QA(SH:603758)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥262,554,588.17, a decrease of 26.93% compared to the same period last year[5] - The net profit attributable to shareholders for the same period was ¥26,166,816.22, with a year-to-date net profit of ¥102,918,348.81, reflecting a 13.63% increase[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥23,839,895.77, down 39.82% year-on-year[5] - The basic earnings per share for Q3 2022 was ¥0.06, while the diluted earnings per share was also ¥0.06[6] - Total operating revenue for the first three quarters of 2022 was CNY 854,595,845.78, a decrease of 16.1% compared to CNY 1,018,599,152.90 in the same period of 2021[18] - Net profit for the first three quarters of 2022 reached CNY 102,918,348.81, an increase of 13.5% compared to CNY 90,575,359.45 in the same period of 2021[19] - Earnings per share for the first three quarters of 2022 were CNY 0.25, compared to CNY 0.21 in the same period of 2021[20] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,025,724,554.94, a decrease of 1.67% from the end of the previous year[6] - Total liabilities as of September 30, 2022, amounted to CNY 433,515,201.61, slightly up from CNY 425,249,223.73 at the end of 2021[16] - Total equity attributable to shareholders was CNY 2,592,209,353.33, down from CNY 2,651,919,615.87 at the end of 2021[17] - The company has a total asset value of ¥3,025,724,554.94, compared to ¥3,077,168,839.60 at the end of 2021[15] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥240,643,661.44, showing a decrease of 6.74%[6] - In the first three quarters of 2022, the company reported cash inflows from operating activities of CNY 1,105,426,759.99, a decrease of 2.7% compared to CNY 1,136,044,994.52 in the same period of 2021[23] - The net cash flow from operating activities for the first three quarters of 2022 was CNY 240,643,661.44, down from CNY 258,029,298.53 in 2021, reflecting a decline of approximately 6.7%[23] - The company experienced a significant drop in cash inflows from investment activities, reporting CNY 68,658,469.92 in 2022 compared to CNY 2,131,629,554.04 in 2021, indicating a decrease of about 96.8%[24] - The net cash flow from investment activities was negative CNY 117,737,761.47 in 2022, contrasting with a positive CNY 129,847,952.95 in 2021[24] - The company reported cash inflows from financing activities of CNY 136,450,738.12 in 2022, with cash outflows totaling CNY 210,394,459.96, resulting in a net cash flow of negative CNY 73,943,721.84[24] - The company's cash and cash equivalents at the end of the third quarter of 2022 stood at CNY 908,026,376.75, an increase from CNY 748,695,913.76 at the end of the same period in 2021[24] Shareholder Information - Total number of common shareholders at the end of the reporting period is 17,162[12] - The largest shareholder, Yuanming Tang, holds 287,998,169 shares, accounting for 65.63% of total shares[12] - The total number of shares held by the repurchase account is 17,080,274, representing 3.89% of the total share capital[13] Development and Expenditures - The company reported a significant increase in development expenditure by 56.71%, primarily due to increased spending on hybrid system development[10] - The company has ongoing development expenditures of ¥33,819,354.89, up from ¥21,580,338.47 in the previous year[15] - Research and development expenses for the first three quarters of 2022 were CNY 34,798,910.88, an increase of 14.5% from CNY 30,480,932.17 in the same period of 2021[18] - The company invested CNY 157,815,365.77 in fixed assets and intangible assets in the first three quarters of 2022, up from CNY 141,859,110.21 in the same period of 2021[24] Government Support and Tax - The company received government subsidies amounting to ¥777,764.96 during the reporting period, mainly for industrial support[8] - The company received CNY 6,723,371.42 in tax refunds related to operating activities in 2022, compared to no such receipts in 2021[23] Borrowings and Financial Position - The company experienced a 100% increase in short-term borrowings, attributed to the failure to meet conditions for terminating the recognition of discounted notes receivable[10] - The company reported a financial expense of CNY -12,664,251.70, an improvement compared to CNY -19,125,553.45 in the previous year[18] - Deferred income tax liabilities decreased to CNY 16,816,575.31 from CNY 18,510,124.59 at the end of 2021[16] - The company's accounts payable decreased to ¥170,951,891.87 from ¥197,707,757.00 year-over-year[15]