FIRMACO(SH:600967)2022-10-24 16:00Financial Performance - The company's operating revenue for Q3 2022 reached ¥3,451,741,987.67, representing a year-on-year increase of 32.33%[7] - The net profit attributable to shareholders for the same period was ¥167,024,764.23, reflecting a growth of 19.42% compared to the previous year[7] - The net profit after deducting non-recurring gains and losses was ¥164,597,681.27, with a year-on-year increase of 22.62%[7] - The basic earnings per share for Q3 2022 was ¥0.098, up by 19.51% from the same period last year[10] - Total operating revenue for the first three quarters of 2022 reached ¥10,559,545,324.10, an increase of 29.9% compared to ¥8,132,454,850.09 in the same period of 2021[38] - Net profit for the first three quarters of 2022 was ¥597,924,294.82, representing a 14.6% increase from ¥521,761,473.57 in the same period of 2021[40] - Basic and diluted earnings per share increased to 0.350 yuan per share in Q3 2022 from 0.307 yuan per share in Q3 2021, representing a growth of 14%[43] Assets and Liabilities - The total assets at the end of the reporting period were ¥23,826,461,976.46, a decrease of 24.55% compared to the end of the previous year[10] - The total assets as of the reporting date were ¥23,826,461,976.46, a decrease from ¥31,580,103,590.62 in the previous period[33] - Total liabilities amounted to ¥13,084,972,720.04, down from ¥21,158,338,644.38 in the previous period[33] - The company's long-term debt investment increased to ¥6,567,934,625.55 from ¥4,144,375,766.66 year-over-year[29] - The company’s equity attributable to shareholders increased to ¥10,691,526,725.85 from ¥10,371,936,366.83[33] Cash Flow - The company's cash flow from operating activities showed a significant decline, with a net cash flow of -¥5,853,361,470.72 for the year-to-date[10] - Cash inflow from operating activities totaled 3,925,502,203.41 in the first three quarters of 2022, down 30% from 5,614,476,339.11 in the same period of 2021[46] - The net cash flow from operating activities was -5,853,361,470.72 in the first three quarters of 2022, worsening from -4,474,237,425.32 in the same period of 2021[46] - The ending balance of cash and cash equivalents was 2,232,187,373.92 at the end of Q3 2022, significantly down from 9,337,050,244.91 at the end of Q3 2021[48] - The company reported a significant decrease in cash flow from operating activities, indicating potential challenges in revenue generation and operational efficiency[46] Research and Development - Research and development expenses increased by 51.04% in Q3 2022, indicating a focus on innovation and product development[18] - Research and development expenses for the first three quarters of 2022 amounted to ¥273,659,271.89, a significant increase of 51.1% compared to ¥181,178,956.17 in 2021[38] Shareholder Information - As of the end of the reporting period, the total number of common shareholders is 59,061[19] - The largest shareholder, Inner Mongolia First Machinery Group Co., Ltd., holds 722,471,727 shares, accounting for 42.39% of total shares[21] - The total equity attributable to shareholders increased by 3.08% to ¥10,691,526,725.85 compared to the end of the previous year[10] Market and Future Outlook - The company has not disclosed any significant new product or technology developments during the reporting period[24] - There is no indication of market expansion or mergers and acquisitions in the current report[24] - The company has not provided specific future guidance or outlook for the upcoming quarters[24] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[34] Operating Costs - The company reported a 30.22% increase in operating costs, attributed to higher research and development investments[18] - Total operating costs for the first three quarters of 2022 were ¥9,977,078,362.46, up 32.3% from ¥7,543,220,473.03 in the previous year[38]