Ming Jewelry(SZ:002574)2022-10-25 16:00Financial Performance - The company's revenue for Q3 2022 was ¥960,656,177.41, representing a 12.99% increase compared to the same period last year[5]. - Net profit attributable to shareholders was ¥26,345,474.34, a significant increase of 111.39% year-on-year[5]. - The net profit excluding non-recurring gains and losses reached ¥23,762,767.12, marking a 404.01% increase compared to the previous year[5]. - The company's basic earnings per share for Q3 2022 was ¥0.05, an increase of 111.36% year-on-year[5]. - Total operating revenue for the third quarter was CNY 2,778,131,176.36, a decrease of 3.14% compared to CNY 2,868,805,098.91 in the same period last year[19]. - Net profit for the period was CNY 63,726,515.06, representing a decline of 51.05% from CNY 129,975,120.67 in the previous year[20]. - Earnings per share (EPS) decreased to CNY 0.12 from CNY 0.25, reflecting a 52% drop[21]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,489,120,503.85, up 4.15% from the end of the previous year[5]. - The total liabilities increased to CNY 1,317,221,494.83, up from CNY 1,203,953,010.68, indicating a growth of 9.42%[20]. - The total equity attributable to shareholders was ¥3,154,841,066.73, reflecting a 2.13% increase from the previous year[5]. - The total equity attributable to shareholders of the parent company rose to CNY 3,154,841,066.73, an increase of 2.23% from CNY 3,089,159,844.47[20]. Cash Flow - Cash flow from operating activities for the year-to-date was ¥48,943,925.72, a substantial increase of 199.04%[5]. - Cash flow from operating activities was CNY 3,056,954,487.62, slightly down from CNY 3,111,948,492.72 in the previous year[22]. - The net cash flow from operating activities was 48,943,925.72 CNY, a significant improvement from -54,391,295.26 CNY in the previous year[23]. - Total cash inflow from investment activities was 195,933,900.57 CNY, compared to 48,223,516.72 CNY in the same period last year[23]. - Cash inflow from financing activities totaled 662,000,000.00 CNY, a substantial increase from 191,900,000.00 CNY year-over-year[23]. - The total cash and cash equivalents at the end of the period reached 754,540,041.64 CNY, up from 694,096,859.80 CNY year-over-year[23]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 25,116[10]. - Zhejiang Riyue Jewelry Group holds 29.96% of shares, totaling 158,172,819 shares[10]. - Yongsheng International Investment Group holds 21.80% of shares, totaling 115,103,281 shares[10]. - The controlling shareholder plans to increase holdings by investing between ¥30 million and ¥60 million within six months[13]. - The controlling shareholder has already increased holdings by 6,325,675 shares, representing 1.20% of total shares[13]. Investments and Development - Research and development expenses increased by 69.02% to ¥960,937.28, indicating a focus on innovation[8]. - The company reported an investment income of CNY 31,022,670.09, recovering from a loss of CNY 31,295,358.02 in the same period last year[20]. - The company plans to enhance its market expansion strategies and invest in new product development to drive future growth[20]. Miscellaneous - The company received government subsidies amounting to ¥1,086,976.00 during the reporting period[6]. - The company reported a significant increase in accounts receivable by 62.47% to ¥521,742,960.90, attributed to increased credit sales during the peak season[8]. - As of September 30, 2022, total current assets amount to ¥3,410,859,698.58, an increase from ¥3,254,756,037.16 at the beginning of the year[15][16]. - Cash and cash equivalents increased to ¥1,106,654,090.53 from ¥993,184,554.14[15]. - Inventory decreased to ¥1,702,862,191.45 from ¥1,871,453,114.96[15]. - The company did not undergo an audit for the third quarter report[24]. - The report was released by the board of directors on October 26, 2022[25].