京东方A(000725) - 2022 Q3 - 季度财报

Financial Performance - Revenue for Q3 2022 was ¥41.13 billion, a decrease of 26.79% compared to ¥55.99 billion in the same period last year[5] - Net profit attributable to shareholders was -¥1.30 billion, down 118.01% from ¥7.25 billion year-on-year[5] - Net profit excluding non-recurring items was -¥2.69 billion, a decline of 138.81% from ¥6.94 billion in the previous year[5] - Basic earnings per share were -¥0.039, a decrease of 119.90% from ¥0.197 in the same period last year[5] - Total operating revenue for the current period is CNY 132.74 billion, a decrease of 19.5% from CNY 164.80 billion in the previous period[19] - Net profit for the current period is CNY -1.33 billion, compared to a net profit of CNY 26.02 billion in the previous period, indicating a significant decline[20] - Basic earnings per share for the current period is CNY 0.128, down from CNY 0.564 in the previous period[22] Cash Flow - Cash flow from operating activities for the year-to-date was ¥31.03 billion, down 30.73% from ¥44.75 billion last year[5] - The net cash flow from operating activities for the current period is ¥31,030,436,301, a decrease of 30.8% compared to ¥44,793,836,011 in the previous period[23] - Cash inflow from investment activities increased significantly to ¥63,677,316,412, compared to ¥26,326,812,787 in the previous period[23] - The net cash flow from financing activities shows a negative balance of ¥10,235,331,115, worsening from a negative ¥5,149,197,635 in the previous period[24] - The total cash and cash equivalents at the end of the period decreased to ¥72,422,237,580 from ¥81,295,613,675 in the previous period[24] - The company received cash from the absorption of investments amounting to ¥2,701,942,329, down from ¥28,856,737,400 in the previous period[24] - Cash received from borrowings increased to ¥43,532,798,686, compared to ¥23,470,837,385 in the previous period[24] - The cash outflow for purchasing fixed assets and other long-term assets was ¥21,617,268,503, down from ¥28,852,051,825 in the previous period[23] - The cash inflow from tax refunds was ¥15,073,124,057, an increase from ¥8,364,815,287 in the previous period[23] - The company reported a cash outflow of ¥4,733,280,889 for taxes, a decrease from ¥5,980,745,956 in the previous period[23] - The net cash flow from investment activities was negative at ¥26,839,053,791, slightly worsening from ¥-25,947,852,480 in the previous period[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥430.99 billion, a decrease of 4.27% from ¥450.23 billion at the end of the previous year[5] - The company’s total assets decreased to CNY 430.99 billion from CNY 450.23 billion, a reduction of 4.3%[18] - Total liabilities decreased to CNY 228.21 billion from CNY 232.85 billion, a reduction of 2.8%[18] - The total equity decreased to CNY 202.79 billion from CNY 217.38 billion, reflecting a decline of 6.7%[18] - The company reported a decrease in total liabilities, with current liabilities dropping from 69,000,000,000.00 CNY to 66,000,000,000.00 CNY, indicating a reduction of about 4.3%[17] Shareholder Information - The total number of common shareholders at the end of the reporting period is 1,604,066, with 1,571,609 holding restricted shares[9] - Beijing State-owned Capital Operation Management Co., Ltd. holds 10.64% of shares, totaling 4,063,333,333 shares[9] - Hong Kong Central Clearing Limited holds 3.70% of shares, totaling 1,414,248,418 shares[9] - Beijing Jingdong Investment Development Co., Ltd. holds 2.15% of shares, totaling 822,092,180 shares[9] - The top ten shareholders collectively hold significant stakes, with the largest shareholder holding over 10%[9] Investments and Projects - Construction in progress increased by 33% compared to the beginning of the year, reflecting ongoing investments in new projects[8] - The company plans to raise up to 2 billion CNY through a private placement to fund various projects, including a 24.06% stake acquisition in Wuhan BOE Optoelectronics[15] - The company has initiated the first phase of the 12-inch silicon-based OLED project, achieving small-scale production in 2021, but further phases are pending due to market conditions[15] Financial Management - Other income increased by 206% year-on-year, primarily due to an increase in government subsidies during the reporting period[8] - Financial expenses decreased by 53% year-on-year, mainly due to a reduction in net interest expenses[8] - The company reported a significant increase in financial expenses, totaling CNY 1.30 billion, compared to CNY 2.73 billion in the previous period, a decrease of 52.5%[20] - Deferred income decreased to CNY 4.93 billion from CNY 6.42 billion, a decline of 23.3%[18] Share Buyback and Bonds - The company completed a share buyback of 243,229,361 B shares, accounting for approximately 25.98% of total B shares and 0.63% of total share capital, with a total expenditure of 999,999,946.81 HKD[15] - The company has issued multiple tranches of perpetual bonds, with the first tranche maturing on October 28, 2022[13] - The company decided not to exercise the renewal option for the 19BOEY1 bond, opting for full repayment instead[14] - The company has a total of 528,186,052 shares held in a repurchase special securities account[12] - The report indicates that there are no known related party transactions among the top ten shareholders[12] - The company maintains a consistent relationship with its major shareholders through various agreements[12]