Hwatsing Technology (SH:688120)2022-10-19 16:00Financial Performance - The company's operating revenue for Q3 2022 was CNY 416,195,268.60, representing a year-on-year increase of 66.32%[4] - The net profit attributable to shareholders for Q3 2022 was CNY 157,189,320.52, reflecting a year-on-year growth of 102.47%[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 122,454,421.93, with a year-on-year increase of 177.92%[4] - The total revenue for the year-to-date period reached CNY 1,133,393,952.59, marking a year-on-year increase of 108.40%[4] - The net profit attributable to shareholders for the year-to-date period was 131.41 million RMB, with a basic earnings per share of 51.55 RMB[11] - The total comprehensive income for the period attributable to the parent company was CNY 342,856,693.99, compared to CNY 148,178,275.12 in the previous period, representing a significant increase[22] - Basic earnings per share for the current period were CNY 3.73, up from CNY 1.85 in the same period last year, indicating a growth of 101.62%[22] Assets and Liabilities - The total assets at the end of the reporting period reached CNY 7,295,528,527.99, an increase of 140.93% compared to the end of the previous year[5] - The total assets at the end of the reporting period amounted to 1.4093 billion RMB, driven by business expansion and funds raised from the IPO[11] - Total liabilities for Q3 2022 were ¥2,653,642,862.83, compared to ¥2,219,893,587.68 in Q3 2021, indicating a rise in financial obligations[19] - The company's equity attributable to shareholders reached ¥4,641,885,665.16, significantly higher than ¥808,212,455.19 in the previous year[19] Cash Flow - The company reported a net cash flow from operating activities of CNY -155,012,376.53, a decrease of 147.23% year-on-year[4] - The net cash flow from operating activities for the year-to-date period was -147.23 million RMB, attributed to increased cash payments for goods and services[11] - Cash inflow from operating activities was CNY 1,509,616,735.05, compared to CNY 1,353,905,566.57 in the previous year, reflecting an increase of 11.48%[28] - The net cash flow from investing activities was negative CNY 1,949,599,967.98, worsening from a negative CNY 399,120,973.71 in the previous year[27] - Cash inflow from financing activities totaled CNY 3,506,751,553.26, significantly higher than CNY 206,550,000.00 in the previous year, indicating a substantial increase in financing[27] - The net increase in cash and cash equivalents for the period was CNY 1,278,887,635.64, compared to CNY 56,618,529.63 in the previous year, showing a strong liquidity position[29] Research and Development - The company's R&D investment totaled CNY 57,778,583.40 in Q3 2022, accounting for 13.88% of operating revenue, an increase of 0.66 percentage points[5] - Research and development expenses for the current period totaled 74.62 million RMB, reflecting the company's ongoing commitment to increasing R&D investment[11] - Research and development expenses for Q3 2022 amounted to ¥142,366,238.57, compared to ¥70,387,582.62 in the same period last year, highlighting increased investment in innovation[20] - The company plans to continue enhancing its R&D efforts, with total R&D investment for the year-to-date period reaching 89.33 million RMB[11] Market and Growth - The company benefited from the growth in the semiconductor equipment market, with significant growth in CMP equipment, key consumables, maintenance services, and wafer regeneration businesses[9] - The company received government subsidies amounting to CNY 19,598,006.57 during the reporting period, which are considered regular operating income[6] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[20] Shareholder Information - The number of common shareholders at the end of the reporting period was 5,721, with the top ten shareholders holding a combined 60.52% of the shares[12]