PAIKE(SH:605123)2022-10-27 16:00Financial Performance - The company's operating revenue for Q3 2022 was approximately ¥854.22 million, representing a year-on-year increase of 100.04%[7] - The net profit attributable to shareholders for Q3 2022 was approximately ¥121.69 million, an increase of 68.74% compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2022 was approximately ¥120.95 million, up 76.77% year-on-year[7] - The basic earnings per share for Q3 2022 was ¥1.1268, reflecting a growth of 68.74% compared to the previous year[10] - The company reported a year-to-date net profit attributable to shareholders of approximately ¥350.95 million, reflecting a year-on-year increase of 64.51%[19] - Total operating revenue for Q3 2022 reached ¥2,111,671,943.34, a significant increase from ¥1,191,147,472.91 in the same period of 2021, representing an increase of approximately 77.1%[40] - Net profit for Q3 2022 was ¥350,951,197.44, compared to ¥213,332,739.85 in Q3 2021, indicating a growth of approximately 64.4%[43] - The total comprehensive income attributable to the parent company reached ¥350,935,009.41, compared to ¥213,308,257.69 in the previous year, reflecting a significant increase[46] Assets and Liabilities - The total assets at the end of Q3 2022 amounted to approximately ¥5.68 billion, an increase of 81.28% from the previous year[10] - The total assets as of Q3 2022 were ¥5,679,049,648.81, compared to ¥3,132,798,046.14 in Q3 2021, marking an increase of approximately 81.5%[36] - Total liabilities increased to ¥1,951,928,931.76 in Q3 2022 from ¥1,308,447,592.64 in Q3 2021, representing a growth of about 49.2%[36] - The company's total liabilities rose to ¥1,950,337,403.64, an increase of 49.2% from ¥1,307,309,925.06 year-over-year[57] - The total current asset of the company was ¥4,720,281,933.43, significantly higher than ¥2,303,055,781.91 from the previous year[32] Shareholder Information - The equity attributable to shareholders at the end of Q3 2022 was approximately ¥3.73 billion, up 104.30% year-on-year[10] - The equity attributable to shareholders of the parent company rose to ¥3,727,120,717.05 in Q3 2022, up from ¥1,824,350,453.50 in Q3 2021, indicating an increase of approximately 104.8%[36] - The total number of common shareholders at the end of the reporting period is 9,235, with the largest shareholder holding 37.29% of the shares[21] - The largest shareholder, Zong Liping, holds 40,270,000 shares, accounting for 37.29% of the total shares[21] Cash Flow and Investments - The net cash flow from operating activities for the first nine months of 2022 was negative at approximately -¥190.00 million, a decrease of 250.24% compared to the same period last year[10] - Cash inflow from operating activities totaled ¥1,120,923,846.04, compared to ¥832,963,264.90 in the previous year, representing a year-over-year increase of approximately 34.5%[50] - The net cash outflow from operating activities was ¥190,002,659.65, worsening from a net outflow of ¥54,249,086.44 in the previous year[50] - The company reported a net cash inflow from financing activities of ¥1,727,871,873.20, a turnaround from a net outflow of ¥120,355,594.96 in the same period last year[52] - The total cash inflow from investment activities was ¥111,419,314.42, down from ¥524,431,079.42 in the previous year, indicating a decrease of approximately 78.8%[50] Inventory and Accounts Receivable - The company experienced a significant increase in inventory and accounts receivable due to business growth in the aerospace and aviation sectors[18] - Accounts receivable rose to ¥1,278,557,215.54, up from ¥615,506,131.30 in the previous year, indicating increased sales activity[32] - Inventory levels increased to ¥708,142,813.17 from ¥499,097,917.53, reflecting a strategy to support anticipated sales growth[32] - The company’s inventory increased to ¥708,142,813.17 from ¥499,097,917.53, reflecting a growth of about 42% year-over-year[52] Research and Development - Research and development expenses in Q3 2022 amounted to ¥85,638,634.34, an increase from ¥55,398,397.12 in Q3 2021, showing a rise of about 54.6%[40] - Research and development expenses for the first three quarters of 2022 were ¥85,638,634.34, representing a 54.5% increase from ¥55,398,397.12 in the same period of 2021[57] - The company is focused on expanding its market presence and enhancing its product offerings through ongoing research and development efforts[28] - The company has plans for market expansion and new product development, as indicated by the increase in R&D expenses and overall revenue growth[57] Corporate Structure and Taxation - The company has obtained a high-tech enterprise certificate, allowing it to enjoy a preferential corporate income tax rate of 15% for three consecutive years[19] - The company has established relationships among major shareholders, indicating potential strategic alignments for future initiatives[27] - The company successfully raised a total of ¥1,599,999,960.16 through a non-public offering, with a net amount of ¥1,582,939,254.14 after deducting issuance costs[28] - The company has a total of 13,170,892 new shares registered following the non-public offering, enhancing its capital structure[28]