CNS(SH:601098)2022-10-27 16:00Financial Performance - The company's operating revenue for Q3 2022 was approximately ¥2.44 billion, representing a year-over-year increase of 6.14%[4] - The net profit attributable to shareholders for Q3 2022 was approximately ¥238 million, showing a decrease of 3.82% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately ¥259 million, an increase of 8.43% year-over-year[4] - The basic earnings per share for Q3 2022 was ¥0.14, reflecting a 7.69% increase compared to the same period last year[5] - Total operating revenue for the first three quarters of 2022 reached ¥8,692,011,669.87, an increase of 11.25% compared to ¥7,811,632,984.54 in the same period of 2021[17] - Net profit for the first three quarters of 2022 was ¥1,127,373,060.87, compared to ¥1,077,980,299.46 in 2021, indicating an increase of 4.59%[18] - The total comprehensive income attributable to the parent company for Q3 2022 was approximately CNY 1.13 billion, compared to CNY 1.07 billion in Q3 2021, reflecting a year-over-year increase of about 5.5%[19] - Basic and diluted earnings per share for Q3 2022 were both CNY 0.60, up from CNY 0.56 in the same period last year, indicating a growth of 7.1%[19] - The net profit for the first three quarters of 2022 was ¥1,375,177,467.01, up from ¥1,282,505,866.83 in 2021, reflecting a growth of 7.2%[27] Assets and Liabilities - The total assets at the end of the reporting period were approximately ¥24.45 billion, an increase of 1.63% from the end of the previous year[5] - The company's total liabilities as of the end of the third quarter of 2022 were ¥9,335,579,679.02, an increase from ¥8,775,781,824.19 at the end of 2021[16] - The total equity attributable to shareholders of the parent company was ¥14,305,600,400.12, down from ¥14,400,495,157.21 in the previous year[16] - The total assets of the company as of September 30, 2022, were approximately CNY 13.02 billion, up from CNY 12.54 billion at the end of 2021, representing a growth of about 3.7%[23] - The total liabilities increased to ¥1,226,962,626.78 in 2022 from ¥959,820,394.02 in 2021, indicating a rise of 27.8%[24] - The total equity rose to ¥11,793,696,483.88 in 2022, compared to ¥11,584,557,189.69 in 2021, marking an increase of 1.8%[24] Cash Flow - The company reported a net cash flow from operating activities of approximately -¥112 million for the year-to-date period[5] - Cash inflow from operating activities for the first three quarters of 2022 was approximately CNY 10.94 billion, an increase of 28.5% from CNY 8.51 billion in the same period of 2021[20] - The net cash flow from operating activities for Q3 2022 was a negative CNY 112.32 million, an improvement from a negative CNY 370.87 million in Q3 2021[21] - Cash flow from operating activities generated a net amount of ¥75,886,182.93 in the first three quarters of 2022, compared to ¥39,075,726.02 in 2021, representing an increase of 94.4%[29] - The net cash flow from financing activities for Q3 2022 was a negative CNY 1.00 billion, an improvement from a negative CNY 1.20 billion in Q3 2021, indicating better cash management[21] - The net cash flow from investing activities was approximately $1.05 billion, an increase from $802.41 million in the previous period[30] - Cash outflow from investing activities totaled $852.21 million, compared to $6.59 million previously[30] Investments and Expenses - Research and development expenses for the first three quarters of 2022 amounted to ¥94,463,501.63, significantly higher than ¥37,905,082.09 in the same period of 2021, representing a growth of 149.61%[17] - The company reported a decrease in sales expenses to ¥224,030,810.40 in 2022 from ¥184,908,229.55 in 2021, which is an increase of 21.1%[27] - Research and development expenses were recorded at ¥3,514,840.42 for the first three quarters of 2022, indicating ongoing investment in innovation[27] - The company achieved investment income of ¥1,146,983,374.70, slightly up from ¥1,133,529,908.58 in the previous year, reflecting a growth of 1.2%[27] Shareholder Information - Total number of common shareholders at the end of the reporting period is 24,216[10] - The largest shareholder, Hunan Publishing Investment Holding Group Co., Ltd., holds 1,103,789,306 shares, accounting for 61.46% of total shares[10] Inventory and Current Assets - Total current assets as of September 30, 2022, amount to ¥20,937,895,057.57, a slight increase from ¥20,741,027,695.52 at the end of 2021[14] - Cash and cash equivalents decreased to ¥9,351,561,260.10 from ¥10,965,109,664.79 year-over-year[13] - Inventory increased significantly to ¥2,275,989,261.96 from ¥1,676,901,471.80 year-over-year, indicating a growth of approximately 35.7%[14] - The company reported a decrease in trading financial assets to ¥1,890,102,198.49 from ¥1,982,785,994.74 year-over-year[14] - The company's inventory as of September 30, 2022, was approximately CNY 364.38 million, an increase of 43.9% from CNY 253.39 million at the end of 2021[23] - The long-term equity investments increased to approximately CNY 5.58 billion as of September 30, 2022, compared to CNY 5.12 billion at the end of 2021, showing a growth of about 8.9%[23] Government and Regulatory Impact - The company received government subsidies amounting to approximately ¥13.74 million during the reporting period, which are closely related to its normal business operations[6] - The company anticipates continued execution of favorable tax policies impacting its operations, which may influence future financial performance[8] Other Information - The company has not disclosed any new product or technology developments in the current reporting period[12] - There are no significant mergers or acquisitions reported during the quarter[12]