GRIAM(SH:600206)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥4,328,347,316.92, representing a decrease of 6.76% compared to the same period last year[6] - The net profit attributable to shareholders for Q3 2022 was ¥70,935,209.07, showing an increase of 1.29% year-on-year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥52,220,555.37 for Q3 2022[10] - The basic earnings per share for Q3 2022 was ¥0.094, reflecting an increase of 0.81% compared to the same period last year[10] - The net profit attributable to shareholders for the year-to-date period increased by 22.73%, driven by growth in sales volume and prices of target materials and rare earth products[12] - Total operating revenue for the first three quarters of 2022 was CNY 11,734,988,484.56, a decrease of 4.37% compared to CNY 12,270,672,098.42 in the same period of 2021[31] - Net profit attributable to shareholders of the parent company reached CNY 260,189,628.84, compared to CNY 212,004,014.92 in the previous year, marking an increase of 22.73%[34] - The total comprehensive income for the period reached ¥272,882,060.84, compared to ¥215,519,189.36 in the previous year, representing an increase of approximately 26.5%[37] - The net profit attributable to the parent company was ¥260,189,628.84, up from ¥212,004,014.92, indicating a growth of about 22.7%[37] - Basic and diluted earnings per share increased to ¥0.317 from ¥0.261, reflecting a rise of approximately 21.5%[37] Assets and Liabilities - The total assets at the end of Q3 2022 amounted to ¥5,613,718,120.41, an increase of 14.60% from the end of the previous year[10] - As of September 30, 2022, the total assets of the company amounted to RMB 5,613,718,120.41, an increase from RMB 4,898,566,200.43 as of December 31, 2021, representing a growth of approximately 14.6%[22] - The equity attributable to shareholders at the end of Q3 2022 was ¥3,611,294,090.87, which is a 5.95% increase year-on-year[10] - The company’s total equity as of September 30, 2022, was RMB 3,613,718,120.41, reflecting an increase from RMB 3,098,566,200.43, which is a growth of about 16.6%[26] - The total liabilities amounted to CNY 1,721,022,330.91, an increase of 41.67% from CNY 1,215,145,939.24 year-over-year[28] - The company’s total liabilities increased to RMB 2,000,000,000.00, compared to RMB 1,800,000,000.00 in the previous period, indicating a rise of approximately 11.1%[26] Cash Flow - The company reported a net cash flow from operating activities of -¥694,743,608.63 for the year-to-date period[10] - Cash inflows from operating activities totaled ¥12,546,718,022.95, a decrease of about 5.7% compared to ¥13,302,717,369.02 in the previous year[40] - Cash outflows from operating activities amounted to ¥13,241,461,631.58, down from ¥14,079,943,641.69, showing a reduction of approximately 5.9%[40] - The net cash flow from operating activities was -¥694,743,608.63, an improvement from -¥777,226,272.67 year-over-year[40] - Cash inflows from investment activities were ¥13,913,389,536.12, slightly lower than ¥14,072,562,123.53 in the previous year[40] - The net cash flow from investment activities was -¥372,962,744.57, compared to a positive cash flow of ¥194,679,912.04 in the previous year[40] - The net cash flow from financing activities was ¥205,329,602.12, an increase from ¥53,698,448.56 year-over-year[42] - The ending cash and cash equivalents balance was ¥423,030,587.06, up from ¥206,599,514.61 in the previous year, indicating a significant increase of approximately 104.5%[42] Operational Metrics - The company experienced a 4.37% decrease in operating revenue year-to-date, primarily due to a decline in the prices of platinum group metal materials[12] - The total number of common shareholders at the end of the reporting period was 77,466[16] - The company's cash and cash equivalents decreased to RMB 423,030,587.06 from RMB 1,275,519,423.83, a decline of about 66.8% year-over-year[22] - Accounts receivable increased significantly to RMB 788,573,575.66 from RMB 292,157,624.83, marking a rise of approximately 169.5%[22] - Inventory levels rose to RMB 1,514,688,414.37, up from RMB 1,005,205,103.21, indicating an increase of around 50.5%[22] - Short-term borrowings surged to RMB 369,960,890.00 from RMB 112,960,760.00, reflecting an increase of approximately 227.5%[26] - The company's total current liabilities increased to RMB 1,084,000,000.00, compared to RMB 1,000,000,000.00 in the previous period, showing a rise of about 8.4%[26] - The company reported a significant increase in prepayments, which rose to RMB 358,045,434.94 from RMB 167,180,505.57, a growth of approximately 114.3%[22] - The total non-current assets reached RMB 1,507,750,340.65, up from RMB 1,372,533,537.93, representing an increase of about 9.8%[26] Research and Development - Research and development expenses increased to CNY 134,733,828.26, up from CNY 111,101,753.27, indicating a growth of 21.3%[31] - Future outlook includes continued investment in R&D to drive innovation and market expansion, although specific figures were not provided in the report[31]