玲珑轮胎(601966) - 2022 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2022 was RMB 4,373,373,512, representing a year-on-year increase of 2.26%[4] - The net profit attributable to shareholders for Q3 2022 was RMB 105,445,245, a decrease of 31.87% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2022 was RMB 97,075,348, down 30.22% year-on-year[4] - The company's net profit for the year-to-date period decreased by 76.72% due to a decline in sales volume and rising raw material prices[8] - Total operating revenue for the first three quarters of 2022 was CNY 12,776,461,393, a decrease of 10.76% compared to CNY 14,315,091,137 in the same period of 2021[17] - Net profit for Q3 2022 was CNY 216,222,417, a significant decline from CNY 928,542,939 in Q3 2021, representing a decrease of 76.70%[20] - Basic earnings per share for Q3 2022 were CNY 0.15, down from CNY 0.68 in Q3 2021, indicating a decline of 77.94%[21] - The total comprehensive income for Q3 2022 was CNY 591,681,491, down from CNY 753,243,863 in Q3 2021, reflecting a decrease of 21.48%[20] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period was RMB 502,397,365, an increase of 280.46%[5] - In the first three quarters of 2022, the cash inflow from operating activities was CNY 12,610,838,329, a decrease of 2.5% compared to CNY 12,933,199,265 in the same period of 2021[22] - The net cash flow from operating activities for the first three quarters of 2022 was CNY 502,397,365, a significant improvement from a net outflow of CNY -278,402,910 in the same period of 2021[22] - The cash inflow from financing activities in the third quarter of 2022 was CNY 9,559,499,617, an increase of 76.8% compared to CNY 5,423,830,746 in the same quarter of 2021[23] - The net cash flow from financing activities for the third quarter of 2022 was CNY 2,573,064,218, up from CNY 1,878,875,177 in the same quarter of 2021, marking a growth of 37.0%[23] - The cash and cash equivalents at the end of the third quarter of 2022 amounted to CNY 2,402,373,975, compared to CNY 1,764,184,571 at the end of the same quarter in 2021, representing an increase of 36.2%[23] Assets and Liabilities - The total assets at the end of the reporting period were RMB 36,570,775,342, an increase of 7.12% from the end of the previous year[5] - The equity attributable to shareholders at the end of the reporting period was RMB 19,170,524,283, up 17.02% from the end of the previous year[5] - Total current assets amounted to ¥11,752,713,368, compared to ¥11,543,376,640 at the end of 2021, indicating a slight increase of about 1.8%[14] - The company's short-term borrowings rose to ¥6,712,793,853, compared to ¥5,831,214,408 at the end of 2021, marking an increase of about 15.1%[15] - Total current liabilities decreased to ¥14,741,987,897 from ¥16,142,109,548, showing a reduction of approximately 8.7%[15] - Total liabilities as of Q3 2022 were CNY 17,394,501,450, slightly down from CNY 17,750,632,195 in the previous year[18] Shareholder Information - The total number of common shareholders at the end of the reporting period was 55,126[10] - The largest shareholder, Linglong Group Co., Ltd., holds 589,867,927 shares, accounting for 39.94% of total shares[10] - The top ten shareholders include foreign entities such as Yingcheng Trading Co., Ltd. with 201,400,000 shares, representing 13.64% of total shares[10] Expenses and Costs - Total operating costs for Q3 2022 were CNY 12,627,902,369, down from CNY 13,295,907,469 in Q3 2021, reflecting a reduction of 5.02%[18] - Research and development expenses for Q3 2022 were CNY 598,931,776, a decrease of 12.48% compared to CNY 684,335,872 in Q3 2021[18] - The company reported a decrease in sales expenses to CNY 368,064,156 from CNY 675,881,277 in the previous year, a reduction of 45.60%[18] Government Subsidies - The company reported a significant increase in government subsidies recognized as non-recurring gains, amounting to RMB 9,513,564 for the current period[6] Tax and Refunds - The company received CNY 1,033,464,535 in tax refunds during the first three quarters of 2022, a significant increase from CNY 271,899,394 in the same period of 2021[22]