金龙机电(300032) - 2022 Q3 - 季度财报

Revenue and Profit - Revenue for Q3 2022 reached ¥1,122,462,826.02, an increase of 129.89% year-over-year[5] - Net profit attributable to shareholders decreased by 49.06% to ¥12,136,433.60 in Q3 2022[5] - Net profit attributable to shareholders after deducting non-recurring gains and losses increased by 68.14% to ¥12,525,576.14[5] - Revenue for the first nine months of 2022 reached CNY 2,697,493,416.68, a 103.39% increase compared to CNY 1,326,240,319.53 in the same period of 2021[11] - Total operating revenue for Q3 2022 reached ¥2,697,493,416.68, a significant increase of 103% compared to ¥1,326,240,319.53 in the same period last year[33] - Operating profit for the period was ¥39,275,209.99, up from ¥24,146,556.13 in Q3 2021, reflecting a growth of 63%[33] - Net profit attributable to shareholders of the parent company was ¥25,319,899.42, a decrease of 87% from ¥206,778,309.71 in the previous year[34] - The company reported a total comprehensive income of ¥26,167,352.71, down from ¥206,024,522.87 in the previous year, indicating a decline of 87%[34] - Basic and diluted earnings per share for the quarter were both ¥0.0315, compared to ¥0.2575 in the same period last year, reflecting a decrease of 88%[34] Cash Flow and Financial Position - Cash flow from operating activities for the year-to-date reached ¥129,396,108.68, a significant increase of 549.81%[5] - The cash inflow from operating activities for the period reached ¥2,778,878,087.40, a significant increase from ¥1,403,917,144.16 in the previous period, representing an increase of approximately 97.8%[35] - The net cash flow from operating activities was ¥129,396,108.68, compared to ¥19,912,860.72 in the same period last year, indicating a substantial improvement[35] - Cash inflow from investment activities totaled ¥800,250,757.02, up from ¥737,269,144.08, while cash outflow for investment activities was ¥900,095,832.45, leading to a net cash flow of -¥99,845,075.43[35] - The total cash inflow from financing activities was ¥6,024,500.00, down from ¥20,000,000.00 in the previous period, while cash outflow for financing activities was ¥42,295,889.04, resulting in a net cash flow of -¥36,271,389.04[36] - The cash and cash equivalents at the end of the period amounted to ¥126,780,656.30, a decrease from ¥174,527,157.41 at the end of the previous period[36] - The company reported a cash inflow of ¥721,380,519.59 from the recovery of investments, compared to ¥543,961,800.80 in the previous period, marking an increase of approximately 32.7%[35] - The company received ¥65,529,848.25 in tax refunds, compared to ¥40,465,427.87 in the previous period, reflecting a 62% increase[35] Assets and Liabilities - Total assets as of September 30, 2022, amounted to ¥3,210,734,927.82, reflecting an increase of 11.55% compared to the end of the previous year[5] - Accounts receivable increased by 53.59% to ¥796,237,659.71, driven by new revenue from electronic atomizers and related accessories[10] - Inventory surged by 85.15% to ¥376,115,087.89, attributed to increased stock for electronic atomizers and structural components[10] - The company reported a 96.30% increase in accounts payable, reaching CNY 879,442,734.08, due to expanded business scale and increased procurement[11] - Total liabilities increased to ¥2,065,282,763.22, compared to ¥1,766,495,892.33 in the same period last year, marking a rise of 17%[34] - Total current liabilities amounted to ¥1,831,905,198.14, an increase of 43% from ¥1,284,143,725.18 in Q3 2021[34] Expenses and Investments - Operating costs increased by 120.64% to CNY 2,390,482,778.61, driven by the growth in electronic atomizers and related accessory businesses[12] - Research and development expenses rose by 100.18% to CNY 98,754,892.72, reflecting increased investment in electronic atomizers and structural components[12] - Research and development expenses for the quarter were ¥98,754,892.72, which is a 100% increase from ¥49,333,679.48 in Q3 2021[33] - Cash paid for purchasing goods and services increased by 162.43% to CNY 1,801,912,536.27, driven by the growth in electronic vaporizer and related accessories business[13] - Cash paid for fixed asset construction and other long-term assets rose by 142.50% to CNY 120,847,024.31, reflecting investments in electronic vaporizer production lines and automation equipment[13] - Cash paid for investments increased by 30.69% to CNY 719,071,343.55, primarily due to higher purchases of financial products compared to the previous year[13] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 30,702[14] - The largest shareholder, Jinlong Holdings Group, holds 16.49% of shares, with 132,426,713 shares pledged[14] - The company has no preferred shareholders as of the reporting period[15] Legal and Settlement Matters - Jinlong Group was accepted for bankruptcy liquidation on March 31, 2020, due to inability to repay debts, with the court determining that assets were insufficient to cover liabilities[17] - The company reached a settlement agreement with Zhejiang Wuchan Yuantong Pawn Co., Ltd., agreeing to pay RMB 39,642,976.07 as part of the execution settlement[20] - The company is required to pay a remaining settlement amount of USD 11.5 million to SinCo Technologies Pte., Ltd. within twelve months as per the settlement agreement[23] - The company has completed the sale of idle assets for RMB 33 million, with a remaining payment of RMB 15 million yet to be received[23] - The company transferred 100% equity of Dongguan Haolitai Electronic Technology Co., Ltd. for RMB 100,000, with all transfer payments received by June 2022[23] Strategic Developments - The company received a tobacco production license for electronic cigarette processing, valid until July 31, 2023, indicating a strategic move into the electronic cigarette market[27] - The company plans to acquire approximately 81 acres of land in Dongguan for the development of a production base for micro motors and related products, although the bidding process has not yet started[19] - The company signed additional contracts with Guangdong Fwo totaling 86,996.58 million yuan (including tax) from July 9 to September 30, 2022, with a performance amount of 52,079.63 million yuan confirmed[27] - The company plans to sell idle assets in Wenzhou for 50 million yuan, with the proceeds fully recovered by the report date[28]