LFX(SH:600612)2022-10-27 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥19,798,457,356.75, representing an increase of 8.80% compared to the same period last year[4]. - The net profit attributable to shareholders for Q3 2022 was ¥465,617,255.31, showing a growth of 2.04% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥479,362,596.36, which increased by 5.95% compared to the same period last year[4]. - Total operating revenue for the first three quarters of 2022 reached ¥53.54 billion, an increase of 7.03% compared to ¥49.79 billion in the same period of 2021[22]. - Net profit for the first three quarters of 2022 was ¥1.82 billion, a decrease of 6.66% from ¥1.95 billion in the same period of 2021[23]. - The total profit for the first three quarters of 2022 was ¥2.47 billion, down from ¥2.59 billion in the same period of 2021[23]. - The total comprehensive income for the first three quarters of 2022 was ¥1.79 billion, compared to ¥1.95 billion in the same period of 2021[24]. Earnings and Shares - The basic earnings per share for Q3 2022 was ¥0.8901, up by 2.04% compared to the same period last year[5]. - The diluted earnings per share for Q3 2022 was also ¥0.8901, indicating a 2.04% increase year-on-year[5]. - Earnings per share (EPS) for the first three quarters of 2022 was ¥2.5923, down from ¥2.8639 in the same period of 2021[24]. Assets and Liabilities - The total assets at the end of the reporting period were ¥24,073,726,072.94, an increase of 8.08% from the end of the previous year[5]. - The equity attributable to shareholders at the end of the reporting period was ¥9,776,538,949.71, reflecting a growth of 6.37% year-on-year[5]. - The company's current assets totaled ¥22,863,515,987.60, compared to ¥21,010,680,140.76 in the previous year, indicating an increase of about 8.80%[19]. - Total liabilities increased to ¥12,496,151,141.48 from ¥11,416,212,394.44, representing a rise of about 9.45%[20]. - The company's equity attributable to shareholders rose to ¥9,776,538,949.71 from ¥9,191,135,714.96, an increase of approximately 6.36%[21]. - The total current liabilities amounted to ¥11,629,387,662.21, compared to ¥10,101,691,085.18, indicating an increase of about 15.13%[20]. Cash Flow - The cash flow from operating activities for the year-to-date was ¥3,248,269,146.00, a decrease of 5,531.36% compared to the previous year[5]. - Net cash flow from operating activities increased by ¥3,190,587,337.33, a growth rate of 5531.36%, due to a greater increase in cash received from sales of goods and services than cash paid for purchases of goods and services[12]. - Cash received from operating activities totaled CNY 54,062,939,564.85, an increase from CNY 49,763,756,156.03 year-over-year[26]. - Cash paid for operating activities was CNY 50,814,670,418.85, compared to CNY 49,706,074,347.36 in the previous year[26]. - Net cash flow from investing activities increased by ¥30,413,536.91, a growth rate of 64.07%, due to a greater decrease in cash paid for investments than the decrease in cash received from investment recoveries[12]. - Net cash flow from financing activities decreased by ¥1,910,715,903.91, a decline of 745.45%, primarily due to a greater decrease in cash received from borrowings than cash paid for debt repayments[12]. Investments and Expenses - Research and development expenses increased to ¥23.35 million, compared to ¥20.12 million in the previous year, reflecting a focus on innovation[22]. - The company reported a decrease in investment income, with a loss of ¥9.18 million compared to a gain of ¥12.75 million in the previous year[23]. - Investment income decreased by ¥21,928,489.47, a decline of 171.98%, mainly due to increased investment losses from trading financial liabilities at the subsidiary Shanghai Laofengxiang Co., Ltd.[10]. Other Financial Metrics - The company's trade receivables increased by 3,117.61%, amounting to an increase of ¥5,527,245,874.18 compared to the beginning of the period[8]. - The company's inventory decreased by 33.91%, with a reduction of ¥4,254,971,029.14 compared to the beginning of the period[8]. - Employee compensation payable increased by ¥56,701,043.05, a growth rate of 980.52%, mainly due to the increase in employee compensation payable at the subsidiary Shanghai Laofengxiang Silver Building Co., Ltd.[10]. - Fair value changes in income decreased by ¥84,946,383.94, a decline of 586.40%, primarily due to decreased fair value changes in trading financial assets and increased losses from fair value changes in trading financial liabilities at the subsidiary Shanghai Laofengxiang Co., Ltd.[10]. - Credit impairment losses increased by ¥23,313,402.40, a growth rate of 86.94%, mainly due to increased credit impairment losses at the subsidiary Shanghai Laofengxiang Co., Ltd.[12].