BLEST(SH:603959)2022-10-27 16:00Financial Performance - The company's operating revenue for Q3 2022 reached ¥902,561,968.71, representing a year-on-year increase of 195.53%[5] - Net profit attributable to shareholders was ¥42,696,856.07, up 265.80% compared to the same period last year[5] - The basic earnings per share increased to ¥0.09, reflecting a growth of 350.00% year-on-year[6] - The net profit for Q3 2022 was CNY 110,718,234.50, a significant increase from CNY 49,288,336.47 in Q3 2021, representing a growth of approximately 124.9%[22] - The company achieved a total profit of CNY 129,698,652.28 in Q3 2022, compared to CNY 58,289,569.19 in Q3 2021, which is an increase of about 122.2%[22] - Earnings attributable to shareholders of the parent company for Q3 2022 were CNY 104,589,574.66, up from CNY 48,425,838.39 in Q3 2021, representing a growth of approximately 116.5%[22] - The company reported a total comprehensive income of CNY 111,678,234.51 for Q3 2022, compared to CNY 48,928,336.47 in Q3 2021, indicating an increase of about 128.3%[23] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥4,060,269,905.07, a 27.05% increase from the end of the previous year[6] - Total assets as of September 30, 2022, were RMB 4,060,269,905.07, compared to RMB 3,195,739,288.08 at the end of 2021, indicating a growth of about 27.0%[19] - Total liabilities increased to RMB 3,271,385,894.84 from RMB 2,518,843,728.42 in 2021, representing a rise of approximately 30.0%[18] Cash Flow - The company reported a net cash flow from operating activities of ¥162,232,280.22, which decreased by 22.58% compared to the same period last year[6] - The company reported a net cash flow from operating activities of CNY 162,232,280.22 for Q3 2022, down from CNY 209,543,175.60 in Q3 2021, reflecting a decrease of approximately 22.6%[26] - Cash and cash equivalents at the end of Q3 2022 totaled CNY 252,238,838.89, up from CNY 115,167,233.55 at the end of Q3 2021, marking an increase of approximately 118.9%[27] - The company's cash and cash equivalents as of September 30, 2022, amounted to RMB 610,468,803.40, up from RMB 402,239,831.50 at the end of 2021, reflecting a growth of approximately 51.7%[16] Operating Costs and Expenses - The company’s gross profit margin improved, with operating costs rising by 226.60% due to increased project costs[10] - Total operating costs for the first three quarters of 2022 were RMB 1,766,061,395.06, compared to RMB 645,076,719.71 in 2021, indicating an increase of about 174.8%[21] - The company's research and development expenses for the first three quarters of 2022 were RMB 40,314,274.39, down from RMB 47,422,178.15 in 2021, indicating a decrease of about 15.4%[21] - The company incurred a total tax expense of CNY 18,980,417.78 in Q3 2022, compared to CNY 9,001,232.72 in Q3 2021, reflecting an increase of approximately 110.0%[22] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 14,407[12] - The company’s weighted average return on equity was 5.83%, an increase of 7.39 percentage points compared to the previous year[6] - The total equity attributable to shareholders as of September 30, 2022, was RMB 754,897,309.77, compared to RMB 649,491,735.11 at the end of 2021, reflecting an increase of approximately 16.2%[19] Government Support - Government subsidies recognized during the period amounted to ¥852,653.96, contributing to a 218.40% increase in other income[11] Investment Activities - Investment activities resulted in a net cash outflow of CNY 78,232,902.42 for Q3 2022, compared to a net outflow of CNY 68,836,893.65 in Q3 2021, showing an increase in investment expenditure[27] Future Plans - The company plans to expand its operations, as indicated by a significant increase in leasing liabilities by 438.53% due to new rental spaces[10]