2022-10-16 16:00Financial Performance - The company's operating revenue for Q3 2022 was RMB 4,348,687,608, representing a year-on-year increase of 34.72%[4] - The net profit attributable to shareholders for Q3 2022 was RMB 691,671,687, reflecting a growth of 36.40% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 520,650,666, with a year-on-year increase of 34.60%[4] - The basic earnings per share for Q3 2022 was RMB 0.49, an increase of 13.95% compared to the same period last year[5] - The company achieved a revenue of RMB 10.876 billion in the first three quarters of 2022, representing a year-on-year growth of 27.56% compared to RMB 8.526 billion in the same period last year[11] - Net profit attributable to shareholders of the parent company was CNY 1,562,633,186, up from CNY 1,202,338,313, representing a growth of 30% year-over-year[18] - The company reported a net profit margin improvement, with total profit reaching CNY 1,837,441,814 compared to CNY 1,323,791,120 in the previous year, an increase of approximately 38.7%[38] Research and Development - The total R&D investment for Q3 2022 was RMB 387,887,195, which accounted for 8.92% of operating revenue, a decrease of 4.04 percentage points from the previous year[5] - Research and development expenses for the first three quarters were CNY 1,069,633,505, slightly up from CNY 1,045,089,759, showing a commitment to innovation[17] - Research and development expenses totaled CNY 387,887,195 in Q3 2022, accounting for 8.92% of operating revenue, a decrease of 4.04 percentage points year-over-year[26] Assets and Liabilities - The total assets at the end of the reporting period were RMB 47,036,981,039, an increase of 6.54% from the end of the previous year[5] - Total assets increased to CNY 47,036,981,039, compared to CNY 44,150,745,227 in the previous year, reflecting a growth of 4.3%[16] - Total liabilities rose to CNY 12,732,099,583, an increase from CNY 10,858,100,789, indicating a growth of 17.2%[16] - Total current assets increased to CNY 35,995,140,284 from CNY 34,642,981,948, representing a growth of approximately 3.9%[36] Cash Flow and Investments - The company reported a cash flow from operating activities of RMB 370,594,760 for the year-to-date period[4] - The net cash flow from operating activities for the first three quarters of 2022 was CNY 370,594,760, a significant recovery from a loss of CNY 2,705,321,748 in the same period last year[25] - The company reported a net cash outflow from investing activities of CNY 265,039,812 for Q3 2022, an improvement from a loss of CNY 2,124,497,069 in the same period last year[25] - The company reported cash outflows from investing activities of CNY 15,290,884,344, up from CNY 13,211,150,733, indicating an increase in investment activities[41] - The net cash flow from financing activities was CNY -723,188,309, a decrease from CNY 7,488,992,959 in the previous year, suggesting a reduction in financing activities[41] Revenue Breakdown - Revenue from rail transit equipment products reached RMB 7.202 billion, a year-on-year increase of 5.37% from RMB 6.834 billion[12] - Emerging equipment products saw significant growth, with revenue of RMB 3.529 billion, up 136.98% from RMB 1.489 billion in the previous year[12] - The power semiconductor devices generated RMB 1.292 billion in revenue, reflecting a year-on-year growth of 77.82%[12] - The new energy vehicle drive system revenue surged to RMB 835 million, a remarkable increase of 193.83% compared to RMB 284 million last year[12] - The industrial converter segment reported revenue of RMB 0.845 billion, marking a substantial increase of 303.66% from RMB 0.209 billion[33] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,511, with the largest shareholder holding 41.63% of the shares[8] - The number of A-share shareholders was 17,417, while H-share registered shareholders numbered 1,094[10] - The largest shareholder, CRRC Zhuzhou Electric Locomotive Research Institute Co., Ltd., held 589,585,699 shares, accounting for 41.63% of total shares[30] Inventory and Receivables - The company's inventory as of September 30, 2022, was RMB 6.603 billion, compared to RMB 4.921 billion at the end of 2021[14] - The company’s accounts receivable increased to RMB 9.882 billion from RMB 6.549 billion year-on-year[14] - Inventory levels rose to CNY 6,603,017,021 from CNY 4,921,087,633, reflecting an increase of about 34.2%[35]