YMCC(SH:600691)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was CNY 3,940,155,255.68, a decrease of 4.22% compared to the same period last year[6]. - The net profit attributable to shareholders was a loss of CNY 36,399,834.02, representing a decline of 135.19% year-on-year[6]. - The net profit for Q3 2022 was CNY 210,198,213.35, a decrease of 60% compared to CNY 525,673,675.17 in Q3 2021[30]. - The total operating costs increased to CNY 13,243,325,989.93 in Q3 2022 from CNY 12,969,959,135.21 in Q3 2021, reflecting a rise of approximately 2.1%[30]. - The operating profit for Q3 2022 was CNY 270,976,355.37, down 58% from CNY 649,969,813.25 in Q3 2021[30]. - The total revenue from sales of goods and services for the first nine months of 2022 was CNY 12,848,790,562.31, compared to CNY 12,508,645,995.53 in the same period of 2021, showing an increase of approximately 2.7%[36]. - The total comprehensive income for Q3 2022 was CNY 211,748,399.92, compared to CNY 525,297,434.31 in Q3 2021, reflecting a significant decrease[33]. Cash Flow - The net cash flow from operating activities was negative CNY 211,838,915.97, down 149.14% compared to the previous year[6]. - The cash flow from operating activities for the first nine months of 2022 was CNY 336,380,399.89, a decline from CNY 702,642,706.30 in the same period of 2021[36]. - The company experienced a net cash outflow from operating activities of CNY 12,652,957,205.81 in Q3 2022, compared to CNY 12,049,962,998.60 in Q3 2021[36]. - The net cash flow from investment activities was -$168,813,592.52, compared to $587,551,600.63 in the previous period[39]. - Cash inflow from financing activities totaled $7,589,321,662.13, slightly down from $7,664,269,288.46[39]. - Net cash flow from financing activities was -$446,494,617.26, an improvement from -$767,256,319.40[39]. - The net increase in cash and cash equivalents was -$278,120,628.19, compared to an increase of $522,931,986.94 in the previous period[39]. - The ending balance of cash and cash equivalents was $2,392,187,449.19, up from $2,200,335,185.78[39]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 24,398,781,871.05, a slight decrease of 0.15% from the end of the previous year[9]. - Current assets totaled RMB 12,581,396,878.09, an increase from RMB 12,150,032,338.32 at the end of 2021[21]. - Total liabilities were RMB 17,374,840,368.36, down from RMB 17,604,791,147.05 at the end of 2021[26]. - The company's equity attributable to shareholders increased to RMB 6,163,142,591.24 from RMB 5,967,216,164.28, reflecting a growth of approximately 3.3%[26]. - Short-term borrowings decreased to RMB 7,745,530,826.67 from RMB 8,749,422,504.64, a reduction of about 11.5%[24]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 68,350[15]. - The equity attributable to shareholders increased to CNY 6,163,142,591.24, reflecting a growth of 3.28% year-on-year[9]. Expenses - Research and development expenses rose to CNY 160,813,499.94 in Q3 2022, up from CNY 143,969,905.17 in Q3 2021, indicating an increase of about 11.7%[30]. - The company reported a decrease in tax expenses to CNY 60,970,035.77 in Q3 2022 from CNY 135,245,674.09 in Q3 2021[30].