望变电气(603191) - 2022 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2022 was ¥619,225,315.65, representing a year-on-year increase of 26.61%[5] - The net profit attributable to shareholders for Q3 2022 was ¥85,786,575.50, showing a significant increase of 79.15% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2022 was ¥83,527,105.80, up 92.93% year-on-year[6] - Total operating revenue for the first three quarters of 2022 reached ¥1,743,697,966.71, an increase of 27.3% compared to ¥1,370,832,968.90 in the same period of 2021[21] - Net profit for the first three quarters of 2022 was ¥200,465,669.99, representing a 70.9% increase from ¥117,221,539.18 in the same period of 2021[22] - The company reported a total comprehensive income of ¥200,465,669.99 for the third quarter of 2022, compared to ¥117,221,539.18 in the same quarter of 2021[23] - The total comprehensive income for the third quarter of 2022 was CNY 205,151,579.56, compared to CNY 115,951,382.07 in the same quarter of 2021[33] Assets and Liabilities - The total assets at the end of the reporting period reached ¥3,178,308,404.64, an increase of 42.17% compared to the end of the previous year[6] - Current assets totaled RMB 2,345,315,141.42, up from RMB 1,470,265,347.45 year-over-year[16] - The company's cash and cash equivalents reached RMB 846,814,899.91, compared to RMB 329,753,949.77 in the same period last year, indicating a significant increase[16] - Accounts receivable increased to RMB 707,836,360.28 from RMB 563,414,462.76, reflecting a growth of approximately 25.6%[16] - Inventory levels rose to RMB 530,060,455.44, up from RMB 277,479,536.20, representing an increase of about 91%[16] - Total liabilities decreased to RMB 1,007,978,928.23 from RMB 1,120,307,549.89, showing a reduction of approximately 10%[17] - The total liabilities as of the end of the third quarter of 2022 were ¥1,007,978,928.23, down from ¥1,120,307,549.89 at the end of the previous year[18] - The total equity attributable to shareholders reached ¥2,166,911,331.15, a substantial increase from ¥1,110,119,181.58 in the previous year[18] Cash Flow - The cash flow from operating activities for the year-to-date period was ¥26,672,676.13, which decreased by 46.21% year-on-year[6] - Cash flow from operating activities for the first three quarters of 2022 was ¥26,672,676.13, a decrease from ¥49,584,866.92 in the same period of 2021[26] - The company's cash flow from operating activities was not detailed in the provided documents, but the overall cash position improved significantly with a net increase of ¥583,043,659.95 in cash and cash equivalents[27] - In the first three quarters of 2022, the company generated cash inflows from operating activities amounting to CNY 1,462,528,916.61, compared to CNY 897,442,964.23 in the same period of 2021, representing an increase of approximately 63%[35] - The net cash flow from operating activities for the first three quarters of 2022 was CNY 32,321,486.38, a decrease of 42% from CNY 56,096,992.31 in the previous year[36] - Cash flow from investing activities showed a net outflow of ¥202,949,552.28, compared to a net outflow of ¥56,712,991.87 in the previous period[27] - Cash flow from financing activities generated a net inflow of ¥751,355,877.00, contrasting with a net outflow of ¥8,513,137.54 in the previous period[27] Research and Development - Research and development expenses for the first three quarters of 2022 amounted to ¥24,227,529.87, significantly higher than ¥12,994,471.14 in the previous year, indicating increased investment in innovation[22] - Research and development expenses for the first three quarters of 2022 were ¥24,227,529.87, significantly higher than ¥12,994,471.14 in the same period of 2021, indicating increased investment in innovation[32] Future Plans - The increase in net profit is primarily attributed to the rise in sales prices of oriented silicon steel products and improved product grades, leading to higher gross margins[9] - The company plans to increase raw material reserves in anticipation of rising prices, impacting cash flow from operating activities[9] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[22] - The company has not reported any new product developments or market expansion strategies in this quarter[9] - The company has not disclosed any new product developments or market expansion strategies in the current report[14]