方大特钢(600507) - 2022 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2022 was CNY 4,854,140,327.83, a decrease of 20.74% compared to the same period last year[4]. - The net profit attributable to shareholders for Q3 2022 was CNY 159,270,604.44, down 76.03% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2022 was CNY 132,306,340.59, a decline of 80.09% compared to the previous year[4]. - The basic and diluted earnings per share for Q3 2022 were CNY 0.066, representing a decrease of 78.71% year-on-year[10]. - Total operating revenue for the first three quarters of 2022 reached CNY 18,160,630,313, an increase of 13.3% compared to CNY 15,991,493,950.53 in the same period of 2021[25]. - Operating profit for the first three quarters of 2022 was CNY 1,379,189,685.56, a decrease of 52.3% from CNY 2,893,171,872.71 in the previous year[25]. - Net profit attributable to shareholders of the parent company for the first three quarters of 2022 was CNY 1,086,131,299.97, down 49.3% from CNY 2,141,472,322.48 in the same period of 2021[27]. - Basic earnings per share for the first three quarters of 2022 were CNY 0.486, compared to CNY 0.993 in the previous year[27]. - The total comprehensive income for the first three quarters of 2022 was CNY 1,072,809,012.93, a decrease of 50.7% from CNY 2,175,072,429.58 in the same period of 2021[27]. Assets and Liabilities - Total assets at the end of Q3 2022 were CNY 23,262,246,525.93, an increase of 15.69% from the end of the previous year[6]. - The equity attributable to shareholders at the end of Q3 2022 was CNY 7,972,537,232.00, a decrease of 15.79% compared to the end of the previous year[6]. - Total liabilities as of the end of the third quarter of 2022 amounted to CNY 14,980,500,096.57, an increase from CNY 10,302,102,300.35 at the end of the previous year[25]. - The company's long-term equity investments surged to RMB 4.08 billion from RMB 40.43 million, indicating a significant increase[21]. - The company reported a total of RMB 1.21 billion in long-term borrowings as of September 30, 2022, reflecting a new financial strategy[21]. Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 2,170,611,440.99, down 36.87% year-on-year[4]. - Cash flow from operating activities for the first three quarters of 2022 was CNY 20,749,284,064.75, compared to CNY 14,848,378,317.37 in the same period of 2021, reflecting a growth of 39.5%[29]. - The net cash flow from operating activities was CNY 2,170,611,440.99, a decrease of 36.9% compared to CNY 3,438,350,017.13 in the previous period[31]. - Total cash outflow from operating activities amounted to CNY 18,578,672,623.76, up 62.8% from CNY 11,410,028,300.24[31]. - The net cash flow from investing activities was -CNY 3,553,870,067.28, compared to -CNY 76,988,030.97 in the previous period[31]. - Cash inflow from financing activities totaled CNY 6,531,522,355.55, an increase of 28.0% from CNY 5,099,825,000.00[31]. - The net cash flow from financing activities was CNY 886,274,983.96, down 46.5% from CNY 1,657,552,199.46[31]. - The ending balance of cash and cash equivalents was CNY 7,396,746,758.82, a decrease from CNY 11,055,185,174.41 in the previous period[31]. Shareholder Information - The company had a total of 118,082 common shareholders at the end of the reporting period[11]. Inventory and Receivables - The company's inventory decreased to RMB 1.41 billion from RMB 1.48 billion, showing a decline of approximately 4.88% year-over-year[19]. - The accounts receivable increased to RMB 381.37 million from RMB 280.82 million, marking a growth of about 35.87%[19]. Research and Development - Research and development expenses for the first three quarters of 2022 were CNY 31,409,478.20, down from CNY 45,592,502.05 in the previous year[25]. Other Developments - The company established a wholly-owned subsidiary, Nanchang Fangda Special Steel Research Center Co., Ltd., with a registered capital of RMB 320 million on July 1, 2022[15]. - On July 28, 2022, the company signed a land reserve contract with Nanchang Land Reserve Center for a total acquisition price of RMB 184.76 million, with the first payment of RMB 92.38 million already received[15]. - The company also set up another wholly-owned subsidiary, Ningbo Changli International Trade Co., Ltd., with a registered capital of RMB 30 million on August 16, 2022[16].