万泽股份(000534) - 2022 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2022 was ¥206,696,246.69, representing a year-over-year increase of 9.21%[5]. - Net profit attributable to shareholders for the same period was ¥21,041,930.49, a slight increase of 0.06% compared to the previous year[5]. - The net profit excluding non-recurring gains and losses reached ¥15,996,767.42, up 12.53% year-over-year[5]. - Total operating revenue for the third quarter reached ¥581,328,333.12, an increase of 23.9% compared to ¥469,317,731.14 in the same period last year[63]. - Net profit for the period was ¥98,557,830.45, representing a 25% increase from ¥78,947,152.15 in the previous year[66]. - Total comprehensive income amounted to ¥98,557,830.45, an increase from ¥78,947,152.15 in the previous period[70]. - Net income attributable to the parent company was ¥95,584,195.05, up from ¥85,149,613.97 year-over-year[70]. - Basic earnings per share increased to ¥0.1922 from ¥0.1731, while diluted earnings per share rose to ¥0.1894 from ¥0.1719[70]. Cash Flow and Liquidity - Cash flow from operating activities showed a significant decline, with a net amount of ¥21,593,345.37, down 71.21% compared to the same period last year[5]. - Cash inflows from operating activities totaled ¥592,602,213.29, compared to ¥541,529,840.89 in the prior period[73]. - Net cash flow from operating activities decreased to ¥21,593,345.37 from ¥74,991,746.44 year-over-year[73]. - Cash outflows from investing activities were ¥294,869,102.15, down from ¥372,849,337.86 in the previous period[77]. - Net cash flow from investing activities was -¥293,521,368.04, worsening from -¥144,599,504.44 year-over-year[77]. - Cash inflows from financing activities increased to ¥299,660,498.84 from ¥134,670,541.37[77]. - Net cash flow from financing activities improved to ¥114,130,554.11 from -¥155,768,603.56 year-over-year[77]. - The ending balance of cash and cash equivalents was ¥159,226,199.00, slightly down from ¥159,749,222.35 in the previous period[79]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,307,440,965.43, an increase of 8.97% from the end of the previous year[5]. - The company's total assets increased to ¥2,307,440,965.43, compared to ¥2,117,454,697.21, marking a growth of 9%[58]. - The total liabilities increased to ¥1,084,532,061.66, up from ¥1,017,964,343.14, reflecting a growth of 6.5%[58]. - The total current assets decreased to ¥611,263,227.36 as of September 30, 2022, from ¥663,389,003.51 on January 1, 2022, representing a decline of approximately 7.9%[50]. Equity and Shareholder Information - The total equity attributable to shareholders increased by 10.19% to ¥1,180,289,800.48 compared to the end of the previous year[5]. - The equity attributable to shareholders of the parent company increased to ¥1,180,289,800.48 from ¥1,071,171,820.88, reflecting a growth of 10.2%[58]. - The company approved adjustments to the exercise price of stock options under the 2020 equity incentive plan from ¥13.64 per share to ¥13.59 per share[45]. - The company granted 4.995 million restricted shares under the 2021 equity incentive plan at a price of ¥7.70 per share[46]. - The company plans to adjust the repurchase price of restricted shares under the 2021 equity incentive plan from ¥7.70 per share to ¥7.65 per share[46]. - A total of 927,900 restricted shares were released for trading on April 19, 2022, following the completion of the first unlock period[40]. - The company has not disclosed any known relationships among the top shareholders or whether they are acting in concert as defined by the regulations[36]. Research and Development - The company's R&D expenditure increased by 173.87% compared to the beginning of the period, reflecting a stronger focus on innovation[17]. - Research and development expenses decreased to ¥45,627,246.42 from ¥49,068,106.23, a reduction of 7.4%[63]. Accounts Receivable and Inventory - The number of accounts receivable increased by 91.84%, primarily due to a significant rise in sales volume of high-temperature alloy products[13]. - Accounts receivable increased to ¥247,461,479.88 as of September 30, 2022, compared to ¥128,991,111.94 on January 1, 2022, reflecting a growth of approximately 92.1%[50]. - Inventory as of September 30, 2022, was ¥128,683,745.13, up from ¥102,004,036.62 on January 1, 2022, indicating an increase of about 26.1%[50]. Operating Costs - The company reported a 39.70% increase in operating costs year-over-year, attributed to higher sales volumes[25]. - Total operating costs amounted to ¥470,320,849.76, up from ¥437,482,348.27, reflecting a year-over-year increase of 7.6%[63]. Other Information - The company experienced a 100% decrease in non-current assets due within one year, mainly due to the repayment of financing lease loans[12]. - The company has not reported any significant new product developments or market expansions in the recent quarter[39]. - Long-term equity investments rose to ¥9,527,587.54 from ¥9,168,917.89, indicating a year-over-year increase of 3.9%[58]. - The company reported a significant increase in contract liabilities, which rose to ¥4,162,548.20 from ¥2,395,039.87, a growth of 74%[56].