深华发A(000020) - 2022 Q3 - 季度财报

Financial Performance - Revenue for Q3 2022 was CNY 163,496,024.99, a decrease of 22.84% compared to the same period last year[5] - Net profit attributable to shareholders was CNY -282,038.65, a decline of 124.72% year-on-year[5] - Basic and diluted earnings per share were both CNY -0.0010, down 125.00% from the previous year[5] - The total operating revenue for the period was CNY 517,642,945.80, a decrease of 14.23% compared to CNY 603,532,726.46 in the previous period[28] - The company reported a net loss of CNY 155,155,205.99, an improvement from a loss of CNY 163,679,952.44 in the previous period[27] - The net profit for Q3 2022 was CNY 8,524,746.45, an increase of 5.1% compared to CNY 8,113,011.63 in Q3 2021[29] - Operating profit for Q3 2022 reached CNY 11,260,613.05, up from CNY 10,507,482.12 in the same period last year, reflecting a growth of 7.2%[29] - The company reported a total profit of CNY 11,577,170.19 for Q3 2022, up from CNY 10,682,339.16 in Q3 2021, representing an increase of 8.3%[29] Cash Flow and Assets - Cash flow from operating activities for the year-to-date reached CNY 78,036,564.86, an increase of 424.00%[5] - Cash received from investment activities totaled CNY 105,000,000.00, indicating a shift towards liquid investments[11] - The company's cash and cash equivalents increased to CNY 84,034,727.69 from CNY 34,426,043.11, representing a growth of 144.49%[25] - The total cash and cash equivalents increased by CNY 49,608,684.58 during the quarter, compared to a decrease of CNY 18,019,791.04 in Q3 2021[32] Liabilities and Shareholder Information - Total assets at the end of the reporting period were CNY 613,640,331.12, a decrease of 7.01% from the end of the previous year[5] - The total liabilities decreased to CNY 261,664,945.36 from CNY 316,482,586.26, reflecting a decline of 17.29%[27] - The total number of common shareholders at the end of the reporting period is 22,139[13] - Wuhan Zhongheng Group holds 42.13% of the shares, totaling 119,289,894 shares, which are currently frozen[21] - The top ten shareholders include foreign entities such as SEG (Hong Kong) Limited with 5.85% and Good Hope Corner Investments with 2.50%[14] - The total number of shares held by the top ten unrestricted shareholders is 119,289,894[14] Operational Changes and Legal Issues - The board approved the shutdown of the polystyrene business due to low profitability and industry overcapacity[23] - The company is currently in the process of closing its polystyrene manufacturing facilities[23] - The company is involved in ongoing legal disputes regarding land transfer and compensation claims amounting to 52 million RMB[19] - The company has engaged in asset replacement contracts with Wuhan Zhongheng Group, involving industrial land in Shenzhen[15] Income and Expenses - The company incurred financial expenses of CNY 947,222.43, significantly lower than CNY 6,725,414.16 in the previous year, indicating a decrease of 86.9%[29] - The company’s tax expenses for Q3 2022 were CNY 3,052,423.74, an increase from CNY 2,569,327.53 in Q3 2021, representing a rise of 18.8%[29] - The company reported a 36.20% increase in tax and additional fees year-to-date, totaling CNY 2,969,226.43[10] - Other income increased significantly by 1336.25% year-on-year, amounting to CNY 4,961,580.81 due to increased government subsidies[10] Inventory and Receivables - Accounts receivable decreased to CNY 116,458,797.19 from CNY 128,675,327.97, a decline of 9.43%[26] - Inventory levels dropped to CNY 59,245,974.71 from CNY 90,585,670.27, indicating a decrease of 34.51%[26]