HQTI(SH:688281)2022-10-25 16:00Financial Performance - The company's revenue for Q3 2022 was ¥160,461,582.75, representing a year-over-year increase of 40.99%[5] - Net profit attributable to shareholders for the same period was ¥75,773,403.92, up 64.64% compared to the previous year[5] - The net profit after deducting non-recurring gains and losses was ¥73,293,643.56, reflecting an increase of 81.50% year-over-year[5] - Basic earnings per share for Q3 2022 was ¥0.81, a rise of 22.73% from the same period last year[5] - Total revenue for the reporting period increased by 38.64% due to an increase in orders, with operating costs rising by 35.51%[16] - Net profit for the reporting period was 48.14 million, primarily driven by the increase in operating income[16] - Total operating revenue for the first three quarters of 2022 reached ¥430,844,786.27, an increase of 38.67% compared to ¥310,755,185.28 in the same period of 2021[38] - Net profit for the third quarter of 2022 was CNY 199,781,787.56, an increase of 48.2% compared to CNY 134,861,645.87 in the same period of 2021[41] - Operating profit for the third quarter of 2022 reached CNY 230,072,750.26, compared to CNY 154,304,120.67 in the same quarter of 2021, indicating a year-over-year increase of 49.0%[41] - Total profit for the third quarter of 2022 was CNY 227,421,577.49, up from CNY 152,842,278.86 in the same quarter of 2021, reflecting a growth of 48.8%[41] - Net profit for the first three quarters of 2022 was ¥200.00 million, up 48.5% from ¥134.87 million in the previous year[62] Research and Development - Total R&D investment amounted to ¥17,054,600.64, which is 10.63% of revenue, an increase of 2.36 percentage points year-over-year[9] - Research and development expenses for the first three quarters of 2022 amounted to ¥47,052,385.24, compared to ¥37,292,724.19 in 2021, indicating a year-over-year increase of 26.19%[38] - Research and development expenses for the first three quarters of 2022 were ¥47.05 million, an increase of 26.2% from ¥37.29 million in 2021[59] Assets and Liabilities - The total assets of the company reached ¥3,881,477,195.43, showing a significant increase of 405.15% compared to the previous year[9] - The total liabilities as of September 30, 2022, were ¥210,885,709.18, compared to ¥232,445,087.36 in the same period of 2021, showing a decrease of 9.25%[36] - The total equity attributable to shareholders reached ¥3,670,591,486.25, a substantial increase from ¥535,943,350.66 in the previous year[36] - Cash and cash equivalents stood at ¥755,749,397.02, up from ¥131,385,981.94, marking a growth of 473.36%[28] - Total current assets amounted to 3,600,747,736.56 RMB, a substantial increase from 601,557,411.39 RMB year-over-year[53] - The company reported a total asset value of 3,881,092,707.79 RMB, compared to 767,837,487.79 RMB in the previous year, reflecting strong growth[55] - The total liabilities were recorded at 210,271,278.90 RMB, a decrease from 231,882,727.35 RMB, indicating better debt management[55] - The company’s equity totaled 3,670,821,428.89 RMB, significantly higher than 535,954,760.44 RMB in the previous year, demonstrating strong retained earnings[55] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥35,751,543.26, indicating a decline of 129.84% compared to the previous year[5] - Cash flow from operating activities showed a net outflow of 129.84 million, attributed to reduced sales collections and increased payments for raw materials and salaries[16] - Cash flow from investing activities was 3,717.10 million, mainly due to investment management and project construction[16] - Cash flow from financing activities reached 26,150.36 million, primarily from funds raised through the IPO[16] - Cash flow from operating activities for the first three quarters of 2022 was negative at CNY -35,751,543.26, compared to a positive CNY 119,828,640.54 in the same period of 2021[47] - Cash inflow from operating activities totaled CNY 289,106,773.80 for the first three quarters of 2022, down from CNY 365,538,601.78 in the same period of 2021, a decrease of 20.9%[47] - Cash outflow from operating activities was CNY 324,858,317.06 for the first three quarters of 2022, compared to CNY 245,709,961.24 in the same period of 2021, an increase of 32.1%[47] - Cash flow from investing activities showed a net outflow of -¥2.21 billion, compared to -¥62.83 million in the previous year[66] - Cash flow from financing activities generated a net inflow of ¥2.87 billion, significantly higher than ¥10.94 million in 2021[66] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 3,704[17] - The largest shareholder, Zhe Shengyang, holds 21,000,000 shares, representing 22.50% of the total shares[17] Other Financial Metrics - The company received government subsidies amounting to ¥3,885,005.51 during the quarter, contributing to its financial performance[10] - The increase in accounts receivable by 84.88% was primarily due to the rise in operating revenue during the period[14] - The company reported a credit impairment loss of -¥12.57 million in 2022, contrasting with a gain of ¥3.75 million in the previous year[59] - The company reported a tax expense of CNY 27,639,789.93 for the third quarter of 2022, compared to CNY 17,980,632.99 in the same quarter of 2021, an increase of 53.5%[41] - The company’s total comprehensive income for the third quarter of 2022 was CNY 199,781,787.56, consistent with the net profit figure, indicating no significant other comprehensive income adjustments[41]