GQY(SZ:300076)2022-10-26 16:00Revenue and Profitability - Revenue for Q3 2022 was CNY 20,479,896.44, a decrease of 55.27% compared to the same period last year[4] - Net profit attributable to shareholders was CNY -2,463,040.09, a decline of 2,229.68% year-on-year[4] - Operating revenue for the current period was ¥74,891,711.80, down 35% from ¥115,283,261.69 in the previous period[23] - Net profit for the current period was a loss of ¥6,988,861.99, an improvement from a loss of ¥9,838,902.11 in the previous period, showing a reduction in losses of approximately 29%[24] - The total comprehensive income for the third quarter was -6,988,861.99 CNY, compared to -9,838,902.11 CNY in the previous period, indicating an improvement of approximately 29.5%[25] - Basic and diluted earnings per share remained at -0.02 CNY, consistent with the previous period[25] Cash Flow - Cash flow from operating activities showed a net outflow of CNY -20,009,887.86, an increase of 88.22% compared to the previous year[4] - The company’s cash flow from operating activities showed a significant increase, with cash received from operations rising to ¥150.04 million[11] - The company’s cash flow from tax refunds decreased by 63.64% to ¥344,291.59, indicating a reduction in tax refunds received[11] - The company’s cash flow from other operating activities increased by 59.39% to approximately ¥10.81 million, due to acceptance subsidies related to intelligent image recognition projects[11] - The cash inflow from operating activities totaled 161,192,178.08 CNY, up from 93,285,976.34 CNY in the previous period, representing a growth of approximately 73%[28] - The cash outflow from operating activities was 181,202,065.94 CNY, down from 263,168,816.45 CNY, showing a reduction of about 31%[28] - The cash flow from investment activities was -299,487.52 CNY, a significant improvement from -3,695,354.62 CNY in the previous period[28] - The net cash flow from financing activities was -1,148,824.98 CNY, compared to a positive 3,500,000.00 CNY in the previous period[28] - The ending balance of cash and cash equivalents was 101,197,184.61 CNY, compared to 87,874,281.47 CNY in the previous period, reflecting an increase of about 15%[28] Assets and Liabilities - Total assets at the end of Q3 2022 reached CNY 1,224,922,911.99, reflecting an increase of 8.81% from the end of the previous year[4] - Total current assets increased to ¥986,274,799.20 as of September 30, 2022, up from ¥912,671,763.18 at the beginning of the year, representing an increase of approximately 8.5%[20] - Total liabilities rose to ¥204,203,436.75, compared to ¥98,331,468.61 in the previous period, indicating a significant increase of approximately 107%[21] - The company’s total assets reached ¥1,224,922,911.99, up from ¥1,125,739,805.84, indicating a growth of approximately 8.8%[21] - The company reported a significant increase in accounts payable, which rose to ¥48,294,087.26 from ¥36,944,981.14, an increase of about 30%[20] Inventory and Other Assets - The company reported a significant increase in inventory, which rose by 127.80% to CNY 138,163,054.18 due to an increase in orders[10] - Inventory surged to ¥138,163,054.18, up from ¥60,651,718.10, representing an increase of approximately 128%[20] - Other current assets surged by 3,920.08% to CNY 2,245,008.41, primarily due to an increase in deductible input tax[10] - The company experienced a 407.65% increase in contract liabilities, amounting to CNY 72,222,829.71, attributed to increased advance payments[10] Income and Expenses - Other income rose dramatically by 1,724.27% to CNY 4,753,135.69, mainly from government subsidies related to the intelligent image recognition project[10] - Investment income decreased by 50.76% to CNY 5,036,099.96, primarily due to lower returns from bank wealth management products[10] - The company experienced a 94.41% decline in non-operating income, down to ¥19.76 million, primarily due to reduced government subsidies unrelated to daily operations[11] - Cash paid for purchasing goods and services increased by 39.31% to ¥134.04 million, driven by a corresponding increase in orders[11] - The company reported a 414.47% increase in cash paid for acquiring fixed assets, totaling approximately ¥16.29 million, mainly for the construction of the Northern Headquarters project[11] - Investment income received in cash rose by 40.03% to ¥12.29 million, attributed to increased returns from bank wealth management products[11] Fair Value and Impairment - The company reported a 296.17% increase in fair value changes, amounting to CNY 8,025,742.10, due to fluctuations in trading financial assets[10] - Asset impairment losses amounted to ¥7.72 million, reflecting a significant decrease of 101.51% due to asset impairment reversals during the period[11] Audit and Reporting - The company did not conduct an audit for the third quarter report[29]