CIG(SH:603083)2022-10-10 16:00Financial Performance - The company's operating revenue for Q3 2022 reached ¥1,402,414,228.62, representing a year-on-year increase of 136.63%[2] - Net profit attributable to shareholders for the same period was ¥161,070,481.39, with a year-to-date increase of 81.92% to ¥73,866,722.40[2] - The net profit after deducting non-recurring gains and losses for the year-to-date was ¥70,067,555.83, showing a significant increase of 459.35%[2] - Basic earnings per share for Q3 2022 was ¥0.63, up 81.25% compared to ¥0.29 for the same period last year[2] - Total operating revenue for the first three quarters of 2022 reached ¥2,837,307,618.13, an increase of 38.2% compared to ¥2,050,957,981.29 in the same period of 2021[30] - Operating profit for the third quarter was ¥71,811,079.12, up from ¥39,927,175.89 in the previous year, reflecting an increase of 80.1%[34] - Net profit attributable to shareholders of the parent company for the third quarter was ¥73,866,722.40, compared to ¥40,605,042.90 in the same quarter of 2021, marking an increase of 82.0%[34] - The total comprehensive income for the third quarter was ¥63,285,139.13, up from ¥41,494,924.96, indicating a growth of 52.3%[34] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥5,095,028,006.13, reflecting a year-on-year increase of 32.42%[2] - The total assets of the company reached CNY 5.10 billion, an increase from CNY 3.85 billion in the previous year[22] - Total liabilities increased to ¥3,273,820,863.43 from ¥2,105,188,784.10, representing a rise of 55.6%[30] - Total equity attributable to shareholders of the parent company rose to ¥1,821,207,142.70 from ¥1,742,545,277.41, an increase of 4.5%[29] Cash Flow - The company reported a net cash flow from operating activities of -¥47,168,127.90 for the year-to-date, indicating a significant improvement due to increased sales revenue[2] - The net cash flow from operating activities for the first three quarters of 2022 was -47,168,127.90 RMB, an improvement from -219,931,646.93 RMB in the same period of 2021[37] - Total cash inflow from operating activities increased to 2,425,848,302.79 RMB, up from 2,063,156,225.53 RMB year-over-year, representing a growth of approximately 17.6%[37] - Cash outflow from operating activities rose to 2,473,016,430.69 RMB, compared to 2,283,087,872.46 RMB in the previous year, indicating an increase of about 8.3%[37] - The net cash flow from investing activities was -123,683,823.55 RMB, worsening from -64,570,564.51 RMB in the same period last year[39] - Cash inflow from financing activities totaled 1,469,975,955.72 RMB, compared to 1,054,730,747.54 RMB in the previous year, marking an increase of approximately 39.4%[39] - The net cash flow from financing activities was 291,054,107.72 RMB, up from 193,952,673.76 RMB year-over-year, reflecting a growth of about 50%[39] - The ending balance of cash and cash equivalents increased to 317,336,595.93 RMB, compared to 131,333,100.31 RMB at the end of the previous year[39] Market and Operational Insights - The increase in operating revenue was primarily driven by a rise in orders and the normalization of production and logistics[7] - The company expects continued growth in Q4 2022, with increased shipments and inventory levels to support sales[7] - The company faced challenges in the first half of the year due to the pandemic, which affected logistics and supply chains, leading to losses[18] - A significant portion of the net profit, CNY 43.87 million, was attributed to foreign exchange gains due to the appreciation of the US dollar against the Chinese yuan[18] - The company has a strong order backlog driven by high demand in the global high-speed optical module and broadband markets[18] - The company is focusing on enhancing its domestic and international production and logistics capabilities to adapt to market demands[18] - The company is recognized as a key foreign trade enterprise during the pandemic, which has helped it maintain operations[18] Shareholder Information - The company has a total of 28,645 common shareholders as of the end of the reporting period[8] Research and Development - Research and development expenses for the first three quarters amounted to ¥195,456,346.70, up from ¥163,118,877.56, indicating a growth of 19.7%[30]