XUSHENG(SH:603305)2022-10-30 16:00Financial Performance - The company's operating revenue for Q3 2022 reached ¥1,271,226,818.60, representing a year-on-year increase of 58.79%[9] - Net profit attributable to shareholders for Q3 2022 was ¥210,492,983.49, up 74.06% compared to the same period last year[9] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2022 was ¥207,256,020.15, reflecting a 79.85% increase year-on-year[9] - Total revenue for the first three quarters of 2022 reached ¥3,264,595,550.24, a significant increase of 62.2% compared to ¥2,012,003,009.08 in the same period of 2021[35] - The net profit for Q3 2022 was CNY 484,411,680.63, an increase of 46.2% compared to CNY 331,287,727.75 in Q3 2021[36] - The total profit for Q3 2022 reached CNY 558,690,943.47, up 49.2% from CNY 374,287,205.67 in the same period last year[36] - Operating income for Q3 2022 was CNY 560,439,967.92, compared to CNY 375,879,674.61 in Q3 2021, reflecting a growth of 49.0%[36] Assets and Liabilities - The total assets at the end of Q3 2022 amounted to ¥9,649,496,908.20, an 18.00% increase from the end of the previous year[12] - Total liabilities decreased to ¥4,253,932,938.22 from ¥4,521,079,485.00, indicating a reduction of 5.9%[32] - The equity attributable to shareholders at the end of Q3 2022 was ¥5,394,482,877.57, which is a 47.66% increase compared to the same period last year[12] - The equity attributable to shareholders increased to ¥5,394,482,877.57, up 47.5% from ¥3,653,228,520.85 year-over-year[32] - Long-term borrowings rose to ¥700,000,000.00, compared to ¥400,000,000.00 in the previous year, marking a 75.0% increase[32] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥210,548,958.72, showing a 39.86% increase[12] - Cash inflow from operating activities for the first three quarters of 2022 was CNY 3,458,943,102.94, a significant increase from CNY 1,813,935,643.55 in the previous year[39] - The net cash flow from operating activities for Q3 2022 was CNY 210,548,958.72, compared to CNY 150,542,338.87 in Q3 2021, representing a growth of 39.9%[39] - Cash and cash equivalents at the end of Q3 2022 were CNY 1,240,827,408.74, compared to CNY 308,739,156.05 at the end of Q3 2021[41] - The company experienced a net cash outflow of CNY 548,221,300.88 in Q3 2022, compared to a net outflow of CNY 376,905,700.97 in Q3 2021[41] - The total cash inflow from financing activities in Q3 2022 was CNY 2,583,547,244.36, compared to CNY 439,011,652.79 in the same period last year[41] Shareholder Information - The total number of common shareholders at the end of the reporting period was 20,974[21] - The largest shareholder, Ningbo Meishan Bonded Port Area Xusheng Holdings Co., Ltd., holds 27.30% of the shares[21] - The second-largest shareholder, Hong Kong Xuri Industrial Co., Ltd., holds 21.08% of the shares[21] - There are no indications of related party transactions among the top shareholders[24] Market Strategy and Growth - The company attributed the revenue growth to the expansion of domestic and international markets, leading to increased sales volume[19] - The company plans to continue its market expansion strategy to sustain growth in revenue and profits[19] - The company plans to expand its market presence and invest in new technologies to drive future growth[35] Earnings and Expenses - Basic earnings per share for Q3 2022 were ¥0.34, representing a 78.95% increase year-on-year[12] - The diluted earnings per share for the year-to-date period is CNY 47.17[21] - Research and development expenses increased to ¥118,954,057.04, representing a 30.5% rise from ¥91,022,193.71 in the previous year[35] - Basic and diluted earnings per share for Q3 2022 were both CNY 0.78, up from CNY 0.53 in Q3 2021, indicating a growth of 47.2%[38]