MYL(SH:600993)2022-10-25 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥857,326,999.59, a decrease of 0.52% compared to the same period last year[5] - Net profit attributable to shareholders was ¥144,120,820.37, an increase of 27.59% year-on-year[5] - The net profit excluding non-recurring gains and losses was ¥140,319,142.93, reflecting a 17.99% increase compared to the previous year[5] - Total operating revenue for the first three quarters of 2022 reached ¥2,785,082,784.85, an increase of 10.03% compared to ¥2,530,273,255.78 in the same period of 2021[32] - Operating profit for the first three quarters of 2022 was ¥483,726,526.66, up from ¥430,922,480.66 in 2021, reflecting a growth of 12.2%[32] - Net profit attributable to shareholders of the parent company for the first three quarters of 2022 was ¥416,054,108.62, compared to ¥367,748,167.04 in 2021, representing a year-on-year increase of 13.0%[32] - Total comprehensive income for the first three quarters of 2022 was ¥416,759,576.33, compared to ¥375,676,576.61 in 2021, reflecting a growth of 10.9%[35] - The net profit for the first three quarters of 2022 was ¥448,559,710.37, representing a growth of 23.6% from ¥363,132,704.67 in the previous year[52] Assets and Liabilities - The total assets at the end of the reporting period reached ¥4,900,547,534.03, an increase of 18.75% from the end of the previous year[9] - As of September 30, 2022, the company's total current assets amounted to RMB 4,041,357,501.94, an increase from RMB 3,361,188,401.90 at the end of 2021[23] - The company's total liabilities reached RMB 1,338,570,911.03, compared to RMB 812,721,320.88 at the end of 2021, indicating an increase of about 64.5%[28] - The total assets increased to ¥5,076,457,384.77 as of September 30, 2022, compared to ¥3,732,476,300.50 at the end of 2021, representing a growth of approximately 36%[50] - The total liabilities increased to ¥1,557,230,797.54 from ¥479,848,467.26, marking an increase of approximately 226%[47] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 47,484[14] - The largest shareholder, China Baoan Group Co., Ltd., held 29.27% of the shares, amounting to 126,163,313 shares[14] Cash Flow - Cash flow from operating activities for the year-to-date was ¥256,136,797.86, an increase of 35.83% year-on-year[5] - Cash flow from operating activities for the first three quarters of 2022 was ¥256,136,797.86, compared to ¥188,576,139.37 in 2021, indicating an increase of 36.0%[38] - The net cash flow from operating activities was ¥593,446,826.38, significantly higher than ¥325,796,351.65 in the first three quarters of 2021[58] - The net cash flow from financing activities was ¥191,921,804.40, a significant improvement from a negative cash flow of ¥143,310,704.14 in the previous period[40] Research and Development - Research and development expenses increased to ¥59,009,294.92 in the first three quarters of 2022, up from ¥47,240,382.63 in 2021, marking a rise of 24.9%[32] - Research and development expenses increased to ¥49,180,914.05, up 14% from ¥43,156,750.50 in the same period last year[52] Inventory and Receivables - Accounts receivable increased to RMB 317,746,759.66 from RMB 123,437,725.21, showing a significant growth of approximately 156.5%[23] - The inventory level increased to ¥140,743,370.42 from ¥106,582,252.98, representing a growth of approximately 32%[44] - The accounts receivable increased to ¥118,366,759.63 from ¥74,872,063.71, showing a rise of about 58%[44] Financial Expenses - The company’s financial expenses for the first three quarters of 2022 were reported at -¥36,777,944.32, compared to -¥25,471,766.45 in 2021, indicating an increase in financial costs[32] - The company’s financial expenses showed a net income of -¥33,782,960.29, which is an increase in costs compared to -¥27,297,083.03 in the previous year[52] Cash and Cash Equivalents - The company's cash and cash equivalents were RMB 2,057,620,274.30, down from RMB 2,430,562,506.25 at the end of 2021, representing a decrease of approximately 15.4%[23] - Cash and cash equivalents decreased to ¥2,000,741,266.27 from ¥2,407,109,306.37, a decline of about 17%[44] - The company's cash and cash equivalents at the end of the period were ¥1,780,731,391.11, up from ¥1,218,643,708.10 at the end of the same period last year[60] Investment Activities - The company reported a net cash outflow from investing activities of ¥854,636,150.02 in the first three quarters of 2022, compared to a net outflow of ¥651,215,096.28 in 2021[38] - The company reported a net cash outflow from investing activities of ¥1,094,010,355.14, compared to a smaller outflow of ¥557,426,706.23 in the previous year[58] - The company's long-term investments in equity rose to ¥836,543,183.61 from ¥808,831,985.07, an increase of approximately 3.4%[44] Market Strategy - The company is focusing on expanding its market presence and enhancing its product offerings, although specific new products or technologies were not detailed in the provided data[30]