Bayi Space(SH:688181)2022-10-25 16:00Financial Performance - The company's operating revenue for Q3 2022 was CNY 206,447,205.81, a decrease of 9.76% compared to the same period last year[4] - The net profit attributable to shareholders for Q3 2022 was CNY 46,812,346.48, down 28.53% year-on-year[4] - The basic earnings per share for Q3 2022 was CNY 0.49, a decrease of 27.94% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2022 was CNY 38,805,753.81, down 31.51% year-on-year[4] - Total operating revenue for the first three quarters of 2022 reached ¥726,073,662.46, an increase of 11.3% compared to ¥652,236,825.14 in the same period of 2021[19] - Net profit for the third quarter of 2022 was ¥174,485,030.30, compared to ¥168,787,291.07 in the same quarter of 2021, representing a growth of 3.9%[20] - Earnings per share for the third quarter of 2022 were ¥1.82, an increase from ¥1.75 in the same quarter of 2021[21] Research and Development - The R&D expenditure for Q3 2022 totaled CNY 17,304,659.66, an increase of 39.37% compared to the same period last year, representing 8.38% of operating revenue[5] - The company plans to continue its R&D efforts in liquid crystal materials and accelerate the development of OLED, PI, and photoresist materials[8] - Research and development expenses for the first three quarters of 2022 amounted to ¥49,377,624.85, compared to ¥33,898,759.20 in 2021, indicating a significant increase of 45.6%[19] Assets and Liabilities - The total assets as of the end of the reporting period were CNY 2,291,506,172.41, reflecting a growth of 6.19% from the end of the previous year[5] - As of September 30, 2022, total assets amounted to RMB 2,291,506,172.41, an increase from RMB 2,157,894,234.55 in December 2021, reflecting a growth of approximately 6.2%[14] - Total liabilities as of the end of the third quarter of 2022 were ¥340,505,474.70, compared to ¥321,209,138.10 at the end of the same period in 2021, showing an increase of 6.0%[17] - The total current assets decreased to RMB 1,486,615,304.94 from RMB 1,496,860,463.85, indicating a decline of about 0.7%[15] - Non-current assets totaled RMB 804,890,867.47, up from RMB 661,033,770.70, marking an increase of around 21.7%[15] Cash Flow - The cash flow from operating activities for the year-to-date was CNY 167,915,843.44, an increase of 29.10% compared to the same period last year[4] - The cash inflow from operating activities for the first three quarters of 2022 was CNY 832,398,312.51, an increase of 20.0% compared to CNY 693,725,976.97 in the same period of 2021[23] - The net cash flow from operating activities was CNY 167,915,843.44, up 29.1% from CNY 130,067,242.82 year-on-year[23] - The cash inflow from investment activities decreased significantly to CNY 1,380,788,387.70, down 46.5% from CNY 2,580,758,349.92 in the previous year[24] - The cash outflow for purchasing fixed assets and intangible assets was CNY 219,265,370.60, an increase of 71.1% from CNY 128,144,930.58 in 2021[24] Shareholder Information - The top ten shareholders held a total of 9,203,329 shares, representing a significant portion of the company's equity[12] - Total equity attributable to shareholders reached ¥1,951,000,697.71, up from ¥1,836,685,096.45 in the previous year, reflecting an increase of 6.3%[17] Government Support - The company received government subsidies amounting to CNY 5,233,382.14 in Q3 2022, contributing to its financial performance[7] Other Information - The company has not disclosed any new product developments or market expansion strategies in the current report[13] - There were no significant mergers or acquisitions reported during the quarter[13]