Hengtong(SH:600226)2022-10-27 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥117,485,868.72, a decrease of 26.96% compared to the same period last year[6]. - The net profit attributable to shareholders for Q3 2022 was ¥149,010,880.35, down 44.59% year-on-year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥36,224,953.11, a decrease of 18.15% compared to the same period last year[6]. - The basic earnings per share for Q3 2022 was ¥0.05, a decline of 44.44% year-on-year[8]. - The diluted earnings per share for Q3 2022 was also ¥0.05, reflecting a 44.44% decrease compared to the previous year[8]. - The weighted average return on equity was 4.82%, a decrease of 3.70 percentage points from the previous year[8]. - Total operating revenue for the first three quarters of 2022 was RMB 429,776,695.62, a decrease of 12% compared to RMB 488,512,672.79 in the same period of 2021[31]. - The total profit for the current period is CNY 586,100,004.65, compared to CNY 453,270,916.85 in the previous period, indicating an increase of about 29.3%[34]. - The operating profit for the current period is CNY 586,852,374.78, up from CNY 462,867,459.03, reflecting a growth of approximately 26.8%[34]. - The basic earnings per share for the current period is CNY 0.18, compared to CNY 0.14 in the previous period, marking a 28.6% increase[36]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,327,585,381.95, an increase of 13.00% from the end of the previous year[8]. - Total assets as of September 30, 2022, were RMB 3,327,585,381.95, an increase from RMB 2,944,798,906.16 at the end of 2021[29]. - Total liabilities decreased to RMB 168,928,614.22 in Q3 2022 from RMB 288,635,135.06 in Q3 2021, indicating improved financial health[27]. - The total equity attributable to shareholders increased to RMB 3,158,656,767.73 as of September 30, 2022, from RMB 2,659,499,359.78 at the end of 2021, indicating growth in shareholder value[29]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥34,216,431.31, a decrease of 133.49% compared to the same period last year[8]. - The cash flow from operating activities for the current period is negative at CNY -34,216,431.31, a decline from CNY 102,178,130.34 in the previous period[39]. - The cash flow from investing activities shows a net inflow of CNY 429,061,638.58, compared to CNY 679,087,577.86 in the previous period, indicating a decrease of about 36.8%[39]. - The cash and cash equivalents at the end of the period amount to CNY 676,012,095.63, compared to CNY 335,200,906.36 at the end of the previous period, showing a significant increase of about 101.9%[41]. - The company's cash and cash equivalents increased to RMB 680,332,483.19 as of September 30, 2022, compared to RMB 352,996,211.31 at the end of 2021, reflecting better liquidity[20]. Cost Management - Total operating costs for the first three quarters of 2022 were RMB 447,745,546.18, down from RMB 499,050,724.03 in 2021, reflecting a cost reduction strategy[31]. - Research and development expenses decreased to RMB 9,263,286.21 in 2022 from RMB 16,864,222.85 in 2021, indicating a focus on cost management[31]. Non-Recurring Items - Non-recurring gains and losses totaled ¥112,785,927.24 for Q3 2022, primarily from the disposal of long-term equity investments[9]. - The company reported a fair value change loss of CNY -20,752,626.98 during the current period[34]. - The company recorded a tax expense of CNY 39,543,835.52 for the current period, compared to CNY 7,068,621.93 in the previous period, indicating a substantial increase in tax obligations[34]. Efficiency Metrics - The company’s accounts receivable decreased to RMB 56,298,697.14 in Q3 2022 from RMB 59,742,247.28 in Q3 2021, suggesting improved collection efficiency[20]. - The company’s inventory decreased to RMB 64,021,227.37 in Q3 2022 from RMB 80,444,934.98 in Q3 2021, indicating better inventory management[24].