JADARD TECHNOLOGY INC.(SH:688252)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥294,177,584.10, a decrease of 9.76% compared to the same period last year[8]. - The net profit attributable to shareholders for Q3 2022 was ¥11,279,460.98, down 87.20% year-on-year[8]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2022 was ¥10,048,298.77, a decline of 88.45% compared to the previous year[8]. - Total operating revenue for the first three quarters of 2022 reached ¥943,130,345.73, an increase of 20.77% compared to ¥781,224,089.08 in the same period of 2021[32]. - Net profit for the first three quarters of 2022 was ¥156,477,756.69, a decrease of 37.00% compared to ¥247,980,527.79 in the same period of 2021[35]. - Basic and diluted earnings per share for the first three quarters of 2022 were both ¥0.43, down from ¥0.68 in 2021[38]. Assets and Liabilities - The total assets at the end of Q3 2022 reached ¥2,100,191,190.61, an increase of 89.57% from the end of the previous year[12]. - The total current assets reached RMB 1,738,449,680.54, compared to RMB 1,007,864,613.78 at the end of 2021, indicating an increase of about 72.3%[24]. - Total liabilities as of September 30, 2022, were RMB 259,232,754.28, up from RMB 223,847,822.58 at the end of 2021, marking an increase of about 15.8%[27]. - The total liabilities as of the reporting date were ¥261,897,362.50, compared to ¥226,931,151.44 in the previous year, reflecting an increase of 15.39%[29]. - The company's total assets reached RMB 2,100,191,190.61, compared to RMB 1,107,898,536.28 at the end of 2021, indicating a substantial increase of approximately 89.8%[27]. Equity and Earnings - The equity attributable to shareholders at the end of Q3 2022 was ¥1,838,293,828.11, up 108.67% year-on-year[12]. - The total equity attributable to shareholders reached ¥1,838,293,828.11, significantly up from ¥880,967,384.84 in 2021, marking an increase of 108.73%[29]. - The basic earnings per share for Q3 2022 was ¥0.03, a decrease of 87.12% compared to the same period last year[12]. - The diluted earnings per share for Q3 2022 was also ¥0.03, down 87.22% year-on-year[12]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥20,253,109.29, reflecting a significant decline[12]. - Cash flow from operating activities for the first three quarters of 2022 totaled ¥1,097,820,020.41, compared to ¥811,910,945.23 in 2021, indicating a growth of 35.19%[39]. - Cash flow from operating activities showed a net outflow of -$20.25 million, compared to a net inflow of $84.60 million in the previous period[41]. - The company reported a net increase in cash and cash equivalents of $649.51 million, contrasting with a decrease of -$9.38 million in the previous period[43]. - The ending balance of cash and cash equivalents was $1.04 billion, up from $355.36 million in the previous period[43]. Research and Development - Research and development expenses totaled ¥36,730,957.07 in Q3 2022, a decrease of 16.03% compared to the same period last year[12]. - The R&D expenses accounted for 12.49% of operating revenue in Q3 2022, a decrease of 0.93 percentage points year-on-year[12]. - Research and development expenses for the first three quarters of 2022 amounted to ¥105,807,639.06, an increase of 15.99% from ¥91,279,856.28 in 2021[32]. Inventory and Receivables - The company's inventory increased to RMB 190,358,661.41 from RMB 161,490,560.48, reflecting a rise of approximately 17.9% year-over-year[24]. - The company's accounts receivable decreased slightly to RMB 56,900,008.09 from RMB 59,010,743.86, a decline of approximately 3.6%[24]. - The company reported a decrease in other receivables from RMB 132,229,287.60 to RMB 60,792,023.36, a reduction of about 54.0%[24].