Join-Cheer(002279)2022-10-25 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥595,226,432.18, a decrease of 16.77% compared to the same period last year[5]. - The net profit attributable to shareholders was a loss of ¥45,180,671.59, with a year-to-date loss of ¥74,820,011.23[5]. - The basic earnings per share for Q3 2022 was -¥0.0636, compared to -¥0.0407 in the same period last year[5]. - The net loss for Q3 2022 was CNY 92,254,284.90, compared to a net loss of CNY 121,256,800.53 in Q3 2021, indicating an improvement in financial performance[25]. - The total comprehensive income for the third quarter was -90,590,180.14 CNY, compared to -121,685,416.90 CNY in the same period last year, showing an improvement[26]. - The basic and diluted earnings per share were both -0.1053 CNY, an improvement from -0.1588 CNY in the previous year[26]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,386,189,372.93, a decrease of 9.25% from the previous year[5]. - The total current assets decreased to CNY 1,475,944,497.67 from CNY 1,693,791,636.88, a decline of approximately 12.9%[23]. - Total liabilities increased to CNY 1,493,412,638.55 from CNY 1,651,087,775.56, reflecting a decrease of about 9.6%[23]. - The company's total assets decreased to CNY 2,386,189,372.93 from CNY 2,629,383,272.55, a reduction of approximately 9.2%[23]. - The equity attributable to shareholders of the parent company decreased to CNY 848,479,282.90 from CNY 916,183,488.91, a decline of about 7.4%[23]. Cash Flow - The company's cash flow from operating activities for the year-to-date was -¥161,461,465.93, indicating ongoing cash flow challenges[5]. - The net cash flow from operating activities was -161,461,465.93 CNY, an improvement from -209,821,583.26 CNY year-over-year[29]. - The cash inflow from operating activities totaled 1,945,934,018.69 CNY, up from 1,682,269,942.40 CNY in the previous year[29]. - The cash outflow from operating activities was 2,107,395,484.62 CNY, compared to 1,892,091,525.66 CNY in the same period last year[29]. - The net cash flow from investing activities was -207,448,021.53 CNY, worsening from -58,356,596.80 CNY year-over-year[29]. - The cash inflow from investing activities was 480,200,115.68 CNY, slightly up from 475,109,143.39 CNY in the previous year[29]. - The cash outflow from investing activities increased to 687,648,137.21 CNY from 533,465,740.19 CNY year-over-year[29]. - The net cash flow from financing activities was -51,214,880.31 CNY, compared to -25,671,030.24 CNY in the same period last year[29]. - The total cash and cash equivalents decreased by 410,132,718.31 CNY during the quarter[29]. Expenses and Investments - Total operating costs amounted to CNY 1,913,440,411.92, up from CNY 1,744,012,747.14, reflecting a year-over-year increase of 9.7%[24]. - Research and development expenses were CNY 202,811,801.56, an increase from CNY 192,392,012.03, showing a year-over-year growth of 5.8%[25]. - The company reported a significant increase of 145.26% in prepayments, totaling ¥70,358,000, primarily due to increased payments to suppliers for digital communication services[8]. - The company experienced a 394.13% increase in income tax expenses, amounting to ¥1,078,000, due to increased taxable income from certain subsidiaries[10]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 60,137[13]. - The largest shareholder, Beijing Jiuxi Technology Investment Co., Ltd., holds 13.69% of the shares, totaling 97,301,009 shares[13]. - The company implemented a restricted stock incentive plan, granting a total of 8,294,433 shares at a price of CNY 2.50 per share to 218 key personnel[16]. - The remaining balance of convertible bonds as of the reporting period was CNY 779,159,700 (7,791,597 bonds)[18]. Overall Strategy - The company continues to focus on R&D and operational efficiency to improve future profitability despite current losses[25].