楚江新材(002171) - 2022 Q3 - 季度财报

Financial Performance - Revenue for Q3 2022 was ¥9,249,085,525.18, a decrease of 6.78% compared to the same period last year[5] - Net profit attributable to shareholders was -¥180,587,679.48, a decline of 220.87% year-on-year[5] - Net profit excluding non-recurring items was -¥227,247,442.68, down 306.57% from the previous year[5] - The company reported a basic earnings per share of -¥0.1358, a decrease of 221.24% compared to the previous year[5] - The company's net profit for the first three quarters of 2022 was approximately ¥130.29 million, a decrease of 70.12% compared to ¥436.03 million in the same period of 2021[14] - Operating profit fell to ¥134.30 million, down 75.87% from ¥556.49 million year-on-year, primarily due to a sluggish downstream market in the basic materials sector[14] - The total profit for the period was ¥134.14 million, representing a 74.72% decline from ¥530.53 million in the previous year[14] - The company reported a net investment loss of ¥24,450,271.73, an improvement from a loss of ¥34,052,348.26 in the previous period[42] - The net profit for the current period is approximately ¥130.29 million, a decrease from ¥436.03 million in the previous period, representing a decline of about 70%[48] - The total comprehensive income for the current period is approximately ¥137.49 million, compared to ¥436.03 million in the previous period, indicating a decrease of around 68%[48] - The basic earnings per share for the current period is ¥0.0753, down from ¥0.3056 in the previous period, reflecting a decline of approximately 75%[48] Assets and Liabilities - Total assets increased to ¥15,030,963,369.59, representing a growth of 13.33% compared to the end of the previous year[7] - Non-current liabilities totaled ¥2,317,643,002.25, an increase from ¥2,040,435,327.12, representing a growth of about 13.6%[41] - The company's total liabilities reached ¥8,400,124,705.16, up from ¥6,740,231,162.89, reflecting an increase of about 24.6%[41] - The equity attributable to shareholders of the parent company was ¥6,170,176,475.21, slightly up from ¥6,166,265,640.85[41] - Deferred tax assets rose to ¥141,754,482.74 from ¥96,831,991.93, an increase of approximately 46.3%[41] Cash Flow - The company's cash flow from operating activities showed a net outflow of -¥522,690,351.82, an increase of 24.11% year-on-year[5] - The net cash flow from investment activities was negative at ¥625.05 million, a drastic increase of 4359.60% compared to a negative cash flow of ¥14.02 million in the previous year[17] - The cash flow from financing activities decreased by 57.93% to ¥245.45 million, down from ¥583.45 million year-on-year, attributed to increased cash dividends to shareholders[17] - The cash flow from operating activities shows a net outflow of approximately ¥522.69 million, an improvement from a net outflow of ¥688.77 million in the previous period[49] - Cash inflow from investment activities is approximately ¥2.56 billion, compared to ¥1.83 billion in the previous period, marking an increase of about 40%[51] - Cash outflow from investment activities is approximately ¥3.19 billion, up from ¥1.85 billion in the previous period, indicating an increase of around 73%[51] - Cash inflow from financing activities is approximately ¥3.94 billion, compared to ¥3.16 billion in the previous period, representing an increase of about 25%[51] - The cash and cash equivalents at the end of the period amount to approximately ¥1.50 billion, a decrease from ¥1.52 billion at the end of the previous period[51] Receivables and Inventory - Accounts receivable rose by 51.67% to ¥2,701,362,985.01 due to increased revenue and slower cash collection[11] - Prepayments increased by 56.71% to ¥807,228,570.92, attributed to higher raw material procurement payments[11] - Other receivables surged by 135.31% to ¥299,139,607.71, mainly due to increased margin deposits at futures exchanges[11] - The company's accounts receivable rose to approximately CNY 2.70 billion, reflecting an increase of 51.7% compared to CNY 1.78 billion at the beginning of the year[35] - The inventory level was approximately CNY 2.39 billion, showing a slight decrease of 4.5% from CNY 2.50 billion at the beginning of the year[35] Shareholder Activities - The company repurchased 49.08 million shares as part of its fourth employee stock ownership plan, resulting in a 44.92% decrease in treasury stock[14] - The company repurchased a total of 16,363,806 shares, accounting for 1.23% of the total share capital, with a total transaction amount of approximately CNY 149.87 million[28] - The third phase of the employee stock ownership plan was extended for an additional six months until March 5, 2023[29] Tax and Expenses - The company’s tax expenses dropped by 95.93% to ¥3.85 million, compared to ¥94.50 million in the same period last year, due to a decrease in total profit[14] - Research and development expenses decreased to ¥734,381,601.84 from ¥889,862,581.08, a reduction of approximately 17.5%[42] Other Comprehensive Income - The fair value change income from strategic placements in Zhongfu Shenying Carbon Fiber Co., Ltd. contributed to other comprehensive income, which was reported at ¥6.48 million, a 100% decrease from the previous year[14]