SHANSHUI TECH.(SZ:301190)2022-10-26 16:00Financial Performance - The company's revenue for Q3 2022 was ¥93,694,824.33, a decrease of 37.84% compared to the same period last year[5]. - Net profit attributable to shareholders was ¥26,525,648.05, down 40.84% year-on-year[5]. - The basic earnings per share decreased by 55.63% to ¥0.1236[5]. - Total operating revenue for the current period is ¥340,063,752.73, a decrease of 11.8% from ¥385,680,466.47 in the previous period[18]. - Net profit for the current period is ¥95,774,963.98, up 1.3% from ¥94,506,633.28 in the previous period[19]. - Basic and diluted earnings per share decreased to ¥0.4462 from ¥0.5871, a decline of 24%[19]. - The company reported a total profit of ¥113,084,904.68, slightly up from ¥112,101,896.21 in the previous period[19]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,279,355,347.64, an increase of 2.65% from the end of the previous year[5]. - As of September 30, 2022, the total assets of Jiujiang Shanshui Technology Co., Ltd. amounted to CNY 2,279,355,347.64, an increase from CNY 2,220,602,138.72 at the beginning of the year[15]. - The company's total liabilities decreased to CNY 240,289,758.87 from CNY 245,976,239.79[16]. - The total equity attributable to shareholders increased to CNY 2,039,065,588.77 from CNY 1,974,625,898.93[16]. - Cash and cash equivalents as of September 30, 2022, were CNY 1,433,581,324.19, down from CNY 1,518,296,935.82 at the beginning of the year[15]. - The total current assets decreased to CNY 2,042,257,439.45 from CNY 2,073,669,340.94[15]. Cash Flow - The company’s cash flow from operating activities for the year-to-date was ¥94,398,155.82, a decrease of 2.77%[5]. - Cash flow from operating activities generated a net amount of ¥94,398,155.82, down from ¥97,086,046.48 in the previous period[20]. - Cash inflow from investment activities totaled ¥384,404,095.85, compared to ¥216,821,561.81 in the previous period, indicating a significant increase[20]. - Cash outflow from investment activities rose sharply to ¥1,032,420,401.96 from ¥237,921,526.06, resulting in a net cash flow from investment activities of -¥648,016,306.11[20]. - Cash and cash equivalents at the end of the period decreased to ¥920,139,518.63 from ¥1,518,296,935.82, reflecting a decline of 39.5%[21]. Expenses and Costs - Sales expenses increased by 82.96% to ¥1,549,518.98, attributed to intensified market expansion efforts[9]. - Total operating costs decreased to ¥245,265,508.64 from ¥278,134,274.75, reflecting a reduction of 11.8%[18]. Other Financial Metrics - The company recorded a 6005.56% increase in non-operating income, amounting to ¥13,667,399.32, primarily from government subsidies[10]. - The company’s weighted average return on equity decreased by 14.32% to 4.77% year-to-date[5]. - The company has not disclosed any new product developments or market expansion strategies in the current report[17]. - The company did not conduct an audit for the third quarter report[22]. Inventory and Receivables - Accounts receivable decreased significantly to CNY 1,487,179.38 from CNY 4,360,341.63[15]. - The company's inventory increased to CNY 91,956,963.18 from CNY 83,664,110.02[15]. - The company reported a significant increase in prepayments to CNY 10,314,750.24 from CNY 5,053,051.48[15]. Construction and Projects - The company reported a significant increase in construction in progress, rising by 2599.16% to ¥64,464,391.23 due to project completion progress[9].