ECC(SH:600850)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥2,680,577,879.76, representing a 6.56% increase compared to ¥2,515,643,045.45 in the same period last year[6]. - Net profit attributable to shareholders was ¥152,786,636.50, a significant increase of 47.80% from ¥103,376,712.13 year-on-year[6]. - The net profit after deducting non-recurring gains and losses reached ¥136,158,868.54, up 50.13% from ¥90,691,474.79 in the previous year[6]. - The basic earnings per share for the period was ¥0.2959, reflecting a 22.19% increase from ¥0.2422 in the same quarter last year[6]. - Total operating revenue for the first three quarters of 2022 reached ¥6,902,783,877.72, a slight increase from ¥6,870,554,791.60 in the same period of 2021, representing a growth of approximately 0.2%[32]. - Total operating costs for the first three quarters of 2022 were ¥6,639,198,632.19, compared to ¥6,569,501,696.97 in 2021, indicating an increase of about 1.1%[32]. - Net profit for the third quarter of 2022 was ¥285,114,766.33, down from ¥305,306,748.15 in the same quarter of 2021, reflecting a decrease of approximately 6.6%[34]. - Total comprehensive income attributable to the parent company reached CNY 311,068,638.67, an increase from CNY 298,497,440.34 in the previous year[37]. - Basic and diluted earnings per share were both CNY 0.6199, down from CNY 0.6582 in the same period last year[37]. Assets and Liabilities - Total assets at the end of the reporting period were ¥9,277,696,806.59, a decrease of 13.86% compared to the previous year's end[9]. - The equity attributable to shareholders increased by 15.51% to ¥3,868,966,340.38 from ¥3,349,459,637.09 year-on-year[9]. - The company's total liabilities decreased from ¥6,837,437,138.49 in the previous period to ¥5,224,059,913.72, a reduction of about 23.5%[30]. - The total assets of the company as of September 30, 2022, were approximately ¥9.28 billion, down from ¥10.77 billion at the end of 2021[27]. - The company's total equity increased to CNY 3,043,725,890.09 from CNY 1,550,618,021.29, marking a growth of 96.36%[48]. - Total liabilities decreased to CNY 867,271,234.37 from CNY 1,085,671,645.81, reflecting a reduction of 19.99%[48]. Cash Flow - The company reported a net cash flow from operating activities of -¥1,812,062,702.47 for the year-to-date, indicating a decrease in cash inflow[6]. - Cash inflow from operating activities was CNY 5,532,778,575.22, a decrease from CNY 7,248,388,849.74 in the previous year[41]. - Cash outflow from operating activities totaled CNY 7,344,841,277.69, compared to CNY 7,756,525,112.02 in the same period last year[41]. - The net cash flow from operating activities for the first three quarters of 2022 was -139,399,174.31 RMB, compared to 2,519,856.77 RMB in the same period of 2021, indicating a significant decline[56]. - The ending balance of cash and cash equivalents was 65,005,024.10 RMB, down from 130,390,686.18 RMB in the previous year, indicating a decrease of 50.1%[57]. Investments and Acquisitions - Non-recurring gains included a net profit of ¥24,480,551.63 from the merger with Shanghai Baifei Electronics Technology Co., Ltd.[12]. - The company completed a major asset restructuring by acquiring 100% of Shanghai Baifei Electronic Technology Co., Ltd., enhancing its capabilities in edge computing and smart technology[22]. - The company reported an investment income of ¥1,313,167.37 in the third quarter of 2022, compared to a loss of ¥539,180.25 in the same quarter of 2021[34]. - The company reported investment income of CNY 120,000,000.00, down from CNY 219,265,835.95 year-over-year[51]. Future Plans and Strategies - The company plans to focus on key industries such as fintech, transportation, and smart manufacturing for digital transformation solutions[22]. - The company plans to continue focusing on market expansion and new product development to drive future growth[32]. - The company plans to continue focusing on investment and expansion strategies despite the current financial challenges[56].