StarPower(SH:603290)2022-11-11 16:00Revenue and Profitability - Revenue for Q3 2022 reached ¥720,063,194.68, an increase of 50.68% compared to the same period last year[4] - Net profit attributable to shareholders for Q3 2022 was ¥243,628,850.62, up 116.47% year-on-year[4] - Net profit excluding non-recurring items for Q3 2022 was ¥213,500,266.67, reflecting a 94.38% increase compared to the same period last year[4] - Basic earnings per share for Q3 2022 were ¥1.4280, representing a 103.01% increase year-on-year[5] - Net profit for Q3 2022 was CNY 592,289,543.65, compared to CNY 267,635,704.98 in Q3 2021, indicating a year-over-year increase of about 121.5%[20] - The company's total comprehensive income for Q3 2022 was CNY 592,262,897.04, compared to CNY 268,398,565.04 in Q3 2021, indicating an increase of about 120.5%[21] Assets and Liabilities - Total assets at the end of Q3 2022 amounted to ¥6,568,101,050.06, an 18.94% increase from the end of the previous year[5] - Total liabilities as of Q3 2022 amounted to CNY 1,086,076,404.33, up from CNY 525,231,690.58 in the previous year, reflecting a growth of approximately 106.7%[18] - The total non-current liabilities increased to CNY 621,560,474.62 in Q3 2022 from CNY 221,420,796.29 in the previous year, reflecting a growth of approximately 180.5%[18] - Shareholders' equity attributable to the parent company was ¥5,479,904,403.32, a 9.66% increase compared to the previous year-end[5] - The company's total equity attributable to shareholders reached CNY 5,479,904,403.32, an increase from CNY 4,997,248,110.64 in the same quarter last year, marking a growth of about 9.7%[18] Cash Flow - Cash flow from operating activities for the year-to-date was ¥526,111,259.60, reflecting a 323.78% increase[5] - The cash flow from operating activities showed a significant improvement, contributing positively to the overall financial health of the company[20] - The net cash flow from operating activities for the first three quarters of 2022 was RMB 526,111,259.60, compared to RMB 124,146,239.15 in the same period of 2021, representing a significant increase[22] - Total cash inflow from operating activities reached RMB 1,957,164,119.51, up from RMB 1,013,940,913.52 year-over-year[23] - Cash outflow from operating activities was RMB 1,431,052,859.91, compared to RMB 889,794,674.37 in the previous year, indicating increased operational expenditures[23] Investments and Financing - The company reported cash inflow from investment activities of RMB 2,874,544,305.21, a substantial rise from RMB 606,570,809.72 in the prior year[23] - Cash outflow from investment activities totaled RMB 3,329,046,344.95, compared to RMB 679,123,768.85 in the same period last year, leading to a net cash flow from investment activities of -RMB 454,502,039.74[23] - The net cash flow from financing activities was RMB 265,482,666.44, a recovery from a negative cash flow of -RMB 55,640,637.11 in the previous year[24] - The total cash inflow from financing activities was RMB 394,079,906.20, significantly higher than RMB 165,000,102.00 in the previous year[24] - The company received RMB 2,850,000,000.00 from investment recoveries, a notable increase from RMB 604,500,000.00 in the same period last year[23] Market Strategy and Future Plans - The company plans to continue expanding its market presence and enhancing product offerings in the upcoming quarters[9] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[20] Shareholder Information - The total number of common shareholders at the end of the reporting period was 26,808[11] - The largest shareholder, Hong Kong Star Holdings Limited, held 71,266,800 shares, representing 41.73% of the voting rights[11] - The company has not disclosed any significant related party transactions among the top ten shareholders[12] Research and Development - Research and development expenses for Q3 2022 were CNY 126,658,907.81, compared to CNY 69,848,024.28 in Q3 2021, representing an increase of approximately 81.2%[19]