Hopechart(SH:688288)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥59,536,345.46, representing a decrease of 11.36% compared to the same period last year[5]. - The net profit attributable to shareholders was -¥27,187,355.06, a significant decline of 2,164.99% year-on-year[5]. - The net profit excluding non-recurring gains and losses for Q3 2022 was -¥28,795,964.69, down 3,584.61% from the previous year[6]. - The basic earnings per share for Q3 2022 were -¥0.27, a decrease of 2,800.00% compared to the same period last year[6]. - The weighted average return on equity was -3.13%, a decrease of 11.14 percentage points year-on-year[6]. - The net loss for the third quarter of 2022 was CNY 61,310,336.34, compared to a net profit of CNY 41,009,492.58 in the same quarter of 2021[23]. - The operating profit for the third quarter of 2022 was a loss of CNY 60,713,195.04, contrasting with an operating profit of CNY 36,574,663.82 in the previous year[22]. - Basic and diluted earnings per share for the third quarter of 2022 were both CNY -0.58, compared to CNY 0.43 in the same quarter of 2021[24]. Research and Development - The total R&D investment for Q3 2022 was ¥30,965,096.91, which accounted for 51.92% of operating revenue, an increase of 8.14 percentage points year-on-year[6]. - R&D expenses increased by 14.60% year-to-date, contributing to the overall decline in net profit[10]. - Research and development expenses for the third quarter of 2022 were CNY 88,724,328.78, an increase of 14.6% compared to CNY 77,420,456.41 in the same quarter of 2021[22]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was -¥67,448,970.20, indicating a significant cash outflow due to reduced sales[6]. - The net cash flow from operating activities was -$67.45 million, compared to -$22.11 million in the previous quarter, indicating a significant decline in operational cash generation[28]. - Total cash outflow from investing activities was $211.92 million, up from $173.57 million in the previous quarter, reflecting increased investment expenditures[28]. - The total cash and cash equivalents at the end of the period decreased to $132.73 million from $357.39 million, indicating a substantial reduction in liquidity[29]. - Cash inflow from investment activities was $7.43 million, down from $227.43 million, indicating a decline in investment returns[28]. - The company’s cash flow management strategies are under review due to the substantial decrease in cash and cash equivalents[29]. Assets and Liabilities - The total assets at the end of Q3 2022 were ¥1,025,132,714.89, reflecting a decrease of 8.08% compared to the end of the previous year[6]. - The company's total current assets as of September 30, 2022, amount to ¥651,091,118.48, a decrease from ¥800,498,805.91 in the previous year[16]. - The total liabilities as of the end of the third quarter of 2022 were CNY 169,931,513.86, down from CNY 197,745,979.79 at the end of the same period in 2021[22]. - The total equity attributable to shareholders of the parent company was CNY 854,164,929.66, a decrease from CNY 913,527,514.54 in the previous year[22]. - The total non-current assets are valued at ¥374,041,596.41, up from ¥314,758,711.25 in the previous year[17]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 5,486[13]. - The largest shareholder, He Junqiang, holds 35,429,100 shares, representing 35.31% of total shares[13]. - The company has a total of 9,952,369 unrestricted circulating shares held by Beijing Peking University Qianfang Technology Co., Ltd.[14]. Strategic Overview - The company has no significant new strategies or product developments mentioned in the reports[15]. - The company reported a decrease in deferred income tax liabilities, reflecting a strategic shift in financial management[22].