AIHUA GROUP(SH:603989)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥834,750,926.26, a decrease of 3.67% compared to the same period last year[7]. - Net profit for the quarter was ¥102,404,976.09, down 18.05% year-over-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥89,584,258.71, a decrease of 14.87% compared to the previous year[7]. - The basic earnings per share for the quarter was ¥0.2560, reflecting an 18.16% decline year-over-year[10]. - The diluted earnings per share was ¥0.2557, down 17.22% compared to the same period last year[10]. - The weighted average return on equity was 3.56%, a decrease of 0.94 percentage points year-over-year[10]. - Total operating revenue for the first three quarters of 2022 reached ¥2,614,631,426.69, an increase of 9.8% compared to ¥2,380,617,764.82 in the same period of 2021[42]. - The total profit for the period was CNY 395,868,687.15, a decrease from CNY 419,784,624.24 in the previous period, representing a decline of approximately 5.4%[44]. - The net profit attributable to shareholders of the parent company was CNY 340,138,543.92, down from CNY 356,904,373.48, reflecting a decrease of about 4.7%[46]. - Basic earnings per share were CNY 0.8497, compared to CNY 0.8963 in the previous period, indicating a decline of approximately 5.2%[46]. Assets and Liabilities - Total assets at the end of the reporting period were ¥5,497,190,511.09, an increase of 5.07% from the end of the previous year[10]. - The total assets of the company reached ¥5,497,190,511.09 as of September 30, 2022, up from ¥5,231,763,147.47 at the end of 2021, reflecting an increase of 5.1%[36]. - Total liabilities increased to ¥2,207,235,180.93, compared to ¥2,140,912,484.79 at the end of 2021, representing a rise of 3.1%[38]. - The equity attributable to shareholders was ¥3,246,549,324.66, up 6.47% compared to the end of last year[10]. Cash Flow - Cash flow from operating activities for the year-to-date was ¥167,987,729.18, down 47.89% year-over-year[7]. - Cash flow from operating activities was CNY 167,987,729.18, down from CNY 322,366,650.52, a decrease of about 47.9%[52]. - The cash and cash equivalents at the end of the period amounted to CNY 271,556,018.54, compared to CNY 236,707,492.56 at the end of the previous period, an increase of approximately 14.7%[53]. - The company's cash and cash equivalents increased to ¥271,556,018.54 as of September 30, 2022, compared to ¥178,045,011.24 at the end of 2021, representing a growth of 52.5%[36]. - The net cash flow from investing activities was negative at CNY -27,857,278.54, an improvement from CNY -302,997,126.22 in the previous period[52]. - The company reported a decrease in cash outflows for operating activities, totaling CNY 1,688,875,112.12, compared to CNY 1,330,030,190.42 in the previous period, an increase of about 27%[52]. - The company received CNY 150,000,000.00 from financing activities, significantly higher than CNY 35,000,000.00 in the previous period, indicating a growth of approximately 328.6%[52]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 15,180[18]. - The largest shareholder, Hunan Aihua Holdings Co., Ltd., holds 190,313,063 shares, accounting for 47.48% of the total shares[18]. - Wang An'an, the second-largest shareholder, holds 63,260,438 shares, representing 15.78% of the total shares[18]. - The company has 9,244,358 shares held by the National Social Security Fund, accounting for 2.31% of the total shares[18]. - The company has 9,111,279 shares held by Da Cheng Fund Management Co., Ltd., representing 2.27% of the total shares[18]. Investments and Projects - The cumulative investment in the relocation and expansion project of the subsidiary Mianyang Zijiang Electronics Co., Ltd. reached 65.49 million RMB by the end of the reporting period[29]. - The company plans to invest approximately 150 million RMB in the expansion project[29]. - The company completed a share buyback of 2,350,743 shares, which is 0.59% of the total share capital, at an average price of 32.27 RMB per share[29]. - The company has not exercised the early redemption rights for the "Aihua Convertible Bonds" due to current market conditions[29]. - The company is progressing on the construction and renovation of the new facility, with the main construction completed and undergoing final inspections[29]. Operating Costs and Expenses - Total operating costs for the first three quarters of 2022 were ¥2,265,891,025.63, up from ¥2,035,028,635.45 in the previous year, reflecting a year-on-year increase of 11.3%[42]. - Operating profit for the first three quarters of 2022 was ¥396,137,237.42, a decrease of 5.3% from ¥418,548,445.44 in the same period of 2021[42]. - The company reported a decrease in research and development expenses to ¥125,466,338.80 from ¥134,712,146.26 in the previous year, a reduction of 6.5%[42]. - Accounts receivable rose to ¥974,470,736.43, up from ¥939,466,418.88, indicating a year-on-year increase of 3.7%[36]. - Inventory levels increased to ¥842,448,517.63, compared to ¥802,181,559.05 at the end of 2021, marking a growth of 5.0%[36].