江铃B(200550) - 2022 Q3 - 季度财报

Financial Performance - Total revenue for Q3 2022 was CNY 7.81 billion, a decrease of 0.08% year-on-year, while year-to-date revenue reached CNY 22.03 billion, down 13.57% compared to the same period last year[4] - Net profit attributable to shareholders for Q3 2022 was CNY 264.80 million, an increase of 266.58% year-on-year, with year-to-date net profit at CNY 717.18 million, up 50.21%[4] - Total operating revenue for the period was ¥22,031,617,358, a decrease of 13.7% compared to ¥25,491,054,253 in the previous period[27] - Net profit attributable to shareholders of the parent company increased to ¥717,184,815, compared to ¥477,449,908 in the same period last year, representing a growth of 50.2%[27] - The company reported a total comprehensive income of ¥679,143,562, compared to ¥477,449,908 in the previous period, reflecting overall improved financial performance[29] Vehicle Sales - The company sold 207,671 vehicles in the first three quarters, a decrease of 16.63% year-on-year, including 50,538 trucks, 49,115 pickups, 53,796 SUVs, and 54,222 light passenger vehicles[10] Cash Flow - The net cash flow from operating activities for the first three quarters was CNY -2.22 billion, a decrease of 389.83% year-on-year[4] - The company reported a total cash outflow from operating activities of ¥25,575,210,949, down from ¥29,271,673,042 in the previous period, indicating improved cash management[33] - Cash inflow from operating activities was ¥23,352,280,809, down from ¥28,817,851,920, reflecting a decrease in sales volume[33] - The company achieved a net cash flow from financing activities of ¥1,271,812,122, a significant improvement compared to a net outflow of ¥3,025,285,787 in the previous period[33] Assets and Liabilities - Total assets at the end of Q3 2022 were CNY 26.88 billion, an increase of 1.98% from the end of the previous year[6] - Total assets as of September 30, 2022, reached CNY 26,880,819,216, an increase from CNY 26,359,084,120 at the end of 2021[21] - Total liabilities amounted to CNY 17,200,000,000, with current liabilities at CNY 16,000,000,000[21] - The total liabilities increased slightly to ¥17,826,845,989 from ¥17,803,639,531, indicating stable financial leverage[24] Shareholders' Equity - Shareholders' equity attributable to the parent company was CNY 9.04 billion, up 5.70% from the end of the previous year[6] - The total equity attributable to shareholders of the parent company increased to ¥9,043,014,480 from ¥8,555,444,589, showing a growth of 5.7%[24] Research and Development - Research and development expenses increased by 168.18% year-on-year, reflecting a rise in capitalized R&D investments[10] - Research and development expenses were ¥1,033,734,057, down from ¥1,127,465,570, indicating a focus on cost control in R&D[27] - The company has ongoing development expenditures of CNY 297,693,532, up from CNY 111,004,350, indicating increased investment in R&D[21] Cash and Cash Equivalents - Cash and cash equivalents decreased to CNY 8,937,933,216 from CNY 9,569,051,314[21] - Cash and cash equivalents at the beginning of the year amounted to 9,569,051,314.00, while the end balance was 8,937,933,216.00, indicating a decrease[36] - The cash and cash equivalents at the end of the period increased from 7,801,491,369.00 to 8,937,933,216.00, reflecting a growth of approximately 14.6%[36] Other Income and Expenses - Other income increased by 52.72% year-on-year, primarily due to increased government subsidies received[10] - The company reported a significant increase in asset disposal gains, which rose by 1461.58% year-on-year to CNY 3.7 billion due to the disposal of land and buildings[10] Borrowings - Short-term borrowings increased by CNY 1.5 billion, a rise of 500% compared to the end of the previous year[10] - Short-term borrowings surged to CNY 1,800,000,000 from CNY 300,000,000, reflecting a significant increase in leverage[21] Accounts Receivable and Payable - Accounts receivable increased significantly to CNY 4,532,108,125 from CNY 2,994,798,227, indicating a growth of approximately 51.3%[21] - The company reported a decrease in accounts payable to CNY 8,283,731,852 from CNY 9,702,584,830[21] Audit Status - The third quarter report was not audited, which may impact the reliability of the financial data presented[36]