Workflow
北京汽车(01958) - 2022 Q3 - 季度财报
BAIC MOTORBAIC MOTOR(HK:01958)2022-10-26 12:37

Financial Performance - Total operating revenue for the first nine months of 2022 reached RMB 141.88 billion, an increase from RMB 123.87 billion in the same period of 2021, representing a growth of approximately 14.6%[5] - Net profit attributable to shareholders for the first nine months of 2022 was RMB 3.22 billion, compared to RMB 2.67 billion in 2021, reflecting a year-on-year increase of about 20.6%[5] - The total comprehensive income for the first nine months of 2022 was RMB 11.42 billion, a decrease of 8.55% compared to RMB 12.49 billion in the same period of 2021[6] - Total operating revenue for the first nine months of 2022 reached RMB 4,387,313,066.77, a significant increase from RMB 2,772,917,154.02 in the same period of 2021, representing a growth of approximately 58.2%[15] - Net profit for the first nine months of 2022 was RMB 1,807,064,565.86, down from RMB 3,567,157,842.57 in 2021, indicating a decline of approximately 49.3%[15] - The total comprehensive income for the first nine months of 2022 was RMB 1,818,045,013.31, compared to RMB 3,558,565,275.72 in 2021, showing a decline of about 48.9%[15] Assets and Liabilities - Total assets as of September 30, 2022, amounted to RMB 178.64 billion, a slight decrease from RMB 180.84 billion at the end of 2021[3] - Current assets totaled RMB 87.31 billion as of September 30, 2022, compared to RMB 86.64 billion at the end of 2021, indicating a marginal increase[2] - Total liabilities decreased to RMB 98.20 billion as of September 30, 2022, down from RMB 105.96 billion at the end of 2021, showing a reduction of approximately 7.3%[3] - The total current assets as of September 30, 2022, were RMB 33.79 billion, down from RMB 37.60 billion at the end of 2021, indicating a decrease of 10.56%[10] - The company's total assets as of September 30, 2022, were RMB 89.56 billion, a decrease from RMB 92.26 billion at the end of 2021[12] - The total liabilities as of September 30, 2022, were RMB 27.76 billion, a decrease from RMB 30.99 billion as of December 31, 2021[12] Cash Flow - The net cash flow from operating activities for the first nine months of 2022 was RMB 17.48 billion, compared to a negative cash flow of RMB 8.54 billion in the same period of 2021[7] - Cash received from the sale of goods and services increased to RMB 158.03 billion in the first nine months of 2022, up from RMB 134.40 billion in the same period of 2021, representing a growth of 17.59%[7] - Cash flow from operating activities showed a net outflow of RMB 1,510,079,208.64 in 2022, compared to a net inflow of RMB 917,944,170.69 in 2021[16] - Cash flow from investing activities generated a net inflow of RMB 1,962,255,011.82 in 2022, contrasting with a net outflow of RMB 1,835,268,655.04 in 2021[17] - Cash flow from financing activities resulted in a net outflow of RMB 3,790,496,991.42 in 2022, compared to a net inflow of RMB 948,684,075.72 in 2021[17] - The company's cash and cash equivalents at the end of September 2022 were RMB 41.36 billion, an increase from RMB 27.52 billion at the end of 2021[9] Research and Development - Research and development expenses for the first nine months of 2022 were RMB 602 million, slightly lower than RMB 666 million in the same period of 2021[5] - Research and development expenses were notably low at RMB 9,031.39 in 2022, compared to RMB 4,557,980.24 in 2021, indicating a significant reduction in investment in this area[15] Investments - The company’s long-term equity investments increased to RMB 14.46 billion as of September 30, 2022, up from RMB 12.53 billion at the end of 2021, indicating a growth of approximately 15.4%[2] - Long-term equity investments increased to RMB 43.24 billion as of September 30, 2022, compared to RMB 39.94 billion at the end of 2021, reflecting a growth of 8.06%[11] - The company’s investment income for the first nine months of 2022 was RMB 5,709,192,880.71, down from RMB 6,680,406,472.38 in 2021, reflecting a decrease of approximately 14.5%[15] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[1]