KHtech(SH:603052)2022-10-24 16:00Financial Performance - The company's revenue for Q3 2022 reached ¥258,418,070.47, representing a year-over-year increase of 26.85%[5] - Net profit attributable to shareholders for Q3 2022 was ¥52,119,280.45, reflecting a significant increase of 54.72% compared to the same period last year[5] - The basic earnings per share for Q3 2022 was ¥1.01, up by 54.72% year-over-year[6] - The net profit attributable to shareholders for the year-to-date period was ¥130,588,052.39, which is a 63.83% increase compared to the same period last year[5] - The net profit for Q3 2022 was CNY 130,588,052.39, a 63.9% increase compared to CNY 79,711,067.56 in Q3 2021[20] - The operating profit for Q3 2022 reached CNY 150,291,871.73, up from CNY 90,345,292.22 in the same period last year, representing a growth of 66.5%[20] - The company reported a basic and diluted earnings per share of CNY 2.53 for Q3 2022, up from CNY 1.54 in Q3 2021[22] Assets and Liabilities - The total assets of the company as of the end of Q3 2022 amounted to ¥1,496,160,971.40, marking an increase of 87.96% from the end of the previous year[6] - As of September 30, 2022, total assets amounted to ¥1,496,160,971.40, compared to ¥795,984,407.96 at the end of 2021, indicating a significant increase of 88.1%[17] - The total liabilities as of September 30, 2022, were ¥436,775,568.80, compared to ¥369,347,057.75 at the end of 2021, reflecting an increase of 18.3%[18] - The equity attributable to shareholders increased by 148.31% year-over-year, reaching ¥1,059,385,402.60[6] - The equity attributable to shareholders reached ¥1,059,385,402.60, up from ¥426,637,350.21, showing a growth of 148.5%[18] Cash Flow - The company reported a cash flow from operating activities of -¥36,653,746.03 for the year-to-date period, indicating a decline of 168.19% compared to the previous year[6] - The net cash flow from operating activities for the first three quarters of 2022 was negative at CNY -36,653,746.03, compared to a positive CNY 53,752,211.04 in the same period of 2021[23] - Cash and cash equivalents at the end of Q3 2022 totaled CNY 680,700,804.91, significantly higher than CNY 155,055,377.26 at the end of Q3 2021[24] - The company raised CNY 527,960,000.00 through investment activities in Q3 2022, with a net cash flow from financing activities of CNY 523,508,462.95[24] Operating Costs and Expenses - Total operating costs for the first three quarters of 2022 were ¥522,564,575.62, up from ¥431,577,990.48 in the previous year, reflecting a growth of 21.1%[19] - The total operating expenses for Q3 2022 were CNY 488,734,203.75, compared to CNY 386,822,863.95 in Q3 2021, reflecting an increase of 25.3%[20] - The tax expenses for Q3 2022 were CNY 19,511,894.12, up from CNY 10,523,167.15 in Q3 2021, indicating an increase of 85.5%[20] Market and Industry Factors - The company benefited from stable demand in the downstream consumer electronics sector and the sustained high prosperity of the new energy vehicle industry, contributing to revenue growth[10] - The company experienced a foreign exchange gain of approximately ¥17,400,000 in the first nine months of 2022, which positively impacted net profit growth[10] - The company reported a decrease in non-recurring gains and losses, which accounted for a lower proportion of net profit, further enhancing profitability[11] Shareholder Information - The number of common shareholders at the end of the reporting period was 17,166[13] - Major shareholder Zhu Chunhua holds 36.3% of the shares, while Shi Huiqing holds 33.2%[13] Research and Development - Research and development expenses increased to CNY 21,195,515.26 in Q3 2022, compared to CNY 17,640,503.22 in Q3 2021, marking a rise of 20.4%[20] Strategic Developments - The company has not reported any significant new strategies or product developments in the current quarter[15]