HBP(SZ:002554)2022-10-26 16:00Revenue and Profitability - Revenue for Q3 2022 reached ¥542,593,560.68, an increase of 44.76% compared to the same period last year[5] - The company reported a 43.11% increase in total revenue for the year-to-date period, totaling ¥1,466,854,961.55[12] - Total operating revenue for the period reached ¥1,466,854,961.55, a significant increase of 43.2% compared to ¥1,024,991,286.83 in the previous period[25] - Net profit attributable to shareholders decreased by 6.67% to ¥24,283,438.95 for Q3 2022[5] - Net profit for the period was ¥107,692,966.22, a decrease of 7.3% from ¥116,240,593.31 year-over-year[26] Assets and Liabilities - Total assets increased by 25.92% to ¥4,819,302,321.41 compared to the end of the previous year[5] - The total assets as of September 30, 2022, amounted to 4,819,302.32 million RMB, up from 3,827,131.59 million RMB at the beginning of the year, reflecting strong growth[22] - The total liabilities increased to 2,309,601.67 million RMB from 1,448,406.83 million RMB, indicating a rise in financial obligations[23] - The long-term borrowings rose significantly to 754,210.00 million RMB from 237,800.00 million RMB, suggesting increased leverage for expansion[23] - The equity attributable to shareholders increased to 2,442,392.08 million RMB from 2,315,385.96 million RMB, indicating a strengthening of the company's financial position[23] Cash Flow and Financing Activities - Cash flow from operating activities showed a net outflow of ¥399,529,556.62, a decrease of 301.04% year-on-year[13] - The company reported a net cash outflow from operating activities of ¥399,529,556.62, contrasting with a net inflow of ¥198,733,856.76 in the previous period[28] - The company’s cash inflow from financing activities surged by 293.94% to ¥943,997,495.36, primarily due to increased borrowings[13] - The net cash flow from financing activities increased by 247.74% to RMB 638,058,120.76, primarily due to an increase in borrowings during the reporting period[14] - The cash inflow from financing activities totaled 943,997,495.36, significantly higher than 239,627,098.90 in the previous period[30] Inventory and Costs - The cost of goods sold increased by 80.32% to ¥1,166,001,816.96, reflecting the rise in revenue[12] - Total operating costs amounted to ¥1,324,918,282.84, up 47.8% from ¥896,557,758.53 in the prior period[25] - Inventory levels increased by 140.69% to ¥534,144,684.06, mainly due to project preparations[10] - The inventory level increased to 534,144.68 million RMB from 221,923.35 million RMB, which may reflect higher production or stockpiling strategies[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 66,603, with no preferred shareholders having restored voting rights[16] - The largest shareholder, Changsha Water Group, holds 30.22% of the shares, amounting to 407,059,723 shares[16] - Huang Song, a natural person, holds 6.68% of the shares, with 89,941,850 shares, of which 85,000,000 are pledged[16] Investment and Projects - Investment income rose by 46.90% to ¥30,199,431.64, attributed to better performance from associated companies[12] - The company has ongoing contracts with PetroChina for a total amount of RMB 28,093,700, with part of the contract still in progress[18] - The company confirmed sales revenue of RMB 2,937,690 from ongoing contracts during the reporting period[18] - The company has ongoing projects in Iraq and Ethiopia, with confirmed sales revenue from these projects contributing to overall performance[22] Exchange Rate Impact - The impact of exchange rate fluctuations on cash and cash equivalents was RMB 24,841,422.55, a significant increase of 1025.11% attributed to the appreciation of the US dollar against the RMB[14] - The impact of exchange rate changes on cash and cash equivalents was 24,841,422.55, compared to -2,685,234.49 in the previous period[30] Research and Development - Research and development expenses rose to ¥44,303,385.43, up 14.0% from ¥38,837,427.94 year-over-year[25] Comprehensive Income - Other comprehensive income after tax was ¥31,987,121.35, significantly higher than ¥11,165,122.30 in the previous period[26] - The total comprehensive income for the period was ¥139,680,087.57, compared to ¥127,405,715.61 in the prior year, marking an increase of 9.0%[26]