万安科技(002590) - 2022 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2022 reached ¥844,327,931.81, representing a 49.82% increase year-over-year[5] - Net profit attributable to shareholders was ¥50,065,411.21, a significant increase of 2,292.87% compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses was ¥6,900,757.41, up 159.07% year-over-year[5] - The company reported a 1063.01% increase in total profit year-over-year, primarily due to increased investment income[10] - Net profit for Q3 2022 was CNY 46,880,197.39, compared to CNY 2,796,677.62 in the same period last year, indicating a significant increase[19] - The net profit attributable to shareholders of the parent company was CNY 52,849,881.05, up from CNY 11,189,830.67 in Q3 2021[19] - Basic and diluted earnings per share for the third quarter were both 0.11, compared to 0.02 in the same period last year, indicating a significant increase[20] Cash Flow - The operating cash flow net amount increased by 880.33% year-to-date, totaling ¥248,783,546.51[5] - Cash inflow from operating activities totaled ¥1,785,141,363.00, up from ¥1,484,961,981.44 in the previous year, representing a growth of approximately 20.2%[20] - Net cash flow from operating activities was ¥248,783,546.51, a substantial increase from ¥25,377,657.53 in the prior year[21] - Cash outflow for investment activities was ¥186,703,533.43, compared to ¥84,441,279.40 in the previous year, reflecting increased investment efforts[21] - Net cash flow from financing activities was ¥97,298,696.76, a recovery from a negative cash flow of -¥19,422,932.88 in the same period last year[21] - The company received ¥424,500,000.00 in borrowings during the quarter, significantly higher than ¥210,500,000.00 in the same period last year, indicating increased leverage[21] - The company reported a cash inflow of ¥30,814,705.00 from tax refunds, compared to ¥13,441,438.62 in the previous year, showing improved cash management[20] - The company’s cash flow from investment activities was negative at -¥155,627,381.22, worsening from -¥72,003,528.86 in the previous year, indicating higher capital expenditures[21] - The company’s cash flow from operating activities showed a strong performance, with a net increase of ¥202,184,710.36 in cash and cash equivalents during the quarter[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,500,880,960.30, reflecting a 15.36% increase from the end of the previous year[5] - The total assets as of the end of Q3 2022 were CNY 4,500,880,960.30, compared to CNY 3,901,531,670.42 at the end of Q3 2021, representing a growth of 15.4%[17] - Total liabilities increased to CNY 2,496,446,890.14 from CNY 1,910,533,277.74, marking a rise of 30.6%[17] - The company's total equity reached CNY 2,004,434,070.16, up from CNY 1,990,998,392.68, showing a slight increase[17] - Long-term borrowings increased to CNY 161,978,222.22 from CNY 111,291,911.11, indicating a growth of 45.5%[17] Shareholder Information - As of September 30, 2022, the total number of common shareholders was 35,577, with the largest shareholder, Wan'an Group Co., Ltd., holding 45.86% of shares, equating to 219,980,700 shares[11] - Wan'an Group Co., Ltd. is the controlling shareholder, with several individuals, including Chen Feng and Chen Lixiang, identified as actual controllers of the company[11] - The company has no preferred shareholders as of the report date, indicating a focus on common equity financing[12] Investments and Strategic Moves - The company transferred part of its equity in Shanghai Tongyu Automotive Technology Co., Ltd. to multiple private equity funds, indicating a strategic move to optimize its investment portfolio[13] - The company plans to establish a joint venture with a registered capital of ¥15 million, where Wan'an will contribute ¥11.25 million, representing 75% of the capital[12] Inventory and Receivables - Accounts receivable rose to ¥775,522,453.85, up from ¥648,565,211.44, indicating an increase of about 19.6%[14] - Inventory levels increased to ¥776,286,898.81 from ¥670,901,620.51, reflecting a growth of approximately 15.7%[14] - Long-term equity investments decreased to ¥41,344,696.77 from ¥48,184,532.61, a decline of approximately 14.4%[14] - The total current assets amounted to ¥2,924,801,380.46, an increase from ¥2,495,161,761.16, representing a growth of about 17.2%[14] Operating Costs and Expenses - Total operating revenue for Q3 2022 reached CNY 2,212,156,192.57, an increase of 15.4% compared to CNY 1,916,690,377.10 in Q3 2021[17] - Total operating costs amounted to CNY 2,195,825,223.41, up from CNY 1,923,074,916.40, reflecting a growth of 14.2%[17] - Research and development expenses for the quarter were CNY 115,060,563.27, an increase of 25.1% from CNY 91,936,806.61 in the previous year[17] - The company experienced a 600.44% increase in asset impairment losses, mainly due to increased inventory write-downs[10]