龙腾光电(688055) - 2022 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2022 was ¥872,167,257.67, a decrease of 41.21% compared to ¥1,483,476,601.32 in the same period last year[7] - Net profit attributable to shareholders was ¥20,412,925.17, down 92.19% from ¥261,521,527.07 year-on-year[7] - The net profit after deducting non-recurring gains and losses was ¥1,559,635.95, a decline of 99.39% compared to ¥256,940,683.14 in the previous year[7] - Total operating revenue for the first three quarters of 2022 was CNY 3,336,853,722.81, a decrease of 25.4% compared to CNY 4,466,210,233.63 in the same period of 2021[36] - Net profit for the third quarter of 2022 was CNY 261,196,448.33, a decline of 65.7% compared to CNY 761,675,818.15 in the same quarter of 2021[39] - Total comprehensive income amounted to CNY 260,761,758.55 for the first three quarters of 2022, compared to CNY 761,697,925.28 in the same period of 2021, indicating a significant decline[42] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥115,867,051.80, a decrease of 84.29% from ¥737,711,098.83 in the same period last year[7] - Cash inflow from operating activities totaled CNY 3,891,131,233.16, while cash outflow was CNY 3,775,264,181.36, resulting in a net cash inflow[45] - Cash flow from investing activities showed a net outflow of CNY 27,844,175.43, an improvement compared to a net outflow of CNY 391,453,440.81 in the previous year[47] - Cash flow from financing activities resulted in a net outflow of CNY 111,938,741.93, compared to a net outflow of CNY 349,245,477.26 in the same period last year[48] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,960,108,155.71, a decrease of 3.82% from ¥7,236,810,210.71 at the end of the previous year[10] - The company's total liabilities decreased to CNY 2,142,083,032.28 from CNY 2,607,014,344.40 year-over-year, representing a reduction of 17.8%[35] - The company's current assets totaled RMB 3,314,090,544.92, down from RMB 3,546,380,094.77 in the previous year, indicating a decrease of about 6.56%[28] - Non-current assets totaled RMB 3,646,017,610.79, slightly down from RMB 3,690,430,115.94, which is a decrease of approximately 1.20%[28] Shareholder Equity - Shareholders' equity attributable to the parent company increased by 4.07% to ¥4,818,025,123.43 from ¥4,629,795,866.31 at the end of the previous year[10] - The company's total equity increased to CNY 4,818,025,123.43 from CNY 4,629,795,866.31, reflecting a growth of 4.1%[35] Research and Development - R&D investment totaled ¥50,232,822.29, a decrease of 28.26% from ¥88,401,090.98 year-on-year, representing 5.76% of operating revenue[7] - Research and development expenses for the first three quarters of 2022 were CNY 140,497,086.32, down 17.2% from CNY 169,627,149.24 in 2021[36] Market Conditions - The company reported a significant decline in market demand and pricing pressures in the display panel industry, contributing to the overall downturn in financial performance[18] Ownership Structure - The top two shareholders hold a combined 89.66% of the company's shares, indicating a high concentration of ownership[22] - The company has no reported related party transactions or agreements among the top shareholders as of the announcement date[25] Other Financial Metrics - Basic earnings per share for the reporting period were ¥0.006, down 92.19% from ¥0.078 in the same period last year[7] - The weighted average return on equity decreased by 6.31 percentage points to 0.42% from 6.73% year-on-year[7] - The company reported a financial expense of CNY -9,241,236.31, compared to CNY 8,043,161.04 in the previous year, indicating a significant improvement[36] - Other income for the third quarter of 2022 was CNY 17,855,555.23, an increase from CNY 5,231,704.89 in the same quarter of 2021[39] - The company received CNY 680,000,000.00 from investment recoveries, an increase from CNY 550,005,076.81 in the previous year[46] - Total cash inflow from financing activities was CNY 3,617,553,096.91, significantly higher than CNY 1,048,842,593.98 in the previous year[48] - The company paid CNY 3,614,403,849.82 in debt repayments, compared to CNY 1,359,625,525.99 in the previous year, indicating increased financial obligations[48]