PIESAT(SH:688066)2022-10-28 16:00Financial Performance - Revenue for Q3 2022 reached ¥611,199,435.66, an increase of 63.02% compared to the same period last year[8] - Net profit attributable to shareholders for Q3 2022 was ¥74,532,910.12, reflecting a growth of 47.26% year-over-year[8] - Basic earnings per share for Q3 2022 were ¥0.40, up 33.33% from the previous year[12] - Net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2022 was ¥71,853,654.21, a 36.42% increase year-over-year[8] - Operating profit for the third quarter of 2022 was ¥90,920,807.12, up from ¥65,742,571.77 in the previous year, reflecting a growth of approximately 38.2%[41] - Net profit for the third quarter of 2022 was ¥83,062,142.84, compared to ¥56,021,498.79 in the same quarter of 2021, marking an increase of around 48.3%[41] - The net profit attributable to shareholders of the parent company was 83,068,845.22 CNY, compared to 56,218,992.33 CNY in the same period last year, representing an increase of approximately 47.8%[44] - The total comprehensive income attributable to shareholders of the parent company reached 84,494,740.09 CNY, up from 55,883,979.85 CNY, indicating a growth of about 51.2% year-over-year[47] Research and Development - R&D investment totaled ¥68,589,189.66 in Q3 2022, representing a 71.08% increase compared to the same period last year[12] - The proportion of R&D investment to revenue was 11.22% in Q3 2022, an increase of 0.53 percentage points compared to the same period last year[12] - Research and development expenses for the third quarter of 2022 totaled ¥196,042,221.97, up from ¥124,654,061.97 in the previous year, representing a growth of approximately 57.3%[41] Assets and Liabilities - Total assets at the end of Q3 2022 amounted to ¥4,230,534,200.57, a 22.08% increase from the end of the previous year[12] - The total assets as of the end of the reporting period amounted to ¥4,230,534,200.57, compared to ¥3,465,254,522.79 at the end of the previous year, an increase of about 22.1%[38] - Total liabilities reached ¥1,871,704,965.60, up from ¥1,201,983,882.13 in the previous year, indicating a growth of approximately 55.7%[38] - The total equity attributable to shareholders at the end of Q3 2022 was ¥2,357,238,151.45, a 4.23% increase from the previous year[12] - The company's equity attributable to shareholders was ¥2,357,238,151.45, compared to ¥2,261,672,854.76 in the previous year, reflecting an increase of about 4.2%[38] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥760,169,482.85[12] - Cash inflow from operating activities was 903,850,784.91 CNY, significantly higher than 535,702,561.73 CNY in the previous year, marking an increase of around 68.7%[47] - Cash outflow from operating activities totaled 1,664,020,267.76 CNY, compared to 970,209,992.71 CNY, resulting in a net cash flow from operating activities of -760,169,482.85 CNY, worsening from -434,507,430.98 CNY[51] - The ending balance of cash and cash equivalents was 355,218,802.40 CNY, down from 662,363,515.59 CNY, reflecting a decrease of approximately 46.4%[51] Shareholder Information - The total number of common shareholders at the end of the reporting period was 6,393, with the top ten shareholders holding a combined 43.54% of shares[21] - Zhang Yan, a domestic individual, holds 34,749,303 shares, representing 18.80% of the total shares[21] Market Strategy - The company plans to issue convertible bonds to unspecified investors, which was approved by the board and shareholders[30] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[38]