炬光科技(688167) - 2022 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2022 was ¥135,478,476.60, representing an increase of 8.17% compared to the same period last year[6]. - The net profit attributable to shareholders for Q3 2022 was ¥37,872,334.44, showing a significant increase of 60.67% year-over-year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for the year-to-date was ¥68,448,758.16, reflecting a growth of 57.08% compared to the previous year[10]. - Total operating revenue for the first three quarters of 2022 reached CNY 399,127,574, an increase of 16.3% compared to CNY 342,894,449.21 in the same period of 2021[38]. - Net profit for the third quarter of 2022 was CNY 106,273,813.69, compared to CNY 54,393,235.15 in the previous year, marking a significant increase of 95.5%[41]. - The total comprehensive income for the third quarter was CNY 104,581,709.19, compared to CNY 45,487,078.07 in the same period last year, showing an increase of 130%[44]. Research and Development - Research and development expenses for Q3 2022 totaled ¥22,600,089.22, which is an increase of 48.66% compared to the same period last year[10]. - The ratio of R&D expenses to operating revenue for Q3 2022 was 16.68%, an increase of 4.54 percentage points year-over-year[10]. - Research and development expenses for the first three quarters amounted to CNY 56,444,800.51, up from CNY 50,438,435.40, reflecting a growth of 12.4%[38]. Assets and Liabilities - The total assets of the company as of the end of Q3 2022 were ¥2,627,942,203.54, marking a 4.40% increase from the end of the previous year[10]. - The equity attributable to shareholders at the end of Q3 2022 was ¥2,402,308,098.35, which is a 3.59% increase compared to the previous year[10]. - The company's total liabilities increased to CNY 225,634,105.19 from CNY 191,671,437.90, representing a growth of 17.7%[35]. - The total equity attributable to shareholders reached CNY 2,402,308,098.35, compared to CNY 2,319,012,978.77, indicating an increase of 3.6%[37]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥19,173,291.24, showing a decrease of 26.17% compared to the previous year[10]. - The total cash inflow from operating activities for the first three quarters of 2022 was RMB 441,591,728.88, an increase of 39% compared to RMB 317,481,848.34 in the same period of 2021[46]. - The cash inflow from investment activities totaled RMB 969,045,940.41, significantly up from RMB 251,901,670.18 in the prior year, marking an increase of 284%[47]. - The net cash flow from investment activities was -RMB 839,296,625.28, worsening from -RMB 11,735,941.84 in the same period last year[47]. - The cash inflow from financing activities was RMB 55,643,500.91, compared to RMB 28,749,312.00 in the previous year, reflecting an increase of 94%[47]. - The total cash and cash equivalents at the end of the period amounted to RMB 932,056,988.64, up from RMB 71,018,069.95 at the end of the previous year[47]. Inventory and Receivables - The company's inventory as of September 30, 2022, is ¥235,510,004.96, an increase from ¥157,830,380.08 at the end of 2021[32]. - The company's accounts receivable as of September 30, 2022, amount to ¥136,638,324.98, up from ¥120,125,920.58 at the end of 2021[32]. Business Outlook - The company reported a significant decline in revenue from its automotive business due to delays in the adoption of laser radar technology and changes in client order schedules[26]. - The company has completed the construction of production lines for a key project with Company B, but there are risks regarding the execution of the project on schedule, which may impact future revenues[26]. - The company is optimistic about the future of the laser radar industry and is actively expanding its global customer base for emerging automotive optoelectronic applications[26]. - The company has ongoing projects in automotive midstream modules and upstream components, indicating a focus on market expansion[26].