DFGC(000679)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥32,358,177.62, a decrease of 24.10% compared to the same period last year[5]. - The net profit attributable to shareholders was -¥10,669,894.92, an increase of 14.94% year-on-year, while the net profit after deducting non-recurring gains and losses was -¥10,677,289.74, up 16.09%[5]. - The net profit for the third quarter was -41,684,381.28 CNY, compared to -47,550,803.32 CNY in the same period last year, showing an improvement of approximately 12.5%[21]. - The total operating revenue from sales of goods and services was 402,415,433.43 CNY, down from 488,430,552.95 CNY, representing a decrease of about 17.6% year-over-year[23]. - The company reported a net loss of CNY -238,713,488.65, compared to a loss of CNY -204,069,550.31 in the previous period[18]. - The total comprehensive income for the period was -41,684,381.28 CNY, compared to -47,550,803.32 CNY, marking a year-over-year improvement of approximately 12.5%[22]. Assets and Liabilities - The total assets at the end of the reporting period were ¥983,805,669.03, a decrease of 5.36% from the end of the previous year[5]. - Total assets decreased to CNY 983,805,669.03 from CNY 1,039,486,499.70, reflecting a decline of 5.4%[18]. - Total liabilities decreased slightly to CNY 645,127,642.41 from CNY 659,124,091.80, a reduction of 2.1%[18]. - The equity attributable to shareholders decreased by 8.26% to ¥384,825,992.05 compared to the end of the previous year[5]. - The company's equity attributable to shareholders decreased to CNY 384,825,992.05 from CNY 419,469,930.39, a decline of 8.3%[18]. Cash Flow - Cash flow from operating activities showed a net outflow of -¥45,257,670.85, a decrease of 55.58% year-to-date[5]. - The net cash flow from operating activities was -45,257,670.85 CNY, worsening from -29,089,766.81 CNY in the previous year[24]. - The cash and cash equivalents at the end of the period were 89,910,816.34 CNY, down from 126,609,712.75 CNY, a decrease of about 29.0%[24]. - The company's cash and cash equivalents decreased to CNY 110,584,835.34 from CNY 153,955,544.60, representing a decline of 28.1%[16]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 21,050[12]. - The largest shareholder, Wuxin Investment Holdings, held 28.06% of the shares, with 100,000,000 shares frozen[12]. Expenses and Costs - Total operating costs amounted to CNY 154,940,424.85, down 14.4% from CNY 181,145,749.82 year-over-year[20]. - The company incurred research and development expenses of 28,032,345.05 CNY, a decrease from 36,962,430.28 CNY, indicating a reduction of approximately 24.3%[21]. - The company reported a total operating expense of 453,103,947.55 CNY, down from 565,260,221.10 CNY, indicating a reduction of approximately 19.9%[24]. Credit and Impairment - The company reported a significant increase in credit impairment losses by 859.96%, primarily due to increased provisions for bad debts on other receivables[10]. - The company reported a credit impairment loss of -1,633,797.10 CNY, compared to a gain of 214,983.51 CNY in the previous year[21]. - The company experienced a 54.79% decrease in other income, mainly due to a reduction in government subsidies received[10]. Earnings Per Share - The basic and diluted earnings per share were both -¥0.030, reflecting a year-on-year increase of 14.29%[5]. - The basic and diluted earnings per share were both -0.097 CNY, compared to -0.109 CNY in the same quarter last year, reflecting an improvement of about 11%[22]. Litigation - The company is currently involved in ongoing litigation related to acquisition disputes, which may impact future profitability[14].