LGWH(SH:601599)2022-10-25 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥747,868,716.20, representing an increase of 8.79% compared to the same period last year[6]. - The net profit attributable to shareholders decreased by 44.99% to ¥16,213,613.52 for the current period[6]. - The net profit excluding non-recurring gains and losses fell by 55.38% to ¥10,927,063.35[6]. - The net profit for Q3 2022 was CNY 91,002,839.33, an increase of 19.9% compared to CNY 75,955,398.78 in Q3 2021[20]. - The total profit for Q3 2022 reached CNY 140,137,713.54, up from CNY 118,594,350.88 in the same period last year, reflecting a growth of 18.2%[20]. - The operating profit for Q3 2022 was CNY 143,059,813.18, compared to CNY 117,569,138.68 in Q3 2021, marking an increase of 21.7%[20]. - The total revenue for the first three quarters of 2022 reached CNY 2,289,668,841.24, an increase of 12.6% compared to CNY 2,031,985,188.34 in the same period of 2021[19]. - The total revenue from sales and services received in the first nine months of 2022 was CNY 2,161,242,344.32, an increase of 9.8% from CNY 1,967,573,054.54 in the first nine months of 2021[24]. Cash Flow and Investments - Cash flow from operating activities showed a significant decline of 65.43%, totaling ¥103,884,006.68 for the year-to-date[6]. - The cash flow from operating activities for the first nine months of 2022 was CNY 103,884,006.68, down 65.4% from CNY 300,538,069.74 in the same period of 2021[25]. - The net cash flow from investing activities for the first nine months of 2022 was CNY 123,429,241.23, a decrease of 60.5% compared to CNY 312,600,812.01 in the same period of 2021[25]. - The net cash flow from financing activities for Q3 2022 was CNY -40,848,221.09, an improvement from CNY -263,844,556.96 in Q3 2021[26]. Assets and Liabilities - Total assets increased by 14.09% to ¥3,844,658,778.21 compared to the end of the previous year[6]. - Total assets as of September 30, 2022, were CNY 3,844,658,778.21, up from CNY 3,369,891,685.41 at the end of 2021, marking an increase of 14.1%[18]. - Total liabilities increased to CNY 2,550,169,872.37 from CNY 2,152,548,828.62, reflecting a rise of 18.5%[17]. - The company's equity attributable to shareholders as of September 30, 2022, was CNY 1,299,012,167.08, compared to CNY 1,211,082,666.59 at the end of 2021, representing a growth of 7.3%[18]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 31,063[12]. - Zhejiang Cultural Industry Investment Group Co., Ltd. held the largest share, with a 23.0% stake, totaling 267,817,489 shares[12]. Profitability and Expenses - The company's net loss for the first three quarters of 2022 was CNY 1,210,198,611.03, an improvement from a net loss of CNY 1,296,852,913.02 in the same period of 2021[17]. - The company's cash and cash equivalents as of September 30, 2022, amounted to CNY 1,242,414,142.26, compared to CNY 762,758,353.64 at the end of 2021, indicating a significant increase of 63%[15]. - Accounts receivable increased to CNY 602,364,056.59 as of September 30, 2022, from CNY 343,714,251.51 at the end of 2021, representing a growth of 75.1%[15]. - Inventory decreased to CNY 987,545,508.73 from CNY 1,036,710,558.37, showing a reduction of 4.7%[16]. - Research and development expenses for the first three quarters of 2022 were CNY 26,359,449.74, compared to CNY 20,058,217.50 in 2021, indicating a year-on-year increase of 31.3%[19]. Government Support - The company received government subsidies amounting to ¥4,002,874.30 during the current period[9]. Earnings Per Share - The basic and diluted earnings per share for Q3 2022 remained at CNY 0.07, consistent with Q3 2021[21]. - The total comprehensive income for Q3 2022 was CNY 92,278,037.83, compared to CNY 75,900,151.73 in Q3 2021, indicating a growth of 21.5%[21].