兴业股份(603928) - 2022 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2022 was ¥415,821,926.63, a decrease of 17.21% compared to the same period last year[5] - The net profit attributable to shareholders was ¥26,572,776.21, down 17.58% year-on-year[5] - The basic earnings per share for the period was ¥0.13, reflecting an 18.75% decrease compared to the previous year[6] - The net profit after deducting non-recurring gains and losses was ¥26,122,724.87, a decrease of 15.33% year-on-year[5] - Total operating revenue for the first three quarters of 2022 was CNY 1,371,229,264.33, a decrease of 3.3% from CNY 1,417,935,757.01 in the same period of 2021[22] - Net profit for the third quarter of 2022 was CNY 88,569,914.91, an increase of 2.5% compared to CNY 86,359,145.03 in the same quarter of 2021[23] - The company reported a gross profit margin of approximately 6.7% for the first three quarters of 2022, down from 6.8% in 2021[22] - The total comprehensive income for the third quarter of 2022 was approximately ¥88.57 million, compared to ¥86.36 million in the same period of 2021, representing an increase of about 2.5%[24] - Basic and diluted earnings per share for the third quarter of 2022 were both ¥0.44, up from ¥0.43 in the previous year, indicating a growth of approximately 2.3%[24] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥1,973,029,353.77, representing a 4.41% increase from the end of the previous year[6] - Total assets as of September 30, 2022, amounted to CNY 1,973,029,353.77, up from CNY 1,889,770,985.73 at the end of 2021[18] - Total liabilities as of September 30, 2022, were CNY 562,679,214.19, compared to CNY 366,884,554.59 at the end of 2021[19] - Current assets totaled CNY 1,370,227,467.18 as of September 30, 2022, an increase from CNY 1,286,769,262.26 in the previous year[17] Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥23,020,986.35, primarily due to increased cash payments for raw materials[9] - Cash inflow from operating activities for the first three quarters of 2022 was approximately ¥1.58 billion, an increase of about 5.2% from ¥1.50 billion in the same period of 2021[26] - The net cash flow from operating activities for the first three quarters of 2022 was a negative ¥23.02 million, a decline from a positive ¥3.82 million in the same period of 2021[26] - The company reported a total cash outflow from operating activities of approximately ¥1.62 billion for the first three quarters of 2022, compared to ¥1.51 billion in the same period of 2021, reflecting an increase of about 7.4%[26] - Cash inflow from investment activities for the first three quarters of 2022 was approximately ¥469.16 million, compared to ¥274.17 million in the same period of 2021, showing an increase of about 71.1%[27] - The net cash flow from investment activities for the first three quarters of 2022 was a negative ¥5.33 million, down from a positive ¥47.81 million in the same period of 2021[27] - Cash inflow from financing activities for the first three quarters of 2022 was approximately ¥262.84 million, with a net cash flow from financing activities of ¥58.93 million, compared to a negative cash flow of ¥30.24 million in the same period of 2021[27] - The cash and cash equivalents at the end of the third quarter of 2022 amounted to approximately ¥38.94 million, an increase from ¥30.10 million at the end of the same period in 2021[27] Investments and Projects - The company plans to invest ¥3 billion in a project to build a production facility for 200,000 tons of specialty phenolic resin in Jiangsu Province[13] - The project is currently in the preliminary approval stage, with necessary permits and approvals being processed[13] Research and Development - Research and development expenses for the first three quarters of 2022 were CNY 48,559,768.83, compared to CNY 45,573,078.92 in the same period of 2021[23] Government Support - The company received government subsidies amounting to ¥648,292.13 during the reporting period[8] - The company received tax refunds of approximately ¥18.86 million in the first three quarters of 2022, compared to ¥5.97 million in the same period of 2021, indicating a significant increase of about 215%[26] Inventory and Cash Equivalents - The company’s cash and cash equivalents stood at CNY 51,541,543.54 as of September 30, 2022, compared to CNY 25,150,676.34 in the previous year[17] - The company’s inventory as of September 30, 2022, was CNY 87,352,760.01, a decrease from CNY 93,214,853.84 in the previous year[17] -