BAOTI(SH:600456)2022-10-25 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥1,721,171,038.43, a decrease of 3.04% compared to the same period last year[7]. - The net profit attributable to shareholders for Q3 2022 was ¥151,492,366.95, down 21.60% year-on-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥139,378,934.16, a decrease of 24.07% compared to the same period last year[7]. - The basic earnings per share for Q3 2022 was ¥0.3171, reflecting a decline of 21.61% year-on-year[10]. - The weighted average return on equity for Q3 2022 was 2.4973%, a decrease of 0.8046 percentage points compared to the same period last year[10]. - The net profit for the third quarter of 2022 was CNY 593.70 million, an increase of 15.2% compared to CNY 515.30 million in the same period of 2021[33]. - Operating profit reached CNY 662.42 million, up from CNY 577.44 million, reflecting a growth of 14.7% year-over-year[33]. - The company’s total profit for the quarter was CNY 668.82 million, an increase of 14.4% from CNY 584.52 million in the previous year[33]. - The company’s total comprehensive income attributable to shareholders was CNY 509.42 million, compared to CNY 471.23 million in the same period last year, reflecting a growth of 8.1%[33]. Assets and Liabilities - Total assets at the end of Q3 2022 reached ¥14,398,940,922.55, an increase of 22.47% compared to the end of the previous year[10]. - The total assets of the company reached ¥14,398,940,922.55, compared to ¥11,756,706,145.91 at the end of 2021, reflecting a growth of 22.3%[27]. - Total liabilities increased to ¥7,737,539,694.96 from ¥5,274,173,133.87, representing a rise of 46.8%[27]. - The total equity attributable to shareholders at the end of Q3 2022 was ¥6,142,049,316.86, reflecting a slight increase of 1.72% compared to the end of the previous year[10]. Cash Flow - The company reported a net cash flow from operating activities of ¥117,478,971.08 for the year-to-date, an increase of 163.07% compared to the same period last year[10]. - Cash flow from operating activities generated a net amount of CNY 117.48 million, a significant recovery from a negative cash flow of CNY -186.25 million in the previous year[37]. - The cash inflow from financing activities was CNY 3.19 billion, while cash outflow was CNY 1.80 billion, resulting in a net cash flow of CNY 1.39 billion from financing activities[39]. - The company recorded a decrease in other cash received related to operating activities, totaling CNY 114.06 million, down from CNY 203.79 million in the previous year[37]. Revenue and Costs - Total revenue for the first three quarters of 2022 reached ¥5,098,887,886.32, an increase of 10.45% compared to ¥4,615,516,350.99 in the same period of 2021[31]. - Total operating costs for the first three quarters of 2022 were ¥4,358,034,236.62, up from ¥3,995,749,272.70 in 2021, reflecting a year-on-year increase of 9.06%[31]. - Total revenue from sales of goods and services was CNY 4.49 billion, compared to CNY 3.03 billion in the same period last year, marking an increase of 48.5%[37]. Production and Inventory - Titanium product production for the first nine months was 24,688.09 tons, an increase of 24.27% year-on-year, while sales volume was 24,307.97 tons, up 24.24% year-on-year[18]. - Inventory as of September 30, 2022, was ¥3,332,046,693.49, up from ¥2,995,876,766.78, indicating an increase of 11.2%[22]. Research and Development - Research and development expenses for the first three quarters of 2022 were ¥121,632,356.21, compared to ¥99,191,868.66 in the same period of 2021, showing a growth of 22.7%[31]. - The company plans to continue expanding its market presence and investing in new technologies to enhance its competitive edge[31]. Cash and Equivalents - The company's cash and cash equivalents as of September 30, 2022, amounted to ¥2,916,474,061.09, compared to ¥1,635,038,120.47 at the end of 2021, representing a growth of 78.5%[22]. - The company reported a total cash and cash equivalents balance of CNY 2.66 billion at the end of the period, up from CNY 1.68 billion at the end of the previous year[39]. Accounts Receivable - Accounts receivable increased to ¥2,768,378,478.67 from ¥1,487,742,861.81, marking an increase of 86.2% year-on-year[22].