Anhui Gourgen(SH:603815)2022-10-24 16:00Major Financial Data Major Accounting Data and Financial Indicators The company demonstrated robust growth in Q3 and the first nine months of 2022, with significant increases in operating revenue and net profit attributable to the parent company | Indicator | Current Period (2022 Q3) (RMB) | Year-to-Date (Jan-Sep 2022) (RMB) | Year-on-Year Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | 1,493,951,048.55 | 4,207,270,008.03 | 34.18% | | Net Profit Attributable to Parent Company Shareholders | 39,046,532.47 | 123,864,515.46 | 47.68% | | Net Profit Attributable to Parent Company Shareholders (Excluding Non-recurring Items) | 36,159,240.55 | 121,009,398.43 | 117.20% | | Basic Earnings Per Share (RMB/share) | 0.06 | 0.20 | 42.86% | | Net Cash Flow from Operating Activities | Not Applicable | -84,497,239.73 | Not Applicable | | Total Assets | 8,733,566,872.71 | 8,733,566,872.71 | 5.89% (vs. Prior Year-End) | | Owners' Equity Attributable to Parent Company Shareholders | 2,119,590,641.12 | 2,119,590,641.12 | 3.17% (vs. Prior Year-End) | Non-recurring Gains and Losses Items and Amounts In the first three quarters of 2022, total non-recurring gains and losses amounted to RMB 2.855 million, mainly from government subsidies | Item | Year-to-Date Amount (RMB) | | :--- | :--- | | Disposal gains/losses of non-current assets | 320,938.08 | | Government subsidies recognized in current profit/loss | 3,721,881.77 | | Gains/losses from changes in fair value | -52,178.12 | | Other non-operating income and expenses | -402,992.91 | | Total | 2,855,117.03 | Analysis of Changes in Major Financial Indicators Profit growth is primarily due to increased operating revenue from higher output, with Q3 non-recurring net profit boosted by acquired subsidiaries - Year-to-date operating revenue increased by 34.18%, primarily due to increased output during the period9 - Net profit attributable to the parent company for the current period (Q3) increased by 88.90%, mainly due to higher operating revenue and net profit9 - Net profit attributable to the parent company after non-recurring items for the current period (Q3) surged by 395.18%, driven by increased operating revenue and net profit from acquired subsidiaries9 Shareholder Information Shareholder Equity Holdings As of the reporting period end, the company had 46,928 common shareholders, with a concentrated equity structure and significant share pledges - Total number of common shareholders at the end of the reporting period was 46,92811 Top Ten Shareholders' Holdings | Shareholder Name | Shareholding Ratio (%) | Share Status | Pledged Shares (Shares) | | :--- | :--- | :--- | :--- | | Xiangyuan Holdings Group Co., Ltd. | 44.32 | Pledged | 136,500,000 | | Yu Faxiang | 2.54 | Pledged | 9,740,000 | | Huangshan Weizhong Investment Management Center (Limited Partnership) | 1.40 | None | 0 | | Yu Shuixiang | 1.18 | Pledged | 5,830,000 | - Controlling shareholder Xiangyuan Holdings and Yu Faxiang are parties acting in concert; Yu Faxiang and Yu Shuixiang are brothers; Xiangyuan Holdings is the executive partner of Weizhong Investment, Qijian Investment, and Xingyuan Investment, indicating related party relationships12 Quarterly Financial Statements Consolidated Balance Sheet As of September 30, 2022, total assets increased by 5.89% to RMB 8.734 billion, with total liabilities rising by 6.49% | Item | September 30, 2022 (RMB) | December 31, 2021 (RMB) | Change | | :--- | :--- | :--- | :--- | | Total Assets | 8,733,566,872.71 | 8,247,927,584.24 | +5.89% | | Total Current Assets | 6,624,639,386.70 | 6,396,332,678.21 | +3.57% | | Total Non-current Assets | 2,108,927,486.01 | 1,851,594,906.03 | +13.90% | | Total Liabilities | 6,515,691,902.99 | 6,118,205,764.50 | +6.49% | | Total Current Liabilities | 5,596,825,520.52 | 5,208,272,098.60 | +7.46% | | Total Non-current Liabilities | 918,866,382.47 | 909,933,665.90 | +0.98% | | Total Owners' Equity | 2,217,874,969.72 | 2,129,721,819.74 | +4.14% | | Total Owners' Equity Attributable to Parent Company | 2,119,590,641.12 | 2,054,484,988.61 | +3.17% | Consolidated Income Statement In the first three quarters of 2022, total operating revenue grew 34.18% to RMB 4.207 billion, with net profit attributable to parent company up 47.68% | Item | Jan-Sep 2022 (RMB) | Jan-Sep 2021 (RMB) | Year-on-Year Change | | :--- | :--- | :--- | :--- | | I. Total Operating Revenue | 4,207,270,008.03 | 3,135,495,570.35 | +34.18% | | II. Total Operating Costs | 4,021,885,367.45 | 3,003,578,014.95 | +33.90% | | Including: Operating Costs | 3,883,450,899.56 | 2,876,999,045.21 | +35.00% | | III. Operating Profit | 163,835,363.77 | 113,384,613.98 | +44.50% | | IV. Total Profit | 167,453,226.57 | 114,243,437.41 | +46.58% | | V. Net Profit | 123,938,932.93 | 85,706,926.77 | +44.61% | | Net Profit Attributable to Parent Company Shareholders | 123,864,515.46 | 83,875,728.48 | +47.68% | | VIII. Basic Earnings Per Share (RMB/share) | 0.20 | 0.14 | +42.86% | Consolidated Cash Flow Statement In the first three quarters of 2022, net cash flow from operating activities improved to -RMB 84.5 million, with positive inflows from investing and financing | Item | Jan-Sep 2022 (RMB) | Jan-Sep 2021 (RMB) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -84,497,239.73 | -506,808,628.05 | | Net Cash Flow from Investing Activities | 24,122,855.71 | -150,311,991.13 | | Net Cash Flow from Financing Activities | 106,661,393.80 | 769,119,575.87 | | Net Increase in Cash and Cash Equivalents | 46,287,009.78 | 111,998,956.69 | | Beginning Cash and Cash Equivalents Balance | 1,123,637,929.21 | 695,630,825.85 | | Ending Cash and Cash Equivalents Balance | 1,169,924,938.99 | 807,629,782.54 |