*ST越博(300742) - 2022 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2022 was ¥27,156,084.77, a decrease of 64.54% compared to the same period last year[4] - The net profit attributable to shareholders was -¥39,655,064.40, representing a decline of 8,194.85% year-on-year[4] - The net profit after deducting non-recurring gains and losses was -¥39,889,565.64, down 6,888.63% from the previous year[4] - The company experienced a 20.59% decline in revenue for the first nine months of 2022, totaling ¥225,987,678.79 compared to ¥284,584,023.00 in the same period last year[9] - Total operating revenue for Q3 2022 was CNY 225,987,678.79, a decrease of 20.5% compared to CNY 284,584,023.00 in the same period last year[19] - Net loss for Q3 2022 was CNY 120,992,307.73, compared to a net profit of CNY 3,363,689.73 in Q3 2021[20] - The total comprehensive income for the third quarter was -120,992,307.73 CNY, compared to 3,363,689.73 CNY in the previous period[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,254,061,461.51, a decrease of 9.41% from the end of the previous year[4] - The company's total assets decreased to CNY 1,254,061,461.51 from CNY 1,384,361,727.30, reflecting a decline of 9.4%[17] - Current liabilities totaled CNY 1,186,423,992.37, slightly down from CNY 1,190,765,064.85 in the previous quarter[17] - The company's long-term liabilities decreased to CNY 49,725,829.92 from CNY 54,692,715.50, a reduction of 9.0%[17] - The equity attributable to shareholders of the parent company fell to CNY 12,403,163.34 from CNY 128,413,490.28, a decline of 90.3%[17] Earnings and Shares - The company's basic and diluted earnings per share were both -¥0.281, reflecting a decline of 4,506.56% year-on-year[4] - The basic and diluted earnings per share were both -0.821 CNY, down from 0.3328 CNY in the previous period[21] - The total number of common shareholders at the end of the reporting period is 15,793[11] - The largest shareholder, Li Zhanjiang, holds 35,838,277 shares, representing 25.36% of the total shares, with 28,858,707 shares pledged and 16,771,215 shares frozen[11] - The second-largest shareholder, Nanjing Yuebo Dynamic Investment Fund, holds 11,088,000 shares, representing 7.85% of the total shares[11] - The company has a total of 11,088,000 unrestricted shares held by Nanjing Yuebo Dynamic Investment Fund Partnership[11] Cash Flow - Cash flow from operating activities showed a net outflow of -¥35,608,904.44, an improvement of 63.14% compared to the previous period[9] - Cash inflow from operating activities was 170,471,252.95 CNY, a decrease of 37.6% from 273,803,205.86 CNY in the previous period[22] - Cash outflow from operating activities totaled 206,080,157.39 CNY, down from 370,398,856.75 CNY in the previous period[23] - The net cash flow from operating activities was -35,608,904.44 CNY, an improvement from -96,595,650.89 CNY in the previous period[23] - Cash flow from investing activities was -2,318,911.62 CNY, compared to 41,775,386.20 CNY in the previous period[23] - Cash flow from financing activities generated a net inflow of 37,549,034.84 CNY, up from 3,192,385.36 CNY in the previous period[23] - The ending balance of cash and cash equivalents was 3,199,421.54 CNY, down from 15,289,383.08 CNY in the previous period[23] - As of September 30, 2022, the company's cash and cash equivalents amount to ¥4,424,740.16, down from ¥20,402,383.68 at the beginning of the year[14] Expenses - Total operating costs increased to CNY 318,567,212.11, up 4.8% from CNY 304,092,623.76 year-on-year[19] - Research and development expenses increased by 17.11% to ¥18,966,242.24 for the first nine months of 2022[9] - Research and development expenses for Q3 2022 were CNY 18,966,242.24, an increase of 17.1% compared to CNY 16,195,834.82 in Q3 2021[20] - The company reported a significant increase in financial expenses, which rose by 35.48% to ¥37,800,275.73 due to increased discounting fees and interest from non-financial institutions[9] - Financial expenses rose to CNY 37,800,275.73, up 35.4% from CNY 27,899,991.12 year-on-year[20] - The company reported a significant increase in interest expenses, which reached CNY 33,901,493.22, compared to CNY 27,812,867.81 in the previous year[20] Strategic Initiatives - The company has signed a strategic cooperation agreement with the Wuhu Municipal Government and Chery New Energy Automobile Co., Ltd., focusing on production R&D, talent training, and market promotion[13] - The company is in discussions for a follow-up cooperation arrangement with the Wuhu government regarding a capital increase plan[13] - The company will continue to monitor the progress of the cooperation and fulfill its disclosure obligations[13] Audit and Reporting - The company did not undergo an audit for the third quarter report[24] - The report was released by the board of directors on October 26, 2022[25]