思进智能(003025) - 2022 Q3 - 季度财报

Major Financial Data This section presents the company's key financial performance, position, non-recurring items, and analysis of significant financial indicator changes Major Accounting Data and Financial Indicators The company achieved robust operating performance in Q3 2022 and year-to-date, with Q3 revenue growing by 23.04% and net profit attributable to shareholders by 33.13%, demonstrating strong profitability and growth Key Financial Indicators for Q3 2022 and Year-to-Date | Indicator | Current Period (Q3) (RMB) | YoY Change | Year-to-Date (Q1-Q3) (RMB) | YoY Change | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue | 115,703,362.24 | 23.04% | 366,643,101.67 | 7.93% | | Net Profit Attributable to Shareholders of Listed Company | 33,336,913.92 | 33.13% | 107,905,240.59 | 20.65% | | Net Profit Attributable to Shareholders Excluding Non-recurring Items | 31,415,917.57 | 45.52% | 96,832,242.04 | 15.61% | | Net Cash Flow from Operating Activities | - | - | 24,166,685.98 | -74.74% | | Basic Earnings Per Share (RMB/share) | 0.20 | 33.13% | 0.66 | 20.00% | | Weighted Average Return on Net Assets | 3.49% | 0.61% | 11.33% | 1.00% | Key Balance Sheet Indicators as of September 30, 2022 | Indicator | End of Current Period (RMB) | End of Prior Year (RMB) | Change | | :--- | :--- | :--- | :--- | | Total Assets | 1,175,840,955.56 | 1,140,839,370.27 | 3.07% | | Total Owner's Equity Attributable to Shareholders of Listed Company | 972,442,050.87 | 915,182,510.28 | 6.26% | Non-recurring Gains and Losses and Amounts Year-to-date non-recurring gains and losses totaled RMB 11.07 million, primarily from investment income on financial assets and government subsidies Year-to-Date Non-recurring Gains and Losses Items | Item | Amount (RMB) | | :--- | :--- | | Investment income from holding transactional financial assets, etc | 8,302,538.24 | | Government subsidies recognized in current profit or loss | 4,427,799.64 | | Gains or losses on disposal of non-current assets | 30,892.48 | | Other non-operating income and expenses | 273,811.06 | | Less: Income tax impact | 1,962,042.87 | | Total | 11,072,998.55 | Analysis of Changes in Major Financial Data and Indicators During the reporting period, significant changes occurred across various financial indicators, including a substantial increase in fixed assets, a sharp decrease in financial expenses due to exchange gains, and a 74.74% decline in operating cash flow - Fixed assets significantly increased by 188.72% from the beginning of the year, while construction in progress decreased by 86.18%, primarily due to the completion and capitalization of the "Multi-station High-speed Precision Intelligent Forming Equipment Production Base Project"[6] - Financial expenses decreased significantly by 196.38% year-on-year, mainly due to increased exchange gains[7] - Net cash flow from operating activities decreased by 74.74% year-on-year, primarily due to increased cash payments for goods purchased as the company expanded inventory for capacity enhancement after the new production base commenced operations[7] - Net cash flow from investing activities increased by 111.39% from -RMB 414 million in the prior year to RMB 47 million in the current period, mainly due to the redemption of maturing bank structured deposits[7] Shareholder Information This section details the company's common shareholding structure, including the total number of shareholders and the top ten shareholders' holdings Common Shareholding Status As of the end of the reporting period, the company had 13,226 common shareholders, with a relatively concentrated equity structure where the top ten shareholders hold a significant combined stake - As of the end of the reporting period, the company had a total of 13,226 common shareholders[9] Top Five Shareholders' Holdings | Shareholder Name | Shareholding Percentage | Number of Shares Held | | :--- | :--- | :--- | | Li Zhongming | 21.34% | 34,831,208 | | Ningbo Sijin Chuangda Investment Consulting