电工合金(300697) - 2022 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2022 was ¥609,936,937, representing a 4.34% increase year-over-year, while the year-to-date revenue reached ¥1,687,327,859.83, up 6.80% compared to the same period last year[3]. - Net profit attributable to shareholders for Q3 2022 was ¥21,725,955.49, a decrease of 11.78% year-over-year, with year-to-date net profit at ¥81,702,333.02, down 1.32%[3]. - Total operating revenue for the period reached ¥1,687,327,859.83, an increase of 6.8% compared to ¥1,579,869,375.35 in the previous period[16]. - Net profit for the period was ¥81,414,122.82, slightly down from ¥82,810,583.40, indicating a decrease of 1.7%[17]. - Basic earnings per share decreased to ¥0.245 from ¥0.249, reflecting a decline of 1.6%[18]. Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥93,261,676.97, showing a significant increase of 152.85% compared to the previous year[7]. - The company reported a significant increase in cash flow from operating activities, attributed to the recovery of sales payments[7]. - The net cash flow from operating activities was ¥93,261,676.97, a significant improvement compared to a net outflow of ¥176,453,599.90 in the previous period[19]. - The company reported a cash inflow from operating activities totaling ¥1,975,125,545.04, compared to ¥1,637,619,189.36 in the previous period, marking an increase of 20.6%[19]. - The cash and cash equivalents at the end of the period increased to 137,507,350.73 CNY from 47,929,730.25 CNY year-over-year[20]. Assets and Liabilities - Total assets at the end of Q3 2022 amounted to ¥1,616,613,331.79, reflecting a 12.01% increase from the end of the previous year[3]. - The total liabilities increased to ¥678,960,706.04 from ¥524,505,346.23, representing a rise of 29.4%[17]. - The total equity attributable to shareholders of the parent company was ¥936,398,391.93, up from ¥917,231,730.20, showing an increase of 2.3%[17]. - Current assets total CNY 1.36 billion, up from CNY 1.19 billion at the start of the year, indicating a growth of approximately 14%[14]. - Cash and cash equivalents increased to CNY 254.46 million from CNY 133.83 million, representing a growth of about 90%[14]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 16,935[9]. - The largest shareholder, Chen Lijiao, holds 31.25% of shares, totaling 104 million shares, with 78 million shares pledged[9]. - The company has a total of 99.99% of shares held by the top two shareholders, indicating a high concentration of ownership[9]. Expenses and Costs - Total operating costs amounted to ¥1,582,930,041.48, up from ¥1,463,983,481.57, reflecting a year-over-year increase of 8.5%[16]. - Financial expenses increased by 84.18% year-over-year to ¥16,068,328.80, primarily due to higher interest expenses[7]. - Research and development expenses were ¥24,243,121.70, slightly down from ¥24,328,094.15, indicating a decrease of 0.4%[17]. Inventory and Receivables - Inventory as of September 30, 2022, is CNY 348.34 million, compared to CNY 322.80 million at the beginning of the year, showing an increase of about 8%[14]. - The company reported a significant increase in accounts receivable, totaling CNY 574.39 million, up from CNY 537.81 million, which is an increase of approximately 7%[14]. - The company experienced a 395.87% increase in accounts payable, reaching ¥113,090,192.29, mainly due to an increase in bank acceptance bills issued[6]. Mergers and Acquisitions - The company completed the absorption merger of its wholly-owned subsidiary Jiangyin Kangsheng New Materials Co., Ltd., which has been officially deregistered[11]. Other Financial Information - Other comprehensive income after tax was reported at -¥9,287,671.29, worsening from -¥5,025,633.48 in the previous period[17]. - The net cash flow from investment activities was -5,945,349.98 CNY, compared to -26,255,336.35 CNY in the previous year, indicating an improvement[20]. - The cash inflow from investment activities was 1,142,204,506.13 CNY, down from 1,544,967,598.55 CNY year-over-year[20]. - The company did not undergo an audit for the third quarter report[21]. - The report was issued by the board of directors on October 22, 2022[22].