章源钨业(002378) - 2022 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2022 was ¥830,573,130.49, representing a 6.18% increase year-over-year, while the year-to-date revenue reached ¥2,506,164,927.68, up 23.04% compared to the same period last year[4]. - Net profit attributable to shareholders for Q3 2022 was ¥36,153,097.50, a decrease of 35.54% year-over-year, with a year-to-date net profit of ¥177,831,097.07, reflecting a significant increase of 90.55%[4]. - The basic earnings per share for Q3 2022 was ¥0.04, down 34.10% from the previous year, while the year-to-date figure was ¥0.19, an increase of 88.12%[6]. - Operating profit increased by 101.0391 million, a growth of 95.62%, driven by market expansion and increased product sales[23]. - Net profit increased by 83.8919 million, a growth of 89.35%, attributed to higher sales volume and gross margin[23]. - Total operating revenue for the period reached ¥2,506,164,927.68, an increase of 22.98% compared to ¥2,036,839,263.26 in the previous period[50]. - Net profit for the period was ¥177,779,011.37, representing a significant increase of 89.49% compared to ¥93,887,137.88 in the same period last year[53]. - Earnings per share (EPS) for the period was ¥0.19, compared to ¥0.1010 in the previous period[55]. Assets and Liabilities - The total assets at the end of Q3 2022 amounted to ¥4,801,740,300.22, which is a 4.97% increase from the end of the previous year[6]. - The company's total liabilities were CNY 2.83 billion, an increase from CNY 2.70 billion at the beginning of the year, reflecting a rise of approximately 4.9%[47]. - The company's current assets totaled CNY 2.66 billion, up from CNY 2.43 billion at the beginning of the year, indicating an increase of approximately 9.2%[41]. - The company's total equity increased to ¥1,966,926,251.95, up 4.93% from the end of the previous year[6]. - The company has a total equity of approximately CNY 1.97 billion, up from CNY 1.87 billion at the beginning of the year, indicating a growth of about 4.9%[47]. - The company's long-term borrowings increased to CNY 608.86 million from CNY 274.67 million, representing a significant rise of approximately 121.5%[47]. Cash Flow - The cash flow from operating activities showed a negative net amount of ¥133,149,325.06, indicating a decline of 465.32% year-over-year[4]. - Cash inflow from operating activities totaled 1,967.3407 million, an increase of 15.81% compared to the previous year[24]. - Cash outflow from operating activities increased by 438.2395 million, a growth of 26.36%, primarily due to salary increases and higher tax payments[28]. - The company reported a significant increase in cash flow from financing activities, with a net cash flow of 181.0051 million, a growth of 392.55%[29]. - Cash flow from investment activities showed a net outflow of -$108.58 million, compared to -$72.79 million in the previous period, indicating an increase in investment expenditures[63]. - The net cash flow from financing activities was $181.01 million, a turnaround from a net outflow of -$61.87 million in the previous year, indicating improved financing conditions[63]. - The ending balance of cash and cash equivalents was $368.34 million, up from $289.27 million in the previous period, showing a positive liquidity position[66]. Expenses and Costs - Total operating costs amounted to ¥2,328,141,883.82, up 19.63% from ¥1,946,170,083.07 in the prior period[50]. - R&D expenses increased by 14.9842 million, a growth of 61.94%, reflecting the company's ongoing investment in research and development[22]. - Tax and additional fees increased by 4.8946 million, a growth of 68.28%, due to the increase in VAT and additional taxes from revenue growth[21]. Other Financial Metrics - The company reported a total of ¥13,083,485.90 in non-recurring gains and losses for the current period, with a year-to-date total of ¥29,753,824.95[7]. - The company’s weighted average return on equity decreased to 1.91%, down 1.27 percentage points year-over-year[6]. - The company reported accounts receivable of CNY 588.29 million, significantly higher than CNY 176.13 million at the beginning of the year, reflecting an increase of approximately 233.5%[38]. - The company experienced a foreign exchange impact on cash and cash equivalents of $757,410.04, reflecting currency fluctuations[63].