KSHG(SH:605333)2022-10-28 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 total to ¥17,033,908.40, down 62.3% from ¥45,207,398.96 in the previous year[23]. - Basic earnings per share for the reporting period were ¥0.05, a decrease of 63.64% compared to the previous year[8]. - The basic and diluted earnings per share for the first three quarters of 2022 were both ¥0.04, a decrease from ¥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 totaled RMB 2,596,993,802.90, up from RMB 1,898,367,687.43 in the previous year, indicating a year-over-year increase of about 36.8%[19]. - The company's total liabilities amounted to RMB 2,750,649,727.58, up from RMB 2,172,961,394.02, representing an increase of about 26.5%[20]. - 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 equity attributable to shareholders reached RMB 1,460,360,618.44, a significant rise from RMB 751,385,290.35, indicating an increase of approximately 94.3%[20]. Cash Flow - The cash flow from operating activities showed a net outflow of ¥221,886,453.72, attributed to increased procurement of raw materials and a slower cash collection from customers[10]. - The net cash flow from operating activities for the first three quarters of 2022 was -¥221,886,453.72, compared to -¥43,682,424.97 in the previous year, indicating a worsening cash flow situation[25]. - The total cash inflow from financing activities reached 1,481,051,878.56, significantly higher than 520,300,000.00 in the same period last year[27]. - The net cash flow from financing activities was 938,948,651.71, up from 169,846,610.90 year-over-year[27]. - The cash and cash equivalents at the end of the period totaled 200,414,872.60, compared to 17,668,667.05 at the end of the previous year[27]. - The company experienced a net increase in cash and cash equivalents of 163,198,649.44, contrasting with a decrease of -15,685,234.35 in the prior 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 same period of 2021[22]. - Research and development expenses increased to ¥113,268,077.44, representing a rise of 39.2% from ¥81,336,232.04 in the same period last year[22]. - The company incurred sales expenses of ¥8,687,290.07, which is an increase from ¥7,043,320.44 in the same period last year[22]. - The company’s financial expenses rose to ¥34,832,926.52, compared to ¥24,273,810.58 in the previous year, reflecting increased borrowing costs[22]. Investments and Financing - The total cash outflow from investment activities amounted to 557,007,115.81, compared to 145,107,537.80 in the previous year[27]. - The net cash flow from investment activities was -553,795,945.23, a decrease from -141,843,897.96 year-over-year[27]. - The company repaid debts amounting to 503,365,394.44, compared to 303,606,991.67 in the previous year[27]. - The company distributed dividends and interest payments totaling 33,362,794.49, down from 46,846,397.43 year-over-year[27]. Other Information - The company has not disclosed any new product or technology developments, market expansions, or mergers and acquisitions during this reporting period[15]. - The company is implementing new accounting standards starting from 2022, which may affect the financial statements[27].