金明精机(300281) - 2022 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2022 was CNY 121,888,137, a decrease of 0.44% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2022 was CNY 2,961,653, representing a significant decline of 61.52% year-on-year[5]. - The net profit after deducting non-recurring gains and losses was CNY -250,945.4, a decrease of 105.90% compared to the previous year[5]. - The total operating revenue for the third quarter of 2022 was CNY 364,708,396.96, a decrease of 5.4% compared to CNY 384,585,701.59 in the same period last year[21]. - The net profit for the third quarter of 2022 was CNY 13,442,915.52, down 61.3% from CNY 34,748,583.20 in the same quarter of the previous year[22]. - The total comprehensive income for the period was CNY 13,442,915.52, compared to CNY 34,748,583.20 in the previous period, representing a significant decrease[23]. - Basic and diluted earnings per share were both CNY 0.03, down from CNY 0.08 in the previous period[23]. Cash Flow - The cash flow from operating activities for the period was CNY -12,181,550, reflecting an 82.59% decrease year-on-year[5]. - Operating cash flow decreased by 82.59% to CNY 12,181,552.93, mainly due to reduced cash received from sales of goods and services[11]. - Cash inflow from operating activities totaled CNY 311,693,015.36, down from CNY 407,503,495.55 in the previous period[24]. - Cash outflow from operating activities was CNY 299,511,462.43, compared to CNY 337,527,085.61 in the previous period[25]. - Net cash flow from operating activities was CNY 12,181,552.93, a decrease of 82.4% compared to CNY 69,976,409.94 in the previous period[25]. - Cash and cash equivalents decreased to CNY 54,816,990.47 from CNY 168,264,724.80 at the beginning of the year, indicating a significant reduction in liquidity[17]. - Cash and cash equivalents at the end of the period were CNY 42,770,357.03, down from CNY 254,344,473.24 at the end of the previous period[25]. - The company reported a cash inflow from investment activities of CNY 436,871,457.97, compared to CNY 476,967,732.78 in the previous period[25]. - The company’s cash outflow from financing activities was CNY 28,530,943.20, compared to CNY 14,760,245.67 in the previous period[25]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,487,876,152.30, an increase of 0.51% from the end of the previous year[5]. - The company's total assets as of September 30, 2022, were CNY 1,487,876,152.30, slightly up from CNY 1,480,288,732.79 at the beginning of the year[19]. - The total liabilities as of September 30, 2022, were CNY 204,924,224.24, an increase from CNY 194,022,777.05 at the start of the year[19]. Investments and Expenditures - The balance of trading financial assets increased by 279.86% compared to the beginning of the period, attributed to the purchase of trading financial products[10]. - Other equity investment balance increased by 534.57% to CNY 11,870,675.00 due to the capital increase in Guangzhou Zhonglei Electric Technology Co., Ltd.[11]. - Construction in progress balance increased by 464.78% to CNY 13,201,155.84, primarily due to increased investment in comprehensive energy projects[11]. - Other non-current assets increased by 70.24% to CNY 34,074,996.30, mainly for prepayments for production equipment[11]. - Research and development expenses for the third quarter of 2022 were CNY 19,060,052.35, down from CNY 21,118,610.59 in the same period last year[22]. Receivables and Payables - Accounts receivable increased by 140.73% compared to the beginning of the period, mainly due to slower collection of customer payments impacted by the pandemic[10]. - Prepayments increased by 49.47% compared to the beginning of the period, driven by increased production inventory and procurement prepayments[10]. - Other receivables increased by 161% compared to the beginning of the period, primarily due to the payment of bid guarantees[10]. - Accounts payable increased by 1263.01% to CNY 45,320,000.00, attributed to bank acceptance bills issued for supplier payments[11]. Tax and Other Income - Tax expenses decreased by 71.30% to CNY 1,808,045.97, primarily due to a decrease in total profit compared to the previous period[11]. - Fair value changes in profit and loss increased by 100% to CNY 4,227,893.37, mainly due to increased income from trading financial assets[11]. - Other operating income increased by 1020.18% to CNY 428,302.50, primarily from the write-off of certain accounts payable[11]. Management and Structure - The company plans to optimize its management structure and improve operational efficiency through the absorption merger of its wholly-owned subsidiaries, Shenzhen Zhihui Cloud Software Technology Co., Ltd. and Shenzhen Wisdom Jinming Technology Co., Ltd.[15]. Audit Status - The report for the third quarter was not audited[26].