RTGF(SH:605133)2022-10-20 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥420,962,961.54, representing a year-on-year increase of 62.06% compared to ¥253,802,488.04 in the same period last year[6]. - The net profit attributable to shareholders was ¥40,117,194.74, a significant increase of 172.61% from ¥18,599,959.53 in the previous year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥35,618,981.27, up 405.00% from ¥9,281,143.03 in the same period last year[6]. - The basic earnings per share for the quarter was ¥0.25, an increase of 177.78% compared to ¥0.12 in the same period last year[6]. - Net profit for the third quarter of 2022 was ¥93,996,176.29, compared to ¥78,803,018.60 in the same quarter of 2021, representing a growth of 19.3%[26]. - The total comprehensive income for the third quarter of 2022 was ¥144,205,890.87, compared to ¥70,315,518.45 in the same period of 2021, reflecting a substantial increase[26]. - Basic and diluted earnings per share for Q3 2022 were both CNY 0.57, up from CNY 0.52 in Q3 2021, representing a 9.62% increase[27]. Assets and Liabilities - The total assets of the company increased by 59.14% to ¥3,448,958,686.34 from ¥2,167,282,757.57 at the end of the previous year[7]. - The company's total assets as of the third quarter of 2022 amounted to ¥3,448,958,686.34, significantly higher than ¥2,167,282,757.57 in the previous year[22]. - Total liabilities increased to ¥1,593,036,080.46 in the third quarter of 2022, compared to ¥517,198,038.97 in the same period of 2021[22]. - The company's equity attributable to shareholders reached ¥1,801,584,723.37, up from ¥1,650,084,718.60 year-over-year[22]. - As of September 30, 2022, total current assets reached RMB 1.85 billion, an increase from RMB 1.04 billion at the end of 2021[20]. Cash Flow - The net cash flow from operating activities decreased by 49.58% to ¥58,323,506.46, down from ¥101,937,694.29 in the same period last year[11]. - Cash inflow from operating activities for the first three quarters of 2022 was CNY 981,012,711.23, compared to CNY 753,139,746.63 in the same period of 2021, marking a 30.19% increase[27]. - Net cash flow from operating activities decreased to CNY 58,323,506.46 in 2022 from CNY 115,670,541.44 in 2021, a decline of 49.51%[27]. - Total cash inflow from investment activities was CNY 960,356,981.22 in 2022, significantly higher than CNY 144,846,820.97 in 2021, indicating a growth of 563.73%[28]. - Net cash flow from investment activities was negative CNY 833,503,395.90 in 2022, worsening from negative CNY 359,318,478.52 in 2021[28]. - Cash inflow from financing activities totaled CNY 901,845,156.26 in 2022, slightly up from CNY 889,830,760.98 in 2021, an increase of 1.14%[28]. - Net cash flow from financing activities improved to CNY 722,604,891.42 in 2022 from CNY 322,861,616.76 in 2021, a growth of 123.93%[28]. - The cash and cash equivalents at the end of Q3 2022 were CNY 107,640,426.78, down from CNY 129,215,930.31 at the end of Q3 2021, a decrease of 16.67%[28]. - The company reported a net increase in cash and cash equivalents of negative CNY 1,444,827.71 for Q3 2022, contrasting with a positive increase of CNY 68,004,020.47 in Q3 2021[28]. Investments and Acquisitions - The company issued convertible bonds and acquired Hebei Lizhun Machinery Manufacturing Co., which contributed to the increase in total assets[11]. - The company issued 6.5067 million convertible bonds with a total amount of RMB 650.67 million, net proceeds after fees were RMB 639.59 million[16]. - The company signed a development agreement with BYD for motor housings, with an estimated project lifecycle of 5 years and an average annual value of approximately RMB 300 million[16]. - The company acquired 53% equity in Hebei Lizhun Machinery Manufacturing Co., Ltd. for RMB 190.8 million, making it a subsidiary included in the consolidated financial statements[17]. Research and Development - Research and development expenses for the third quarter of 2022 were ¥44,406,148.27, compared to ¥33,908,026.98 in the same quarter of 2021, indicating a 31% increase[25]. Other Financial Metrics - The weighted average return on equity for the quarter was 2.33%, an increase of 1.14 percentage points from 1.19% in the previous year[7]. - The company reported a financial expense of -¥10,480,010.18 in the third quarter of 2022, a significant change from ¥8,941,632.26 in the previous year[25]. - Other comprehensive income after tax for the third quarter of 2022 was ¥50,209,714.58, compared to a loss of -¥8,487,500.15 in the same quarter of 2021[26]. - Total revenue for the first three quarters of 2022 reached ¥1,055,600,060.67, an increase of 28.8% compared to ¥819,130,614.01 in the same period of 2021[24]. - Total operating costs for the first three quarters of 2022 were ¥952,519,433.03, up from ¥739,625,064.81 in 2021, reflecting a 28.7% increase[24].