Winka Times(SH:603101)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥378,185,458.66, a decrease of 26.63% compared to the same period last year[5] - The net profit attributable to shareholders was a loss of ¥36,276,695.33, representing a decline of 626.24% year-on-year[5] - The basic earnings per share for the current period was -¥0.0771, down 642.96% compared to the previous year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥36,558,804.35, a decline of 709.82% year-on-year[5] - The net profit for Q3 2022 was CNY 34,942,296.67, a decrease of 47.9% compared to CNY 67,029,840.50 in Q3 2021[20] - The total profit for Q3 2022 was CNY 51,495,606.20, down 35.2% from CNY 79,442,105.22 in the same period last year[20] - Operating profit for Q3 2022 was CNY 52,173,530.66, a decline of 38.7% compared to CNY 85,149,323.46 in Q3 2021[20] - The company reported a decrease in sales revenue from CNY 3,725,882,568.55 in the first nine months of 2021 to CNY 3,402,701,020.31 in the same period of 2022[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,241,131,282.79, a decrease of 6.02% from the end of the previous year[6] - The company's total assets as of September 30, 2022, were RMB 4,241,131,282.79, down from RMB 4,512,868,246.11 at the end of 2021[18] - Total liabilities decreased to RMB 2,756,908,635.39 from RMB 3,063,587,895.38 at the end of 2021, a reduction of approximately 10%[17] - The company's cash and cash equivalents as of September 30, 2022, were RMB 108,115,437.52, a significant decrease from RMB 269,920,363.81 at the end of 2021[15] - Accounts receivable increased to RMB 71,377,484.87 as of September 30, 2022, compared to RMB 69,733,366.29 at the end of 2021[15] - Inventory decreased to RMB 252,326,208.54 from RMB 315,621,465.98 at the end of 2021, indicating a reduction of approximately 20.1%[16] - Short-term borrowings increased to RMB 902,466,672.16 as of September 30, 2022, compared to RMB 686,342,342.10 at the end of 2021, reflecting a rise of 31.5%[17] - The company reported a decrease in total equity to RMB 1,484,222,647.40 as of September 30, 2022, compared to RMB 1,449,280,350.73 at the end of 2021[18] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥109,945,952.23, down 20.23%[6] - Cash flow from operating activities for the first nine months of 2022 was CNY 109,945,952.23, down 20.2% from CNY 137,830,086.42 in the same period of 2021[24] - Cash flow from investing activities for Q3 2022 resulted in a net outflow of CNY 230,616,077.59, compared to a net outflow of CNY 195,169,764.98 in Q3 2021[25] - Cash flow from financing activities in Q3 2022 showed a net outflow of CNY 71,685,420.74, an improvement from a net outflow of CNY 279,133,535.83 in Q3 2021[25] - The total cash and cash equivalents at the end of Q3 2022 was CNY 67,210,452.61, down from CNY 165,495,648.78 at the end of Q3 2021[25] Impact of External Factors - The company experienced significant impacts from the pandemic, with most stores being closed since early August, leading to a substantial drop in revenue[9] Return on Equity - The weighted average return on equity was -2.43%, a decrease of 2.90 percentage points compared to the previous year[6]