TKD(SH:603738)2022-10-28 16:00Financial Performance - Revenue for Q3 2022 was CNY 207,542,748.36, a decrease of 37.97% compared to the same period last year[4] - Net profit attributable to shareholders for Q3 2022 was CNY 43,081,729.70, down 42.98% year-over-year[4] - Basic earnings per share for Q3 2022 was CNY 0.16, a decline of 60.00% compared to the previous year[4] - Total operating revenue for the first three quarters of 2022 was approximately ¥732.71 million, a decrease of 18.4% compared to ¥897.92 million in the same period of 2021[17] - Operating profit for the first three quarters of 2022 was approximately ¥209.53 million, an increase of 3.0% from ¥201.93 million in 2021[17] - Net profit for the first three quarters of 2022 was approximately ¥180.56 million, up 6.5% from ¥170.16 million in the same period of 2021[18] - Basic earnings per share for the first three quarters of 2022 was ¥0.81, down from ¥0.96 in 2021[18] Assets and Liabilities - Total assets at the end of Q3 2022 were CNY 2,044,977,348.21, a decrease of 3.23% from the end of the previous year[5] - The company's current assets totaled RMB 1,141,716,349.58, down from RMB 1,208,282,065.92 at the end of 2021, indicating a decrease of about 5.5%[13] - Total liabilities decreased to RMB 252,666,034.94 from RMB 444,989,597.89, marking a significant reduction of about 43.3%[14] - The company's long-term investments decreased to RMB 10,579,400.02 from RMB 13,896,216.42, a decline of about 23.5%[13] Shareholders' Equity - Shareholders' equity attributable to the parent company increased by 7.50% to CNY 1,775,870,119.29 compared to the end of the previous year[5] - The company's equity attributable to shareholders increased to RMB 1,775,870,119.29 from RMB 1,651,950,637.75, showing an increase of approximately 7.5%[14] Cash Flow - Cash flow from operating activities for the year-to-date increased by 40.69% to CNY 263,164,296.70[4] - Cash flow from operating activities for the first three quarters of 2022 was approximately ¥263.16 million, an increase of 40.7% compared to ¥187.06 million in 2021[21] - Cash inflow from operating activities totaled approximately ¥748.30 million in 2022, compared to ¥687.94 million in 2021, reflecting a growth of 8.7%[21] - The cash and cash equivalents at the end of the period were ¥660,146,160.19, down from ¥667,707,675.70 at the beginning of the period, resulting in a net decrease of ¥7,561,515.51[22] Operational Insights - The decline in revenue was primarily attributed to market conditions and a decrease in customer orders due to the pandemic[7] - The company plans to focus on improving operational efficiency and exploring new market opportunities in the upcoming quarters[7] Other Financial Information - Non-recurring gains and losses for Q3 2022 totaled CNY 5,331,644.06, significantly lower than CNY 33,061,622.44 for the same period last year[6] - The company reported a financial assistance of RMB 21,464,050.89 to Shenzhen Penghe Precision Technology Co., Ltd., which remains unpaid as of the reporting date[11] - The company has recognized a bad debt provision in accordance with accounting prudence for the outstanding amount owed by Shenzhen Penghe[11] - The company's inventory increased to RMB 201,757,861.56 from RMB 178,590,737.14, reflecting an increase of approximately 12.9%[13] - Other income for the first three quarters of 2022 was approximately ¥14.46 million, significantly higher than ¥5.26 million in 2021, marking an increase of 174.5%[17] - The company reported a net cash outflow from investing activities of approximately ¥15.09 million in 2022, compared to an inflow of ¥2.40 million in 2021[21] - The total cash outflow from investment activities amounted to ¥111,486,370.60, with a net cash flow from investment activities of -¥96,393,147.60[22] - The total cash inflow from financing activities was ¥862,718,731.75, while the net cash flow from financing activities was -¥190,151,085.21[22] - The company received ¥638,722,731.75 from investment absorption, including cash from minority shareholders[22] - The company paid ¥100,000,000.00 for debt repayment and ¥77,893,395.21 for dividend distribution during the financing activities[22] - The impact of exchange rate changes on cash and cash equivalents was an increase of ¥15,818,420.60[22] - The company reported a significant increase in cash equivalents compared to the previous period, which was ¥686,433,015.10[22] - The company has not adopted new accounting standards or interpretations for the current year[22] - The financial report was presented by the company’s management team, including the head of accounting and the accounting institution head[22]