Financial Performance - The company's revenue for Q3 2022 was ¥339,094,435.75, a decrease of 36.39% compared to the same period last year[6]. - Net profit attributable to shareholders for Q3 2022 was ¥18,992,752.35, down 87.07% year-on-year[6]. - The net profit after deducting non-recurring gains and losses was ¥14,501,889.40, reflecting a decline of 89.95% compared to the previous year[6]. - The basic earnings per share for Q3 2022 was ¥0.03, a decrease of 86.96% year-on-year[6]. - Operating profit decreased by 42.58% to approximately $230.77 million, primarily due to a decline in operating revenue[14]. - Net profit fell by 42.94% to approximately $222.03 million, mainly due to a decrease in operating revenue[14]. - The net profit for the current period is CNY 222,025,173.93, a decrease of 43% compared to CNY 389,103,966.25 in the previous period[31]. - Total comprehensive income for the current period is CNY 271,558,937.94, compared to CNY 406,265,974.02 in the previous period, indicating a decline of about 33%[34]. - Basic and diluted earnings per share are both CNY 0.35, down from CNY 0.62 in the previous period, representing a decrease of approximately 44%[34]. - The total profit for the current period is CNY 231,021,829.09, compared to CNY 401,909,311.74 in the previous period, reflecting a decrease of approximately 43%[31]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,580,907,225.31, an increase of 2.71% from the end of the previous year[6]. - The equity attributable to shareholders increased to ¥2,937,778,680.26, up 4.75% from the previous year[6]. - The company's total liabilities decreased to CNY 643,128,545.05 from CNY 681,650,352.16, showing a reduction in financial obligations[29]. - The equity attributable to the owners of the parent company increased to CNY 2,937,778,680.26 from CNY 2,804,693,343.53, reflecting retained earnings growth[29]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥208,067,662.13, a decline of 163.62% compared to the same period last year[6]. - Cash flow from operating activities showed a net outflow of approximately $208.07 million, a decrease of 163.62% compared to the previous year, primarily due to reduced cash received from sales[17]. - The company's cash and cash equivalents decreased to CNY 1,406,505,399.08 from CNY 1,920,618,556.67 at the beginning of the year, indicating a cash flow challenge[23]. - The net cash flow from operating activities was -$208.07 million, compared to $327.04 million in the previous period, indicating a significant decline[39]. - The total cash and cash equivalents at the end of the period were $1.35 billion, down from $1.67 billion at the end of the previous period[39]. - The company reported a total cash outflow from operating activities of $1.50 billion, slightly lower than $1.50 billion in the previous period[39]. Receivables and Inventory - Accounts receivable increased by 377.56% to ¥108,454,643.67 due to increased credit usage by customers[10]. - The company experienced a significant increase in notes receivable, rising by 394.65% to ¥7,577,090.80, primarily due to an increase in bank acceptance bills received[10]. - Other receivables increased significantly by 82,536.09% to approximately $227.09 million, primarily due to prepayments for capacity guarantees during the reporting period[14]. - Inventory rose by 33.63% to approximately $640.04 million, mainly due to increased stocking during the reporting period[14]. Cost Management - The total operating costs for the current period were CNY 1,037,020,743.36, down from CNY 1,240,071,988.76 in the previous period, reflecting a cost reduction strategy[29]. - The company plans to continue focusing on cost control and efficiency improvements to enhance profitability in the upcoming quarters[30]. Other Financial Metrics - The company reported a significant increase in fair value gains of 552.59% to approximately $42.43 million, mainly from financial assets measured at fair value[14]. - Research and development expenses increased to CNY 293,243,655.80, up from CNY 260,622,079.78, reflecting a growth of approximately 12%[31]. - Other income increased to CNY 56,638,190.10 from CNY 43,902,274.58, marking a growth of about 29%[31]. - The company reported a foreign exchange gain of CNY 42,425,189.01, significantly higher than CNY 6,501,053.00 in the previous period[31]. - The company’s financial expenses showed a slight improvement, with interest expenses at CNY 4,921,976.63 compared to CNY 102,889.08 previously[31]. - The company’s tax expenses for the current period amounted to CNY 8,996,655.16, down from CNY 12,805,345.49 in the previous period[31].
全志科技(300458) - 2022 Q3 - 季度财报