双象股份(002395) - 2022 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2022 was ¥355,009,589.01, a decrease of 5.88% compared to the same period last year[4] - Net profit attributable to shareholders was ¥11,984,689.32, representing a significant increase of 26.68% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥8,670,998.21, down 11.31% from the previous year[4] - Total operating revenue for Q3 2022 was CNY 1,011,084,471.30, a decrease of 6.5% compared to CNY 1,081,614,615.96 in Q3 2021[20] - Net profit for Q3 2022 was CNY 20,303,556.59, a decline of 61.3% from CNY 52,486,896.77 in Q3 2021[21] - The total comprehensive income for the third quarter was CNY 20,303,556.59, a decrease from CNY 52,486,896.77 in the same period last year[22] - Basic and diluted earnings per share for the third quarter were both CNY 0.0757, down from CNY 0.1957 year-over-year[22] Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,193,842,966.85, an increase of 6.25% compared to the end of the previous year[4] - Total assets reached CNY 2,193,842,966.85, an increase of 6.2% compared to CNY 2,064,857,369.27 in Q3 2021[18] - Total liabilities increased to CNY 1,268,733,559.06, up 9.4% from CNY 1,160,051,518.07 in the same period last year[18] Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥16,603,729.50, improving by 43.16% year-on-year[4] - Cash inflow from operating activities was CNY 688,463,330.20, slightly up from CNY 675,794,120.68 in the previous year[23] - Cash outflow from operating activities totaled CNY 705,067,059.70, compared to CNY 705,007,445.31 in the same period last year[24] - The net cash flow from operating activities was negative CNY 16,603,729.50, an improvement from negative CNY 29,213,324.63 year-over-year[24] - The net cash flow from investing activities was CNY 129,089,586.61, a significant recovery from negative CNY 162,541,309.11 in the previous year[24] - Cash flow from financing activities resulted in a net outflow of CNY 119,045,410.45, worsening from negative CNY 56,194,427.08 year-over-year[24] - The cash and cash equivalents at the end of the period amounted to CNY 205,748,294.00, an increase from CNY 150,074,948.51 at the end of the previous year[24] Shareholder Information - The total number of common shareholders at the end of the reporting period is 12,085[11] - Jiangsu Shuangxiang Group holds 64.52% of shares, amounting to 173,045,285 shares, with 91,000,000 shares pledged[11] - The top ten shareholders hold a significant portion of shares, with the largest shareholder holding over 64%[11] - The company has not disclosed any related party relationships among the top shareholders[11] Investments and Projects - The company reported a significant increase in fixed assets by 173.43% due to the completion of construction projects[9] - Cash flow from investing activities was ¥129,089,586.61, a substantial increase of 179.42% year-on-year[10] - The company has received a total compensation of CNY 603,752,398 for land acquisition, with CNY 441,500,000 received to date[13] - The company's wholly-owned subsidiary has completed the construction and installation of a project with an annual capacity of 30 million meters of microfiber materials and 45,000 tons of polyurethane resin[14] Operational Metrics - The basic earnings per share for the period was ¥0.0447, up 26.63% compared to the same period last year[4] - The weighted average return on equity was 1.30%, an increase of 0.27% from the previous year[4] - Research and development expenses for Q3 2022 were CNY 34,851,772.91, a decrease of 11.0% from CNY 39,282,415.45 in Q3 2021[21] - The company aims to accelerate the production ramp-up of its first-phase project to mitigate performance losses due to the shutdown of its Wuxi factory[14] - The company is focused on expanding its market presence through new product development and project completions[14] Inventory and Receivables - Accounts receivable as of September 30, 2022, is CNY 279,856,672.43, compared to CNY 301,208,631.91 at the beginning of the year[16] - Accounts receivable increased to CNY 45,426,477.49 from CNY 36,687,687.97, reflecting a growth of 23.4%[17] - Inventory rose to CNY 418,353,762.49, up 12.1% from CNY 372,937,905.63 in the previous year[17]