ZYD(SH:600610)2022-10-25 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥353,688,261.65, a decrease of 1.77% compared to the same period last year[7]. - The net profit attributable to shareholders was -¥2,924,102.03, representing a decline of 110.69% year-on-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥4,366,744.56, a decrease of 114.18% compared to the previous year[7]. - The basic and diluted earnings per share were both -¥0.0027, down 110.59% from the same period last year[9]. - Net profit for Q3 2022 was CNY 39,507,398.55, slightly down from CNY 39,655,878.70 in Q3 2021, reflecting a decrease of approximately 0.4%[38]. - Earnings per share for Q3 2022 were CNY 0.0369, compared to CNY 0.0370 in Q3 2021, showing a marginal decline[40]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,187,242,112.74, a decrease of 12.82% compared to the end of the previous year[10]. - The company's current assets totaled approximately CNY 359.82 million, down 25.5% from CNY 482.57 million at the end of 2021[25]. - The total liabilities as of the end of the reporting period were CNY 1,015,087,316.67, down from CNY 1,230,095,836.58 at the same time last year, a reduction of approximately 17.5%[35]. - The total equity attributable to shareholders of the parent company was CNY 172,154,796.07, an increase from CNY 131,802,601.96 in the previous year, representing a growth of about 30.6%[35]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥207,804,442.49, an increase of 107.71%[10]. - Cash inflow from operating activities for the first three quarters of 2022 totaled CNY 1,032,444,854.39, compared to CNY 982,380,944.61 in the same period of 2021, an increase of about 5.1%[40]. - The net cash flow from operating activities was $207,804,442.49, an increase from $100,043,908.40 in the previous period, indicating a strong operational performance[44]. - The total cash outflow from investing activities was $57,280,413.06, compared to $41,366,435.14 previously, reflecting increased investment efforts[44]. - The net cash flow from financing activities showed a significant outflow of $164,557,162.53, worsening from an outflow of $81,288,993.90 in the prior period, suggesting higher debt repayments[44]. Shareholder Information - The company reported a total of 44,339 common shareholders at the end of the reporting period[14]. - The largest shareholder, Xinda Securities - Industrial Bank - Xinda Xingrong No. 4 Collective Asset Management Plan, held 260,000,000 shares, accounting for 24.27% of total shares[14]. Asset Management and Restructuring - The company has completed the disposal of all assets related to Guizhou Zhongyida Construction Engineering Co., Ltd. and Shanghe Construction[22]. - The company is actively promoting the extension of audit and evaluation work related to the major asset restructuring involving the acquisition of 100% equity of Wengfu Group[20]. - The company has submitted a request to the China Securities Regulatory Commission to suspend the review of the restructuring application due to the expiration of evaluation data[20]. - The company is monitoring the asset disposal progress of Shengyun Investment and ensuring compliance with relevant commitments[22]. - The company will continue to disclose the progress of asset disposal in future periodic reports[24]. Cost and Expenses - Total operating costs for the first three quarters of 2022 were CNY 999,122,253.26, up from CNY 973,755,292.35 in 2021, indicating a rise of about 2.6%[35]. - Research and development expenses for Q3 2022 were CNY 12,298,173.44, up from CNY 10,111,372.21 in Q3 2021, marking an increase of approximately 21.6%[35]. - Financial expenses for Q3 2022 were CNY 27,938,250.43, down from CNY 34,568,208.91 in Q3 2021, indicating a decrease of about 19.1%[35]. Cash Management - The ending balance of cash and cash equivalents was $95,213,861.65, down from $75,589,497.97, indicating a decrease in liquidity[46]. - The company paid $281,232,399.28 in debt repayments, which is an increase from $223,074,687.50, highlighting a focus on reducing leverage[44]. - The cash paid to employees was $88,982,969.90, compared to $72,039,665.63, reflecting an increase in workforce compensation[44]. - The cash paid for taxes was $28,351,932.37, a decrease from $31,079,156.82, indicating potential tax efficiency improvements[44]. - The cash inflow from financing activities totaled $123,241,331.70, down from $151,230,000.00, suggesting a reduction in new borrowings[44]. - The cash outflow for investment activities included $50,693,760.00 for asset acquisitions, up from $34,361,185.91, indicating a strategic push for growth[44]. - The impact of exchange rate changes on cash and cash equivalents was $3,183,424.64, contrasting with a negative impact of $136,267.17 previously, showing improved currency stability[44].