YDC(SH:605555)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥349,845,973.07, a decrease of 54.89% compared to the same period last year[7]. - Net profit attributable to shareholders was ¥95,021,336.79, an increase of 51.06% year-on-year[7]. - The net profit excluding non-recurring gains and losses was ¥92,070,411.89, up 38.41% from the previous year[7]. - Basic earnings per share for Q3 2022 was ¥0.37, reflecting a 15.63% increase compared to the same period last year[10]. - Total operating revenue for the first three quarters of 2022 was CNY 1,533,925,260.25, a decrease of 30.9% compared to CNY 2,225,451,251.45 in the same period of 2021[33]. - Net profit for the third quarter of 2022 was CNY 262,897,011.39, an increase of 19.7% compared to CNY 219,620,732.19 in the third quarter of 2021[37]. - Total comprehensive income for the period reached ¥279,420,827.89, an increase from ¥219,554,004.79 in the previous period[39]. - Basic and diluted earnings per share were both ¥1.01, down from ¥1.12 in the previous period[39]. Cash Flow and Liquidity - The cash flow from operating activities for the year-to-date was ¥442,672,649.76, representing a significant increase of 261.43%[10]. - Net cash flow from operating activities was ¥442,672,649.76, significantly higher than ¥122,478,021.78 in the previous period[42]. - Cash inflow from operating activities totaled ¥2,298,776,912.84, compared to ¥2,181,122,778.31 in the previous period[42]. - Cash outflow from operating activities was ¥1,856,104,263.08, down from ¥2,058,644,756.53 in the previous period[42]. - Cash and cash equivalents at the end of the period amounted to ¥1,980,373,216.09, up from ¥152,528,421.51 in the previous period[44]. - The company received ¥963,539,800.00 from investment recoveries, a significant increase compared to the previous period[42]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,765,843,290.67, a 2.23% increase from the end of the previous year[10]. - Total current assets decreased to ¥3,012,048,501.90 from ¥3,167,801,415.55 year-over-year[26]. - Non-current assets increased to ¥753,794,788.77 from ¥515,798,386.82 year-over-year[26]. - The total liabilities decreased from CNY 1,391,398,666.55 to CNY 1,260,714,326.96, a reduction of approximately 9.4%[32]. - The total equity attributable to shareholders increased from CNY 2,292,201,135.82 to CNY 2,505,128,963.71, representing a growth of 9.3%[32]. - The company's total assets increased from CNY 3,683,599,802.37 to CNY 3,765,843,290.67, reflecting a growth of 2.2%[32]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 14,361[19]. - The largest shareholder, Huang Yuchang, holds 64,799,415 shares, accounting for 24.36% of total shares[19]. - There are no significant changes in the shareholder structure or related party transactions reported[22]. Operational Highlights - The company reported a 31.07% decrease in operating income year-to-date, primarily due to reduced sales of vacuum cleaners[16]. - The company experienced a 456.17% increase in short-term borrowings, attributed to strategic financial planning considering international foreign exchange conditions[16]. - Research and development expenses for the first three quarters of 2022 were CNY 61,143,435.32, down from CNY 77,206,762.94, indicating a decrease of 20.8%[33]. - The company's financial expenses showed a significant change from CNY 11,516,068.12 in the previous year to -CNY 164,758,017.16 in 2022, indicating a substantial improvement[37]. - The company is focusing on market expansion and new product development strategies[21].