SANY(SH:600031)2022-10-28 16:00Financial Performance - Operating revenue for Q3 2022 was CNY 18,887,906, a decrease of 8.27% compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2022 was CNY 962,844, down 61.38% year-on-year[2]. - Basic earnings per share for Q3 2022 was CNY 0.1142, a decline of 61.37% compared to the same period last year[3]. - Total operating revenue for the first three quarters of 2022 was CNY 59,164,624, a decrease of 33% compared to CNY 88,281,360 in the same period of 2021[13]. - Operating income for the first three quarters of 2022 was CNY 58,560,973, down from CNY 87,718,220 in 2021, reflecting a decline of approximately 33.3%[13]. - The net profit for the first three quarters of 2022 was 3,721,205 thousand RMB, a decrease of 71.1% compared to 12,859,191 thousand RMB in the same period of 2021[14]. - The total profit for the first three quarters of 2022 was 4,232,801 thousand RMB, down 71.2% from 14,674,719 thousand RMB in the previous year[14]. - The operating profit for the first three quarters of 2022 was 4,150,312 thousand RMB, a decline of 71.7% compared to 14,656,740 thousand RMB in 2021[14]. - The total comprehensive income for the first three quarters of 2022 was 4,155,468 thousand RMB, a decrease of 66.9% from 12,577,065 thousand RMB in 2021[15]. - The basic earnings per share for the first three quarters of 2022 was 0.4266 RMB, down 71.5% from 1.4918 RMB in the same period of 2021[15]. Assets and Liabilities - Total assets at the end of Q3 2022 reached CNY 154,355,411, an increase of 11.40% from the end of the previous year[3]. - The company's total liabilities increased to CNY 88,389,199, compared to CNY 73,461,411, marking a rise of 20.3%[12]. - The equity attributable to shareholders rose to CNY 64,429,214, an increase from CNY 63,690,908, reflecting a growth of 1.2%[12]. - Cash and cash equivalents increased to CNY 19,228,316 as of September 30, 2022, compared to CNY 14,811,867 at the end of 2021, representing a growth of 29.5%[10]. - Accounts receivable rose to CNY 25,406,111, up 29.4% from CNY 19,655,404 at the end of 2021[10]. - Inventory increased to CNY 21,297,380, reflecting a rise of 15.4% from CNY 18,462,609 in the previous year[10]. - Long-term borrowings surged to CNY 20,006,722, a significant increase of 108.5% from CNY 9,602,665 at the end of 2021[12]. - The total assets of the company reached CNY 154,355,411, up from CNY 138,556,543, indicating a growth of 11.4%[11]. - The company's total liabilities decreased to CNY 25,906,713 thousand as of September 30, 2022, from CNY 33,584,414 thousand as of December 31, 2021, a reduction of about 22.9%[21]. - The total equity of the company as of September 30, 2022, was CNY 18,694,134 thousand, down from CNY 21,971,199 thousand as of December 31, 2021, indicating a decrease of approximately 15.4%[21]. Cash Flow - The company reported a cash flow from operating activities of CNY 3,486,617 for the year-to-date period, a decrease of 65.94% compared to the previous year[2]. - The cash flow from operating activities for the first three quarters of 2022 was 3,486,617 thousand RMB, down 66.1% from 10,236,076 thousand RMB in the same period of 2021[17]. - The cash inflow from operating activities totaled 68,906,953 thousand RMB, a decrease of 28.3% from 96,244,605 thousand RMB in the previous year[16]. - The cash outflow from operating activities was 65,420,336 thousand RMB, down 23.9% from 86,008,529 thousand RMB in the same period of 2021[17]. - The net cash flow from operating activities for the first three quarters of 2022 was -7,161,760 thousand RMB, compared to 6,370,028 thousand RMB in the same period of 2021[25]. - Cash inflow from operating activities totaled 13,640,136 thousand RMB, while cash outflow was 20,801,896 thousand RMB, resulting in a significant cash flow deficit[25]. - The company reported a significant increase in cash received from sales of goods and services, totaling 13,432,141 thousand RMB, compared to 4,402,556 thousand RMB in the previous year[25]. - Cash received from investment income was 3,813,661 thousand RMB, up from 1,818,536 thousand RMB in the same period last year[25]. - The company paid 12,067,606 thousand RMB for purchases of goods and services, a notable increase from 3,894,443 thousand RMB in the previous year[25]. Research and Development - Research and development investments increased as the company focused on new products and technologies despite the profit decline[6]. - Research and development expenses for the first three quarters of 2022 were CNY 183,143 thousand, compared to CNY 94,589 thousand in the same period of 2021, representing an increase of approximately 93.7%[22]. Shareholder Information - The top shareholder, SANY Group Co., Ltd., held 2,480,088,257 shares, representing 29.20% of the total shares[7].