Eastcompeace(SZ:002017)2022-10-26 16:00Financial Performance - The company's revenue for Q3 2022 reached ¥284,750,780.86, representing a 33.99% increase year-over-year[3] - Net profit attributable to shareholders was ¥31,485,491.59, a significant increase of 498.26% compared to the same period last year[3] - The basic earnings per share for the period was ¥0.0705, reflecting a 497.46% increase year-over-year[3] - Total operating revenue for the period reached CNY 884,839,605.88, an increase of 19.2% compared to CNY 742,183,954.84 in the previous period[20] - Operating profit for the period was CNY 75,704,596.92, up from CNY 35,469,980.03, representing a growth of 113.5%[22] - Net profit attributable to shareholders of the parent company was CNY 60,634,291.97, a significant increase of 112.5% from CNY 28,579,438.12 in the same period last year[22] - The company reported a total comprehensive income of CNY 78,859,238.23, significantly higher than CNY 31,176,328.99 in the same period last year[22] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥2,791,621,058.67, marking a 22.13% increase from the end of the previous year[4] - The company's total current assets as of September 30, 2022, amount to ¥2,509,425,384.92, an increase from ¥1,982,870,563.19 at the beginning of the year[17] - The total liabilities of the company as of September 30, 2022, are ¥1,286,776,400.38, compared to ¥837,557,536.65 at the beginning of the year[18] - The company's total assets as of September 30, 2022, are ¥2,791,621,058.67, up from ¥2,285,851,972.92 at the beginning of the year[18] - The company has a total of 1,221,794,973.16 in current liabilities as of September 30, 2022, compared to ¥774,136,103.77 at the beginning of the year[18] Cash Flow - Cash flow from operating activities decreased by ¥27,740,000 year-to-date, primarily due to increased procurement payments[10] - The company reported a net cash flow from operating activities of CNY 128,945,138.40, down 17.7% from CNY 156,687,601.88 in the previous period[25] - The net cash flow from investing activities was -11,557,491.25 CNY, compared to -28,588,996.58 CNY in the previous period[26] - The net cash flow from financing activities was -10,707,731.03 CNY, a decrease from 38,353,344.14 CNY in the previous period[26] - Cash and cash equivalents at the end of the period totaled 1,565,403,608.01 CNY, up from 1,404,422,805.43 CNY in the previous period[26] - The net increase in cash and cash equivalents for the period was 114,621,226.21 CNY, down from 165,329,598.69 CNY in the previous period[26] Shareholder Information - The total number of common shareholders at the end of the reporting period is 42,215[12] - The largest shareholder, China Electronics Technology Group Corporation, holds 29.38% of shares, totaling 131,172,253 shares[12] - The second-largest shareholder, Zhuhai Putian Peace Telecom Industry Co., Ltd., holds 14.83% of shares, totaling 66,228,631 shares[12] Operational Insights - Accounts receivable increased by 64.30% year-to-date, reaching ¥234,170,000, primarily due to sales growth[8] - Inventory balance grew by 76.09% year-to-date, totaling ¥538,160,000, attributed to rising raw material prices and extended procurement cycles[8] - The company reported accounts receivable of ¥234,171,581.99 as of September 30, 2022, compared to ¥142,524,218.37 at the beginning of the year, indicating a significant increase[17] - The company has completed the production intelligent transformation upgrade project, and the corresponding fundraising account has been closed[15] Research and Development - Research and development expenses amounted to CNY 80,432,838.42, an increase of 9.4% compared to CNY 73,401,363.64 in the previous period[20] Other Information - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[1] - The company did not undergo an audit for the third quarter report[27] - The report was presented by the Board of Directors on October 27, 2022[29]