LYG(SH:600876)2022-10-27 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥1,016,477,871.57, a slight increase of 0.39% compared to ¥1,012,560,992.07 in the same period last year[7]. - Net profit attributable to shareholders was ¥13,096,740, a significant decrease of 85.59% from ¥90,893,300 in the previous year[7]. - Basic earnings per share decreased by 87.50% to ¥0.02 from ¥0.16 in the same period last year[10]. - Net profit for Q3 2022 was ¥293,488,749.69, a decrease of 23.9% from ¥385,518,086.91 in Q3 2021[40]. - Total comprehensive income for the period was CNY 293,488,749.69, a decrease from CNY 385,518,086.91 in the previous year[42]. - Basic and diluted earnings per share were CNY 0.40, down from CNY 0.57 year-over-year[42]. Cash Flow - The net cash flow from operating activities was negative at ¥78,122,066.98, a decline of 368.30% compared to ¥29,117,275.22 in the same period last year[10]. - Cash inflow from operating activities totaled CNY 2,238,823,314.19, compared to CNY 2,171,400,154.15 in the same period last year[45]. - Net cash outflow from operating activities was CNY -270,297,311.43, contrasting with a net inflow of CNY 276,958,176.87 in the previous year[45]. - Cash flow from investing activities generated a net inflow of CNY 28,013,086.29, recovering from a net outflow of CNY -1,053,558,204.87 last year[45]. - Cash flow from financing activities resulted in a net inflow of CNY 99,150,405.14, significantly lower than CNY 2,441,117,310.00 in the previous year[47]. - Total cash outflow from operating activities was CNY 2,509,120,625.62, compared to CNY 1,894,441,977.28 in the same period last year[45]. Assets and Liabilities - Total assets at the end of the reporting period were ¥9,789,677,701.79, representing a 5.80% increase from ¥9,267,756,778.49 at the end of the previous year[10]. - Total operating costs for Q3 2022 were ¥3,310,097,158.09, up from ¥2,414,013,240.87 in Q3 2021, reflecting a 37.1% increase[40]. - Total liabilities rose to ¥5,177,848,177.75 in Q3 2022, compared to ¥4,914,179,370.08 in Q3 2021, indicating an increase of 5.4%[34]. - The company's total assets increased to ¥9,789,677,701.79 in Q3 2022, compared to ¥9,253,057,019.24 in Q3 2021, representing a growth of 5.8%[37]. - Current liabilities totaled $3.72 billion, with a slight increase from $3.72 billion[53]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 35,616[20]. - The largest shareholder, HKSCC Nominees Limited, holds 249,152,789 shares, representing 38.59% of total shares[20]. Research and Development - Research and development expenses increased by 60.77% as the company focused on enhancing its product development capabilities[16]. - Research and development expenses for Q3 2022 were ¥124,981,364.98, slightly down from ¥125,342,955.20 in Q3 2021[40]. Other Financial Metrics - The weighted average return on equity decreased by 2.97 percentage points to 0.32% from 3.29% in the same period last year[10]. - The company reported a significant increase in accounts receivable by 100.47% due to higher sales revenue during the reporting period[16]. - The company reported an increase in other current liabilities by RMB 1,623.11 million due to unconfirmed notes[19]. - Long-term borrowings increased by RMB 63.04 million during the reporting period[19]. - The cost of main business increased by RMB 49.04 million, attributed to higher sales of new energy glass and rising raw material and fuel prices[19]. - Financial expenses decreased by RMB 45.74 million due to adjustments in financing structure and reduced financing costs[19]. - Other income rose by RMB 337.51 million, reflecting an increase in government subsidies received[19]. - The company completed the acquisition of 100% equity in Taibo Fujian Photovoltaic Glass Co., Ltd. for RMB 421.96 million, now a wholly-owned subsidiary[27].