ZPEC(SH:603637)2022-10-27 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥146,302,616.84, a decrease of 27.41% compared to the same period last year[5]. - Net profit attributable to shareholders was ¥11,779,089.81, down 25.12% year-on-year, while the net profit after deducting non-recurring gains and losses was ¥11,008,132.12, a decrease of 27.70%[5]. - The basic earnings per share for the quarter was ¥0.05, a decline of 16.67% compared to the previous year[6]. - The weighted average return on equity decreased to 1.40%, down 0.57 percentage points from the previous year[6]. - Total operating revenue for the first three quarters of 2022 was CNY 471,204,602.90, a decrease of 29.1% compared to CNY 664,943,307.30 in the same period of 2021[19]. - The net profit for Q3 2022 was CNY 57,055,235.69, representing an increase of 13.9% compared to CNY 50,099,338.78 in Q3 2021[21]. - Net profit for the first three quarters of 2022 reached CNY 56,484,532.72, representing a 23% increase compared to CNY 45,932,947.18 in the previous year[29]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,434,774,209.55, reflecting a slight increase of 0.89% from the end of the previous year[6]. - As of September 30, 2022, total assets amounted to CNY 1,434,774,209.55, slightly up from CNY 1,422,126,642.85 at the end of 2021[18]. - Total liabilities decreased to CNY 589,855,853.85 from CNY 605,621,219.47, a reduction of about 2.6%[18]. - The company's equity attributable to shareholders rose to CNY 844,918,355.70 from CNY 816,505,423.38, an increase of approximately 3.5%[18]. - The total liabilities decreased to CNY 583,788,585.29 from CNY 596,904,357.90 at the end of 2021, indicating a reduction in financial obligations[28]. Cash Flow - The company reported a cash flow from operating activities of -¥18,524,011.77, indicating a significant decline[6]. - The net cash flow from operating activities for the first nine months of 2022 was negative at CNY -18,524,011.77, compared to a positive CNY 191,756,461.72 in the same period of 2021[24]. - The company generated CNY 494,761,801.83 in cash inflows from operating activities during the first nine months of 2022, a decrease from CNY 922,855,613.49 in the same period of 2021[23]. - Operating cash flow for the first three quarters of 2022 was negative at -16,825,467.33 RMB, a significant decline compared to 199,084,933.39 RMB in the same period of 2021[30]. - Total cash inflow from operating activities was 493,402,845.88 RMB, down from 922,289,242.73 RMB year-over-year, representing a decrease of approximately 46.5%[30]. - Cash outflow from operating activities totaled 510,228,313.21 RMB, compared to 723,204,309.34 RMB in the previous year, indicating a reduction of about 29.5%[30]. Investments - Long-term equity investments increased by 224.87%, attributed to the capital contribution to Ningbo Huafu New Materials Technology Co., Ltd.[10]. - The company reported a total investment cash outflow of CNY 307,929,603.93 in Q3 2022, compared to CNY 183,805,102.78 in Q3 2021[24]. - The company received 200,996,573.52 RMB from investment recoveries during the first three quarters of 2022[30]. - The company paid 305,600,000.00 RMB for investments, which is a significant cash outflow in the investment activities section[30]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,462[12]. - The company had a total of 4,992,496 shares held in a repurchase account, accounting for 2.05% of circulating shares[13]. - The company has signed a "consensus action agreement" among major shareholders, indicating a unified strategy moving forward[13]. Inventory and Receivables - Accounts receivable increased by 62.95%, primarily due to an increase in receivables from general contracting projects[10]. - Inventory decreased by 98.49%, mainly due to materials in transit for general contracting projects[10]. - The company's inventory as of September 30, 2022, was CNY 268,164.61, a significant decrease from CNY 17,815,831.86 at the end of 2021[27]. - Accounts receivable increased to CNY 266,153,155.47 from CNY 163,334,118.93, representing a growth of 62.9%[16]. Expenses - The company incurred sales expenses of CNY 1,657,857.22 in Q3 2022, compared to CNY 1,144,539.31 in Q3 2021, indicating a rise in sales-related costs[20]. - The company reported a tax expense of CNY 7,342,709.77 for Q3 2022, slightly higher than CNY 7,270,431.80 in Q3 2021[21]. - Research and development expenses for the first three quarters of 2022 were CNY 15,282,881.11, slightly down from CNY 15,638,221.78 in the previous year[28].