LSGC(SH:600738)2022-10-24 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥192,699,596.78, representing a year-on-year increase of 1.20%[4] - The net profit attributable to shareholders was -¥35,325,494.49, a decrease of 158.99% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥11,717,141.04, down 80.55% year-on-year[4] - The basic earnings per share for the current period was -¥0.047, a decline of 161.04% compared to the previous year[5] - The company reported a loss of -¥47,042,635.53 from non-recurring gains and losses for the current period[7] - The decline in net profit was primarily due to fair value losses from Lanzhou Bank, impacting the overall financial performance[8] - The company experienced a revenue increase of ¥63,089,200 due to new retail business developments, despite challenges from pandemic-related rent reductions[8] - The company reported a year-on-year increase of 6.79% in professional market management business revenue, and a net profit increase of 3.92% after excluding the impact of rent reductions[15] - The company reported a decrease in basic earnings per share to CNY 0.163 in Q3 2022 from CNY 0.171 in Q3 2021[24] - The company's net profit for Q3 2022 reached CNY 98,944,156.20, a significant increase compared to CNY 1,049,653.17 in Q3 2021, reflecting a growth of approximately 9,400%[33] - Operating profit for Q3 2022 was CNY 98,945,270.92, compared to CNY 1,049,619.62 in the same period last year, indicating a substantial improvement[33] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,860,022,231.17, an increase of 9.83% from the end of the previous year[5] - The company's total liabilities increased to CNY 1,916,734,450.79 in Q3 2022, compared to CNY 1,672,583,934.51 in Q3 2021, reflecting a growth of 14.6%[20] - The total equity attributable to shareholders reached CNY 1,941,617,603.00, up 5.5% from CNY 1,839,587,600.33 year-over-year[20] - The company's total assets reached CNY 3,860,022,231.17 in Q3 2022, up from CNY 3,514,469,249.67 in Q3 2021, indicating a growth of 9.8%[20] - The company's total current assets reached RMB 723.89 million, up from RMB 404.77 million in the previous year[18] - The company's long-term borrowings increased significantly to CNY 787,970,000.00 in Q3 2022, compared to CNY 446,670,000.00 in Q3 2021, marking a rise of 76.3%[20] - Total liabilities increased to CNY 1,085,042,527.07 in Q3 2022 from CNY 885,313,344.87 in Q3 2021, marking an increase of approximately 22.6%[31] - The company's total equity reached CNY 1,893,201,664.41 as of September 30, 2022, compared to CNY 1,814,556,804.73 in the previous year, indicating a growth of about 4.3%[31] Cash Flow - The cash flow from operating activities for the year-to-date was ¥116,372,204.82, showing a significant increase of 3,745.26%[4] - Operating cash flow for the first three quarters of 2022 reached CNY 116,372,204.82, a significant increase from CNY 3,026,377.85 in the same period of 2021, reflecting a growth of over 3,800%[26] - Total cash inflow from operating activities was CNY 992,757,410.69, compared to CNY 803,194,415.32 in the previous year, indicating a year-on-year increase of approximately 23.6%[26] - The net cash flow from investment activities was -CNY 37,948,928.73, an improvement from -CNY 324,265,538.39 in the same period of 2021, showing a reduction in cash outflow by about 88.3%[27] - Cash and cash equivalents at the end of Q3 2022 totaled CNY 409,412,431.24, up from CNY 195,651,693.21 at the end of Q3 2021, representing an increase of approximately 109%[27] - Cash flow from financing activities showed a net increase of CNY 201,720,530.69 in 2022, compared to a net outflow of -CNY 56,238,342.88 in 2021, indicating a turnaround in financing activities[27] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 19,667[10] - The company holds 52,603,900 shares of Lanzhou Bank, valued at RMB 211.99 million as of September 30, 2022, with a cumulative fair value change gain of RMB 95.91 million for the first nine months of 2022, including a loss of RMB 46.82 million in the current reporting period[13] Business Developments - The company implemented rent reduction and exemption policies for small and micro businesses, which cumulatively impacted operating revenue by RMB 63.09 million and reduced net profit by RMB 47.32 million[15] - The company reported a significant increase in new retail business revenue, achieving a total of RMB 226.96 million in the first nine months of 2022, with cross-border business contributing RMB 163.61 million and domestic supply chain business contributing RMB 63.34 million[14]