Financial Performance - The company's revenue for Q3 2022 was ¥618,720,425.20, representing a decrease of 4.62% compared to the same period last year[4]. - Net profit attributable to shareholders for Q3 2022 was ¥38,548,211.48, down 4.99% year-on-year[4]. - The net profit excluding non-recurring gains and losses was ¥37,217,752.47, an increase of 4.11% compared to the same period last year[4]. - The basic earnings per share for Q3 2022 was ¥0.0354, a decrease of 5.09% year-on-year[4]. - The weighted average return on equity was 1.98%, a decrease of 0.20 percentage points compared to the same period last year[4]. - Total operating revenue for the first three quarters of 2022 was CNY 1,749,762,704.81, a decrease of 0.88% compared to CNY 1,765,263,918.74 in the same period of 2021[24]. - Net profit for the first three quarters of 2022 was CNY 108,102,441.39, slightly down from CNY 111,906,867.85 in the same period of 2021, representing a decrease of 3.4%[26]. - The total comprehensive income for the first three quarters of 2022 was CNY 93,048,003.89, down from CNY 104,921,704.25 in 2021, reflecting a decrease of 11.3%[26]. Assets and Liabilities - The total assets at the end of the reporting period were ¥3,721,232,433.22, reflecting a 1.50% increase from the end of the previous year[4]. - As of September 30, 2022, total assets amounted to approximately $3.72 billion, an increase from $3.67 billion as of December 31, 2021[18]. - Current assets totaled approximately $2.45 billion, up from $2.40 billion year-over-year[18]. - Total liabilities decreased to approximately $1.60 billion from $1.60 billion, showing a marginal reduction[21]. - Shareholders' equity increased to approximately $2.12 billion from $2.07 billion, reflecting a growth of about 2.5%[21]. - The total equity attributable to shareholders was ¥1,942,480,808.13, an increase of 2.86% from the end of the previous year[6]. Cash Flow - The net cash flow from operating activities for the year-to-date period decreased by 63.11% due to reduced cash receipts from sales and increased cash outflows for raw material purchases[8]. - Cash flow from operating activities for the first three quarters of 2022 was CNY 18,741,954.54, a significant decrease from CNY 50,804,702.40 in 2021[30]. - Cash inflow from financing activities was $272.22 million, significantly higher than $119.60 million in the same period last year[33]. - Net cash flow from financing activities improved to $100.28 million, compared to a negative $32.26 million in the previous year[33]. - The company's cash and cash equivalents at the end of the period were $467.23 million, down from $383.60 million year-over-year[33]. - The net increase in cash and cash equivalents was -$46.53 million, an improvement from -$108.15 million in the previous year[33]. Expenses - Total operating costs for the first three quarters of 2022 were CNY 1,649,259,504.42, down from CNY 1,656,844,074.80 in 2021, reflecting a decrease of 0.45%[24]. - Research and development expenses increased to CNY 86,767,458.41 in 2022 from CNY 73,961,023.14 in 2021, marking a rise of 17.3%[24]. - The company reported a decrease in sales expenses to CNY 72,491,848.78 in 2022 from CNY 85,514,828.60 in 2021, a reduction of 15.2%[24]. - The company reported a decrease in tax expenses to CNY 18,858,195.56 in 2022 from CNY 24,734,601.73 in 2021, a reduction of 23.7%[26]. - The company’s financial expenses decreased significantly to CNY 4,448,905.65 in 2022 from CNY 12,812,247.13 in 2021, a decrease of 65.3%[24]. Shareholder Information - The company had a total of 31,001 common shareholders at the end of the reporting period[9]. - The company maintained goodwill at approximately $227.99 million, unchanged from the previous year[20]. - The company reported a significant decrease in employee compensation payable, down to approximately $26.69 million from $55.56 million[21].
百利电气(600468) - 2022 Q3 - 季度财报