2022-10-21 16:00Revenue and Profit - Revenue for Q3 2022 reached ¥71,733,616,578, an increase of 21.35% compared to the same period last year[2] - Net profit for Q3 2022 was ¥5,257,481,902, a decrease of 6.49% year-over-year[2] - Total profit for the year-to-date period was ¥24,876,707,992, reflecting a significant increase of 34.90% compared to the previous year[2] - The net profit attributable to shareholders was ¥4,037,091,451, down 13.24% from the previous year[2] - Basic earnings per share for Q3 2022 were ¥0.155, a decrease of 12.70% compared to the same period last year[4] - Operating profit for Q3 2022 was CNY 25.15 billion, compared to CNY 18.64 billion in Q3 2021, reflecting a year-over-year increase of about 34.0%[16] - Net profit attributable to shareholders for Q3 2022 was CNY 16.67 billion, up from CNY 11.30 billion in Q3 2021, indicating a growth of approximately 47.0%[16] Assets and Liabilities - The company's total assets increased by 37.48% year-over-year, reaching ¥286,770,456,652[4] - Total assets as of Q3 2022 amounted to CNY 286.77 billion, compared to CNY 208.59 billion at the end of Q3 2021, marking an increase of about 37.4%[14] - Total liabilities increased to CNY 167.17 billion in Q3 2022 from CNY 115.70 billion in Q3 2021, which is an increase of approximately 44.5%[14] - Total liabilities increased to ¥60,311,808,693 from ¥44,155,030,856, marking a rise of approximately 36.5%[23] Cash Flow - Cash flow from operating activities for the year-to-date period was ¥21,948,447,561, an increase of 23.21%[4] - Cash inflows from operating activities totaled CNY 219,822,304,943, up from CNY 176,032,373,386 in the same period last year, indicating a growth of approximately 25%[19] - The net cash flow from operating activities was CNY 21,948,447,561, compared to CNY 17,814,544,258 in the previous year, representing an increase of about 23%[19] - Cash flow from operating activities generated ¥5,771,320,148, significantly higher than ¥3,830,693,635 in the previous year[25] - The company’s cash flow from operating activities netted ¥7,043,746,519 for the first three quarters of 2022, a significant increase from ¥2,732,930,936 in the same period of 2021[25] Investments and Expenses - The company reported non-recurring gains of ¥138,232,598 for the quarter[5] - Research and development expenses for the first three quarters of 2022 were CNY 799.38 million, compared to CNY 500.43 million in the same period of 2021, representing a growth of about 59.8%[15] - Research and development expenses for Q3 2022 were ¥222,181,439, compared to ¥237,573,965 in Q3 2021, indicating a decrease of about 6.5%[23] - The company has made significant investments in long-term equity investments, which rose to CNY 14.78 billion from CNY 9.63 billion year-on-year[11] Comprehensive Income - The total comprehensive income for the period reached CNY 22,941,888,961, compared to CNY 14,747,865,548 in the previous year, reflecting a significant increase[17] - The company reported a total comprehensive income of ¥1,931,136,589 for Q3 2022, down from ¥2,352,215,510 in Q3 2021[24] Current Assets and Receivables - The total current assets as of September 30, 2022, amounted to CNY 82.77 billion, up from CNY 47.06 billion at the end of 2021[11] - Cash and cash equivalents increased to CNY 21.15 billion from CNY 14.22 billion year-on-year[11] - The company reported an increase in accounts receivable to CNY 8.41 billion, compared to CNY 2.45 billion in the previous year[11] - The company’s total current assets increased to CNY 17,081,608,673 from CNY 12,216,949,945 year-over-year, showing a growth of approximately 40%[21] - The company’s other receivables rose to CNY 11,008,445,211 from CNY 8,190,382,532, indicating a growth of approximately 34%[21] Financial Performance Metrics - The weighted average return on equity was 4.75%, a decrease of 2.20 percentage points from the previous year[4] - The gross profit margin for mining enterprises was 56.38%, a decrease of 2.85 percentage points compared to the previous year[10] - The comprehensive gross profit margin improved to 15.60%, up by 0.82 percentage points year-on-year[10] - The company’s financial expenses, including interest expenses, totaled ¥620,055,504, compared to ¥588,961,611 in the previous year, reflecting an increase of about 5.3%[23]