FULONGMA(SH:603686)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was CNY 1,287,959,165.59, a decrease of 11.50% year-on-year[6]. - The net profit attributable to shareholders for Q3 2022 was CNY 63,833,690.76, down 33.84% compared to the same period last year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2022 was CNY 54,571,868.15, a decline of 39.31% year-on-year[6]. - The main business revenue for the first nine months of 2022 was CNY 3.69 billion, a decrease of 12.10% year-on-year[8]. - Total operating revenue for the first three quarters of 2022 was ¥3,728,676,839.66, a decrease of approximately 11.8% compared to ¥4,227,056,494.44 in the same period of 2021[24]. - Net profit for the first three quarters of 2022 was ¥274,826,981.67, a decline of approximately 29.3% from ¥388,775,557.18 in the previous year[25]. - The total comprehensive income for the first three quarters of 2022 was ¥274,826,981.67, down from ¥388,775,557.18 in the previous year, reflecting a decrease of approximately 29.3%[26]. Earnings and Shares - The basic earnings per share for Q3 2022 was CNY 0.15, down 33.84% year-on-year[7]. - The diluted earnings per share for Q3 2022 was also CNY 0.15, reflecting the same decline[7]. - Earnings per share for the first three quarters of 2022 were ¥0.50, compared to ¥0.74 in the same period of 2021, indicating a decrease of about 32.4%[26]. Revenue Breakdown - The revenue from sanitation service business was CNY 2.63 billion, an increase of 5.33%, accounting for 71.30% of the main business revenue[8]. - The revenue from sanitation equipment was CNY 980 million, a decrease of 38.03%, accounting for 26.56% of the main business revenue[8]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 5,591,366,466.77, a slight increase of 0.05% from the end of the previous year[7]. - The company's current liabilities totaled RMB 1.874 billion, down from RMB 2.036 billion at the end of 2021, indicating improved liquidity[20]. - The total liabilities as of the end of the third quarter of 2022 amounted to ¥2,158,920,321.57, a decrease from ¥2,278,743,290.52 at the end of the previous year[24]. - The total equity attributable to shareholders was ¥3,125,809,061.39, an increase from ¥3,018,080,982.14 in the previous year, reflecting a growth of approximately 3.6%[24]. Cash Flow - The cash inflow from operating activities was CNY 3,616,376,447.30, a decrease of 7.3% compared to CNY 3,900,988,280.13 in the same period of 2021[28]. - The net cash flow from operating activities was negative at CNY -20,550,637.23, an improvement from CNY -181,715,542.36 in the previous year[28]. - The cash outflow for purchasing goods and services was CNY 1,682,904,340.10, down 18.2% from CNY 2,059,923,737.54 in the prior year[28]. - The net cash flow from investing activities was CNY -178,721,516.04, slightly worse than CNY -167,318,885.27 in the same period last year[29]. - Cash inflow from financing activities totaled CNY 169,246,328.41, a decrease of 31.4% compared to CNY 246,815,492.79 in 2021[29]. - The ending cash and cash equivalents balance was CNY 480,772,025.48, down from CNY 527,045,785.06 at the end of the previous year[29]. Market Performance - The company's market share in sanitation equipment was 4.33%, ranking fifth in the industry, while its market share for innovative and mid-to-high-end sanitation vehicles was 7.54%, ranking third[15]. - In the first three quarters of 2022, the company sold a total of 3,300 sanitation vehicles, with innovative and mid-to-high-end models accounting for 61.76% of total sales[16]. - The company's innovative sanitation vehicle sales in Q3 2022 were 710 units, representing 58.58% of total sales for that quarter[16]. - In the first three quarters of 2022, the total sales of sanitation vehicles in China were 65,776 units, a decrease of 12,937 units or 16.44% year-on-year[15]. Contracts and Projects - In the first three quarters of 2022, the company won 28 sanitation service projects with an annual contract value of RMB 412 million, totaling RMB 1.647 billion in contracts[14]. - As of the end of the reporting period, the company had a total annual contract value of RMB 3.985 billion in sanitation services, with a total contract amount of RMB 31.108 billion and a pending contract amount of RMB 1.8295 billion[14]. Research and Development - Research and development expenses for the first three quarters of 2022 were ¥40,501,185.49, slightly up from ¥38,686,689.58 in 2021, indicating a year-over-year increase of about 4.2%[24]. Investment Performance - The company reported an investment loss of ¥2,080,728.41 for the first three quarters of 2022, compared to a gain of ¥3,700,234.63 in the same period of 2021[24]. - The company's cash flow from investment activities included CNY 13,611,443.01 from recovering investments, significantly up from CNY 2,541,905.16 in the same period last year[29]. Deferred Income - The company’s deferred income as of the end of the third quarter of 2022 was ¥28,114,134.86, down from ¥30,206,141.75 in the previous year, indicating a decrease of about 6.9%[24].