CS&S(SH:600536)2022-10-30 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥1,970,848,842.16, representing a year-on-year increase of 12.07%[4] - The net profit attributable to shareholders of the listed company was -¥106,679,457.98 for Q3 2022, with a year-to-date net profit of -¥391,455,964.76[4] - The basic earnings per share for Q3 2022 was -¥0.22, and the diluted earnings per share was also -¥0.22[4] - Total operating revenue for Q3 2022 reached ¥5,582,329,585.47, an increase of 27.1% compared to ¥4,389,165,244.63 in the same period of 2021[18] - Total operating costs amounted to ¥6,352,975,146.73, up 23.2% from ¥5,156,846,560.52 year-on-year[18] - The net loss for Q3 2022 was ¥450,902,826.70, slightly improved from a net loss of ¥473,832,791.98 in Q3 2021[19] - The company reported a total comprehensive loss of ¥450,554,051.69 for Q3 2022, compared to a loss of ¥474,273,066.03 in the same quarter of the previous year[19] - Basic earnings per share for Q3 2022 were -¥0.79, compared to -¥0.92 in Q3 2021[20] Assets and Liabilities - Total assets at the end of Q3 2022 were ¥9,911,152,726.82, a decrease of 9.23% compared to the end of the previous year[4] - The equity attributable to shareholders of the listed company was ¥2,041,088,624.26, down 15.79% from the end of the previous year[4] - The company's total liabilities decreased to ¥7,054,395,900.03 from ¥7,606,705,740.27 in the previous year, reflecting a reduction of approximately 7.2%[17] - The total equity attributable to shareholders decreased to ¥2,041,088,624.26 from ¥2,423,845,664.08, a decline of about 15.7%[17] - As of September 30, 2022, the company's cash and cash equivalents decreased to ¥1,581,854,447.38 from ¥3,276,635,882.26 as of December 31, 2021, representing a decline of approximately 51.8%[15] - The company's inventory decreased to ¥2,194,284,383.14 from ¥2,576,429,840.13, a decline of approximately 14.8%[15] - Accounts receivable increased to ¥2,357,604,122.33, up from ¥2,094,388,230.78, reflecting a growth of about 12.6% year-over-year[15] Cash Flow - The company reported a net cash flow from operating activities of -¥2,003,745,787.76 year-to-date[4] - Operating cash flow for the first three quarters of 2022 was -2,003,745,787.76 CNY, compared to -1,855,210,153.17 CNY in the same period of 2021, indicating a decline in cash flow[21] - Total cash inflow from operating activities decreased to 5,813,379,561.94 CNY in 2022 from 6,803,569,652.68 CNY in 2021, a drop of approximately 14.5%[21] - Cash outflow from operating activities was 7,817,125,349.70 CNY in 2022, down from 8,658,779,805.85 CNY in 2021, reflecting a reduction of about 9.7%[21] - Investment activities generated a net cash flow of -632,277,178.99 CNY in 2022, compared to -263,034,706.60 CNY in 2021, indicating increased cash outflow[22] - Cash inflow from financing activities increased to 2,928,700,826.18 CNY in 2022, up from 2,700,480,014.69 CNY in 2021, representing an increase of approximately 8.5%[22] - The net cash flow from financing activities was 941,301,480.30 CNY in 2022, down from 1,360,233,555.94 CNY in 2021, showing a decrease of about 30.8%[22] - The ending cash and cash equivalents balance for 2022 was 1,540,285,941.58 CNY, compared to 1,737,162,679.02 CNY in 2021, reflecting a decrease of approximately 11.3%[22] Investments and Subsidiaries - The company plans to invest up to 389 million RMB in Easy Whale Technology, acquiring a maximum of 16.97 million RMB in registered capital[10] - The company has established a joint venture, Zhongzi Special Logistics, with a registered capital of 200 million RMB, in which the company holds a 25% stake[11] - The company has completed the first phase of capital raising for Zhongzi Special Logistics, with its contribution being 50 million RMB[11] - The company has invested 18 million RMB directly in Easy Whale Technology, with a total investment of 47.24 million RMB through its subsidiary[10] - The company has a total of 8,463,221 shares held by Hong Kong Central Clearing Limited, accounting for 1.28% of the total shares[9] - The company has a total of 3,706,700 shares held by Liu Kang, accounting for 0.56% of the total shares[9] - The company has a total of 3,440,390 shares held by the Basic Pension Insurance Fund, accounting for 0.52% of the total shares[9] - The company established a wholly-owned subsidiary in Shaoxing with a registered capital of ¥10,000,000[13] - The company acquired an 18% stake in the China Electric Innovation Institute for ¥2,034,000, increasing its total ownership to 37%[13] Research and Development - Research and development expenses for the first three quarters of 2022 were ¥1,427,739,230.86, nearly unchanged from ¥1,430,713,669.30 in the same period of 2021[18] Government Support - The company received government subsidies totaling ¥30,500,000 during the reporting period[14] Employee Compensation - The company reported a significant increase in employee compensation payments, totaling 2,420,645,991.21 CNY in 2022, compared to 1,974,448,660.32 CNY in 2021, an increase of about 22.6%[21] Accounting Standards - The company has not applied new accounting standards for the year 2022, as stated in the third quarter report[23] Future Outlook - Future outlook and strategic initiatives were not explicitly mentioned in the provided documents, suggesting a potential area for further inquiry in upcoming reports[19]