GOODIX(SH:603160)2022-10-26 16:00Financial Performance - Q3 2022 revenue was CNY 691,981,586.83, a decrease of 43.75% year-over-year[4] - Net profit attributable to shareholders was a loss of CNY 120,589,519.60, down 161.86% compared to the same period last year[4] - Basic earnings per share were CNY -0.27, reflecting a decline of 162.79% year-over-year[5] - Total operating revenue for the first three quarters of 2022 was CNY 2,520,769,609.11, a decrease from CNY 4,140,078,819.87 in the same period of 2021, representing a decline of approximately 39.1%[18] - The net profit for Q3 2022 was a loss of CNY 99,500,911.50, compared to a profit of CNY 615,438,286.22 in Q3 2021, reflecting a significant decline in profitability[19] - Basic earnings per share for Q3 2022 were -CNY 0.22, compared to CNY 1.36 in Q3 2021[20] - In Q3 2022, the total comprehensive income attributable to the parent company was CNY 68,209,935.36, a significant decrease from CNY 608,313,829.15 in the same period last year[20] Cash Flow and Liquidity - Cash flow from operating activities was negative CNY 750,584,768.10, a decrease of 513.63% compared to the previous year[5] - The net cash flow from operating activities for the first nine months of 2022 was -CNY 750,584,768.10, compared to a positive CNY 181,464,918.97 in the previous year[22] - Cash inflow from operating activities totaled CNY 3,614,177,281.22, down from CNY 4,920,451,358.73 year-over-year[22] - The total cash outflow from operating activities was CNY 4,364,762,049.32, compared to CNY 4,738,986,439.76 in the previous year[22] - The company’s cash and cash equivalents decreased significantly, impacting liquidity and operational flexibility moving forward[19] - Total cash and cash equivalents at the end of the period were CNY 1,236,516,861.86, down from CNY 1,713,567,352.99 at the end of the previous year[23] Assets and Liabilities - Total assets at the end of the period were CNY 10,360,003,678.31, down 3.42% from the previous year[5] - The total liabilities as of Q3 2022 were CNY 1,885,698,218.95, down from CNY 2,033,292,315.34 in the previous year, indicating a reduction of about 7.3%[17] - The total current liabilities as of Q3 2022 were CNY 1,539,129,449.65, a slight decrease from CNY 1,607,374,791.02 in the previous year, indicating a reduction of about 4.2%[17] - The company's cash and cash equivalents were CNY 2,821,451,116.06, compared to CNY 2,711,626,624.63 in the previous year[14] - The inventory increased significantly to CNY 1,975,954,346.96 from CNY 974,571,146.67 year-over-year[15] - Accounts receivable decreased to CNY 465,831,986.36 from CNY 1,105,214,983.86 year-over-year, indicating improved collection efficiency[15] Shareholder Information - The company had a total of 85,268 common shareholders at the end of the reporting period[10] - The company has a major shareholder, Zhang Fan, holding 45.04% of the shares, with a total of 206,296,376 shares[12] - The company is actively managing its shareholder structure, with no significant changes in the top ten shareholders' holdings[12] Operating Costs and Expenses - Total operating costs for the first three quarters of 2022 amounted to CNY 2,802,285,792.42, down from CNY 3,778,536,801.90 in 2021, indicating a reduction of about 26%[18] - Research and development expenses for the first three quarters of 2022 were CNY 1,079,484,744.13, compared to CNY 1,283,140,110.39 in the same period of 2021, showing a decrease of approximately 15.9%[18] - The company's interest expenses for Q3 2022 were CNY 12,777,984.34, compared to CNY 10,694,853.68 in Q3 2021, reflecting an increase of approximately 19.5%[19] Other Financial Metrics - The decline in revenue was primarily due to decreased customer demand and intensified market competition[9] - The company reported non-recurring gains of CNY 21,707,177.92 for the current period[8] - The weighted average return on equity was -1.42%, a decrease of 3.81 percentage points year-over-year[5] - The company reported a significant increase in other comprehensive income, with a net amount of CNY 167,712,475.67 in Q3 2022, compared to a loss of CNY 7,124,389.83 in Q3 2021[19] - The company reported a net cash flow from investing activities of CNY 1,130,258,277.94, contrasting with a negative cash flow of -CNY 439,292,029.62 in the same period last year[23] - The net cash flow from financing activities was -CNY 341,141,457.75, compared to -CNY 93,704,881.07 in the previous year[23]