Eurocrane(603966)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥537,256,417.47, representing a year-on-year increase of 34.66%[5] - The net profit attributable to shareholders for the same period was ¥68,922,873.17, reflecting a growth of 3.61% compared to the previous year[5] - The basic earnings per share for Q3 2022 was ¥0.2295, an increase of 3.80% year-on-year[6] - The company has seen a 16.98% increase in year-to-date revenue, totaling ¥1,323,722,213.53[5] - The diluted earnings per share for the year-to-date was ¥0.2206, which is a 4.45% increase compared to the same period last year[6] - The company reported a net profit margin improvement, with net profit for the first three quarters showing a positive trend compared to the previous year[20] - The company's net profit for Q3 2022 was CNY 158,465,213.62, an increase from CNY 154,912,522.50 in Q3 2021, representing a growth of approximately 3.3%[22] - The total operating profit for Q3 2022 was CNY 185,213,161.13, slightly up from CNY 182,779,814.27 in Q3 2021, reflecting a growth of about 2.4%[22] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥3,142,876,463.92, which is a 2.32% increase from the end of the previous year[6] - As of September 30, 2022, total assets were RMB 3,142,876,463.92, compared to RMB 3,071,725,451.14 at the end of 2021, indicating a growth of 2.3%[18] - Total liabilities decreased to RMB 1,753,769,103.26 from RMB 1,774,679,456.07, a reduction of 1.2%[19] - Shareholders' equity rose to RMB 1,389,107,360.66 from RMB 1,297,045,995.07, reflecting an increase of 7.1%[19] - Long-term borrowings increased to RMB 143,991,605.36 from RMB 95,516,631.00, a rise of 50.6%[19] Cash Flow and Investments - The net cash flow from operating activities for the year-to-date was -¥60,461,864.51, indicating a significant decrease due to increased inventory and prepayments[6] - Operating cash flow for Q3 2022 showed a net outflow of CNY 60,461,864.51, compared to a net inflow of CNY 3,449,471.22 in Q3 2021[26] - The company experienced a net cash outflow from investing activities of CNY 202,879,549.27 in the first three quarters of 2022, compared to a net inflow of CNY 7,618,188.41 in the same period of 2021[26] Shareholder Information - The company reported a total of 12,186 common shareholders at the end of the reporting period[11] - The largest shareholder, Jin Hongping, holds 22.71% of the shares, amounting to 68,214,037 shares[12] Expenses - The company received government subsidies amounting to ¥6,950,820.73 during the reporting period, contributing positively to its financial performance[8] - Total operating costs for the first three quarters of 2022 amounted to RMB 1,176,398,001.08, reflecting a significant rise from RMB 975,968,768.47 in the previous year[21] - Research and development expenses increased to CNY 69,420,430.82 in Q3 2022, up from CNY 57,391,380.87 in Q3 2021, reflecting a growth of about 21%[22] - The company incurred a financial expense of CNY 15,679,094.55 in Q3 2022, which is significantly higher than CNY 8,182,187.67 in Q3 2021, marking an increase of approximately 91%[22] Cash and Inventory - Current assets totaled RMB 2,098,739,542.49, slightly down from RMB 2,109,230,929.26 at the end of 2021[17] - Cash and cash equivalents decreased to RMB 428,750,762.69 from RMB 713,134,171.44, a decline of 40%[17] - Inventory increased to RMB 904,004,249.21, up from RMB 809,990,493.41, marking an increase of 11.6%[17] - The cash and cash equivalents at the end of Q3 2022 were CNY 400,277,718.46, down from CNY 613,528,151.93 at the end of Q3 2021[27]