CRTC(SH:688459)2022-10-26 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥153,523,558.50, representing a year-on-year increase of 21.21%[5] - The net profit attributable to shareholders for Q3 2022 was ¥7,880,601.22, a significant increase of 193.70% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2022 was ¥3,256,400.68, up 134.31% year-on-year[5] - Total operating revenue for the first three quarters of 2022 reached ¥338,422,371.11, an increase from ¥297,985,360.19 in the same period of 2021, representing a growth of approximately 13.8%[23] - Operating profit for the first three quarters of 2022 was ¥9,994,054.77, a significant recovery from a loss of ¥19,572,551.21 in the same period of 2021[24] - Net profit for the first three quarters of 2022 was ¥4,847,204.32, compared to a net loss of ¥24,865,515.61 in the previous year, marking a turnaround in profitability[25] - The company reported a comprehensive income total of ¥4,933,769.66 for the third quarter of 2022, compared to a comprehensive loss of ¥24,311,723.30 in the same period of 2021[26] Assets and Equity - The total assets at the end of Q3 2022 reached ¥3,564,604,092.97, reflecting a 61.90% increase from the end of the previous year[6] - The total equity attributable to shareholders at the end of Q3 2022 was ¥3,205,598,287.73, which is a 90.48% increase compared to the end of the previous year[6] - The company's total assets as of the end of the third quarter of 2022 amounted to ¥3,564,604,092.97, up from ¥2,201,664,353.83 at the end of the same period in 2021, reflecting a growth of approximately 62%[21] - The company's equity attributable to shareholders reached ¥3,205,598,287.73, an increase from ¥1,682,936,322.44 in the previous year, representing a growth of approximately 90.3%[21] Cash Flow - The cash flow from operating activities showed a net outflow of ¥13,640,089.24, which is a 77.98% decrease compared to the previous year[6] - The cash inflow from operating activities for the first three quarters of 2022 was CNY 578,951,262.85, an increase of 7.6% compared to CNY 537,932,841.76 in the same period of 2021[29] - The net cash outflow from operating activities in Q3 2022 was CNY -13,640,089.24, an improvement from CNY -61,954,287.54 in Q3 2021[30] - The total cash and cash equivalents at the end of Q3 2022 reached CNY 2,430,396,865.32, up from CNY 863,782,837.50 at the end of Q3 2021, reflecting a substantial increase of 181.5%[31] - The cash inflow from financing activities for the first three quarters of 2022 was CNY 1,524,815,094.33, compared to CNY 599,200,000.00 in the same period of 2021, marking a 154.5% increase[31] Research and Development - Research and development expenses for Q3 2022 amounted to ¥20,494,941.56, an increase of 68.50% compared to the same period last year[6] - Research and development expenses for the first three quarters of 2022 were ¥45,244,431.44, compared to ¥33,903,199.32 in the same period of 2021, indicating an increase of about 33.5%[24] - The company plans to continue increasing its investment in research and development to support future growth[12] Shareholder Information - Total number of common shareholders at the end of the reporting period was 52,232[14] - The company has a significant shareholder concentration, with the top shareholder, China Railway Harbin Bureau Group Co., Ltd., holding 54.42% of shares[14] - The second-largest shareholder, CR Capital (Tianjin) Equity Investment Fund Management Co., Ltd., holds 4.34% of shares[14] Market Strategy and Outlook - The company is focused on expanding its market presence and enhancing its product offerings through strategic investments and partnerships[16] - Future outlook remains positive with ongoing efforts in market expansion and potential mergers and acquisitions[16] - The company has not disclosed any new product or technology developments in the current reporting period[16] Inventory and Receivables - Accounts receivable decreased to ¥357,890,316.59 from ¥548,918,380.45, reflecting a reduction of approximately 34.7%[17] - Inventory increased to ¥315,339,722.02 from ¥251,000,706.79, representing a growth of about 25.7%[17] Operating Costs - Total operating costs for the first three quarters of 2022 were ¥338,898,351.31, compared to ¥321,450,996.64 in the previous year, indicating an increase of about 5.4%[24] - The cash outflow for purchasing goods and services in Q3 2022 was CNY 354,442,076.65, slightly down from CNY 356,335,293.36 in Q3 2021, indicating stable operational costs[30] - The cash outflow for investing activities in Q3 2022 was CNY 50,326,624.10, a slight increase from CNY 49,320,867.36 in Q3 2021, indicating ongoing investment efforts[30]