SERES(SH:601127)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥10,707,342,346.67, representing a year-over-year increase of 163.39%[2] - The net profit attributable to shareholders for Q3 2022 was -¥947,457,387.63, with a year-to-date net profit of -¥2,674,784,796.45[2] - The diluted earnings per share for Q3 2022 was -¥0.67, and the year-to-date figure was -¥1.90[3] - Total operating revenue for the first three quarters of 2022 reached ¥23,123,288,906.63, a significant increase from ¥11,449,625,391.42 in the same period of 2021, representing a growth of approximately 102.9%[13] - The net loss for the third quarter of 2022 was ¥3,582,106,256.68, worsening from a net loss of ¥1,569,770,456.16 in the same quarter of 2021[14] - The gross profit margin for the first three quarters of 2022 was negative, with an operating profit of -¥3,436,991,241.67 compared to -¥1,809,416,702.59 in the previous year[14] - The total comprehensive loss for the third quarter of 2022 was ¥3,543,127,639.12, compared to a loss of ¥1,583,571,146.60 in the same period of 2021[15] Assets and Liabilities - Total assets at the end of Q3 2022 reached ¥43,855,286,197.15, reflecting a 36.95% increase compared to the end of the previous year[3] - The total liabilities increased to ¥30,000,000,000, reflecting a rise from the previous year's figures, indicating a strategic expansion in operations[10] - The total liabilities as of the end of the third quarter of 2022 amounted to ¥32,538,780,008.68, compared to ¥24,294,520,453.22 at the same time last year, an increase of about 34.5%[12] - The total current assets of the company reached ¥25,210,943,714.30, a significant increase from ¥14,667,526,071.63 at the end of 2021, representing a growth of approximately 71.5%[9] - The company's cash and cash equivalents amounted to ¥16,074,841,404.65, up from ¥5,832,248,989.73 in the previous year, indicating a growth of about 175.5%[9] - The accounts payable increased significantly to ¥10,073,328,224.63 from ¥6,143,477,684.12, representing an increase of about 63.5%[11] Cash Flow - The cash flow from operating activities for the year-to-date period was ¥1,197,123,301.66, indicating improved sales collection[2] - The total cash inflow from operating activities for the first three quarters of 2022 was approximately ¥27.96 billion, a significant increase from ¥13.70 billion in the same period of 2021, representing a growth of about 104.5%[16] - The net cash flow from operating activities for Q3 2022 was approximately ¥1.20 billion, compared to a negative cash flow of ¥789.77 million in Q3 2021, indicating a turnaround in performance[17] - The total cash outflow from operating activities in Q3 2022 was approximately ¥26.76 billion, up from ¥14.48 billion in Q3 2021, reflecting an increase of about 84.5%[17] - The cash inflow from financing activities in Q3 2022 was approximately ¥10.97 billion, compared to ¥6.18 billion in Q3 2021, marking an increase of about 77.5%[17] - The net cash flow from financing activities for Q3 2022 was approximately ¥6.12 billion, up from ¥2.34 billion in Q3 2021, showing a significant improvement[17] Research and Development - Research and development expenses increased to ¥906,115,928.34 in the first three quarters of 2022, up from ¥675,954,269.26 in the same period of 2021, reflecting a growth of approximately 33.9%[13] Strategic Focus - The company is still in the ramp-up phase of new product launches, which has impacted profitability despite increased sales[6] - The company is focusing on new product development and market expansion strategies to enhance its competitive position in the industry[10] - The company plans to continue investing in technology and innovation to drive future growth and improve operational efficiency[10]