HAI TIAN(SH:603288)2022-10-26 16:00Financial Performance - The company's revenue for Q3 2022 was CNY 5,562,145,426.53, a decrease of 1.77% compared to the same period last year[2]. - Net profit attributable to shareholders was CNY 1,273,777,239.48, down 5.99% year-on-year[2]. - The net profit excluding non-recurring gains and losses was CNY 1,204,047,995.29, a decline of 9.52% compared to the previous year[2]. - The net profit for Q3 2022 was CNY 884,244,383.25, an increase from CNY 829,609,178.70 in Q3 2021, representing a growth of approximately 6.6%[16]. - Operating profit for Q3 2022 was CNY 5,544,255,718.45, slightly up from CNY 5,535,330,737.67 in Q3 2021, showing a marginal increase[16]. - The company's total comprehensive income attributable to shareholders of the parent company for Q3 2022 was CNY 4,667,097,322.75, down from CNY 4,707,638,893.22 in Q3 2021[17]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 32,682,550,909.27, a decrease of 1.97% from the end of the previous year[3]. - Total assets decreased to CNY 32,682,550,909.27 from CNY 33,337,724,549.58, a decline of 2.0%[12]. - Total liabilities decreased to CNY 7,330,828,932.40 from CNY 9,837,875,983.20, a reduction of 25.5%[14]. - The company's equity attributable to shareholders increased to CNY 24,867,056,904.38 from CNY 23,401,517,470.83, showing a growth of 6.3%[14]. - Non-current assets totaled CNY 6,827,293,451.53, an increase from CNY 5,758,851,287.86, reflecting a growth of 18.5%[12]. Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 1,418,855,261.23, down 45.63% compared to the previous year[5]. - The cash flow from operating activities for the first three quarters of 2022 was CNY 1,418,855,261.23, down from CNY 2,609,587,415.89 in the same period of 2021, reflecting a decrease of approximately 45.6%[18]. - The company reported a net cash flow from investment activities of CNY 1,403,480,544.44 in the first three quarters of 2022, a significant recovery from a net outflow of CNY -2,949,671,418.10 in the same period of 2021[19]. - The cash flow from financing activities for Q3 2022 was negative at CNY -3,094,562,437.78, compared to CNY -2,901,773,724.37 in Q3 2021, indicating a worsening cash flow situation[19]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 165,164[6]. - Guangdong HaTian Group Co., Ltd. held 58.26% of the shares, making it the largest shareholder[6]. Revenue and Costs - Total operating revenue for the first three quarters of 2022 reached CNY 19,094,298,269.20, an increase of 6.1% compared to CNY 17,994,409,674.94 in the same period of 2021[15]. - Total operating costs for the same period were CNY 13,759,767,906.54, up from CNY 12,617,153,369.93, reflecting a year-on-year increase of 9.0%[15]. - The total revenue for the first three quarters of 2022 reached CNY 19,362,937,579.33, compared to CNY 18,280,965,434.27 in the same period of 2021, indicating a year-over-year increase of about 5.9%[18]. Other Information - The company has not disclosed any new product developments or market expansion strategies in this report[7]. - Cash and cash equivalents as of September 30, 2022, were CNY 17,730,265,128.79, down from CNY 19,813,767,427.18 at the end of 2021, indicating a decrease of 10.5%[10]. - Accounts receivable increased significantly to CNY 193,581,701.19 from CNY 56,045,139.23, marking a rise of 245.5%[10]. - Inventory levels remained stable at CNY 2,219,555,667.56, slightly down from CNY 2,226,818,960.68[10]. - The basic earnings per share for Q3 2022 was CNY 1.01, slightly down from CNY 1.02 in Q3 2021[17]. - The total cash and cash equivalents at the end of Q3 2022 were CNY 13,728,571,470.27, compared to CNY 12,274,822,812.50 at the end of Q3 2021, indicating an increase of approximately 11.9%[19]. - The company recorded a total profit of CNY 5,555,840,726.38 for Q3 2022, compared to CNY 5,539,280,148.08 in Q3 2021, showing a slight increase[16].