MsEco(SZ:300495)2022-10-25 16:00Financial Performance - The company's revenue for Q3 2022 was ¥43,787,771.91, representing a significant increase of 894.56% compared to the same period last year[5]. - The net profit attributable to shareholders was -¥111,577,531.64, a decrease of 60.81% year-on-year[5]. - The basic earnings per share were -¥0.1655, down 60.84% compared to the previous year[5]. - The company's operating revenue for Q3 2022 was ¥74,741,293.22, a decrease of 59.21% compared to ¥183,247,847.20 in the same period last year[10]. - The net profit for Q3 2022 was CNY 354,477,936.41, a significant improvement compared to a net loss of CNY 57,061,612.17 in Q3 2021, marking a turnaround of over 700%[22]. - Operating profit for the quarter was CNY 257,932,345.24, compared to an operating loss of CNY 54,867,826.52 in the same period last year[22]. - Total revenue from operating activities was CNY 350,124,791.17, down from CNY 451,401,134.48 in Q3 2021, reflecting a decrease of approximately 22.4%[23]. - Basic and diluted earnings per share for the quarter were CNY 0.5310, a recovery from a loss of CNY 0.0824 per share in the previous year[23]. - The total comprehensive income for the quarter was CNY 352,789,692.49, a recovery from a loss of CNY 57,526,827.15 in the previous year[22]. Assets and Liabilities - Total assets at the end of the reporting period were ¥5,161,918,593.86, a decrease of 13.08% from the end of the previous year[5]. - The company's equity attributable to shareholders increased by 25.65% to ¥1,745,558,872.28 compared to the end of the previous year[5]. - Current assets decreased to CNY 1,365,263,289.42 from CNY 2,273,220,926.68, reflecting a decline of 40%[19]. - Total liabilities decreased to CNY 3,370,234,735.25 from CNY 4,499,508,329.72, a reduction of 25%[20]. - The company reported a negative retained earnings of CNY -1,332,546,549.65, improving from CNY -1,690,599,081.88 in the previous period[20]. Cash Flow - Cash flow from operating activities for the year-to-date was ¥58,875,308.82, down 7.55%[5]. - The net cash flow from investment activities improved by 91.78%, reaching -¥4,621,259.83 compared to -¥56,202,983.85 in the previous year[10]. - Cash flow from operating activities was CNY 58,875,308.82, slightly lower than CNY 63,680,524.44 in Q3 2021[23]. - The company reported a net cash outflow from investing activities of CNY -4,621,259.83, compared to a larger outflow of CNY -56,202,983.85 in the same quarter last year[24]. - Cash and cash equivalents dropped to CNY 20,703,693.36 from CNY 385,855,604.75, a decline of 94.6%[19]. Expenses - Operating costs fell to ¥70,994,304.26, down 45.03% from ¥129,139,654.23 year-on-year, primarily due to macroeconomic impacts and COVID-19[10]. - The company reported a significant increase in financial expenses, rising 34.49% to ¥105,318,538.50, attributed to interest and penalties on loans[10]. - The company faced a dramatic rise in non-operating expenses, which surged 7769.44% to ¥395,723,287.53, mainly due to the judicial auction of its wholly-owned subsidiary[10]. - The income tax expense showed a staggering increase of 20158.41%, resulting in a loss of ¥491,724,821.96, primarily from the disposal of equity in the subsidiary[10]. - Research and development expenses decreased by 70.22% to ¥3,993,437.98 from ¥13,408,926.88, indicating reduced investment in R&D during the reporting period[10]. Shareholder Information - As of the end of the reporting period, the total number of ordinary shareholders was 28,101, with the largest shareholder holding 29.50% of the shares[12]. - The company completed business registration changes in September 2022 and received a new business license[16]. - A restructuring application was filed by a creditor due to the company's inability to repay debts, indicating potential financial distress[16].