BOAMAX(SZ:002514)2022-10-28 16:00Revenue and Profit - Revenue for Q3 2022 reached ¥136,308,161.56, an increase of 44.55% compared to the same period last year[5] - Net profit attributable to shareholders was -¥10,245,687.44, a decrease of 61.12% year-on-year[5] - Total operating revenue for the period reached CNY 519,037,106.68, an increase of 19.0% compared to CNY 435,989,004.20 in the previous period[26] - Net profit for the period was CNY 4,977,038.44, slightly higher than CNY 4,855,275.30 in the same period last year, reflecting a growth of 2.5%[28] Assets and Liabilities - Total assets at the end of Q3 2022 amounted to ¥2,205,754,786.93, reflecting a 56.88% increase from the end of the previous year[5] - The company's total assets increased to CNY 2,205,754,786.93 from CNY 1,406,057,638.99, representing a growth of 56.8%[25] - The company's total liabilities increased to approximately 903.90 million RMB from 762.22 million RMB, representing a growth of 18.6%[24] Cash Flow - Cash flow from operating activities for the year-to-date reached ¥132,398,733.20, up 66.90%[5] - The net cash flow from operating activities for the first nine months of 2022 was ¥132,398,733.20, an increase of 66.90% compared to ¥79,329,011.09 in the same period of 2021, primarily due to higher cash receipts from sales[11] - The cash flow from investing activities showed a significant decrease of 3879.48%, resulting in a net outflow of ¥499,762,571.67, mainly due to payments for the Huaiyuan project and equipment[11] - The cash flow from financing activities increased by 581.50%, reaching ¥660,917,612.42, attributed to the proceeds from a private placement of shares[11] Investments - The company’s long-term equity investments increased by 93.03% to ¥43,189,862.47, indicating growth in investments in associated companies[8] - The company is investing in a 2GW high-efficiency heterojunction solar cell and module project in collaboration with the government of Huaiyuan County, with a total registered capital of ¥1 billion, where the company holds a 70% stake[16][17] - A joint venture was established with Xi'an University of Electronic Science and Technology and Anhui Dayu Industrial Group for the development of HJT-perovskite stacked and perovskite battery projects, with the company investing 20 million RMB for a 36.36% stake[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 105,793, with the top ten shareholders holding significant stakes[13] - Jiangsu Jiedeng Intelligent Manufacturing Technology Co., Ltd. is the largest shareholder, holding 26.90% of the shares, followed by Guangxun Co., Ltd. with 11.67%[13] - The employee stock ownership plan has a total fund of up to ¥120 million, with a maximum of 120 million shares available for subscription, representing 10% of the company's total share capital[18] Financial Performance - The company's equity attributable to shareholders increased by 77.56% to ¥1,116,917,337.30 compared to the end of the previous year[5] - Basic and diluted earnings per share were both CNY 0.0081, down from CNY 0.0100 in the same period last year[29] - The company reported a decrease in credit impairment losses to CNY 2,708,093.80 from CNY 4,977,963.87, a reduction of 45.5%[28] - Other comprehensive income after tax attributable to the parent company was CNY -1,595,827.72, an improvement from CNY -1,966,251.45 in the previous period[28] Project Developments - The company completed a non-public offering of 166 million shares, increasing total share capital from ¥554.034264 million to ¥720.034264 million[15] - The company established a project company for the solar project, which was officially registered on June 29, 2022[17] - The company plans to continue advancing the project investment cooperation agreement and joint venture development as per the established timeline[22] Currency and Exchange Impact - The company reported a foreign exchange impact on cash and cash equivalents of ¥1,375,854.33, a 530.88% increase compared to the previous year[11] - The impact of exchange rate changes on cash and cash equivalents was ¥1,375,854.33, compared to -¥319,316.07 in the previous period[30]