SANF(SZ:300276)2022-10-27 16:00Financial Performance - The company's revenue for Q3 2022 was ¥312,995,898.90, a decrease of 26.18% compared to the same period last year[5]. - Net profit attributable to shareholders was ¥4,860,063.95, down 90.00% year-on-year, while the net profit after deducting non-recurring gains and losses was ¥3,343,641.05, a decrease of 93.00%[5]. - Total operating revenue for Q3 2022 was CNY 994,104,148.98, a decrease of 4.73% from CNY 1,043,438,100.74 in Q3 2021[25]. - Net profit for Q3 2022 was CNY 34,124,276.30, compared to CNY 106,677,348.33 in Q3 2021, representing a decline of 68.0%[26]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,351,812,969.51, representing a 7.07% increase from the end of the previous year[5]. - Total liabilities rose to CNY 1,892,206,209.65 in Q3 2022, up from CNY 1,638,876,923.82 in Q3 2021, an increase of 15.4%[23]. - The total current assets as of September 30, 2022, amount to 2.972 billion yuan, an increase from 2.680 billion yuan at the beginning of the year[21]. - The inventory value as of September 30, 2022, is 1.544 billion yuan, compared to 1.291 billion yuan at the beginning of the year[21]. Cash Flow - The net cash flow from operating activities was -¥39,895,793.54, a decline of 61.32% compared to the same period last year[14]. - The company's cash flow from operating activities showed a significant change, with a net cash outflow of CNY 34,124,276.30 in Q3 2022 compared to a net inflow in the same period last year[28]. - The net cash flow from investing activities improved by 67.48%, amounting to -¥5,423,550.38, due to the redemption of financial products and cash dividends received[14]. - The net cash flow from financing activities was -72,306,126.35, worsening from -49,437,863.36 in the previous period[31]. Investments - Long-term equity investments increased by 1107.43% to ¥10,902,991.65, primarily due to a new investment of ¥10 million in Hubei Jiun Intelligent Technology Co., Ltd.[10]. - The investment income for the first nine months of 2022 was ¥6,159,624.67, a decrease of 53.03% compared to the same period last year[12]. - The company plans to continue expanding its market presence and investing in new technologies to enhance its competitive edge[5]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 44,961[15]. - The largest shareholder, Zhu Hanping, holds 20.21% of shares, totaling 283,204,039 shares, with 168,076,895 shares pledged[16]. - The total number of preferred shareholders is zero, indicating no preferred shares outstanding[17]. Goodwill and Impairment - The company’s goodwill has a book value of 738.57 million yuan, primarily from the acquisition of Shanghai Xinyanlong Automobile Equipment Manufacturing Co., Ltd.[18]. - The company will conduct an annual goodwill impairment test, and there is a possibility of recognizing impairment losses[18]. Performance of Subsidiaries - Xinyanlong achieved a net profit of 13.42 million yuan in the first three quarters of 2022, a decrease of 81.22% year-on-year[18]. - As of the end of the reporting period, Xinyanlong has a backlog of orders (including tax) amounting to 1.952 billion yuan, providing strong support for future performance[18].