CRRC(SH:601766)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was CNY 54,266,244, representing a year-on-year increase of 10.76%[2] - The net profit attributable to shareholders for Q3 2022 was CNY 2,896,531, an increase of 17.18% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 2,346,189, reflecting a significant increase of 28.39% year-on-year[4] - Total operating revenue for the first three quarters of 2022 was CNY 135,563,342, a decrease of 6.2% compared to CNY 144,459,621 in the same period of 2021[22] - Net profit for Q3 2022 was CNY 7,746,428, slightly down from CNY 7,782,019 in Q3 2021[23] - The company reported a net profit of CNY 3,468,897 thousand for the first three quarters of 2022, compared to CNY 2,447,479 thousand in the same period of 2021[28] Assets and Liabilities - The total assets at the end of the reporting period were CNY 458,586,639, which is a 7.44% increase compared to the end of the previous year[4] - The company's total assets increased to CNY 458,586,639, up from CNY 426,826,499 year-over-year[21] - The total liabilities rose to CNY 274,291,014, compared to CNY 244,534,993 in the previous year, indicating a 12.1% increase[21] - The company’s total liabilities were CNY 49,913,564 thousand, compared to CNY 43,978,773 thousand in the previous year[27] Cash Flow - The cash flow from operating activities for the period was a net inflow of CNY 9,859,793, a significant improvement compared to a net outflow of CNY 1,419,000 in the same period last year[9] - Net cash flow from operating activities reached CNY 9,859,793 thousand, a significant improvement from a net outflow of CNY 1,418,588 thousand in the previous year[24] - The cash inflow from financing activities was CNY 35,647,024 thousand, down from CNY 89,051,421 thousand in the previous year[25] - The net cash flow from financing activities was 208,829 thousand RMB, down from 7,028,858 thousand RMB in the previous year[30] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 677,231[13] - China CNR Group Co., Ltd. holds 14,558,389,450 shares, accounting for 50.73% of total shares[13] - The company has a total of 14,736,252,450 shares held by China CNR Group, representing approximately 51.35% of the total issued shares[17] Research and Development - Research and development expenses for the first three quarters were CNY 7,492,683, slightly down from CNY 7,556,889 in the same period last year[22] - Research and development expenses for the first three quarters of 2022 were CNY 83,745 thousand, a decrease from CNY 244,330 thousand in the same period of 2021[28] Investment Activities - The company reported a decrease of 50.08% in long-term borrowings, mainly due to reclassification to current liabilities[8] - The company issued 8 tranches of short-term financing bonds totaling RMB 20 billion, with a remaining balance of RMB 11 billion[18] - The company has issued asset-backed commercial papers (ABCP) totaling approximately RMB 88.27 billion, with a remaining balance of about RMB 15.58 billion[18] Inventory and Receivables - The company reported inventory of RMB 84,060,059,000 as of September 30, 2022, compared to RMB 61,420,021,000 at the end of 2021[19] - The company’s accounts receivable as of September 30, 2022, were RMB 86,044,874,000, an increase from RMB 72,985,213,000 at the end of 2021[19] Future Outlook - The company plans to continue focusing on market expansion and new technology development to enhance its competitive edge[22]