ZPEC(SH:603619)2022-10-27 16:00Financial Performance - The company's operating revenue for Q3 2022 was approximately CNY 820.46 million, representing a year-on-year increase of 102.93% compared to CNY 404.30 million in the same period last year[7]. - The net profit attributable to shareholders for the first three quarters of 2022 reached approximately CNY 2.22 billion, a significant increase of 742.79% compared to CNY 371.54 million in the same period last year[7][18]. - The basic earnings per share for Q3 2022 was CNY 0.40, up 700% from CNY 0.05 in the same period last year[9]. - The weighted average return on equity increased by 5.96 percentage points to 6.95% for Q3 2022, compared to 1.03% in the same period last year[9]. - The net profit after deducting non-recurring gains and losses for the first three quarters of 2022 was approximately CNY 371.54 million, reflecting an increase of 810.67% compared to CNY 36.05 million in the same period last year[7][18]. - Net profit for the third quarter of 2022 was ¥371,354,076.98, a substantial rise from ¥43,438,506.07 in the same quarter of 2021, reflecting an increase of approximately 754%[37]. - The company’s total comprehensive income for the third quarter of 2022 was ¥371,543,069.32, compared to ¥40,135,341.50 in the same quarter of 2021, indicating a substantial increase[39]. Cash Flow and Liquidity - The net cash flow from operating activities for the first three quarters of 2022 was approximately CNY 575.00 million, an increase of 131.42% compared to CNY 248.47 million in the same period last year[7][18]. - The net cash flow from operating activities for the third quarter of 2022 was approximately ¥575 million, compared to ¥248 million in the same quarter of 2021, marking an increase of approximately 131.5%[43]. - The total cash outflow from operating activities in the third quarter of 2022 was approximately ¥1.92 billion, up from ¥1.03 billion in the same quarter of 2021, indicating an increase of about 86.1%[43]. - The cash inflow from financing activities in the third quarter of 2022 was approximately ¥1.99 billion, slightly down from ¥2.13 billion in the same quarter of 2021, a decrease of about 6.5%[43]. - The net cash flow from financing activities for the third quarter of 2022 was approximately ¥290 million, compared to a negative cash flow of ¥62 million in the same quarter of 2021, indicating a turnaround in financing activities[43]. - The total cash and cash equivalents at the end of the third quarter of 2022 amounted to approximately ¥509 million, an increase from ¥84 million at the end of the same quarter in 2021[46]. Assets and Liabilities - Total assets at the end of Q3 2022 were approximately CNY 6.98 billion, representing an increase of 18.51% compared to CNY 5.87 billion at the end of the previous year[9]. - The total liabilities increased to ¥4,806,809,379.80 in 2022 from ¥3,903,646,746.86 in 2021, marking an increase of about 23.1%[30]. - Current liabilities totaled approximately $2.85 billion, with short-term borrowings at $957.43 million and accounts payable at $792.31 million[52]. - Total non-current assets amounted to approximately $4.05 billion, with fixed assets contributing $1.96 billion and oil and gas assets at $1.24 billion[50]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 25,367, with the top ten shareholders holding 27.59% of the shares[19]. - Shanghai Zhongman Investment Holding Co., Ltd. holds 110,369,800 shares, representing 27.59% of the total shares[22]. - Zhu Fengxue and Li Yuchi are the common actual controllers of the company, holding 11.29% and 6.98% of the shares respectively[22]. - The company’s total equity attributable to shareholders was approximately $1.99 billion, with minority interests at -$1.49 million[52]. Research and Development - Research and development expenses for the first three quarters of 2022 were ¥69,004,719.37, compared to ¥37,476,248.25 in 2021, indicating an increase of about 84.5%[33].