Hongfa(SH:600885)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 reached ¥3,089,671,880, representing an 18.06% increase compared to the same period last year[4] - Net profit attributable to shareholders of the listed company was ¥347,590,398.5, marking a 15.66% increase year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥390,459,485.19, which is a 42.40% increase compared to the previous year[5] - Basic earnings per share for the quarter were ¥0.3334, a 15.68% increase from the same period last year[5] - Total operating revenue for the first three quarters of 2022 reached ¥8,959,012,675.98, an increase of 18.5% compared to ¥7,564,444,263.75 in the same period of 2021[19] - Net profit attributable to shareholders of the parent company for Q3 2022 was ¥968,328,610.15, up 18% from ¥820,833,743.61 in Q3 2021[20] - The total comprehensive income for Q3 2022 was ¥1,327,790,654.76, compared to ¥1,096,140,325.08 in Q3 2021, indicating an increase of 21%[21] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥1,345,290,734.56, reflecting a 45.59% increase year-on-year[5] - The cash inflow from operating activities for the first three quarters of 2022 was CNY 8,982,856,155.89, an increase of 24% compared to CNY 7,254,053,217.18 in the same period of 2021[23] - The net cash flow from operating activities for the first three quarters of 2022 was CNY 1,345,290,734.56, up from CNY 924,016,870.95 in the previous year, representing a growth of approximately 45.5%[23] - The cash inflow from financing activities totaled CNY 1,013,501,269.70, significantly higher than CNY 395,545,333.40 in the previous year, marking an increase of approximately 156.1%[24] - The net cash flow from financing activities was CNY 441,592,620.44, a turnaround from -CNY 380,128,402.82 in the same period last year[24] - The cash and cash equivalents at the end of the period amounted to CNY 2,412,234,571.53, compared to CNY 882,636,392.67 at the end of the previous year, reflecting a substantial increase[24] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥16,216,808,929.28, an 18.66% increase compared to the end of the previous year[5] - The company's current assets totaled approximately ¥10.06 billion, up from ¥8.31 billion, indicating a growth of around 21.0% year-over-year[16] - The total liabilities increased to ¥6,528,313,854.13 in Q3 2022, compared to ¥4,929,518,872.69 in Q3 2021, reflecting a growth of 32.4%[18] - The company's total equity reached ¥9,688,495,075.15 in Q3 2022, compared to ¥8,736,804,642.41 in Q3 2021, marking an increase of 10.9%[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 22,413[10] - The largest shareholder, Youge Venture Capital Co., Ltd., held 27.35% of the shares, amounting to 285,154,494 shares[10] Research and Development - Research and development expenses for the first three quarters of 2022 were ¥401,723,051.17, up 18.6% from ¥338,817,388.17 in the same period of 2021[19] Operating Costs - The company's total operating costs for the first three quarters of 2022 were ¥7,390,291,642.78, an increase of 16.1% from ¥6,364,640,773.87 in the same period of 2021[19] Inventory and Receivables - Accounts receivable rose to approximately ¥3.44 billion, compared to ¥2.55 billion in the previous year, marking an increase of approximately 34.8%[16] - Inventory levels stood at approximately ¥2.60 billion, up from ¥2.50 billion, showing a growth of about 4.0%[16] - The company reported a significant increase in other receivables, which rose to approximately ¥72.75 million from ¥46.38 million, indicating a growth of about 56.9%[16] Employee Compensation - The total cash outflow for employee compensation was CNY 1,768,017,201.49, an increase from CNY 1,520,891,068.23 in the previous year, representing a rise of about 16.3%[23] Related Party Transactions - The company has no reported related party transactions among its major shareholders, ensuring transparency in its financial dealings[12]