DATANG TELECOM(SH:600198)2022-10-27 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥201,712,838.12, a decrease of 14.13% compared to ¥181,525,300.03 in the same period last year[9]. - The net profit attributable to shareholders was -¥42,077,701.49, compared to -¥35,919,169.31 in the previous year, indicating a worsening performance[9]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥43,936,731.85, compared to -¥37,675,033.79 in the same period last year[9]. - The basic earnings per share for the reporting period was -¥0.0320, compared to -¥0.0407 in the same period last year[9]. - The diluted earnings per share for the reporting period was also -¥0.0320, consistent with the basic earnings per share[9]. - The total comprehensive income attributable to the parent company was -60,754,066.03 RMB, a decrease from -94,447,002.97 RMB in the same period last year[41]. - Basic and diluted earnings per share were both -0.0471 RMB, compared to -0.0841 RMB in the same period last year[41]. Assets and Liabilities - The total assets at the end of the reporting period were ¥3,613,814,450.29, a decrease of 20.76% from ¥4,560,308,765.21 at the end of the previous year[12]. - Total assets amounted to CNY 3,613,814,450.29, down from CNY 4,560,308,765.21, indicating a decrease of around 20.8%[30]. - Non-current assets totaled CNY 1,467,135,603.58, a decline from CNY 1,537,461,709.47, representing a decrease of about 4.5%[30]. - The total liabilities decreased to approximately $1.77 billion in Q3 2022 from $2.85 billion in the previous year, reflecting a reduction of about 37.8%[36]. - The total equity increased to approximately $1.84 billion in Q3 2022, up from $1.71 billion in the same period of 2021, representing a growth of about 7.5%[36]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥133,621,310.80, compared to -¥31,702,503.10 in the same period last year[9]. - The net cash flow from operating activities was -133,621,310.80 RMB, compared to -242,655,081.08 RMB in the previous year[44]. - Cash inflow from operating activities totaled 698,316,280.67 RMB, down from 832,257,328.69 RMB year-over-year[41]. - Cash outflow from operating activities was 831,937,591.47 RMB, a decrease from 1,074,912,409.77 RMB in the previous year[44]. - The net cash flow from investing activities was -139,771,602.43 RMB, compared to -16,249,202.53 RMB in the same period last year[44]. - The net cash flow from financing activities was -346,932,578.78 RMB, a significant drop from 24,799,672.48 RMB in the previous year[46]. - The ending balance of cash and cash equivalents was 602,597,165.95 RMB, down from 1,223,015,128.80 RMB at the beginning of the period[46]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 70,382[20]. Operational Insights - The company reported non-recurring gains of ¥1,859,030.36 for the reporting period, with a total of ¥82,583,523.38 for the year-to-date[19]. - The company has not disclosed any new product developments or market expansion strategies during this reporting period[28]. - The company plans to continue focusing on cost reduction strategies and enhancing operational efficiency in the upcoming quarters[36]. - Future outlook includes potential market expansion and new product development initiatives to drive revenue growth[36]. Cost Management - Total operating costs for Q3 2022 were approximately $609.67 million, down 25.8% from $821.92 million year-over-year[36]. - The company reported a significant reduction in research and development expenses, totaling approximately $135.31 million in Q3 2022, down 10.6% from $151.44 million in the same period last year[36].