HYATECH(SH:688510)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥87,798,842.50, representing a year-on-year increase of 10.15%[3] - The net profit attributable to shareholders for Q3 2022 was ¥1,257,373.97, a significant increase of 119.06% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses reached ¥733,678.75, showing a remarkable increase of 256.43% year-on-year[3] - Basic earnings per share for Q3 2022 were ¥0.0049, reflecting a 119.06% increase compared to the previous year[4] - Total operating revenue for the first three quarters of 2022 reached ¥249,602,670.26, an increase of 18.1% compared to ¥211,187,593.40 in the same period of 2021[18] - Total operating costs for the first three quarters of 2022 were ¥233,792,846.19, up from ¥206,995,488.99, reflecting an increase of 12.9%[18] - Net profit for the third quarter of 2022 was ¥7,817,221.08, a decrease of 29.9% from ¥11,047,187.80 in the same quarter of 2021[19] - Basic and diluted earnings per share for the third quarter of 2022 were both ¥0.0339, down from ¥0.0428 in the same quarter of 2021[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,386,455,463.07, marking a 1.71% increase from the end of the previous year[4] - Total current assets as of September 30, 2022, amount to ¥724,698,704.67, a decrease from ¥837,357,580.85 at the end of 2021[15] - Total liabilities as of the end of the third quarter of 2022 amounted to ¥398,775,530.27, an increase of 11.6% from ¥357,394,276.27 at the end of the previous year[17] - Total equity attributable to shareholders of the parent company decreased to ¥943,561,782.31 from ¥960,628,936.13, a decline of 1.8%[17] - Non-current assets total ¥661,756,758.40, up from ¥525,737,667.94[15] Cash Flow - The company reported a cash flow from operating activities of -¥1,973,178.38, indicating a negative cash flow situation[3] - Cash inflow from operating activities for the first three quarters of 2022 was CNY 231,885,879.34, a significant increase from CNY 138,937,449.14 in the same period of 2021, representing a growth of approximately 67%[21] - The net cash flow from operating activities for the first three quarters of 2022 was negative CNY 1,973,178.38, an improvement compared to negative CNY 42,771,793.04 in the first three quarters of 2021[21] - Cash outflow from investing activities in the first three quarters of 2022 was CNY 185,571,307.23, a decrease from CNY 366,645,747.70 in the same period of 2021, indicating a reduction of about 49%[22] - The net cash flow from investing activities for the first three quarters of 2022 was negative CNY 155,359,803.88, an improvement from negative CNY 271,549,329.37 in the first three quarters of 2021[22] - Cash inflow from financing activities for the first three quarters of 2022 was CNY 35,750,300.00, down from CNY 119,268,000.00 in the same period of 2021[22] - The net cash flow from financing activities for the first three quarters of 2022 was negative CNY 22,630,827.87, compared to positive CNY 65,457,298.19 in the first three quarters of 2021[22] - The total cash and cash equivalents at the end of the third quarter of 2022 amounted to CNY 305,428,289.92, an increase from CNY 208,106,354.57 at the end of the same period in 2021[22] Research and Development - Research and development expenses totaled ¥9,077,761.48 for the quarter, a decrease of 34.18% compared to the same period last year[4] - The proportion of R&D expenses to operating revenue was 10.34%, down from 12.02% in the previous year, indicating a strategic reduction in R&D spending[4] - Research and development expenses for the first three quarters of 2022 were ¥30,012,140.48, down 20.5% from ¥37,865,819.61 in the same period of 2021[18] - The company plans to control the proportion of R&D projects to manage expenses more effectively, leading to a temporary reduction in R&D investment[9] Shareholder Information - Total number of common shareholders at the end of the reporting period is 7,505[11] - The largest shareholder, Yan Qi, holds 37,317,391 shares, representing 14.44% of total shares[11] Strategic Outlook - The company has not disclosed any significant new strategies or product developments during the reporting period[13] - The company plans to enhance market expansion strategies and invest in new product development to drive future growth[20]