HULUWA(SH:605199)2022-10-27 16:00Financial Performance - The company's operating revenue for Q3 2022 was CNY 323,142,923.99, representing a year-over-year increase of 15.68%[5] - The net profit attributable to shareholders for Q3 2022 was CNY 14,260,247.61, showing a decline of 43.96% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 12,066,141.45, down 51.20% year-over-year[5] - The basic and diluted earnings per share for Q3 2022 were both CNY 0.04, a decrease of 33.33% compared to the previous year[6] - The weighted average return on equity for Q3 2022 was 1.44%, a decrease of 1.26 percentage points from the previous year[6] - The company reported a net profit of CNY 259,223,395.29 for the first nine months of 2022, compared to CNY 187,337,704.64 for the same period in 2021, indicating an increase of about 38.3%[18] - Total operating revenue for the first three quarters of 2022 reached ¥1,056,601,652.93, an increase from ¥910,541,434.13 in the same period of 2021, representing a growth of approximately 15.99%[19] - Total operating costs for the first three quarters of 2022 were ¥982,035,590.46, compared to ¥841,204,548.02 in 2021, indicating an increase of about 16.74%[20] - Net profit for the third quarter of 2022 was ¥71,449,535.00, down from ¥76,080,576.63 in the same quarter of 2021, reflecting a decrease of approximately 6.93%[21] - The total profit for the third quarter of 2022 was ¥79,715,189.97, down from ¥85,898,690.45 in the same quarter of 2021, reflecting a decrease of approximately 7.63%[21] Assets and Liabilities - Total assets at the end of Q3 2022 amounted to CNY 1,831,159,701.95, reflecting a 3.99% increase from the end of the previous year[6] - The equity attributable to shareholders at the end of Q3 2022 was CNY 1,000,091,616.14, which is a 7.74% increase compared to the previous year[6] - As of September 30, 2022, the company's total assets amounted to CNY 1,831,159,701.95, an increase from CNY 1,760,930,340.04 at the end of 2021[15] - The company's total liabilities decreased slightly to CNY 829,186,192.31 from CNY 830,406,365.40, a reduction of about 0.15%[17] - The total equity attributable to shareholders increased to CNY 1,000,091,616.14 from CNY 928,205,925.49, marking a growth of approximately 7.8%[17] - The company's short-term borrowings rose to CNY 517,101,867.48 from CNY 438,982,101.94, reflecting an increase of about 17.7%[16] - The company's non-current assets totaled CNY 800,389,691.91, up from CNY 674,103,393.84, representing a growth of approximately 18.7%[16] Cash Flow - The cash flow from operating activities for the year-to-date was negative at CNY -188,773,749.65[6] - The net cash flow from operating activities was -$188.77 million, compared to -$24.70 million in the previous year, indicating a significant decline in operational cash flow[23] - Total cash outflow from operating activities reached $1.14 billion, up from $910.18 million year-over-year[23] - Cash inflow from operating activities for the first three quarters of 2022 totaled ¥946,721,412.80, an increase from ¥885,484,138.31 in the same period of 2021[22] - The company reported a significant increase in cash paid for operating activities, totaling $480.26 million, compared to $356.52 million in the previous year[23] - Cash paid for taxes amounted to $124.46 million, up from $98.36 million year-over-year[23] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 36,083[12] Government Subsidies - The company received government subsidies amounting to CNY 2,702,953.75 during the reporting period[8] Inventory and Receivables - Accounts receivable increased significantly to CNY 477,467,871.29, up from CNY 340,126,052.51, reflecting a growth of about 40.5%[15] - Inventory rose to CNY 258,198,927.21, compared to CNY 213,225,030.54, indicating an increase of approximately 21.1%[16] Expenses - Research and development expenses for the first three quarters of 2022 amounted to ¥88,163,009.68, up from ¥55,627,356.28 in 2021, marking an increase of approximately 58.66%[20] - Sales expenses for the first three quarters of 2022 were ¥423,095,617.50, compared to ¥343,447,780.48 in 2021, indicating an increase of about 23.25%[20] Other Income - Other income for the third quarter of 2022 was ¥415,646.33, compared to ¥97,877.46 in the same quarter of 2021, showing a significant increase[21]