Yuancheng gold(SH:600766)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2022 was CNY 37,697,551.75, a decrease of 43.44% compared to the same period last year[5]. - The net profit attributable to shareholders was CNY 189,421.17, down 84.04% year-on-year, with a year-to-date loss of CNY 868,967.67, representing a 122.18% decline[5]. - The basic earnings per share for the current period was CNY 0.001, a decrease of 90% compared to the previous year[6]. - The company reported total revenue of ¥43,930,020.60 for the first three quarters of 2022, a decline of 73.3% compared to ¥164,542,421.73 in the same period of 2021[15]. - The operating profit for the first three quarters of 2022 was a loss of ¥1,333,807.42, compared to a profit of ¥4,091,395.73 in the same period of 2021[16]. - The company's net loss for the first three quarters of 2022 was ¥404,976,006.61, compared to a loss of ¥404,107,038.94 in the same period of 2021[14]. - Net profit for the first three quarters of 2022 was a loss of CNY 2,884,926.87, down from a profit of CNY 694,799.48 in the same period of 2021[26]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 423,197,256.78, an increase of 194.26% compared to the end of the previous year[6]. - Total assets amounted to ¥423,197,256.78, a significant increase from ¥143,815,845.04 on December 31, 2021, reflecting a growth of approximately 194.7%[12]. - Total liabilities increased to ¥365,718,189.49 from ¥85,467,810.08, reflecting a growth of approximately 328.5%[14]. - Total liabilities rose to CNY 98,129,255.66, compared to CNY 82,660,246.12 in the previous period[23]. - The company reported a decrease in total equity to CNY 53,971,626.12 from CNY 56,856,552.99[24]. Cash Flow - Cash flow from operating activities showed a net outflow of CNY 62,093,506.79, reflecting a significant decline of 550.21% year-to-date[6]. - Cash inflow from operating activities for the first three quarters of 2022 was 399,359,831.02 RMB, a significant increase from 207,632,674.82 RMB in the same period of 2021[19]. - The net cash flow from operating activities for Q3 2022 was -62,093,506.79 RMB, compared to -9,549,796.66 RMB in Q3 2021[20]. - Total cash and cash equivalents at the end of Q3 2022 were 578,620.68 RMB, down from 962,786.54 RMB at the end of 2021[21]. - The total current assets as of September 30, 2022, were 23,036,989.86 RMB, a decrease from 103,355,367.78 RMB at the end of 2021[22]. - Cash inflow from financing activities was $21,500,000[28]. - Cash outflow from financing activities totaled $21,650,312.33[28]. - The net increase in cash and cash equivalents was -$996.45[28]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 13,437[9]. - The largest shareholder, Xu Chengdong, holds 64,640,000 shares, accounting for 28.83% of the total shares[10]. Operational Efficiency - The company reported a year-to-date decrease in operating costs of 72.74% due to the net presentation of certain business activities[7]. - Total operating costs for the first three quarters of 2022 were ¥45,134,081.84, down from ¥160,389,123.79 in 2021, indicating a reduction of approximately 71.8%[15]. - The company reported a decrease in management expenses to ¥1,749,241.52 from ¥1,817,659.03, a reduction of about 3.8%[16]. Inventory and Receivables - Accounts receivable rose to ¥2,126,221.83 from ¥842,370.19, representing an increase of about 152.3%[12]. - Inventory decreased significantly to ¥20,629,179.41 from ¥94,805,839.84, a reduction of approximately 78.3%[12]. - The company’s inventory decreased significantly to 20,226,358.52 RMB from 94,805,839.84 RMB year-over-year[22]. Other Financial Metrics - The company incurred financial expenses of CNY 151,392.34, with interest expenses amounting to CNY 150,312.33[25]. - The total liabilities to equity ratio indicates a higher leverage position compared to the previous period[24]. - The company has maintained its capital stock at CNY 224,226,822.00, unchanged from the previous period[24]. - Research and development expenses were not specified but are part of the overall management expenses of CNY 1,513,219.34 for the first three quarters[25].