LK(SH:600388)2022-10-17 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥2,588,937,043.88, a decrease of 22.97% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2022 was ¥254,328,085.68, down 12.03% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥229,843,615.36, a decrease of 7.92% compared to the previous year[5]. - The basic earnings per share for Q3 2022 was ¥0.23, reflecting a decline of 13.74% year-on-year[7]. - Total operating revenue for the first three quarters of 2022 was CNY 7,477,732,033.29, a decrease of 9.2% compared to CNY 8,236,735,615.44 in the same period of 2021[32]. - Total revenue for the first three quarters of 2022 was approximately CNY 4.71 billion, a decrease of 6.0% compared to CNY 5.01 billion in the same period of 2021[49]. - Net profit for the third quarter of 2022 was approximately ¥637.54 million, a decrease of 9% compared to ¥700.48 million in the same period of 2021[34]. - The company recorded a total profit of approximately ¥737.21 million for the third quarter, down from ¥814.60 million in the same period of 2021, reflecting a decline of about 9%[34]. - Net profit for the third quarter was CNY 701.43 million, a decline of 31.3% compared to CNY 1.02 billion in the same quarter of 2021[51]. Assets and Liabilities - The total assets at the end of Q3 2022 amounted to ¥26,976,603,019.13, showing a slight increase of 0.25% from the end of the previous year[9]. - The company's total assets reached CNY 26,976,603,019.13, a slight increase from CNY 26,909,559,947.41, reflecting a growth of 0.25%[30]. - Total liabilities decreased to CNY 19,618,679,431.70 from CNY 19,885,193,999.32, a reduction of 1.3%[30]. - The company reported a decrease in accounts payable to CNY 4,295,664,221.64 from CNY 4,542,855,374.08, a decline of 5.4%[28]. - Total liabilities decreased to CNY 16.13 billion, a reduction of 10.0% from CNY 17.90 billion in the previous year[49]. - The total equity increased to CNY 6.46 billion, up 7.1% from CNY 6.03 billion in the previous year[49]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥257,220,615.31, down 26.21% year-on-year[5]. - Cash flow from operating activities generated a net amount of approximately ¥257.22 million, a decrease of 26% from ¥348.61 million in the previous year[40]. - The company reported a cash outflow of CNY 3,367,540,056.51 related to other operating activities, significantly higher than CNY 1,183,953,359.15 in the previous year[56]. - The net cash flow from operating activities was CNY 35,991,120.66, a significant improvement compared to a net outflow of CNY -434,553,444.43 in the first three quarters of 2021[56]. - Cash inflow from investment activities reached CNY 3,525,845,209.18, compared to CNY 2,700,156,465.91 in the previous year, marking an increase of approximately 30.6%[56]. - The net cash flow from investment activities was CNY 424,721,334.18, a recovery from a net outflow of CNY -1,495,739,384.08 in the same period of 2021[56]. - Cash inflow from financing activities was CNY 1,415,900,000.00, down from CNY 2,303,524,600.00 in the previous year, reflecting a decrease of approximately 38.5%[56]. - The net cash flow from financing activities showed a deficit of CNY -652,187,213.28, contrasting with a positive net flow of CNY 1,093,435,392.38 in the first three quarters of 2021[56]. Investments and Projects - The company signed an investment contract with the government of Shanghang County, Longyan City, to build a 5GWh lithium iron phosphate energy storage cell project with a total investment of approximately 2 billion RMB[18]. - The company established a joint venture with Liangdao (Xiamen) New Energy Technology Co., Ltd. to create Fujian Longjing Liangdao Energy Storage Technology Co., Ltd., with a registered capital of 100 million RMB, where Liangdao holds 51% and the company's subsidiary holds 49%[19]. - The company plans to invest in a 6GWh lithium battery energy storage system, with the first phase targeting an annual production capacity of 1GWh[19]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 1,069,096,836, with the top ten shareholders holding significant stakes[13].