LNCD(SH:600739)2022-10-28 16:00Financial Performance - Q3 2022 revenue was CNY 4,123,582,526.94, a decrease of 21.34% year-over-year[2] - Net profit attributable to shareholders was CNY 246,727,616.45, down 53.28% compared to the same period last year[2] - Basic earnings per share for Q3 2022 was CNY 0.1616, reflecting a decline of 53.19% year-over-year[4] - The net profit attributable to shareholders for the year-to-date period decreased by 36.70% to CNY 1,185,105,205.69[7] - The net profit excluding non-recurring gains and losses for the year-to-date period was CNY 1,137,622,174.21, down 38.90% year-over-year[7] - Net profit for the third quarter was ¥1.60 billion, down 27.6% from ¥2.20 billion in the previous year[16] - Net profit for the first three quarters of 2022 was CNY 973,392,263.79, compared to CNY 1,346,756,590.39 in the same period of 2021, reflecting a decline of approximately 27.7%[23] Assets and Liabilities - Total assets at the end of Q3 2022 were CNY 48,399,896,337.43, an increase of 0.80% from the end of the previous year[4] - The company's total assets as of September 30, 2022, included cash and cash equivalents of CNY 1,915,272,016.76, down from CNY 2,197,996,964.71 at the end of 2021[20] - Total assets decreased to CNY 40,091,961,222.44 from CNY 40,338,997,850.52, a decline of approximately 0.61%[21] - Total liabilities decreased to ¥15.86 billion from ¥16.54 billion, a decline of 4.10% year-over-year[13] - Current liabilities totaled CNY 10,763,480,212.68, down from CNY 12,246,250,191.87, representing a decrease of about 12.06%[22] - Total liabilities amounted to CNY 13,894,826,585.09, down from CNY 14,775,766,282.87, a decrease of about 6.0%[22] Cash Flow - Cash flow from operating activities for the year-to-date period was CNY 1,059,159,792.19, with no comparative data provided for the current quarter[2] - The net cash flow from operating activities for the first nine months of 2022 was CNY 1,059,159,792.19, a significant improvement from a negative cash flow of CNY -351,029,348.69 in the same period of 2021[18] - The net cash inflow from investment activities for the first nine months of 2022 was CNY 2,170,743,554.55, a recovery from a negative cash flow of CNY -333,464,749.02 in the same period of 2021[19] - The net cash flow from financing activities for Q3 2022 was CNY -1,889,788,176.03, contrasting with a positive cash flow of CNY 351,799,514.96 in Q3 2021[19] - The total cash outflow from financing activities for Q3 2022 was CNY 10,883,360,372.14, compared to CNY 8,611,381,914.52 in Q3 2021, reflecting an increase of 26.4%[19] Shareholder Information - The total number of common shareholders as of September 30, 2022, is 71,486[8] - The largest shareholder, Shaoguan Gaoteng Enterprise Management Co., Ltd., holds 234,004,700 shares, representing 15.30% of total shares[8] Investment and R&D - The company reported a decrease in investment income from joint ventures, which significantly impacted net profit[7] - R&D expenses for the third quarter were ¥162.54 million, a decrease of 5.7% from ¥171.51 million in the previous year[16] - Investment income for the third quarter was ¥1.13 billion, down 32.1% from ¥1.66 billion in the previous year[16] - The company has not disclosed any new product or technology developments in the report[9] Comprehensive Income - The total comprehensive income attributable to the parent company's owners for Q3 2022 was CNY 1,252,778,768.47, a decrease of 31.7% compared to CNY 1,835,876,747.26 in Q3 2021[17] - Other comprehensive income after tax increased to ¥67.67 million from a loss of ¥36.19 million in the previous year[16] - Other comprehensive income after tax was CNY 67,606,845.28, compared to a loss of CNY 36,131,041.73 in the previous year[24]