麦格米特(002851) - 2022 Q3 - 季度财报

Financial Performance - In Q3 2022, the company achieved operating revenue of CNY 1,280,855,710.39, an increase of 30.16% year-on-year[5]. - The net profit attributable to shareholders was CNY 80,022,726.80, a decrease of 36.37% compared to the same period last year[5]. - The net profit after deducting non-recurring gains and losses was CNY 60,389,133.48, down 17.83% year-on-year[5]. - For the first three quarters of 2022, the company reported operating revenue of CNY 3,985,682,584.69, up 36.41% year-on-year[5]. - The net profit attributable to shareholders for the first three quarters of 2022 is 287.846 million yuan, an increase of 6.67% year-on-year[21]. - The net profit attributable to shareholders for Q3 2022 is 88.129 million yuan, an increase of 4.21% year-on-year[21]. - The total profit amounted to ¥315,968,794.30, slightly down from ¥336,512,485.63, a decrease of about 6.5%[1]. - The net profit attributable to the parent company was ¥304,371,910.24, compared to ¥320,894,319.60 in the previous period, a decline of approximately 5.2%[1]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 7,054,978,321.78, reflecting a 13.55% increase from the end of the previous year[5]. - Total liabilities reached CNY 3,600,590,425.54, compared to CNY 3,021,292,283.34 in the previous period, representing an increase of about 19.2%[36]. - The company's total assets amounted to CNY 7,054,978,321.78, up from CNY 6,212,967,074.45, indicating a growth of approximately 13.5%[36]. - Current assets totaled CNY 4,785,698,318.06 as of September 30, 2022, compared to CNY 4,453,912,924.16 at the beginning of the year, reflecting a growth of approximately 7.4%[33]. - Accounts receivable increased to CNY 1,532,284,982.62 from CNY 1,239,954,850.88, marking an increase of about 23.6%[30]. - Inventory rose to CNY 1,860,078,257.41 from CNY 1,653,069,005.37, which is an increase of approximately 12.5%[33]. Cash Flow - The company’s cash flow from operating activities increased by 78.77% due to improved collection of receivables and increased VAT refunds[13]. - Cash inflow from operating activities increased significantly to ¥3,942,778,825.60, up from ¥2,722,161,650.54, representing an increase of approximately 45%[43]. - The net cash flow from operating activities was negative at -¥37,834,901.59, an improvement from -¥178,210,789.68 in the previous period[43]. - The net cash flow from investing activities was -$441.83 million, a decrease from $115.57 million in the previous period[45]. - Total cash inflow from financing activities amounted to $832.97 million, compared to $144.35 million last year[45]. - The net cash flow from financing activities was $273.25 million, a significant improvement from -$96.84 million in the previous period[45]. - The ending balance of cash and cash equivalents was $288.43 million, down from $368.54 million last year[45]. - The company received $830 million in cash from borrowings, a substantial increase from $133.5 million in the previous period[45]. - Cash outflow for debt repayment was $369.48 million, compared to $135 million last year[45]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 12,962[14]. - The largest shareholder, Tong Yongsheng, holds 19.05% of the shares, totaling 94,782,175 shares, with 13,470,000 shares pledged[14]. - The company has a significant shareholder relationship, with Tong Yongsheng and Wang Ping holding a combined 26.33% of the shares[14]. Investments and Expenses - Research and development expenses rose by 36.68% as a result of company expansion and increased personnel[12]. - The company recorded a significant increase in sales expenses to ¥152,943,921.93 from ¥130,767,433.30, an increase of about 16.9%[1]. - The company implemented a stock option incentive plan in Q3 2022, resulting in stock option expenses of 8.3533 million yuan[18]. - The company reported a decrease in research and development expenses to ¥435,915,782.70 from ¥318,938,828.50, reflecting an increase of approximately 36.7%[1]. Financing Activities - The company issued convertible bonds totaling 1.22 billion yuan, with 67.75% of the bonds allocated to existing shareholders[24]. - The company received approval from the China Securities Regulatory Commission for the issuance of convertible bonds on August 8, 2022[23]. - The company’s stock repurchase plan was completed by July 15, 2022, following a board resolution on March 15, 2022[28]. - A total of 3,089,000 shares were repurchased, accounting for 0.62% of the total share capital, with a total transaction amount of approximately 69.99 million yuan[28]. Audit and Reporting - The company did not conduct an audit for the third quarter report[46]. - The report was issued by Shenzhen Magpow Electric Co., Ltd. on October 29, 2022[47].