Libert(SH:605167)2022-10-27 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥422,150,567.12, a decrease of 26.56% compared to the same period last year[5] - Net profit attributable to shareholders was ¥33,162,529.80, down 3.94% year-on-year, while the net profit excluding non-recurring items was ¥35,528,610.49, an increase of 9.78%[5] - Total operating revenue for the first three quarters of 2022 was CNY 1,015,318,066.67, a decrease of 28% compared to CNY 1,408,039,859.50 in the same period of 2021[22] - Total operating costs for the first three quarters of 2022 were CNY 936,535,681.52, down 29% from CNY 1,319,548,626.94 in the previous year[22] - Net profit for the first three quarters of 2022 was CNY 68,025,548.58, slightly up from CNY 67,787,817.86 in the same period of 2021, representing a growth of 0.35%[24] - Operating profit for the first three quarters of 2022 was CNY 91,961,032.39, an increase of 7% compared to CNY 85,755,889.22 in 2021[23] Cash Flow - The cash flow from operating activities for the year-to-date period reached ¥324,327,152.13, reflecting a significant increase of 166.09%[6] - Cash flow from operating activities for the first three quarters of 2022 was CNY 324,327,152.13, significantly higher than CNY 121,886,169.46 in the same period of 2021, marking a growth of 166%[26] - The company reported a cash inflow from operating activities of CNY 1,832,702,843.32 for the first three quarters of 2022, compared to CNY 1,300,500,151.47 in the previous year, indicating a growth of 41%[26] - The net cash flow from investing activities was -$447,509,846.85, compared to -$348,470,579.20 in the previous year, indicating a decline in investment performance[27] - Total cash inflow from financing activities was $101,359,716.05, significantly lower than $719,337,417.12 in the same quarter last year[27] - The net cash flow from financing activities was $46,437,543.97, down from $416,901,152.17 year-over-year, reflecting reduced financing activities[27] - The company experienced a net decrease in cash and cash equivalents of -$74,855,713.29, contrasting with an increase of $190,251,511.85 in the previous year[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,462,664,308.92, representing a year-on-year increase of 12.05%[6] - Current assets totaled RMB 1,375,122,180.76, compared to RMB 1,322,430,730.38 at the end of 2021, indicating a growth of about 4%[17] - Total liabilities reached RMB 1,049,898,308.51, compared to RMB 829,992,016.97 at the end of 2021, reflecting an increase of about 27%[18] - The total liabilities as of the end of the third quarter of 2022 amounted to CNY 1,048,599,396.01, an increase from CNY 851,866,079.26 at the end of the same period in 2021[19] - The total equity attributable to shareholders was CNY 1,414,064,912.91, up from CNY 1,346,039,364.33 in the previous year, reflecting a growth of 5%[19] Shareholder Information - The company reported a total of 23,858 common shareholders at the end of the reporting period[12] - The largest shareholder, Shanghai Libet Investment Co., Ltd., holds 40.85% of the shares, totaling 183,454,670 shares[12] Research and Development - Research and development expenses for the first three quarters of 2022 were CNY 17,464,023.27, up 32% from CNY 13,208,124.15 in the previous year[23] - The company has not disclosed any new product developments or market expansion strategies in the current report[16] Inventory and Receivables - Accounts receivable dropped significantly to RMB 140,709,863.62 from RMB 415,922,409.27, a decrease of around 66%[17] - Inventory increased to RMB 187,256,713.48, up from RMB 105,160,549.61, marking a rise of approximately 78%[17] Borrowings - Short-term borrowings were recorded at RMB 0, down from RMB 21,673,067.69, indicating a reduction in short-term debt[18] - Long-term borrowings rose to RMB 105,753,257.71 from RMB 27,337,100.04, an increase of about 287%[18] - The company reported cash received from borrowings of $101,359,716.05, down from $189,620,034.49 in the previous year, reflecting a decrease in new debt[27] Government Subsidies - The company received government subsidies amounting to ¥2,368,017.91 during the reporting period, closely related to its normal business operations[8]