Sunxing(SH:603978)2022-10-26 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥365,957,805.18, a decrease of 1.38% compared to the same period last year[5]. - The net profit attributable to shareholders for the period was ¥2,275,738.33, with a year-to-date net profit of ¥21,532,880.79, reflecting a decline of 29.84% year-on-year[5]. - The basic and diluted earnings per share for the quarter were both ¥0.01, down 31.58% from ¥0.13 in the same period last year[6]. - Net profit for the third quarter of 2022 was ¥21,532,880.79, a decrease of 29.7% from ¥30,691,180.55 in the same quarter of 2021[22]. - Earnings per share for the third quarter of 2022 were ¥0.13, down from ¥0.19 in the same quarter of 2021[23]. Assets and Liabilities - Total assets increased by 15.19% to ¥3,140,758,458.17 compared to the end of the previous year[6]. - The total liabilities as of the end of the third quarter of 2022 amounted to ¥1,337,871,045.28, compared to ¥937,586,349.47 at the end of the same period in 2021, representing a growth of 42.7%[18]. - The company's long-term borrowings increased significantly to ¥240,913,283.88 from ¥68,030,000.00 in the previous year[18]. - The company's total current liabilities as of the end of the third quarter of 2022 were ¥689,281,450.73, compared to ¥476,752,811.25 in 2021, indicating a rise of 44.5%[18]. Cash Flow - The cash flow from operating activities was -¥75,160,711.86 year-to-date, indicating a negative cash flow situation[5]. - Net cash flow from operating activities was -75,160,711.86, an improvement from -133,397,156.81 in the previous period, indicating a reduction in cash outflow[25]. - Cash inflow from financing activities totaled 552,180,194.44, significantly higher than 221,809,322.23 in the prior period, reflecting increased borrowing[26]. - Net cash flow from financing activities was 271,332,337.97, a turnaround from -161,806,746.78 previously, showing improved financial stability[26]. - Total cash and cash equivalents at the end of the period reached 338,576,249.09, up from 246,778,695.97, indicating a positive cash position[26]. Investments and Expenses - The company has ongoing investments in fixed assets totaling ¥1,115,957,165.03, up from ¥979,502,970.48[16]. - Research and development expenses for the first three quarters of 2022 totaled ¥56,877,593.18, compared to ¥41,022,977.66 in 2021, marking an increase of 38.6%[21]. - Cash outflow for purchasing fixed assets and intangible assets was 27,456,949.43, down from 43,884,668.17, indicating reduced capital expenditure[25]. - Cash paid to employees increased to 50,231,502.15 from 42,022,347.21, reflecting higher labor costs[25]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 16,642[12]. - The largest shareholder, Chen Xueming, holds 43,409,400 shares, representing 26.16% of the total shares, with 32,148,795 shares pledged[12]. - The total equity attributable to shareholders reached ¥1,802,887,412.89, an increase from ¥1,788,954,640.62 in the previous year[18]. Future Outlook - The company expects to improve its financial performance in the upcoming quarters through strategic initiatives and operational efficiencies[9]. - The company attributed the decrease in net profit to increased investment income from joint ventures during the reporting period[9]. - The company is focused on expanding its market presence and enhancing its product offerings through strategic investments and partnerships[13].