TECHMATION(SH:603015)2022-10-27 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥154,190,500.25, a decrease of 31.22% compared to the same period last year[4] - The net profit attributable to shareholders for Q3 2022 was ¥8,341,844.42, down 60.32% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2022 was ¥3,338,708.69, a decline of 82.81% compared to the previous year[4] - The net profit attributable to shareholders for the year-to-date was ¥43,376,630.44, down 45.76% compared to the same period last year[4] - Total operating revenue for the first three quarters of 2022 was CNY 583,584,805.67, a decrease of 20.7% compared to CNY 736,202,815.73 in the same period of 2021[18] - Net profit for the third quarter of 2022 was CNY 44,087,917.37, a decline of 40.7% compared to CNY 74,341,966.30 in the same quarter of 2021[19] - Basic earnings per share for the third quarter of 2022 were CNY 0.11, down from CNY 0.20 in the same quarter of 2021[20] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,045,203,678.16, representing an 8.30% decrease from the end of the previous year[5] - The company's total assets as of the end of the third quarter of 2022 were CNY 2,045,203,678.16, down from CNY 2,230,284,497.49 at the end of the previous year[17] - Total liabilities as of the end of the third quarter of 2022 amounted to CNY 727,028,261.59, a decrease from CNY 908,324,015.25 at the end of the previous year[17] - Total current assets decreased to ¥1,123,518,985.07 from ¥1,340,675,392.69, a reduction of about 16.2%[15] - The company reported a total non-current asset value of ¥921,684,693.09, up from ¥889,609,104.80, indicating an increase of about 3.6%[15] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥62,614,757.96, an increase of 102.71% due to improved accounts receivable collections[5] - Cash flow from operating activities for the first three quarters of 2022 was CNY 681,652,594.81, an increase from CNY 608,029,652.70 in the same period of 2021[22] - The net cash inflow from operating activities was CNY 62,614,757.96, an increase from CNY 30,889,388.31 in the previous year, reflecting a growth of 102.3%[23] - The total cash outflow from operating activities was CNY 645,290,559.28, an increase from CNY 611,377,461.94, indicating a rise of 5.5%[23] Shareholder Information - Total number of common shareholders at the end of the reporting period is 33,061[11] - The largest shareholder, RED FACTOR LIMITED, holds 161,131,400 shares, representing 39.8% of total shares[11] Government Support and Subsidies - The company received government subsidies amounting to ¥6,218,093.72 during the reporting period, contributing to the overall financial performance[7] Research and Development - Research and development expenses for the first three quarters of 2022 were CNY 47,544,042.09, a decrease from CNY 54,187,112.20 in the same period of 2021[18] - The company has no significant new product or technology developments mentioned in the report[12] Market and Expansion - There are no updates on market expansion or mergers and acquisitions in the current reporting period[12] Inventory and Costs - The company reported a decrease in gross profit contribution due to lower sales volumes in industrial control and drive system products[9] - Total operating costs for the first three quarters of 2022 were CNY 536,727,715.47, down 17.6% from CNY 651,629,077.84 in the previous year[18] - Inventory increased to ¥391,484,923.55 from ¥383,433,928.78, showing a growth of approximately 2.8%[15] Cash and Equivalents - The company's cash and cash equivalents decreased to ¥286,814,129.95 from ¥412,953,671.06 year-over-year, a decline of approximately 30.5%[14] - The cash and cash equivalents at the end of the period amounted to CNY 243,290,146.84, a decrease from CNY 246,688,478.60 year-over-year[24] Tax and Refunds - The company received tax refunds totaling CNY 10,129,659.14, compared to CNY 19,677,180.95 in the previous year, reflecting a decline of 48.6%[23]