泰和新材(002254) - 2022 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2022 was ¥850,819,834.40, a decrease of 26.40% compared to the same period last year[5]. - Net profit attributable to shareholders was ¥13,419,774.23, down 95.39% year-on-year[5]. - The net profit after deducting non-recurring gains and losses was ¥7,424,088.14, a decline of 97.31% compared to the previous year[5]. - Total operating revenue for the current period is CNY 2,802,554,502.12, a decrease of 14.6% compared to CNY 3,281,742,862.32 in the previous period[56]. - The net profit for the third quarter was approximately ¥345.35 million, a decrease of 60.24% compared to ¥869.56 million in the same period last year[63]. - Operating profit for the quarter was ¥396.02 million, down from ¥1.01 billion year-over-year, reflecting a significant decline[63]. - Earnings per share (EPS) for the quarter was ¥0.45, down from ¥1.07 in the same quarter last year, reflecting a decline of 58.88%[63]. - The total comprehensive income for the quarter was ¥345.35 million, compared to ¥869.56 million in the same period last year, indicating a significant drop[63]. Assets and Liabilities - The total assets at the end of the reporting period were ¥9,178,158,541.87, an increase of 12.86% from the end of the previous year[8]. - Current liabilities surged to CNY 3,142,100,987.39, compared to CNY 1,942,862,939.18, reflecting an increase of 61.8%[52]. - Total liabilities increased to CNY 4,726,907,665.36 from CNY 3,574,711,039.22, indicating a rise of 32.2%[52]. - The company's total equity decreased to CNY 4,451,250,876.51 from CNY 4,557,289,929.27, a decline of 2.3%[55]. - Non-current assets totaled CNY 4,915,582,036.01, significantly higher than CNY 3,649,232,407.74, marking a growth of 34.7%[49]. Cash Flow - Cash flow from operating activities decreased by 40.10% year-on-year, totaling ¥370,701,143.14[5]. - The cash flow from operating activities generated a net amount of ¥370.70 million, down from ¥618.83 million in the same quarter last year, a decrease of 40%[67]. - The company reported a total cash inflow from investment activities of approximately ¥1.79 billion, an increase from ¥1.41 billion year-over-year[67]. - The cash flow from financing activities resulted in a net outflow of ¥366.85 million, contrasting with a net inflow of ¥223.76 million in the previous year[70]. - Cash and cash equivalents increased to CNY 2,502,490,668.50 from CNY 2,452,088,924.36, showing a growth of 2.0%[46]. - The cash and cash equivalents at the end of the period totaled approximately ¥2.16 billion, down from ¥2.47 billion at the end of the previous year[70]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 29,490, with the largest shareholder, Yantai Guofeng Investment Holding Group Co., Ltd., holding 18.56% of shares, equating to 126,995,477 shares[34]. - Yantai Yutai Investment Co., Ltd. holds 17.47% of shares, amounting to 119,552,623 shares, making it the second-largest shareholder[34]. - The top ten shareholders collectively hold significant stakes, with the smallest among them, Jilin Province Rongyue Equity Investment Fund Management Co., Ltd., holding 1.06% or 7,231,600 shares[34]. - The report indicates that Yantai Guofeng Investment Holding Group Co., Ltd. and Yantai Yutai Investment Co., Ltd. are acting in concert, with Yantai Guosheng Investment Holding Co., Ltd. being a wholly-owned subsidiary of Yantai Guofeng[37]. - The company has not disclosed any significant changes in the status of pledged or frozen shares among the top shareholders[34]. Operational Insights - Cash flow from operating activities decreased by 40.10% year-on-year, totaling ¥370,701,143.14[5]. - The company reported a 560.53% decrease in financial expenses, attributed to increased exchange gains and government subsidies received[24]. - Research and development expenses for the current period amounted to CNY 122,602,415.09, compared to CNY 114,522,548.36 in the previous period, indicating an increase of 7.5%[56]. - The company initiated a non-public offering of A-shares in 2021, receiving approval from the China Securities Regulatory Commission on August 3, 2022[38]. - The report does not indicate any new product or technology developments, market expansions, or mergers and acquisitions during the reporting period[40].