Ganso(SH:603886)2022-10-26 16:00Financial Performance - Q3 2022 revenue was CNY 1,080,583,308.07, a slight decrease of 0.09% compared to CNY 1,081,577,413.87 in the same period last year[6] - Net profit attributable to shareholders was CNY 236,290,216.93, down 12.64% from CNY 270,479,777.68 year-on-year[6] - Basic earnings per share decreased by 13.27% to CNY 0.98 from CNY 1.13 in the previous year[7] - Net profit for the third quarter of 2022 was CNY 298,382,053.92, down from CNY 332,268,495.56 in the same quarter of 2021, reflecting a decrease of about 10.2%[20] - Operating profit for the first three quarters of 2022 was CNY 379,697,504.34, compared to CNY 420,676,725.41 in the previous year, indicating a decline of approximately 9.7%[20] - The company reported a total comprehensive income of CNY 295,439,496.56 for the third quarter of 2022, compared to CNY 329,819,179.88 in the same quarter of 2021, reflecting a decline of about 10.5%[21] - Basic and diluted earnings per share for the third quarter of 2022 were both CNY 1.24, down from CNY 1.38 in the same quarter of 2021, indicating a decrease of approximately 10.1%[21] - Investment income for the first three quarters of 2022 showed a loss of CNY 1,602,767.01, compared to a loss of CNY 67,475.24 in the same period of 2021[20] Assets and Liabilities - Total assets increased by 15.31% to CNY 3,545,332,436.91 from CNY 3,074,535,049.87 at the end of the previous year[7] - The company's total assets reached RMB 3,545,332,436.91, an increase from RMB 3,074,535,049.87 at the end of 2021, reflecting a growth of approximately 15.3%[16] - The company's total liabilities increased to RMB 1,892,603,759.92 from RMB 1,477,245,869.44, which is an increase of approximately 28.1%[18] - The company's total current assets increased to RMB 2,198,042,333.11 from RMB 1,685,681,437.86, representing a rise of approximately 30.4%[17] - The company's non-current assets totaled RMB 1,347,290,103.80, a slight decrease from RMB 1,388,853,612.01, indicating a decline of approximately 3.0%[17] - The company's total equity remained stable at RMB 240,000,000.00, unchanged from the previous year[18] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 783,583,888.37, a decrease of 5.45% compared to CNY 828,741,822.04 last year[6] - Cash flow from operating activities generated a net amount of CNY 783,583,888.37, down from CNY 828,741,822.04 in the same period of 2021, a decrease of approximately 5.4%[24] - The net cash flow from investing activities for Q3 2022 was -$226,779,872.45, a decrease from -$566,400,780.53 in the same period last year[25] - The net cash flow from financing activities was -$354,922,344.84, compared to -$364,619,763.43 in Q3 2021[25] - Cash and cash equivalents at the end of Q3 2022 totaled $377,425,956.10, an increase from $165,626,158.84 in the previous year[25] - The net increase in cash and cash equivalents for the quarter was $200,266,194.85, contrasting with a decrease of -$102,351,489.38 in Q3 2021[25] - The beginning cash and cash equivalents balance was $177,159,761.25, compared to $267,977,648.22 in the same period last year[25] Operational Metrics - Significant increases in accounts receivable and accounts payable were noted, with increases of 162.51% and 147.86% respectively, attributed to seasonal sales[11] - The company's cash and cash equivalents amounted to RMB 377,425,956.10, significantly up from RMB 177,159,761.25, indicating a growth of about 113.8%[16] - Accounts receivable rose to RMB 152,279,685.69 from RMB 58,009,036.07, marking an increase of about 162.3%[17] - The company's inventory grew to RMB 89,516,997.14 from RMB 63,057,159.70, reflecting an increase of about 42.0%[17] - The company reported a government subsidy of CNY 3,177,834.28 for the current period, contributing to non-recurring gains[10] - The company's contract liabilities increased to RMB 901,103,126.03 from RMB 773,361,822.19, reflecting a growth of about 16.5%[18] Research and Development - Research and development expenses increased to CNY 15,620,659.41 in the first three quarters of 2022, up from CNY 12,850,733.70 in the same period of 2021, marking a rise of about 21.4%[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 20,095[13] Accounting Standards - The company has not adopted new accounting standards or interpretations for the year 2022[25]