SINEE(SH:688395)2022-10-26 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥79,122,697.05, a decrease of 36.18% compared to the same period last year[4]. - The net profit attributable to shareholders for Q3 2022 was ¥12,760,597.38, down 32.15% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥4,840,698.28, a significant decline of 70.95% compared to the previous year[4]. - Total operating revenue for the first three quarters of 2022 was ¥267,517,254.82, a decrease of 26% compared to ¥360,954,554.26 in the same period of 2021[19]. - Net profit for the first three quarters of 2022 was ¥42,375,338.11, a decline of 29% from ¥59,388,299.41 in the same period of 2021[20]. - The net profit for Q3 2022 was CNY 42,240,771.11, down 35.73% from CNY 65,690,926.75 in Q3 2021[32]. - The total comprehensive income for Q3 2022 was CNY 42,240,771.11, reflecting a decrease of 35.73% from CNY 65,690,926.75 in Q3 2021[32]. - The company’s total profit for Q3 2022 was CNY 47,651,385.61, a decrease of 37.25% from CNY 76,015,695.81 in Q3 2021[32]. Assets and Liabilities - The total assets at the end of the reporting period were ¥778,864,681.77, reflecting a decrease of 4.09% from the end of the previous year[5]. - As of September 30, 2022, the total assets of the company amounted to ¥778,864,681.77, a decrease from ¥812,120,751.66 at the end of 2021, reflecting a decline of approximately 4.1%[14]. - The company's current assets totaled ¥658,582,733.02, down from ¥691,619,084.95, indicating a decrease of about 4.8% year-over-year[14]. - Total liabilities as of the end of the third quarter of 2022 were ¥99,609,335.92, down from ¥153,224,743.92 at the end of the previous year[16]. - Total liabilities decreased to ¥36,329,141.91 from ¥61,679,163.45 year-over-year, reflecting a reduction of approximately 41%[29]. Cash Flow - The company reported a net cash flow from operating activities of ¥57,162,369.20 for the year-to-date period[4]. - Net cash flow from operating activities for Q3 2022 was ¥57,162,369.20, a significant improvement compared to a negative cash flow of ¥15,714,191.70 in Q3 2021[24]. - The net cash flow from operating activities for the first three quarters of 2022 was CNY 41,165,657.62, a significant improvement from a negative cash flow of CNY 13,573,379.16 in the same period of 2021[33]. - Total cash inflow from investment activities was ¥813,465,529.77, compared to ¥358,058,040.48 in the same period last year, indicating a growth of approximately 127.6%[24]. - Cash outflow from investment activities totaled ¥851,668,292.09, resulting in a net cash flow from investment activities of -¥38,202,762.32, an improvement from -¥127,048,866.29 in Q3 2021[24]. - The company incurred a net cash outflow from investing activities of CNY 33,161,468.69 in the first three quarters of 2022, an improvement from a net outflow of CNY 151,162,782.52 in the same period of 2021[33]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 4,326[11]. - Total equity attributable to shareholders of the parent company was ¥679,255,345.85, an increase from ¥658,896,007.74 in the previous year[16]. - Total equity increased to ¥698,955,929.24 from ¥678,731,158.13, showing a growth of about 3.3%[29]. Research and Development - Research and development expenses amounted to ¥6,747,872.28, representing 8.53% of operating revenue, an increase of 2.67 percentage points year-on-year[5]. - Research and development expenses for the first three quarters of 2022 were ¥18,740,837.11, slightly up from ¥18,737,359.82 in the same period of 2021[19]. - The company’s research and development expenses for the first three quarters of 2022 were CNY 10,056,474.80, down from CNY 11,832,789.16 in the same period of 2021[30]. - The company has not disclosed any new product developments or technological advancements in the current report[13]. Market Conditions - The decline in revenue and profit was primarily attributed to reduced customer demand and decreased sales in the hoisting machinery industry[9]. - The company has not provided specific future guidance or market expansion strategies in the current report[13]. - The company plans to continue focusing on market expansion and new product development in the upcoming quarters[19].