HPEC(SH:600312)2022-10-24 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥2,112,011,170.12, a decrease of 11.25% compared to the same period last year[4] - Net profit attributable to shareholders for the same period was ¥61,854,153.01, an increase of 28.21% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥54,603,459.59, reflecting a year-on-year increase of 41.99%[4] - Basic earnings per share for Q3 2022 was ¥0.0456, up 28.09% from the previous year[4] - The net profit for Q3 2022 was 249,682,011.10, a significant increase from 136,777,646.52 in Q3 2021, representing an increase of approximately 82.5%[16] - The total profit for Q3 2022 reached 301,700,723.78, compared to 155,971,379.29 in the same period last year, marking an increase of about 93.5%[16] - The operating profit for Q3 2022 was 294,123,200.62, up from 137,467,115.67 in Q3 2021, reflecting an increase of approximately 114.5%[16] - The basic earnings per share for Q3 2022 was 0.1315, compared to 0.0770 in Q3 2021, indicating an increase of about 71.6%[17] - The total comprehensive income for Q3 2022 was 268,615,212.51, compared to 153,616,067.65 in Q3 2021, representing an increase of approximately 74.7%[17] Assets and Liabilities - Total assets at the end of the reporting period were ¥18,322,265,431.50, a decrease of 4.45% from the end of the previous year[5] - The company's total assets as of September 30, 2022, were CNY 18,322,265,431.50, down from CNY 19,175,290,656.28 at the end of 2021, showing a decrease of about 4.4%[14] - Total liabilities as of September 30, 2022, were CNY 8,600,482,236.64, compared to CNY 9,682,686,811.03 at the end of 2021, indicating a reduction of approximately 11.2%[13] - The company's total equity attributable to shareholders as of September 30, 2022, was CNY 9,319,405,709.05, compared to CNY 9,136,481,743.26 at the end of 2021, reflecting a growth of about 2.0%[14] Cash Flow - Cash flow from operating activities for the first three quarters of 2022 was 5,769,725,378.70, slightly up from 5,712,731,650.61 in the same period of 2021[18] - The net cash flow from operating activities in Q3 2022 was 76,404,760.24, a turnaround from a negative cash flow of -43,713,213.84 in Q3 2021[19] - The cash flow from financing activities in Q3 2022 showed a net outflow of -281,476,774.44, compared to a net inflow of 68,873,854.46 in Q3 2021[20] - The total cash and cash equivalents at the end of Q3 2022 were 1,894,539,895.01, compared to 1,617,094,286.38 at the end of Q3 2021, indicating an increase of approximately 17.1%[20] - The company reported a foreign exchange impact on cash and cash equivalents of 120,610.05 in Q3 2022, contrasting with a negative impact of -1,417,078.71 in Q3 2021[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 64,582[8] - The largest shareholder, Pinggao Group Co., Ltd., held 40.50% of the shares[8] Operational Insights - The company reported a significant increase in net profit due to the delivery of key projects and improvements in management efficiency[7] - Total operating revenue for the first three quarters of 2022 reached CNY 6,128,947,364.49, an increase from CNY 5,903,243,446.39 in the same period of 2021, representing a growth of approximately 3.9%[15] - Total operating costs for the first three quarters of 2022 were CNY 5,848,647,497.38, slightly up from CNY 5,800,566,256.32 in 2021, indicating a marginal increase of about 0.8%[15] - Research and development expenses for the first three quarters of 2022 amounted to CNY 224,314,034.73, compared to CNY 149,867,850.03 in the previous year, reflecting a significant increase of approximately 49.6%[15] - Accounts receivable increased to CNY 6,589,170,955.08 as of September 30, 2022, from CNY 6,268,456,335.39 at the end of 2021, marking an increase of about 5.1%[11] - Inventory as of September 30, 2022, was CNY 2,015,730,090.27, up from CNY 1,751,095,741.04 at the end of 2021, indicating an increase of approximately 15.1%[12]