QINGDA ENVIRONMENT(SH:688501)2022-10-24 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥131,663,487.17, representing a year-on-year increase of 19.68%[5] - The net profit attributable to shareholders for Q3 2022 was ¥6,284,191.32, showing a decrease of 23.58% 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 ¥4,744,300.21, an increase of 208.48% year-on-year[5] - Total operating revenue for the first three quarters of 2022 reached ¥345,510,901.88, an increase from ¥282,922,986.78 in the same period of 2021, representing a growth of approximately 22.1%[21] - Net profit for the third quarter of 2022 was ¥15,994,390.18, up from ¥15,063,815.75 in the same quarter of 2021, reflecting a growth of approximately 6.2%[24] Assets and Liabilities - The total assets at the end of Q3 2022 amounted to ¥1,552,402,521.11, reflecting a growth of 9.81% from the end of the previous year[6] - The company's total liabilities as of the third quarter of 2022 amounted to ¥783,487,857.02, compared to ¥643,661,146.10 in the previous year, marking an increase of about 21.7%[20] - The total equity attributable to shareholders at the end of Q3 2022 was ¥753,945,948.10, a slight decrease of 0.55% from the end of the previous year[6] - The total current assets reached RMB 1,337,269,132.18, an increase from RMB 1,202,607,620.39, reflecting a growth of about 11.2%[18] Cash Flow - The cash flow from operating activities showed a net outflow of ¥4,951,020.94 for the year-to-date period[6] - The company’s cash flow from operating activities showed a significant improvement, with a reduction in net cash outflow compared to the previous year, indicating better operational efficiency[27] - In the first three quarters of 2022, the cash inflow from operating activities was CNY 493,789,977.85, compared to CNY 375,706,689.37 in the same period of 2021, representing an increase of approximately 31.5%[27] - The net cash flow from operating activities for the first three quarters of 2022 was negative CNY 4,951,020.94, an improvement from negative CNY 113,223,381.23 in the same period of 2021[27] Research and Development - Research and development expenses totaled ¥9,174,469.92 in Q3 2022, which is 6.97% of operating revenue, a decrease of 0.86 percentage points year-on-year[6] - Research and development expenses for the first three quarters of 2022 were ¥25,872,684.02, compared to ¥21,081,638.37 in 2021, indicating an increase of about 22.9%[21] Investment Activities - The company reported an investment income of ¥252,566.26 in the third quarter of 2022, a recovery from a loss of ¥58,397.42 in the same quarter of the previous year[23] - The cash inflow from investment activities in the first three quarters of 2022 was CNY 293,894,732.48, with a net cash outflow of CNY 22,991,796.97 from investment activities[28] - The company experienced a cash outflow of CNY 316,886,529.45 from investment activities in the third quarter of 2022, compared to CNY 169,866,125.97 in the same quarter of 2021[28] Other Financial Metrics - The basic earnings per share for Q3 2022 was ¥0.07, down 22.22% from the same period last year[6] - The weighted average return on equity for Q3 2022 was 0.83%, a decrease of 0.45 percentage points compared to the previous year[6] - The company's cash and cash equivalents were RMB 207,437,787.51, down from RMB 231,273,186.75 at the end of 2021, indicating a decrease of about 10.3%[17] - Accounts receivable totaled RMB 351,927,938.66, a decrease from RMB 448,003,817.31 in the previous year, representing a decline of approximately 21.4%[17] - Inventory increased significantly to RMB 466,602,541.22 from RMB 260,161,138.31, marking a rise of about 79.3%[18]