嘉澳环保(603822) - 2022 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2022 was CNY 1,111,418,366.96, representing a year-on-year increase of 111.18%[5] - The net profit attributable to shareholders for Q3 2022 was a loss of CNY 18,830,072.56, a decrease of 167.52% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2022 was a loss of CNY 21,082,961.55, a decrease of 176.34% year-on-year[5] - The basic earnings per share for Q3 2022 was -CNY 0.2567, down 167.09% from the previous year[6] - The diluted earnings per share for Q3 2022 was -CNY 0.2567, a decrease of 168.57% compared to the same period last year[6] - The weighted average return on equity for Q3 2022 was -2.05%, a decrease of 5.32 percentage points year-on-year[6] - Net profit for the third quarter of 2022 was ¥37,313,834.37, down from ¥72,722,502.28 in the same quarter of 2021, reflecting a decrease of approximately 48.8%[20] - Basic earnings per share for the third quarter of 2022 were ¥0.4933, down from ¥0.9815 in the same quarter of 2021, reflecting a decrease of approximately 49.8%[21] Assets and Liabilities - The total assets at the end of Q3 2022 were CNY 3,075,082,938.40, an increase of 24.89% compared to the end of the previous year[6] - The equity attributable to shareholders at the end of Q3 2022 was CNY 1,109,691,781.90, up 22.80% from the end of the previous year[6] - Current assets as of September 30, 2022, amount to ¥1,469,966,540.54, an increase from ¥1,100,608,288.56 at the end of 2021[16] - Total assets as of September 30, 2022, are ¥3,075,082,938.40, compared to ¥2,462,166,561.49 at the end of 2021, reflecting an increase of about 25%[17] - The total liabilities of the company as of the third quarter of 2022 were ¥1,931,118,178.63, compared to ¥1,525,395,623.94 in the previous year, representing an increase of approximately 26.5%[18] - The company’s total liabilities as of September 30, 2022, are not explicitly stated but can be inferred from the current and non-current liabilities reported[17] - Total liabilities stood at CNY 1,525,395,623.94, remaining stable compared to the previous reporting period[29] Cash Flow - The net cash flow from operating activities for the year-to-date was -CNY 336,191,300.96, reflecting increased inventory and delayed receivables[6] - The company's net cash flow from operating activities for the first three quarters of 2022 was negative at -¥336,191,300.96, contrasting with a positive cash flow of ¥158,843.87 in the same period of 2021[23] - The company reported a total cash inflow from operating activities of ¥2,416,693,052.64 for the first three quarters of 2022, compared to ¥1,581,620,832.07 in 2021, an increase of about 52.8%[23] - The company reported a net cash outflow from investment activities of CNY -251,237,427.75, compared to CNY -179,177,045.95 in the previous year, indicating an increase in investment expenditures[24] - Cash inflow from financing activities totaled CNY 1,524,240,869.67, significantly higher than CNY 789,464,435.99 in the same period last year, reflecting increased borrowing and capital raising efforts[24] - The net cash flow from financing activities was CNY 372,581,523.04, a substantial increase from CNY 46,423,122.94 year-over-year, highlighting improved liquidity management[24] Shareholder Information - Total number of common shareholders at the end of the reporting period is 9,397[13] - The largest shareholder, Tongxiang Shunchang Investment Co., Ltd., holds 29,835,498 shares, accounting for 38.54% of total shares[14] Inventory and Expenses - Inventory as of September 30, 2022, is ¥770,087,792.94, up from ¥519,403,355.06 at the end of 2021, indicating a growth of approximately 48.2%[16] - The company incurred sales expenses of ¥10,699,614.12 in the third quarter of 2022, compared to ¥6,816,001.37 in the same quarter of 2021, representing an increase of approximately 56.5%[20] - Research and development expenses for the third quarter of 2022 amounted to ¥62,643,378.11, up from ¥39,775,181.53 in the previous year, marking an increase of about 57.5%[20] Market and Strategic Insights - The company attributed the revenue growth to strong demand in the biomass energy market, while the net profit decline was due to reduced sales and increased costs in the plasticizer segment[10] - The company implemented new accounting standards starting January 1, 2022, which may affect financial reporting and comparability[24] - The company reported a significant increase in cash received from borrowings, totaling CNY 1,096,446,763.00, compared to CNY 775,863,327.41 in the previous year, indicating a strategic focus on leveraging debt for growth[24]