ST鸿达(002002) - 2022 Q3 - 季度财报

Financial Performance - Revenue for Q3 2022 was CNY 1,247,801,672.03, a decrease of 41.58% compared to the same period last year[6]. - Net profit attributable to shareholders was CNY 8,237,128.74, down 98.47% year-on-year[6]. - Basic earnings per share decreased by 98.54% to CNY 0.0026[6]. - Operating income for the first nine months was CNY 3,830,030,159.09, down 32.37% year-on-year due to the impact of the pandemic and maintenance of production facilities[10]. - The company reported a 79.09% decline in net profit for the reporting period, totaling CNY 283,414,391.48[10]. - The company reported a total operating revenue of ¥3,830,030,159.09 for the current period, a decrease from ¥5,662,943,063.88 in the previous period, reflecting a decline of approximately 32.5%[20]. - The net profit for Q3 2022 was approximately ¥283.41 million, a significant decrease from ¥1.36 billion in Q3 2021, representing a decline of about 79%[21]. - Operating profit for Q3 2022 was ¥349.09 million, down from ¥1.57 billion in the same period last year, indicating a decrease of approximately 78%[21]. - Total revenue from sales and services received in Q3 2022 was ¥1.07 billion, compared to ¥3.93 billion in Q3 2021, reflecting a decline of about 73%[24]. - The total comprehensive income for Q3 2022 was ¥283.41 million, compared to ¥1.36 billion in Q3 2021, indicating a decline of approximately 79%[22]. Cash Flow and Financial Position - Cash flow from operating activities for the year-to-date was CNY 75,799,962.22, an increase of 44.14%[6]. - Cash received from operating activities was ¥271,409,894.94, down 65.01% from ¥775,589,372.70, also due to increased bill settlements and reduced cash income[11]. - The net cash flow from operating activities increased by 44.14% to ¥75,799,962.22 from ¥52,587,382.09, as the company focused on cost reduction and improved capital management[11]. - The net cash flow from investment activities was -¥85,165,622.72, a decrease of 32.19% compared to -¥125,603,316.45, indicating reduced cash outflow for project investments[11]. - The net cash flow from financing activities was ¥1,443,100.17, a significant change from -¥8,638,167.20, reflecting a decrease in financing payments[11]. - The company's cash and cash equivalents decreased by 90.89% to -¥7,449,948.41 from -¥81,760,901.71, indicating a significant reduction in cash flow during the reporting period[12]. - Cash and cash equivalents at the end of Q3 2022 were ¥1.84 million, down from ¥10.51 million at the end of Q3 2021, representing a decrease of about 83%[24]. - The company's cash and cash equivalents decreased to ¥45,784,360.19 from ¥69,407,578.47, representing a decline of approximately 34.0%[17]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 17,956,823,083.55, an increase of 0.46% from the end of the previous year[6]. - The company’s total current assets as of September 30, 2022, amounted to ¥5,184,751,459.75, slightly up from ¥5,130,726,967.92 at the beginning of the year[18]. - The company’s total liabilities decreased to ¥7,640,057,886.61 from ¥7,847,306,615.92, showing a reduction of approximately 2.6%[19]. - The company’s total assets increased to ¥17,956,823,083.55 from ¥17,875,417,769.32, reflecting a growth of about 0.5%[19]. - The company’s non-current assets totaled ¥12,772,071,623.80, slightly up from ¥12,744,690,801.40, indicating a marginal increase[18]. Operational Highlights - Financial expenses increased by 50.37% to CNY 288,144,729.66, primarily due to increased interest expenses from legal disputes[10]. - The company experienced a 62.68% decrease in other income, totaling CNY 7,184,514.35, attributed to reduced government subsidies[10]. - Research and development expenses for Q3 2022 were ¥49.89 million, slightly down from ¥52.48 million in Q3 2021, indicating a decrease of about 5%[21]. - Financial expenses in Q3 2022 were ¥288.14 million, up from ¥191.62 million in Q3 2021, representing an increase of approximately 50%[21]. - The company maintained stable production and sales of chlor-alkali products, contributing positively to its business performance[15]. Strategic Initiatives - The company has established a hydrogen energy research institute in Guangzhou to accelerate hydrogen energy development and has invested in the first civil liquid hydrogen plant in China[14]. - The company is actively promoting the industrialization of hydrogen production, storage, and application, with plans for the first hydrogen refueling station in Inner Mongolia[14]. - The company emphasized its commitment to achieving carbon peak and carbon neutrality goals, focusing on clean and low-carbon energy technologies such as hydrogen production and storage[15]. - The company is actively investing in soil restoration to support agricultural green development, aligning with its green agriculture philosophy[15]. Shareholder Information - The top shareholder, Hongda Xingye Group, holds 11.31% of shares, with a total of 353,239,250 shares, and has pledged a portion of its holdings[12]. - The total number of ordinary shareholders at the end of the reporting period was 191,374, indicating a broad shareholder base[12].