Hongdou Industrial(SH:600400)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥541,552,646.27, a decrease of 7.67% compared to the same period last year[7]. - The net profit attributable to shareholders was -¥5,411,893.58, with a year-to-date net profit of ¥46,284,280.63, reflecting a decline of 39.63% year-on-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥8,670,417.53 for the quarter, with a year-to-date figure of ¥36,830,441.44, down 48.65% year-on-year[7]. - The total revenue for the company in the first nine months of 2022 was RMB 148,416.22 million, representing a year-on-year increase of 5.14%[21]. - The gross profit margin for the company's overall operations was 36.04%, an increase of 2.47% compared to the previous year[21]. - The company's total revenue for the first three quarters of 2022 reached approximately ¥1.67 billion, up from ¥1.62 billion in the same period of 2021, indicating a growth of about 3.5%[36]. - Net profit for the third quarter of 2022 was approximately ¥48.04 million, down from ¥80.26 million in the same quarter of 2021, reflecting a decline of about 40%[39]. - The net profit attributable to the parent company shareholders for the current period is ¥46,284,280.63, compared to ¥76,668,469.09 in the same period last year, representing a decrease of approximately 39.7%[43]. - The total comprehensive income attributable to the parent company owners is -¥17,985,784.81, a significant decline from ¥47,260,316.23 in the previous year[43]. Cash Flow and Assets - The net cash flow from operating activities for the year-to-date period was -¥51,094,063.90, showing an increase of 75.06% compared to the previous year[9]. - The cash inflow from operating activities totaled ¥1,639,342,923.62, compared to ¥1,525,635,636.23 in the same period last year, indicating an increase of approximately 7.4%[46]. - Cash outflow from operating activities was ¥1,690,436,987.52, slightly down from ¥1,730,478,145.29 in the previous year[46]. - The net cash flow from investing activities is ¥121,325,507.53, compared to ¥101,254,087.34 in the same period last year, showing an increase of approximately 19.8%[47]. - The net cash flow from financing activities is -¥309,740,174.05, worsening from -¥237,451,337.68 in the previous year[47]. - The ending balance of cash and cash equivalents is ¥695,136,907.97, compared to ¥671,225,820.60 in the same period last year, reflecting an increase of approximately 3.6%[47]. - The total assets at the end of the reporting period were ¥4,677,117,642.20, a decrease of 4.40% from the end of the previous year[10]. - The total current assets increased to approximately ¥1.91 billion from ¥1.83 billion, representing a growth of about 4.9% year-over-year[34]. - The company's total liabilities as of September 30, 2022, were approximately ¥1.65 billion, slightly up from ¥1.64 billion at the end of 2021, showing a marginal increase of about 0.1%[36]. - The cash and cash equivalents decreased to approximately ¥846.26 million from ¥997.29 million, a decline of about 15.2%[34]. - The inventory level increased significantly to approximately ¥224.02 million from ¥113.74 million, representing a growth of about 96.9%[34]. - The company's equity attributable to shareholders decreased to approximately ¥2.97 billion from ¥3.14 billion, a decline of about 5.3%[36]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 27,698, with the largest shareholder holding 66.03% of the shares[14]. - The basic and diluted earnings per share for the year-to-date period were both ¥0.00, a decrease of 33.33% compared to the previous year[9]. - The basic and diluted earnings per share for the current period are both ¥0.02, down from ¥0.03 in the same period last year[45]. Business Operations - The company faced challenges due to the impact of COVID-19 in multiple regions, affecting its high-end transformation and advertising expenses, leading to a decrease in net profit[12]. - The company opened 13 new direct stores and 40 franchise stores, while closing 45 direct stores and 98 franchise stores, resulting in a total of 911 physical stores by the end of the reporting period[25]. - Online sales accounted for 24.57% of total revenue, with a gross profit margin of 47.36%, compared to 21.61% and 39.02% for the same period last year[24]. - The revenue from the HOdo men's clothing brand was RMB 107,954.66 million, with a gross profit margin of 42.49%[21]. - The revenue from the OEM clothing segment was RMB 40,461.56 million, showing a significant year-on-year increase of 35.81%[21]. - The company’s direct stores experienced a revenue decline of 17.90%, while franchise stores saw a decline of 36.72% in revenue compared to the previous year[21]. Investments and Donations - The company plans to increase its investment in Wuxi Puxin Supply Chain Management Co., Ltd. by RMB 9.5 million to enhance its financial strength[26]. - The company has renamed its wholly-owned subsidiary to Shanghai Hongdou E-commerce Co., Ltd. and adjusted its business scope to include various retail and wholesale activities[26]. - The company donated 500 down jackets valued at RMB 199,500 to support pandemic prevention efforts[26]. Research and Development - Research and development expenses for the third quarter of 2022 were approximately ¥15.43 million, significantly higher than ¥7.78 million in the same quarter of 2021, indicating an increase of about 98.5%[39].