宏达股份(600331) - 2022 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2022 was ¥416,437,632.23, a decrease of 43.35% compared to the same period last year[7] - The net profit attributable to shareholders was a loss of ¥18,812,386.58, representing a decline of 126.68% year-on-year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥58,277,707.91, down 225.74% from the previous year[7] - The basic earnings per share for the quarter was -¥0.0093, a decrease of 126.80% compared to the same period last year[9] - The weighted average return on equity was -4.12%, a decrease of 26.99 percentage points year-on-year[9] - Net profit for the third quarter of 2022 was CNY 95,828,621.71, a significant decrease of 67.32% compared to CNY 293,509,615.77 in the same quarter of 2021[40] - The company reported a comprehensive income total of CNY 96,014,632.59 for the third quarter of 2022, down from CNY 293,504,756.09 in the previous year[43] - Basic earnings per share for the third quarter of 2022 were CNY 0.0471, compared to CNY 0.1444 in the same period of 2021, indicating a decline of 67.32%[43] Production and Sales - The company reported a total of 6,902.43 tons of zinc ingots produced in Q3 2022, a year-on-year decrease of 49.40%[15] - The sales volume of zinc ingots in Q3 2022 was 7,177.10 tons, down 47.97% compared to the same period last year[15] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,352,139,109.58, an increase of 4.03% from the end of the previous year[9] - The total liabilities of the company as of the end of the reporting period were CNY 1,903,093,001.95, slightly down from CNY 1,912,041,534.57 in the previous year[36] - The total equity attributable to shareholders of the parent company increased to CNY 448,673,925.74 from CNY 348,757,383.90, reflecting a growth of 28.63%[36] - The company has frozen assets including ¥54,917,887.93 in bank deposits and properties valued at ¥48,786,606.98, impacting its operational flexibility[24] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥266,078,395.11, an increase of 349.56% compared to the previous year[7] - The net cash flow from operating activities increased by 349.56% compared to the same period last year, mainly due to an increase in the collection of bank acceptance bills[18] - Operating cash inflow totaled CNY 1,911,356,427.27, an increase from CNY 1,712,797,183.42 year-over-year[46] - Net cash outflow from operating activities was CNY 1,645,278,032.16, slightly down from CNY 1,653,610,189.44 in the previous period[46] - The ending cash and cash equivalents balance was CNY 271,006,037.06, up from CNY 172,958,266.98 year-over-year[48] - The company reported a net increase in cash and cash equivalents of CNY 73,188,895.98, contrasting with a decrease of CNY 6,495,683.07 in the previous period[48] Investments and Shareholder Information - Long-term equity investments increased by 42.86% compared to the end of last year, primarily due to increased compensation payments to the associated company Tibet Hongda Duolong Mining Co., Ltd.[16] - The total number of ordinary shareholders at the end of the reporting period was 119,443[19] - The largest shareholder, Sichuan Hongda Industrial Co., Ltd., holds 536,237,405 shares, accounting for 26.39% of total shares[19] - The company reported a net investment income of CNY 33,791,308.08 for the third quarter of 2022, compared to CNY 544,398.36 in the same period of 2021, indicating a substantial increase[40] Operational Challenges - The company lost control over its former subsidiary Jianchuan Yiyun Company, which is no longer included in the consolidated financial statements[16] - The company has lost control over its wholly-owned subsidiary, Jianchuan Yiyun, which has been in bankruptcy proceedings since August 2022, resulting in an investment income of ¥33,791,308.08 recognized in the consolidated financial statements[25] - The company is actively communicating with Jinding Zinc Industry and local authorities to resolve the frozen asset situation and ensure normal business operations[24]