SJFW(SH:600616)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥184,671,739.56, representing a year-on-year increase of 14.31%[3] - The net profit attributable to shareholders for Q3 2022 was ¥2,889,030.96, while the net profit for the year-to-date period was a loss of ¥17,014,530.98[3] - The basic and diluted earnings per share for Q3 2022 were both ¥0.0043, compared to a loss of ¥0.03 in the same period last year[3] - The net profit for Q3 2022 was -19,952,164.78 RMB, a decrease from -26,053,860.59 RMB in Q3 2021, representing an improvement of approximately 23.5% year-over-year[23] - The total comprehensive income for Q3 2022 was -19,952,278.52 RMB, compared to -26,167,892.16 RMB in Q3 2021, showing a year-over-year improvement of approximately 23.5%[24] Cash Flow - The net cash flow from operating activities for the year-to-date period increased by 227.99% to ¥35,075,926.53[3] - The net cash flow from operating activities for Q3 2022 was 35,075,926.53 RMB, significantly higher than 10,694,048.54 RMB in Q3 2021, indicating a positive trend in cash generation[27] - The net cash flow from investing activities for Q3 2022 was -26,435,147.94 RMB, an improvement from -73,152,698.70 RMB in Q3 2021, indicating a reduction in cash outflow[27] - The company experienced a net cash outflow from financing activities of -21,984,001.47 RMB in Q3 2022, compared to -27,821,696.66 RMB in Q3 2021, showing a decrease in cash used for financing[27] Revenue and Sales - The sales revenue from direct sales (including group purchases) for the first nine months of 2022 was ¥9,115.68 million, a decrease of 12.70% year-on-year[11] - The wholesale agency sales revenue for the same period was ¥31,405.27 million, an increase of 6.14% year-on-year[11] - The total sales revenue for the first nine months of 2022 was ¥40,520.95 million, a slight increase of 1.22% compared to the same period last year[11] - The total revenue for the first three quarters of 2022 was CNY 416,434,693.69, a slight increase of 1.36% compared to CNY 413,867,184.10 in the same period of 2021[22] Assets and Liabilities - Total assets at the end of Q3 2022 were ¥2,217,936,344.37, a decrease of 2.33% from the end of the previous year[3] - The equity attributable to shareholders decreased by 1.93% to ¥1,886,372,410.18 compared to the end of the previous year[3] - The cash and cash equivalents as of September 30, 2022, were CNY 308,073,551.70, down from CNY 323,103,422.15 at the end of 2021[16] - The inventory as of September 30, 2022, was CNY 705,217,788.03, a decrease from CNY 734,481,959.70 at the end of 2021[18] - The total liabilities as of September 30, 2022, were CNY 345,752,530.31, a decrease from CNY 358,749,841.36 at the end of 2021[19] Operating Costs and Expenses - The total operating costs for the first three quarters of 2022 were CNY 452,502,013.52, down from CNY 456,299,151.86 in 2021, indicating a decrease of 0.62%[22] - The total operating expenses for the first three quarters of 2022 were 513,049,600.57 RMB, compared to 546,068,615.41 RMB in the same period of 2021, reflecting a decrease of about 6.0%[26] Product Sales Performance - The sales revenue for mid-to-high-end products in the first nine months of 2022 was CNY 29,659.70 million, a decrease of 1.28% from CNY 30,044.24 million in 2021[16] - The sales revenue for low-end products increased by 8.76% to CNY 10,861.25 million in the first nine months of 2022, compared to CNY 9,986.38 million in 2021[16] Distribution and Market Presence - The total number of distributors increased by 23 to 893 by the end of the third quarter of 2022, compared to the end of the second quarter[14]