WSBE(SH:600421)2022-10-25 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥39,614,015.21, representing a year-on-year increase of 17.08%[5] - The net profit attributable to shareholders was -¥669,647.14, with a year-to-date loss of -¥5,135,709.31[5] - The basic and diluted earnings per share for the quarter were both -¥0.003, with a year-to-date figure of -¥0.026[5] - The company reported a significant decrease in accounts receivable notes by 67.63% due to reclassification to accounts receivable financing[7] - The company reported a net loss of CNY 5,468,196.13 for the first three quarters of 2022, compared to a net loss of CNY 5,369,450.72 in the same period of 2021[15] - The net profit for Q3 2022 was -5,226,734.44 RMB, compared to -4,423,036.80 RMB in Q3 2021, indicating a decline in profitability[16] - The total comprehensive income attributable to the parent company for Q3 2022 was -5,135,709.31 RMB, slightly improved from -5,126,604.72 RMB in Q3 2021[16] Assets and Liabilities - Total assets at the end of the reporting period were ¥122,128,843.79, showing a slight increase of 0.92% compared to the end of the previous year[6] - Total assets as of September 30, 2022, were CNY 122,128,843.79, slightly up from CNY 121,014,776.97 at the end of 2021[13] - Total liabilities increased to CNY 75,057,229.23 as of September 30, 2022, compared to CNY 68,738,210.26 at the end of 2021, an increase of 9.6%[13] - The company’s total equity decreased to CNY 47,071,614.56 as of September 30, 2022, down from CNY 52,276,566.71 at the end of 2021, a decline of 10.0%[13] Cash Flow - The company reported a net cash flow from operating activities of -¥18,518,432.72 year-to-date[5] - The total cash inflow from operating activities for the first three quarters of 2022 was 67,363,202.07 RMB, down from 84,229,831.74 RMB in the same period of 2021, representing a decrease of approximately 20%[18] - The net cash flow from operating activities for Q3 2022 was -18,518,432.72 RMB, worsening from -15,247,644.00 RMB in Q3 2021[18] - Cash and cash equivalents at the end of Q3 2022 stood at 10,170,696.99 RMB, down from 12,613,880.81 RMB at the end of Q3 2021, reflecting a decrease of about 19%[19] - The company’s total cash outflow from operating activities was 85,881,634.79 RMB in Q3 2022, down from 99,477,475.74 RMB in Q3 2021, indicating improved cash management despite ongoing losses[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 6,087[10] - The largest shareholder, Zhejiang Hengshun Investment Co., Ltd., held 19.50% of the shares, totaling 38,136,775 shares[10] Operating Costs and Expenses - Total operating revenue for the first three quarters of 2022 was CNY 79,119,688, a decrease of 15.6% compared to CNY 93,734,843.69 in the same period of 2021[15] - Total operating costs for the first three quarters of 2022 were CNY 85,044,147.82, down from CNY 96,591,717.44 in 2021, reflecting a reduction of 12.0%[15] - Research and development expenses for the first three quarters of 2022 were CNY 4,001,577.85, compared to CNY 4,516,314.59 in the same period of 2021, a decrease of 11.4%[15] Financing Activities - Cash inflow from financing activities for the first three quarters of 2022 was 23,500,000.00 RMB, significantly higher than 6,000,000.00 RMB in the same period of 2021[19] - The company incurred cash outflows of 10,251,729.79 RMB from financing activities in Q3 2022, compared to 7,626,806.88 RMB in Q3 2021[19] - The company received 18,500,000.00 RMB from other financing activities in Q3 2022, a significant increase from 1,000,000.00 RMB in Q3 2021[19] Credit and Impairment - The company reported a credit impairment loss of CNY -913,317.82 for the first three quarters of 2022, an improvement compared to CNY -2,887,371.85 in the same period of 2021[15]