Eastroc Beverage(SH:605499)2022-10-27 16:00Financial Performance - The company's operating revenue for Q3 2022 reached ¥2,353,073,818.32, representing a year-on-year increase of 25.30%[5] - The net profit attributable to shareholders for the same period was ¥410,876,273.43, up 28.32% compared to the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥349,565,276.62, reflecting a 14.40% increase year-on-year[5] - The basic earnings per share for Q3 2022 was ¥1.0272, an increase of 29.48% compared to the same period last year[6] - The total profit for the third quarter of 2022 was CNY 1,482,832,922.70, an increase of 17.4% compared to CNY 1,263,279,505.39 in the same period of 2021[28] - The net profit attributable to shareholders of the parent company reached CNY 1,165,506,050.35, up 16.9% from CNY 996,033,949.49 year-over-year[28] - The basic and diluted earnings per share for the third quarter were CNY 2.9137, compared to CNY 2.6365 in the previous year, reflecting a growth of 10.5%[29] Revenue and Growth - The company reported a 19.50% increase in operating revenue for the year-to-date compared to the same period last year[10] - The company's operating revenue for the first nine months of 2022 was 6.644 billion RMB, representing a year-on-year increase of 19.50%[11] - Revenue from the Guangdong region for the first nine months of 2022 was 2.672 billion RMB, accounting for 40.29% of total revenue, with a year-on-year growth of 4.58%[12] - National revenue for the same period reached 3.277 billion RMB, making up 49.41% of total revenue, with a significant year-on-year increase of 36.56%[13] - Direct sales revenue amounted to 683 million RMB, contributing 10.30% to total revenue, and grew by 15.02% year-on-year[13] - Dongpeng Special Drink, the core product, generated 6.392 billion RMB in revenue, accounting for 96.36% of total revenue, with a year-on-year growth of 21.94%[14] - Total revenue for the first three quarters of 2022 reached ¥6,644,347,815.38, an increase of 19.5% compared to ¥5,560,212,457.42 in the same period of 2021[25] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥10,482,925,414.03, a 34.56% increase from the previous year[6] - Current assets totaled ¥5,786,966,636.07 as of September 30, 2022, significantly higher than ¥2,851,526,792.61 at the end of 2021, marking an increase of 102.5%[22] - Non-current assets totaled ¥4,695,958,777.96, slightly down from ¥4,938,964,366.37 at the end of 2021, a decrease of 4.9%[23] - Total liabilities increased to ¥5,679,299,695.26 from ¥3,552,365,618.28, reflecting a rise of 60.0%[24] - The company's equity attributable to shareholders rose to ¥4,803,625,718.77 from ¥4,238,125,540.70, an increase of 13.3%[24] Cash Flow and Investments - The company's cash flow from operating activities for the year-to-date was ¥1,421,883,179.66, maintaining stability compared to the previous year[6] - Cash flow from operating activities generated a net amount of CNY 1,421,883,179.66, slightly up from CNY 1,414,730,888.26 in the same quarter of 2021[31] - The company reported cash inflows from investment activities totaling CNY 3,954,301,607.83, significantly higher than CNY 1,532,112,167.44 in the previous year[31] - Cash outflows from investment activities amounted to CNY 6,616,542,448.48, compared to CNY 3,736,799,686.38 in the same period last year, resulting in a net cash flow from investment activities of CNY -2,662,240,840.65[31] - The net increase in cash and cash equivalents for the third quarter was CNY -178,265,560.47, down from an increase of CNY 206,349,153.71 in the previous year[32] - The company’s cash and cash equivalents at the end of the period stood at CNY 820,869,294.07, down from CNY 1,385,123,984.06 at the end of the previous year[32] Costs and Expenses - Operating costs for the first three quarters of 2022 amounted to ¥5,295,227,554.34, up from ¥4,335,434,307.18 in 2021, reflecting a year-on-year increase of 22.2%[27] - Research and development expenses for the first three quarters of 2022 were ¥36,760,987.75, up from ¥29,567,240.58 in 2021, indicating a growth of 24.4%[27] - The gross profit margin for the first nine months of 2022 was 41.75%, with a decline in the third quarter to 40.05% due to rising raw material costs[16] Investments and Financing - The company has increased its construction investment in the Zhejiang and Changsha bases, leading to a rise in construction in progress to 857.2 million RMB[11] - Short-term borrowings increased to 2.977 billion RMB, primarily due to new letters of credit and bill discounting loans[11] - Deferred tax assets rose to 926.4 million RMB, attributed to increased sales rebates and discounts alongside rising operating income[11] - The company received CNY 2,543,730,000.00 in cash from financing activities, compared to CNY 304,000,000.00 in the same quarter of 2021, showing a significant increase[31]