常辅股份(871396) - 2022 Q3 - 季度财报

Financial Performance - Operating revenue for the first nine months of 2022 was RMB 135,251,191.46, representing a decline of 21.54% year-on-year[15]. - Net profit attributable to shareholders for the same period was RMB 11,951,250.10, down 45.95% compared to the previous year[15]. - Basic earnings per share for the first nine months of 2022 were RMB 0.2040, a decrease of 45.95% from the previous year[15]. - In Q3 2022, operating revenue was RMB 52,588,955.00, down 25.31% from RMB 70,408,025.79 in Q3 2021[16]. - Net profit attributable to shareholders in Q3 2022 was RMB 5,006,724.84, a decrease of 49.03% compared to RMB 9,823,420.08 in Q3 2021[16]. - The net profit for the year-to-date was ¥11,951,250.10, a decrease of ¥10,161,710.04 or 45.95% year-on-year, primarily due to a decrease in operating revenue[19]. - Total operating revenue for Q3 2022 was ¥52,588,955, a decrease of 25.4% compared to ¥70,408,025.79 in Q3 2021[86]. - Net profit for Q3 2022 was ¥5,006,724.84, a decline of 49.0% from ¥9,823,420.08 in Q3 2021[88]. - Total profit of ¥5,531,281.83 for Q3 2022, down 53.0% from ¥11,747,709.99 in Q3 2021[88]. Cash Flow - The net cash flow from operating activities increased significantly to RMB 24,158,815.70, a rise of 149.91% year-on-year[15]. - The net cash flow from operating activities for the year-to-date was ¥24,158,815.70, an increase of ¥14,491,965.10 or 149.91% compared to the same period last year, mainly due to a decrease in cash paid for goods and services[20]. - Operating cash inflow for the first nine months of 2022 was $171.84 million, a decrease from $180.12 million in the same period of 2021, representing a decline of approximately 4.3%[91]. - Net cash flow from operating activities increased significantly to $24.16 million in 2022 from $9.67 million in 2021, marking a growth of approximately 149.5%[92]. - Cash paid for operating activities decreased to $147.68 million in 2022 from $170.46 million in 2021, a reduction of approximately 13.4%[92]. Assets and Liabilities - Total assets as of September 30, 2022, amounted to RMB 371,883,961.18, a decrease of 1.15% compared to the end of the previous year[15]. - The asset-liability ratio for both the parent company and consolidated statements stood at 31.56% as of September 30, 2022, a slight improvement from 32.70% at the end of the previous year[15]. - Total liabilities as of September 30, 2022, were RMB 103,333,424.19, down from RMB 107,954,564.14 at the end of 2021[83]. - The company has pledged assets totaling RMB 48,677,709.32, representing 13.09% of total assets[78]. - Total liabilities increased to ¥117,371,757.32 in the latest report from ¥123,008,608.35 in the previous period[84]. - Total equity rose slightly to ¥254,512,203.86 from ¥253,213,731.96, showing a marginal increase of 0.5%[84]. Shareholder Information - The total number of ordinary shares at the end of the reporting period was 58,590,280, with a basic earnings per share of 0.3744, adjusted from 0.4152 at the end of the previous year[23]. - The largest shareholder, Du Faping, holds 16,279,091 shares, representing 27.78% of the total shares[27]. - The total shares held by the top ten shareholders amount to 36,968,300, which is 63.09% of the total shares[28]. - The company commits to distributing at least 10% of the annual distributable profit in cash and at least 30% of the average annual distributable profit over any three consecutive fiscal years[55]. - The company will review its shareholder return plan every three years, considering various factors and shareholder opinions, especially from minority shareholders[56]. Legal Matters - The company is involved in a lawsuit with a claimed amount of 3,178,678.99 yuan, which constitutes 1.25% of the net assets at the end of the reporting period[32]. - The court ruled that the defendants must cease infringing on the company's trademarks and pay a total of 560,000 yuan in damages[34]. - The company is involved in ongoing legal proceedings regarding trademark disputes, with multiple cases filed in the Beijing Intellectual Property Court[39][40]. - The company has been pursuing overdue payments from Shanghai Zhonghu Valve Group Co., Ltd., amounting to CNY 235,524.00, with ongoing litigation in the Changzhou Wujin District People's Court[41]. Investment and Financial Strategy - The company has invested CNY 358,000,000.00 in low-risk financial products to enhance fund utilization efficiency and increase returns for shareholders[46]. - The company’s strategy includes investing in high-safety, liquid short-term low-risk financial products to optimize capital use[47]. - The company has committed to repurchase shares if any false statements or omissions are identified in the issuance documents[70]. Research and Development - Research and development expenses for Q3 2022 were ¥2,759,763.63, up 52.3% from ¥1,809,504.03 in Q3 2021, indicating a focus on innovation[87].