2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥3,527,251,806.47, representing a decrease of 8.42% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2022 was ¥292,865,501.77, down 47.25% year-over-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥184,055,028.98, a decline of 60.20% compared to the previous year[4]. - The basic earnings per share for Q3 2022 was ¥0.07, a decrease of 50.00% year-over-year[4]. - Total revenue for the first three quarters of 2022 was CNY 10,483,872,179.16, a decrease of 7.66% compared to CNY 11,354,244,621.56 in the same period of 2021[18]. - The total operating profit for Q3 2022 was approximately ¥2.27 billion, a decrease from ¥2.87 billion in Q3 2021, representing a decline of about 20.8%[20]. - Net profit for Q3 2022 was approximately ¥1.32 billion, down from ¥2.15 billion in Q3 2021, reflecting a decrease of around 38.4%[20]. - The total comprehensive income for Q3 2022 was approximately ¥732.34 million, significantly lower than ¥3.13 billion in Q3 2021, a decrease of about 76.7%[21]. - The total profit before tax for Q3 2022 was approximately ¥2.28 billion, compared to ¥2.86 billion in Q3 2021, reflecting a decrease of around 20.2%[20]. Assets and Liabilities - The total assets at the end of Q3 2022 amounted to ¥133,635,045,311.12, reflecting a decrease of 1.15% from the end of the previous year[4]. - The company's total assets as of the end of the third quarter of 2022 were CNY 133,635,045,311.12, down from CNY 135,187,542,000.02 at the end of the previous quarter[16]. - Total liabilities decreased to CNY 75,977,477,322.18 from CNY 77,656,323,854.91, indicating a reduction of 2.16%[16]. - Long-term equity investments decreased to CNY 3,851,358,767.21 from CNY 3,929,090,179.77, a decline of 1.98%[15]. - The total non-current assets amounted to CNY 118,713,361,522.61, a slight decrease from CNY 119,534,651,874.66[15]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥3,975,737,906.64, a decrease of 16.72% compared to the same period last year[4]. - Cash flow from operating activities for the first three quarters of 2022 was approximately ¥10.88 billion, down from ¥13.52 billion in the same period of 2021, a decrease of about 19.6%[22]. - The net cash flow from financing activities in Q3 2022 was negative at approximately -¥5.05 billion, an improvement compared to -¥7.05 billion in Q3 2021[24]. - Cash inflow from investment activities for Q3 2022 was approximately ¥3.10 billion, down from ¥7.87 billion in Q3 2021, a decrease of about 60.7%[23]. - As of September 30, 2022, the company's cash and cash equivalents amounted to 5,738,284,486.77 RMB, a decrease from 6,903,715,249.53 RMB at the end of 2021[14]. - The cash and cash equivalents at the end of Q3 2022 stood at approximately ¥5.19 billion, down from ¥5.75 billion at the end of Q3 2021, a decline of about 9.8%[24]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 72,293[11]. - The largest shareholder, Red Star Macalline Holdings Group Co., Ltd., holds 1,732,172,349 shares, representing 39.78% of the voting rights[11]. - The company has repurchased a total of 1,044,800 A-shares, accounting for 0.0240% of the total share capital, with a total expenditure of 5,003,480.17 RMB[13]. - The company has a total of 1,196,786,018 shares held through its securities account, indicating active participation in financing and margin trading[12]. Operational Challenges - The company attributed the decline in net profit to delays in service progress due to the pandemic[8]. - The company completed the transfer of 90.1% of its subsidiary's shares to Xuhui Yongsheng, which is expected to impact future performance commitments[9]. Other Financial Metrics - The weighted average return on equity for Q3 2022 was 0.54%, down 0.55 percentage points compared to the previous year[4]. - The company reported a total non-recurring gains and losses of ¥49,533,721.16 for Q3 2022[6]. - The company reported a significant increase in other payables, rising to CNY 12,234,669,219.56 from CNY 9,770,693,294.55, an increase of 25.03%[16]. - Research and development expenses for the first three quarters of 2022 amounted to CNY 34,414,109.82, a decrease of 18.73% from CNY 42,123,793.66 in 2021[18]. - Accounts receivable increased to 2,133,280,588.86 RMB from 1,957,650,342.07 RMB year-over-year[14]. - The company reported inventory of 322,809,645.47 RMB, slightly down from 329,087,511.33 RMB at the end of 2021[14]. - The company has a significant amount of other receivables totaling 1,299,787,956.24 RMB, up from 935,666,616.98 RMB year-over-year[14].