汉马科技(600375) - 2022 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2022 was ¥534,235,182.71, a decrease of 7.98% compared to the same period last year, and a significant decline of 46.92% year-to-date, totaling ¥2,346,343,324.26[4] - The net profit attributable to shareholders for Q3 2022 was -¥278,224,439.96, with a year-to-date loss of -¥1,098,295,897.67, indicating a substantial increase in losses due to decreased product sales and lower gross margins[4] - The basic and diluted earnings per share for Q3 2022 were both -¥0.43, reflecting a decrease in profitability attributable to the decline in net profit[5] - The weighted average return on equity for Q3 2022 was -33.56%, and -99.46% year-to-date, highlighting a significant deterioration in financial performance[5] - Total operating revenue for the first three quarters of 2022 was ¥2,346,343,324.26, a decrease of 46.9% compared to ¥4,420,141,671.40 in the same period of 2021[19] - Net loss for the first three quarters of 2022 was ¥1,133,318,484.40, compared to a net loss of ¥751,084,106.70 in the same period of 2021, representing an increase in loss of 50.9%[20] - The total comprehensive loss for the first three quarters of 2022 was ¥1,134,628,041.73, compared to a loss of ¥757,066,783.32 in the same period of 2021, indicating a 49.8% increase in comprehensive loss[20] Assets and Liabilities - Total assets at the end of Q3 2022 were ¥9,747,859,822.61, down 15.53% from the end of the previous year[5] - The company's total liabilities decreased to ¥9,132,063,189.62 from ¥9,830,650,678.68, a reduction of 7.1% year-over-year[16] - The equity attributable to shareholders decreased by 66.56% year-on-year, amounting to ¥553,194,790.13, primarily due to reduced sales and profitability[5] - The total equity attributable to shareholders decreased to ¥553,194,790.13 from ¥1,654,456,004.40, a decline of 66.6%[16] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥1,114,041,594.98, indicating a cash outflow primarily due to decreased cash receipts from sales[5] - In the first three quarters of 2022, the cash inflow from operating activities was CNY 1,439,066,622.85, a decrease of 58.2% compared to CNY 3,441,005,478.41 in the same period of 2021[21] - The net cash flow from operating activities was negative at CNY -1,114,041,594.98, contrasting with a positive cash flow of CNY 205,549,805.67 in the previous year[21] - The total cash inflow from investment activities was CNY 43,128,089.69, down from CNY 48,917,469.62 year-on-year[22] - The net cash flow from investment activities was CNY -43,840,072.47, an improvement from CNY -168,013,728.72 in the same period last year[22] - The cash inflow from financing activities totaled CNY 3,866,832,873.16, an increase of 20.7% compared to CNY 3,201,916,330.08 in 2021[22] - The net cash flow from financing activities was CNY 1,166,388,097.09, significantly higher than CNY 270,506,142.29 in the previous year[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 31,580, with the largest shareholder holding 28.01% of the shares[9] - The company’s controlling shareholder changed its name from "Zhejiang Geely New Energy Commercial Vehicle Group Co., Ltd." to "Zhejiang Geely Long-Distance New Energy Commercial Vehicle Group Co., Ltd." without affecting shareholding structure[12] Operational Challenges - The company experienced a significant decline in product sales, which was the main reason for the reduced revenue and increased losses[6] - The company announced the bankruptcy liquidation of its subsidiary, which will no longer be included in the consolidated financial statements[11] Other Financial Metrics - Total operating costs for the first three quarters of 2022 were ¥3,035,982,386.61, down 35.7% from ¥4,716,075,609.69 in the previous year[19] - Financial expenses increased to ¥106,752,426.63, up 139.5% from ¥44,677,470.75 in the previous year[19] - Research and development expenses were ¥107,197,585.09, a decrease of 19.9% compared to ¥133,880,642.83 in the same period of 2021[19] - The company reported an investment income of ¥124,015,564.48, significantly higher than ¥620,955.29 in the previous year[19] Asset Composition - The company's current assets totaled approximately RMB 5.06 billion, down from RMB 5.78 billion, indicating a decrease of around 12.5%[15] - The company's cash and cash equivalents were reported at approximately RMB 1.70 billion, down from RMB 1.85 billion, representing a decline of about 8.1%[13] - Short-term borrowings increased significantly to approximately RMB 2.07 billion, up from RMB 1.38 billion, marking an increase of about 50%[15] - Accounts receivable decreased to approximately RMB 1.78 billion from RMB 2.25 billion, a reduction of about 20.8%[13] - The company reported inventory of approximately RMB 1.16 billion, which is a decrease from RMB 1.36 billion, reflecting a decline of about 15%[15] - The company’s long-term equity investments were valued at approximately RMB 2.26 million, slightly down from RMB 2.40 million, indicating a decrease of about 5.9%[15]