五芳斋(603237) - 2022 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2022 was ¥454,769,119.01, representing a decrease of 14.45% compared to the same period last year[5] - The net profit attributable to shareholders was a loss of ¥13,958,315.43, with a year-to-date net profit of ¥228,415,989.46, down 19.23% year-on-year[5] - The basic and diluted earnings per share for the quarter were both -¥0.1663, a decrease of 22.12% compared to the previous year[6] - Total operating revenue for the first three quarters of 2022 was CNY 2,263,587,714.95, a decrease of 15.1% compared to CNY 2,667,531,360.51 in the same period of 2021[20] - Net profit for Q3 2022 was CNY 228,666,861.10, a decline of 19.3% from CNY 283,276,468.09 in Q3 2021[22] - Basic and diluted earnings per share for Q3 2022 were CNY 2.9151, down from CNY 3.7431 in Q3 2021[23] - The company reported a total comprehensive income of CNY 228,540,848.78 for Q3 2022, down from CNY 283,347,098.35 in Q3 2021[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,791,612,969.87, an increase of 61.25% from the end of the previous year[6] - Total assets as of September 30, 2022, are ¥2,791,612,969.87, compared to ¥1,731,183,130.90 at the end of 2021[17] - Total liabilities increased to ¥661,451,964.57 from ¥609,003,965.65 year-over-year[17] - Total liabilities as of Q3 2022 amounted to CNY 949,988,977.39, an increase of 7.9% from CNY 880,038,565.87 in the previous year[21] - Non-current assets decreased to ¥967,811,890.91 from ¥1,027,842,377.48 year-over-year[17] Shareholder Information - Shareholders' equity attributable to the company was ¥1,839,246,692.48, up 116.57% compared to the previous year-end[6] - Total number of common shareholders at the end of the reporting period is 18,579[13] - The largest shareholder, Wufangzhai Group, holds 30,493,283 shares, accounting for 30.27% of total shares[13] - Total equity attributable to shareholders reached CNY 1,839,246,692.48, up 116.5% from CNY 849,263,809.79 in Q3 2021[21] Cash Flow - The cash flow from operating activities for the year-to-date was ¥388,673,116.80, reflecting a decrease of 10.28%[6] - Cash inflow from operating activities for the first three quarters of 2022 was CNY 2,418,663,796.61, a decrease from CNY 2,754,586,543.94 in the same period of 2021[24] - The net cash flow from operating activities for Q3 2022 was approximately $388.67 million, a decrease from $433.20 million in Q3 2021, representing a decline of about 10.5%[25] - The total cash inflow from investing activities was approximately $262.01 million, down from $904.88 million in the previous year, indicating a decrease of about 71%[25] - The net cash flow from investing activities was negative at approximately -$138.53 million, compared to -$107.94 million in Q3 2021[25] - The cash inflow from financing activities totaled approximately $988.18 million, significantly higher than $152.13 million in Q3 2021, marking an increase of about 549%[25] - The net cash flow from financing activities was approximately $781.95 million, a substantial improvement from -$291.93 million in the same quarter last year[25] - The total cash and cash equivalents at the end of Q3 2022 amounted to approximately $1.29 billion, compared to $443.38 million at the end of Q3 2021, reflecting a significant increase of about 190%[25] Operational Insights - The company maintained stable gross margins, contributing to a reduction in losses compared to the previous year[11] - The increase in total assets was primarily due to funds raised from the public offering and an increase in cash reserves[11] - The company is focused on improving quality and efficiency to enhance profitability moving forward[11] - The company reported a total inventory of ¥224,473,565.16, down from ¥315,112,154.99[16] - The company has no short-term borrowings reported as of September 30, 2022[17] - The company has plans for market expansion and new product development, although specific details were not disclosed in the provided content[15] - Research and development expenses increased to CNY 14,120,284.45 in Q3 2022, compared to CNY 7,978,322.27 in Q3 2021, reflecting a growth of 77.1%[21] Other Financial Metrics - Non-recurring gains and losses for the quarter totaled ¥2,866,267.84, with significant losses attributed to COVID-19 related disruptions amounting to ¥5,717,883.93[9] - Deferred income increased to CNY 11,335,742.87 in Q3 2022, compared to CNY 7,504,003.96 in Q3 2021, indicating a growth of 51.5%[21] - The cash flow from operating activities showed a decrease, while financing activities saw a substantial increase, indicating a shift in the company's financial strategy[25] - The company reported a cash outflow from investing activities, suggesting a potential reduction in capital expenditures or investment activities[25] - The impact of exchange rate fluctuations resulted in a positive effect of approximately $675,320 on cash and cash equivalents[25] - The company did not apply new accounting standards or interpretations for the first time in 2022, maintaining consistency in financial reporting[26]