XGIMI(SH:688696)2022-10-27 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥846,441,063.03, a decrease of 11.59% compared to the same period last year[8] - The net profit attributable to shareholders for Q3 2022 was ¥60,200,453.14, down 44.01% year-over-year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥42,984,651.77, a decline of 49.16% compared to the previous year[8] - The basic earnings per share for Q3 2022 was ¥0.86, a decrease of 44.00% compared to the same period last year[11] - The weighted average return on equity for Q3 2022 was 2.05%, a decrease of 2.23 percentage points year-over-year[11] - The total operating revenue for the first three quarters of 2022 was CNY 2,882,497,285.35, an increase from CNY 2,644,071,229.75 in the same period of 2021, representing a growth of approximately 9%[36] - The net profit for the third quarter of 2022 was CNY 329,356,827.33, up from CNY 300,241,675.04 in the same quarter of 2021, reflecting a growth of approximately 9.7%[38] - The basic earnings per share for the third quarter of 2022 was CNY 4.71, compared to CNY 4.54 in the same quarter of 2021, showing an increase of about 3.7%[41] - The company’s total comprehensive income for the third quarter of 2022 was CNY 341,274,712.15, compared to CNY 300,087,563.18 in the same quarter of 2021, reflecting an increase of approximately 13.7%[41] Research and Development - The total R&D investment for Q3 2022 was ¥90,576,931.78, an increase of 43.78% year-over-year, representing 10.70% of operating revenue[11] - Research and development expenses for the first three quarters of 2022 were CNY 285,230,533.73, significantly higher than CNY 175,338,703.02 in the same period of 2021, marking an increase of approximately 62.8%[36] Assets and Liabilities - The total assets at the end of Q3 2022 were ¥5,053,213,937.39, a decrease of 1.70% from the end of the previous year[11] - The equity attributable to shareholders at the end of Q3 2022 was ¥2,981,816,516.44, an increase of 7.96% compared to the end of the previous year[11] - Total current assets decreased to RMB 3,701,868,699.48 from RMB 3,820,674,786.81 year-on-year[30] - Non-current assets totaled RMB 1,351,345,237.91, up from RMB 1,320,110,230.24 year-on-year[30] - The total liabilities decreased to CNY 2,068,267,353.25 in 2022 from CNY 2,378,858,949.05 in 2021, a reduction of about 13%[34] - The total equity increased to CNY 2,984,946,584.14 in 2022 from CNY 2,761,926,068.00 in 2021, representing a growth of approximately 8.1%[34] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥281,680,733.95, reflecting a significant decline of 516.54%[11] - The net cash flow from operating activities for the first three quarters of 2022 was -281,680,733.95 RMB, compared to 67,623,712.38 RMB in the same period of 2021, indicating a significant decline[44] - The total cash inflow from operating activities was 3,356,860,687.02 RMB, slightly up from 3,085,595,594.74 RMB in the same period last year[44] - The cash paid to employees increased to 422,827,551.51 RMB from 287,942,021.40 RMB, reflecting a rise in labor costs[44] - The company reported a total cash outflow from operating activities of 3,638,541,420.97 RMB, compared to 3,017,971,882.36 RMB in the previous year, indicating increased operational expenses[44] - Total cash inflow from investment activities reached 6,385,367,270.28 RMB, a substantial increase from 1,840,278,117.88 RMB in the previous year[47] - The net cash flow from investment activities was 596,162,935.16 RMB, recovering from a negative cash flow of -1,560,079,084.40 RMB in the same period last year[47] - Cash inflow from financing activities totaled 150,724,297.50 RMB, down from 1,856,088,505.00 RMB in the previous year[47] - The net cash flow from financing activities was -240,540,856.35 RMB, contrasting sharply with a positive cash flow of 1,574,999,826.42 RMB in the same period of 2021[47] - The total cash and cash equivalents at the end of the period amounted to 1,113,827,869.89 RMB, compared to 571,568,449.97 RMB at the end of the previous year[47] Shareholder Information - Total number of common shareholders at the end of the reporting period was 7,530[22] - The largest shareholder, Zhong Bo, holds 13,133,554 shares, accounting for 18.76% of total shares[22] - The company has no known financing or margin trading activities among its top shareholders[24] Other Financial Metrics - The company reported government subsidies recognized in Q3 2022 amounting to ¥10,871,579.11, contributing to non-recurring gains[12] - The company reported accounts receivable of RMB 144,958,046.51, an increase from RMB 86,774,491.92 in the previous year[30] - The company has a goodwill of RMB 17,098,559.83, which was not reported in the previous year[30] - The company received 100,284,688.20 RMB in tax refunds, significantly higher than 37,140,782.69 RMB in the previous year[44] - The deferred income increased significantly to CNY 449,104,737.87 in 2022 from CNY 57,947,852.51 in 2021, indicating a substantial growth[34] - The company reported a financial expense of CNY 16,984,064.76 in the third quarter of 2022, compared to a negative financial expense of CNY -1,924,900.92 in the same quarter of 2021[38]