GZRS(SH:600367)2022-10-27 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥640,004,659.13, representing a year-on-year increase of 17.54%[5] - The net profit attributable to shareholders for Q3 2022 was ¥26,439,806.70, a decrease of 61.51% compared to the same period last year[5] - The basic earnings per share for Q3 2022 was ¥0.09, down 62.50% year-on-year[6] - The net profit attributable to shareholders for the year-to-date period was ¥220,445,195.48, an increase of 61.42% year-on-year[5] - The net profit attributable to the parent company increased by 61.42% year-to-date compared to the same period last year, primarily due to higher sales prices of key products such as barium carbonate and lithium carbonate[12] - The net profit attributable to the parent company, excluding non-recurring gains and losses, increased by 65.12% year-to-date compared to the same period last year[12] - Basic and diluted earnings per share increased by 61.70% year-to-date compared to the same period last year[12] - The net profit attributable to the parent company for the current reporting period decreased by 61.51% compared to the same period last year, mainly due to a decline in sales volume of key products[12] - The net profit attributable to the parent company, excluding non-recurring gains and losses, decreased by 61.82% for the current reporting period compared to the same period last year[12] - Basic and diluted earnings per share for the current reporting period decreased by 62.50% compared to the same period last year[12] - Total operating revenue for the first three quarters of 2022 reached ¥1,845,362,003.39, an increase of 26.7% compared to ¥1,455,394,571.74 in the same period of 2021[27] - Net profit for the first three quarters of 2022 was ¥242,154,239.49, representing a 47.2% increase from ¥164,519,872.45 in the same period of 2021[29] - The total comprehensive income for the third quarter of 2022 was CNY 242,154,239.49, an increase from CNY 160,569,872.45 in the same period of 2021, representing a growth of approximately 50.7%[30] Assets and Liabilities - The total assets at the end of Q3 2022 amounted to ¥2,708,520,788.48, reflecting a 15.63% increase from the end of the previous year[6] - The company's total assets as of the end of Q3 2022 amounted to ¥2,708,520,788.48, compared to ¥2,342,426,926.25 at the end of Q3 2021, reflecting a growth of 15.6%[23] - Total liabilities increased to ¥767,494,772.66 in Q3 2022, up from ¥611,677,267.63 in Q3 2021, marking a rise of 25.5%[23] - The total equity attributable to shareholders at the end of Q3 2022 was ¥1,844,705,535.54, up 12.41% from the end of the previous year[6] - The total equity attributable to shareholders reached ¥1,844,705,535.54 in Q3 2022, up from ¥1,641,048,161.31 in Q3 2021, reflecting an increase of 12.3%[23] Cash Flow - The company reported a cash flow from operating activities of ¥141,096,978.85 for the year-to-date period, a decrease of 3.47% compared to the previous year[6] - Cash inflow from operating activities for the first three quarters of 2022 was CNY 1,415,705,280.17, up from CNY 999,217,132.86 in the same period of 2021, indicating a growth of about 41.8%[33] - The net cash flow from operating activities for the first three quarters of 2022 was CNY 141,096,978.85, slightly down from CNY 146,174,012.05 in the previous year[34] - The net cash flow from investing activities for the first three quarters of 2022 was -CNY 15,195,658.16, an improvement from -CNY 31,980,741.44 in the same period of 2021[34] - Cash inflow from financing activities for the first three quarters of 2022 totaled CNY 113,700,000.00, significantly higher than CNY 40,000,000.00 in the same period of 2021[35] - The net increase in cash and cash equivalents for the first three quarters of 2022 was CNY 160,647,174.34, compared to CNY 81,930,640.53 in the same period of 2021, marking an increase of 96%[35] - The ending balance of cash and cash equivalents as of the end of the third quarter of 2022 was CNY 565,317,786.72, up from CNY 380,123,444.16 at the end of the same period in 2021[35] Investments and Expenses - The company received government subsidies totaling ¥1,840,912.93 during the reporting period, which contributed to its non-operating income[9] - The company reported a non-recurring loss from the disposal of non-current assets amounting to ¥1,560,559.01 for Q3 2022[8] - Research and development expenses for the first three quarters of 2022 were ¥4,980,636.30, significantly higher than ¥1,057,434.63 in the same period of 2021, showing an increase of 370.5%[27] - The company paid CNY 56,503,121.44 in dividends and interest during the first three quarters of 2022, compared to CNY 10,924,227.86 in the same period of 2021, reflecting an increase of 418.5%[35] Other Financial Metrics - The weighted average return on equity for Q3 2022 was 1.49%, a decrease of 3.14 percentage points compared to the previous year[6] - The company's cash and cash equivalents increased to ¥1,868,110,620.10 in Q3 2022, compared to ¥1,466,655,934.92 in Q3 2021, indicating a growth of 27.4%[21] - The company reported a decrease in investment property value to ¥6,854,798.19 in Q3 2022 from ¥7,361,308.71 in Q3 2021, a decline of 6.9%[21] - The company's financial expenses showed a significant improvement, with a net financial income of ¥14,023,651.92 in Q3 2022 compared to a financial expense of ¥2,136,521.95 in Q3 2021[27] - Accounts receivable increased to approximately RMB 325.21 million from RMB 270.70 million at the end of 2021[19] - Inventory increased to approximately RMB 668.88 million from RMB 436.95 million at the end of 2021[19] - The company plans to participate in the auction for 75% equity of Qingdao Hongdie New Materials Co., Ltd., with a transaction deposit of RMB 30 million submitted[16]