ETI(SZ:002005)2022-10-26 16:00Financial Performance - The company's revenue for Q3 2022 was ¥266,927,577.57, a decrease of 52.40% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2022 was -¥72,814,953.73, down 40.51% year-on-year[5]. - The company's basic and diluted earnings per share for Q3 2022 were both -¥0.0415, a decline of 41.16% year-on-year[5]. - Total revenue for the third quarter decreased by 31.07% to CNY 1,234,722,794.25, primarily due to a decline in small appliance sales[9]. - Total operating revenue for the third quarter was CNY 978.11 million, a decrease of 36.4% compared to CNY 1,537.05 million in the same period last year[19]. - The net loss for the quarter was CNY 231.43 million, compared to a net loss of CNY 223.39 million in the previous year, reflecting a decline of 3.1%[21]. - The company reported a comprehensive loss of CNY -119,662,653.85, a 49.47% improvement compared to the previous year, mainly due to foreign currency translation adjustments[9]. - The company reported a comprehensive loss of CNY 119.66 million, compared to a comprehensive loss of CNY 236.79 million in the previous year, indicating an improvement[22]. Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥74,526,856.56, an increase of 146.72%[5]. - Cash flow from operating activities showed a net inflow of CNY 74,526,856.56, a turnaround from a net outflow of CNY -159,509,134.26 in the previous year[9]. - The net cash flow from operating activities for the current period is ¥74,526,856.56, a significant improvement from the previous period's net cash flow of -¥159,509,134.26[23]. - Total cash inflow from operating activities decreased to ¥1,428,307,040.86, down 25.8% from ¥1,924,771,170.06 in the previous period[23]. - Cash outflow from operating activities also decreased to ¥1,353,780,184.30, down 35% from ¥2,084,280,304.32 in the previous period[23]. - The net cash flow from financing activities improved to ¥64,188,455.50, recovering from a negative cash flow of -¥43,365,818.77 in the previous period[24]. - The total cash and cash equivalents at the end of the period reached ¥420,356,799.16, an increase from ¥223,612,910.90 at the end of the previous period[24]. - The company received ¥64,897,493.56 in cash from borrowings, a significant increase from ¥12,338,084.50 in the previous period[24]. - The company reported a significant increase in other comprehensive income, with a net amount of CNY 111,764,550.10, reflecting a 933.61% rise due to foreign currency translation adjustments[9]. Assets and Liabilities - Total assets as of September 30, 2022, were ¥2,932,255,208.61, a decrease of 14.51% from the end of the previous year[5]. - The company's total liabilities increased significantly, with short-term borrowings rising by 1831.42% to ¥58,683,657.95[8]. - The company's equity attributable to shareholders decreased by 8.43% to ¥1,286,677,767.74 compared to the end of the previous year[5]. - The total assets of the company as of September 30, 2022, are ¥2,932,255,208.61, down from ¥3,430,010,841.54 at the beginning of the year[16]. - The company's short-term borrowings increased to ¥58,683,657.95 from ¥3,038,370.35 at the beginning of the year[16]. - The company's total liabilities decreased to CNY 1,477.23 million from CNY 1,855.33 million, a reduction of 20.3%[18]. - The total equity attributable to shareholders of the parent company was CNY 1,286.68 million, down from CNY 1,405.09 million, a decrease of 8.4%[18]. Research and Development - Research and development expenses for the first nine months of 2022 were ¥26,426,161.39, a decrease of 30.58% compared to the previous year[8]. - Research and development expenses for the quarter were CNY 26.43 million, a decrease of 30.7% from CNY 38.07 million in the same period last year[19]. Other Financial Metrics - Other income dropped by 70.94% to CNY 16,020,661.51, mainly due to a significant reduction in deferred government subsidies[9]. - Investment income improved by 106.35% to CNY 1,600,157.58, attributed to a decrease in losses from equity method investments[9]. - The company recorded an investment income of CNY 1.60 million, compared to a loss of CNY 25.21 million in the previous year, showing a significant turnaround[19]. - Cash received from investment activities fell by 91.62% to CNY 20,920,694.67, primarily due to reduced cash recovery from investments[10]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 44,899[11]. - Zhejiang Chengze Technology holds 21.92% of shares, totaling 384,129,200 shares[11]. Legal and Regulatory Matters - The company is involved in an arbitration case regarding a claim for investment principal of ¥100 million and fixed returns of ¥143.012279 million[14]. - The company is cooperating with investigations related to allegations against its former actual controller, which may impact its operations[14].