钱江摩托(000913) - 2022 Q3 - 季度财报

Financial Performance - Revenue for Q3 2022 reached ¥1,897,326,601.33, an increase of 44.26% compared to the same period last year[7] - Net profit attributable to shareholders was ¥210,066,555.45, up 102.11% year-on-year[7] - Net profit after deducting non-recurring gains and losses was ¥202,176,295.10, reflecting an 83.42% increase compared to the previous year[7] - Basic earnings per share for Q3 2022 was ¥0.4632, representing a 102.09% increase year-on-year[7] - Total operating revenue for the current period reached ¥4,480,208,097.47, an increase of 30.0% compared to ¥3,446,266,627.44 in the previous period[38] - Net profit for the current period was ¥388,897,919.32, representing a 87.0% increase from ¥207,727,233.56 in the previous period[41] - Basic earnings per share rose to ¥0.9043, compared to ¥0.6064 in the previous period, reflecting a 48.9% increase[43] - Total profit for the current period was ¥448,883,907.49, compared to ¥225,622,381.98 in the previous period, marking a 99.0% increase[41] Cash Flow - Operating cash flow for the year-to-date reached ¥1,785,703,033.95, a significant increase of 719.90%[7] - Net cash inflow from operating activities totaled 1,567,909,091.90, a significant increase of 719.90%, driven by higher cash receipts from sales of goods and services[19] - Cash flow from operating activities generated ¥1,785,703,033.95, significantly up from ¥217,793,942.05 in the previous period[45] - Net cash inflow from investment activities amounted to $170,405,570.95, compared to a net outflow of $25,315,136.49 in the previous period[46] - Total cash inflow from financing activities reached $904,289,988.80, an increase from $714,515,141.64 in the prior period[46] - The net cash flow from financing activities was $296,817,319.78, down from $655,598,518.30 in the previous period[46] - Cash and cash equivalents increased by $2,332,379,365.55 during the period, compared to an increase of $839,132,600.00 in the previous period[46] Assets and Liabilities - Total assets at the end of Q3 2022 amounted to ¥7,625,667,791.41, a 49.10% increase from the end of the previous year[7] - The company's total assets reached approximately CNY 7.63 billion, a significant increase from CNY 5.11 billion at the beginning of the year, representing a growth of about 49.3%[31] - The total liabilities as of September 30, 2022, amounted to approximately CNY 4.18 billion, up from CNY 2.10 billion, indicating an increase of about 99.4%[36] - The company's equity attributable to shareholders rose to approximately CNY 3.42 billion, compared to CNY 2.99 billion, reflecting an increase of about 14.3%[36] Research and Development - The company reported a 49.12% increase in R&D expenses, totaling ¥70,130,437.58, due to increased investment in materials and new molds[16] - Research and development expenses increased to ¥212,891,175.55, up 49.0% from ¥142,760,737.97 in the previous period[38] Investment and Financing - Investment income decreased by 272,343,696.02, a decline of 109.31%, primarily due to the exclusion of Zhejiang Qianjiang Lithium Battery Technology Co., Ltd. from consolidation, which previously incurred excess losses[19] - The company plans to invest approximately CNY 3 billion in a new motorcycle manufacturing project in the Zhejiang Wenzhou Economic Development Zone, which was approved by the shareholders' meeting[30] - The company received the first payment of CNY 312.82 million for land acquisition, part of a total compensation of CNY 1.25 billion approved by the shareholders[30] Other Financial Metrics - The company reported a significant increase in government subsidies, with other income rising by 106.63% to ¥6,717,132.71[16] - Fair value change income increased by 29,552,480.88, up 97.65%, mainly due to the impact of market price changes on stocks held by a subsidiary, which were fully sold in 2021[19] - Income tax expenses rose to 42,090,839.75, a significant increase of 235.21%, due to higher current income tax and deferred tax impacts[19] - The company experienced a decrease in investment income, reporting a loss of ¥23,186,599.47 compared to a profit of ¥249,157,096.55 in the previous period[38] Inventory and Receivables - The company's inventory as of September 30, 2022, was approximately CNY 1.14 billion, slightly up from CNY 1.12 billion at the beginning of the year, indicating a growth of about 2.5%[31] - The accounts receivable decreased to approximately CNY 408.28 million from CNY 487.77 million, showing a decline of about 16.2%[31] Impairment Losses - Credit impairment losses amounted to 141,846,761.13, a rise of 93.41%, mainly due to the exclusion of a subsidiary from consolidation, which previously offset bad debt provisions[19] - Asset impairment losses were 106,620,827.47, an increase of 59.72%, also due to the exclusion of the subsidiary from consolidation[19] Other Information - The company did not have an audited report for the third quarter[47]