Baosight(SH:900926)2022-10-25 16:00Financial Performance - The company's operating revenue for Q3 2022 was CNY 2,690,658,640.43, representing a year-on-year increase of 6.29%[6] - The net profit attributable to shareholders for Q3 2022 was CNY 538,908,238.80, an increase of 14.59% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 527,490,659.11, reflecting a growth of 19.07% year-on-year[6] - The basic earnings per share for Q3 2022 was CNY 0.275, up 12.24% from the previous year[6] - Total operating revenue for the first three quarters of 2022 reached RMB 7,653,052,582.24, an increase from RMB 7,405,051,766.82 in the same period of 2021, reflecting a growth of approximately 3.35%[21] - Net profit for Q3 2022 reached ¥1,569.74 million, compared to ¥1,463.82 million in Q3 2021, reflecting an increase of approximately 7.2%[22] - Operating profit for Q3 2022 was ¥1,713.49 million, up from ¥1,585.19 million in Q3 2021, indicating a growth of around 8.1%[22] - Net profit for the first three quarters of 2022 was RMB 1,418,750,431.14, compared to RMB 1,328,334,795.59 in the same period of 2021, reflecting a growth of approximately 6.8%[32] Assets and Liabilities - The total assets at the end of the reporting period were CNY 18,928,242,367.72, an increase of 5.98% compared to the beginning of the year[6] - The total assets as of September 30, 2022, amounted to RMB 18,928,242,367.72, up from RMB 17,860,169,154.11 at the end of 2021, representing a growth of approximately 5.97%[18] - The company's total liabilities reached RMB 9,054,919,869.93, an increase from RMB 8,256,589,982.42 in the previous year, reflecting a growth of approximately 9.66%[18] - Total liabilities as of September 30, 2022, were RMB 6,448,707,987.18, up from RMB 5,730,001,490.23, which is an increase of about 12.5%[30] - The equity attributable to shareholders of the parent company was RMB 9,254,820,873.03 as of September 30, 2022, compared to RMB 9,017,459,983.75 at the end of 2021, indicating an increase of about 2.62%[18] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 2,161,846,174.16, representing a year-on-year increase of 22.88%[6] - Cash flow from operating activities for the first nine months of 2022 was ¥2,161.85 million, up from ¥1,759.29 million in the same period of 2021, representing a growth of about 22.8%[26] - The company reported a net cash increase of ¥316.48 million in Q3 2022, compared to ¥49.96 million in Q3 2021, indicating a significant improvement in cash flow[27] - The company reported a net increase in cash and cash equivalents of ¥225,723,112.27, contrasting with a decrease of -¥30,554,730.34 in the previous year[35] - The ending balance of cash and cash equivalents stood at ¥2,924,496,788.18, slightly up from ¥2,892,275,774.59 year-over-year[35] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 50,016[11] - The largest shareholder, Baoshan Iron & Steel Co., Ltd., held 49.55% of the shares[11] - The number of A-share shareholders decreased from 32,355 at the end of August to 29,483 by the end of September 2022[13] - The number of B-share shareholders increased slightly from 20,476 at the end of August to 20,533 by the end of September 2022[13] Research and Development - R&D expenses for Q3 2022 were approximately ¥849.71 million, an increase from ¥733.85 million in Q3 2021, representing a growth of about 15.7%[22] - Research and development expenses increased to RMB 664,427,888.55 in Q3 2022, compared to RMB 600,737,601.22 in Q3 2021, marking an increase of approximately 10.6%[32] Operating Costs - Total operating costs for the first three quarters of 2022 were RMB 6,063,856,932.03, compared to RMB 5,941,441,740.95 in 2021, indicating an increase of about 2.05%[21] - The company reported a decrease in operating costs to RMB 3,580,195,909.46 for the first three quarters of 2022, down from RMB 4,066,560,080.55 in the same period of 2021, which is a reduction of about 12%[31]