FFEC(SH:600203)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was CNY 3,978,354,231.77, a decrease of 24.79% compared to the same period last year[5]. - The net profit attributable to shareholders was a loss of CNY 68,397,039.68, with a year-to-date loss of CNY 25,429,237.25[5]. - Basic and diluted earnings per share were both CNY -0.115, reflecting a significant decline[6]. - Total operating revenue for the first three quarters of 2022 was CNY 12,539,420,194.01, a decrease of 2.0% compared to CNY 12,795,541,598.10 in the same period of 2021[21]. - The company reported a net operating loss of CNY 26,248,840.02 for the first three quarters of 2022, an improvement from a loss of CNY 130,673,940.33 in the same period of 2021[21]. - The total comprehensive loss of -$34,622,477.17, compared to -$124,892,829.41, mainly due to improved operating income and gross margin[11]. - The net profit for the period was -$46,267,114.68, compared to -$124,343,392.70, reflecting improved operating income and gross margin[10]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 10,195,601,703.55, down 16.84% from the previous year-end[6]. - The company's equity attributable to shareholders decreased by 8.32% to CNY 2,668,018,700.31 compared to the previous year-end[6]. - Total liabilities decreased to CNY 7,482,564,840.83, down 14.7% from CNY 8,772,013,642.28 at the end of 2021[19]. - The company's total equity as of September 30, 2022, was CNY 2,713,036,862.72, a decrease of 22.2% from CNY 3,487,622,355.48 at the end of 2021[19]. Cash Flow - Cash flow from operating activities showed a negative net amount of CNY -730,603,274.00 for the year-to-date[6]. - Cash received from operating activities rose by 130.42% to $897,998,822.28 from $389,723,699.05, primarily due to increased guarantee deposits recovered[11]. - The net cash flow from operating activities for Q3 2022 was -CNY 730.60 million, compared to -CNY 292.37 million in Q3 2021, indicating a worsening cash flow situation[26]. - The cash inflow from financing activities increased by 82.60% to ¥3,661,293,268.30, driven by an increase in cash received from borrowings[12]. - The net cash flow from financing activities improved to 350,124,163.63 in 2022, compared to -58,390,530.32 in 2021, indicating a positive shift in financing strategy[34]. Investments and Expenses - Research and development expenses increased to CNY 195,199,260.69, up from CNY 159,500,000.72 in the same period last year, reflecting a growth of 22.4%[21]. - Investment income rose significantly by 366.61% to $106,363,387.44 from $22,795,008.71, primarily due to investment gains recognized from the Funuo Fund[10]. - The company reported investment income of CNY 64,775,321.09 for the first three quarters of 2022, compared to CNY 102,087,599.47 in the same period of 2021, a decrease of 36.5%[30]. - The cash outflow for purchasing goods and services was 42,196,279.43 in 2022, up from 34,702,556.88 in 2021, indicating increased operational costs[33]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 28,603[14]. - The largest shareholder, Fujian Furi Group Co., Ltd., holds 15.89% of the shares, totaling 94,234,189 shares[15]. Future Outlook - The company plans to continue focusing on R&D and market expansion strategies to improve future performance[21]. - The company did not report any significant new strategies or product developments during this period[16].