Guangdong PAK (SZ:300625)2022-10-27 16:00Financial Performance - The company's revenue for Q3 2022 was ¥581,317,821.99, a decrease of 27.63% compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2022 was ¥24,891,332.91, down 65.89% year-on-year[3]. - The basic earnings per share for Q3 2022 was ¥0.0889, reflecting a decline of 66.34% compared to the previous year[4]. - Total operating revenue for Q3 2022 was CNY 1,682,536,224.25, a decrease of 12.3% compared to CNY 1,919,167,733.78 in the same period last year[22]. - Net profit for Q3 2022 was CNY 90,230,289.20, a decline of 37.8% from CNY 145,013,343.79 in Q3 2021[24]. - Earnings per share for Q3 2022 were CNY 0.3252, compared to CNY 0.5249 in the same quarter last year[25]. Assets and Liabilities - The total assets at the end of Q3 2022 were ¥3,022,341,904.47, a decrease of 9.86% from the end of the previous year[4]. - Total assets as of Q3 2022 amounted to CNY 3,022,341,904.47, a decrease from CNY 3,352,810,996.79 at the end of the previous year[20]. - Total liabilities for Q3 2022 were CNY 898,371,488.73, down from CNY 1,123,197,604.68 in the previous year[20]. - The company’s total equity attributable to shareholders decreased by 4.74% to ¥2,123,905,981.31 compared to the end of the previous year[4]. Cash Flow - The company reported a net cash flow from operating activities of -¥56,896,224.31, a decline of 151.12%[4]. - The net cash flow from operating activities decreased by 151.12% to -56,896,224.31 RMB compared to the same period last year, primarily due to a decline in revenue and a reduction in accounts payable[11]. - Total cash inflow from operating activities was 1,284,979,342.27, down from 1,632,292,316.05, reflecting a decrease of approximately 21.4%[27]. - Cash outflow from operating activities totaled 1,341,875,566.58, compared to 1,520,997,210.73 in the previous period, showing a reduction of about 11.8%[27]. - The net cash flow from investment activities improved to 98,576,077.24 from -24,961,723.28, indicating a positive turnaround[27]. - The net cash flow from financing activities was -187,601,982.47, worsening from -144,001,736.28, indicating increased financial strain[28]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 21,478, with the top ten shareholders holding significant stakes[14]. - The largest shareholder, Lin Yan, holds 18.21% of the shares, amounting to 50,965,843 shares[14]. Government Support and Investment - The company received government subsidies amounting to ¥3,303,531.21 in Q3 2022, contributing to its non-recurring gains[6]. - Investment income for the year-to-date was ¥20,477,399.35, a significant increase of 1735.88% compared to the previous year[10]. - The company received 23,537,917.00 RMB from investment absorption, reflecting a 100% increase due to equity incentive and employee stock plan subscriptions[11]. Operational Adjustments - Research and development expenses for Q3 2022 were CNY 37,941,644.80, a decrease from CNY 47,763,701.41 in Q3 2021, indicating a potential shift in focus towards cost management[23]. - The company reported a decrease in accounts payable from CNY 489,603,250.05 in the previous year to CNY 276,510,282.59 in Q3 2022, reflecting improved cash flow management[20]. - The company is exploring new market expansion strategies and product development initiatives to enhance future growth prospects[21]. Cash and Cash Equivalents - The company's cash and cash equivalents decreased by 37.81% to ¥371,415,282.11 compared to the beginning of the year[9]. - The company's cash and cash equivalents decreased to 371,415,282.11 RMB from 597,216,229.04 RMB at the beginning of the year[18]. - The ending balance of cash and cash equivalents was 349,607,738.32, down from 366,958,147.50, reflecting a decrease of about 4.4%[28]. Audit Status - The report for the third quarter was not audited, which may affect the reliability of the financial data presented[29].