Co., Ltd. | 19.03% | 31,056,564 | | Ningbo Fuboruiqi Venture Capital Center (Limited Partnership) | 9.08% | 14,811,479 | | Ningbo Guojun Trading Co., Ltd. | 6.43% | 10,487,954 | | Li Mengsi | 5.67% | 9,258,930 | - Shareholders Li Zhongming and Li Mengsi are the controlling shareholders and actual controllers of the company, acting in concert with Chuangda Investment and Guojun Trading[10] Preferred Shareholding Status The company has no preferred shareholders - There were no preferred shareholders in the company during the reporting period[11] Other Significant Matters During the reporting period, the company completed its 2021 profit distribution and capital reserve capitalization, increasing total share capital to 163,191,700 shares, while also extending two fundraising projects and progressing with production base relocation - On June 10, 2022, the company completed its 2021 profit distribution and capital reserve capitalization, with a plan of a RMB 4.5 cash dividend (tax inclusive) and 4.5 bonus shares for every 10 shares, increasing the total share capital to 163,191,700 shares[11][12] - In April and August 2022, the company decided to extend the planned operational dates for two fundraising projects: the "Marketing and Service Network Construction Project" and the "Engineering Technology R&D Center Construction Project"[13] - The company's production base relocation is ongoing, with plans to deliver the relocated land and buildings to the acquiring party by June 30, 2023[13] Quarterly Financial Statements This section presents the company's unaudited consolidated financial statements for the third quarter and year-to-date 2022 Financial Statements This chapter provides the company's unaudited consolidated balance sheet as of September 30, 2022, and the consolidated income statement and cash flow statement for the year-to-date period Consolidated Balance Sheet As of September 30, 2022, total assets were RMB 1.18 billion, a 3.07% increase from the beginning of the year, with owner's equity attributable to the parent company at RMB 972.44 million, up 6.26% Key Items from Consolidated Balance Sheet | Item | September 30, 2022 (RMB) | December 31, 2021 (RMB) | Change | | :--- | :--- | :--- | :--- | | Total Assets | 1,175,840,955.56 | 1,140,839,370.27 | 3.07% | | Total Liabilities | 203,398,904.69 | 225,656,859.99 | -9.86% | | Total Owner's Equity Attributable to Parent Company | 972,442,050.87 | 915,182,510.28 | 6.26% | Consolidated Income Statement (Year-to-Date) In the first three quarters of 2022, total operating revenue reached RMB 367 million, a 7.93% increase, with net profit attributable to parent company shareholders at RMB 108 million, up 20.65% Key Items from Consolidated Income Statement (Jan-Sep 2022) | Item | Current Period Amount (RMB) | Prior Period Amount (RMB) | Change | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 366,643,101.67 | 339,712,892.63 | 7.93% | | Operating Profit | 128,133,433.83 | 108,395,125.70 | 18.21% | | Total Profit | 128,299,357.01 | 106,631,812.96 | 20.32% | | Net Profit | 107,905,240.59 | 89,439,711.06 | 20.65% | Consolidated Cash Flow Statement (Year-to-Date) In the first three quarters of 2022, net cash flow from operating activities significantly decreased by 74.74% to RMB 24.17 million, while investing cash flow turned positive to RMB 47.10 million, and financing cash flow was -RMB 50.65 million Key Items from Consolidated Cash Flow Statement (Jan-Sep 2022) | Item | Current Period Amount (RMB) | Prior Period Amount (RMB) | Change | | :--- | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 24,166,685.98 | 95,678,059.58 | -74.74% | | Net Cash Flow from Investing Activities | 47,095,927.07 | -413,594,388.37 | 111.39% | | Net Cash Flow from Financing Activities | -50,645,700.00 | -47,830,600.00 | -5.89% | | Net Increase in Cash and Cash Equivalents | 29,842,965.66 | -365,730,802.17 | 108.16% | Audit Report The financial statements in this quarterly report are unaudited - The company's Q3 2022 report is unaudited[24]