BTH(SH:600640)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥899,135,073.58, representing a decrease of 7.89% compared to the same period last year[7]. - The net profit attributable to shareholders of the listed company was -¥78,184,605.48 for the quarter, with a year-to-date net profit of -¥99,793,015.03[7]. - The basic and diluted earnings per share for the quarter were both -¥0.0983, reflecting a negative performance[11]. - Total operating revenue for the first three quarters of 2022 was CNY 2,832,648,520.13, a decrease of 4.1% compared to CNY 2,954,539,762.90 in the same period of 2021[35]. - Net profit for the third quarter of 2022 was CNY -103,221,401.54, compared to CNY -198,773,957.13 in the same quarter of 2021[37]. - The total comprehensive income attributable to the parent company was -99,793,015.03 CNY, compared to -201,249,359.12 CNY in the same period last year, showing an improvement[40]. - The basic and diluted earnings per share were both -0.1254 CNY, compared to -0.2529 CNY in the same period last year, reflecting an improvement[40]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period was -¥122,627,040.44, a significant decline of 237.54% compared to the previous year[11]. - The company's cash and cash equivalents as of September 30, 2022, amount to approximately RMB 1.17 billion, down from RMB 1.41 billion at the end of 2021[26]. - The net cash flow from investing activities was -97,031,533.68 CNY, compared to 115,567,855.27 CNY in the same period last year, indicating a significant decline[45]. - The total cash outflow from operating activities was 4,848,369,704.96 CNY, compared to 5,231,034,522.75 CNY in the previous year, showing a decrease of approximately 7.3%[43]. - The cash received from other operating activities was 1,436,022,805.03 CNY, down from 1,596,833,037.80 CNY year-over-year, indicating a decrease of about 10%[43]. - The company reported a decrease in cash flow from financing activities, with a net cash flow of -8,114,511.88 CNY compared to -29,378,035.66 CNY in the previous year[46]. - The company experienced a foreign exchange impact of 1.34 CNY on cash and cash equivalents during the period[46]. Assets and Liabilities - Total assets at the end of the reporting period were ¥5,449,831,854.31, down 9.01% from the end of the previous year[11]. - The equity attributable to shareholders of the listed company decreased by 2.30% to ¥4,054,180,578.51 compared to the end of the previous year[11]. - The company's total liabilities decreased to CNY 911,085,382.36 from CNY 1,351,967,879.74 year-over-year[33]. - Total assets as of September 30, 2022, are approximately RMB 5.45 billion, a decrease from RMB 5.99 billion at the end of 2021[30]. - Total liabilities include accounts payable of RMB 566.92 million, down from RMB 790.43 million year-over-year[30]. - The total equity attributable to shareholders was CNY 4,054,180,578.51, down from CNY 4,149,482,154.92 in the previous year[35]. - The company’s total non-current liabilities decreased to CNY 32,139,078.85 from CNY 34,963,123.86 year-over-year[33]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 32,134[22]. - The largest shareholder, China Telecom Group Co., Ltd., holds 407,061,147 shares, accounting for 51.16% of total shares[22]. - The second largest shareholder, China Telecom Group Industrial Asset Management Co., Ltd., holds 112,178,462 shares, representing 14.1%[22]. - Shareholder Huang Mingsong holds 2,146,563 shares through a margin trading account[25]. - The company has no strategic investors or general legal entities participating in the new share placement during the reporting period[25]. Operational Efficiency - The company is focusing on business integration and cost reduction measures to mitigate losses, including reducing network elements and content investment[18]. - Research and development expenses for the first three quarters of 2022 were CNY 85,235,758.21, an increase from CNY 69,260,822.21 in 2021[35]. - The company reported a loss from the disposal of non-current assets amounting to -¥5,282,114.61 for the year-to-date period[12]. - Non-recurring gains and losses for the year-to-date period totaled -¥21,143,711.21, indicating a significant impact on profitability[18]. - The company reported a decrease in unallocated profits to CNY 549,236,198.66 from CNY 649,029,213.69 year-over-year[35]. - The company’s financial asset impairment loss was CNY 8,093,189.50, compared to a loss of CNY -22,480,185.74 in the previous year[37].