HDAA(SH:600316)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥717,511,574.69, a decrease of 55.50% compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2022 was ¥2,209,116.78, down 76.38% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2022 was ¥1,432,570.64, a decline of 82.20% compared to the previous year[5] - The basic earnings per share for Q3 2022 was ¥0.0031, reflecting a decrease of 76.15% year-on-year[5] - Total operating revenue for the first three quarters of 2022 was CNY 2,736,869,592.99, a decrease from CNY 4,303,480,999.11 in the same period of 2021, representing a decline of approximately 36.4%[30] - Net profit for the third quarter of 2022 was CNY 16,067,272.76, significantly lower than CNY 67,949,179.18 in the same quarter of 2021, reflecting a decrease of approximately 76.4%[30] - The net profit attributable to shareholders of the parent company for the third quarter of 2022 was CNY 15,712,923.84, compared to CNY 67,136,975.14 in the previous year, a decline of around 76.7%[32] - The total comprehensive income for the third quarter of 2022 was CNY 15,468,811.56, down from CNY 67,853,788.78 in the same quarter of 2021, reflecting a decrease of approximately 77.2%[32] - Basic earnings per share for the third quarter of 2022 were CNY 0.0219, compared to CNY 0.0936 in the same period of 2021, a decline of about 76.6%[32] Assets and Liabilities - The total assets as of the end of the reporting period were ¥17,177,175,643.88, a decrease of 4.04% from the end of the previous year[7] - The company's current assets totaled CNY 15,255,674,799.36, down from CNY 15,929,045,682.34, indicating a decrease of about 4.22% year-over-year[21] - The total liabilities decreased to CNY 11,904,398,037.53 from CNY 12,603,796,996.31, a reduction of about 5.54%[24] - The total liabilities as of the end of the reporting period were CNY 11,956,620,102.52, down from CNY 12,659,803,261.11, a decrease of approximately 5.5%[30] - The total owner's equity decreased from CNY 5,239,487,170.10 to CNY 5,217,647,397.53, a decline of approximately 0.4%[45] Cash Flow - The company reported a net cash flow from operating activities of -¥582,048,636.22 for the year-to-date, indicating a significant cash outflow[5] - Operating cash flow for the first three quarters of 2022 was negative at -582,048,636.22 RMB, a significant decline from 15,421,682.98 RMB in the same period of 2021[37] - Total cash inflow from operating activities decreased to 3,865,432,365.83 RMB, down from 10,899,119,559.86 RMB year-over-year[37] - Cash outflow from operating activities was 4,447,481,002.05 RMB, compared to 10,883,697,876.88 RMB in the previous year, indicating a reduction in cash outflow[37] - The company's cash and cash equivalents dropped significantly to CNY 173,511,476.44 from CNY 898,846,079.31, a decline of approximately 80.69%[21] - Cash received from sales of goods and services in the first three quarters of 2022 was CNY 3,828,416,882.74, a significant decrease from CNY 10,668,363,782.21 in the same period of 2021[53] Expenses - Total operating costs for the first three quarters of 2022 were CNY 2,725,596,152.11, down from CNY 4,290,807,599.48 in 2021, indicating a reduction of about 36.5%[30] - Research and development expenses for the third quarter of 2022 were CNY 29,715,124.45, down from CNY 36,627,098.61 in the same period of 2021, indicating a reduction of approximately 18.9%[30] - Research and development expenses for the first three quarters of 2022 were CNY 29,715,124.45, a decrease of 12.9% from CNY 33,929,177.87 in the same period of 2021[51] - The company's sales expenses increased to CNY 7,724,299.71 in the third quarter of 2022, up from CNY 5,858,243.96 in the same quarter of 2021, indicating a rise of 31.8%[51] Government Support - The company received government subsidies amounting to ¥516,758.70 during the reporting period, with a total of ¥1,550,276.10 for the year-to-date[8] Inventory and Receivables - Accounts receivable increased to CNY 3,313,101,723.66 from CNY 2,869,889,036.67, representing a growth of approximately 15.43%[21] - Inventory surged to CNY 5,567,100,143.12, compared to CNY 3,003,261,526.43, marking an increase of around 85.06%[21] - Inventory increased significantly to 5,568,532,629.52 RMB, up from 3,004,438,278.14 RMB in the previous year[43] - Accounts receivable rose to 3,312,164,549.94 RMB, compared to 2,867,219,051.95 RMB in the same period last year[43] Financial Position - The company's short-term borrowings and other financial liabilities were not disclosed in the provided data, indicating a potential area for further investigation[24] - The company reported a significant reduction in employee compensation liabilities, decreasing from CNY 128,993,252.80 to CNY 61,612,545.53, a decline of approximately 52.16%[24] - The deferred income decreased from CNY 41,882,706.45 to CNY 41,105,666.97, reflecting a reduction of approximately 1.9%[45] - The company's financial expenses showed an improvement, with a net financial expense of -CNY 6,555,026.16 in the third quarter of 2022, compared to -CNY 8,623,269.15 in the same quarter of 2021[51]