Financial Performance - The company's operating revenue for Q3 2022 was ¥199,455,276.02, a decrease of 1.69% compared to the same period last year[5] - Net profit attributable to shareholders for Q3 2022 was ¥26,467,640.97, an increase of 47.14% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥26,381,093.93, up 47.96% from the previous year, mainly due to good enrollment in vocational education business in autumn 2022[9] - Total operating revenue for Q3 2022 was CNY 589,074,411.62, a decrease of 9% compared to CNY 647,373,606.47 in Q3 2021[26] - Net profit for Q3 2022 was CNY 54,100,293.90, a decline of 32.5% from CNY 79,973,151.96 in Q3 2021[27] - The total comprehensive income for the third quarter was CNY 54,100,293.90, a decrease from CNY 79,973,151.96 in the previous year[28] - The basic and diluted earnings per share were both CNY 0.1611, compared to CNY 0.2294 in the previous year[28] Cash Flow and Liquidity - The net cash flow from operating activities for the first nine months increased by 33.25% year-on-year, primarily due to an increase in prepaid tuition fees[10] - The net cash flow from operating activities was CNY 120,273,751.37, an increase from CNY 90,264,432.58 in the same period last year[30] - The cash inflow from sales of goods and services was CNY 430,712,864.68, down from CNY 588,271,071.56 year-over-year[29] - The net cash flow from investing activities was -CNY 31,981,807.76, an improvement from -CNY 59,408,473.79 in the prior year[30] - The cash flow from financing activities resulted in a net outflow of -CNY 47,401,494.73, compared to -CNY 175,147,063.19 in the same period last year[30] - The company reported a decrease in cash outflows for employee payments to CNY 171,654,690.15 from CNY 216,029,508.40 year-over-year[30] - The company’s total cash inflow from financing activities was CNY 59,335,743.56, down from CNY 89,105,000.00 in the previous year[30] - The company’s total cash outflow for taxes was CNY 30,902,715.56, a decrease from CNY 47,964,291.61 in the previous year[30] - The total cash and cash equivalents at the end of the period were CNY 392,899,342.19, compared to CNY 377,693,163.21 at the end of the previous year[30] - The company's cash and cash equivalents increased to CNY 433,939,986.88 as of September 30, 2022, up from CNY 349,053,189.13 at the beginning of the year[22] Assets and Liabilities - Total assets at the end of Q3 2022 were ¥1,195,841,966.33, representing a 4.73% increase from the end of the previous year[5] - Total current assets reached CNY 743,893,283.91, representing a 13.1% increase from CNY 657,600,142.95 at the start of the year[23] - The company reported a decrease in accounts receivable to CNY 95,661,688.78 from CNY 117,981,055.41, indicating improved collection efforts[22] - Total liabilities decreased slightly to CNY 473,743,881.51 from CNY 476,755,584.15, indicating stable financial management[24] - The company’s total assets increased to CNY 1,195,841,966.33 from CNY 1,141,813,375.08, reflecting growth in asset base[24] - The company’s equity attributable to shareholders rose to CNY 718,604,900.31, up from CNY 665,565,322.05, indicating improved shareholder value[24] Expenses and Cost Management - Total operating costs for Q3 2022 were CNY 513,982,357.89, down from CNY 555,716,324.08 in the same period last year, reflecting a cost reduction strategy[26] - Research and development expenses for Q3 2022 were CNY 12,321,217.89, down 34.5% from CNY 18,834,093.37 in Q3 2021, suggesting a potential shift in focus[27] - Financial expenses decreased by 170.8% year-on-year, benefiting from exchange gains and increased returns from risk-free financial products[11] Shareholder Information - The company reported a basic earnings per share of ¥0.0804 for Q3 2022, an increase of 32.67% compared to the same period last year[5] - The weighted average return on equity was 4.82%, an increase of 2.97% year-on-year[5] - The number of ordinary shareholders at the end of the reporting period was 18,619[19]
科德教育(300192) - 2022 Q3 - 季度财报