春秋电子(603890) - 2022 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2022 was ¥1,158,388,666.58, representing a year-on-year increase of 33.79%[6] - The net profit attributable to shareholders for the same period was ¥75,708,472.50, up 31.22% year-on-year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥92,104,266.90, an increase of 77.50% compared to the previous year[6] - The net profit for Q3 2022 was ¥188,940,566.95, a decrease of 17% compared to ¥227,434,337.31 in Q3 2021[23] - The net profit attributable to shareholders of the parent company was ¥197,981,547.78, down from ¥229,981,072.61, representing a decline of approximately 14%[23] - The basic earnings per share for Q3 2022 was ¥0.17, a 14.79% increase compared to the same period last year[6] - The basic earnings per share for Q3 2022 was ¥0.45, compared to ¥0.58 in the same period last year, reflecting a decrease of about 22%[23] - Total operating revenue for the first three quarters of 2022 reached ¥3,045,316,831.64, an increase of 4.1% compared to ¥2,925,197,000.37 in the same period of 2021[22] - Operating profit for the first three quarters of 2022 was ¥230,988,324.86, slightly up from ¥222,326,896.51 in the previous year[22] - Net profit for the first three quarters of 2022 was ¥188,940,566.95, compared to ¥227,434,337.31 in the same period of 2021, reflecting a decrease of 17.0%[22] Assets and Liabilities - The total assets at the end of the reporting period reached ¥5,782,749,466.59, reflecting a growth of 12.85% from the end of the previous year[6] - Total assets as of September 30, 2022, amounted to ¥5,782,749,466.59, an increase from ¥5,124,230,105.53 at the end of 2021[19] - Current assets totaled ¥3,339,902,226.04, up from ¥3,023,434,896.30 at the end of 2021, indicating a growth of 10.5%[18] - The total liabilities as of September 30, 2022, were ¥2,924,906,105.68, an increase from ¥2,423,150,104.25 at the end of 2021, indicating a growth of 20.8%[19] Cash Flow - The company reported a net cash flow from operating activities of ¥146,130,039.28, which decreased by 37.65% year-on-year[6] - The net cash flow from operating activities decreased to ¥146,130,039.28 from ¥234,359,091.71, a decline of approximately 38%[25] - Cash inflow from operating activities for the first three quarters of 2022 was ¥3,572,294,082.85, slightly up from ¥3,545,101,905.26 in the previous year[25] - The total cash outflow from investing activities was ¥522,309,573.94, compared to ¥508,470,260.59 in the previous year, indicating a slight increase[26] - The net cash flow from financing activities was ¥10,181,363.17, a significant drop from ¥625,867,241.08 in the same period last year[26] - The cash and cash equivalents at the end of Q3 2022 were ¥627,751,344.65, down from ¥936,943,158.06 at the end of Q3 2021, a decrease of about 33%[26] - The company received cash from investment of ¥52,500,000.00 in Q3 2022, compared to ¥589,999,990.01 in the same period last year, showing a significant reduction[26] - The company reported a cash inflow from the recovery of investments amounting to ¥291,362,319.60, compared to ¥68,748,310.47 in the previous year, indicating a substantial increase[25] Financing and Investments - The company experienced a significant increase in accounts receivable financing, which rose by 452.27% to ¥36,518,032.15[10] - Short-term borrowings increased by 33.44% to ¥917,370,571.99 to meet operational needs[10] - Long-term borrowings increased by 65.21% to ¥115,455,819.59, primarily due to the need for long-term financing to support business operations[11] - The company plans to publicly issue convertible bonds not exceeding ¥570 million for the automotive electronic magnesium-aluminum structural component project, marking a significant milestone[15] - The company’s investment income showed a significant loss of ¥27,991,466.47, a decline of 558.22% compared to the previous period, primarily due to the impact of forward foreign exchange settlements[11] - The company reported a decrease in investment income, with a loss of ¥27,991,466.47 compared to a gain of ¥6,108,746.71 in the previous year[22] Research and Development - Research and development expenses for the first three quarters of 2022 were ¥132,706,739.02, up from ¥108,885,407.33 in the same period of 2021, reflecting a growth of 21.9%[22] - The company has successfully mastered "semi-solid injection molding" technology, creating industry barriers and enhancing its competitive edge in magnesium-aluminum alloy applications[16] - The company is focusing on the lightweight trend in the automotive industry, leveraging its technological advantages in magnesium alloys for various applications in new energy vehicles[16] Shareholder Information - The company’s minority shareholders' equity increased by 52.62% to ¥152,682,889.80, influenced by capital increases in non-wholly-owned subsidiaries[11] - The company’s total number of ordinary shareholders at the end of the reporting period was 22,916[13] Expenses - Sales expenses rose by 146.39% to ¥28,506,560.03, mainly due to increased consulting fees during the reporting period[11] - The goodwill increased by 52.93% to ¥36,229,152.42 due to the acquisition of Dongguan Yingmai[10] - Inventory increased to ¥886,634,126.90 from ¥767,838,953.27, representing a rise of 15.4%[18]