FOTON(SH:600166)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥12,317,476,245.30, a decrease of 3.90% year-on-year, and for the year-to-date, it was ¥35,492,982,321.26, down 20.68% compared to the same period last year[4]. - The net profit attributable to shareholders for Q3 2022 was ¥22,850,746.82, while the year-to-date net profit was ¥240,835,766.57, reflecting a year-on-year decrease of 17.75%[4]. - The basic earnings per share for Q3 2022 was ¥0.003, a decrease of 20.00% year-on-year, while the year-to-date figure was ¥0.036[5]. - The total profit for Q3 2022 was approximately ¥268.61 million, a decrease from ¥282.90 million in Q3 2021, representing a decline of about 5%[20]. - The net profit for Q3 2022 was approximately ¥218.43 million, down from ¥283.82 million in Q3 2021, indicating a decrease of around 23%[20]. - The total comprehensive income for Q3 2022 was approximately ¥252.63 million, slightly down from ¥266.63 million in Q3 2021, showing a decrease of about 5%[21]. Assets and Liabilities - The total assets at the end of Q3 2022 were ¥50,610,215,209.60, an increase of 3.64% compared to the end of the previous year[5]. - The total liabilities amounted to ¥36,786,517,714.39, down from ¥38,352,609,404.71 in the previous year[16]. - Non-current assets totaled ¥26,103,070,105.22, a decrease from ¥27,192,048,576.93 in the previous year[16]. - The company's total assets increased to ¥50,610,215,209.60 from ¥48,830,538,262.46 year-over-year[16]. - Long-term borrowings rose to ¥4,822,422,319.71, compared to ¥3,395,795,733.99 in the previous year, reflecting an increase of 42.0%[16]. Shareholder Information - Total number of common shareholders at the end of the reporting period was 197,875, with the largest shareholder, Beijing Automotive Group Co., Ltd., holding 3,233,860,000 shares, representing 40.4% of the total shares[10]. - The company completed a non-public offering of 1,428,571,428 shares at a price of 2.10 RMB per share, increasing total share capital from 6,575,192,047 RMB to 8,003,763,475 RMB[12]. - The first shareholder, Beijing Automotive Group Co., Ltd., holds 100% of the second largest shareholder, Beijing State-owned Capital Operation Management Co., Ltd.[11]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥280,230,991.47, a decrease of 34.99% compared to the same period last year[5]. - The net cash flow from operating activities for Q3 2022 was approximately ¥280.23 million, compared to ¥431.03 million in Q3 2021, reflecting a decline of about 35%[23]. - Cash inflow from operating activities for the first three quarters of 2022 was approximately ¥27.56 billion, down from ¥30.11 billion in the same period of 2021, a decrease of about 8%[22]. - Cash outflow from operating activities for the first three quarters of 2022 was approximately ¥27.28 billion, compared to ¥29.68 billion in the same period of 2021, indicating a decrease of around 8%[23]. - The net cash flow from investment activities for Q3 2022 was approximately -¥63.25 million, a significant decline from ¥1.43 billion in Q3 2021[23]. - The net cash flow from financing activities for Q3 2022 was approximately ¥1.74 billion, compared to a negative cash flow of approximately -¥1.67 billion in Q3 2021[23]. - The cash and cash equivalents at the end of Q3 2022 amounted to approximately ¥7.05 billion, an increase from ¥4.18 billion at the end of Q3 2021[23]. Operational Metrics - The company experienced a 33.09% decrease in sales volume year-to-date, which was less than the industry average decline of 34.2%[9]. - Research and development expenses for the third quarter of 2022 were ¥1,184,528,793.23, slightly down from ¥1,280,319,467.00 in the same period of 2021[19]. - The company reported a net loss of ¥5,790,095,604.26 in retained earnings, an improvement from a loss of ¥6,030,931,370.83 in the previous year[16]. - The company reported non-recurring gains of ¥103,044,205.49 for Q3 2022, with government subsidies contributing ¥45,192,579.74 to this total[6][8]. Equity - The equity attributable to shareholders at the end of Q3 2022 was ¥13,786,029,090.92, reflecting a significant increase of 31.63% year-on-year[5]. - The total equity attributable to shareholders increased to ¥13,786,029,090.92 from ¥10,472,933,489.38 year-over-year[16].