GUOFENG(SZ:000859)2022-10-25 16:00Financial Performance - The company's revenue for Q3 2022 reached ¥603,142,514.31, representing a year-on-year increase of 19.28%[5] - The net profit attributable to shareholders decreased by 31.59% to ¥38,511,752.75 for the same period[5] - The net profit after deducting non-recurring gains and losses fell by 59.92% to ¥18,757,154.19[5] - Total operating revenue for the third quarter reached ¥1,818,933,690.20, an increase of 28.9% compared to ¥1,411,108,004.60 in the same period last year[18] - Net profit for the period was ¥179,394,910.50, a decrease of 18.0% from ¥219,610,787.70 in the previous year[18] - The total comprehensive income for the period was CNY 179,394,910.50, compared to CNY 223,423,596.59 in the previous period, reflecting a decrease of approximately 19.7%[19] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥3,594,507,647.14, an increase of 10.51% compared to the end of the previous year[5] - The company's total assets increased to ¥3,594,507,647.14, compared to ¥3,252,574,955.66 at the beginning of the year, reflecting a growth of 10.5%[17] - Current assets totaled ¥1,677,262,527.76, up 5.8% from ¥1,584,935,538.57 at the start of the year[17] - The total liabilities increased to ¥737,159,953.56, up from ¥556,702,647.16, indicating a rise of 32.4%[17] Cash Flow - Cash flow from operating activities showed a net outflow of ¥87,007,675.33, down 47.25% year-on-year[5] - The net cash flow from operating activities was CNY 87,007,675.33, down from CNY 164,942,131.44 in the previous period, indicating a decline of about 47.3%[21] - Cash inflow from sales of goods and services reached CNY 1,563,664,798.44, an increase of approximately 11.6% from CNY 1,400,926,264.39 in the previous period[20] - The net cash flow from investment activities was -CNY 260,294,822.69, an improvement from -CNY 540,436,776.94 in the previous period[21] - The total cash and cash equivalents at the end of the period were CNY 676,480,782.43, down from CNY 770,355,316.14 in the previous period, a decrease of approximately 12.2%[21] Shareholder Information - The total number of common shareholders at the end of the reporting period was 47,282[10] - The largest shareholder, Hefei Industrial Investment Holding (Group) Co., Ltd., holds 29.11% of the shares, totaling 260,841,634 shares[10] - The company has a total of 10 major shareholders, with the top 10 holding significant stakes in the company[10] - The company has not disclosed any related party transactions among the major shareholders[10] Management and Governance - The company experienced changes in senior management, including the resignation of the independent director and the chairman of the supervisory board[13] - The company has no preferred shareholders as of the reporting period[11] Investment Plans - The company plans to invest a total of 279.32 million RMB in the construction of a new flexible electronic polyimide film project[11] - The company intends to invest 1.451 billion RMB to establish an annual production capacity of 1 billion square meters of optical-grade polyester film[12] - The company is actively expanding its product offerings and market presence through new project investments[12] Expenses - The company's sales expenses increased by 58.37% due to higher sales volume[9] - Research and development expenses for the quarter were ¥53,924,275.48, compared to ¥46,973,769.73 in the previous year, reflecting an increase of 14.5%[18] - The company paid CNY 136,067,693.97 to employees, an increase from CNY 106,683,613.95 in the previous period, reflecting a rise of about 27.4%[21]