Financial Performance - Revenue for Q3 2022 was ¥967,447,783.12, a decrease of 12.88% compared to the same period last year[7] - Net profit attributable to shareholders was -¥125,133,374.20, representing a decline of 148.04% year-on-year[7] - The company reported a net cash flow from operating activities of -¥529,202,002.04, a decrease of 324.08% compared to the previous year[7] - Total revenue for the third quarter reached ¥3,654,791,604.25, an increase of 25.1% compared to ¥2,921,612,567.84 in the same period last year[33] - The company's net profit for the period was ¥529,915,075.50, a decrease of 41.4% compared to ¥903,669,840.42 in the previous year[33] - The net profit for the current period is CNY 422,223,463.93, a decrease of 44.5% compared to CNY 760,040,239.45 in the previous period[37] - The total comprehensive income for the current period is CNY 625,897,080.54, down from CNY 742,728,037.82 in the previous period[37] - The basic and diluted earnings per share for the current period are both CNY 2.03, compared to CNY 4.47 in the previous period[37] Assets and Liabilities - Total assets increased to ¥9,970,884,816.98, up 119.38% from the end of the previous year[7] - The total assets of the company reached ¥9,970,884,816.98, a substantial increase from ¥4,545,105,029.03 at the beginning of the year[27] - The company's total liabilities increased to ¥1,312,226,109.49, compared to ¥1,220,129,574.17 in the previous year[30] Shareholder Information - Shareholders' equity rose to ¥8,658,658,707.49, reflecting a growth of 160.41% year-on-year[7] - The total number of common shareholders at the end of the reporting period is 23,709, with the top ten shareholders holding a combined 66.36% of shares[18] - The largest shareholder, Luo Jie, holds 22.43% of shares, amounting to 50,840,820 shares[18] - The company’s top ten shareholders include Xie Fubiao with 10.36% and Jiangxi Ganfeng Lithium with 9.05%[18] - The company has a total of 5,550,091 unrestricted shares held by Zhang Jing, representing 2.45% of total shares[18] Cash Flow - Cash and cash equivalents increased significantly to ¥4,345,318,687.60 from ¥537,153,358.52 at the beginning of the year, reflecting a growth of 707.5%[27] - Cash inflow from operating activities is CNY 4,686,705,351.30, significantly higher than CNY 2,637,766,730.87 in the previous period[41] - The net cash flow from operating activities is negative at CNY -529,202,002.04, compared to a positive CNY 236,171,754.82 in the previous period[41] - Cash inflow from financing activities totals CNY 6,858,623,984.21, compared to CNY 700,463,300.61 in the previous period[43] - The net cash flow from financing activities is CNY 4,696,216,456.08, a substantial increase from CNY 70,000,452.46 in the previous period[43] - The ending cash and cash equivalents balance is CNY 4,274,688,895.61, up from CNY 339,881,446.56 in the previous period[43] Operating Costs and Expenses - The company experienced a 46.83% increase in operating costs, totaling ¥2,654,866,827.39 for the year-to-date[15] - Operating costs amounted to ¥2,853,661,682.42, up 42.5% from ¥2,003,207,029.39 year-on-year[33] - Research and development expenses for the period were ¥84,600,210.80, an increase from ¥68,192,230.61 in the same period last year[33] Inventory and Borrowings - Inventory increased by 73.46% to ¥2,709,121,273.51, driven by the need for raw materials for production[11] - The company reported a significant increase in short-term loans, which rose to ¥502,852,462.35 from ¥373,914,332.08[30] - The company’s short-term borrowings rose by 34.48% to ¥502,852,462.35 due to increased procurement activities[14] Production and Projects - The company is in the process of upgrading its production capacity, with a project for 20,000 tons of cobalt and 10,000 tons of nickel expected to be completed by December 2022[23] - The three-way precursor project is currently in the preparation and design phase, with construction expected to start in Q4 2022[24] - The company has 13,500 tons of cobalt salt extraction and refining workshop entering equipment debugging phase, and the finished product workshop is in water testing phase[23] Audit and Tax - The company reported a tax expense of CNY 107,691,611.57, down from CNY 143,629,600.97 in the previous period[37] - The company has not undergone an audit for the third quarter report[45]
腾远钴业(301219) - 2022 Q3 - 季度财报