SHUNHO STOCK(002565)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥443,455,070, representing a 23.59% increase compared to ¥358,813,900 in the same period last year[5]. - Net profit attributable to shareholders for Q3 2023 reached ¥21,413,860, a significant increase of 1,155.59% from the previous year's figure of ¥2,076,012[5]. - The basic earnings per share for Q3 2023 was ¥0.0202, up 1,163.16% from -0.0020 in the same quarter last year[5]. - Total revenue for Q3 2023 decreased by 58.24% compared to the previous year, primarily due to a reduction in employee bonuses[11]. - Net profit for Q3 2023 reached ¥38,569,164.34, significantly up from ¥3,207,336.93 in Q3 2022, marking an increase of 1,203.5%[21]. - The profit attributable to shareholders of the parent company was ¥28,457,394.88, compared to a loss of ¥2,675,177.31 in the previous year[21]. - The total comprehensive income for the third quarter was CNY 39,541,686.54, compared to CNY 6,805,596.48 in the same period last year, representing a significant increase[22]. Assets and Liabilities - Total assets at the end of Q3 2023 were ¥2,785,822,073.72, reflecting a decrease of 4.35% from the previous year-end[5]. - The company's total assets decreased to ¥2,785,822,073.72 from ¥2,912,518,020.43 at the end of the previous quarter[18]. - Total liabilities decreased to ¥716,493,496.92 from ¥873,077,715.19 in the previous quarter[18]. - The company's long-term borrowings increased by 37.59% to 79.8 million, indicating a rise in bank loans[11]. - Long-term borrowings increased to ¥79,800,000.00 from ¥58,000,000.00, reflecting a strategy to leverage debt for growth[18]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥41,283,780, down 26.58% from ¥56,226,410 in the previous year[5]. - The net cash flow from operating activities was CNY 41,283,780.43, down from CNY 56,226,417.75 year-on-year, indicating a decrease of approximately 26.6%[23]. - The net cash flow from financing activities was negative at CNY -84,645,536.71, a decline from a positive CNY 50,813,469.91 in the same period last year[25]. - Cash inflow from investment activities totaled CNY 1,214,130,171.43, compared to CNY 368,889,996.17 in the previous year, showing a substantial increase[25]. - The total cash outflow from investment activities was CNY 1,185,432,640.74, compared to CNY 439,806,843.32 in the previous year, indicating a significant increase in investment spending[25]. Investments and Income - The company reported a significant increase in asset disposal income, reaching approximately 15.18 million, a 2205.31% increase, mainly from the equity of Qinghai Jintai Potash Fertilizer Co., Ltd.[11]. - Investment income fell by 48.22% to approximately 4.55 million, attributed to decreased returns from venture investments[11]. - The company reported a significant increase in investment income from joint ventures, amounting to ¥10,878,274.81, compared to ¥10,721,242.82 in the previous year[21]. - The company received government subsidies amounting to ¥2,343,148.22 in Q3 2023, contributing to its financial performance[8]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 62,982[13]. - The top ten shareholders hold a combined 40.57% of the company's shares, with Shunhao Investment Group holding the largest share at 20.10%[13]. Other Financial Metrics - The company reported a total equity attributable to shareholders of ¥1,895,344,926.73, an increase of 1.57% compared to the previous year[5]. - Other comprehensive income rose by 20.84% to approximately 5.72 million, reflecting a decrease in foreign currency translation losses[11]. - Research and development expenses for Q3 2023 were ¥45,968,424.50, slightly up from ¥45,148,800.53 in Q3 2022, indicating continued investment in innovation[20]. - The company's cash and cash equivalents increased to approximately 521.85 million, up from 479.58 million at the beginning of the year[16]. - The cash and cash equivalents at the end of the period stood at CNY 368,990,756.69, an increase from CNY 302,534,146.20 year-on-year[25]. - Deferred tax assets increased from CNY 87,946,056.64 to CNY 93,335,284.20, reflecting an increase of CNY 5,389,227.56[27]. - The company has not undergone an audit for the third quarter report[28].