PANDA FINANCIAL(SH:600599)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was CNY 30,960,925.36, a decrease of 48.50% compared to the same period last year[6]. - The net profit attributable to shareholders for Q3 2022 was CNY 1,225,080.71, down 90.89% year-on-year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 2,468,713.97, a decrease of 82.77% compared to the previous year[6]. - The basic earnings per share for Q3 2022 was CNY 0.007, a decline of 90.89% year-on-year[7]. - The company reported a net profit of ¥69,073,429.51, recovering from a loss of ¥2,220,265.61 in the previous year[18]. - Total operating revenue for the first three quarters of 2022 reached ¥271,102,940.50, an increase of 21.8% compared to ¥222,593,438.96 in the same period of 2021[21]. - Net profit for the first three quarters of 2022 was ¥71,173,505.62, representing a 13.0% increase from ¥62,562,350.50 in the same period of 2021[22]. - The company reported a total profit of ¥92,842,179.71 for the first three quarters of 2022, up from ¥78,924,401.33 in the previous year[22]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 962,947,286.74, an increase of 4.77% from the end of the previous year[7]. - Total current assets as of September 30, 2022, amount to ¥945,196,125.00, an increase from ¥896,779,289.89 in the previous year[17]. - Total liabilities as of September 30, 2022, are ¥194,714,165.15, down from ¥217,110,569.32 in the previous year[18]. - The total assets of the company as of September 30, 2022, are ¥962,947,286.74, compared to ¥919,070,185.29 in the previous year[19]. - The equity attributable to shareholders increased by 10.21% to CNY 768,233,121.59 compared to the end of the previous year[7]. - Total equity attributable to shareholders increased to ¥768,233,121.59 from ¥697,071,113.88 year-over-year[18]. Cash Flow - The cash flow from operating activities showed a net outflow of CNY 215,094,197.96 for the year-to-date[7]. - Cash flow from operating activities for the first three quarters of 2022 showed a net outflow of ¥215,094,197.96, a significant decrease from a net inflow of ¥291,923,293.85 in the previous year[26]. - Cash outflow for operating activities in the first three quarters of 2022 totaled ¥584,632,491.21, compared to ¥25,790,995.15 in the previous year[26]. - The net cash flow from financing activities was -$9,627,185.57, a significant decrease compared to -$892,495.20 in the previous period[27]. - The net increase in cash and cash equivalents was -$221,046,523.68, compared to an increase of $250,262,888.89 in the prior period[27]. - The beginning cash and cash equivalents balance was $368,300,214.09, up from $28,063,614.35 in the previous period[27]. - The ending cash and cash equivalents balance stood at $147,253,690.41, down from $278,326,503.24[27]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 11,408[13]. - The largest shareholder, Wanzai County Galaxy Bay Investment Co., Ltd., holds 40,000,000 shares, accounting for 24.10% of total shares[13]. Operational Highlights - The company reported a significant increase in prepayments by 905.93% due to new advance payments for fireworks exports[11]. - The company experienced a 508.06% increase in financial expenses attributed to exchange rate gains from the US dollar[11]. - The company recorded a 173.68% decrease in cash flow from operating activities, primarily due to new loan disbursements during the reporting period[11]. - The company has a significant portion of its current assets in other current assets, totaling ¥680,902,402.28[17]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[22].