FARATRONIC(SH:600563)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥1,053,373,215.93, representing a year-on-year increase of 42.71%[4] - The net profit attributable to shareholders for Q3 2022 was ¥259,385,955.74, an increase of 38.11% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2022 was ¥267,821,878.17, up 49.46% year-on-year[4] - The basic earnings per share for Q3 2022 was ¥1.15, marking a 38.55% increase year-on-year[4] - The diluted earnings per share for Q3 2022 was also ¥1.15, with a year-on-year increase of 38.55%[4] - The weighted average return on equity for Q3 2022 was 7.13%, an increase of 0.99 percentage points compared to the same period last year[4] - Total operating revenue for the first three quarters of 2022 reached ¥2,816,633,000.39, a 39.4% increase from ¥2,020,874,216.08 in the same period of 2021[20] - Net profit for the first three quarters of 2022 was ¥702,445,386.58, representing a 25.5% increase compared to ¥559,474,522.28 in 2021[21] - Basic earnings per share for the first three quarters of 2022 were ¥3.07, up from ¥2.45 in the same period of 2021[21] - The total profit for the first three quarters of 2022 was ¥819,624,359.14, compared to ¥659,005,214.85 in the same period of 2021[21] Assets and Liabilities - The total assets at the end of Q3 2022 amounted to ¥5,443,826,939.10, reflecting a growth of 17.28% from the end of the previous year[5] - The equity attributable to shareholders at the end of Q3 2022 was ¥3,765,303,149.98, which is a 9.66% increase compared to the end of the previous year[5] - The company's total assets reached RMB 5,443,826,939.10, an increase from RMB 4,641,578,779.73 at the end of 2021, representing a growth of approximately 17.3%[16] - Total liabilities increased to RMB 1,619,653,201.97 from RMB 1,148,063,131.18, which is an increase of approximately 41.1%[18] - The company's equity attributable to shareholders reached RMB 3,765,303,149.98, up from RMB 3,433,659,176.19, representing a growth of about 9.7%[18] - The company's non-current assets totaled RMB 1,461,752,076.59, an increase from RMB 1,090,201,484.11, indicating a growth of about 34.0%[17] Cash Flow - The company reported a net cash flow from operating activities of ¥593,656,374.80 for the year-to-date, which is a 4.00% increase compared to the same period last year[4] - Cash flow from operating activities generated ¥593,656,374.80, slightly up from ¥570,850,260.55 in the previous year[23] - The net cash flow from investment activities was $29,809,507.02, a significant improvement from a negative cash flow of $242,199,921.15 in the previous year[24] - Total cash and cash equivalents at the end of the period reached $1,041,498,343.35, up from $788,031,565.79 year-over-year[24] - The cash outflow from financing activities totaled $370,126,688.88, compared to $292,561,852.21 in the same period last year[24] - The net increase in cash and cash equivalents for the quarter was $255,448,579.31, compared to $35,275,122.65 in the previous year[24] Investments and Expenses - The growth in revenue is attributed to the continuous expansion in the photovoltaic, industrial control, and new energy vehicle markets[9] - Investment activities generated cash inflow of ¥3,024,168,333.52, significantly higher than ¥1,310,771,619.85 in the same period of 2021[23] - Research and development expenses increased to ¥94,777,233.61, compared to ¥78,500,951.81 in the previous year, reflecting a focus on innovation[20] - The company reported a significant increase in investment income to ¥53,895,446.29, up from ¥28,644,185.48 year-over-year[20] - The total cash outflow from investment activities was $2,994,358,826.50, an increase from $1,552,971,541.00 year-over-year[24] - The company reported a significant increase in investment payments, totaling $2,578,000,000.00, compared to $1,319,645,887.90 in the previous year[24] Other Financial Metrics - The company's cash and cash equivalents amounted to RMB 1,041,498,343.35, up from RMB 786,049,764.04 in the previous year, indicating a year-over-year increase of about 32.4%[16] - Accounts receivable increased to RMB 1,175,924,568.03 from RMB 875,537,329.26, reflecting a growth of approximately 34.4%[16] - Inventory levels rose to RMB 725,530,726.04, compared to RMB 588,012,208.31 in the previous year, marking an increase of around 23.4%[16] - The company’s retained earnings increased to RMB 3,121,961,731.69 from RMB 2,790,530,459.90, showing a growth of approximately 11.9%[18] - The company’s total current assets reached RMB 3,982,074,862.51, compared to RMB 3,551,377,295.62 in the previous year, reflecting an increase of about 12.1%[16] - Other comprehensive income after tax amounted to ¥212,702.00, a recovery from a loss of ¥217,722.81 in the previous year[21] - Total operating costs increased to ¥1,973,990,433.32, up 42% from ¥1,390,982,545.47 year-over-year[20] - The impact of exchange rate changes on cash and cash equivalents was $2,109,386.37, compared to a negative impact of $813,364.54 in the previous year[24]