捷荣技术(002855) - 2022 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2022 was ¥710,326,590.28, a decrease of 18.73% compared to the same period last year[7]. - The net profit attributable to shareholders for Q3 2022 was ¥16,131,137.32, an increase of 301.96% year-on-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥13,604,043.56, up 227.26% from the previous year[7]. - For the first nine months of 2022, the company reported a total revenue of ¥2,093,121,640.34, down 9.41% year-on-year[7]. - The total operating revenue for the third quarter of 2022 was ¥2,093,121,640.34, a decrease of approximately 9.4% compared to ¥2,310,593,797.50 in the same period last year[38]. - The total revenue from operating activities was 2,195,182,363.12, compared to 2,506,486,142.65 in the previous period, indicating a decrease of approximately 12.4%[45]. - The company's net profit for the current period was -25,698,942.46, compared to a net profit of 7,571,912.51 in the previous period, indicating a significant decline[41]. - Operating profit for the current period was -18,738,562.82, down from 14,210,868.71 in the previous period, reflecting a negative shift in operational performance[41]. - The company reported a total comprehensive income of -32,426,021.34 for the current period, compared to 5,676,941.48 in the previous period, highlighting a substantial drop in overall financial health[44]. - Basic and diluted earnings per share were both -0.086, compared to 0.03 in the previous period, indicating a negative return for shareholders[44]. Cash Flow and Assets - Cash flow from operating activities for the first nine months was ¥89,965,185.85, a decrease of 43.14% compared to the previous year[7]. - Net cash flow from operating activities decreased by 43.14% compared to the same period last year, primarily due to a decline in operating income and an increased proportion of bank acceptance bills for customer settlements[16]. - The company's cash and cash equivalents decreased to ¥292,188,805.86 from ¥389,243,841.87, indicating a decline of approximately 25%[31]. - The cash and cash equivalents at the end of the period were 264,383,064.95, down from 363,114,810.06, reflecting a decrease of approximately 27.2%[48]. - The net increase in cash and cash equivalents decreased by 130.64 million yuan compared to the same period last year, mainly due to a decrease in net cash flow from operating activities and a decline in net cash flow from financing activities[16]. - Cash received from financing activities decreased by 76.83 million yuan compared to the same period last year, primarily due to repayment of bank loans and a decrease in cash received from investments[16]. - The company's total assets at the end of Q3 2022 were ¥2,793,015,596.33, a decrease of 0.92% from the end of the previous year[7]. - The total assets as of the end of the third quarter were ¥2,793,015,596.33, down from ¥2,818,994,946.73, reflecting a decrease of about 0.9%[36]. Costs and Expenses - The total operating costs for the third quarter of 2022 were ¥2,068,778,717.21, down from ¥2,280,702,592.69, reflecting a reduction of about 9.3%[38]. - Research and development expenses increased to 67,362,215.31, up from 61,405,543.33, showing a commitment to innovation despite financial losses[41]. - The company incurred financial expenses of -19,832,901.98, a significant change from 7,060,033.47 in the previous period, indicating increased financial strain[41]. - The company experienced an increase in credit impairment losses to 3,730,970.54, compared to 3,019,113.63 in the previous period, suggesting rising credit risk[41]. Market Challenges and Responses - The company faced challenges due to global pandemic impacts, geopolitical tensions, and inflation, leading to a decline in market demand for consumer electronics[12]. - The company has implemented cost control measures and efficiency improvements in response to the challenging market environment[12]. - The company reported a significant increase in government subsidies received, contributing to other income growth of 757.86% year-on-year[13]. - Cash received from government subsidies increased by 137.08% compared to the same period last year, reflecting improved support from local government policies[16]. - Cash paid for various taxes decreased by 69.13% compared to the same period last year, mainly due to a reduction in value-added tax payable and tax deferral applications under local government support policies[16]. Investments and Projects - The company has ongoing projects, including the establishment of a technology industrial park in Chongqing with a planned investment of no less than ¥1.3 billion[28]. - The company signed a loan agreement for ¥100 million with Agricultural Bank of Dongguan, indicating continued financial support for operations[30].