Important Content Reminder
- The board of directors, supervisory board, and senior management guarantee the authenticity, accuracy, and completeness of the quarterly report, assuming individual and joint legal responsibility for any false records, misleading statements, or major omissions.
- The person in charge of the company, the head of accounting, and the accounting institution declare that they ensure the financial information in the quarterly report is true, accurate, and complete.
- Is the third quarter report audited? □ Yes ☒ No
I. Main Financial Data
(1) Main Accounting Data and Financial Indicators
Does the company need to restate or adjust previous years' accounting data? □ Yes ☒ No
| Item | Current Period | Change Compared to Same Period Last Year | Year-to-Date | Change Compared to Same Period Last Year |
|---|
| Operating Revenue (¥) | 68,393,356.95 | -6.99% | 215,339,728.91 | -18.28% |
| Net Profit Attributable to Shareholders (¥) | 252,795.47 | 106.18% | -431,641.11 | 94.23% |
| Net Profit Attributable to Shareholders Excluding Non-Recurring Gains and Losses (¥) | 252,795.47 | 105.98% | -1,549,220.33 | 79.50% |
| Net Cash Flow from Operating Activities (¥) | — | — | 2,570,428.68 | 104.78% |
| Basic Earnings per Share (¥/share) | 0.0007 | 106.31% | -0.0012 | 94.09% |
| Diluted Earnings per Share (¥/share) | 0.0007 | 106.31% | -0.0012 | 94.09% |
| Weighted Average Return on Equity | 0.50% | 7.33% | -0.85% | 11.65% |
| Item | End of Current Period | End of Previous Year | Change Compared to Previous Year |
|---|
| Total Assets (¥) | 111,736,470.13 | 100,859,176.87 | 10.78% |
| Total Equity Attributable to Shareholders (¥) | 50,986,309.86 | 50,998,394.24 | -0.02% |
(2) Non-Recurring Gains and Losses
| Item | Amount for Current Period | Amount Year-to-Date | Description |
|---|
| Gains and losses from matters unrelated to normal business operations | 1,116,586.42 | — | — |
| Other non-operating income and expenses | 992.80 | — | — |
| Less: Income Tax Impact | 0.00 | — | — |
| Minority Interest Impact (after tax) | 0.00 | — | — |
| Total | 0.00 | 1,117,579.22 | — |
(3) Changes and Reasons for Main Accounting Data and Financial Indicators
| Item | End of Current Period | End of Previous Period | Difference | Percentage Change | Reason |
|---|
| Accounts Receivable | 20,134,020.20 | 43,581,248.90 | -23,447,228.70 | -53.80% | Mainly due to partial collection of sales receivables at the end of the period. |
| Prepayments | 30,341,659.32 | 7,212,593.60 | 23,129,065.72 | 320.68% | Mainly due to prepayments for purchases. |
| Other Receivables | 1,549,629.99 | 4,339,768.25 | -2,790,138.26 | -64.29% | Mainly due to collection of receivables at the end of the period. |
| Inventory | 35,099,148.66 | 19,404,450.41 | 15,694,698.25 | 80.88% | Mainly due to inventory for sales at the end of the period. |
| Accounts Payable | 790,740.91 | 6,035,299.01 | -5,244,558.10 | -86.90% | Mainly due to a decrease in payables for purchases at the end of the period. |
| Other Payables | 48,016,001.88 | 27,823,691.46 | 20,192,310.42 | 72.57% | Mainly due to the receipt of the down payment for stock judicial transfer. |
| Estimated Liabilities | 1,123,268.68 | 2,359,660.36 | -1,236,391.68 | -52.40% | Mainly due to adjustments related to litigation matters. |
| Management Expenses | 2,174,592.28 | 4,161,901.11 | -1,987,308.83 | -47.75% | Mainly due to strict cost control during the reporting period. |
| Credit Impairment Losses | 1,701,531.72 | 293,163.79 | 1,408,367.93 | 480.40% | Mainly due to recovery of receivables reversing bad debts. |