Financial Performance - Total operating revenue for Q3 2022 was RMB 2,351,693,942.61, a decrease of 1.88% compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2022 was RMB 54,604,322.49, down 47.77% year-on-year[2]. - Basic earnings per share for Q3 2022 was RMB 0.04, reflecting a decrease of 47.77% compared to the same period last year[2]. - Total operating revenue for the nine months ended September 30, 2022, was RMB 7,331,498,953.53, an increase of 3.85% compared to RMB 7,058,417,420.20 for the same period in 2021[13]. - Net profit attributable to shareholders of the parent company for the nine months ended September 30, 2022, was RMB 772,399,371.25, compared to RMB 707,458,601.99 for the same period in 2021, representing a growth of 9.18%[14]. - The total comprehensive income attributable to shareholders of the parent company for the nine months ended September 30, 2022, was RMB 1,037,421,783.40, compared to RMB 787,047,145.11 in the same period of 2021, indicating a rise of 31.77%[14]. - Basic earnings per share for the nine months ended September 30, 2022, was RMB 0.63, up from RMB 0.57 in the same period of 2021[14]. Cash Flow and Expenses - Net cash flow from operating activities for the first nine months of 2022 was RMB 858,143,684.78, a decline of 32.44% year-on-year[2]. - The company reported a net cash flow from operating activities of RMB 858,143,684.78 for the nine months ended September 30, 2022, down from RMB 1,270,211,769.39 in the previous year[15]. - Cash flow from investment activities generated a net inflow of RMB 371,159,235.11 for the nine months ended September 30, 2022, compared to a net outflow of RMB (1,117,828,295.05) in the previous year[15]. - The company’s financial expenses increased to RMB (108,356,694.05) from RMB (55,495,908.72), reflecting a year-over-year increase of 95.00%[13]. - Research and development expenses increased significantly to RMB 6,649,769.55 from RMB 2,295,913.41, marking an increase of 189.00% year-over-year[13]. Assets and Liabilities - Total assets as of September 30, 2022, amounted to RMB 20,416,554,271.39, an increase of 8.75% from the end of the previous year[2]. - The total non-current assets were RMB 7,462,239,822.29, leading to a total asset value of RMB 20,416,554,271.39, compared to RMB 18,773,945,790.88 in the previous year, indicating an increase of about 8.8%[9][12]. - As of September 30, 2022, the total current assets amounted to RMB 12,954,314,449.10, an increase from RMB 11,243,967,170.78 as of December 31, 2021, representing a growth of approximately 15.2%[9]. - Current liabilities totaled RMB 8,307,749,797.68, up from RMB 7,340,643,701.84, reflecting an increase of approximately 13.2%[10]. - The total liabilities reached RMB 8,664,840,483.63, compared to RMB 7,664,257,231.46, marking a rise of around 13.0%[11]. - The cash and cash equivalents stood at RMB 6,770,508,353.76, an increase from RMB 6,040,029,278.72, which is a growth of about 12.1%[9]. - The inventory value increased to RMB 3,072,695,256.48 from RMB 2,742,158,426.84, representing a rise of approximately 12.1%[9]. - The company reported a significant increase in accounts payable, which rose to RMB 6,000,561,826.10 from RMB 5,406,581,179.99, indicating an increase of about 10.9%[10]. - The company’s long-term equity investments were valued at RMB 750,865,915.08, slightly down from RMB 754,803,876.08, showing a decrease of approximately 0.5%[9]. - The total equity attributable to shareholders was RMB 11,751,713,787.76, compared to RMB 11,109,688,559.42, reflecting an increase of about 5.8%[12]. Shareholder Information - The total number of ordinary shareholders as of September 30, 2022, was 21,399[5]. - The largest shareholder, Sichuan Xinhua Publishing Group Co., Ltd., held 55.40% of the shares[6]. Market and Operational Challenges - The company reported a significant loss in net cash flow from operating activities due to delayed government procurement payments for educational materials[5]. - Non-operating income and expenses for Q3 2022 included a loss of RMB 52,628,928.72, primarily due to fluctuations in the stock market[4].
新华文轩(00811) - 2022 Q3 - 季度财报