宏达新材(002211) - 2022 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2022 was ¥86,952,310.30, a decrease of 29.79% compared to ¥118,265,336 from the same period last year[5] - The net profit attributable to shareholders for Q3 2022 was -¥5,893,282.11, representing a significant improvement of 94.57% from -¥108,516,030 in the previous year[5] - The company's total revenue for the first nine months of 2022 was CNY 285.21 million, a decrease of 29.79% compared to CNY 406.22 million in the same period of 2021[13] - Total operating revenue for Q3 2022 was ¥285,210,620.49, a decrease of 29.7% compared to ¥406,218,091.92 in the same period last year[21] - The company reported a net loss of ¥25,221,859.18 for Q3 2022, an improvement from a loss of ¥214,115,707.60 in the previous year[21] - The net profit for Q3 2022 was -24,156,247.64 CNY, an improvement from -204,526,679.50 CNY in the same period last year, indicating a reduction in losses by approximately 88.2%[22] - The total comprehensive income for Q3 2022 was -24,156,247.64 CNY, compared to -204,526,679.50 CNY in Q3 2021, reflecting a significant reduction in comprehensive losses[22] Cash Flow and Assets - The net cash flow from operating activities for the year-to-date was ¥47,803,690, showing a substantial increase of 243.36% compared to -¥33,345,010 in the same period last year[5] - The company reported a net cash flow from operating activities of CNY 47.80 million, a significant improvement of 243.36% compared to a negative cash flow of CNY 33.35 million in the previous year[13] - The company’s cash flow from investing activities improved by 496.38% to CNY 6.50 million, reflecting refunds from prior fixed asset prepayments[13] - The cash flow from investing activities generated a net inflow of 6,503,284.01 CNY in Q3 2022, compared to a net outflow of -1,640,664.36 CNY in the same period last year[24] - The cash flow from financing activities resulted in a net outflow of -5,538,277.09 CNY in Q3 2022, an improvement from -75,264,595.69 CNY in Q3 2021, indicating a reduction in financing losses[24] - Cash and cash equivalents decreased to ¥179,889,737.81 from ¥207,910,125.62, a decline of 13.5%[19] - The company reported a total cash and cash equivalents balance of 73,705,962.94 CNY at the end of Q3 2022, compared to 25,694,944.17 CNY at the end of Q3 2021, showing an increase of approximately 187.5%[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥361,737,701.82, reflecting a decrease of 30.07% from ¥517,305,210.80 at the end of the previous year[5] - The company's total assets decreased to ¥361,737,701.82, down 30.1% from ¥517,305,210.83[19] - The equity attributable to shareholders decreased by 45.55% to ¥28,870,977.59 from ¥53,027,225.23 at the end of the previous year[5] - Total current assets decreased to ¥251,088,794.85, down 37.1% from ¥400,002,333.66[19] - Total liabilities decreased to ¥332,866,724.23, a reduction of 28.3% from ¥464,277,985.60[19] - The company’s total liabilities decreased significantly, with accounts payable down 56.24% to CNY 23.20 million, influenced by reduced supplier payments in the silicone rubber business[12] Operating Costs and Expenses - Operating costs for the same period were CNY 275.51 million, down 23.78% from CNY 361.46 million, reflecting the decline in sales[13] - Total operating costs for Q3 2022 were ¥312,786,558.41, down from ¥426,847,664.63, reflecting a reduction of 26.7%[21] - Research and development expenses were CNY 11.59 million, down 48.49% from CNY 22.50 million, as subsidiaries ceased operations[13] - Research and development expenses for Q3 2022 were ¥11,590,937.26, down 48.6% from ¥22,502,455.17 in the previous year[21] Adjustments and Accounting - The company made adjustments to its financial statements due to accounting errors, impacting the reported sales expenses and operating costs[6] - The company has not identified any other non-recurring profit and loss items beyond those reported[8] - The company has not made any changes to its accounting policies that would affect the financial results reported[10] Market and Product Developments - The company did not report any new product launches or technological advancements during this quarter[25] - There were no significant market expansions or mergers and acquisitions reported in the third quarter of 2022[25]