创远信科(831961) - 2022 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months of 2022 was CNY 215,207,392.82, a decrease of 23.13% from CNY 279,969,611.06 in the same period of 2021[18] - Net profit attributable to shareholders for the first nine months of 2022 was CNY 17,297,143.34, down 49.16% from CNY 34,021,866.66 in the previous year[18] - The company reported a basic earnings per share of CNY 0.12, a decrease of 50.00% from CNY 0.24 in the previous year[18] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 5,012,538.63, a decline of 79.12% from CNY 24,002,127.72 in the previous year[18] - The weighted average return on net assets based on net profit attributable to shareholders was 2.43%, down from 5.04% in the previous year[18] - The company reported a total comprehensive income of approximately ¥5.32 billion for Q3 2022, down from ¥8.04 billion in Q3 2021, a decline of 33.5%[61] - The company's net profit for Q3 2022 was approximately ¥5.32 billion, a decrease from ¥8.04 billion in Q3 2021, representing a decline of 33.5% year-over-year[60] - The total profit for Q3 2022 was reported at ¥3.85 billion, down from ¥7.30 billion in Q3 2021, marking a decrease of 47.3%[61] - The company's basic earnings per share for Q3 2022 was ¥0.04, compared to ¥0.05 in Q3 2021, a decrease of 20%[61] - The total operating profit for the first nine months of 2022 was CNY 20,387,972.88, a decrease from CNY 42,253,230.86 in the same period of 2021, representing a decline of approximately 51.8%[64] - The net profit for the first nine months of 2022 was CNY 25,220,152.85, down from CNY 43,489,936.53 in 2021, indicating a decrease of about 41.9%[65] Cash Flow - The net cash flow from operating activities increased by 232.67% to CNY 103,715,565.90 compared to CNY 31,176,785.73 in the same period last year[18] - Cash flow from operating activities for the first nine months of 2022 was CNY 103,715,565.90, compared to CNY 31,176,785.73 in the same period of 2021, showing an increase of approximately 232.5%[67] - Cash inflow from operating activities totaled CNY 314,559,941.56, slightly down from CNY 322,617,733.27 in 2021, reflecting a decrease of about 2.9%[67] - Cash outflow from operating activities was CNY 210,844,375.66, compared to CNY 291,440,947.54 in the previous year, indicating a reduction of approximately 27.6%[67] - The net cash flow from investing activities was -CNY 81,038,716.24 for the first nine months of 2022, a decline from CNY 24,635,677.22 in 2021[68] - The net cash flow from financing activities was CNY 630,727.40, compared to -CNY 14,565,315.22 in the same period of 2021, marking a significant improvement[68] Assets and Liabilities - Total assets as of September 30, 2022, reached CNY 1,037,866,293.04, an increase of 6.53% compared to CNY 974,219,184.57 at the end of 2021[18] - The company’s asset-liability ratio (consolidated) increased to 32.14% from 27.29% year-on-year[18] - The balance of construction in progress increased by 953.94% to CNY 31,318,600.00, attributed to investments in three online production lines[20] - The balance of other non-current assets at the end of the reporting period was 1.6284 million yuan, a decrease of 70.68% compared to the end of the previous year, mainly due to the arrival of prepaid equipment procurement payments[21] - The amount of notes payable at the end of the reporting period was 5.1270 million yuan, an increase of 170.56% compared to the end of the previous year, primarily due to an increase in procurement payments made by notes during the period[21] - The balance of employee compensation payable at the end of the reporting period was 3.5158 million yuan, a decrease of 64.46% compared to the end of the previous year, mainly due to the payment of last year's accrued year-end bonuses during the period[21] - The balance of contract liabilities at the end of the reporting period was 11.5971 million yuan, an increase of 66.18% compared to the end of the previous year, mainly due to an increase in advance payments received for contracts[21] - The balance of other payables at the end of the reporting period was 11.7559 million yuan, an increase of 745.35% compared to the end of the previous year, mainly due to government grants received for three development projects[21] - The balance of deferred income tax liabilities at the end of the reporting period was 0.0681 million yuan, an increase of 272.88% compared to the end of the previous year, mainly due to the increase in fair value changes of bank wealth management products[21] - The total liabilities increased to ¥207,645,215.00 from ¥147,781,054.00, reflecting a rise of about 40.5%[53] - Total liabilities as of September 30, 2022, were ¥310,338,338.06, up from ¥241,466,707.27 at the end of 2021, marking an increase of about 28.5%[56] Research and Development - Research and development expenses rose by 80.16% to CNY 200,784,400.00 due to the execution of three ongoing development projects[20] - Research and development expenses for Q3 2022 amounted to ¥18.36 billion, compared to ¥27.24 billion in Q3 2021, reflecting a reduction of 32.5% year-over-year[63] Shareholder Information - The company reported a total of 77,292,567 shares held by the top ten shareholders, representing 54.10% of total shares[30] - The largest shareholder, Chuangyuan Electronics, holds 38,762,632 shares, accounting for 27.14% of total shares[30] - The company has a stock option incentive plan that granted 4,256,950 stock options, representing 3.87% of the total share capital at the time of the plan announcement[39] - The first grant of stock options was made on October 11, 2021, with an exercise price of 20.52 per share[40] - The company adjusted the stock option incentive plan, with the exercise price set at ¥15.71 per share and the total number of options granted being 4,425,695 for the initial grant and 1,106,424 for the reserved portion[41] - On September 26, 2022, the company granted 1,076,000 stock options to 21 incentive recipients at an exercise price of ¥15.71 per share[42] - The company approved a share repurchase plan with a maximum repurchase price of ¥30.00 per share, based on a trading average of ¥18.16 over the previous 30 trading days[43] - The adjusted maximum repurchase price was set at ¥23.01 per share, with a total repurchase fund of no less than ¥10,000,000 and no more than ¥20,000,000, estimating a remaining repurchase quantity between 321,116 and 755,710 shares[44] - As of September 30, 2022, the company repurchased 1,513,803 shares, accounting for 1.06% of the total share capital, with a maximum transaction price of ¥17.294 per share[44] - The total amount paid for the repurchased shares was ¥19,442,441.89, representing 97.21% of the maximum repurchase fund[45] Corporate Governance - The company has no ongoing litigation or arbitration matters during the reporting period[34] - The company has implemented a share repurchase plan, which was timely executed as per the announcement[34] - The company has no external guarantees or loans during the reporting period[34] - The company has committed to reducing related party transactions, which is currently being fulfilled as per the announcements made in previous years[48]