宗申动力(001696) - 2022 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2022 was ¥1,750,486,645.39, a decrease of 22.51% compared to ¥2,258,938,201.13 in the same period last year[6] - Net profit attributable to shareholders was ¥132,701,987.21, an increase of 12.45% from ¥118,009,700.68 year-on-year[6] - The net profit after deducting non-recurring gains and losses reached ¥141,548,362.04, up 46.01% from ¥96,943,975.47 in the previous year[6] - Basic earnings per share for Q3 2022 were ¥0.1159, reflecting a 12.42% increase from ¥0.1031 in the same period last year[6] - Total operating revenue for the current period is ¥6,435,633,822.44, a decrease of 8.5% from ¥7,031,251,587.81 in the previous period[31] - Net profit for the current period is ¥411,484,738.68, an increase of 2.5% compared to ¥403,052,474.68 in the previous period[34] - Operating profit for the current period is ¥460,382,630.75, up from ¥443,740,595.12 in the previous period, reflecting a growth of 3.0%[34] - Total comprehensive income for the current period is ¥436,697,392.09, compared to ¥391,747,606.31 in the previous period, reflecting an increase of 11.4%[34] - The basic earnings per share for the current period is ¥0.3451, up from ¥0.3240 in the previous period, representing a growth of 6.8%[34] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥1,158,797,667.98, a significant increase of 627.42% compared to ¥159,302,010.26 last year[6] - Cash flow from operating activities for the current period is ¥1,158,797,667.98, significantly higher than ¥159,302,010.26 in the previous period[38] - Cash inflow from operating activities totaled ¥7,183,773,117.94, compared to ¥6,676,570,581.21 in the previous period, indicating a growth of 7.57%[38] - The net cash flow from investing activities improved by 55.99% to -20,915.57 million, due to a reduction in investments in financial products[19] - The net cash flow from financing activities decreased by 161.47% to -122,889.86 million, primarily due to loan repayments[19] - The net cash flow from investing activities was -209,155,707.44 CNY, compared to -475,253,482.29 CNY in the previous period[40] - The total cash inflow from financing activities was 1,113,414,191.02 CNY, down from 1,836,983,495.01 CNY year-over-year[40] - The net cash flow from financing activities was -1,228,898,590.90 CNY, compared to -470,004,109.15 CNY in the previous period[40] - The cash outflow for debt repayment was 1,568,432,800.46 CNY, compared to 1,043,636,818.32 CNY in the previous period[40] - The net decrease in cash and cash equivalents was -267,164,375.81 CNY, compared to -736,358,327.15 CNY previously[40] Assets and Liabilities - The total assets at the end of the reporting period were ¥9,835,801,871.58, a decrease of 11.95% from ¥8,680,706,857.94 at the end of the previous year[6] - The total liabilities decreased to RMB 3,597,176,640.68 from RMB 4,882,201,912.86, marking a reduction of about 26.3%[29] - The total assets were reported at RMB 8,680,706,857.94, down from RMB 9,858,389,393.03, reflecting a decrease of approximately 11.9%[29] - The company's non-current assets totaled RMB 3,879,242,940.82, down from RMB 4,145,575,048.73, reflecting a decrease of approximately 6.4%[29] - Total liabilities decreased significantly, with short-term borrowings down by 55.15% to 37,808.26 million[15] - The company reported a decrease in short-term borrowings to RMB 378,082,603.00 from RMB 843,032,129.41, a reduction of about 55.3%[29] Investments and Acquisitions - The company completed the acquisition of 65% stakes in two subsidiaries, increasing its ownership in Chongqing Zongshen Electric Power Technology Co., Ltd. and Chongqing Zongshen Continuously Variable Transmission Co., Ltd. to 75%[9] - Research and development expenses rose by 58.27% to 5,462.38 million, reflecting a commitment to new product development[15] - Research and development expenses increased to ¥177,243,770.62 from ¥147,589,166.12, marking a rise of 19.99%[31] - Construction in progress increased by 152.28% to 17,507.98 million, indicating increased investment in project development[15] Government Subsidies and Other Income - The company reported a total of ¥20,274,671.31 in government subsidies related to normal business operations during the reporting period[11] - The company reported a 32.64% decline in interest income to 9,850.07 million, attributed to reduced lending activities[15] Current Assets - As of September 30, 2022, the total current assets amounted to RMB 4,801,463,917.12, a decrease from RMB 5,712,814,344.30 at the beginning of the year, reflecting a decline of approximately 15.9%[24] - The company's cash and cash equivalents were reported at RMB 1,237,950,656.07, down from RMB 1,456,966,512.07, indicating a decrease of about 15.0%[24] - Accounts receivable stood at RMB 1,551,814,558.88, compared to RMB 1,662,951,520.70 at the start of the year, representing a decline of approximately 6.6%[24] - Inventory levels were reported at RMB 802,090,746.40, down from RMB 982,737,561.77, indicating a decrease of approximately 18.3%[27] Miscellaneous - The weighted average return on equity increased to 2.84%, up 0.21 percentage points from 2.63% in the previous year[6] - Derivative financial assets decreased by 96.34% to 91.06 million, primarily due to changes in the fair value of forward foreign exchange contracts[15] - Accounts receivable decreased by 32.53% to 21,695.10 million, reflecting a significant reduction in outstanding payments[15] - Loans and advances decreased by 30.83% to 84,081.93 million, as the company reduced lending to control risk[15] - The third quarter report was not audited[42]