HBYH(SZ:000422)2022-10-28 16:00Financial Performance - The company's revenue for Q3 2022 was ¥5,055,937,488.47, representing a decrease of 17.46% compared to the same period last year[6]. - Net profit attributable to shareholders for Q3 2022 was ¥485,262,446.94, down 36.28% year-on-year[6]. - The net profit excluding non-recurring gains and losses was ¥447,854,805.55, a decrease of 35.53% compared to the same period last year[6]. - The company’s basic earnings per share for Q3 2022 was ¥0.5405, down 36.26% from the same period last year[6]. - Total revenue for the period reached ¥16,170,808,727.34, an increase of 4.5% compared to ¥15,474,519,629.55 in the previous period[30]. - The company reported a net profit of ¥2,830,595,132.41, compared to ¥2,058,765,692.17 in the previous period, showing a significant growth in profitability[30]. - The net profit for the current period is approximately ¥2.64 billion, an increase of 34.7% compared to ¥1.96 billion in the previous period[33]. - The net profit attributable to shareholders of the parent company is approximately ¥2.15 billion, up 44.6% from ¥1.49 billion year-over-year[33]. - The total comprehensive income for the current period is approximately ¥2.65 billion, compared to ¥1.96 billion in the same period last year, reflecting a growth of 35.3%[33]. - The basic and diluted earnings per share for the current period are both ¥2.3952, an increase from ¥1.656 in the previous period[33]. Assets and Liabilities - The total assets at the end of the reporting period were ¥20,018,220,535.28, a decrease of 4.06% from the end of the previous year[6]. - Total assets decreased to ¥20,018,220,535.28 from ¥20,866,134,859.19, indicating a reduction in overall asset base[26]. - Current liabilities decreased to ¥8,953,831,428.51 from ¥11,841,200,463.44, reflecting improved liquidity management[26]. - The company's long-term borrowings decreased to ¥3,939,372,069.88 from ¥4,553,757,496.76, suggesting a reduction in debt levels[26]. - The equity attributable to shareholders increased by 93.13% to ¥4,650,150,166.51 compared to the end of the previous year[6]. - The company's equity increased to ¥6,724,577,771.39 from ¥3,968,498,089.01, demonstrating a stronger financial position[26]. Cash Flow - Cash flow from operating activities increased by 707.97% year-on-year, attributed to the recovery of receivables[11]. - Cash flow from operating activities for the current period is approximately ¥3.29 billion, an increase of 4.7% compared to ¥3.14 billion in the previous period[37]. - Cash inflow from operating activities totals approximately ¥15.26 billion, compared to ¥14.89 billion in the previous period, indicating a growth of 2.5%[37]. - Cash outflow from operating activities is approximately ¥11.97 billion, slightly up from ¥11.75 billion in the previous period[37]. - Cash flow from investing activities shows a net inflow of approximately ¥63.91 million, a significant decrease from ¥1.12 billion in the previous period[37]. - Cash flow from financing activities results in a net outflow of approximately ¥2.61 billion, an improvement from a net outflow of ¥4.18 billion in the previous period[39]. - The ending balance of cash and cash equivalents is approximately ¥4.09 billion, up from ¥2.82 billion in the previous period[39]. - Cash and cash equivalents rose to ¥4,336,569,325.04 from ¥3,843,867,716.39, indicating better cash flow management[24]. Research and Development - Research and development expenses increased by 36.59% compared to the same period last year, indicating a focus on innovation[11]. - Research and development expenses increased to ¥577,747,308.51, compared to ¥422,992,560.58 in the previous period, indicating a focus on innovation[30]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 160,037[14]. - Hubei Yihua Group holds 17.08% of shares, totaling 153,326,189 shares[14]. - The number of shareholders with voting rights restored is 10, with no significant changes in their holdings[14]. - The company’s major shareholder, Hubei Yihua Group, has no related party relationships with other shareholders[14]. - The company’s major shareholders include Hubei Hengxin Yingjia Investment Partnership with a 5.00% stake, totaling 44,936,491 shares[14]. Corporate Actions - The company approved a capital increase for Xinjiang Yihua Chemical Co., Ltd. through debt-to-equity conversion, converting a loan of 1 billion RMB into equity, resulting in a 35.597% ownership stake[18]. - Financial assistance of 102.9 million RMB was provided to Yichang Bangpu Yihua Environmental Technology Co., Ltd. for project funding[19]. - The company plans to issue up to 16 million A-shares, raising no more than 250 million RMB for clean coal gasification technology upgrades[20]. - The company completed the revision of its Articles of Association and governance rules, enhancing corporate governance[19]. - The company’s stock issuance proposal was approved by the local government and is currently under review by the China Securities Regulatory Commission[20]. Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[28]. - The company experienced a 52.85% decrease in financial expenses, mainly due to the repayment of bank loans[11]. - The company reported a 390.17% increase in investment income, primarily due to the disposal of subsidiaries[11].