SAFETY(SH:603028)2022-10-27 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥203,234,366.30, a decrease of 10.99% compared to the same period last year[5] - Net profit attributable to shareholders was ¥6,652,920.20, down 41.64% year-on-year[5] - The net profit excluding non-recurring gains and losses was ¥6,353,038.97, a decline of 42.36% compared to the previous year[5] - Basic earnings per share were ¥0.01, a decrease of 75.00% from the same period last year[6] - Total operating revenue for the first three quarters of 2022 was CNY 579,641,147.39, a decrease of 12.42% compared to CNY 661,881,124.88 in the same period of 2021[18] - Total operating costs for the first three quarters of 2022 were CNY 562,227,563.05, down 9.95% from CNY 624,389,062.68 in the previous year[18] - Net profit for the third quarter of 2022 was CNY 20,794,412.89, a decline of 39.58% from CNY 34,393,267.33 in Q3 2021[19] - Earnings per share for the third quarter of 2022 were CNY 0.07, compared to CNY 0.13 in the same quarter of 2021[20] - The company reported a total profit of CNY 23,115,444.60 for the third quarter of 2022, down from CNY 40,183,765.80 in the same quarter of the previous year[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,284,703,734.91, down 1.91% from the end of the previous year[6] - Total current assets as of September 30, 2022, amount to ¥612,303,678.95, a decrease from ¥633,016,095.78 at the end of 2021[15] - Total liabilities as of September 30, 2022, are ¥499,965,056.43, compared to ¥499,014,252.70 at the end of 2021[16] - The total assets of the company are ¥1,284,703,734.91, a decrease from ¥1,309,758,709.16 at the end of 2021[15] - The company has a total equity of ¥784,738,678.48 as of September 30, 2022[16] - The total liabilities and equity of the company as of the end of Q3 2022 were CNY 1,284,703,734.91, a decrease from CNY 1,309,758,709.16 at the end of Q3 2021[19] Cash Flow - Cash flow from operating activities for the year-to-date was ¥38,762,005.84[6] - Cash flow from operating activities for the first three quarters of 2022 was CNY 38,762,005.84, a significant improvement from a negative cash flow of CNY -39,527,950.43 in the same period of 2021[20] - The net cash flow from operating activities increased by 198.06% due to increased sales receipts and reduced related expenses[10] - The net cash flow from investing activities was -$12,823,743.67, a decrease from -$46,044,617.40 in the previous period[21] - Cash inflow from financing activities totaled $240,097,066.72, compared to $198,013,572.73 in the prior period[21] - The net cash flow from financing activities was -$34,056,937.01, a decline from $40,124,335.45 in the previous period[21] - The cash and cash equivalents at the end of the period amounted to $85,307,036.79, down from $110,436,876.55 at the beginning of the period[21] Shareholder Information - Total number of common shareholders at the end of the reporting period is 15,729[12] - The largest shareholder, Suzhou Wuzhong Rongtai Holdings Co., Ltd., holds 82,980,738 shares, accounting for 28.91% of total shares[12] Inventory and Receivables - The company reported a significant increase in accounts receivable by 949.86% due to higher sales receipts during the period[9] - Inventory as of September 30, 2022, is valued at ¥209,808,480.38, an increase from ¥189,051,138.97 at the end of 2021[15] - The company reported accounts receivable of ¥186,721,102.68 as of September 30, 2022, compared to ¥183,319,105.41 at the end of 2021[14] Research and Development - Research and development expenses for the first three quarters of 2022 were CNY 20,300,823.39, a decrease of 10.09% from CNY 22,589,418.89 in the same period of 2021[18] Other Comprehensive Income - Other comprehensive income after tax for the third quarter of 2022 was CNY 2,691,678.34, compared to a loss of CNY -193,147.72 in Q3 2021[19]