CISC(601005)2022-10-30 16:00Financial Performance - The company's operating revenue for Q3 2022 was CNY 7,649,896, a decrease of 15.88% compared to the same period last year[5]. - The net profit attributable to shareholders was CNY -787,733, representing a decline of 531.21% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -833,404, down 558.09% from the previous year[5]. - The basic earnings per share for the quarter was CNY -0.09, a decrease of 550.00% compared to the same period last year[9]. - Total operating revenue for the first three quarters of 2022 was RMB 25,666,072, a decrease of 19.1% compared to RMB 31,764,218 in the same period of 2021[29]. - The company reported a net loss of RMB 6,722,441, compared to a net loss of RMB 6,451,124 in the previous year[26]. - The company reported a net profit of -271,317 thousand RMB for the current period, compared to a net profit of 2,879,721 thousand RMB in the same period last year, indicating a significant decline[32]. - Operating profit for the current period was -231,178 thousand RMB, while the previous period reported an operating profit of 3,046,277 thousand RMB, reflecting a substantial decrease[32]. - The net profit for the first three quarters of 2022 was a loss of CNY 306,348, compared to a profit of CNY 2,733,131 in the same period of 2021[54]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 39,645,837, a decrease of 7.79% from the end of the previous year[9]. - Total current assets decreased to RMB 9,204,507, down 30.4% from RMB 13,350,662 at the end of 2021[23]. - Total non-current assets increased to RMB 30,441,330, up 2.7% from RMB 29,645,294 at the end of 2021[23]. - Total assets decreased to RMB 39,645,837, down 7.8% from RMB 42,995,956 at the end of 2021[28]. - Total liabilities decreased to RMB 17,544,996, down 14.5% from RMB 20,620,747 at the end of 2021[26]. - The total liabilities decreased to CNY 17,445,489 from CNY 20,407,592, a reduction of 14.4%[46]. - The company's long-term debt decreased to RMB 1,546,800 from RMB 1,792,800, a reduction of 13.7%[26]. - The company's short-term borrowings decreased to CNY 1,606,704 from CNY 2,629,734, a decline of 38.8%[46]. Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 1,101,822, down 44.66% compared to the same period last year[5]. - Cash flow from operating activities generated a net cash inflow of 1,101,822 thousand RMB, down from 1,991,154 thousand RMB in the previous year[39]. - Cash flow from operating activities generated a net amount of CNY 867,510, down from CNY 1,505,138 in the previous year[56]. - The company's cash inflow from operating activities totaled CNY 27,925,273, compared to CNY 29,385,363 in the previous year, indicating a decrease of 5.0%[56]. - The net cash flow from investment activities was -2,138,542, a decrease from -3,743,901[58]. - The total cash inflow from financing activities was 2,433,694, down from 5,740,457[58]. - The net cash flow from financing activities was -1,631,881, compared to 1,622,074 in the previous period[58]. - The cash outflow from financing activities totaled 4,065,575, slightly down from 4,118,383[58]. Shareholder Information - The company reported a total of 178,939 common shareholders at the end of the reporting period[14]. - The largest shareholder, Chongqing Changshou Steel Co., Ltd., held 23.51% of the shares[14]. Research and Development - Research and development expenses increased to RMB 196,029, up 67% from RMB 117,372 in the same period of 2021[29]. - Research and development expenses increased to CNY 196,029, up from CNY 117,373, representing a growth of 67.0%[48]. Inventory and Sales - The company experienced a significant decline in sales volume and prices of its products, coupled with rising raw material costs, impacting profitability[10]. - The company experienced a decrease in sales revenue from 29,286,413 thousand RMB to 27,788,389 thousand RMB year-over-year[36]. - The company's inventory decreased from 3,815,186 thousand RMB to 3,602,413 thousand RMB year-over-year, indicating a reduction in stock levels[41].