BUCID(SH:600266)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥1,350,019,088.87, a decrease of 31.27% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2022 was -¥457,909,074.82, representing an increase of 584.01% in losses year-over-year[5]. - The basic earnings per share for Q3 2022 was -¥0.2491, a decline of 317.95% compared to the same period last year[5]. - The net profit attributable to shareholders for the first nine months of 2022 was -¥786,796,740.25, with a decrease of 242.51% compared to the same period last year[9]. - Total operating revenue for the first three quarters of 2022 was CNY 9,746,535,951.70, a decrease of 23.4% compared to CNY 12,727,421,640.52 in the same period of 2021[33]. - Net profit for the third quarter of 2022 was CNY -776,353,760.71, compared to a net profit of CNY 524,517,390.00 in the same quarter of 2021, indicating a significant decline[36]. - The total comprehensive income attributable to the parent company was -¥786,799,478.88, compared to ¥552,096,188.31 in the previous year[38]. - Basic and diluted earnings per share were both -¥0.4637, down from ¥0.1821 in the same period last year[38]. Assets and Liabilities - The total assets at the end of Q3 2022 amounted to ¥148,655,765,205.10, reflecting a growth of 6.72% from the end of the previous year[7]. - The total assets of the company as of September 30, 2022, are ¥148,655,765,205.10, compared to ¥139,294,718,935.32 at the end of 2021, reflecting a growth of approximately 11.3%[27]. - The total liabilities increased to CNY 120,975,938,541.82 in 2022 from CNY 110,677,301,955.23 in 2021, representing a growth of 9.8%[30]. - The total equity attributable to shareholders decreased to CNY 24,469,003,099.35 in 2022 from CNY 25,606,696,394.41 in 2021, a decline of 4.4%[32]. - The company's total liabilities include accounts payable of ¥10,392,647,457.16, which is slightly up from ¥10,364,602,205.30 in the previous period[27]. - The company's long-term equity investments decreased to ¥2,524,701,554.50 from ¥3,328,631,555.78[27]. - The company's inventory as of September 30, 2022, is valued at ¥98,490,329,335.70, an increase from ¥91,300,982,101.79 at the end of 2021[27]. - The total amount of other receivables has decreased to ¥4,507,330,329.89 from ¥6,746,092,704.41 in the previous year[27]. - The company reported a financial asset impairment loss of CNY -8,666,314.18 in the third quarter of 2022, compared to no impairment loss in the same quarter of 2021[36]. - The company’s deferred income tax liabilities decreased to CNY 1,747,696,970.53 in 2022 from CNY 1,980,721,890.47 in 2021, a reduction of 11.7%[30]. - The company’s total non-current liabilities increased to CNY 56,323,175,997.76 in 2022 from CNY 52,503,129,804.78 in 2021, an increase of 7.0%[30]. Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥15,663,971,242.84, showing significant improvement compared to the previous year[5]. - Cash inflow from operating activities totaled ¥40,754,923,942.12, an increase of 50.5% from ¥27,078,926,279.92 in the previous year[39]. - The net cash flow from operating activities was ¥15,663,971,242.84, a significant improvement from -¥271,381,498.01 in the same period last year[41]. - Cash outflow from investing activities was ¥116,974,975.32, down from ¥232,868,239.45 in the previous year, resulting in a net cash flow from investing activities of ¥131,895,851.79[41]. - Cash inflow from financing activities was ¥13,407,136,753.30, compared to ¥17,342,212,653.65 in the previous year[41]. - The net cash flow from financing activities was -¥9,487,924,031.24, a decline from a positive cash flow of ¥1,934,095,449.02 in the same period last year[41]. - The ending balance of cash and cash equivalents was ¥20,306,107,052.90, up from ¥12,060,263,185.14 in the previous year[41]. - The company received cash from sales of goods and services amounting to ¥25,404,968,394.28, compared to ¥18,564,716,205.05 in the previous year[39]. - The company reported a significant increase in tax refunds received, totaling ¥598,129,245.03, compared to ¥172,458,943.79 in the previous year[39]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 53,691, with the largest shareholder, Beijing Urban Construction Group Co., Ltd., holding 944,663,261 shares, accounting for 41.86%[18]. - The company has a total of 944,663,261 shares held by its largest shareholder, indicating a strong control over the company[18]. Strategic Developments - The company has not disclosed any significant new strategies or product developments during this reporting period[23]. Operational Costs - Total operating costs for the first three quarters of 2022 were CNY 8,872,244,136.31, down from CNY 11,993,768,022.23, reflecting a reduction of 26.5%[33]. - The decline in profits was primarily attributed to a drop in the stock prices of financial assets and a significant decrease in investment income from associated companies[12]. - The company experienced a substantial increase in cash received from sales of goods and services, contributing to improved cash flow[12]. - The company reported non-recurring losses of -¥201,309,762.67 for Q3 2022, which included significant losses from financial assets[12]. - The company's investment income showed a significant loss of CNY -625,297,286.97 in the first three quarters of 2022, contrasting with a gain of CNY 529,129,473.07 in the same period of 2021[33].