博汇纸业(600966) - 2022 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2022 was ¥4,976,779,864.88, representing a year-on-year increase of 26.56%[7] - The net profit attributable to shareholders for Q3 2022 was ¥180,215,381.71, a decrease of 55.24% compared to the same period last year[7] - The basic earnings per share for Q3 2022 was ¥0.1404, down 54.10% year-on-year[10] - The net profit attributable to shareholders for the year-to-date period was ¥612,682,149.26, down 68.04% compared to the same period last year[7] - Total operating revenue for the first three quarters of 2022 reached ¥13.85 billion, a 15.98% increase from ¥11.94 billion in the same period of 2021[36] - Net profit attributable to shareholders of the parent company was ¥612.68 million, a significant decrease of 68.15% compared to ¥1.92 billion in the previous year[38] - The company reported a total comprehensive income of ¥616.70 million, a decrease of 67.83% compared to ¥1.92 billion in the same period last year[38] - Basic and diluted earnings per share were both ¥0.4775, down from ¥1.4442 in the previous year[38] Assets and Liabilities - The total assets at the end of Q3 2022 amounted to ¥23,519,136,097.18, an increase of 18.11% compared to the end of the previous year[10] - As of September 30, 2022, total current assets increased to RMB 10,384,889,990.74, up from RMB 7,309,913,538.80 at the end of 2021, representing an increase of approximately 42.5%[26] - Total assets reached RMB 23,519,136,097.18, compared to RMB 19,913,559,476.58 at the end of 2021, indicating a growth of about 18.5%[32] - Current liabilities totaled RMB 13,316,692,771.77, an increase from RMB 10,202,154,869.07 in the previous year, reflecting a rise of approximately 30.7%[32] - Long-term borrowings increased to RMB 2,461,289,835.52 from RMB 1,595,899,056.99, marking a growth of about 54.1%[32] - The company's total equity attributable to shareholders decreased to RMB 6,900,786,153.98 from RMB 7,266,546,336.80, a decline of about 5.0%[32] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥987,140,529.01, a decrease of 62.25% compared to the same period last year[7] - Cash flow from operating activities generated ¥987.14 million, down 62.32% from ¥2.62 billion in the previous year[42] - The net cash flow from investing activities was -$513.46 million, compared to -$63.88 million in the previous period[44] - The total cash inflow from financing activities was $10.68 billion, an increase from $7.25 billion year-over-year[44] - The net cash flow from financing activities was -$105.40 million, improving from -$2.10 billion in the previous period[44] - The cash and cash equivalents at the end of the period totaled $977.63 million, up from $796.13 million year-over-year[44] - The company received $4.86 billion in borrowings, compared to $3.75 billion in the previous period[44] - The cash outflow for financing activities was $10.79 billion, compared to $9.35 billion in the previous period[44] - The cash flow from operating activities was not detailed but is implied to be positive given the net increase in cash[44] Costs and Expenses - Total operating costs increased to ¥12.97 billion, up 37.56% from ¥9.39 billion year-over-year[36] - Research and development expenses rose to ¥465 million, an increase of 22.73% from ¥379 million in the same period last year[36] - The company paid ¥1.65 billion in taxes, an increase from ¥1.11 billion in the previous year[42] Shareholder Actions - The company completed a share buyback of 100,030,021 shares, accounting for 7.48% of the total share capital, with a total expenditure of approximately RMB 1 billion[25] - The company plans to raise up to RMB 500 million through a non-public offering of shares, representing 30% of the total share capital prior to the offering[23] - The company distributed $580.30 million in dividends and interest payments, up from $317.51 million year-over-year[44] Market and Operational Factors - The company reported a significant increase in raw material prices compared to the same period last year, impacting profitability[11] - The company is investing RMB 3.833 billion to construct a project with an annual production capacity of 1 million tons of high-end packaging paperboard[23] - The company recorded a loss in investment income of ¥37.53 million, compared to a gain of ¥7.84 million in the same period last year[36] - Sales revenue from goods and services received cash of ¥11.49 billion, a decrease from ¥12.29 billion in the previous year[42] - The impact of exchange rate changes on cash and cash equivalents was $14.55 million, compared to -$2.35 million in the previous period[44]