SMC(SH:600823)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥925,416,870.39, a decrease of 70.79% compared to the same period last year[6]. - The net profit attributable to shareholders was -¥32,220,326.02, representing a decline of 168.82% year-on-year[6]. - The basic earnings per share were -¥0.01, down 149.81% from the previous year[8]. - The company faced a significant decrease in revenue and profit primarily due to the impact of the pandemic on property sales[12]. - Total revenue for the first three quarters of 2022 was CNY 4,504,802,670.92, a decrease of 70.2% compared to CNY 15,069,722,570.03 in the same period of 2021[23]. - The company reported a net loss of CNY 560,612,291.76 for the first three quarters of 2022, compared to a net profit of CNY 2,397,275,426.98 in the same period of 2021[24]. - The net profit attributable to the parent company for Q3 2022 was -380,640,318.53 CNY, compared to a profit of 1,190,119,833.04 CNY in the same period of 2021, indicating a significant decline[25]. - The total comprehensive income for Q3 2022 was -687,028,282.38 CNY, compared to 2,538,307,994.92 CNY in Q3 2021, reflecting a substantial loss[25]. Assets and Liabilities - Total assets at the end of the reporting period were ¥137,448,359,451.93, a decrease of 3.87% compared to the end of the previous year[8]. - Current liabilities totaled CNY 70,667,967,337.29 as of September 30, 2022, an increase of 7.6% from CNY 65,950,666,679.46 at the end of 2021[22]. - Non-current liabilities decreased to CNY 18,482,200,622.57 from CNY 28,047,570,593.20, a reduction of 34.1%[22]. - The company reported a total equity attributable to shareholders of ¥25,314,660,523.42, down 1.92% from the previous year[8]. - The company’s total equity decreased to CNY 48,298,191,492.07 from CNY 48,985,219,774.47, a decline of 1.4%[22]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥1,347,043,955.68, an increase of 39.91% year-on-year[8]. - Cash inflows from operating activities for the first three quarters of 2022 totaled 9,829,370,000.65 CNY, a decrease of 59.1% from 24,059,969,241.58 CNY in the same period of 2021[27]. - The net cash flow from operating activities for the first three quarters of 2022 was 1,347,043,955.68 CNY, an increase of 40.0% compared to 962,759,623.75 CNY in the same period of 2021[27]. - The net cash flow from investing activities for Q3 2022 was -77,164,129.57 CNY, compared to -4,187,512,606.90 CNY in Q3 2021, showing a reduction in cash outflow[28]. - The net cash flow from financing activities for Q3 2022 was -5,933,033,025.45 CNY, a decrease from a positive cash flow of 6,868,786,536.89 CNY in Q3 2021[28]. - The company reported a total cash outflow from operating activities of 8,482,326,044.97 CNY for the first three quarters of 2022, compared to 23,097,209,617.83 CNY in the same period of 2021[27]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 43,671[16]. - The largest shareholder, Peak Win International Limited, holds 1,640,520,000 shares, representing 43.7% of the total shares[16]. Inventory and Receivables - The company’s inventory remained relatively stable, with a slight decrease of 1.28% to ¥61.38 billion from ¥62.17 billion[14]. - Accounts receivable dropped by 63.60% to ¥791.72 million from ¥2.18 billion, primarily due to the recovery of initial sales proceeds[14]. - The company’s other receivables increased by 28.57% to ¥5.36 billion from ¥4.17 billion, mainly due to government funding regulatory requirements[14].