ZYDX(SH:688509)2022-10-27 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥186,303,747.16, a decrease of 21.29% compared to the same period last year[5] - The net profit attributable to shareholders was -¥28,240,902.36, reflecting a decline of 106.50% year-on-year[5] - The net profit after deducting non-recurring gains and losses was -¥30,357,243.72, down 33.07% from the previous year[5] - Basic earnings per share were -¥0.0367, a decrease of 106.05% compared to the same period last year[6] - Total operating revenue for the first three quarters of 2022 was CNY 765,068,154.23, a decrease of 18% compared to CNY 932,089,395.83 in the same period of 2021[22] - Net profit for the third quarter of 2022 was a loss of CNY 40,566,539.32, compared to a loss of CNY 31,967,652.41 in the same quarter of 2021, indicating a worsening of approximately 27%[23] - The total comprehensive income attributable to the parent company for Q3 2022 was -46,278,621.49 RMB, compared to -36,037,541.27 RMB in Q3 2021, reflecting a decline of approximately 28.5%[24] - The company's basic and diluted earnings per share for Q3 2022 were both -0.0601 RMB, compared to -0.0468 RMB in Q3 2021, reflecting a worsening in profitability[24] - Net profit for the third quarter was CNY -20,609,293.63, compared to CNY -31,906,256.05 in the previous year, showing an improvement of approximately 35.2%[34] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,740,604,665.35, a decrease of 5.74% from the end of the previous year[6] - The company's total assets decreased to CNY 3,740,604,665.35 in Q3 2022 from CNY 3,968,272,746.60 in Q3 2021, a decline of about 6%[21] - Total liabilities decreased to CNY 2,094,398,565.56 in Q3 2022 from CNY 2,271,823,047.47 in Q3 2021, representing a reduction of approximately 8%[20] - The equity attributable to shareholders of the parent company decreased to CNY 1,449,336,947.13 in Q3 2022 from CNY 1,505,492,938.55 in Q3 2021, a decline of about 4%[21] - Total current liabilities decreased from CNY 1,280,048,088.08 to CNY 1,097,357,548.19, a reduction of about 14.3%[31] - The total liabilities decreased from CNY 1,298,740,684.58 to CNY 1,107,040,323.38, a decline of approximately 14.7%[31] Cash Flow - Cash flow from operating activities was reported at ¥174,914,693.06, with no applicable data for the previous period[6] - The net cash flow from operating activities for the first three quarters of 2022 was -174,914,693.06 RMB, an improvement from -214,939,238.81 RMB in the same period of 2021[26] - Cash received from sales of goods and services in the first three quarters of 2022 was 803,144,823.91 RMB, down from 870,454,819.16 RMB in the previous year, indicating a decrease of about 7.7%[25] - The net cash flow from investing activities for Q3 2022 was -12,813,511.93 RMB, compared to -18,982,777.22 RMB in Q3 2021, showing a reduction in cash outflow[27] - The net cash flow from financing activities for Q3 2022 was -37,842,104.12 RMB, a significant decrease from 277,013,323.25 RMB in Q3 2021, indicating a shift in financing strategy[27] - The company's cash inflow from operating activities totaled CNY 442,270,079.84, slightly down from CNY 450,984,851.36 year-over-year[35] - Cash inflow from investment activities totaled 25,681,447.85, while cash outflow was 47,306,751.67[36] - Cash outflow for debt repayment was 131,625,724.83, significantly higher than 70,000,000.00 in the previous period[36] Shareholder Information - As of September 30, 2022, the total number of ordinary shareholders was 14,443[14] - The top shareholder, China Metallurgical Geology Bureau, holds 38.52% of the shares, totaling 385,207,800 shares[14] - The second-largest shareholder, Ningbo Zhongdi Xin No. 1 Investment Management Partnership, holds 9.5% of the shares, totaling 73,728,600 shares[15] - The company has no significant related party transactions or concerted actions among the top shareholders[15] Research and Development - Research and development expenses totaled ¥12,471,303.14, accounting for 6.69% of operating revenue, an increase of 0.79 percentage points[6] - Research and development expenses for the first three quarters of 2022 were CNY 47,295,426.01, a decrease from CNY 55,162,903.59 in the same period of 2021, reflecting a reduction of about 14%[22] - Research and development expenses decreased from CNY 25,744,279.25 to CNY 19,063,873.17, a decline of approximately 26.3%[33] Inventory and Contract Liabilities - The company's inventory increased by 348.38% at the end of the reporting period, attributed to the rise in costs of uninstalled equipment and customized software projects[11] - Contract liabilities increased by 45.49% at the end of the reporting period, mainly due to advance payments received under contract terms[11] Credit and Impairment - The company's credit impairment losses decreased by CNY 22.38 million compared to the same period last year, attributed to strengthened collection efforts on long-aged receivables[12] - The company reported a credit impairment loss of CNY -19,726,293.70 in Q3 2022, compared to CNY -42,107,892.95 in Q3 2021, indicating an improvement in credit quality[23]