Financial Performance - Operating revenue for Q3 2022 was CNY 5,774,917,470.88, a decrease of 50.49% compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2022 was CNY 1,027,019,819.10, down 59.81% year-on-year[2] - Basic earnings per share for Q3 2022 decreased by 63.31% to CNY 0.0791[2] - Total operating revenue for the first three quarters of 2022 was RMB 19,004,388,406.91, a decrease of 32.5% compared to RMB 28,161,027,239.23 in the same period of 2021[20] - Net profit attributable to the parent company for the first three quarters of 2022 was RMB 3,717,415,531.92, down 33.4% from RMB 5,592,782,493.80 in 2021[21] - Operating profit for Q3 2022 was approximately ¥516.32 million, a significant decrease of 66.3% compared to ¥1.53 billion in Q3 2021[24] - Net profit for Q3 2022 was approximately ¥516.38 million, down 66.3% from ¥1.53 billion in Q3 2021[24] - Total comprehensive income for Q3 2022 was approximately ¥510.43 million, compared to ¥1.53 billion in Q3 2021, reflecting a decline of 66.7%[24] Cash Flow - Cash flow from operating activities increased by 33.10% to CNY 8,113,643,239.16 year-to-date[5] - Cash flow from operating activities for the first three quarters of 2022 was approximately ¥8.11 billion, an increase of 33.0% from ¥6.10 billion in the same period of 2021[25] - Cash flow from investment activities for the first three quarters of 2022 was approximately ¥-2.36 billion, compared to ¥-13.18 billion in the same period of 2021, indicating an improvement[26] - The company reported a decrease in cash received from sales of goods and services, totaling approximately ¥21.04 billion in the first three quarters of 2022, down from ¥28.98 billion in the same period of 2021[25] - The company experienced a significant reduction in cash outflows for operating activities, totaling approximately ¥14.96 billion in the first three quarters of 2022, compared to ¥25.15 billion in the same period of 2021[25] - The company’s financing activities resulted in a net cash outflow of approximately ¥14.04 billion in the first three quarters of 2022, compared to a net inflow of ¥3.63 billion in the same period of 2021[26] - In Q3 2022, the net cash flow from operating activities was -1,032,464,168.61 RMB, a decrease from 2,124,936,087.95 RMB in Q3 2021[27] - Total cash inflow from operating activities was 6,484,207,168.87 RMB, down 37.5% from 10,303,605,821.88 RMB in the same period last year[27] - Cash inflow from investment activities was 14,753,039,236.59 RMB, significantly higher than 171,376,428.02 RMB in Q3 2021[27] - The net cash flow from investment activities was 6,013,909,204.52 RMB, a turnaround from -3,196,268,659.02 RMB in the previous year[27] - Cash inflow from financing activities reached 18,749,736,023.53 RMB, an increase of 33.5% from 14,000,000,000.00 RMB in Q3 2021[28] - The net cash flow from financing activities was -2,633,375,605.02 RMB, worsening from -273,637,866.88 RMB in the same quarter last year[28] - The ending cash and cash equivalents balance was 4,226,147,380.63 RMB, up from 1,424,292,977.75 RMB in Q3 2021[28] - The company reported a net increase in cash and cash equivalents of 2,344,191,872.42 RMB, contrasting with a decrease of -1,350,312,448.82 RMB in the previous year[28] Assets and Liabilities - Total assets as of the end of the reporting period were CNY 132,616,320,517.55, a slight increase of 0.02%[2] - As of September 30, 2022, the company's current assets totaled 28,900,593,732.00 RMB, a decrease from 33,567,680,021.63 RMB on December 31, 2021[11] - The company's total assets as of September 30, 2022, were CNY 68,993,555,264.54, down from CNY 72,544,455,063.62 at the end of 2021, representing a decrease of approximately 4.3%[17] - The company reported a total equity of CNY 29,064,761,816.11 as of September 30, 2022, down from CNY 32,688,898,902.01 at the end of 2021, reflecting a decrease of approximately 11.1%[15] - Total non-current liabilities increased to CNY 50,520,719,396.21 as of September 30, 2022, compared to CNY 46,046,715,538.24 at the end of 2021, representing an increase of about 9.3%[14] - The total liabilities as of September 30, 2022, reached CNY 103,573,615,362.09, up from CNY 99,927,421,615.54 at the end of 2021, indicating a growth of approximately 3.7%[14] - The company’s total liabilities to equity ratio as of September 30, 2022, was approximately 3.56, compared to 3.06 at the end of 2021, indicating an increase in financial leverage[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 307,381[6] - China Shipping Group Co., Ltd. holds 4,628,015,690 shares, accounting for 34.06% of the total share capital[9] - The total shares held by China Ocean Shipping Group Co., Ltd. and its affiliates amount to 6,123,503,998 shares, representing 45.07% of the total share capital[9] Research and Development - Research and development expenses increased to RMB 76,837,603.87 in the first three quarters of 2022, compared to RMB 38,801,020.28 in the same period of 2021, marking a rise of 97.9%[20] Financial Management - The company reported a significant increase in financial expenses, which rose to RMB 18,149,048.39 in 2022 from RMB 1,333,473,040.79 in 2021, reflecting a substantial change in financial management[20]
中远海发(02866) - 2022 Q3 - 季度财报