宝武镁业(002182) - 2022 Q3 - 季度财报

Revenue and Profit - Revenue for Q3 2022 reached ¥2,143,488,422.80, an increase of 4.36% year-over-year, while year-to-date revenue was ¥7,108,407,987.63, up 25.76% compared to the same period last year[6] - Net profit attributable to shareholders for Q3 2022 was ¥76,367,307.72, a decrease of 37.09% year-over-year, but year-to-date net profit increased by 119.60% to ¥579,006,841.72[6] - The company experienced a 140.96% increase in operating profit, reaching ¥764,694,069.66, driven by higher sales prices and improved gross margins[12] - The net profit margin for the year-to-date period improved significantly, reflecting the company's effective pricing strategy and favorable exchange rate impacts[12] - The net profit for the current period is 633,024,616.55, a significant increase from 271,111,582.73 in the previous period, representing a growth of approximately 133%[34] - Operating profit for the current period reached 764,694,069.66, compared to 317,351,191.19 in the previous period, indicating a growth of approximately 141%[34] - The total profit for the current period is 755,804,125.03, compared to 315,210,273.77 in the previous period, marking an increase of about 140%[34] Cash Flow and Financial Position - The company's cash flow from operating activities for the year-to-date period was ¥683,765,875.40, reflecting a significant increase of 129.39% compared to the previous year[12] - Net cash flow from operating activities was 683,765,875.40, an increase from 298,083,643.61 in the previous period, representing a growth of approximately 129%[41] - Cash inflow from financing activities totaled 1,633,837,077.48, compared to 2,021,264,180.58 in the previous period, indicating a decrease of about 19%[41] - Total cash outflow from investing activities was 1,111,610,330.83, compared to 747,015,839.41 in the previous period, indicating an increase of about 49%[41] - The total cash and cash equivalents at the end of the period amounted to 274,776,647.95, down from 442,062,189.71 in the previous period, a decrease of about 38%[41] - The impact of exchange rate changes on cash and cash equivalents was a positive 30,636,830.12, contrasting with a negative impact of -8,050,281.11 in the previous period[41] Assets and Liabilities - Total assets as of the end of Q3 2022 amounted to ¥8,805,735,781.90, representing an 18.83% increase from the end of the previous year[6] - Current liabilities totaled ¥3,740,235,759.85, an increase from ¥3,010,747,286.77, representing a rise of 24.2%[30] - Non-current liabilities rose to ¥498,338,036.95 from ¥414,002,650.17, indicating a growth of 20.4%[30] - The company's total equity increased to ¥4,567,161,985.10, compared to ¥3,985,449,622.35, reflecting a growth of 14.6%[30] - Long-term equity investments surged to ¥663,131,808.69 from ¥302,911,068.40, representing a significant increase of 119.5%[30] Shareholder Information - The total number of common shareholders at the end of the reporting period is 62,800, with the largest shareholder, Mei Xiaoming, holding 18.03% of shares, equivalent to 116,559,895 shares[13] - Baosteel Metal Co., Ltd. is the second-largest shareholder, holding 14.00% of shares, which amounts to 90,499,155 shares[13] - The company plans to issue 62 million shares to Baosteel Metal Co., Ltd., which would increase its shareholding to 21.53%[22] Research and Development - Research and development expenses for Q3 2022 were ¥298,153,247.52, an increase of 35.21% compared to the same period last year, driven by increased R&D projects[12] - Research and development expenses increased to 298,153,247.52 from 220,510,057.82, reflecting a rise of about 35%[34] Investments and Joint Ventures - The company has completed a capital increase of RMB 80 million in Baomake Technology, acquiring a 13.409% stake[17] - A joint venture named Anhui Magnesium-Aluminum Construction Template Technology Co., Ltd. was established with a registered capital of RMB 160 million, where the company holds a 62.5% stake[20] - The company won mining rights for magnesium limestone with a total resource amount of 56.5073 million tons, paying RMB 23,187.9684 million for the rights[20] - The company signed a cooperation agreement with Chongqing University to develop high-performance magnesium alloy materials for automotive applications[21] Operational Performance - Total operating revenue for the third quarter reached ¥7,108,407,987.63, an increase of 25.7% compared to ¥5,652,147,134.20 in the same period last year[31] - Total operating costs amounted to ¥6,353,812,123.27, up from ¥5,376,007,058.67, reflecting a year-over-year increase of 18.1%[31] - Inventory levels rose to ¥1,304,990,287.87, up from ¥1,103,493,740.13, which is an increase of 18.3%[30] - The company reported a decrease in financial expenses to 49,349,764.58 from 84,578,954.16, a reduction of approximately 42%[34] - The company experienced a loss in investment income of -19,898,637.10, compared to a gain of 5,056,372.83 in the previous period[34] Future Outlook - Future outlook includes continued focus on market expansion and potential new product development, although specific strategies were not detailed in the provided data[31]