维信诺(002387) - 2022 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2022 was ¥1,422,281,155.73, a decrease of 5.82% compared to ¥1,510,176,713.43 in the same period last year[5]. - The net profit attributable to shareholders was a loss of ¥809,144,619.84, representing a 95.83% decline from a loss of ¥413,182,602.12 in the previous year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥830,673,027.19, down 98.71% from a loss of ¥418,041,507.49 in the same period last year[5]. - The basic earnings per share were -¥0.5917, a decline of 95.86% from -¥0.3021 in the same period last year[8]. - The net loss attributable to the parent company was approximately ¥3.44 billion, worsening from a loss of ¥1.48 billion in the previous year[35]. - The operating profit for Q3 2022 was -2,776,827,267.87 CNY, which is a decline from -1,539,843,842.45 CNY in the same period last year, indicating a worsening operational performance[37]. Cash Flow - The net cash flow from operating activities was ¥705,038,565.87, a decrease of 52.25% compared to ¥1,476,638,950.07 in the previous year[8]. - The company's cash flow from operating activities decreased by 52.25% to ¥705,038,565.87 compared to the same period last year, primarily due to a reduction in government subsidies and changes in advance payments and inventory[17]. - The cash flow from operating activities for Q3 2022 was 705,038,565.87 CNY, down from 1,476,638,950.07 CNY in Q3 2021, showing a decrease of approximately 52.3%[40]. - The cash flow from financing activities generated a net inflow of 619,760,261.98 CNY, contrasting with a net outflow of -1,048,111,766.08 CNY in Q3 2021, marking a significant improvement[42]. Assets and Liabilities - The total assets at the end of the reporting period were ¥38,762,461,425.25, a slight increase of 0.20% from ¥38,671,385,176.95 at the end of the previous year[8]. - The total liabilities increased to approximately ¥15.47 billion from ¥13.06 billion, reflecting a rise of about 18.5%[35]. - The company's total assets amounted to approximately ¥38.76 billion, slightly down from ¥38.84 billion at the end of the previous quarter[35]. - The company's non-current assets totaled approximately ¥29.32 billion, down from ¥31.25 billion, a decrease of about 6.2%[35]. Equity and Shareholder Information - The equity attributable to shareholders decreased by 13.86% to ¥11,817,812,644.04 from ¥13,597,067,379.84 at the end of the previous year[8]. - The company's equity attributable to shareholders was approximately ¥11.82 billion, down from ¥13.72 billion, a decline of about 13.9%[35]. - The total number of shares held by the concerted action parties reached 294,940,838 shares, representing 21.32% of the voting rights[30]. - The company has no controlling shareholder or actual controller, maintaining its independent status[30]. Research and Development - Research and development expenses rose by 116.58% to ¥224,610,825.33, highlighting the company's commitment to innovation and technology advancement[13]. - Research and development expenses for the quarter were approximately ¥224.61 million, significantly higher than ¥103.71 million in the same period last year, indicating an increase of about 116.4%[35]. Inventory and Production - The company's inventory increased by 49.80% to ¥1,407,370,127.58, attributed to preparations for future sales[13]. - The average utilization rate of the company's OLED production lines reached 64%, significantly higher than the industry average of 49%, indicating strong operational efficiency[22]. Government Subsidies and Other Income - The company recognized government subsidies amounting to ¥18,468,756.28 during the reporting period, primarily from its subsidiaries[9]. - The company reported a significant decrease in other income by 74.96% to ¥40,701,909.51, mainly due to reduced government grants[15]. - The company reported a total of ¥21,528,407.35 in other non-recurring gains during the reporting period, including tax refunds and VAT adjustments[11]. Investment and Financing - The company's short-term borrowings increased by 58.52% to ¥6,268,097,468.14, reflecting a strategic decision to enhance liquidity[13]. - The company faced a 220.45% decline in investment income, reporting a loss of ¥65,235,272.65, primarily due to decreased returns from joint ventures[15]. - The cash flow from investing activities was -935,064,196.18 CNY, compared to -1,150,705,571.59 CNY in the previous year, indicating a reduction in cash outflow from investments[42].