*ST炼石(000697) - 2022 Q3 - 季度财报

Revenue and Profitability - Revenue for Q3 2022 was CNY 311,838,791.65, an increase of 25.30% year-over-year, while year-to-date revenue reached CNY 910,275,283.55, up 26.92% compared to the same period last year[5] - Net profit attributable to shareholders for Q3 2022 was a loss of CNY 107,518,087.13, a decrease of 59.31% year-over-year, with a year-to-date loss of CNY 291,668,739.47, down 51.61%[5] - Basic and diluted earnings per share for Q3 2022 were both CNY -0.1601, reflecting a decline of 59.30% compared to the same period last year[5] - The net profit for the third quarter of 2022 was -292,425,412.02 CNY, compared to -193,106,069.53 CNY in the same period last year, representing an increase in net loss of approximately 51.6%[21] - The total operating profit for the third quarter was -287,829,099.79 CNY, worsening from -174,579,391.69 CNY year-over-year[21] - The company experienced a total comprehensive loss of -355,491,754.42 CNY for the quarter, compared to -237,084,082.03 CNY in the same quarter last year[21] Assets and Liabilities - Total assets at the end of Q3 2022 were CNY 3,209,201,968.72, a decrease of 1.13% from the end of the previous year[5] - Shareholders' equity attributable to the parent company was CNY 73,795,370.45, down 82.78% from the end of the previous year[5] - Total liabilities increased to RMB 3,144,904,506.69 from RMB 2,826,054,784.66, indicating a rise in financial obligations[17] Cash Flow and Financial Activities - The company reported a net cash flow from financing activities of CNY 138,212,759.23, a decrease of 40.09% compared to the previous year[11] - The company reported a cash flow from operating activities net loss of -102,212,371.93 CNY, an improvement from -127,876,708.82 CNY in the previous year[23] - The total cash inflow from operating activities was 1,208,122,260.49 CNY, compared to 809,451,814.85 CNY in the previous year, indicating a growth of approximately 49.2%[23] - The cash outflow from investing activities was 227,726,615.85 CNY, significantly higher than 93,316,187.19 CNY in the same period last year[24] - The net cash flow from financing activities was 138,212,759.23 CNY, a decrease from 230,694,685.37 CNY in the previous year[24] Operational Performance - The total operating revenue for the third quarter of 2022 was RMB 910,275,283.55, an increase of 26.9% compared to RMB 717,218,504.88 in the same period last year[19] - The total operating costs for the same period were RMB 1,200,861,682.77, up 34.4% from RMB 893,173,067.98 year-over-year[19] - The gross profit margin decreased, with operating costs rising faster than revenue growth, indicating potential challenges in cost management[19] - The company is focusing on improving operational efficiency and managing costs to enhance profitability in future quarters[19] Research and Development - Research and development expenses for the year-to-date period were CNY 16,056,267.37, an increase of 142.41% year-over-year due to the introduction of new product varieties[10] - Research and development expenses increased to RMB 16,056,267.37 from RMB 6,623,649.63, reflecting a commitment to innovation despite financial losses[19] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 43,718, with the largest shareholder holding 18.81% of the shares[12] Government Subsidies - The company received government subsidies amounting to CNY 7,127,901.89 year-to-date, an increase of 36.38% compared to the previous year[10] Other Financial Metrics - The company's cash and cash equivalents decreased to RMB 93,288,471.64 from RMB 137,588,702.23 at the beginning of the year, reflecting a cash outflow situation[15] - Accounts receivable increased significantly to RMB 333,924,865.67 from RMB 259,439,129.87, indicating a potential increase in credit risk[16] - Inventory levels rose to RMB 323,937,482.40 from RMB 286,563,953.23, suggesting a buildup of stock that may need to be managed[16] - The company reported an investment loss of -345,694.35 CNY, a decrease from -875,672.30 CNY year-over-year[21]