YANGYUAN(SH:603156)2022-10-28 16:00Financial Performance - Q3 2022 revenue was CNY 1,435,329,434.76, a decrease of 10.31% year-over-year, and year-to-date revenue was CNY 4,184,987,913.24, down 16.50% compared to the same period last year[4] - Net profit attributable to shareholders for Q3 2022 was CNY 313,882,360.29, a decline of 33.40% year-over-year, with year-to-date net profit at CNY 1,007,545,345.45, down 38.20%[4] - Basic earnings per share for Q3 2022 was CNY 0.2481, a decrease of 33.38%, while year-to-date basic earnings per share was CNY 0.7962, down 38.20%[5] - Total operating revenue for Q3 2022 was approximately ¥4.18 billion, a decrease of 16.5% compared to ¥5.01 billion in the same period of 2021[18] - Net profit for Q3 2022 was approximately ¥1.01 billion, a decline of 38.1% from ¥1.63 billion in Q3 2021[21] - Total profit for Q3 2022 was approximately ¥1.37 billion, a decrease of 33.5% compared to ¥2.05 billion in Q3 2021[20] - Comprehensive income for Q3 2022 was approximately ¥1.04 billion, compared to ¥1.63 billion in Q3 2021, indicating a decline of 36.3%[24] Cash Flow and Assets - The net cash flow from operating activities for the year-to-date period was CNY -584,198,815.04, reflecting a significant decrease in cash received from sales compared to the previous year[5] - Cash inflow from operating activities for the first three quarters of 2022 was approximately ¥3.34 billion, down 17.7% from ¥4.06 billion in the same period of 2021[25] - The ending cash and cash equivalents balance was 574,849,914.24, down from 786,104,760.93 in the previous year[27] - Total cash outflow from operating activities was 3,924,152,469.86, slightly decreased from 3,954,525,538.99 year-over-year[26] - The company's cash and cash equivalents increased to RMB 579.74 million from RMB 529.20 million, reflecting a growth of approximately 9.0%[14] - Total assets at the end of the reporting period were CNY 12,629,439,417.94, a decrease of 20.49% from the end of the previous year[5] - Current assets totaled RMB 8.70 billion, down from RMB 12.22 billion in the previous year, indicating a decrease of about 28.5%[14] - Total liabilities decreased to RMB 1.66 billion from RMB 3.42 billion, a reduction of about 51.5%[16] Shareholder Information - Shareholders' equity attributable to shareholders at the end of the reporting period was CNY 10,966,908,776.04, down 12.00% from the end of the previous year[5] - The total number of common shareholders at the end of the reporting period was 26,875[10] - The company's equity attributable to shareholders was RMB 10.97 billion, down from RMB 12.46 billion, showing a decline of approximately 12.1%[16] Expenses and Investments - Total operating costs for Q3 2022 were approximately ¥3.01 billion, down 8.7% from ¥3.30 billion in Q3 2021[18] - Research and development expenses for Q3 2022 were approximately ¥22.86 million, a slight decrease from ¥24.21 million in Q3 2021[18] - Other income for Q3 2022 was approximately ¥95.89 million, down from ¥111.82 million in Q3 2021[18] - The company paid 892,102,298.55 in taxes, an increase from 699,925,602.46 in the previous year[26] - The cash paid to employees was 173,487,089.43, compared to 170,147,512.60 in the previous year[26] Future Outlook - The decline in net profit was primarily attributed to a decrease in revenue, impacting both net profit and net profit excluding non-recurring items[9] - The company plans to focus on market expansion and new product development to drive future growth[17]