KSHG(SH:605333)2022-10-27 16:00Financial Performance - The company's operating revenue for the third quarter reached ¥945,162,876.69, an increase of 44.12% compared to the same period last year[7]. - The net profit attributable to shareholders was ¥19,554,477.20, reflecting a slight increase of 1.69% year-on-year, while the net profit after deducting non-recurring gains and losses decreased by 63.08%[7]. - Total operating revenue for the first three quarters of 2022 reached ¥2,327,295,657.20, a significant increase of 42.0% compared to ¥1,640,424,390.75 in the same period of 2021[22]. - Net profit for the first three quarters of 2022 was ¥16,746,092.71, down 63.0% from ¥45,352,350.02 in the previous year[23]. - The company reported a decrease in comprehensive income to ¥17,033,908.40, down 62.3% from ¥45,207,398.96 in the same period of 2021[23]. - Basic and diluted earnings per share for the first three quarters of 2022 were both ¥0.04, compared to ¥0.11 in the same period of 2021[23]. Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥4,211,010,346.02, representing a 44.00% increase compared to the end of the previous year[8]. - The company's current assets amounted to RMB 2,596,993,802.90, up from RMB 1,898,367,687.43, indicating a year-over-year increase of about 36.8%[16]. - Total liabilities increased to RMB 2,750,649,727.58 from RMB 2,172,961,394.02, representing a rise of about 26.5%[20]. - The company reported a significant increase in fixed assets, which rose to RMB 1,039,279,494.70 from RMB 726,848,018.15, a growth of approximately 42.9%[19]. Shareholder Equity - The equity attributable to shareholders increased by 94.36% to ¥1,460,360,618.44, primarily due to the completion of a private placement of shares during the year[8]. - The company's equity attributable to shareholders rose to RMB 1,460,360,618.44 from RMB 751,385,290.35, indicating an increase of approximately 94.3%[20]. - The company had a total of 7,575 common shareholders at the end of the reporting period, with the top ten shareholders holding significant stakes[12]. Cash Flow - The company reported a net cash flow from operating activities of -¥221,886,453.72 for the year-to-date period, indicating cash outflows due to increased raw material purchases[7]. - The net cash flow from operating activities for the first three quarters of 2022 was negative at -¥221,886,453.72, compared to -¥43,682,424.97 in the same period of 2021[25]. - The net cash flow from investing activities was -$553.8 million, compared to -$141.8 million in the previous year[27]. - The total cash inflow from financing activities was $1.48 billion, significantly higher than $520.3 million in the same period last year[27]. - The net cash flow from financing activities reached $938.9 million, up from $169.8 million year-over-year[27]. - The cash and cash equivalents at the end of the period totaled $200.4 million, an increase from $17.7 million in the previous year[27]. - The company reported a cash outflow of $542.1 million from financing activities, compared to $350.5 million last year[27]. - The cash inflow from borrowings was $784 million, compared to $520.3 million in the previous year[27]. - The cash outflow for the acquisition of fixed assets and other long-term assets was $557 million, up from $145.1 million year-over-year[27]. - The company’s cash and cash equivalents increased by $163.2 million during the period, contrasting with a decrease of $15.7 million in the previous year[27]. Costs and Expenses - The company experienced a significant decline in net profit due to rising raw material and labor costs, as well as losses from a newly established wholly-owned subsidiary[10]. - Total operating costs for the first three quarters of 2022 were ¥2,324,882,197.15, up 45.4% from ¥1,600,534,081.16 in the previous year[22]. - Research and development expenses increased to ¥113,268,077.44, representing a rise of 39.2% from ¥81,336,232.04 in the prior year[22]. - The company’s financial expenses rose to ¥34,832,926.52, an increase of 43.4% from ¥24,273,810.58 in the same period of 2021[22]. - The company’s tax expenses for the first three quarters of 2022 were ¥2,047,306.28, down from ¥4,927,417.19 in the previous year[23]. Future Plans - The company plans to expand its production capacity and launch new projects to drive future revenue growth[10]. - The company has not disclosed any new product developments or market expansion strategies in the current report[15].