ECC(SH:600850)2023-10-30 16:00Financial Performance - The operating revenue for Q3 2022 was approximately ¥2.68 billion, representing a 6.56% increase compared to the same period last year[8]. - The net profit attributable to shareholders was approximately ¥152.79 million, a 47.80% increase year-over-year[8]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately ¥136.16 million, reflecting a 50.13% increase compared to the previous year[8]. - The basic earnings per share for the period was ¥0.2459, up 47.51% from ¥0.2223 in the same quarter last year[8]. - The weighted average return on equity was 3.00%, a slight decrease of 0.35 percentage points from the previous year[8]. - The company's operating profit was ¥298,579,094.00, down from ¥336,942,315.23 in the previous period[24]. - The basic earnings per share for the current period was ¥0.4685, compared to ¥0.4522 in the previous period[25]. - The total comprehensive income for the current period was ¥305,103,296.65, slightly up from ¥303,615,389.65 in the previous period[25]. - The company's net profit for the current period is 133,770,462.63, a decrease of 44.8% compared to 241,761,581.04 from the previous period[71]. - The company reported a total profit of 133,539,741.66, a decrease of 44.9% from 241,858,303.60 in the previous period[71]. Assets and Liabilities - Total assets as of September 30, 2022, were approximately ¥9.28 billion, down from ¥10.77 billion at the end of 2021[21]. - The company reported a decrease in current assets to approximately ¥8.44 billion from ¥9.97 billion year-over-year[21]. - Total assets decreased by 13.86% compared to the previous year, amounting to ¥9,277,696,806.59[30]. - The total liabilities decreased from ¥6,837,437,138.49 to ¥5,224,059,913.72[30]. - The company's total assets decreased to CNY 9,277,696,806.59 from CNY 10,770,853,826.65, reflecting a reduction in total liabilities and equity[42]. - Total liabilities decreased to 867,271,234.37 from 1,085,671,645.81, indicating a reduction of about 20.1%[69]. Cash Flow - Cash flow from operating activities showed a significant negative net amount of approximately -¥1.81 billion year-to-date, compared to -¥518.53 million in the same period last year[8]. - Cash flow from operating activities for the first three quarters of 2022 was CNY 585,339,317.60, down from CNY 843,725,442.33 in 2021[54]. - The net cash flow from operating activities was -1,812,062,702.47, a decrease from -508,136,262.28 in the previous period, indicating a significant decline in operational cash generation[65]. - Total cash inflow from operating activities was 5,532,778,575.22, down from 7,248,388,849.74, reflecting a decrease of approximately 23.7%[65]. - Cash outflow from operating activities totaled 7,344,841,277.69, compared to 7,756,525,112.02, showing a reduction of about 5.3%[66]. - The net cash flow from investing activities was -59,305,307.16, slightly improved from -60,871,599.39, indicating a marginal reduction in investment losses[66]. - Cash inflow from financing activities was 164,966,463.07, significantly higher than 36,000,000.00 in the previous period, marking an increase of over 357%[66]. Government Subsidies and Investments - The company received approximately ¥46.78 million in government subsidies, which contributed to the increase in net profit[14]. - The company recognized a government subsidy of CNY 3,239,338.26 during the current period, with a total of CNY 4,056,736.88 from the beginning of the year to the reporting period[32]. - The company reported a significant increase in government subsidies, indicating strong alignment with national policies and ongoing support for its operations[32]. - Investment income increased significantly to ¥1,313,167.37 from a loss of ¥539,180.25 in the previous period[24]. - The total revenue from investment activities was 120,000,000.00, down 45.2% from 220,000,000.00 in the previous period[74]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 25,665, with the largest shareholder holding 20.55% of the shares[37]. - The equity attributable to shareholders of the listed company increased by 15.51% to ¥3,868,966,340.38[30]. - The company's minority interests decreased significantly from CNY 583,957,051.07 to CNY 184,670,552.49[42]. - The net profit attributable to minority shareholders (after tax) was CNY 12,269,411.98, compared to a loss of CNY -8,346,464.60 in the previous period[33]. Research and Development - The company’s research and development expenses for the first three quarters of 2022 were CNY 292,191,193.81, slightly down from CNY 295,490,206.28 in 2021[62]. - Research and development expenses were 25,335,650.85, a decrease of 23.2% compared to 32,978,575.89 in the previous period[71]. - The company has a significant focus on developing self-secured key software and hardware products to support digital transformation[38]. - The company aims to strengthen its digital transformation solutions for key industries such as fintech, transportation, and smart manufacturing[38]. Other Financial Metrics - The company reported a credit impairment loss of ¥13,681,654.24, compared to a loss of ¥158,894.34 in the previous period[24]. - The company's long-term borrowings and bonds payable were not reported, indicating a potential focus on other financing strategies[30]. - The company's sales expenses increased to CNY 475,873,232.63 from CNY 383,198,315.65 year-over-year[62]. - The company incurred sales expenses of 7,921,328.82, an increase of 45.9% compared to 5,429,195.31 in the previous period[71]. - Other comprehensive income after tax was -9,666,220.32, compared to -349,150.25 in the previous period[71].