Tongtech(SZ:300379)2022-10-27 16:00Financial Performance - The company's revenue for Q3 2022 was ¥95,327,781.05, a decrease of 48.24% compared to the same period last year[7]. - The net profit attributable to shareholders was -¥89,910,389.12, representing a decline of 271.97% year-on-year[7]. - The company's basic earnings per share for Q3 2022 was -¥0.1956, a decrease of 269.94% year-on-year[7]. - Total operating revenue for the period was CNY 296,595,186.07, a decrease of 24.4% compared to CNY 392,483,195.68 in the previous period[30]. - Net profit for the period was a loss of CNY 180,731,013.33, compared to a profit of CNY 38,200,838.21 in the previous period[32]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥232,300,789.08, a decrease of 707.15% compared to the previous year[7]. - Cash flow from operating activities showed a net outflow of CNY 232,300,789.08, compared to a net inflow of CNY 38,260,921.88 in the previous period[36]. - Net cash flow from investing activities was -$76,142,108.15, a decrease compared to -$206,438,338.05 in the previous period[39]. - Total cash inflow from financing activities was $113,517,907.28, significantly higher than $44,774,258.52 in the prior period[39]. - The net increase in cash and cash equivalents was -$248,760,183.05, compared to -$167,001,849.93 previously[39]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,456,720,919.42, down 8.35% from the end of the previous year[7]. - The company's cash and cash equivalents decreased to CNY 74.35 million from CNY 323.78 million at the beginning of the year, representing a decline of approximately 77%[23]. - Accounts receivable decreased to CNY 518.68 million from CNY 627.75 million, a reduction of about 17.3%[23]. - Total liabilities decreased to CNY 383,309,347.94 from CNY 415,230,420.29 in the previous period, reflecting a reduction of 7.7%[29]. - Total equity attributable to shareholders decreased to CNY 2,073,411,571.48 from CNY 2,265,446,014.70, a decline of 8.5%[29]. Inventory and Expenses - The company reported an increase in inventory by 126.42% to ¥193,526,527.43 due to delayed project acceptance caused by the pandemic[13]. - Sales expenses increased by 33.95% to ¥171,609,112.68 as the company expanded its sales team and market investments[13]. - The company reported a significant increase in other operating expenses by 5812.01% to ¥1,452,304.98, primarily due to donations made during the reporting period[13]. - Research and development expenses rose to CNY 192,598,705.33, an increase of 23.1% from CNY 156,390,377.68 in the previous period[30]. - The company reported a significant increase in sales expenses, which rose to CNY 171,609,112.68, up 34% from CNY 128,109,869.62 in the previous period[30]. Shareholder Information - The company completed the third exercise period of its stock option incentive plan, with 5.3856 million stock options exercised at an adjusted price of CNY 9.19 per share[22]. - The company’s major shareholders include Beijing Dongfang Tong Technology Co., Ltd., holding 13.53 million shares, representing a significant portion of the unrestricted shares[18]. Other Information - The company's total current liabilities were CNY 329.73 million, down from CNY 361.89 million, indicating a decrease of about 8.9%[26]. - Non-current assets totaled CNY 1.59 billion, slightly down from CNY 1.59 billion at the beginning of the year[26]. - The company's long-term equity investments decreased to CNY 108.56 million from CNY 109.77 million, a decline of approximately 1.1%[26]. - Other income for the period was CNY 32,667,423.53, down from CNY 57,692,893.20 in the previous period, a decrease of 43.4%[30]. - The company's third-quarter report was not audited[40].