Financial Performance - The company's revenue for Q3 2023 reached ¥1,601,165,515.59, representing a 37.58% increase compared to ¥1,163,776,761.57 in the same period last year[7]. - Net profit attributable to shareholders for Q3 2023 was ¥72,199,715.90, a significant increase of 97.84% from ¥36,494,190.26 in Q3 2022[7]. - The basic earnings per share for Q3 2023 was ¥0.1867, up 84.12% from ¥0.1014 in the same period last year[7]. - The company reported a 30.27% year-on-year increase in total revenue for the first three quarters of 2023, reaching ¥4,374,179,393.78 compared to ¥3,357,768,691.05 in the same period last year[14]. - For the first nine months of 2023, the company achieved total revenue of CNY 4.374 billion, a year-on-year increase of 30.27%[31]. - The net profit attributable to shareholders for the same period was CNY 223 million, reflecting a year-on-year growth of 41.71%[31]. - Operating profit for the third quarter was ¥256,426,827.32, representing a 42.0% increase from ¥180,578,184.96 in the previous year[44]. - Net profit for the period was ¥222,553,339.83, compared to ¥157,047,396.05 in the same quarter last year, marking a growth of 41.7%[44]. Assets and Liabilities - Total assets as of September 30, 2023, amounted to ¥3,604,297,060.36, reflecting a 51.93% increase from ¥2,360,554,539.36 at the end of the previous year[7]. - The company's total liabilities increased significantly, with short-term borrowings rising by 885.81% to ¥175,808,517.30, attributed to increased bank borrowings[13]. - The company's equity increased to ¥2,400,275,441.23, up 64.8% from ¥1,455,613,636.19 at the beginning of the year[41]. Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥339,681,984.39, a 45.04% increase compared to ¥234,197,298.30 in the previous year[7]. - The net cash flow from operating activities increased by 45.04% to ¥339,681,984.39, attributed to revenue growth and improved operational efficiency[18]. - The net cash flow from investing activities decreased significantly by 345.75% to -¥1,192,917,251.43, mainly due to increased purchases of financial products[18]. - The net cash flow from financing activities surged by 1,713.25% to ¥816,752,565.49, primarily due to new fundraising efforts[18]. - Cash inflows from operating activities for the current period amount to approximately ¥2.92 billion, compared to ¥2.33 billion in the previous period, marking a rise of 25.4%[53]. - Cash outflows from operating activities for the current period total approximately ¥2.59 billion, compared to ¥2.10 billion in the previous period, an increase of 23.3%[53]. - The net cash flow from financing activities for the current period is approximately ¥816.75 million, compared to -¥50.63 million in the previous period, showing a turnaround in cash inflow[55]. Research and Development - Research and development expenses increased by 83.21% to ¥51,033,601.90, driven by investments in product development for high-potential categories[17]. - Research and development expenses for the first nine months were CNY 51 million, representing an 83.21% year-on-year increase, indicating a strong focus on innovation[33]. - Research and development expenses for the quarter were ¥51,033,601.90, an increase of 83.5% compared to ¥27,854,852.86 in the same period last year[44]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,839, with the largest shareholder holding 35.94% of shares[19]. - Xiamen Jun Teng Equity Investment Co., Ltd. held 143,812,440 shares, representing 35.94% of the total shares[19]. - Xiamen Zhong Teng Equity Investment Partnership held 93,004,200 shares, accounting for 23.25% of the total shares[19]. - Xiamen Jun Hui Equity Investment Co., Ltd. owned 60,289,920 shares, which is 15.07% of the total shares[19]. - The top ten shareholders collectively hold a significant portion of the company's equity, indicating concentrated ownership[19]. Inventory Management - As of September 2023, total inventory amounted to CNY 877 million, a 44.93% increase from the beginning of the year, primarily due to seasonal stocking for Q4[33]. - The company continues to optimize its inventory structure, with long-term inventory levels reaching a three-year low[33]. - Inventory increased significantly to ¥876,509,632.03, up 45.0% from ¥604,781,495.73[37]. Strategic Focus - The company plans to continue focusing on product development and market expansion in the apparel and accessories sector, which has shown a 39.62% year-on-year growth[14]. - The company has engaged in strategic partnerships and fundraising to enhance its market position and operational capabilities[18]. - The report indicates a focus on expanding investment activities and improving cash flow management strategies[18]. IPO Information - The company successfully completed its IPO on July 10, 2023, with 40.1 million shares listed on the Shenzhen Stock Exchange[34]. - The total share capital post-IPO is 400.1 million shares, with 31.41 million shares available for trading from July 12, 2023[34]. Accounting Changes - The company has implemented new accounting standards starting January 1, 2023, which may impact the financial reporting of deferred tax assets and liabilities[56]. - Deferred tax assets increased from ¥38,140,605.77 on December 31, 2022, to ¥49,933,422.02 on January 1, 2023, reflecting a growth of approximately 30.5%[61]. - Unappropriated profits rose from ¥999,961,176.59 to ¥1,001,016,061.30, indicating a slight increase of about 0.1%[61]. - Deferred tax liabilities showed a significant increase, with a remeasurement amount of ¥10,796,368.86 recorded[61]. - Deferred tax assets in another segment increased from ¥3,908.58 to ¥1,635,168.93, marking a substantial growth of approximately 41,800%[63]. - Unappropriated profits in the second segment increased from ¥43,309,685.99 to ¥43,570,613.03, reflecting an increase of about 0.6%[63].
赛维时代(301381) - 2023 Q3 - 季度财报