HNTY(SH:600698)2022-11-02 16:00Financial Performance - The company's operating revenue for the third quarter was ¥86,759,672.59, a decrease of 22.22% compared to the same period last year[5]. - The net profit attributable to shareholders for the third quarter was ¥138,935.96, while the net profit for the year-to-date period increased by 61.58% to ¥256,848.81[5][10]. - The company reported a decrease in operating revenue for the year-to-date period of 46.49%, attributed to a decline in market demand and product sales[10]. - Total operating revenue for the first three quarters of 2022 was RMB 247,656,025.09, a decrease of 46.4% compared to RMB 462,864,860.76 in the same period of 2021[20]. - The company's net loss for the first three quarters of 2022 was RMB 887,841,988.73, slightly improved from a loss of RMB 888,098,837.54 in the same period of 2021[18]. - The company reported a total comprehensive income of CNY 256,848.81 for Q3 2022, up from CNY 158,961.26 in Q3 2021[22]. Cash Flow and Assets - The net cash flow from operating activities for the year-to-date period was ¥33,615,763.88, reflecting a significant change in cash expenditures[6][10]. - The net cash flow from operating activities for the first three quarters of 2022 was CNY 33,615,763.88, a significant increase from CNY 1,285,145.41 in the same period of 2021[24]. - The company's cash and cash equivalents as of September 30, 2022, amounted to RMB 373,524,812.37, slightly up from RMB 370,953,008.69 at the end of 2021[15]. - Cash and cash equivalents at the end of Q3 2022 were CNY 318,997,518.53, an increase from CNY 270,118,211.36 at the end of Q3 2021[25]. - The total assets at the end of the reporting period were ¥1,093,786,979.98, a decrease of 1.49% from the previous year-end[6]. - The total assets of the company as of September 30, 2022, were RMB 1,093,786,979.98, down from RMB 1,110,280,886.62 at the end of 2021[18]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 99,849[12]. - The largest shareholder, China Changan Automobile Group Co., Ltd., held 37.40% of the shares, totaling 398,067,580 shares[12]. Expenses and Liabilities - Total operating costs for the first three quarters of 2022 were RMB 253,108,040.36, down 46.1% from RMB 467,445,575.62 in the previous year[20]. - Total liabilities decreased to RMB 303,999,745.10 from RMB 321,699,699.24 at the end of 2021, reflecting a reduction in financial obligations[18]. - The company incurred sales expenses of CNY 10,271,122.10 in Q3 2022, down from CNY 27,293,642.50 in Q3 2021, reflecting a decrease of approximately 62.3%[21]. Research and Development - The company reported a significant increase in development expenditures, rising to RMB 48,996,932.04 from RMB 29,469,987.31 year-over-year[17]. - Research and development expenses for Q3 2022 were CNY 7,924,841.23, compared to CNY 18,742,040.66 in Q3 2021, indicating a decrease of approximately 57.7%[21]. Earnings Per Share - Basic earnings per share for the year-to-date period increased by 100% to ¥0.0002[6][10]. - Basic and diluted earnings per share for Q3 2022 were both CNY 0.0002, compared to CNY 0.0001 in Q3 2021[22]. Government Subsidies - The company received government subsidies amounting to ¥2,000,472.36 during the reporting period, contributing to its financial performance[8].