GLARUNTECH(SH:600562)2022-10-27 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥543,414,848.36, a decrease of 24.67% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2022 was ¥68,560,682.90, down 16.69% year-on-year, while the year-to-date net profit increased by 38.80% to ¥362,262,505.88[2][6]. - The basic earnings per share for Q3 2022 was ¥0.06, a decrease of 14.29% compared to the same period last year[4]. - Total operating revenue for Q3 2022 was approximately ¥2.02 billion, a decrease of 14.65% compared to ¥2.37 billion in the same period of 2021[15]. - The company's net profit for the first three quarters of 2022 was not disclosed, but the trend indicates a challenging financial environment[15]. - Net profit for Q3 2022 reached CNY 362,938,006.90, an increase of 38.8% compared to CNY 261,629,044.67 in Q3 2021[16]. - Operating profit for Q3 2022 was CNY 414,069,276.47, an increase from CNY 329,634,288.22 in Q3 2021[16]. - Total profit for Q3 2022 was CNY 414,194,794.57, compared to CNY 330,272,889.31 in Q3 2021[16]. - Operating profit for the third quarter was RMB -34,671,552.81, compared to RMB -20,462,334.87 in the previous year, indicating a worsening performance[25]. - Net profit for the third quarter was RMB -32,063,601.49, compared to RMB -20,100,149.00 in the same quarter of 2021, reflecting an increase in losses[26]. Assets and Liabilities - The total assets at the end of Q3 2022 amounted to ¥7,686,537,874.28, representing a 6.56% increase from the end of the previous year[4]. - Total assets reached approximately ¥7.69 billion, up 6.56% from ¥7.21 billion at the end of 2021[14]. - Total liabilities increased to approximately ¥2.75 billion, a rise of 10.63% from ¥2.49 billion in the previous year[14]. - Total assets as of September 30, 2022, amounted to RMB 4,627,566,285.70, down from RMB 4,825,987,851.64 at the end of 2021, a decrease of approximately 4.1%[22]. - Total liabilities as of September 30, 2022, were RMB 111,634,434.44, a decrease from RMB 119,034,596.23 at the end of 2021, representing a decline of about 6.5%[22]. Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥205,450,796.90, with a noted decrease in concentrated settlement payments for defense radar projects[6]. - Cash flow from operating activities for the first three quarters of 2022 was CNY 1,613,692,948.56, a decrease from CNY 2,573,783,736.50 in the same period of 2021[18]. - Cash flow from operating activities net amount for Q3 2022 was CNY 205,450,796.90, compared to a negative CNY 14,983,701.54 in Q3 2021[19]. - The company reported a decrease in cash received from sales of goods and services to CNY 1,542,915,388.13 in the first three quarters of 2022, down from CNY 2,446,765,953.58 in the same period of 2021[18]. - In the first three quarters of 2022, the net cash flow from operating activities was -9,880,881.25 RMB, a significant decrease compared to 24,883,655.22 RMB in the same period of 2021[27]. - Cash inflow from operating activities totaled 29,413,780.89 RMB in the first three quarters of 2022, compared to 195,357,264.75 RMB in 2021, showing a significant decrease of about 84.9%[27]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 28,028, with the largest shareholder holding 52.60% of the shares[7]. - The company achieved a 44.04% increase in net profit attributable to shareholders after deducting non-recurring gains and losses for the year-to-date period[6]. Cost Management and Future Plans - The company is focused on cost reduction and efficiency improvement, particularly in high-margin radar projects, contributing to the increase in net profit[6]. - The company plans to focus on market expansion and new product development in the upcoming quarters[15]. Research and Development - Research and development expenses for Q3 2022 were approximately ¥99 million, slightly up from ¥97 million in Q3 2021[15]. Non-Recurring Gains and Losses - The company reported non-recurring gains and losses totaling ¥400,177.56 for Q3 2022, with government subsidies contributing ¥261,172.00[5].