ATLANTIC(SH:600558)2022-10-27 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥801,567,364.41, a decrease of 10.90% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2022 was ¥10,882,736.43, down 59.61% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥9,368,542.01, a decrease of 48.53% compared to the previous year[5]. - The basic earnings per share for Q3 2022 was ¥0.0121, reflecting a decline of 59.67% year-on-year[5]. - Total operating revenue for the first three quarters of 2022 was CNY 2,521,012,808.56, a decrease of 7.36% compared to CNY 2,721,176,109.12 in the same period of 2021[17]. - Net profit for the first three quarters of 2022 was CNY 55,351,512.91, down 43.93% from CNY 98,753,471.81 in the previous year[18]. - The company reported a total comprehensive income of CNY 55,316,805.21 for the first three quarters of 2022, compared to CNY 98,917,782.99 in the previous year[18]. Assets and Liabilities - The total assets at the end of the reporting period were ¥3,091,586,451.90, a decrease of 1.95% from the end of the previous year[6]. - Total assets as of September 30, 2022, were CNY 3,091,586,451.90, a decrease from CNY 3,153,022,789.59 at the end of 2021[14]. - Total liabilities decreased to CNY 746,419,884.13 from CNY 830,182,220.56 at the end of 2021, reflecting a reduction of 10.09%[14]. - The company’s total non-current assets as of September 30, 2022, were CNY 1,434,560,365.36, down from CNY 1,488,225,180.86 at the end of 2021[14]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥66,560,563.78, an increase of 232.93%[5]. - In the first three quarters of 2022, the net cash flow from operating activities was approximately $66.56 million, a significant increase from $19.99 million in the same period of 2021, representing a growth of over 233%[21]. - Total cash inflow from operating activities decreased to approximately $2.07 billion in 2022 from $2.24 billion in 2021, reflecting a decline of about 8%[21]. - Cash outflow from operating activities also decreased to approximately $1.99 billion in 2022 from $2.22 billion in 2021, a reduction of around 10%[21]. - The net cash flow from investing activities was negative at approximately -$27.35 million in 2022, compared to a positive cash flow of $3.27 million in 2021[21]. - Cash inflow from financing activities totaled approximately $266.45 million in 2022, down from $278.91 million in 2021, indicating a decrease of about 4.9%[22]. - The net cash flow from financing activities was negative at approximately -$67.85 million in 2022, compared to -$6.20 million in 2021, showing a worsening of cash flow[22]. - The ending cash and cash equivalents balance decreased to approximately $273.43 million in 2022 from $318.56 million in 2021, a decline of about 14.1%[22]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 37,513[10]. - The largest shareholder, Sichuan Atlantic Group Co., Ltd., holds 33.37% of the shares, amounting to 299,554,399 shares[10]. Research and Development - Research and development expenses increased to CNY 45,755,952.77, up 50.00% from CNY 30,535,156.02 in the same period of 2021[17]. Inventory and Cash Equivalents - The company reported a decrease in gross profit and a reduction in asset disposal income as the main reasons for the decline in net profit[8]. - The company’s inventory decreased to CNY 614,442,223.50 from CNY 725,152,357.11 at the end of 2021, a reduction of 15.27%[13]. - The company reported a cash inflow from the disposal of fixed assets and other long-term assets of approximately $114,810 in 2022, a significant decrease from $37.27 million in 2021[21]. - The company received approximately $950,000 from minority shareholders in 2022, indicating continued investment interest[21].