威孚高科(000581) - 2022 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2022 was ¥2,607,800,533.18, a decrease of 21.84% compared to the same period last year[12]. - The net profit attributable to shareholders for Q3 2022 was ¥175,558,437.23, down 63.77% year-on-year[12]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥210,509,494.30, a decrease of 52.59% compared to the same period last year[12]. - The total operating revenue for the third quarter was ¥9,744,973,391.15, a decrease of 21.0% compared to ¥12,374,064,752.07 in the same period last year[26]. - Net profit for the quarter was ¥1,316,193,532.05, a decline of 39.7% compared to ¥2,184,863,515.08 in the previous year[26]. - The total comprehensive income for the period was CNY 1,311,020,013.28, a decrease from CNY 2,155,838,658.64 in the previous period, reflecting a decline of approximately 39.2%[28]. - Basic and diluted earnings per share were both CNY 1.28, down from CNY 2.15 in the same period last year, representing a decrease of about 40.5%[28]. - The company reported an investment income of ¥1,290,350,201.96, down 19.6% from ¥1,604,654,814.36 year-over-year[26]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was -¥3,308,566,852.37, reflecting a significant decline of 749.34%[12]. - Cash inflows from operating activities totaled CNY 13,333,209,927.81, slightly down from CNY 13,367,855,035.03 in the previous period, indicating a marginal decline of 0.26%[28]. - Cash outflows from operating activities totaled 16,641,776,780.18, up from 12,858,328,799.83, reflecting increased operational expenses[44]. - The net cash flow from investment activities was 2,562,013,852.70, an increase from 532,483,140.51, indicating improved investment performance despite lower inflows[44]. - Cash inflows from financing activities rose to 4,410,522,305.96 from 1,345,154,213.83, suggesting increased borrowing or investment[44]. - The total cash and cash equivalents at the end of the period were 1,209,309,412.81, slightly down from 1,304,810,878.91, reflecting a decrease in liquidity[44]. - The company paid 1,032,881,961.33 in employee-related cash outflows, compared to 1,110,481,978.07 previously, indicating cost-cutting measures[44]. - Tax payments increased to 525,381,265.00 from 407,724,984.41, reflecting higher tax obligations[44]. Assets and Liabilities - Total assets at the end of the reporting period were ¥29,449,289,478.55, an increase of 5.29% from the end of the previous year[12]. - The total assets reached ¥29,449,289,478.55, an increase of 5.3% from ¥27,970,858,427.84[24]. - Total liabilities rose to ¥9,889,684,269.99, up 23.4% from ¥8,008,156,672.37 year-over-year[24]. - The company's equity attributable to shareholders decreased to ¥18,835,269,770.40 from ¥19,398,607,689.65, a decline of 2.9%[24]. - The company's inventory decreased by CNY 1,121,120,000, a decline of 32.54%, primarily due to inventory consumption and a reduction in finished goods[32]. - The total liabilities as of September 30, 2022, were CNY 2,739,669,950.48, reflecting a significant change from CNY 2,053,800,293.77 at the beginning of the year[36]. Operational Changes and Investments - Accounts receivable increased by ¥685,869,700, representing a growth of 33.4% compared to the end of the previous year[15]. - Short-term borrowings increased by ¥2,496,740,700, a growth of 173.63%, primarily due to increased borrowings for platform trade business[5]. - The company initiated a "platform trade" business in 2022, which was impacted by contract fraud, leading to its accounting treatment as a cash flow rather than normal trade[20]. - Research and development expenses increased to ¥435,718,030.62, up 6.7% from ¥408,858,575.27 year-over-year[26]. - Financial expenses rose by CNY 28,928,900, an increase of 138.79%, primarily due to higher borrowing interest costs[33]. - Other income increased by CNY 39,372,500, a growth of 101.09%, mainly attributed to increased government subsidies[33]. - Construction in progress increased by CNY 118,534,600, a growth of 30.60%, mainly due to increased fixed asset investments[32]. Fair Value and Market Impact - The company reported a decrease in fair value gains of ¥113,165,300 compared to the same period last year, mainly due to changes in the fair value of listed company stocks[7]. - The company experienced a foreign exchange impact of 1,838,246.75 on cash and cash equivalents, contrasting with a negative impact of -5,808,286.33 in the previous period[44].