TJ(SH:600667)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥8,740,862,851.99, representing a year-on-year increase of 47.54%[7] - The net profit attributable to shareholders of the listed company was -¥531,179,756.59, a decrease of 364.83% compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥517,774,513.98, reflecting a decline of 361.95% year-on-year[7] - The basic earnings per share for Q3 2022 was -¥0.25, a decrease of 350.00% compared to the same period last year[9] - The diluted earnings per share for Q3 2022 was also -¥0.25, showing a decline of 350.00% year-on-year[9] - The weighted average return on equity was -6.80%, down by 9.45 percentage points compared to the previous year[9] - The net profit for the current period is -380,426,238.22 RMB, compared to a net profit of 668,858,190.72 RMB in the previous period, indicating a significant decline[38] - The total comprehensive income for the current period is -183,224,168.35 RMB, compared to 657,276,341.12 RMB in the previous period[38] - The basic and diluted earnings per share for the current period are both -0.21 RMB, down from 0.29 RMB in the previous period[38] Revenue and Costs - Total operating revenue for the first three quarters of 2022 reached RMB 23,611,594,907.52, up from RMB 16,152,707,155.50 in the same period of 2021, representing a growth of approximately 46.4%[31] - Total operating costs for the first three quarters of 2022 were RMB 23,196,318,083.17, compared to RMB 15,465,543,751.98 in 2021, indicating an increase of about 50.2%[31] - The company reported a total revenue from operating activities of 22,423,818,305.62 RMB, up from 15,537,724,494.59 RMB, representing an increase of about 44.5%[40] Assets and Liabilities - Total assets at the end of the reporting period were ¥25,862,400,082.86, an increase of 3.22% from the end of the previous year[9] - The equity attributable to shareholders of the listed company was ¥7,345,172,835.15, a decrease of 8.53% compared to the end of the previous year[9] - Total liabilities increased to RMB 17,766,350,733.79 from RMB 16,324,548,020.57, representing a growth of approximately 8.8%[31] - The company's equity attributable to shareholders decreased to RMB 7,345,172,835.15 from RMB 8,029,920,343.94, a decline of about 8.5%[31] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥211,646,613.11[9] - The cash flow from operating activities showed a net outflow of -211,646,613.11 RMB, an improvement compared to -399,973,615.00 RMB in the previous period[40] - The net cash flow from investing activities was -$621.65 million, compared to -$563.69 million in the previous period[44] - The net cash flow from financing activities was -$500.40 million, compared to -$296.08 million previously[44] Shareholder Information - The total number of common shareholders at the end of the reporting period is 125,116[16] - The largest shareholder, Wuxi Industrial Development Group Co., Ltd., holds 640,624,856 shares, accounting for 30.42% of the total shares[16] - The second-largest shareholder, the National Integrated Circuit Industry Investment Fund, holds 84,247,763 shares, representing 4.00%[16] Impairment and Provisions - The company has recognized an impairment provision of RMB 330.737 million due to the cancellation of electricity price approvals affecting five power stations[22] - The total amount of electricity subsidies to be returned is RMB 412.95 million, which will reduce the net cash flow from operating activities by the same amount[23] - The company anticipates a total profit reduction of RMB 702.2079 million due to the return of electricity subsidies and impairment provisions[24] - The company is actively communicating with government departments regarding the electricity price approval issues and will disclose updates as required[24] Investments and Expenses - Research and development expenses increased to 616,107,020.12 RMB from 426,354,498.88 RMB, reflecting a growth of approximately 44.5%[38] - The company's investment income increased to 178,232,158.94 RMB from 106,370,411.76 RMB, marking a rise of approximately 67.5%[38] Other Financial Metrics - Cash and cash equivalents decreased to RMB 5,067,911,785.72 as of September 30, 2022, down from RMB 6,285,266,748.58 at the end of 2021, a decline of approximately 19.4%[29] - Accounts receivable rose to RMB 5,362,091,018.72, up from RMB 4,490,057,515.57, reflecting an increase of about 19.4%[29] - Inventory decreased to RMB 963,849,300.74 from RMB 1,086,490,985.30, a reduction of approximately 11.3%[29] - The company reported a significant increase in contract assets, which rose to RMB 2,907,875,019.33 from RMB 1,706,300,656.99, reflecting a growth of approximately 70.4%[29] - The company’s short-term borrowings increased to RMB 3,831,530,786.15 from RMB 3,409,793,949.83, an increase of about 12.3%[30]