NBYS(SH:600366)2022-10-30 16:00Financial Performance - The company's operating revenue for Q3 2022 was CNY 1,795,955,256.39, representing an increase of 80.72% compared to the same period last year[7]. - The net profit attributable to shareholders for Q3 2022 was CNY 91,171,125.10, a decrease of 32.72% year-on-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 102,621,876.85, an increase of 25.48% year-on-year[7]. - The basic earnings per share for Q3 2022 was CNY 0.0932, down 29.77% from the same period last year[10]. - The company achieved a revenue of RMB 5.002 billion from January to the end of the reporting period, representing a 92.52% increase year-over-year[22]. - The net profit attributable to shareholders, excluding non-recurring gains and losses, was RMB 370 million, up 38.72% compared to the same period last year[22]. - Net profit for the third quarter of 2022 was ¥332,014,508.42, a decrease from ¥369,559,452.27 in the same quarter of 2021, reflecting a decline of approximately 10.1%[38]. - The total comprehensive income attributable to the parent company was CNY 334,743,490.36, a decrease of 10.4% compared to CNY 373,708,932.09 in the previous year[40]. Revenue Breakdown - The company experienced a 92.52% increase in operating revenue year-to-date, driven by higher sales of neodymium-iron-boron permanent magnet materials[14]. - Sales revenue from neodymium-iron-boron permanent magnetic materials for electric vehicle applications reached RMB 1.045 billion, a 245% increase year-over-year, capturing approximately 23.6% market share in the domestic new energy passenger vehicle market[22]. - Revenue from neodymium-iron-boron permanent magnetic materials for consumer electronics applications was RMB 1.448 billion, reflecting a 46% year-over-year growth[22]. - Revenue from neodymium-iron-boron permanent magnetic materials for industrial and other applications totaled RMB 1.672 billion, a 56% increase year-over-year[22]. Assets and Liabilities - The total assets at the end of Q3 2022 amounted to CNY 8,430,327,785.32, reflecting a growth of 15.75% compared to the end of the previous year[10]. - As of September 30, 2022, the company's total assets amounted to RMB 8.430 billion, an increase from RMB 7.284 billion at the end of 2021[29]. - The company's total liabilities as of the end of the reporting period were ¥3,292,017,197.09, compared to ¥2,418,129,840.18 in the previous year, representing an increase of approximately 36.1%[31]. - The total equity attributable to shareholders of the parent company was ¥5,128,628,908.48, up from ¥4,856,346,304.11 in the previous year, indicating a growth of about 5.6%[31]. Cash Flow - The company reported a net cash flow from operating activities of CNY -984,918,275.80 for the year-to-date period[10]. - Net cash flow from operating activities was negative at CNY -984,918,275.80, compared to CNY -701,728,906.29 in the same period last year, indicating a worsening cash flow situation[44]. - Cash inflow from operating activities totaled CNY 3,668,106,806.68, up 69.2% from CNY 2,168,174,911.39 year-over-year[44]. - Cash outflow from operating activities increased to CNY 4,653,025,082.48, a rise of 62.1% compared to CNY 2,869,903,817.68 in the previous year[44]. - The ending balance of cash and cash equivalents was CNY 589,625,252.69, up from CNY 293,600,720.33, reflecting a growth of 100.5% year-over-year[46]. - The company reported a net increase in cash and cash equivalents of CNY 316,847,245.23, compared to CNY 97,578,671.95 in the previous year, indicating improved liquidity[44]. Research and Development - Research and development expenses increased by 84.60% year-on-year, indicating a significant investment in innovation[14]. - Research and development expenses for the third quarter of 2022 totaled ¥310,408,404.86, up from ¥168,149,979.79 in the previous year, marking an increase of about 84.5%[34]. Production Capacity - The company has completed the expansion of production capacity for grain boundary diffusion neodymium-iron-boron permanent magnetic materials, achieving an annual processing capacity of 10,000 tons by the end of September[22]. - The intelligent manufacturing project for high-performance rare earth permanent magnetic materials at Baotou Yunsheng Technology Development Co., Ltd. is progressing as planned, with an annual production capacity of 15,000 tons[22].