ELION(SH:600277)2022-10-27 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥2,627,773,248.52, a decrease of 22.46% compared to the same period last year[6]. - Net profit attributable to shareholders for Q3 2022 was ¥225,879,105.18, an increase of 40.30% year-over-year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥205,807,638.18, reflecting a 21.50% increase compared to the previous year[6]. - The basic earnings per share for Q3 2022 was ¥0.06, up by 20.00% from the same period last year[6]. - Total revenue for the first three quarters of 2022 was CNY 9,396,420,407.97, a decrease of 8.6% compared to CNY 10,278,127,697.69 in the same period of 2021[34]. - Net profit for the first three quarters of 2022 was CNY 626,058,719.88, down 7.97% from CNY 680,239,426.32 in the first three quarters of 2021[56]. - The total comprehensive income for the period was ¥991,811,593.64, compared to ¥703,699,871.39, indicating a growth of around 41.0%[40]. - Total comprehensive income for the first three quarters of 2022 was CNY 626,058,719.88, down from CNY 680,239,426.32 in the previous year[58]. Assets and Liabilities - Total assets at the end of the reporting period were ¥34,062,848,686.29, a slight decrease of 0.09% compared to the end of the previous year[9]. - Current assets decreased to CNY 7,965,460,989.79 as of September 30, 2022, from CNY 10,084,805,366.15 at the end of 2021, representing a decline of 20.9%[28]. - Non-current assets increased to CNY 26,097,387,696.50 as of September 30, 2022, compared to CNY 24,008,819,085.89 at the end of 2021, an increase of 8.7%[31]. - Total liabilities decreased to CNY 13,621,956,968.46 as of September 30, 2022, from CNY 14,472,008,652.56 at the end of 2021, a reduction of 5.9%[33]. - The company's total assets were CNY 34,062,848,686.29 as of September 30, 2022, slightly down from CNY 34,093,624,452.04 at the end of 2021, a decrease of 0.1%[32]. - The total liabilities decreased to 6,975,302,253.70 RMB from 7,065,919,473.28 RMB, reflecting a reduction of about 1.3%[54]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥380,106,689.93, down by 75.87% compared to the same period last year[6]. - The net cash flow from operating activities decreased by 75.87 million, primarily due to the increase in prepaid energy materials prices and the absence of photovoltaic subsidies received during the period[15]. - The net cash flow from operating activities was 380,106,689.93 RMB, a significant decrease from 1,575,142,412.88 RMB in the previous period, indicating a decline of approximately 76.1%[45]. - Cash flow from operating activities generated a net amount of CNY 1,597,040,254.13, significantly higher than CNY 700,078,373.97 in the first three quarters of 2021[60]. - Cash flow from investing activities showed a net outflow of CNY 786,995,754.68, compared to a net inflow of CNY 361,581,789.03 in the previous year[62]. - The total cash outflow from investing activities was 1,022,402,365.43 RMB, compared to 1,281,500,129.71 RMB in the prior period, reflecting a decrease of about 20.2%[45]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 132,440[16]. - The largest shareholder, Yili Resources Group Co., Ltd., holds 1,349,400,000 shares, accounting for 37.90% of the total shares[20]. - The company has pledged a total of 134,940,000 shares, which represents 100% of the shares held by Yili Resources and 37.90% of the company's total share capital[22]. Expenses and Investments - Operating profit rose to ¥1,088,225,280.79, compared to ¥796,934,072.42, showing an increase of approximately 36.5%[38]. - Research and development expenses were ¥205,982,389.10, up from ¥186,963,475.53, representing an increase of about 10.1%[38]. - Financial expenses decreased to ¥408,227,168.97 from ¥544,131,974.85, a reduction of approximately 25.0%[38]. - The company’s tax expenses were ¥103,989,271.27, compared to ¥93,815,664.22, reflecting an increase of about 10.4%[38]. - Investment income significantly increased to ¥745,070,098.16 from ¥426,888,992.94, marking a rise of approximately 74.7%[38]. - Investment income rose to CNY 725,840,474.94, an increase of 18.69% compared to CNY 611,294,375.20 in the same period of 2021[56]. Management Changes - The company has appointed a new independent director, Wang Fangming, following the resignation of the previous independent director[23]. - The company has hired Zhang Yanmei as the secretary of the board of directors[24].