Geovis(SH:688568)2022-10-26 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥378,280,402.82, representing a year-on-year increase of 49.60%[2] - The net profit attributable to shareholders for Q3 2022 was ¥48,576,124.67, an increase of 28.20% compared to the same period last year[2] - The company reported a net profit excluding non-recurring gains and losses of ¥30,178,055.70 for Q3 2022, a year-on-year increase of 3.97%[2] - The company experienced a 41.80% increase in operating revenue for the year-to-date period compared to the previous year[8] - Total operating revenue for the first three quarters of 2022 reached ¥827,410,603.07, a 41.9% increase from ¥583,503,633.90 in the same period of 2021[17] - Net profit for the third quarter of 2022 was ¥94,015,384.33, compared to ¥65,451,365.90 in the same quarter of 2021, representing a 43.6% increase[18] Research and Development - The total R&D investment for Q3 2022 was ¥117,554,726.28, which accounted for 31.08% of operating revenue, an increase of 16.64 percentage points year-on-year[4] - The company attributed the revenue growth to the expansion of its business scale and increased R&D efforts in original innovation[8] - Research and development expenses for the first three quarters of 2022 were ¥137,046,393.53, significantly higher than ¥78,211,440.61 in the same period of 2021, marking a 75.2% increase[17] Assets and Equity - The total assets at the end of Q3 2022 reached ¥3,918,420,089.28, reflecting a year-on-year increase of 65.81%[4] - The equity attributable to shareholders at the end of Q3 2022 was ¥3,053,538,513.85, up 112.88% from the same period last year[4] - The company's total current assets as of September 30, 2022, amount to ¥3,386,554,201.44, an increase from ¥2,145,769,142.90 in the previous year, representing a growth of approximately 57.73%[13] - The company's total assets reached ¥3,918,420,089.28, compared to ¥2,363,138,597.19 in the previous year, marking an increase of about 65.73%[14] - The total non-current assets as of September 30, 2022, are ¥531,865,887.84, up from ¥217,369,454.29, which is an increase of approximately 144.50%[14] - The company reported a significant increase in fixed assets, which rose to ¥113,647,270.48 from ¥29,499,148.10, representing an increase of about 284.00%[14] - The total equity attributable to shareholders increased to ¥3,053,538,513.85 in Q3 2022 from ¥1,434,418,132.05 in Q3 2021, a growth of 112.5%[16] Cash Flow - The cash flow from operating activities for the year-to-date was negative at -¥343,319,899.51, primarily due to increased procurement related to business expansion[4][8] - Cash inflow from operating activities for Q3 2022 was CNY 482,595,285.37, an increase of 36% compared to CNY 355,125,423.15 in Q3 2021[20] - Cash outflow from operating activities totaled CNY 825,915,184.88, up 52% from CNY 543,742,847.51 in the same period last year[20] - Net cash flow from operating activities was negative CNY 343,319,899.51, worsening from negative CNY 188,617,424.36 year-over-year[20] - Cash inflow from investment activities was CNY 247,446,593.63, a decrease of 69% compared to CNY 800,619,384.48 in Q3 2021[21] - Net cash flow from investment activities was negative CNY 305,202,938.00, compared to negative CNY 196,532,511.36 in the previous year[21] - Cash inflow from financing activities reached CNY 1,546,320,742.88, significantly higher than CNY 32,000,000.00 in Q3 2021[21] - Net cash flow from financing activities was CNY 1,347,864,462.45, a substantial improvement from negative CNY 22,415,005.31 year-over-year[21] - The ending cash and cash equivalents balance was CNY 1,755,458,819.57, compared to CNY 491,884,906.86 at the end of Q3 2021[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 8,818, with the largest shareholder, Zhongke Jiudu (Beijing) Space Information Technology Co., Ltd., holding 69,153,082 shares, accounting for 28.20%[10] - The company has no pledged, marked, or frozen shares among its major shareholders, indicating a stable ownership structure[10] - The company has not reported any significant changes in its financing or margin trading activities among its top shareholders[12] Operational Insights - There are no significant reminders or additional important information regarding the company's operational situation during the reporting period[13] - Total operating costs for the first three quarters of 2022 were ¥720,444,035.03, up 42.1% from ¥506,625,636.73 in 2021[17] - The company reported a financial loss of ¥51,458,093.02 due to credit impairment losses in Q3 2022, compared to a loss of ¥17,935,400.94 in Q3 2021[18] - The company’s cash flow from operating activities for the first three quarters of 2022 showed significant improvement, reflecting its enhanced operational efficiency[19] - The company received CNY 6,023,016.06 in tax refunds, up 307% from CNY 1,476,626.35 in the same period last year[20] - Total cash outflow for other operating activities was CNY 143,084,924.07, an increase of 42% from CNY 100,366,828.87 in Q3 2021[20]