Kinwong(SH:603228)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was RMB 2,588,983,808.23, representing a year-on-year increase of 6.87%[2] - The net profit attributable to shareholders for the same period was RMB 281,449,336.69, reflecting a 14.12% increase compared to the previous year[2] - The net profit after deducting non-recurring gains and losses was RMB 281,009,691.94, which is a 26.28% increase year-on-year[2] - Total operating revenue for the first three quarters of 2022 reached ¥7,716,029,972.13, an increase of 14.18% compared to ¥6,759,656,883.93 in the same period of 2021[12] - Net profit for the third quarter of 2022 was ¥760,585,142.11, representing a 8.23% increase from ¥702,628,478.69 in Q3 2021[14] - Total operating profit for the third quarter of 2022 was ¥847,242,900.57, compared to ¥797,532,144.43 in the same quarter of the previous year, reflecting a growth of 6.23%[13] - The company’s total comprehensive income for the third quarter of 2022 was ¥760,585,142.11, compared to ¥702,628,478.69 in Q3 2021[14] Assets and Liabilities - The total assets at the end of the reporting period amounted to RMB 14,963,707,875.04, an increase of 4.34% from the end of the previous year[3] - As of September 30, 2022, the company's total assets amounted to RMB 14,963,707,875.04, an increase from RMB 14,341,831,053.63 at the end of 2021, reflecting a growth of approximately 4.35%[10] - Total liabilities were reported at RMB 6,961,986,767.61, slightly up from RMB 6,860,872,334.11, reflecting a growth of approximately 1.47%[11] - The equity attributable to shareholders reached RMB 7,785,246,305.64, an increase from RMB 7,278,185,081.52, indicating a growth of about 6.94%[11] - The company's long-term assets totaled RMB 7,858,938,534.25, up from RMB 7,237,435,668.81, representing an increase of approximately 8.59%[10] Cash Flow - The net cash flow from operating activities for the year-to-date period increased by 37.09%, primarily due to an increase in sales collections[6] - Cash flow from operating activities for the first three quarters of 2022 was ¥922,438,283.66, an increase of 37.03% from ¥672,874,920.99 in the same period of 2021[15] - The company reported a total cash inflow from operating activities of ¥8,478,193,627.62 for the first three quarters of 2022, compared to ¥7,009,819,302.24 in the same period of 2021[15] - The net cash flow from investment activities was -1,140,078,634.01 CNY, compared to -1,180,308,236.97 CNY in the previous year[17] - Cash inflow from financing activities totaled 746,860,251.75 CNY, an increase from 215,935,892.47 CNY year-over-year[17] - The net cash flow from financing activities was 292,864,296.67 CNY, contrasting with a negative flow of -204,805,638.53 CNY in the same period last year[17] - The cash and cash equivalents at the end of the period amounted to 901,619,582.75 CNY, up from 857,120,460.57 CNY year-over-year[17] Shareholder Information - The company reported a total of 22,046 common shareholders at the end of the reporting period[7] - The top two shareholders, Shenzhen Jinghong Yongtai Investment Holding Co., Ltd. and Zhichuang Investment Co., Ltd., each held 34.67% of the shares[7] Expenses and Costs - Total operating costs for the first three quarters of 2022 were ¥6,836,267,506.62, up 13.61% from ¥6,018,303,107.99 in the previous year[12] - Research and development expenses for the third quarter of 2022 amounted to ¥388,696,156.20, an increase of 15.36% compared to ¥336,940,776.94 in the same quarter of 2021[13] - The company’s financial expenses for the third quarter of 2022 showed a significant reduction, with a net financial expense of -¥63,223,007.87 compared to ¥65,951,839.28 in the same quarter of 2021[13] Other Financial Metrics - The weighted average return on equity for the reporting period was 3.79%, an increase of 0.24 percentage points compared to the same period last year[3] - Basic earnings per share for the third quarter of 2022 were ¥0.89, up from ¥0.84 in Q3 2021[14] - The company did not conduct an audit for the Q3 financial statements[2] - The company did not apply new accounting standards for the current reporting period[17] Changes in Accounts - Accounts receivable increased to RMB 3,349,869,763.42 from RMB 3,092,727,198.06, representing a growth of approximately 8.31%[9] - The company's inventory stood at RMB 1,487,266,508.40, compared to RMB 1,444,136,244.09, showing an increase of about 2.99%[9] - The company reported a decrease in accounts payable, which fell to RMB 2,467,397,364.43 from RMB 2,936,301,736.92, a decline of about 16.00%[10] - Deferred income tax assets increased to RMB 176,061,225.79 from RMB 134,188,086.77, reflecting a growth of approximately 31.19%[10] Investment Activities - The total cash outflow for investment activities was 1,821,459,430.04 CNY, compared to 6,313,975,634.86 CNY in the previous year[17] - The cash inflow from investment activities was 681,380,796.03 CNY, compared to 5,133,667,397.89 CNY in the previous year[17] - The cash inflow from other financing activities was 127,542,482.47 CNY, which is a new addition to the financing activities[17] - The company experienced a foreign exchange impact of 26,381,860.54 CNY on cash and cash equivalents[17]