First(SH:603806)2022-11-02 16:00Financial Performance - The company's operating revenue for Q3 2022 reached ¥4,531,113,062.70, representing a year-on-year increase of 40.98%[4] - The net profit attributable to shareholders for the same period was ¥476,365,191.00, reflecting a growth of 10.10% compared to the previous year[4] - The basic earnings per share for Q3 2022 was ¥0.36, an increase of 9.09% year-on-year[5] - Total revenue for the first three quarters of 2022 reached ¥13,546,348,287.48, a significant increase of 51.5% compared to ¥8,929,655,522.64 in the same period of 2021[15] - Net profit for Q3 2022 reached approximately CNY 1.53 billion, compared to CNY 1.34 billion in Q3 2021, reflecting a year-over-year increase of about 14.6%[18] - The company reported a total profit of approximately CNY 1.70 billion for Q3 2022, an increase from CNY 1.49 billion in Q3 2021, reflecting a growth of about 13.9%[18] - The company’s total comprehensive income for Q3 2022 was approximately CNY 1.52 billion, compared to CNY 1.26 billion in Q3 2021, indicating a year-over-year increase of about 20.5%[19] Assets and Liabilities - Total assets as of the end of the reporting period amounted to ¥17,492,783,890.01, marking a 27.80% increase from the end of the previous year[5] - Current assets totaled ¥13,941,626,951.32, an increase of 29.5% from ¥10,756,372,539.43 as of December 31, 2021[12] - The company reported a total liability of ¥4,099,026,063.93, compared to ¥1,497,880,520.85 at the end of 2021, indicating a substantial increase in leverage[14] - The equity attributable to shareholders reached ¥13,364,125,534.57, up from ¥12,176,177,692.64, marking an increase of 9.8%[14] - The company's total liabilities amounted to ¥4,099,026,063.93, compared to ¥1,497,880,520.85 in the previous year, indicating a substantial increase[39] Cash Flow - The company reported a net cash flow from operating activities of -¥1,176,285,813.29 for the year-to-date period, indicating challenges in cash generation[4] - Cash flow from operating activities for the first nine months of 2022 was negative CNY 1.18 billion, worsening from negative CNY 735.5 million in the same period of 2021[20] - The company reported a net cash flow from investment activities of -¥25,302,453.32 for Q3 2022, a significant decrease compared to ¥1,747,688,272.78 in the same period last year[26] - The cash inflow from operating activities for the first three quarters of 2022 was CNY 10,573,094,778.83, compared to CNY 6,233,198,701.56 in the same period of 2021, representing an increase of approximately 69.5%[42] - The net cash outflow from operating activities for the first three quarters of 2022 was CNY -1,176,285,813.29, worsening from CNY -735,497,657.55 in the previous year[42] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 43,561, indicating a broad shareholder base[8] - The largest shareholder, Hangzhou Foster Technology Group Co., Ltd., held 48.45% of the shares, reflecting significant ownership concentration[8] - The total number of common shareholders at the end of the reporting period was 43,561[30] - The largest shareholder, Hangzhou Foster Technology Group Co., Ltd., holds 645,072,814 shares, accounting for 48.45% of total shares[30] Operating Costs and Expenses - Total operating costs for Q3 2022 were approximately CNY 11.5 billion, an increase from CNY 7.39 billion in Q3 2021, representing a year-over-year growth of about 55.5%[17] - Research and development expenses for Q3 2022 amounted to CNY 462.76 million, up from CNY 308.13 million in Q3 2021, indicating a growth of approximately 50%[17] - The company's management reported an increase in sales expenses to CNY 40.85 million in Q3 2022, down from CNY 114.17 million in Q3 2021, reflecting a decrease of approximately 64.2%[17] Future Outlook and Strategy - The company has not provided specific guidance for future performance in the conference call[11] - The company is focusing on expanding its market presence and developing new technologies, although specific details were not disclosed in the call[11] - There were no significant updates on mergers or acquisitions mentioned during the conference call[11] - The company has not disclosed any new strategies or future outlook in the provided documents[32]