康欣新材(600076) - 2022 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2022 was ¥74,199,280.07, a decrease of 72.17% compared to the same period last year[5]. - The net profit attributable to shareholders was -¥45,980,017.36, reflecting a significant decline of 445.28% year-on-year[5]. - Basic and diluted earnings per share were both -¥0.03, a decrease of 433.33% compared to the previous year[6]. - Total revenue for the first three quarters of 2022 was CNY 332,425,270.98, a significant decrease from CNY 1,025,920,574.91 in the same period of 2021, representing a decline of approximately 67.6%[18]. - The net profit for the first three quarters of 2022 was a loss of CNY 140,127,994.06, contrasting with a profit of CNY 41,484,071.85 in the same period of 2021[19]. - The net profit attributable to the parent company for Q3 2022 was -138,255,105.26 CNY, compared to a profit of 40,041,927.35 CNY in the same period last year, indicating a significant decline[20]. - The total comprehensive income for Q3 2022 was -140,127,994.06 CNY, compared to 41,484,071.85 CNY in the same period last year[20]. Cash Flow - The cash flow from operating activities for the year-to-date was -¥60,630,589.48, indicating negative cash flow[6]. - Cash inflows from operating activities for the first three quarters of 2022 totaled 545,622,605.60 CNY, a decrease of approximately 59.5% from 1,346,561,043.92 CNY in the same period of 2021[22]. - The net cash flow from operating activities for the first three quarters of 2022 was -60,630,589.48 CNY, an improvement from -101,475,114.63 CNY in the previous year[22]. - Cash outflows from investing activities for Q3 2022 amounted to 42,822,378.00 CNY, compared to 90,580,129.60 CNY in the same period last year, showing a reduction of about 52.8%[23]. - The net cash flow from financing activities for Q3 2022 was -134,969,249.07 CNY, a decrease from a positive cash flow of 187,532,473.76 CNY in the previous year[23]. Assets and Liabilities - Total assets at the end of the reporting period were ¥7,592,991,010.35, down 5.10% from the end of the previous year[6]. - As of September 30, 2022, total assets were CNY 7,592,991,010.35, down from CNY 8,001,428,763.23 at the end of 2021, reflecting a decrease of approximately 5.1%[16]. - Current assets totaled CNY 4,564,977,688.20 as of September 30, 2022, compared to CNY 4,910,037,900.80 at the end of 2021, a decline of about 7.0%[16]. - The total liabilities as of September 30, 2022, were CNY 2,852,330,309.53, down from CNY 3,120,640,068.35 at the end of 2021, indicating a reduction of about 8.6%[16]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 42,154[10]. - The largest shareholder, Wuxi Construction Development Investment Co., Ltd., held 38.4% of the shares, totaling 516,902,585 shares[11]. Operational Challenges - The company experienced a 67.60% decline in revenue due to reduced orders from downstream container manufacturing enterprises, influenced by macroeconomic conditions and the COVID-19 pandemic[9]. - The company's cash and cash equivalents decreased to CNY 334,577,559.38 from CNY 699,586,122.70, representing a drop of approximately 52.1%[15]. - The company's inventory increased to CNY 3,933,729,455.71 from CNY 3,772,518,526.67, marking an increase of approximately 4.3%[15]. - Research and development expenses for the first three quarters of 2022 were CNY 17,637,571.41, down from CNY 38,111,517.99 in the same period of 2021, a decrease of about 53.7%[19]. - The company reported a significant increase in financial expenses, totaling CNY 60,182,466.15 in 2022 compared to CNY 62,428,855.51 in 2021, reflecting a decrease of about 3.6%[19]. - The company reported a significant decrease in cash received from sales of goods and services, totaling 470,538,328.86 CNY for the first three quarters of 2022, down from 1,311,421,941.05 CNY in the same period last year[22]. - The company did not report any net profit from subsidiaries prior to the merger, indicating no contribution to earnings from this activity[21].