ZYNP(002448)2022-10-27 16:00Revenue and Profit - The company's revenue for Q3 2022 was ¥544,694,387.14, a decrease of 4.36% compared to the same period last year[4] - Net profit attributable to shareholders for Q3 2022 was ¥48,746,544.71, an increase of 2.26% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥45,741,261.94, a significant increase of 52.96% compared to the previous year[4] - Total operating revenue for the third quarter of 2022 was CNY 1,674,539,701.81, a decrease of 12.3% compared to CNY 1,910,435,341.64 in the same period last year[17] - The net profit for the third quarter of 2022 was CNY 148,423,508.94, a decrease of 20% compared to CNY 185,516,355.54 in the same period last year[18] - The total comprehensive income for the third quarter was CNY 175,786,363.15, compared to CNY 190,410,217.00 in the same quarter last year, reflecting a decrease of about 7.5%[19] - The basic and diluted earnings per share were both CNY 0.24, down from CNY 0.31 in the previous year[19] Assets and Liabilities - Total assets as of September 30, 2022, were ¥5,077,152,753.72, a decrease of 1.38% from the end of the previous year[4] - Total assets as of September 30, 2022, were CNY 5,077,152,753.72, down from CNY 5,147,964,999.38 at the beginning of the year[15] - Total liabilities decreased to CNY 1,859,457,658.74 from CNY 2,053,165,185.14, indicating a reduction in financial obligations[15] - The company's equity increased to CNY 3,217,695,094.98 from CNY 3,094,799,814.24, reflecting retained earnings growth[15] Cash Flow and Financial Activities - The company's cash flow from operating activities for the first nine months of 2022 was ¥368,140,379.12, an increase of 88.51% year-on-year[4] - The company reported a net cash flow from operating activities of CNY 368,140,379.12, significantly higher than CNY 195,293,567.76 in the previous year[21] - Cash and cash equivalents decreased to CNY 245,154,776.97 from CNY 324,097,614.13, indicating a liquidity contraction[13] - The cash and cash equivalents at the end of the period were CNY 233,674,766.63, a decrease from CNY 218,038,971.54 in the previous year[21] - The investment activities resulted in a net cash outflow of CNY 229,639,275.39, compared to a smaller outflow of CNY 54,190,739.46 in the previous year[21] Borrowings and Financial Expenses - The company's short-term borrowings decreased by 57.64% to ¥186,400,000.00 as a result of repayment during the period[9] - Short-term borrowings significantly reduced to CNY 186,400,000.00 from CNY 440,000,000.00, indicating a decrease in reliance on debt financing[14] - Long-term borrowings decreased to CNY 323,196,726.60 from CNY 459,362,160.76, showing a strategic shift towards lower leverage[15] - The company experienced a 41.66% decrease in financial expenses, amounting to ¥20,601,469.62, primarily due to increased exchange gains[9] - The company incurred financial expenses of CNY 20,601,469.62, a decrease from CNY 35,311,240.75 in the previous year, indicating a reduction of approximately 41.8%[18] Operational Efficiency - Total operating costs amounted to CNY 1,544,986,134.70, down from CNY 1,752,684,978.27, reflecting a cost reduction strategy[17] - Accounts receivable slightly decreased to CNY 496,323,619.19 from CNY 506,204,034.93, showing improved collection efforts[13] - Inventory levels decreased to CNY 636,586,188.74 from CNY 650,881,909.16, suggesting better inventory management[14] - Research and development expenses amounted to CNY 93,355,982.31, down from CNY 102,836,276.34 in the previous year, indicating a reduction of approximately 9.4%[18] Investment and Financial Assets - The company reported a significant increase of 1197.54% in trading financial assets, totaling ¥202,740,000.00 due to the purchase of wealth management products[8] - The company’s investment income for the first nine months of 2022 was ¥22,986,846.12, a decrease of 44.02% compared to the same period last year[9]