宏昌电子(603002) - 2022 Q3 - 季度财报

Revenue and Profit - Revenue for Q3 2022 was CNY 645,143,209.44, a decrease of 47.73% compared to the same period last year[7] - Net profit attributable to shareholders was CNY 21,941,675.79, down 78.84% year-over-year[7] - Net profit excluding non-recurring gains and losses was CNY 18,850,940.22, a decline of 81.57% compared to the previous year[7] - Basic and diluted earnings per share were CNY 0.02, a decrease of 81.82% year-over-year[10] - Total operating revenue for the first three quarters of 2022 was CNY 2,385,869,307.48, a decrease of 28.0% compared to CNY 3,307,541,848.67 in the same period of 2021[39] - Net profit attributable to shareholders of the parent company for the first three quarters of 2022 was CNY 520,061,159.30, an increase of 72.5% compared to CNY 301,653,302.71 in the same period of 2021[41] - Basic earnings per share for the third quarter of 2022 was CNY 0.58, compared to CNY 0.33 in the same quarter of 2021[44] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,666,868,346.29, down 19.51% from the end of the previous year[10] - Total assets decreased to ¥3,666,868,346.29 from ¥4,555,618,143.56, reflecting a decline of about 19.5%[33] - Total liabilities decreased to ¥2,725,449,550.40 from ¥3,613,343,973.53, indicating a reduction of approximately 24.6%[30] - Total liabilities decreased to CNY 1,329,427,193.60 in 2022 from CNY 2,474,603,720.14 in 2021, reflecting a reduction of 46.2%[39] - Total equity attributable to shareholders of the parent company increased to CNY 2,337,441,152.69 in 2022 from CNY 2,081,014,423.42 in 2021, representing a growth of 12.3%[39] Cash Flow - Operating cash flow for the year-to-date was CNY 220,016,796.85, an increase of 33.36% compared to the previous year[7] - Cash received from sales of goods and services for the first three quarters of 2022 was CNY 3,249,464,537.60, an increase of 13.0% from CNY 2,875,569,452.61 in the same period of 2021[44] - The company experienced a net cash inflow from operating activities of CNY 3,249,464,537.60 in the first three quarters of 2022, compared to CNY 2,875,569,452.61 in the same period of 2021, marking a positive trend[44] - Net cash flow from operating activities reached $220.02 million, up from $164.97 million, indicating a year-over-year increase of approximately 33.3%[47] - The ending balance of cash and cash equivalents was $904.07 million, an increase from $606.42 million year-over-year, reflecting a growth of approximately 48.9%[49] Shareholder Information - Total number of common shareholders at the end of the reporting period is 29,923[21] - The largest shareholder, EPOXY BASE INVESTMENT HOLDING LTD., holds 253,702,000 shares, representing 28.07% of the total shares[21] Inventory and Receivables - Accounts receivable decreased to ¥722,541,810.81 from ¥1,223,395,704.72 year-over-year, indicating a reduction of approximately 41%[30] - The company's inventory decreased to ¥155,512,168.48 from ¥247,224,110.00, a reduction of approximately 37%[30] Operational Insights - The decrease in revenue was primarily due to a decline in product sales volume and price[16] - The increase in net profit was attributed to the recognition of land compensation income during the reporting period[16] - The company plans to focus on improving product sales and enhancing gross profit margins in the upcoming quarters[16] - The company has not disclosed any new product developments or market expansion strategies in the current reporting period[30] Expenses - Research and development expenses for the first three quarters of 2022 were CNY 44,315,816.27, a decrease of 23.5% compared to CNY 57,902,392.66 in the same period of 2021[39] - Total cash outflow for employee compensation decreased to $91.70 million from $101.24 million, a reduction of about 9.5%[47] Cash Flow from Investing and Financing Activities - Cash outflow from investing activities was $139.68 million, compared to $110.31 million in the previous year, representing an increase of about 26.6%[47] - Net cash flow from investing activities improved to $134.40 million, a significant recovery from a negative cash flow of $107.82 million in the prior year[47] - Cash inflow from financing activities was $21.05 million, down from $38.48 million, showing a decrease of approximately 45.5%[49] - Net cash flow from financing activities was negative at -$250.35 million, compared to -$218.60 million in the previous year, indicating a worsening of about 14.6%[49] - The company reported a significant increase in cash received from the disposal of fixed assets, amounting to $172.91 million compared to just $35.40 thousand in the previous year[47] Foreign Exchange Impact - The company experienced a foreign exchange impact on cash and cash equivalents of -$915,933.45, contrasting with a positive impact of $151,792.90 in the previous year[49]