GREAT-SUN(SH:603336)2022-10-27 16:00Financial Performance - The company's operating revenue for Q3 2022 was CNY 286,667,229.44, representing a year-on-year increase of 17.93%[6] - The net profit attributable to shareholders for Q3 2022 reached CNY 20,619,098.70, a significant increase of 102.97% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2022 was CNY 20,469,877.86, up 105.50% year-on-year[6] - The basic earnings per share for Q3 2022 was CNY 0.05, an increase of 150.00% compared to the same period last year[7] - The net profit for Q3 2022 was CNY 51,505,643.95, an increase of 47.2% compared to CNY 34,972,492.71 in Q3 2021[19] - Operating profit for Q3 2022 reached CNY 51,638,954.25, up from CNY 34,878,917.66 in the same period last year, reflecting a growth of 48.0%[19] - The total comprehensive income for Q3 2022 was CNY 51,534,923.77, compared to CNY 31,441,175.97 in Q3 2021, marking an increase of 64.0%[19] Cash Flow and Liquidity - The cash flow from operating activities for the first nine months of 2022 was CNY 1,092,725.45, reflecting a growth of 105.71%[7] - Cash flow from operating activities for the first nine months of 2022 was CNY 1,092,725.45, a significant improvement from a negative cash flow of CNY 19,150,168.17 in the same period of 2021[21] - The company reported a net cash inflow from financing activities of CNY 49,475,213.83 in Q3 2022, compared to CNY 9,707,467.93 in Q3 2021, showing an increase of 410.0%[22] - The cash and cash equivalents at the end of Q3 2022 stood at CNY 39,898,144.20, up from CNY 27,537,893.51 at the end of Q3 2021[22] - The company's cash and cash equivalents increased to ¥40,171,094.20 as of September 30, 2022, compared to ¥23,213,188.55 at the end of 2021, representing a growth of 73.0%[14] Assets and Liabilities - Total assets at the end of Q3 2022 amounted to CNY 1,704,203,475.09, marking a 6.86% increase from the end of the previous year[7] - The total assets of the company reached ¥1,704,203,475.09, compared to ¥1,594,859,700.29 at the end of 2021, reflecting a growth of 6.9%[17] - Total liabilities increased to ¥553,218,640.26 from ¥500,658,144.66, which is a rise of 10.5%[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 37,608[12] - The largest shareholder, Huang Junhui, held 44.20% of the shares, amounting to 193,913,708 shares[12] Operational Metrics - Total operating revenue for the first three quarters of 2022 reached ¥765,700,581.85, an increase of 11.1% compared to ¥689,218,826.53 in the same period of 2021[18] - Total operating costs for the first three quarters of 2022 were ¥707,124,750.75, up from ¥648,875,735.67 in 2021, reflecting a growth of 8.9%[18] - Total revenue from sales of goods and services for the first nine months of 2022 was CNY 772,900,471.30, compared to CNY 638,380,298.23 in the previous year, indicating a growth of 21.0%[21] Credit and Financial Management - The company reported a decrease in financial expenses from ¥11,782,989.93 in 2021 to -¥3,949,682.21 in 2022, indicating improved financial management[18] - The company reported a decrease in credit impairment losses to CNY 7,189,402.60 in Q3 2022 from CNY 5,947,040.59 in Q3 2021, indicating improved credit quality[19] Business Growth Factors - The company attributed the increase in net profit to the growth in frozen meat trade business and exchange gains due to the depreciation of the RMB[10] - The company has ongoing investments in new product development and market expansion strategies, although specific figures were not disclosed in the provided data[18] - Accounts receivable rose to ¥475,518,535.18, up from ¥422,497,931.24, indicating a 12.6% increase year-over-year[14] - Inventory levels increased to ¥402,491,158.64 from ¥361,653,997.43, marking an increase of 11.3%[15] - The company experienced a foreign exchange gain of CNY 1,065,289.93 in Q3 2022, contrasting with a loss of CNY 955,018.76 in the same quarter of the previous year[22] - The company's net profit for the first three quarters of 2022 was not explicitly stated but can be inferred from the increase in retained earnings to ¥477,920,156.80 from ¥426,779,556.23, a growth of 12.0%[17]