三友化工(600409) - 2022 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2022 was ¥5,859,002,880.31, a decrease of 3.46% compared to the same period last year[7]. - The net profit attributable to shareholders for Q3 2022 was ¥220,443,293.71, down 37.95% year-on-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2022 was ¥202,351,804.41, a decrease of 43.42% compared to the same period last year[7]. - The basic earnings per share for Q3 2022 was ¥0.1067, reflecting a decline of 38.00% year-on-year[9]. - The diluted earnings per share for Q3 2022 was also ¥0.1067, down 38.00% from the previous year[9]. - The weighted average return on equity for Q3 2022 was 1.68%, a decrease of 1.17 percentage points year-on-year[9]. - Total operating revenue for the first three quarters of 2022 reached ¥18,113,871,473.53, an increase of 4.9% compared to ¥17,264,613,794.43 in the same period of 2021[25]. - Net profit for the third quarter of 2022 was ¥1,205,422,199.78, a decrease of 26.4% from ¥1,636,281,873.48 in the same quarter of 2021[29]. - Earnings per share for the third quarter of 2022 were ¥0.4603, down from ¥0.7374 in the same quarter of 2021, representing a decline of 37.6%[31]. - The company reported a total profit of ¥1,332,716,398.00 for the first three quarters of 2022, up 118.0% from ¥609,013,555.48 in 2021[45]. Cash Flow and Assets - The net cash flow from operating activities for the year-to-date was ¥2,497,847,339.48, an increase of 144.30% year-on-year[9]. - The company's cash and cash equivalents reached CNY 5,753,666,345.63, compared to CNY 3,038,704,974.64 in the previous year, reflecting a growth of approximately 89.5%[19]. - The net cash flow from operating activities was 2,497,847,339.48 RMB, a significant increase from 1,022,444,690.76 RMB in the previous year, reflecting a growth of approximately 144.3%[36]. - The cash inflow from financing activities totaled 4,229,674,580.55 RMB, compared to 3,423,611,558.46 RMB in the previous year, representing an increase of about 23.6%[36]. - The cash and cash equivalents at the end of the third quarter of 2022 amounted to ¥2,111,554,227.04, a substantial increase from ¥775,670,652.50 at the end of the same period in 2021[48]. Liabilities and Equity - Total liabilities increased to ¥13,689,450,454.06 in 2022 from ¥12,219,123,372.62 in 2021, marking a rise of 12.0%[25]. - The total current liabilities rose to CNY 7,791,198,881.87 from CNY 7,418,352,150.20, marking an increase of approximately 5%[23]. - Long-term borrowings increased significantly to CNY 2,421,678,158.97 from CNY 1,696,848,287.12, reflecting a growth of about 42.7%[23]. - The company's total equity increased to 8,605,783,501.41 RMB from 7,964,888,104.02 RMB, reflecting a growth of approximately 8.0%[43]. - Total equity attributable to shareholders reached ¥13,252,561,669.06, up from ¥12,802,687,532.56 in 2021, reflecting a growth of 3.5%[25]. Operational Challenges - The company experienced significant market fluctuations affecting its operating performance, particularly in the sales of its main products[12]. - The company reported a decrease in net profit due to rising costs of raw materials and market supply constraints[12]. - The report indicates that there are no significant changes in the company's operational strategies or market expansion plans during the reporting period[16]. Research and Development - Research and development expenses for the third quarter of 2022 were ¥167,059,714.59, compared to ¥158,544,175.25 in the same quarter of 2021, showing an increase of 5.7%[29]. - Research and development expenses increased to ¥41,244,734.83 in 2022, up 68.0% from ¥24,460,845.54 in 2021, indicating a focus on innovation[45].