方大新材(838163) - 2022 Q3 - 季度财报

Financial Performance - The company's operating revenue for the first nine months of 2022 reached ¥290,687,453.29, an increase of 8.22% compared to ¥268,599,501.52 in the same period last year[15] - The net profit attributable to shareholders for the first nine months of 2022 was ¥34,256,944.47, reflecting a growth of 12.70% from ¥30,396,347.55 in the previous year[15] - The net cash flow from operating activities significantly increased by 222.61%, amounting to ¥43,593,880.12 compared to ¥13,512,795.66 in the same period last year[15] - The company reported a net profit of ¥1,029,20 for the third quarter of 2022, a decrease of 31.51% compared to ¥1,502,465.07 in the same quarter of the previous year[17] - The net profit for the first nine months of 2022 was CNY 34,256,944.47, an increase of 12.2% compared to CNY 30,396,347.55 in the same period of 2021[48] - The total comprehensive income for the first nine months of 2022 was CNY 34,256,944.47, compared to CNY 30,396,347.55 in the same period of 2021, indicating a growth of 12.2%[49] Assets and Liabilities - The total assets as of September 30, 2022, were ¥497,075,270.16, representing a 9.19% increase from ¥455,242,150.94 at the end of the previous year[15] - The company's total liabilities to total assets ratio remained stable at 17.31% as of September 30, 2022, compared to 17.24% at the end of the previous year[15] - The company's total liabilities stood at CNY 86,055,937.68, compared to CNY 78,479,762.93 in the previous year, marking an increase of approximately 9.9%[40] - The total equity attributable to shareholders reached CNY 411,019,332.48, up from CNY 376,762,388.01, reflecting an increase of about 9.0%[40] - The company's current assets totaled CNY 259,905,531.93, down from CNY 291,735,777.54 in the previous year, indicating a decrease of about 10.9%[38] - The company's cash and cash equivalents decreased by 66.63%, amounting to a reduction of ¥81,722,300 due to investments in structured deposits[18] Cash Flow - The net cash flow from investment activities was CNY -131.6409 million, primarily due to investments in construction and production equipment[22] - The cash received from sales of goods and services for the first nine months of 2022 was CNY 299,408,752.28, an increase of 13.8% from CNY 262,969,898.77 in the same period of 2021[53] - Operating cash flow for the first nine months of 2022 was CNY 43,593,880.12, a significant increase from CNY 13,512,795.66 in the same period of 2021, reflecting improved operational efficiency[57] - The company experienced a negative net increase in cash and cash equivalents of -CNY 81,722,337.40, compared to -CNY 44,439,474.71 in the same period last year[58] Research and Development - R&D expenses for the period from January to September increased by CNY 1.9466 million, a growth of 20.30% year-on-year, with a significant increase of 54.05% in Q3 compared to the same period last year[21] - Research and development expenses for the first nine months of 2022 were ¥11,535,807.53, compared to ¥9,589,207.67 in 2021, indicating an increase of approximately 20.3%[47] Shareholder Information - The total number of ordinary shares at the end of the period was 126 million, with 81.91% held by the top ten shareholders[27][30] - The largest shareholder, Yang Zhi, holds 64.80% of the shares, amounting to 81,651,000 shares[30] Market Strategy - The company plans to strengthen its domestic market presence while maintaining relationships with foreign clients due to the impact of the Russia-Ukraine conflict on European demand[20]