美邦服饰(002269) - 2022 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2022 was CNY 244.69 million, a decrease of 55.97% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2022 was CNY 69.87 million, down 16.01% year-on-year[5]. - The net profit after deducting non-recurring gains and losses was CNY 78.53 million, a decrease of 15.30% compared to the previous year[5]. - Revenue decreased by 49.93% year-over-year, primarily due to the severe impact of COVID-19 and the closure of unprofitable stores[13]. - The company's net loss for Q3 2022 was significantly impacted by an investment loss of ¥1,449,483.25, compared to a profit of ¥309,265,392.28 in the previous year[22]. - The total revenue for the third quarter was 1,131,627,841.18 CNY, a decrease from 2,211,870,213.60 CNY in the same period last year, representing a decline of approximately 48.9%[24]. - The net profit for the third quarter was -759,215,564.38 CNY, compared to -197,815,834.25 CNY in the previous year, indicating a significant increase in losses[23]. - The operating profit for the quarter was -739,249,240.33 CNY, worsening from -212,793,977.37 CNY year-over-year[23]. - The total comprehensive income for the quarter was -717,699,124.87 CNY, worsening from -138,219,747.87 CNY year-over-year[23]. Cash Flow and Assets - The cash flow from operating activities showed a significant decline, with a net amount of CNY -512.42 million, a decrease of 809.29%[5]. - The cash flow from operating activities showed a net outflow of -512,418,694.68 CNY, compared to -56,353,407.84 CNY in the same quarter last year[24]. - The cash flow from investing activities resulted in a net outflow of -13,164,528.97 CNY, a decrease from a net inflow of 398,327,875.73 CNY in the previous year[25]. - The cash flow from financing activities generated a net inflow of 405,676,724.01 CNY, contrasting with a net outflow of -423,265,741.77 CNY in the same period last year[25]. - Total assets at the end of the reporting period were CNY 4.16 billion, down 23.77% from the end of the previous year[5]. - Total assets decreased to ¥4,155,606,649.23 from ¥5,451,736,596.10 at the beginning of the year, reflecting a decline of 23.7%[20]. - The company's cash and cash equivalents decreased to ¥108,214,749.79 from ¥331,040,784.76, a decline of 67.3%[19]. - The company reported a decrease in cash and cash equivalents, ending the quarter with 38,215,659.99 CNY, down from 96,621,540.55 CNY at the end of the previous year[25]. Expenses and Liabilities - Operating costs fell by 46.68% year-over-year, corresponding to the decline in revenue[13]. - Tax and additional charges decreased by 57.67% year-over-year, mainly due to a reduction in VAT payable[13]. - Selling expenses dropped by 41.73% year-over-year, attributed to the optimization of channel structure and closure of unprofitable stores[13]. - Management expenses decreased by 34.71% year-over-year, resulting from organizational restructuring and cost optimization[13]. - Current liabilities totaled ¥3,686,672,006.39, down 8.3% from ¥4,018,313,650.21 at the start of the year[19]. Investment and Other Income - Investment income declined by 100.47% year-over-year, as there were no similar transactions in the current period[13]. - Fair value changes in investment properties decreased by 65.49% year-over-year[13]. - Credit impairment losses increased by 359.88% year-over-year, due to poor performance and overdue repayments from franchisees[13]. - Asset disposal income fell by 94.94% year-over-year, due to a decrease in the scale of asset disposals[13]. - Other comprehensive income after tax decreased by 30.34% year-over-year, primarily due to changes in the fair value of self-used properties[13]. - The company reported a significant increase in other comprehensive income, rising to ¥102,712,823.25 from ¥61,196,383.74 year-on-year[20]. Future Plans - The company plans to change its accounting policy for investment properties from cost measurement to fair value measurement starting January 1, 2022[5]. - The company has plans for market expansion and new product development, although specific details were not disclosed in the report[22].