DEREN(SZ:002055)2022-10-28 16:00Financial Performance - The company's revenue for Q3 2022 reached CNY 1,965,147,411.40, representing a 15.85% increase year-over-year[3]. - Net profit attributable to shareholders was CNY 4,187,837.54, a significant increase of 106.44% compared to the same period last year[3]. - Total operating revenue for the period reached CNY 5,630,546,470.70, an increase of 3.77% compared to CNY 5,425,803,546.72 in the previous period[15]. - Net profit for the period was CNY -83,004,831.40, an improvement from CNY -96,514,462.50 in the previous period, indicating a reduction in losses[16]. - The comprehensive income total for the period was CNY -74,334,108.28, compared to CNY -103,875,677.11 in the previous period, showing a significant reduction in comprehensive losses[17]. Cash Flow - The company reported a net cash flow from operating activities of CNY 161,484,855.96, an increase of 117.94% compared to the previous year[8]. - Operating cash flow for the period reached ¥161,484,855.96, a significant improvement from a negative cash flow of ¥900,351,480.17 in the previous period[18]. - Total cash inflow from operating activities was ¥4,976,223,448.12, compared to ¥4,170,628,258.40 in the prior period, indicating a year-over-year increase of approximately 19.3%[18]. - The company's net cash flow from all activities resulted in a decrease of ¥1,306,207,449.75 in cash and cash equivalents during the reporting period[19]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 8,961,164,963.14, a decrease of 10.11% from the end of the previous year[3]. - The company's total current assets decreased from 6,130,446,410.05 CNY at the beginning of the year to 5,136,305,984.07 CNY by September 30, 2022, a decline of approximately 16.3%[13]. - Total liabilities decreased to CNY 5,512,645,836.76 from CNY 6,445,941,836.91, a reduction of 14.43%[16]. - The company's total equity stood at CNY 3,448,519,126.38, down from CNY 3,522,853,234.66, reflecting a decrease of 2.11%[16]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 46,295[10]. - The largest shareholder, Shenzhen Desheng Asset Management Co., Ltd., holds 16.96% of shares, totaling 102,536,915 shares, with 88,036,915 shares pledged and frozen[10]. Investment and R&D - The revenue from the new energy vehicle onboard power management module business grew by 40.83% year-over-year in Q3 2022[7]. - Research and development expenses increased to CNY 253,337,838.29, up 16.63% from CNY 217,194,045.95[16]. - The company plans to continue focusing on product research and development and market expansion to improve operational performance[7]. - The company has plans for market expansion and new product development, although specific details were not disclosed in the report[12]. Inventory and Accounts - Inventory increased from 1,648,490,343.09 CNY at the beginning of the year to 1,755,020,177.75 CNY, reflecting a growth of about 6.5%[13]. - The company reported a total of 1,543,498,546.83 CNY in accounts receivable, down from 1,635,147,522.57 CNY, indicating a decline of about 5.6%[13]. - Accounts payable decreased from 2,079,819,213.19 CNY to 1,822,222,988.11 CNY, a decrease of approximately 12.4%[13]. Cash Management - The company’s cash and cash equivalents decreased by 71.51%, down CNY 138,354,260.00, primarily due to investments in cash management products[8]. - The company's cash and cash equivalents at the end of the period stood at ¥441,119,689.98, down from ¥1,747,327,139.73 at the beginning of the period[19]. - Cash outflow from investing activities totaled ¥2,247,741,108.46, a substantial increase from ¥227,670,998.50 in the previous period, leading to a net cash flow from investing activities of -¥860,125,274.03[19]. - Cash inflow from financing activities was ¥2,085,969,646.63, while cash outflow amounted to ¥2,695,574,925.71, resulting in a net cash flow from financing activities of -¥609,605,279.08[19].