凯龙股份(002783) - 2022 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2022 reached ¥860,043,200, representing a 24.63% increase compared to the same period last year[5]. - Net profit attributable to shareholders was ¥38,187,290, a significant increase of 2,058.16% year-on-year[5]. - Basic earnings per share rose to ¥0.100, reflecting a 1,900.00% increase from the same period last year[5]. - The net profit for the third quarter of 2022 was CNY 187,098,397.51, a significant increase from CNY 52,444,811.99 in the same period last year, representing a growth of approximately 256.5%[26]. - The operating profit for the third quarter reached CNY 220,716,845.44, compared to CNY 84,042,928.94 in the previous year, indicating an increase of about 162.5%[26]. - The total revenue from operating activities was CNY 2,139,206,655.38, up from CNY 1,778,227,047.64, reflecting a growth of approximately 20.3% year-over-year[28]. - The company reported a total comprehensive income of CNY 185,898,877.51, compared to CNY 55,943,411.99 in the previous year, marking an increase of about 232.5%[27]. - Basic and diluted earnings per share for the quarter were CNY 0.4155, up from CNY 0.0844 in the same quarter last year, representing an increase of approximately 392.5%[27]. Cash Flow and Liquidity - The net cash flow from operating activities surged to ¥144,868,900, marking an increase of 1,044.67% compared to the previous year[5]. - The cash flow from operating activities was CNY 144,868,924.68, a turnaround from a negative cash flow of CNY -15,335,428.57 in the same quarter last year[29]. - The company's cash and cash equivalents rose to ¥699,436,345.21, up from ¥537,648,313.36, indicating a 30.0% increase[21]. - The cash and cash equivalents at the end of the period were CNY 606,075,897.85, compared to CNY 395,929,005.30 at the end of the same quarter last year, indicating an increase of about 53%[29]. - The investment activities resulted in a net cash outflow of CNY -157,888,771.44, an improvement from CNY -403,372,142.95 in the previous year[29]. - The financing activities generated a net cash inflow of CNY 112,978,607.97, compared to CNY 56,508,735.99 in the same quarter last year, showing an increase of approximately 99.5%[29]. Assets and Liabilities - Total assets at the end of the reporting period were ¥7,527,710,060, an increase of 10.31% from the end of the previous year[5]. - Current assets totaled ¥2,632,655,394.00, a growth of 31.0% compared to ¥2,008,278,374.63 at the beginning of the year[22]. - Total liabilities increased to ¥5,242,978,167.99, compared to ¥4,728,577,937.62, marking an 10.9% rise[23]. - The company's debt-to-asset ratio reached 69.44% at the end of 2021 and 69.19% at mid-2022, indicating increasing financial pressure due to multiple acquisitions[18]. Equity and Shareholder Value - The company's equity attributable to shareholders increased to ¥1,457,879,042, up 12.12% year-on-year[5]. - The long-term equity investment decreased to ¥446,146,129.54 from ¥522,134,066.51, a decline of 14.6%[22]. Operational Metrics - Total operating costs amounted to ¥2,338,267,127.01, up 21.2% from ¥1,930,103,888.27 year-on-year[25]. - R&D expenses increased by CNY 1,872.96 million, a growth of 52.56%, mainly due to lower R&D expenditures in the same period last year affected by the COVID-19 pandemic[12]. - Research and development expenses increased to ¥54,365,708.89, representing a 52.6% rise from ¥35,636,054.69 in the previous year[25]. Changes in Financial Position - Accounts receivable increased by 38.98% compared to the end of 2021, attributed to the rise in commercial acceptance bills[10]. - Inventory levels rose by 38.18% year-on-year, driven by increased production and sales volumes[11]. - Other non-current assets increased by CNY 38.15% compared to the end of 2021, primarily due to an increase in prepayments for construction equipment[12]. - Notes payable increased by CNY 30,744 million, a growth of 422.31%, mainly due to an increase in bank acceptance bills during the reporting period[12]. - Contract liabilities rose by CNY 3,023.83 million, up 38.95%, attributed to an increase in advance payments received[12]. - Long-term payables increased by CNY 9,198.32 million, a rise of 74.34%, primarily due to increased financing through sale-leaseback arrangements[12]. Other Income and Expenses - Other income increased by CNY 1,257.67 million, up 118.77%, primarily due to an increase in government subsidies received[13]. - Investment income decreased by CNY 1,318.83 million, a decline of 82.87%, mainly due to reduced equity method investment income[13]. - Fair value changes in financial assets increased by CNY 1,308.53 million, a growth of 82.70%, due to an increase in the fair value of trading financial assets[13]. - Asset impairment losses increased by CNY 1,303.58 million, a significant rise of 3,642.95%, primarily due to goodwill impairment provisions[13].