RHI(SZ:002483)2022-10-24 16:00Revenue and Profitability - Revenue for Q3 2022 reached ¥1,238,791,680.52, an increase of 24.30% compared to the same period last year[5] - Net profit attributable to shareholders decreased by 23.53% to ¥46,115,978.51, while the year-to-date net profit dropped by 36.30% to ¥168,627,392.89[5] - Basic and diluted earnings per share for Q3 2022 were both ¥0.049, reflecting a decline of 23.53% year-on-year[5] - The company reported a total comprehensive income of CNY 187.94 million, down from CNY 276.29 million in the previous year[23] - The net profit for Q3 2022 was CNY 184.90 million, a decrease of 33.1% compared to CNY 276.34 million in Q3 2021[22] Assets and Liabilities - Total assets increased by 37.51% to ¥11,138,579,255.84 compared to the end of the previous year[5] - The company's total liabilities amounted to ¥6,656,617,860.38, up from ¥3,766,216,515.07, indicating a rise of about 76.5%[19] - As of September 30, 2022, the company's total assets reached ¥11,138,579,255.84, an increase from ¥8,099,961,197.87 at the beginning of the year, reflecting a growth of approximately 37.5%[17][19] Cash Flow - Cash flow from operating activities for the year-to-date period was ¥1,766,262,263.95, a significant increase of 2,067.68%[5] - The company reported a significant increase in cash generated from operating activities, reaching ¥1,766,262,263.95, a 2,067.68% increase from -¥89,763,867.26 in the previous year, attributed to growth in advance payments received for orders[10] - The cash flow from investing activities improved by 219.24% to ¥155,608,223.08 from -¥130,497,798.59, mainly due to the recovery of bank wealth management products[10] - The company's net cash flow from financing activities decreased significantly by 607.44% to -¥256,551,117.34, primarily due to increased cash payments for debt repayment[10] Inventory and Receivables - Inventory rose by 56.48% to ¥1,652,903,872.14, driven by increased orders and corresponding raw material accumulation[9] - The company reported a significant increase in accounts receivable, which rose to ¥1,121,566,570.06 from ¥813,750,221.39, indicating a growth of approximately 37.8%[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 32,512, with no preferred shareholders[11] - The top shareholder, Guangzhou Industrial Investment Holding Group Co., Ltd., holds a 20.00% stake with 188,457,747 shares[11] Investment and Other Income - The company's investment income increased by 79.02% to ¥5,052,854.65 compared to ¥2,822,516.25 in the same period last year, primarily due to increased equity method investment income from joint ventures[10] - The fair value change income decreased by 146.26% to -¥4,095,291.63 from ¥8,852,601.96, mainly due to changes in the fair value of forward foreign exchange contracts[10] - The company experienced a foreign exchange loss of CNY 3.71 million during the quarter[26] Operating Costs - The total operating costs increased to ¥2,738,549,915.21 from ¥2,592,719,556.59, which is an increase of about 5.6%[20] - The total operating expenses increased to CNY 3.25 billion, compared to CNY 2.56 billion in Q3 2021[25] Legal Matters - The company has initiated legal proceedings to recover outstanding payments totaling ¥42.6031 million related to a share repurchase agreement[14] Asset Management - The company experienced a 72.56% decrease in trading financial assets, amounting to ¥68,245,585.50, mainly due to the redemption of financial products[9] - The company reported a 93.72% decrease in asset disposal income, which fell to ¥329,881.40 from ¥5,251,546.98, due to a reduction in asset disposals during the period[10] - The company experienced a 667.48% increase in asset impairment losses, totaling ¥37,555,729.71, compared to -¥6,617,942.69 in the previous year, primarily due to the reversal of inventory write-down provisions[10]