GSDC(SH:603458)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥345,783,674.95, a decrease of 50.23% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2022 was ¥49,951,637.54, down 63.55% year-on-year[2] - The basic earnings per share for Q3 2022 was ¥0.17, a decline of 61.36% compared to the previous year[2] - The net profit excluding non-recurring gains and losses for Q3 2022 was ¥48,297,660.22, a decrease of 63.35% year-on-year[2] - In Q3 2022, the company's net profit was CNY 138,805,269.81, a decrease of 52.7% compared to CNY 292,845,341.53 in Q3 2021[19] - The total profit for Q3 2022 was CNY 160,815,398.02, down from CNY 349,161,092.92 in the same period last year, representing a decline of 53.9%[19] - The company's operating profit for Q3 2022 was CNY 160,932,892.69, compared to CNY 349,577,841.53 in Q3 2021, reflecting a decrease of 54.0%[19] - The company reported a total comprehensive income of CNY 136,759,797.57 in Q3 2022, down from CNY 294,485,859.09 in Q3 2021, a decrease of 53.6%[20] - Basic earnings per share for Q3 2022 were CNY 0.43, compared to CNY 0.93 in Q3 2021, a decline of 53.8%[20] Assets and Liabilities - The total assets at the end of Q3 2022 were ¥7,250,529,785.53, a decrease of 4.99% from the end of the previous year[3] - Total assets as of the end of Q3 2022 were CNY 7,250,529,785.53, down from CNY 7,631,375,851.17 at the end of Q3 2021[16] - Total liabilities as of the end of Q3 2022 were CNY 3,857,782,948.99, a decrease from CNY 4,272,653,262.69 in the same period of 2021[15] - Current assets totaled CNY 5,292,946,776.41, down from CNY 5,658,129,592.33 in the previous year[16] - Current liabilities amounted to CNY 3,361,922,066.50, a decrease from CNY 3,627,454,888.74 in the same period of 2021[15] - The company reported a decrease in accounts receivable to CNY 2,344,427,005.88 from CNY 2,185,829,748.55 year-over-year[16] - The company maintained a goodwill value of CNY 78,767,226.52, unchanged from the previous year[16] Cash Flow - The company reported a net cash flow from operating activities of ¥109,936,270.02 for Q3 2022, which is not applicable for comparison[2] - The cash flow from operating activities for the first nine months of 2022 was CNY 1,381,473,497.63, down from CNY 1,483,538,516.61 in the same period of 2021, a decline of 6.9%[22] - The net cash flow from operating activities in Q3 2022 was CNY -204,744,849.81, an improvement from CNY -235,539,043.45 in Q3 2021[23] - The company's cash and cash equivalents at the end of Q3 2022 were ¥615,349,980.86, down from ¥1,162,952,295.25 at the end of 2021[13] - The cash and cash equivalents at the end of Q3 2022 were CNY 591,914,204.18, down from CNY 672,447,003.77 at the end of Q3 2021[24] Contracts and Revenue - The total new contracts signed from January to September 2022 amounted to ¥2,825,790,000, with engineering consulting accounting for 53.24% of the total[12] - The proportion of new contracts by industry shows that the highway sector accounted for 39.38% of the total contracts signed in the first nine months of 2022[12] - Total operating revenue for the first three quarters of 2022 was CNY 1,435,409,665.44, a decrease of 34.7% compared to CNY 2,199,632,868.82 in the same period of 2021[17] - Total operating costs for the first three quarters of 2022 were CNY 1,190,718,722.99, down 32.4% from CNY 1,766,400,998.59 in the previous year[17] - Research and development expenses for the first three quarters of 2022 amounted to CNY 50,049,930.93, a decrease of 25.7% compared to CNY 67,386,711.99 in the same period of 2021[17] Impairment and Investments - The company incurred a credit impairment loss of CNY -84,940,708.35 in Q3 2022, compared to CNY -52,284,978.83 in Q3 2021, indicating a significant increase in losses[19] - The total cash outflow from investing activities in Q3 2022 was CNY 376,608,386.03, compared to CNY 187,789,768.42 in Q3 2021, reflecting a substantial increase in investment expenditures[23]