SIFANG(SH:601126)2022-10-30 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥1,209,050,326.45, representing a year-on-year increase of 6.15%[7] - The net profit attributable to shareholders for the same period was ¥134,685,977.61, with a slight increase of 0.50% year-on-year[7] - The net profit after deducting non-recurring gains and losses was ¥132,848,495.45, reflecting an increase of 8.83% compared to the previous year[7] - The basic earnings per share for Q3 2022 was ¥0.1656, consistent with the previous year[9] - Total operating revenue for the first three quarters of 2022 reached ¥3,599,314,945.51, an increase of 16.0% compared to ¥3,102,897,719.11 in the same period of 2021[29] - Net profit attributable to shareholders of the parent company for the first three quarters of 2022 was ¥438,536,107.14, up 14.1% from ¥384,558,079.23 in 2021[31] - Basic earnings per share for the first three quarters of 2022 were ¥0.5393, compared to ¥0.4729 in the same period of 2021, reflecting a growth of 14.0%[33] - The total comprehensive income for the first three quarters of 2022 was ¥439,388,947.71, up from ¥384,804,384.62 in 2021, reflecting a growth of 14.2%[33] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥7,530,279,297.53, showing a growth of 2.16% from the end of the previous year[9] - The equity attributable to shareholders reached ¥3,927,703,077.54, an increase of 1.45% year-on-year[9] - The company's total liabilities increased to RMB 3,599,347,018.12 from RMB 3,497,165,319.75, reflecting a growth of about 2.91%[26] - The company's total non-current assets amounted to RMB 898,862,834.49, compared to RMB 884,496,896.15, showing a growth of approximately 1.63%[24] - The company's retained earnings decreased to $510.1 million, down 34.8% from $784.2 million at the end of the previous year[45] - The company reported a total equity of $3.08 billion, down 7.5% from $3.33 billion at the end of the previous year[45] Cash Flow - The cash flow from operating activities showed a significant decline of 51.94% year-on-year, totaling ¥178,402,254.39[7] - Cash inflow from operating activities for the first three quarters of 2022 was ¥3,888,760,777.13, an increase of 8.2% from ¥3,594,285,158.76 in 2021[35] - The net cash flow from operating activities decreased to $178.4 million, down 52.0% from $371.2 million in the previous period[37] - The total cash and cash equivalents at the end of the third quarter of 2022 were CNY 1,068,848,330.80, down from CNY 1,328,808,157.17 at the end of the same period in 2021[54] Investment and Expenses - The company has increased its investment in joint ventures, particularly in the new technology industry, which contributed to a rise in long-term equity investments by 109.18%[12] - Research and development expenses for the first three quarters of 2022 were ¥309,910,174.28, a slight decrease of 3.5% from ¥321,229,374.24 in 2021[29] - The company reported a net investment loss of ¥4,409,209.25 for the first three quarters of 2022, compared to a loss of ¥419,200.31 in 2021[29] - The company incurred a financial expense of CNY -31,192,115.07 in the first three quarters of 2022, compared to CNY -13,988,653.33 in the previous year, indicating a worsening financial position[47] - The company’s investment activities generated a net cash flow of CNY 44,284,974.41 in the first three quarters of 2022, compared to CNY 33,574,670.30 in the same period of 2021, showing improvement in investment returns[52] Market and Product Development - The company plans to expand its market presence and enhance its product offerings through ongoing research and development initiatives[12]