2022-10-28 16:00Financial Performance - Operating revenue for Q3 2022 was CNY 18,135,912, a decrease of 8.37% compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2022 was a loss of CNY 8,668,358, with a year-to-date loss of CNY 28,103,264[2]. - Basic earnings per share for Q3 2022 was -0.63, compared to -2.05 for the same period last year[4]. - The net loss for the third quarter of 2022 was CNY 33,362,355, compared to a net loss of CNY 14,645,581 in the same quarter of 2021[15]. - The net profit attributable to the parent company for Q3 2022 was -28,103,264 RMB, compared to -10,321,667 RMB in Q3 2021, representing a year-over-year decline of approximately 172.5%[16]. - The total comprehensive income attributable to the parent company for Q3 2022 was -26,252,819 RMB, compared to -9,591,193 RMB in Q3 2021, indicating a significant increase in losses[17]. - The basic earnings per share for Q3 2022 was -2.05 RMB, compared to -0.75 RMB in Q3 2021, reflecting a worsening financial performance[17]. Cash Flow - Cash flow from operating activities for the year-to-date period was CNY -4,895,560, representing a decrease of 148.23% year-on-year[6]. - Cash inflow from operating activities totaled 52,309,212 RMB in Q3 2022, down from 67,996,587 RMB in Q3 2021, showing a decrease of approximately 22.9%[18]. - Cash flow from operating activities for the first three quarters of 2022 was -4,895,560 RMB, a decline from 10,151,293 RMB in the same period of 2021[19]. - Cash outflow from investing activities for Q3 2022 was 6,647,743 RMB, compared to 3,065,902 RMB in Q3 2021, indicating an increase in investment expenditures[19]. - Cash inflow from financing activities for Q3 2022 was 93,689,578 RMB, significantly higher than 42,806,497 RMB in Q3 2021, reflecting increased financing efforts[19]. - The net cash flow from financing activities for Q3 2022 was 8,349,776 RMB, a recovery from a net outflow of -6,031,467 RMB in Q3 2021[20]. - The total cash and cash equivalents at the end of Q3 2022 was 13,775,693 RMB, down from 8,768,175 RMB at the end of Q3 2021[20]. - The company reported a decrease in cash received from sales of goods and services, totaling 44,775,183 RMB in Q3 2022, compared to 61,020,442 RMB in Q3 2021, a decline of approximately 26.5%[18]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 296,940,407, a decrease of 0.49% from the previous year[4]. - Total assets as of September 30, 2022, were CNY 296,940,407, slightly down from CNY 298,415,152 at the end of 2021[13]. - Total liabilities increased to CNY 261,604,740 as of September 30, 2022, compared to CNY 232,550,079 at the end of 2021, reflecting a rise of 12.5%[13]. - The company’s total equity decreased to CNY 35,335,667 as of September 30, 2022, down from CNY 65,865,073 at the end of 2021, indicating a decline of 46.5%[13]. - Shareholders' equity attributable to shareholders decreased by 42.76% to CNY 35,149,700 compared to the previous year[4]. Operational Challenges - The company experienced significant impacts from domestic COVID-19 outbreaks, rising jet fuel prices, and exchange rate fluctuations[6]. - Total operating revenue for the first three quarters of 2022 was CNY 42,088,565, a decrease of 26.7% compared to CNY 57,457,425 in the same period of 2021[14]. - Total operating costs for the third quarter of 2022 amounted to CNY 76,941,159, an increase from CNY 73,584,421 in the previous year[15]. - The company reported a significant increase in research and development expenses to CNY 126,195 in the third quarter of 2022, up from CNY 92,814 in the same quarter of 2021[15]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 103,621[7]. - Major shareholder China National Aviation Holding Company held 40.98% of the shares, with 5,952,236,697 shares[7].