德宏股份(603701) - 2022 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2022 was ¥124,329,235.38, representing a decrease of 7.09% compared to the same period last year[5] - The net profit attributable to shareholders was -¥413,615.78, a decline of 107.71% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥2,562,245.17, down 163.20% from the previous year[5] - Total operating revenue for the first three quarters of 2022 was CNY 357,015,903.94, a decrease of 20.6% compared to CNY 449,855,962.69 in the same period of 2021[22] - Net profit for Q3 2022 was CNY 15,912,753.08, a decline of 46.4% from CNY 29,816,879.17 in Q3 2021[23] - Earnings per share for Q3 2022 was CNY 0.05, compared to CNY 0.11 in Q3 2021[24] Cash Flow - The cash flow from operating activities for the year-to-date was ¥47,139,898.03, an increase of 44.27%[6] - Cash flow from operating activities for the first three quarters of 2022 was CNY 47,139,898.03, an increase of 44.2% from CNY 32,675,199.05 in the same period of 2021[27] - Cash received from sales of goods and services in Q3 2022 was CNY 253,169,981.85, down 13.0% from CNY 290,943,408.70 in Q3 2021[27] - The net cash flow from investing activities was -$75,727,019.70, a significant decrease compared to -$12,683,712.56 in the previous year[28] - Total cash inflow from financing activities was $12,299,792.03, down from $20,000,000.00 in the same quarter last year[28] - The net cash flow from financing activities was -$1,710,823.61, an improvement from -$31,110,092.15 year-over-year[28] - The company experienced a net decrease in cash and cash equivalents of -$29,854,605.96, compared to -$11,119,426.72 in the same quarter last year[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥986,683,463.87, an increase of 2.92% compared to the end of the previous year[6] - The company's total liabilities and equity as of Q3 2022 were CNY 986,683,463.87, an increase from CNY 958,688,806.17 at the end of 2021[20] - The total liabilities increased to RMB 225,693,857.85 from RMB 214,301,964.52, marking an increase of about 5.5%[19] - The company's cash and cash equivalents decreased to RMB 94,988,329.16 from RMB 125,635,092.07, representing a decline of about 24.4% year-over-year[17] - Accounts receivable stood at RMB 138,853,349.23, down from RMB 164,691,423.21, indicating a reduction of approximately 15.7%[18] - Inventory levels rose to RMB 136,117,779.40 from RMB 128,121,755.58, showing an increase of approximately 6.2%[18] Shareholder Information - The equity attributable to shareholders was ¥743,508,143.09, a slight decrease of 0.12% from the previous year[6] - The number of shares held by the top ten unrestricted shareholders totaled 261,361,901 shares, with Ningbo Zhenhai Investment Co., Ltd. being the largest shareholder at 78,780,000 shares, representing 30.1% of total shares[13] - The company's total equity attributable to shareholders was CNY 743,508,143.09, slightly down from CNY 744,386,841.65 in the previous period[20] Investment and Joint Ventures - The company established a joint venture, Zhejiang Zheneng Technology Co., with a registered capital of RMB 20 million, where the company holds a 60% stake[15] - The company’s long-term equity investments were valued at RMB 48,499,021.47, slightly down from RMB 48,996,242.71, reflecting a decrease of about 1.0%[18] Research and Development - Research and development expenses for the first three quarters of 2022 were CNY 12,951,609.75, a decrease of 22.4% from CNY 16,645,806.16 in the previous year[22] Other Financial Metrics - The basic earnings per share for the current period was ¥0.00, a decrease of 100% compared to ¥0.05 in the previous year[6] - The diluted earnings per share also stood at ¥0.00, reflecting a 100% decline from the previous year[6] - The weighted average return on net assets decreased by 2.49 percentage points to -0.06%[6] - The company's other payables increased significantly to RMB 23,876,076.23 from RMB 6,112,343.96, indicating a rise of approximately 290%[19] - The company reported a significant decline in net profit due to decreased sales revenue and rising raw material prices[10] Accounting Standards - The company is not applying new accounting standards or interpretations for the current year, ensuring consistency in financial reporting[28]