Financial Performance - Total revenue for the first nine months of 2022 reached RMB 248,298,740.40, an increase of 6.41% compared to RMB 233,351,905.35 in the same period last year[14] - Net profit attributable to shareholders for the first nine months of 2022 was RMB 29,111,093.12, a decrease of 6.37% from RMB 31,112,877.10 in the previous year[14] - In the third quarter of 2022, the company reported a revenue of RMB 89,079,555.84, an increase of 8.79% compared to RMB 81,881,637.51 in the same quarter of 2021[15] - The net profit attributable to shareholders in the third quarter of 2022 was RMB 7,703,411.57, a decline of 33.33% from RMB 11,553,932.04 in the same quarter of the previous year[15] - The basic earnings per share for the first nine months of 2022 was RMB 0.60, down 24.74% from RMB 0.80 in the previous year[14] - Basic earnings per share for Q3 2022 were 0.16, down from 0.30 in Q3 2021, reflecting a decline of about 46.7%[48] Assets and Liabilities - The company's total assets as of September 30, 2022, were RMB 427,505,642.74, a slight decrease of 0.4% from RMB 429,211,982.29 at the end of 2021[14] - The net asset attributable to shareholders increased by 13.07% to RMB 306,258,565.38 compared to RMB 270,850,293.14 at the end of the previous year[14] - The company's debt-to-asset ratio decreased to 28.36% from 36.89% in the previous year, indicating improved financial stability[14] - The total value of assets under restriction due to mortgages is CNY 57.01 million, accounting for 13.34% of total assets[33] - As of September 30, 2022, the company's total current assets amount to CNY 189.55 million, a decrease from CNY 224.51 million as of December 31, 2021[37] - The company's total non-current assets increased to CNY 237.95 million from CNY 204.71 million year-over-year[38] - Total liabilities decreased to ¥120,812,951.87 from ¥149,112,684.51 year-over-year, indicating a reduction of approximately 19%[43] Cash Flow - The cash flow from operating activities for the first nine months of 2022 was RMB 21,200,875.10, representing a significant increase of 39.44% from RMB 15,204,106.79 in the same period last year[14] - The net cash flow from operating activities was ¥21,200,875.10, a growth of 39.44% year-on-year, mainly due to the recovery of previous payments[19] - The cash flow from investing activities for the first nine months of 2022 was negative at CNY -46,182,486.33, compared to CNY -42,270,463.94 in 2021, indicating a worsening of cash outflow[55] - The cash flow from financing activities for the first nine months of 2022 was negative at CNY -10,974,926.85, compared to a positive cash flow of CNY 1,373,567.35 in 2021, reflecting a significant change in financing strategy[55] - The cash and cash equivalents at the end of the period were CNY 55,884,512.35, a decrease from CNY 91,676,860.83 at the beginning of the period, indicating a cash reduction of approximately 39.1%[55] Research and Development - R&D expenses for the period amounted to ¥10,704,199.10, an increase of 48.70% year-on-year, primarily due to increased investment in research projects related to internal gear pumps[18] - Research and development expenses increased to 3,546,530.25 in Q3 2022 from 1,874,312.05 in Q3 2021, marking an increase of about 89%[50] Shareholder Information - The total number of unrestricted shares increased from 10,260,631 to 12,010,829, representing a rise from 21.05% to 24.64% of total shares[24] - Major shareholders include Huai'an Haoxin Hydraulic Co., Ltd. holding 28.72% and Ma Jinxing holding 15.37% of the shares[25] - The company has 5,419 common stock shareholders at the end of the reporting period[24] Other Income and Expenses - Other income for the period was ¥635,217.92, up 89.92% year-on-year, attributed to an increase in government subsidies related to assets[18] - Exchange gains for the period reached ¥545,914.17, a significant increase of 253.07% year-on-year, largely influenced by currency fluctuations[18] - The total operating expenses for the first nine months of 2022 were CNY 233,007,199.97, compared to CNY 168,449,870.33 in 2021, representing an increase of about 38.3%[54] - The tax expenses for Q3 2022 were 835,423.86, down from 1,921,226.89 in Q3 2021, indicating a decrease of about 56.5%[47]
威博液压(871245) - 2022 Q3 - 季度财报