BGE(SH:603588)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was RMB 2,193,184,115.20, representing a year-over-year increase of 3.75%[6] - The net profit attributable to shareholders for Q3 2022 was RMB 158,195,661.42, a decrease of 18.09% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 134,059,232.92, down 26.65% year-over-year[6] - The basic earnings per share for Q3 2022 was RMB 0.116, reflecting a decrease of 23.42% compared to the same period last year[8] - Net profit for the third quarter was CNY 655,396,916.06, an increase from CNY 642,043,106.86 in the same period last year, representing a growth of approximately 2.1%[30] - Operating profit for the quarter was CNY 707,461,184.70, slightly down from CNY 720,509,295.23 year-over-year, indicating a decrease of about 1.5%[30] - Total comprehensive income for the period reached CNY 655,396,916.06, compared to CNY 642,043,106.86 in the previous year, reflecting an increase of approximately 2.1%[30] - Basic and diluted earnings per share for the quarter were both CNY 0.461, consistent with the previous year's CNY 0.460[30] Assets and Liabilities - The total assets at the end of Q3 2022 amounted to RMB 21,845,184,101.62, an increase of 26.03% from the end of the previous year[8] - The company's total liabilities as of September 30, 2022, were ¥12,381,760,612.99, an increase from ¥11,120,550,830.37 as of the end of 2021[23] - The total equity attributable to shareholders at the end of Q3 2022 was RMB 8,814,052,573.54, reflecting a year-over-year increase of 60.45%[8] - The total equity attributable to shareholders increased to ¥8,814,052,573.54 from ¥5,493,419,354.32, reflecting a growth of approximately 60.5%[25] Cash Flow - The net cash flow from operating activities for the year-to-date period was RMB 654,506,610.05, showing a significant increase of 60.90% year-over-year[6] - Cash flow from operating activities generated a net amount of CNY 654,506,610.05, up from CNY 406,775,800.70 in the same period last year, showing a significant increase of approximately 60.8%[36] - Cash flow from investing activities resulted in a net outflow of CNY 1,707,087,643.86, compared to a net outflow of CNY 1,197,524,015.85 in the previous year, indicating a larger investment in growth initiatives[36] - Cash flow from financing activities yielded a net inflow of CNY 2,426,329,394.89, a substantial increase from CNY 353,416,158.25 year-over-year, reflecting strong financing activities[36] Revenue and Costs - Total revenue for the first three quarters of 2022 reached ¥6,190,168,251.67, compared to ¥5,485,317,880.16 in the same period of 2021, reflecting a year-over-year growth of approximately 12.8%[25] - The total operating costs for the first three quarters of 2022 were ¥5,650,519,110.57, up from ¥4,869,452,717.85 in 2021, indicating an increase of about 16%[25] - Total revenue from sales of goods and services for the first nine months was CNY 5,981,022,711.53, compared to CNY 5,768,344,748.70 in the same period last year, marking an increase of approximately 3.7%[35] Research and Development - Research and development expenses for the first three quarters of 2022 amounted to ¥161,539,230.96, compared to ¥129,785,442.00 in the previous year, representing a growth of approximately 24.5%[25] Inventory and Receivables - The company's inventory as of September 30, 2022, was ¥1,786,176,286.68, up from ¥1,245,646,365.14, indicating an increase of about 43.3%[20] - The accounts receivable decreased slightly to ¥1,317,288,075.66 from ¥1,381,115,446.04, showing a decline of approximately 4.6%[20] Non-Recurring Gains and Other Income - The company reported non-recurring gains of RMB 24,136,428.50 for Q3 2022, with total non-recurring gains for the year-to-date period amounting to RMB 53,191,908.51[11] - The company reported a significant increase in other income, rising to CNY 48,120,214.78 from CNY 37,698,563.73, which is an increase of about 27.5%[30] - Investment income for the quarter was CNY 102,361,706.90, up from CNY 91,212,471.82, reflecting a growth of approximately 12.6%[30] Accounting Standards - The company has implemented new accounting standards starting from 2022, affecting the financial statements from the beginning of the year[38] - The financial report is not applicable for the adjustments related to the new accounting standards[39]