GDG(SH:600098)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 reached ¥14,786,916,147.46, representing a year-on-year increase of 44.09%[4] - Net profit attributable to shareholders for Q3 2022 was ¥501,754,385.11, a significant increase of 531.71% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2022 was ¥497,207,428.39, up 544.21% year-on-year[4] - The weighted average return on equity for Q3 2022 was 2.1044%, an increase of 1.6744 percentage points compared to the previous year[5] - Total operating revenue for the first three quarters of 2022 reached CNY 35.54 billion, a 26.2% increase from CNY 28.15 billion in the same period of 2021[19] - Net profit attributable to shareholders of the parent company was CNY 1.22 billion, compared to CNY 743.12 million in the previous year, reflecting a significant increase[21] - Total comprehensive income for the third quarter of 2022 reached ¥1,070,494,035.18, compared to ¥964,342,973.15 in the same period of 2021, reflecting an increase of approximately 11%[22] - Basic and diluted earnings per share for the third quarter of 2022 were both ¥0.3493, up from ¥0.2788 in the previous year, representing a growth of about 25.4%[22] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period was ¥3,325,785,855.05, showing a substantial increase of 315.22% year-on-year[4] - Cash inflow from operating activities totaled ¥43,114,724,494.22 for the first three quarters of 2022, compared to ¥34,735,316,876.85 in 2021, indicating an increase of approximately 24.5%[23] - Cash outflow from operating activities was ¥39,788,938,639.17 in the first three quarters of 2022, up from ¥33,934,339,724.20 in the previous year, marking an increase of about 17.3%[23] - The ending cash and cash equivalents balance was 205.85 million RMB, showing a significant increase in operating cash flow compared to the previous period[10] - The company reported cash and cash equivalents of ¥7,995,548,790.04 at the end of the third quarter of 2022, down from ¥2,614,171,446.90 at the same time last year[24] - The company received cash from financing activities totaling ¥12,609,065,791.04 in the third quarter of 2022, compared to ¥8,117,299,464.42 in the same period of 2021, reflecting an increase of approximately 55.5%[24] - The company’s net cash flow from financing activities was -¥1,912,969,120.57 in the third quarter of 2022, contrasting with a positive flow of ¥1,994,284,210.99 in the same quarter of 2021[24] Assets and Liabilities - Total assets at the end of Q3 2022 amounted to ¥59,698,747,376.19, reflecting a 2.70% increase from the end of the previous year[5] - The company's total current assets decreased from 16,728.57 million RMB at the end of 2021 to 16,384.85 million RMB by September 30, 2022[16] - Total assets amounted to CNY 59.70 billion, up from CNY 58.13 billion year-over-year, indicating a growth of 2.7%[18] - Total liabilities increased to CNY 32.84 billion, compared to CNY 31.99 billion, representing a rise of 2.6%[18] - The total liabilities decreased slightly to CNY 12,798,511,180.80 from CNY 12,804,198,594.82 year-over-year[26] - The company’s total equity decreased to CNY 16,657,690,115.18 from CNY 17,108,361,569.41 year-over-year[26] Operational Efficiency - The company reported a significant increase in natural gas sales volume and price, contributing to the overall profit growth in the energy sector[9] - The company has focused on cost control and efficiency improvements, which positively impacted profit margins across various business segments[9] - The company reported a total cost of operations of CNY 34.55 billion, an increase from CNY 27.98 billion, reflecting a rise of 23.5%[19] - Research and development expenses for the third quarter were CNY 356.92 million, slightly up from CNY 346.59 million in the previous year[20] - The financial expenses for the third quarter of 2022 were CNY 123,861,041.20, down from CNY 191,329,612.58 in the same period of 2021[28] - The company’s research and development expenses for the third quarter of 2022 were CNY 153,426.35, significantly lower than CNY 923,399.55 in the same period of 2021[28] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 66,012[11] - The largest shareholder, Guangzhou Industrial Investment Holding Group Co., Ltd., holds 56.97% of the shares, totaling 2,019,111,863 shares[11] Strategic Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[19] - The company has not reported any significant new strategies or product developments during this quarter[14]