SHEN YU(SZ:300563)2022-10-25 16:00Financial Performance - The company's revenue for Q3 2022 was ¥151,966,396.09, a decrease of 35.13% compared to the same period last year[5]. - Net profit attributable to shareholders for Q3 2022 was ¥7,845,471.79, down 63.16% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥5,396,773.68, a decline of 70.78% compared to the previous year[5]. - Total operating revenue for the third quarter was CNY 604,983,318.78, a slight increase of 0.28% compared to CNY 601,320,690.37 in the same period last year[22]. - Net profit for the period was CNY 45,251,766.94, down 13.25% from CNY 52,381,689.09 in the previous year[23]. - Earnings per share (EPS) decreased to CNY 0.2539 from CNY 0.2944, representing a decline of 13.73%[24]. Assets and Liabilities - The total assets at the end of Q3 2022 amounted to ¥1,316,901,765.45, reflecting a 4.25% increase from the end of the previous year[5]. - Total current assets as of September 30, 2022, amount to ¥868,633,374.47, an increase from ¥806,158,785.36 at the beginning of the year[19]. - Total assets as of September 30, 2022, are ¥1,316,901,765.45, up from ¥1,263,155,655.45[19]. - Total liabilities increased to ¥320,002,758.80 from ¥303,659,663.46, reflecting a rise of 5.4%[19]. - The total liabilities increased to CNY 349,193,695.60 from CNY 325,398,434.86, marking a rise of 7.31%[23]. Cash Flow - Cash flow from operating activities for the year-to-date was ¥23,722,534.89, down 54.68% year-on-year due to increased inventory purchases[11]. - Cash flow from operating activities generated a net amount of CNY 23,722,534.89, significantly lower than CNY 52,347,015.00 in the same period last year[24]. - The net cash flow from investment activities was -57,105,623.94, compared to -76,410,391.45 in the previous period, indicating an improvement[25]. - The net cash flow from financing activities was -9,335,544.96, compared to -14,327,920.82 in the previous period, showing a reduction in cash outflow[25]. - The net increase in cash and cash equivalents was -43,691,147.79, compared to -38,366,217.74 previously[25]. Inventory and Prepayments - The company reported a significant increase in prepayments, which rose by 407.36% to ¥16,051,701.63, primarily due to increased procurement[9]. - Inventory levels increased by 57.38% to ¥230,141,773.71, attributed to production stockpiling and slowed shipments due to the pandemic[9]. - Inventory increased significantly to ¥230,141,773.71 from ¥146,235,764.42, indicating a growth of 57.3%[18]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 21,999[13]. - The largest shareholder, Ren Fengjuan, holds 20.35% of shares, totaling 36,392,600 shares[14]. - The company’s total number of shares increased from 178,742,666 to 178,822,526 due to the stock incentive plan[16]. Expenses and Investments - The company reported a 321.72% increase in interest expenses, amounting to ¥1,295,654.68, due to higher discount fees[10]. - Research and development expenses were CNY 18,774,201.38, slightly higher than CNY 18,111,801.55, indicating a focus on innovation[23]. - The company reported a financial asset fair value change gain of CNY 3,605,935.82, compared to CNY 1,862,933.33 in the previous year, showing improved investment performance[23]. Other Financial Metrics - The weighted average return on equity decreased to 0.81%, down 1.53% from the previous year[5]. - The company completed the registration of 114,000 restricted stock incentives, increasing registered capital by ¥79,860[16]. - The company’s fixed assets decreased to ¥373,499,352.13 from ¥386,519,552.13, a decline of 3.8%[19]. - The impact of exchange rate changes on cash and cash equivalents was -972,513.78, contrasting with a positive impact of 25,079.53 in the previous period[25]. - The third quarter report was not audited, which may affect the reliability of the financial data presented[26].