CHANGYU(000869)2022-10-27 16:00Revenue and Profit - Revenue for Q3 2022 reached ¥857,930,890, an increase of 7.68% year-over-year, while year-to-date revenue totaled ¥2,811,023,025, up 5.23% compared to the same period last year[3] - Net profit attributable to shareholders for Q3 2022 was ¥75,890,351, a decrease of 4.83% year-over-year, with year-to-date net profit at ¥434,349,954, down 3.81% compared to the previous year[3] - Basic earnings per share for Q3 2022 was ¥0.11, reflecting an 8.33% decline year-over-year, while diluted earnings per share also stood at ¥0.11[3] - Net profit for the third quarter was CNY 416,321,189, down from CNY 449,107,818, indicating a decrease of approximately 7.3% year-over-year[14] - The basic and diluted earnings per share were both CNY 0.63, down from CNY 0.66 in the previous period, representing a decrease of approximately 4.5%[15] Assets and Liabilities - Total assets as of the end of Q3 2022 were ¥13,094,530,385, representing a decrease of 2.80% from the end of the previous year[3] - The total assets of the company decreased to CNY 13,094,530,385 from CNY 13,472,009,754, a decline of about 2.8%[12] - The company's long-term equity investments decreased to CNY 41,765,666 from CNY 46,496,510, reflecting a decline of approximately 10.1%[12] - The total liabilities decreased to CNY 2,303,556,742 from CNY 2,779,333,150, a reduction of approximately 17.1%[13] Cash Flow - Cash flow from operating activities year-to-date was ¥738,690,855, down 6.75% compared to the same period last year[3] - The net cash flow from operating activities was CNY 738,690,855, down from CNY 792,193,127 in the previous period, indicating a decline of about 6.7%[17] - The cash flow from financing activities resulted in a net outflow of -CNY 500,149,385, compared to -CNY 299,502,924 in the previous period, indicating a significant increase in cash outflow[18] - The total cash outflow for financing activities was CNY 1,005,398,006, compared to CNY 981,236,949 in the previous period, indicating a slight increase in cash outflow[18] Research and Development - Research and development expenses increased by 145.70% year-to-date, indicating a significant boost in investment towards innovation[6] - Research and development expenses increased significantly to CNY 9,148,719 from CNY 3,723,499, representing a growth of about 146.5%[14] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 45,870, with the largest shareholder, Yantai Zhangyu Group Co., Ltd., holding 50.40% of shares[9] Tax and Other Income - The company reported a 426.95% increase in tax refunds received year-to-date, primarily due to input tax refunds[7] - Non-operating income for Q3 2022 totaled ¥7,808,640, with government subsidies contributing ¥11,161,122 to this figure[4] - The company received CNY 187,357,349 in tax refunds, significantly higher than CNY 35,554,848 in the previous period, marking an increase of over 426%[17] - The company reported a decrease in other comprehensive income attributable to the parent company of CNY -6,409,785, compared to CNY -17,140,870 in the previous period, showing an improvement[15] Inventory and Operating Costs - Total operating costs increased to CNY 2,258,273,691 from CNY 2,079,791,757, reflecting a rise of about 8.61%[14] - Inventory levels rose to CNY 2,951,626,146 from CNY 2,802,622,520, marking an increase of approximately 5.3%[12]