LPM(SH:605577)2022-10-26 16:00Financial Performance - Q3 2022 operating revenue was CNY 630,885,153.03, a decrease of 1.49% compared to the same period last year[6] - Net profit attributable to shareholders was CNY 181,157,621.79, down 2.04% year-on-year[6] - Basic earnings per share for Q3 2022 was CNY 0.4076, reflecting an 8.57% decrease compared to the previous year[9] - Total operating revenue for the first three quarters of 2022 reached ¥1,432,464,696.27, a slight increase from ¥1,405,945,630.07 in the same period of 2021, representing a growth of approximately 1.1%[27] - Net profit for the third quarter of 2022 was ¥283,029,313.18, up from ¥260,233,203.46 in the same quarter of 2021, reflecting a growth of approximately 8.7%[34] - The total comprehensive income for the third quarter of 2022 was ¥282,835,364.84, compared to ¥260,108,287.58 in the same quarter of 2021, showing an increase of about 8.7%[34] Assets and Liabilities - Total assets at the end of Q3 2022 reached CNY 4,990,255,134.34, an increase of 6.45% from the end of the previous year[9] - The company's total liabilities amounted to ¥1,781,054,265.01 as of the end of the reporting period, compared to ¥1,717,024,005.21 in the previous year, marking an increase of about 3.7%[27] - Total liabilities increased to approximately ¥761.69 million from ¥724.88 million, representing a rise of about 5%[25] - The company's non-current assets totaled approximately ¥2.26 billion, slightly down from ¥2.26 billion at the end of 2021, indicating a marginal decrease of about 0.03%[25] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 162,309,055.92, an increase of 13.39% year-on-year[9] - Operating cash inflow for the first three quarters of 2022 was CNY 1,165,434,428.92, an increase from CNY 1,129,910,607.73 in the same period of 2021, representing a growth of approximately 3%[37] - Net cash flow from operating activities for the first three quarters of 2022 was CNY 162,309,055.92, compared to CNY 143,144,576.61 in 2021, indicating an increase of about 13.5%[40] - Total cash outflow from operating activities was CNY 1,003,125,373.00, up from CNY 986,766,031.12 in the previous year, reflecting a rise of approximately 1.3%[40] - Cash inflow from investment activities was CNY 621,722,775.39, down from CNY 822,034,261.15 in 2021, showing a decrease of around 24.4%[40] - Net cash flow from investment activities was -CNY 219,713,470.57, compared to -CNY 237,593,651.70 in the same period last year, indicating an improvement of about 7.3%[40] - Cash outflow from financing activities was CNY 44,444,444.50, compared to CNY 20,691,457.04 in 2021, representing an increase of approximately 115%[40] - The ending balance of cash and cash equivalents as of the end of the third quarter of 2022 was CNY 1,546,182,730.64, compared to CNY 1,271,346,914.67 at the end of the same period in 2021, reflecting a growth of about 21.6%[40] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 13,397[16] - The largest shareholder, Heilongjiang Publishing Group Co., Ltd., holds 256,080,000 shares, accounting for 57.62% of total shares[16] - The company has noted a 2.99% relationship or concerted action among certain shareholders, indicating potential strategic alignments[22] Expenses - Research and development expenses for the third quarter of 2022 were ¥2,481,395.58, a decrease from ¥3,404,106.87 in the same quarter of 2021, indicating a reduction of about 27.1%[30] - Cash paid for employee compensation was CNY 254,781,065.49, up from CNY 244,971,751.61 in 2021, indicating an increase of about 4%[37] - Cash paid for taxes was CNY 24,849,288.45, down from CNY 32,351,337.01 in the previous year, reflecting a decrease of approximately 23.2%[37] Accounts Receivable and Payable - The company experienced a 230.02% increase in accounts receivable, primarily due to outstanding textbook payments[15] - Accounts receivable rose significantly to approximately ¥421.36 million, compared to ¥127.68 million in the previous year, marking an increase of approximately 229%[22] - The company reported a significant increase in accounts payable, which rose to approximately ¥420.49 million from ¥296.26 million, an increase of about 42%[25]