Financial Performance - Operating income for the first nine months of 2022 was CNY 189,965,420.80, representing a 5.80% increase from CNY 179,551,003.79 in the same period last year[15] - Net profit attributable to shareholders decreased by 5.80% to CNY 14,893,843.04 from CNY 15,810,151.86 year-on-year[15] - In Q3 2022, operating income was CNY 61,561,949.84, down 13.11% from CNY 70,849,093.20 in Q3 2021[16] - Net profit attributable to shareholders in Q3 2022 was CNY 4,123,123.27, a decrease of 38.19% from CNY 6,670,306.50 in Q3 2021[16] - The company reported a total profit for the first nine months of 2022 of ¥16,039,631.19, compared to ¥18,464,649.74 in the same period of 2021, a decline of about 13.16%[51] - The total operating profit for the first nine months of 2022 was 1,316,849.31, compared to 3,617,127.24 in the same period of 2021, indicating a decline of approximately 63.6%[55] - The net profit for the first nine months of 2022 was 1,403,864.41, down from 3,278,728.97 in 2021, representing a decrease of about 57.2%[56] Assets and Liabilities - Total assets increased by 38.87% to CNY 490,619,981.32 compared to CNY 353,300,731.69 at the end of the previous year[15] - Net assets attributable to shareholders rose by 70.63% to CNY 330,967,379.95 from CNY 193,969,460.51 at the end of the previous year[15] - The company’s total liabilities decreased, with the debt-to-asset ratio improving to 32.54% from 45.10% at the end of the previous year[15] - As of the end of September 2022, the company's long-term borrowings decreased by 100.00% compared to the end of 2021, primarily due to the repayment of bank loans following the successful fundraising from the Beijing Stock Exchange[19] - The company's total liabilities were ¥159,652,601.37 as of September 30, 2022, slightly up from ¥159,331,271.18 in the previous year[43] - The company reported a decrease in short-term borrowings to ¥28,500,000.00 from ¥45,048,836.53, a reduction of approximately 36.6%[42] Cash Flow - Cash flow from operating activities improved significantly, with a net cash inflow of CNY 26,395,149.39 compared to a net outflow of CNY -18,980,690.97 in the previous year, marking a 239.06% increase[15] - The net cash flow from operating activities grew by 239.06% compared to the same period in 2021, largely due to significant collections from accounts receivable and increased government subsidies received[24] - The cash flow from financing activities for the first nine months of 2022 was 92,864,200.39, up from 15,227,509.79 in 2021, indicating a growth of about 509.5%[59] - The cash flow from financing activities net amount was ¥93,654,133.45 in 2022, up from ¥23,611,789.79 in 2021, reflecting an increase of approximately 296.5%[61] Shareholder Information - The largest shareholder, Tang Xuwen, holds 98.70 million shares, representing 62.75% of the total shares[30] - Haiyan Jinyi Management Consulting Co., Ltd. holds 10.20 million shares, accounting for 6.485% of the total shares[30] - The total number of shares held by the top ten shareholders is 115.5 million, which is 73.44% of the total shares[32] Expenses and Income - The company's sales expenses increased by 48.39% year-on-year for the first nine months of 2022, amounting to an increase of 2,386,839.34 CNY, driven by the expansion of the sales team and increased marketing costs[20] - Financial expenses decreased by 2,047.31% year-on-year for the first nine months of 2022, primarily due to significant foreign exchange gains resulting from the appreciation of the US dollar against the RMB[21] - The company's investment income increased by 286.73% year-on-year for the first nine months of 2022, attributed to higher returns from financial products purchased with idle funds[21] - The company's other income increased by 141.60% year-on-year for the first nine months of 2022, mainly due to an increase in government rewards and subsidies received[21] Research and Development - Research and development expenses for Q3 2022 were CNY 3,785,196.61, compared to CNY 3,293,099.33 in Q3 2021, indicating a 15.0% increase[50] - Research and development expenses for Q3 2022 amounted to ¥3,222,958.88, up from ¥2,721,159.36 in Q3 2021, reflecting an increase of approximately 18.49%[54] Other Information - The company has no significant litigation or arbitration matters during the reporting period[35] - There are no external guarantees or loans provided by the company[35] - The company has disclosed commitments that have been fulfilled without any violations[36] - The company has a total of 1.18 million in cash assets under other restrictions, representing 0.24% of total assets[36] - Pledged cash assets amount to 14.71 million, which is 3.00% of total assets[36] - The company has not engaged in any share buyback activities during the reporting period[35]
荣亿精密(873223) - 2022 Q3 - 季度财报