JUNEYAOAIR(SH:603885)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was approximately CNY 3.08 billion, a decrease of 0.11% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2022 was approximately -CNY 1.08 billion, with a year-to-date net profit of approximately -CNY 2.97 billion, reflecting significant losses[5]. - The basic and diluted earnings per share for Q3 2022 were both -CNY 0.53, indicating a decline due to the impact of the pandemic and rising fuel prices[6][11]. - The weighted average return on equity for Q3 2022 was -12.52%, a decrease of 11.03 percentage points year-on-year[6]. - The decline in net profit was primarily attributed to the impact of the pandemic, reduced revenue, and fluctuations in fuel prices and exchange rates[9]. - The net profit for Q3 2022 was -2,985,956,897.30 RMB, compared to -47,739,765.10 RMB in Q3 2021, indicating a significant decline in profitability[28]. - The total profit for Q3 2022 was -3,943,194,402.45 RMB, a decrease from -41,589,349.08 RMB in the same quarter of the previous year[28]. - The company reported a comprehensive income total of -3,385,805,529.04 RMB for Q3 2022, compared to -197,547,512.58 RMB in Q3 2021[29]. - The total operating income of -3,944,940,643.79 RMB for Q3 2022, compared to -41,928,873.69 RMB in Q3 2021, reflecting a substantial decline in operational performance[28]. Cash Flow and Assets - The net cash flow from operating activities for the year-to-date period was approximately CNY 130.39 million, a decrease of 92.22% compared to the previous year[6]. - Cash flow from operating activities for the first three quarters of 2022 was 130,387,527.92 RMB, down from 1,675,284,977.75 RMB in the same period of 2021[31]. - The company received cash from sales and services amounting to 7,335,351,763.83 RMB in the first three quarters of 2022, a decrease from 10,499,819,630.17 RMB in the previous year[30]. - The net cash flow from financing activities was 1,363,277,560.61 RMB in Q3 2022, compared to -1,532,356,564.42 RMB in Q3 2021, indicating a positive shift[32]. - Total assets at the end of the reporting period were approximately CNY 44.18 billion, an increase of 0.73% compared to the end of the previous year[6]. - Total current assets increased to ¥4,073,108,906.28, up from ¥3,657,693,525.52, representing a growth of approximately 11.3% year-over-year[23]. - Cash and cash equivalents rose to ¥1,703,555,789.63 from ¥1,145,912,002.91, marking an increase of about 48.6%[21]. - Total liabilities increased to ¥34,182,335,523.42 from ¥33,758,836,181.46, reflecting a rise of approximately 1.3%[25]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,576, with the largest shareholder holding 45.22% of the shares[12]. - As of September 30, 2022, the top shareholder, Shanghai Junyao Group, held 1,001,202,080 shares, accounting for a significant portion of the company's equity[14]. - The company reported a total of 23,987,748 shares held by individual shareholder Fang Wei, indicating strong individual investment interest[14]. - The company has engaged in margin trading and securities lending, with 22,140,000 shares involved in such activities by Eastern Airlines Industry Investment Co., Ltd.[14]. - The company has not disclosed any significant changes in shareholder relationships or actions that would affect the control structure[14]. Regulatory and Compliance - The company’s financial statements as of September 30, 2022, are prepared in accordance with applicable regulations, ensuring compliance and accuracy[20]. - The company’s stock issuance was approved by the China Securities Regulatory Commission on February 21, 2022[15]. - The company’s financial reports for Q1 and Q2 of 2022 were disclosed, indicating ongoing transparency in financial performance[15]. Expenses and Costs - Operating revenue for the first three quarters of 2022 was ¥6,488,054,545.34, down from ¥9,129,465,911.79, indicating a decline of about 29.9%[27]. - Operating costs increased to ¥10,935,772,238.56 from ¥9,717,890,140.08, an increase of approximately 12.5%[27]. - Financial expenses surged to ¥1,921,783,657.75, compared to ¥273,657,286.84, representing a significant increase of approximately 600%[27]. - Research and development expenses were ¥47,308,180.57, down from ¥52,597,189.45, a decrease of about 10.4%[27]. Non-Operating Income - The company reported non-operating income of approximately CNY 5.64 million from government subsidies related to normal business operations[7].