FUDA ALLOY(SH:603045)2022-10-26 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥499,822,427.57, a decrease of 32.78% compared to the same period last year[5]. - The net profit attributable to shareholders was -¥8,371,024.13, representing a decline of 229.25% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥9,281,960.47, down 254.60% from the previous year[5]. - The basic and diluted earnings per share were both -¥0.0618, a decrease of 229.29% compared to the same period last year[6]. - Operating profit for the third quarter of 2022 was CNY 7,028,729.36, significantly lower than CNY 36,720,307.23 in the same quarter of 2021, indicating a decline of about 81%[19]. - The company reported a net profit of CNY 7,536,316.54 for the third quarter of 2022, down from CNY 37,581,491.73 in the same quarter of 2021, indicating a decline of about 80%[19]. - Total comprehensive income attributable to the parent company was ¥10,279,174.89, down 75.6% from ¥42,090,016.04 in the same period last year[21]. - Basic and diluted earnings per share for Q3 2022 were both ¥0.0750, compared to ¥0.3100 in Q3 2021, reflecting a decline of 75.8%[21]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was ¥349,226,736.13, an increase of 216.95%[6]. - Cash flow from operating activities for the first nine months of 2022 was ¥2,035,263,692.52, down 15.3% from ¥2,404,417,147.83 in the same period of 2021[22]. - Net cash flow from operating activities improved to ¥349,226,736.13 in Q3 2022, compared to a net outflow of ¥298,621,139.29 in Q3 2021[23]. - Cash and cash equivalents at the end of Q3 2022 increased to ¥227,764,849.12, up from ¥168,472,410.83 at the end of Q3 2021[23]. - The company reported a net cash increase of ¥23,952,567.90 in Q3 2022, contrasting with a net decrease of ¥117,257,506.25 in Q3 2021[23]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,817,503,566.74, down 16.16% from the end of the previous year[6]. - Total assets as of September 30, 2022, were CNY 1,817,503,566.74, down from CNY 2,167,726,918.73 at the end of 2021, reflecting a decrease of about 16%[17]. - Total liabilities decreased to CNY 937,657,861.13 as of September 30, 2022, compared to CNY 1,298,160,388.01 at the end of 2021, a reduction of approximately 28%[17]. - The company's cash and cash equivalents as of September 30, 2022, were CNY 227,767,907.74, an increase from CNY 203,815,363.09 at the end of 2021[15]. - Inventory decreased to CNY 512,650,407.93 as of September 30, 2022, down from CNY 684,791,257.74 at the end of 2021, representing a reduction of approximately 25%[15]. Shareholder Information - The company had a total of 13,511 common shareholders at the end of the reporting period[11]. - The largest shareholder, Wang Dawu, held 26.34% of the shares, with 14,930,000 shares pledged[11]. Research and Development - Research and development expenses for the first three quarters of 2022 were CNY 55,012,508.74, a decrease from CNY 74,669,898.98 in the same period of 2021, reflecting a reduction of approximately 26%[19]. Market Conditions - The decline in operating revenue and net profit was attributed to macroeconomic conditions and fluctuations in silver prices[9].