Geron(002722)2022-10-17 16:00Financial Performance - The company's revenue for Q3 2022 was ¥764,634,096.34, a decrease of 6.59% compared to the same period last year[5] - Net profit attributable to shareholders was ¥23,207,085.82, down 47.36% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥16,517,989.78, a decline of 60.98% compared to the previous year[5] - The basic earnings per share were ¥0.14, representing a decrease of 44.00% year-on-year[5] - Total operating revenue for the current period was ¥2,114,479,458.13, a decrease of 9.65% from ¥2,340,769,531.37 in the previous period[19] - Net profit for the current period was ¥75,085,209.45, a decline of 39.73% compared to ¥124,670,045.06 in the previous period[20] - Earnings per share (EPS) for the current period was ¥0.43, down from ¥0.71 in the previous period[21] - The company reported a total comprehensive income of ¥75,079,794.00, down from ¥124,670,921.23, indicating a decline of 39.66%[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,974,626,182.43, a decrease of 1.44% from the end of the previous year[5] - Total current assets as of September 30, 2022, amount to CNY 1,732,303,048.14, a decrease from CNY 1,784,622,426.05 at the beginning of the year[16] - Total assets as of September 30, 2022, are CNY 2,974,626,182.43, down from CNY 3,018,220,999.34[16] - Total current liabilities decreased to CNY 659,631,094.03 from CNY 803,614,955.09, a reduction of approximately 18%[16] - Total liabilities decreased to ¥914,406,980.44 from ¥1,006,683,391.66, reflecting a reduction of 9.15%[20] - Long-term borrowings amount to CNY 40,000,000.00, with total non-current liabilities at CNY 196,540,712.47[16] Cash Flow - The cash flow from operating activities was ¥173,801,386.17, an increase of 610.40% compared to the same period last year[10] - Cash flow from operating activities generated a net amount of ¥173,801,386.17, a significant improvement from a net outflow of ¥34,052,128.19 in the previous period[22] - The net cash flow from investment activities was 29,076,007.78 CNY, a significant improvement compared to a net outflow of -145,424,760.75 CNY in the previous period[23] - Cash inflow from financing activities totaled 278,302,383.56 CNY, down from 353,150,000.00 CNY in the prior period[23] - The net cash flow from financing activities was -151,794,433.25 CNY, slightly worse than the previous net outflow of -132,638,918.75 CNY[23] - The total cash and cash equivalents at the end of the period amounted to 364,606,693.45 CNY, compared to 170,609,671.32 CNY at the end of the previous period[23] Shareholder Information - Total number of common shareholders at the end of the reporting period is 19,142[12] - The largest shareholder, Nantong Jinlun Holdings, holds 18.88% of shares, totaling 33,126,534 shares, with 7,000,000 shares pledged[12] Other Financial Metrics - The company reported a significant decrease in trading financial assets by 50.05% to ¥50,118,902.79 compared to the beginning of the year[9] - The company’s intangible assets increased by 51.29% to ¥106,605,250.75, mainly due to the acquisition of land use rights[9] - The company’s contract liabilities increased by 104.96% to ¥31,175,978.98, primarily due to increased advance payments received[9] - The company’s income tax expense decreased by 47.54% to ¥24,314,793.70, mainly due to a reduction in total profit compared to the previous year[9] - Research and development expenses rose to ¥19,008,516.04, an increase of 15.66% from ¥16,424,786.97[19] - Other income increased to ¥3,499,671.06, compared to ¥2,987,171.80 in the previous period, reflecting a growth of 17.09%[20] Audit and Reporting - The company did not undergo an audit for the third quarter report[24] - The report was released on October 14, 2022, by the board of directors[24]