LIBA(SH:603519)2022-10-17 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥339,839,969.34, representing a decrease of 16.68% compared to the same period last year[5]. - Net profit attributable to shareholders was ¥184,725,317.88, an increase of 707.61% year-on-year[5]. - The basic earnings per share for the period was ¥0.69, reflecting a significant increase of 666.67% compared to the previous year[6]. - The net profit for Q3 2022 was CNY 501,843,390.71, a significant increase compared to CNY 74,888,712.92 in Q3 2021, representing a growth of approximately 572%[19]. - The operating profit for Q3 2022 reached CNY 584,039,495.24, compared to CNY 83,681,957.48 in the same period last year, indicating a substantial increase[19]. - The total tax expenses for Q3 2022 were CNY 82,193,948.11, compared to CNY 7,454,080.15 in Q3 2021, indicating a substantial increase in tax obligations[19]. Assets and Liabilities - The total assets of the company reached ¥1,793,629,966.94, marking a growth of 38.64% from the end of the previous year[6]. - Total assets as of September 30, 2022, reached CNY 1,793,629,966.94, compared to CNY 1,293,771,472.17 at the end of 2021, reflecting robust growth[17]. - Total liabilities increased to CNY 572,044,552.57 from CNY 467,498,312.91 year-over-year, indicating a rise in financial obligations[17]. Shareholder Information - The company had a total of 9,824 common shareholders at the end of the reporting period[12]. - The top shareholder, Lu Fengxian, held 25.92% of the shares, totaling 69,039,049 shares[12]. - The equity attributable to shareholders increased to ¥1,221,585,414.37, up 47.84% year-on-year[6]. Cash Flow and Investments - The net cash flow from operating activities for the year-to-date was ¥138,932,668.52, showing a substantial increase of 1,376.53%[6]. - The net cash flow from operating activities for the first three quarters of 2022 was CNY 138,932,668.52, a significant increase from CNY 9,409,379.42 in the same period of 2021[21]. - The company reported a net cash outflow from investing activities of CNY -5,861,538.04 for the first three quarters of 2022, an improvement compared to CNY -37,762,796.56 in the previous year[22]. - The company received CNY 103,100,000.00 from investment activities in the first three quarters of 2022, a notable increase from CNY 14,000,000.00 in the same period last year[21]. Operational Efficiency - Total operating revenue for the first three quarters of 2022 was CNY 1,073,839,092.15, a decrease of 6.86% compared to CNY 1,152,862,015.61 in the same period of 2021[18]. - Total operating costs for the first three quarters of 2022 were CNY 966,934,575.68, down 9.30% from CNY 1,066,047,957.86 in the previous year[18]. - The company reported a decrease in inventory from CNY 119,137,609.29 to CNY 112,248,440.95, suggesting better inventory management[15]. - The company reported non-recurring gains of ¥157,183,745.05 for the current period, primarily due to investment income from equity investments[9]. Strategic Focus - Long-term equity investments rose significantly to CNY 729,008,665.81 from CNY 250,517,938.03 at the end of 2021, indicating a strategic focus on long-term growth[15]. - The weighted average return on equity increased by 39.17 percentage points, attributed to the investment in Tuo Jing Technology Co., Ltd.[10]. - The company has not disclosed any new product developments or market expansion strategies in the current report[14].