TUNA(SH:603177)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 reached ¥216,714,042.04, representing a year-on-year increase of 62.53%[5] - Total operating revenue for the first three quarters of 2022 reached ¥544,673,281.28, an increase from ¥478,017,448.31 in the same period of 2021, representing a growth of approximately 13.9%[22] - Net profit for the first three quarters of 2022 was ¥18,176,438.02, a significant recovery from a net loss of ¥14,734,465.56 in the same period of 2021[23] - The company reported a total comprehensive income of ¥18,193,853.91 for the first three quarters of 2022, compared to a loss of ¥14,947,719.48 in the same period of 2021[24] - The net profit attributable to shareholders for the year-to-date period was ¥18,714,990.51, with a significant increase in net profit due to improved cost control and a favorable exchange rate[5][7] Profitability Metrics - The gross profit margin increased by 5.95 percentage points year-on-year, attributed to the weakening of the RMB against the USD and effective cost management[7] - The company reported a gross profit margin of approximately 3.2% for the first three quarters of 2022, compared to a negative margin in the previous year[22] - Earnings per share (EPS) for the first three quarters of 2022 was ¥0.09, recovering from a loss of ¥0.07 per share in the same period of 2021[24] Cash Flow - The net cash flow from operating activities for the year-to-date period was -¥69,305,031.67, reflecting a decrease of 300.25% compared to the previous year[6][10] - The net cash flow from operating activities for the first three quarters of 2022 was -69,305,031.67 RMB, a decrease from 34,609,637.77 RMB in the same period of 2021[27] - Total cash inflow from operating activities was 544,051,644.92 RMB, down 6.4% from 581,252,586.82 RMB in the previous year[27] - Cash outflow from operating activities increased to 613,356,676.59 RMB, compared to 546,642,949.05 RMB in the first three quarters of 2021, representing a 12.2% increase[27] - The net cash flow from investing activities was -56,285,580.07 RMB, an improvement from -110,693,887.54 RMB in the same period of 2021[28] - Cash inflow from financing activities increased to 592,989,904.00 RMB, up 40.9% from 420,800,000.00 RMB in the previous year[28] - The net cash flow from financing activities was 125,386,054.01 RMB, compared to 55,337,867.31 RMB in the same period of 2021, marking a 126.4% increase[28] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥1,479,875,036.61, an increase of 7.39% from the end of the previous year[6] - The total liabilities of the company as of the third quarter of 2022 amounted to ¥1,109,264,665.31, an increase from ¥1,045,202,666.85 in the previous year[18] - The company's total current assets as of September 30, 2022, amount to ¥1,004,214,779.61, an increase from ¥925,509,596.82 at the end of 2021[16] - The company's total current liabilities as of September 30, 2022, are ¥940,218,698.02, down from ¥1,000,879,185.66 at the end of 2021[17] Shareholder Information - The total number of common shareholders at the end of the reporting period is 15,186[13] - The largest shareholder, Zhejiang Deren Industrial Holdings Group Co., Ltd., holds 87,947,500 shares, accounting for 42.37% of total shares[13] - The company's equity attributable to shareholders increased by 10.63% year-on-year, reaching ¥367,202,555.98[6] - The total equity attributable to shareholders reached ¥367,202,555.98, up from ¥331,911,953.18 in the same period of 2021, reflecting a growth of approximately 10.6%[18] Investments and Projects - The company has ongoing investments in construction projects, with a 62.83% increase in construction in progress due to the "Yuexin Third Workshop Project"[10] - The company implemented a restricted stock incentive plan, resulting in a share-based payment expense of ¥13,683,900 for the reporting period[7] Receivables and Inventory - The company reported a significant decrease of 62.29% in receivables financing at the end of the reporting period, primarily due to increased bank acceptance payments[10] - The accounts receivable as of September 30, 2022, are ¥377,902,331.98, compared to ¥351,298,665.64 at the end of 2021[16] - The company reported a decrease in inventory to ¥176,246,810.23 from ¥156,172,143.17 year-over-year[16]