DLG EXPO(SH:600826)2022-10-27 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥97,828,158.10, a decrease of 61.32% compared to the same period last year[5]. - The net profit attributable to shareholders was ¥31,586,053.62, representing a significant increase of 243.30% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥31,501,267.26, up 364.88% compared to the previous year[5]. - The company's total revenue for the first three quarters of 2022 was RMB 211,370,261.93, a decrease from RMB 597,471,331.43 in the same period of 2021[24]. - The company's total revenue from sales of goods and services was 302,509,623.33 CNY for the first nine months of 2022, a decrease from 733,562,745.96 CNY in the same period of 2021[27]. - The company reported a net profit of -16,548,264.93 CNY for Q3 2022, compared to a net profit of 82,668,864.13 CNY in Q3 2021, indicating a significant decline[25]. - Operating profit for Q3 2022 was -85,197,719.70 CNY, a stark contrast to the operating profit of 96,253,720.51 CNY in the same period last year[25]. - Total comprehensive income for Q3 2022 was -278,756,395.63 CNY, compared to 53,925,211.15 CNY in Q3 2021, reflecting a substantial decrease[26]. - Basic and diluted earnings per share for Q3 2022 were both -0.01 CNY, compared to 0.15 CNY in Q3 2021[26]. Assets and Liabilities - The total assets at the end of the reporting period were ¥5,394,175,639.22, an increase of 3.29% from the end of the previous year[6]. - The company's total assets as of September 30, 2022, amounted to RMB 5,394,175,639.22, an increase from RMB 5,222,372,865.51 at the end of 2021[22]. - The company's total liabilities increased from RMB 1,430,066,006.00 at the end of 2021 to RMB 1,943,500,184.51 by September 30, 2022[23]. - The company's retained earnings as of September 30, 2022, were RMB 2,650,388,539.55, down from RMB 2,714,907,043.39 at the end of 2021[23]. Cash Flow - The company reported a net cash flow from operating activities of -¥532,947,636.15 for the year-to-date, a decrease of 1,370.59%[5]. - The company experienced a cash outflow from operating activities of -532,947,636.15 CNY in the first nine months of 2022, compared to a cash inflow of 41,944,927.96 CNY in the same period of 2021[28]. - Cash and cash equivalents at the end of Q3 2022 stood at 603,618,418.77 CNY, down from 1,069,219,207.58 CNY at the end of Q3 2021[28]. - The company's cash and cash equivalents decreased from RMB 1,136,415,846.70 at the end of 2021 to RMB 626,836,226.03 by September 30, 2022[21]. - Investment activities resulted in a net cash outflow of -380,099,166.17 CNY in the first nine months of 2022, compared to a net cash inflow of 59,267,463.87 CNY in the same period of 2021[28]. Operational Challenges - The decline in operating revenue was primarily due to the impact of the COVID-19 pandemic, which led to a reduction in main business income[9]. - Several exhibitions were postponed or canceled due to the pandemic, significantly affecting the company's Q3 business revenue[13]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,258[10]. - The company canceled 3,159,840 repurchased shares, reducing its total shares from 535,920,895 to 532,761,055, and its registered capital from RMB 535,920,895 to RMB 532,761,055[17]. Investments and Acquisitions - The company acquired a 67% stake in Dongguan Huizhi Exhibition Co., becoming its largest shareholder, to enhance its focus on the exhibition industry in South China[14]. - The company received a total compensation of RMB 46,711,979.74 from a property acquisition, positively impacting its performance[16]. Financial Expenses and Income - The company incurred financial expenses of 10,647,030.42 CNY in Q3 2022, down from 13,198,128.04 CNY in Q3 2021[25]. - The company reported investment income of 101,160,781.02 CNY in Q3 2022, an increase from 91,543,403.74 CNY in Q3 2021[25].