SG(SH:600734)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥84,796,727.67, a decrease of 62.45% compared to the same period last year[7]. - Net profit attributable to shareholders for Q3 2022 was ¥25,722,902.20, an increase of 172.61% year-on-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥4,587,239.51, up 112.59% from the previous year[7]. - The basic earnings per share for Q3 2022 was ¥0.0140, reflecting a year-on-year increase of 124.60%[9]. - The total revenue for the first three quarters of 2022 was ¥183,135,629.39, down 73% from ¥675,840,833.22 in the same period of 2021[28]. - The company reported a net loss of ¥3,252,349,245.10 for the first three quarters of 2022, compared to a net loss of ¥3,164,455,445.41 in the same period of 2021[28]. - The company reported a net loss of ¥97,916,554.01 for Q3 2022, compared to a net loss of ¥52,816,499.07 in Q3 2021, indicating an increase in losses of approximately 85.5% year-over-year[52]. - The total profit (loss) was -91,948,320.61 RMB, compared to -254,637,223.61 RMB in the same period last year[35]. Assets and Liabilities - Total assets at the end of Q3 2022 were ¥906,274,375.64, a decrease of 44.29% compared to the end of the previous year[9]. - As of September 30, 2022, the company's total assets amounted to ¥906,274,375.64, a significant decrease from ¥1,626,629,321.11 on December 31, 2021, representing a decline of approximately 44%[22]. - The company's total liabilities decreased to ¥541,520,517.78 from ¥1,171,495,854.86, a reduction of approximately 54%[28]. - The owner's equity as of September 30, 2022, was ¥364,753,857.86, down from ¥455,133,466.25, indicating a decrease of about 20%[28]. - The company's total current liabilities reached ¥97,110,327.49, a substantial decrease from ¥743,207,805.49 in the previous year, indicating a reduction of about 87.0%[46]. - The total liabilities of the company were reported at ¥111,168,796.80, a significant decrease from ¥744,953,556.49, reflecting a reduction of about 85.1%[46]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥7,976,819.04, down 90.01% compared to the previous year[7]. - The operating cash flow net amount was 7,976,819.04 RMB, a decrease from 79,829,637.62 RMB in the same period last year[37]. - The net cash flow from operating activities for the first three quarters of 2022 was -44,335,690.65 RMB, compared to 1,786,362.98 RMB in the same period of 2021, indicating a significant decline[56]. - Cash outflows from operating activities totaled 100,590,345.59 RMB, significantly higher than 16,118,115.26 RMB in the previous year[56]. - The cash flow from operating activities was heavily impacted by increased payments to employees, totaling 19,064,884.71 RMB, compared to 5,348,093.03 RMB in the previous year[56]. Investment and Financing Activities - The company reported a net cash inflow from investment activities of 29,675,952.93 RMB, compared to 1,401,576.48 RMB in the previous year[39]. - The financing activities resulted in a net cash outflow of -701,469,914.75 RMB, compared to a net inflow of 9,679,693.10 RMB in the same period last year[39]. - The total cash inflow from investment activities was 37,028,888.93 RMB, a substantial increase from 289,617.57 RMB in the previous year[56]. - The net cash flow from financing activities was -688,325,430.25 RMB, compared to -2,007,124.38 RMB in the same period of 2021, reflecting a worsening financial position[58]. - The company received 9,000,000.00 RMB from financing activities, a notable increase from 500,000.00 RMB in the same period last year[56]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 29,787[14]. - The total equity attributable to shareholders decreased to ¥556,776,246.49 from ¥657,178,579.17, reflecting a decline of approximately 15.3%[49]. Research and Development - The company has no significant new product launches or technological developments reported during the period[19]. - Research and development expenses totaled 9,083,156.13 RMB, down from 42,925,348.82 RMB in the previous year[35]. - Research and development expenses for Q3 2022 were ¥5,619,658.22, with no comparable figure provided for Q3 2021, indicating ongoing investment in innovation[48]. Financial Management - The company incurred a financial expense of 7,587,244.77 RMB, compared to 187,481,865.29 RMB in the previous year[35]. - The financial expenses for Q3 2022 were ¥1,178,878.35, a notable decrease from ¥58,132,274.72 in Q3 2021, indicating improved cost management[48]. - The company reported a tax expense of -4,054,520.92 RMB, compared to -18,898,559.13 RMB in the previous year[35].