FSL(SZ:000541)2022-10-27 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥2,061,412,360.91, a decrease of 13.71% compared to the same period last year[6]. - Net profit attributable to shareholders was ¥60,088,026.76, down 36.77% year-on-year[6]. - Basic earnings per share decreased by 36.79% to ¥0.0445[6]. - The total comprehensive income attributable to the parent company decreased by 86.18% to -¥158,375,059.73, mainly due to changes in the fair value of other equity investments[17]. - Net profit for the quarter was CNY 322,032,651.27, a decrease of 11.6% from CNY 364,141,679.67 in the previous year[40]. - The company’s operating profit was CNY 367,171,193.83, down from CNY 419,108,220.65, representing a decrease of 12.4%[40]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥544,288,075.20, an increase of 23.98% year-on-year[6]. - The net cash flow from operating activities increased by 23.98% to ¥544,288,075.20, mainly due to an increase in tax refunds received[17]. - The cash inflow from operating activities amounted to ¥6,401,686,206.78, an increase from ¥6,372,923,495.75 in the previous period, reflecting a growth of approximately 0.45%[44]. - The net cash flow from investment activities decreased by 105.82% to -¥56,689,738.38, primarily due to the previous period's sale of stocks[17]. - The net cash flow from financing activities decreased by 51.26% to -¥828,830,856.22, attributed to payments related to equity transfers[17]. - The cash inflow from financing activities totaled ¥729,942,572.70, a significant increase from ¥47,330,746.17 in the prior period[46]. Assets and Liabilities - Total assets at the end of the reporting period were ¥14,290,151,975.79, a decrease of 12.43% from the previous year-end[6]. - The company’s total assets were reported at CNY 14,290,151,975.79, down from CNY 16,317,843,693.47, indicating a decrease of 12.4%[34]. - The company reported a total liability of CNY 5,629,950,461.07, down from CNY 5,924,645,386.12, indicating a decrease of 4.97%[34]. - Total equity decreased to CNY 8,660,201,514.72 from CNY 10,393,198,307.35, reflecting a decline of 16.66%[34]. Investments and Expenses - Research and development expenses rose by 39.74% to ¥324,063,907.56 as a result of increased investment in R&D and expansion of the R&D team[14]. - The company reported a 58.22% decline in investment income to ¥13,670,258.81, due to lower dividend income from equity investments[14]. - The company’s long-term equity investments stood at RMB 180,449,874.83, slightly down from RMB 181,545,123.09 at the beginning of the year[31]. - The company's other equity instrument investments decreased significantly from RMB 1,504,980,024.07 to RMB 868,654,629.65, a decline of approximately 42.3%[31]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 62,656, with the largest shareholder holding 13.84%[18]. - The company repurchased 13 million A-shares for an employee stock incentive plan, with a total of 37,351,507 shares to be canceled, reducing the total share capital from 1,399,346,154 shares to 1,361,994,647 shares[25]. Government Subsidies and Compensation - The company reported a total of ¥47,741,537.68 in government subsidies recognized in the current period[10]. - The company received 30% of the compensation amounting to RMB 55,160,000 for the expropriation of land and buildings, with a total compensation of RMB 183,855,895[26]. Strategic Moves - The company completed a significant asset restructuring in February 2022, acquiring a 21.32% stake in Guoxing Optoelectronics[6]. - The company completed the acquisition of a 21.32% stake in Guoxing Optoelectronics, increasing its total ownership to 21.48%, making it a controlling subsidiary[28]. - The company is in the process of liquidating its wholly-owned subsidiary, FSL Lighting GmbH, as part of its restructuring efforts[27].