WXQC(SZ:000559)2022-10-25 16:00Financial Performance - The company's revenue for Q3 2022 reached ¥3,746,544,014.36, representing a year-over-year increase of 12.19%[2] - Net profit attributable to shareholders was ¥170,594,065.87, a decrease of 2.99% compared to the same period last year[2] - The net profit excluding non-recurring gains and losses was ¥150,305,868.76, which increased by 15.18% year-over-year[2] - Total operating revenue for the third quarter of 2022 reached ¥11,109,458,992.01, an increase of 5.65% compared to ¥10,514,327,953.48 in the same period last year[13] - The company's net profit attributable to shareholders increased to ¥2,115,905,587.54, compared to ¥1,858,666,647.81, representing a growth of 13.83%[12] - The net profit for the third quarter of 2022 was CNY 624,543,782.14, an increase of 18.5% compared to CNY 526,843,057.43 in the same period last year[14] - Operating profit reached CNY 671,792,891.50, up from CNY 570,410,824.02, reflecting a growth of 17.7% year-over-year[14] - Earnings per share (EPS) for the quarter was CNY 0.186, compared to CNY 0.156 in the same quarter last year, indicating a 19.2% increase[15] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥18,179,048,272.66, reflecting an increase of 8.07% from the end of the previous year[2] - The company's total assets increased to ¥18,179,048,272.66, compared to ¥16,820,794,380.68 in the previous year, marking a growth of 8.06%[12] - Current liabilities rose to ¥7,589,618,635.45, up from ¥6,185,051,860.09, indicating a significant increase of 22.67%[12] - Long-term borrowings slightly decreased to ¥892,785,681.76 from ¥900,994,109.81, showing a decline of 1.34%[12] - The total equity attributable to shareholders was ¥8,502,369,270.46, showing a slight decrease of 0.61% from the previous year-end[2] - The total equity attributable to shareholders decreased to ¥8,502,369,270.46 from ¥8,554,498,815.63, a decline of 0.61%[12] Cash Flow - Cash flow from operating activities for the year-to-date was ¥718,012,825.63, up 47.19% compared to the same period last year[7] - The cash flow from operating activities generated a net inflow of CNY 718,012,825.63, up from CNY 487,805,315.22, representing a growth of 47.2%[17] - The cash and cash equivalents as of September 30, 2022, were 3,881,025,028.82 CNY, down from 6,237,052,422.91 CNY at the beginning of the year[10] - The cash and cash equivalents at the end of the period were CNY 3,411,156,995.21, a decrease from CNY 5,769,887,249.61 at the end of the previous year[17] - The total cash outflow from financing activities was CNY 4,636,349,731.37, compared to CNY 3,834,029,381.25 in the previous year, reflecting an increase of 20.9%[17] Investments and Expenses - The company reported a significant increase in prepayments, which rose by 184.11% to ¥736,912,714.10, primarily due to increased material payments[5] - The company’s investment income surged by 263.14% to ¥179,707,056.35, attributed to higher dividend income received[5] - Research and development expenses for the quarter were ¥377,585,840.32, compared to ¥360,421,360.00 in the previous year, reflecting an increase of 4.67%[13] - The company reported a financial expense of -¥1,749,200.08, a significant improvement compared to -¥20,019,452.91 in the previous year[13] Shareholder Information - The total number of common shareholders at the end of the reporting period was 90,416[8] - Wanxiang Group Company holds a 63.97% stake, amounting to 2,113,434,626 shares[8] - The top ten shareholders include China Automotive Industry Investment Development Co., holding 1.68% or 55,453,766 shares[8] - The company has not disclosed any related party relationships among the other shareholders[9] - The total number of preferred shareholders at the end of the reporting period is not applicable[9] Strategic Initiatives - The company is exploring new strategies for market expansion and product development[9]