JQH(SZ:002885)2022-10-30 16:00Financial Performance - The company's revenue for Q3 2022 reached ¥675,857,574.01, representing a 24.46% increase compared to the same period last year[4]. - Net profit attributable to shareholders for Q3 2022 was ¥60,365,132.71, a significant increase of 278.96% year-on-year[4]. - The net profit after deducting non-recurring gains and losses for Q3 2022 was ¥53,663,774.31, showing a remarkable growth of 4,136.02% compared to the previous year[4]. - For the first nine months of 2022, the total revenue was ¥1,786,887,013.22, which is a 33.56% increase from ¥1,337,918,677.11 in the same period of 2021[9]. - Total operating revenue for the period reached ¥1,786,887,013.22, an increase of 33.4% compared to ¥1,337,918,677.11 in the previous period[26]. - Operating profit for the period was ¥120,345,665.70, significantly up from ¥18,854,597.02 in the previous period, marking a growth of 538.5%[26]. - Net profit attributable to shareholders of the parent company was ¥115,284,474.35, compared to ¥20,217,551.17 in the previous period, reflecting an increase of 470.5%[26]. - Total comprehensive income for the period attributable to the parent company was CNY 117,056,437.04, compared to CNY 18,267,062.54 in the previous period, indicating a significant increase[27]. - Basic and diluted earnings per share increased to CNY 0.6424 from CNY 0.1123, reflecting improved profitability[27]. Cash Flow and Liquidity - The company's cash flow from operating activities for the first nine months of 2022 was -¥75,486,824.05, an improvement of 37.43% compared to -¥120,652,462.26 in the previous year[9]. - Net cash flow from operating activities was negative at CNY -75,486,824.05, an improvement from CNY -120,652,462.26 in the previous period[29]. - Cash inflow from operating activities totaled CNY 1,616,616,226.38, up from CNY 1,198,594,924.97 year-on-year[28]. - Cash outflow from operating activities increased to CNY 1,692,103,050.43 from CNY 1,319,247,387.23, indicating higher operational costs[29]. - Cash flow from financing activities generated a net inflow of CNY 157,771,037.47, significantly higher than CNY 14,344,794.23 in the previous period[29]. - The ending balance of cash and cash equivalents increased to CNY 184,569,699.53 from CNY 127,929,827.06, showing improved liquidity[29]. - The company reported a foreign exchange impact on cash and cash equivalents of CNY 11,355,735.88, compared to a negative impact of CNY -3,994,643.52 in the previous period[29]. Assets and Liabilities - Total assets at the end of Q3 2022 amounted to ¥2,406,870,945.22, reflecting a 28.72% increase from the previous year-end[4]. - Total assets increased to ¥2,406,870,945.22 from ¥1,869,861,010.14, representing a growth of 28.6%[25]. - Total liabilities rose to ¥1,508,961,242.87, up from ¥1,060,436,590.80, indicating an increase of 42.2%[25]. - Current assets totaled ¥1,803,872,004.20, a rise of 34.1% from ¥1,344,304,230.07[25]. - Cash and cash equivalents increased to ¥299,859,487.29 from ¥198,393,851.59, showing a growth of 50.9%[25]. - Inventory levels rose to ¥593,629,772.24, up from ¥407,909,055.30, reflecting an increase of 45.5%[25]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 24,840[13]. - The top shareholder, Shenzhen Yuan Zhi Fu Hai High-tech Investment Enterprise, holds 14.57% of shares, totaling 26,220,766 shares[14]. - The company has not disclosed any relationships or concerted actions among the top ten unrestricted shareholders[14]. - The company has not provided any special notes regarding the repurchase accounts among the top ten shareholders[14]. Capital Raising and Incentives - The company plans to raise up to 435.5 million RMB through a non-public offering of A-shares, not exceeding 30% of the total share capital prior to the issuance[15]. - The non-public offering is intended to fund the intelligent manufacturing project for new energy magnetic components and to supplement working capital[15]. - The company has approved a stock incentive plan, granting 1,445,000 restricted stocks at a price of 15.04 RMB per share to 92 selected participants[19]. - The first employee stock ownership plan aims to raise up to 12.67 million RMB, with a maximum of 12.67 million shares available for subscription[20]. - The shares for the employee stock ownership plan will come from the company's repurchased shares, totaling up to 1,545,550 shares, representing 0.86% of the total share capital[21]. - The company is currently awaiting approval from the China Securities Regulatory Commission for the non-public offering[17]. Expenses - The company reported a significant increase in sales expenses, which rose by 136.03% to ¥39,191,288.55 due to expanded sales scale and increased e-commerce marketing costs[9]. - Research and development expenses were ¥65,211,736.01, slightly up from ¥64,379,826.51, indicating a focus on innovation[26]. - The company reported a significant decrease in financial expenses, with a net financial income of ¥18,733,537.39 compared to an expense of ¥12,138,590.32 in the previous period[26]. Audit and Reporting - The company did not undergo an audit for the third quarter report[30].