SFX(SH:600370)2022-10-28 16:00Financial Performance - The company's revenue for Q3 2022 reached ¥6,094,842,173.64, representing a year-on-year increase of 29.97%[6] - Net profit attributable to shareholders was ¥205,879,251.18, up 58.33% compared to the same period last year[6] - The net profit after deducting non-recurring gains and losses was ¥200,464,699.45, reflecting a 47.19% increase year-on-year[6] - Basic earnings per share for the quarter were ¥0.0528, an increase of 54.84% from the previous year[10] - Total operating revenue for the first three quarters of 2022 reached ¥16,550,255,385.36, an increase of 19.3% compared to ¥13,868,597,463.28 in the same period of 2021[25] - Net profit for the first three quarters of 2022 was ¥760,769,959.97, compared to ¥435,911,495.61 in 2021, representing a significant increase of 74.4%[29] - Earnings per share for the first three quarters of 2022 were ¥0.1953, up from ¥0.1159 in the same period of 2021, indicating a growth of 68.3%[31] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥13,963,739,218.94, a 20.57% increase from the end of the previous year[10] - The company's current assets amounted to CNY 8.27 billion, up from CNY 6.45 billion in the previous year, indicating a year-over-year increase of approximately 28%[20] - Total liabilities as of the end of the reporting period were ¥7,260,363,092.67, an increase from ¥5,069,257,050.78 in the previous year, reflecting a growth of 43.3%[25] - Total current liabilities increased to CNY 6.55 billion from CNY 4.56 billion, reflecting a growth of approximately 43.7%[23] - Non-current assets totaled CNY 5.69 billion, an increase from CNY 5.13 billion, representing a growth of approximately 10.9%[23] Cash Flow - The company reported a net cash flow from operating activities of ¥1,263,309,330.65 for the year-to-date period[6] - Net cash flow from operating activities reached ¥1,263,309,330.65, a significant improvement from a negative cash flow of ¥-527,182,498.83 in the previous period[36] - Cash received from sales of goods and services in the first three quarters of 2022 amounted to ¥19,519,779,784.58, compared to ¥13,854,712,444.48 in 2021, marking an increase of 40.5%[33] - The net increase in cash and cash equivalents was ¥1,035,482,713.73, contrasting with a net decrease of ¥-1,918,702,917.63 in the previous year[37] Shareholder Equity - The equity attributable to shareholders increased to ¥6,703,376,126.27, showing a growth of 2.93% year-on-year[10] - Total equity attributable to shareholders reached ¥6,703,376,126.27, compared to ¥6,512,397,765.69 in 2021, showing an increase of 2.9%[25] Operational Highlights - The increase in net profit was primarily driven by strong downstream orders and higher sales prices for the main product, bottle-grade polyester chips[13] - The company received government subsidies amounting to ¥3,504,037.77 during the quarter, contributing to its financial performance[12] Financial Expenses and Income - The company reported a financial expense of ¥149,238,795.24 for the first three quarters of 2022, compared to a financial income of -¥3,300,261.78 in 2021, indicating a significant shift in financial performance[29] - Other comprehensive income after tax for the first three quarters of 2022 was ¥1,619,703.89, compared to -¥52,331.32 in the same period of 2021, reflecting a positive change[31] - The company’s deferred income tax liabilities decreased from ¥8,339,634.90 to ¥3,644,575.68, indicating a reduction of 56.3%[25] Inventory and Receivables - Accounts receivable decreased to CNY 1.60 billion from CNY 1.94 billion, showing a decline of about 17.5%[20] - Inventory levels rose to CNY 2.93 billion, compared to CNY 2.15 billion in the previous year, marking an increase of approximately 36%[20]