滨海能源(000695) - 2022 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2022 was ¥63,651,577.64, a decrease of 60.69% compared to the same period last year[5]. - The net profit attributable to shareholders was -¥33,436,982.40, an increase of 185.71% year-on-year, while the net profit for the year-to-date period was -¥72,584,281.08, a decrease of 147.99%[5]. - The basic and diluted earnings per share were both -¥0.1505, reflecting a year-on-year increase of 185.65%[5]. - The company reported a 53.66% decrease in operating revenue year-on-year due to reduced order volume and some sales returns[9]. - Total operating revenue for the period was ¥319,438,060.57, a decrease of 15.8% compared to ¥379,403,563.38 in the previous period[20]. - Net profit for the period was a loss of ¥137,451,194.45, compared to a loss of ¥47,905,561.48 in the previous period, indicating a significant increase in losses[22]. - The total comprehensive income for the period was a loss of ¥137,451,194.45, compared to a loss of ¥47,905,561.48 in the previous period[22]. Cash Flow and Assets - The net cash flow from operating activities for the year-to-date period was -¥65,956,637.02, a decrease of 211.45% compared to the same period last year[5]. - The net cash flow from operating activities was -¥65,956,637.02, worsening from -¥21,176,974.21 in the previous period[24]. - Cash and cash equivalents decreased to CNY 11,841,035.73 from CNY 28,519,423.64, a decline of approximately 58%[18]. - Cash and cash equivalents at the end of the period stood at ¥11,012,854.40, down from ¥29,847,707.38 at the end of the previous period[24]. - Total assets at the end of the reporting period were ¥852,402,928.12, down 15.96% from the end of the previous year[5]. - Current assets decreased to CNY 398,324,461.06 from CNY 505,382,347.62, representing a reduction of about 21%[18]. - The company’s total equity decreased to CNY 379,142,982.84 from CNY 517,024,513.35, a decline of approximately 27%[19]. Liabilities and Borrowing - Total liabilities were CNY 473,259,945.28, down from CNY 497,313,111.38, indicating a decrease of approximately 5%[19]. - The company borrowed CNY 29 million from its shareholder Tianjin Culture for operational needs, with a loan term of 11 months at an interest rate of 3.65%[15]. - The company’s subsidiary, Haishun Printing, also borrowed CNY 29 million from its controlling shareholder, with similar terms[16]. Expenses and Impairments - Sales expenses increased by 23.96% year-on-year, attributed to higher labor costs and rental fees for finished goods warehouses[10]. - Research and development expenses increased to ¥13,401,463.87 from ¥10,944,828.15, marking a rise of 22.5%[20]. - The company reported a significant credit impairment loss of ¥27,903,614.36, compared to a gain of ¥749,885.54 in the previous period[20]. - The company incurred a loss from investments of ¥546,136.58, worsening from a loss of ¥204,578.81 in the previous period[20]. Inventory and Fixed Assets - Inventory levels dropped to CNY 148,758,742.69 from CNY 199,285,300.04, reflecting a decrease of about 25%[18]. - The company’s fixed assets increased by 58.68% compared to the beginning of the year, while the balance of right-of-use assets decreased by 44.24%[10]. Operational Changes - The company completed the liquidation and deregistration of its subsidiary, Xihe Auction, as part of its strategy to streamline operations[14].