HNHD(SZ:002163)2022-10-25 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥988,013,012.06, representing a 1.43% increase year-over-year, while the year-to-date revenue decreased by 10.28% to ¥2,362,239,828.15[7] - The net profit attributable to shareholders for Q3 2022 was a loss of ¥14,192,072.66, a decline of 126.01% compared to the same period last year, with a year-to-date loss of ¥71,478,689.13, down 184.52%[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥15,703,157.04 for Q3 2022, which is a 69.85% increase in loss year-over-year[7] - The net profit for the current period is -88,689,462.00, a decrease of 190.37% compared to the same period last year[16] - The operating profit is -92,238,151.37, reflecting a decline of 175.27% year-over-year[16] - Total operating revenue for the current period is approximately ¥2.36 billion, a decrease of 10.24% from ¥2.63 billion in the previous period[38] - Net profit for the current period is approximately -¥88.69 million, compared to a net profit of ¥98.15 million in the previous period, indicating a significant decline[42] - Basic and diluted earnings per share for the current period are both -¥0.08, compared to ¥0.11 in the previous period[44] Assets and Liabilities - The company's total assets at the end of Q3 2022 were ¥5,847,943,301.41, reflecting a 0.73% increase from the end of the previous year[7] - The total liabilities of the company as of September 30, 2022, were RMB 4,245,336,980.49, down from RMB 4,702,211,055.35, indicating a reduction of approximately 9.7%[37] - The company's total assets increased slightly to RMB 5,847,943,301.41 from RMB 5,805,779,804.99, showing a growth of about 0.7%[37] - The company’s long-term equity investments increased to RMB 111,840,106.71 from RMB 108,678,896.23, reflecting a growth of approximately 2%[34] Cash Flow - The net cash flow from operating activities for the year-to-date period was a negative ¥427,178,182.41, a decrease of 35.29% year-over-year[7] - The net cash flow from operating activities is -427,178,182.41, a decrease of 35.29% compared to the previous year[16] - Cash flow from operating activities shows a net outflow of approximately -¥427.18 million, worsening from -¥315.75 million in the previous period[45] - Net cash flow from investing activities was -$24.5 million, a decrease from -$96.5 million year-over-year[48] - Cash inflow from financing activities totaled $1.14 billion, compared to $1.36 billion in the previous year[48] - The net cash flow from financing activities was $283.8 million, an increase from $85.4 million year-over-year[48] Shareholder Information - The number of ordinary shareholders at the end of the reporting period is 61,945[17] - The largest shareholder, Hainan Development Holdings Co., Ltd., holds 30.69% of the shares, totaling 259,342,070 shares[17] Expenses - The financial expenses decreased by 50.13% to 14,080,936.32, primarily due to exchange rate fluctuations[16] - The sales expenses dropped by 49.07% to 32,036,876.15, mainly due to transportation costs being included in operating costs[16] - Research and development expenses decreased to approximately ¥82.40 million, down 20.00% from ¥103.05 million in the previous period[38] - Sales expenses significantly reduced to approximately ¥32.04 million, down 48.94% from ¥62.91 million in the previous period[38] Other Financial Metrics - The company reported a significant increase in accounts receivable by 86.50% to ¥87,304,900.04 due to an increase in commercial acceptance bills held[13] - The capital reserve increased by 126.85% to ¥976,725,670.39, primarily due to funds raised from a private placement[13] - The company received government subsidies amounting to ¥2,324,284.79 related to renewable energy, which are considered regular operating income[12] - The company reported a significant increase in credit impairment losses, amounting to approximately -¥12.92 million, compared to a gain of ¥135.76 million in the previous period[42] - The company reported a significant reduction in credit impairment losses, down 109.52% to -12,920,310.11, as there were no similar events as in the previous year[16] - The total assets impairment loss decreased by 65.21% to -3,373,245.33, indicating a reduction in impairment provisions[16] Commitments and Legal Matters - The company has a commitment from its controlling shareholder to inject duty-free assets and business into the company within three years following the completion of a private placement[31] - The company has not yet obtained property rights and income rights for the Shiyan project, and thus has no actual obligation to perform the counter-guarantee responsibility[27] - The counter-guarantee liability determined by the court for the company is RMB 663,174,281.41, as per the civil ruling issued by the Hainan Province court[30]