JINHUIINC.(SH:603132)2022-10-17 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥242,860,971.45, a decrease of 10.91% compared to the same period last year[6] - The net profit attributable to shareholders for Q3 2022 was ¥66,253,197.23, down 24.35% year-on-year[6] - The basic earnings per share for Q3 2022 was ¥0.07, reflecting a decline of 30.00% compared to the previous year[6] - The company's total revenue for the first three quarters of 2022 was RMB 872,435,059.32, a decrease of 2.1% compared to RMB 894,073,386.12 in the same period of 2021[24] - Net profit for the first three quarters of 2022 was RMB 306,957,072.75, down from RMB 324,530,799.26 in the previous year, representing a decline of approximately 5.4%[27] - The company reported a basic earnings per share of RMB 0.32 for the first three quarters of 2022, down from RMB 0.37 in the same period of 2021[26] - The company's total revenue for the first three quarters of 2022 was CNY 872,670,257.01, a decrease of 2.4% compared to CNY 894,514,000.10 in the same period of 2021[40] - The net profit for the first three quarters of 2022 was CNY 309,344,101.26, down from CNY 326,418,953.49 in the previous year, reflecting a decline of approximately 5.2%[42] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period was ¥436,417,791.23, down 21.29% year-on-year[6] - The cash flow from operating activities for the first three quarters of 2022 was RMB 436,417,791.23, compared to RMB 554,441,680.26 in the same period of 2021, indicating a decrease of about 21.3%[31] - The cash inflow from operating activities totaled RMB 1,012,367,488.69 for the first three quarters of 2022, compared to RMB 1,063,036,747.69 in the same period of 2021, reflecting a decrease of about 4.8%[31] - The cash flow from operating activities for the first three quarters of 2022 was CNY 437,907,048.72, down from CNY 605,867,714.49 in the same period of 2021, a decline of 27.7%[45] - Cash and cash equivalents at the end of the reporting period increased to CNY 446,402,055.95, compared to CNY 250,413,164.24 at the end of the previous year, marking an increase of 78.3%[doc id='32'] - Cash and cash equivalents at the end of the period totaled $437.20 million, an increase from $241.00 million year-over-year[47] - The net increase in cash and cash equivalents was $199.79 million, compared to $215.65 million in the previous period[47] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,822,340,746.18, an increase of 3.78% from the end of the previous year[6] - As of September 30, 2022, total assets amounted to RMB 4,822,340,746.18, an increase from RMB 4,646,889,247.01 as of December 31, 2021[18] - The total liabilities decreased to RMB 1,664,085,322.03 as of September 30, 2022, down from RMB 2,407,498,355.30 at the end of 2021, indicating a reduction of about 30.8%[22] - The company's total liabilities decreased to CNY 1,761,404,902.46 from CNY 2,503,672,205.06, indicating a reduction of 29.6%[39] Equity and Investments - The total equity attributable to shareholders increased by 41.03% to ¥3,158,255,424.15 compared to the end of the previous year[6] - The company's short-term borrowings significantly decreased to RMB 270,335,000.00 as of September 30, 2022, from RMB 811,457,559.69 at the end of 2021, a reduction of approximately 66.7%[22] - The company’s long-term equity investments increased to CNY 132,246,602.07 from CNY 130,246,602.07, showing a modest growth of 1.5%[35] Government Subsidies and Other Income - The company received government subsidies amounting to ¥16,688.26 in Q3 2022, contributing to its non-recurring gains[8] Research and Development - The company’s research and development expenses for the first three quarters of 2022 were CNY 30,478,939.47, slightly down from CNY 31,414,546.52 in the same period of 2021[40] Changes in Accounting Standards - The company has adopted new accounting standards starting from 2022, which may affect the financial statements[47]