Wellhope(SH:603609)2022-10-25 16:00Financial Performance - The company's operating revenue for Q3 2022 was approximately ¥9.73 billion, representing a year-over-year increase of 19.89%[5] - The net profit attributable to shareholders for the same period was approximately ¥303 million, with a significant increase of 625.67% year-to-date[5] - The basic earnings per share for Q3 2022 was ¥0.34, reflecting a year-to-date increase of 680.00%[5] - Total operating revenue for the first three quarters of 2022 reached RMB 23.52 billion, an increase of 8.06% compared to RMB 21.76 billion in the same period of 2021[27] - Net profit for the first three quarters of 2022 was RMB 366.21 million, a significant turnaround from a net loss of RMB 27.94 million in the same period of 2021[27] - Operating profit increased to RMB 453.82 million, compared to RMB 120.71 million in the first three quarters of 2021, reflecting a growth of 275.5%[27] - Total comprehensive income for the first three quarters of 2022 was RMB 365.43 million, compared to a loss of RMB 38.30 million in the same period of 2021[28] - Basic earnings per share for the first three quarters of 2022 were RMB 0.39, up from RMB 0.05 in the same period of 2021[28] Assets and Liabilities - Total assets at the end of Q3 2022 reached approximately ¥15.22 billion, an increase of 17.33% compared to the end of the previous year[8] - Total liabilities reached RMB 7,067,737,905.44, up from RMB 5,458,902,516.24, indicating a rise of 29.5%[22] - Non-current liabilities increased to RMB 2,713,249,450.82 from RMB 1,479,918,010.00, a significant increase of 83.4%[22] - Total assets amounted to RMB 15,220,021,183.88, compared to RMB 12,971,506,159.72, showing a growth of 17.3%[22] - The company's equity attributable to shareholders rose to RMB 7,043,104,494.02 from RMB 6,464,358,869.77, an increase of 8.9%[22] - The company reported a total of RMB 4,826,783,814.29 in undistributed profits, up from RMB 4,473,531,926.28, reflecting a growth of 7.9%[22] Cash Flow - The net cash flow from operating activities for the year-to-date period was approximately -¥227.95 million, indicating a negative cash flow situation[5] - Cash flow from operating activities showed a net outflow of RMB 227.95 million, slightly worse than the outflow of RMB 222.52 million in the same period of 2021[33] - Net cash flow from financing activities increased to $1,058,842,054.75 from $907,782,482.84, representing a growth of approximately 16.6% year-over-year[35] - Total cash and cash equivalents at the end of the period reached $1,585,048,797.03, up from $1,141,356,696.91, indicating a significant increase of about 39.0%[35] - Cash and cash equivalents net increase amounted to $386,775,235.12, compared to a decrease of $44,840,946.13 in the previous year[35] - Cash outflow from financing activities totaled $2,070,866,085.74, an increase from $1,873,140,321.03, reflecting a rise of approximately 10.5%[35] - The impact of exchange rate changes on cash and cash equivalents was positive at $2,787,862.17, contrasting with a negative impact of $96,489.50 in the prior year[35] Shareholder Information - The company has a total of 27,808 common shareholders as of the end of the reporting period[15] Government Subsidies - The company reported a government subsidy of approximately ¥9.25 million recognized in the current period, contributing positively to the financial results[10] Research and Development - Research and development expenses decreased to RMB 60.42 million, down from RMB 67.78 million in the previous year, indicating a reduction of 10.0%[27] Market and Product Development - The company has not disclosed any new product developments or market expansion strategies in the current report[19]