长远锂科(688779) - 2022 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2022 reached ¥5,062,303,959.33, representing a 200.04% increase year-over-year[5] - Net profit attributable to shareholders for Q3 2022 was ¥355,835,880.45, up 105.17% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥351,532,414.91, reflecting a 107.98% increase year-over-year[5] - Total operating revenue for the first three quarters of 2022 reached CNY 12,695,624,612.65, a significant increase from CNY 4,536,201,038.88 in the same period of 2021, representing a growth of approximately 180%[33] - Net profit for the third quarter of 2022 was CNY 1,113,532,656.94, compared to CNY 486,973,096.93 in the same quarter of 2021, indicating a year-over-year increase of about 128%[35] - Operating profit for the third quarter of 2022 was CNY 1,372,456,467.04, compared to CNY 550,632,785.36 in the same quarter of 2021, showing an increase of about 149%[35] - The total comprehensive income attributable to the parent company reached CNY 1,113,532,656.94, compared to CNY 486,973,096.93 in the previous period, marking a significant increase[37] - Basic and diluted earnings per share were both CNY 0.58, up from CNY 0.32 in the same period last year, indicating improved profitability[37] Assets and Liabilities - Total assets at the end of Q3 2022 amounted to ¥14,489,833,011.37, a 54.17% increase from the end of the previous year[7] - The total assets of the company increased from ¥9,398,305,360.56 in December 2021 to ¥14,489,833,011.37 by September 30, 2022, reflecting a growth of about 54.0%[27] - Total liabilities increased to CNY 7,063,280,925.65 in the latest report, compared to CNY 2,875,002,448.13 in the previous year, marking an increase of about 146%[32] - The total equity attributable to shareholders reached CNY 7,426,552,085.72, up from CNY 6,523,302,912.43, which is an increase of approximately 14%[32] - The company's financial liabilities included CNY 2,823,635,776.86 in accounts payable, which increased from CNY 1,687,817,218.69, reflecting a growth of approximately 68%[32] Cash Flow - The company reported a net cash flow from operating activities of -¥664,091,271.27 for the year-to-date period, indicating cash flow challenges[5] - Cash inflows from operating activities amounted to CNY 2,534,295,937.58, a substantial increase from CNY 1,317,919,399.61 in the previous year, reflecting strong sales performance[38] - Cash outflows for purchasing goods and services were CNY 2,474,364,269.70, compared to CNY 1,492,626,407.95 in the prior year, indicating increased operational costs[38] - The net cash flow from operating activities was negative at CNY -664,091,271.27, worsening from CNY -468,337,475.77 in the previous year, suggesting challenges in cash management[41] - The company reported cash and cash equivalents at the end of the period of CNY 544,032,998.18, down from CNY 2,294,272,399.27 at the end of the previous period, indicating liquidity concerns[40] - The company received CNY 2,656,701,108.74 from financing activities, reflecting strong capital inflow, while cash outflows for financing activities totaled CNY 218,631,914.04[40] - The cash flow from investment activities was negative at CNY -242,499,973.19, indicating higher investment expenditures compared to cash inflows[40] Research and Development - R&D investment for Q3 2022 totaled ¥202,370,881.78, a significant increase of 195.72% compared to the same period last year[7] - Research and development expenses for the third quarter of 2022 amounted to CNY 521,580,161.45, up from CNY 188,898,776.45 in the previous year, reflecting a growth of approximately 176%[35] - The company plans to continue expanding its R&D efforts and product development in response to market demands[14] Shareholder Information - The total number of common shareholders at the end of the reporting period is 55,361[15] - The largest shareholder, China Minmetals Corporation, holds 331,102,600 shares, representing 17.16% of total shares[15] - The company has a total of 331,102,600 shares held by the top two shareholders, both state-owned entities, indicating a strong state influence in ownership[15] - There are no significant changes in the status of pledged or frozen shares among the top shareholders[15] Inventory and Receivables - Accounts receivable increased significantly from ¥2,202,785,198.86 in December 2021 to ¥4,432,906,420.90 by September 30, 2022, representing an increase of about 101.0%[27] - The company reported a significant increase in inventory from ¥1,576,812,680.76 in December 2021 to ¥2,549,558,228.05 by September 30, 2022, an increase of approximately 61.6%[27] - Total current assets rose from ¥6,355,247,200.41 in December 2021 to ¥10,555,345,259.73 by September 30, 2022, an increase of approximately 66.8%[27] Market and Sales Performance - The increase in revenue was primarily driven by strong downstream market demand and increased product sales[11] - The company reported a significant increase in cash received from sales of goods and services, totaling CNY 2,224,867,868.58, compared to CNY 1,241,193,328.08 in the previous year[38] - The company has not disclosed any new product developments or market expansion strategies in the current report[22]