PINLIVE(SZ:300892)2022-10-27 16:00Financial Performance - The company's revenue for Q3 2022 was ¥434,365,238.93, a decrease of 4.61% compared to the same period last year[5]. - Net profit attributable to shareholders was ¥724,879.59, down 97.20% year-on-year, while the net profit after deducting non-recurring gains and losses was -¥1,201,864.52, a decrease of 105.39%[5]. - Total operating revenue for Q3 2022 was CNY 1,174,746,962.62, an increase of 2.4% compared to CNY 1,144,204,645.33 in the same period last year[21]. - Net profit for Q3 2022 was CNY 16,263,254.98, a decrease of 76.8% compared to CNY 70,177,589.46 in Q3 2021[22]. - Earnings per share for Q3 2022 were CNY 0.1626, down from CNY 0.7018 in the previous year[23]. - The company reported a total comprehensive income of CNY 16,265,987.71 for Q3 2022, down from CNY 70,177,214.18 in Q3 2021[23]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,499,950,691.23, a decrease of 3.88% from the end of the previous year[5]. - The company's total current assets as of September 30, 2022, amount to ¥1,128,926,833.29, a decrease from ¥1,171,729,820.92 at the beginning of the year[18]. - The total assets of the company are reported at ¥1,499,950,691.23, down from ¥1,560,478,817.11 at the start of the year[18]. - The total liabilities decreased to CNY 339,739,136.51 from CNY 407,541,862.13 year-over-year[22]. - The total liabilities include accounts payable of ¥215,857,851.48, slightly decreased from ¥223,675,063.47[18]. - The company’s total liabilities decreased by 100% in short-term borrowings, reflecting repayment of loans during the period[9]. Cash Flow - Cash flow from operating activities showed a net outflow of -¥169,379,244.94, a significant decline of 525.21% compared to the previous year[10]. - The net cash flow from operating activities was -169,379,244.94, compared to -27,091,530.30 in the previous year, indicating a significant decline[25]. - Total cash outflow from operating activities amounted to 1,413,283,488.68, up from 1,315,665,281.97 year-over-year[25]. - The net cash flow from investment activities was ¥103,132,490.67, an increase from 90,499,801.86 in the same quarter last year[25]. - Cash inflow from investment activities totaled 817,714,168.50, compared to 886,680,181.62 in the previous year[25]. - The ending balance of cash and cash equivalents was 309,746,717.43, down from 494,809,350.25 year-over-year[25]. Inventory and Expenses - The company reported a 67.10% increase in inventory, amounting to ¥354,977,438.84, due to increased procurement[9]. - Sales expenses increased to CNY 241,655,501.25 in Q3 2022, up 36.5% from CNY 177,068,091.68 in Q3 2021[22]. - Research and development expenses rose by 67.95% to ¥743,966.50, primarily due to increased salaries for R&D personnel[9]. - Research and development expenses rose to CNY 743,966.50, an increase of 67.9% compared to CNY 442,968.32 in the previous year[22]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 10,106[12]. - The largest shareholder, Wang Mu, holds 45% of the shares, totaling 45,000,000 shares[12]. - The company has a total of 69,375,000 restricted shares, with no changes during the reporting period[15]. - The company plans to unlock 25% of the restricted shares for certain executives annually during their tenure[15]. - The company has reported a total of 14,062,500 shares under executive lock-up agreements, which will be released gradually[15]. Other Financial Metrics - The weighted average return on equity was 0.06%, down 2.28% year-on-year[5]. - Cash and cash equivalents have decreased to ¥325,457,606.42 from ¥440,997,831.63[17]. - Tax payments amounted to 33,185,896.47, a decrease from 57,335,244.36 year-over-year[25]. - The report for the third quarter was unaudited[26].