QIANHE(SH:603027)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was RMB 539,244,677.24, representing a year-on-year increase of 14.75%[2] - The net profit attributable to shareholders for the same period was RMB 68,538,707.26, with a year-on-year growth of 3.7%[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 67,538,576.94, reflecting a 2.87% increase year-on-year[2] - The basic earnings per share for the period was RMB 0.0715, up 3.78% compared to the same period last year[4] - The diluted earnings per share also stood at RMB 0.0715, showing a 3.78% increase year-on-year[4] - The company reported a 42.05% increase in net profit attributable to shareholders for the year-to-date, driven by increased operating revenue and reduced advertising expenses[8] - Total operating revenue for the first three quarters of 2022 reached ¥1,553,838,735.33, an increase of 14.66% compared to ¥1,355,565,366.72 in the same period of 2021[16] - Net profit for the third quarter of 2022 was ¥187,370,973.67, representing a 42.14% increase from ¥131,904,809.33 in the same quarter of 2021[19] - Basic and diluted earnings per share for the third quarter of 2022 were both ¥0.1955, compared to ¥0.1376 in the same period of 2021, marking a growth of 42.14%[20] - Net profit for the first three quarters of 2022 was ¥185,422,296.27, up 45.4% from ¥127,449,899.77 in the previous year[28] Assets and Liabilities - The total assets at the end of the reporting period were RMB 2,708,498,005.79, an increase of 12.95% compared to the end of the previous year[4] - The total assets of the company as of September 30, 2022, amount to 2.71 billion RMB, an increase from 2.40 billion RMB at the end of 2021[14] - The company's current assets total 1.37 billion RMB, compared to 1.14 billion RMB at the end of 2021[13] - The company's fixed assets increased to 892.77 million RMB from 842.53 million RMB year-over-year[14] - The company's total liabilities as of the end of the third quarter of 2022 were ¥513,903,904.17, significantly higher than ¥323,601,828.59 at the end of the same period in 2021[18] - The total liabilities rose to $442.37 million in Q3 2022, compared to $307.23 million in Q3 2021, marking an increase of approximately 44%[26] Cash Flow - The net cash flow from operating activities for the year-to-date was RMB 413,287,458.46, reflecting a significant increase of 188.40%[4] - The net cash flow from operating activities for Q3 2022 was $413.29 million, a significant increase from $143.30 million in Q3 2021, representing a growth of approximately 188.5%[22] - Cash flow from operating activities for the first three quarters of 2022 amounted to ¥1,771,952,775.68, an increase from ¥1,544,273,283.52 in the same period of 2021[21] - Cash flow from operating activities generated a net amount of ¥435,915,690.83, significantly higher than ¥149,020,105.98 in the same period last year[29] Investments and Projects - The company's total investment in the "annual production of 600,000 tons of seasoning intelligent manufacturing project" is 1.26 billion RMB, with a cumulative investment of 401.19 million RMB as of September 30, 2022[12] - The company plans to complete the first phase of the seasoning project by the end of 2024, which includes the construction of production lines for 200,000 tons of soy sauce and 100,000 tons of cooking wine[12] - The company plans to continue expanding its market presence and investing in new product development to drive future growth[31] Shareholder Information - The total number of common shareholders at the end of the reporting period is 98,140[10] - The largest shareholder, Wu Chaoqun, holds 355,560,883 shares, representing 37.09% of the total shares[10] Expenses - Total operating costs for the third quarter of 2022 were ¥1,330,283,818.85, up from ¥1,201,249,264.37 in the previous year, reflecting a year-over-year increase of 10.74%[18] - Research and development expenses for the third quarter of 2022 were ¥39,126,858.23, compared to ¥35,929,809.22 in the same quarter of 2021, showing an increase of 6.12%[18] - Research and development expenses increased to ¥39,126,858.23, compared to ¥34,647,062.30 in the previous year, reflecting a focus on innovation[27] - Sales expenses decreased to ¥181,269,804.25 from ¥269,723,358.71, indicating improved cost management[27]