中创环保(300056) - 2022 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2022 was CNY 183,157,200, a decrease of 2.72% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2022 was CNY -17,183,930, representing a 21.62% increase in losses year-over-year[5]. - The basic earnings per share for Q3 2022 was CNY -0.0446, an improvement of 21.62% compared to the previous year[5]. - Total revenue for the third quarter of 2022 was CNY 762,700,002.93, an increase from CNY 745,028,537.41 in the same period last year, representing a growth of approximately 2.24%[22]. - The net profit for the third quarter was a loss of CNY 22.47 million, improving from a loss of CNY 37.03 million year-over-year[24]. - The company reported a total comprehensive loss of CNY 22.82 million for the quarter, compared to a loss of CNY 36.96 million in the same quarter last year[24]. - The basic and diluted earnings per share were both -CNY 0.0413, an improvement from -CNY 0.1184 in the previous year[24]. Cash Flow - The company reported a net cash flow from operating activities of CNY 48,863,940, a significant increase of 183.92% compared to the same period last year[5]. - Operating cash inflow decreased by 17.18% to ¥746,469,308.35 compared to ¥901,357,392.26 in the same period last year[12]. - Operating cash outflow decreased by 27.30% to ¥697,605,362.65 from ¥959,581,940.06 year-on-year[12]. - The cash flow from operating activities generated a net inflow of CNY 48.86 million, a significant recovery from a net outflow of CNY 58.22 million in the previous year[25]. - Financing activities generated a net cash inflow of CNY 16.55 million, compared to a net outflow of CNY 68.21 million in the same period last year[26]. Assets and Liabilities - Total assets as of September 30, 2022, amounted to CNY 1,372,892,547.47, reflecting a 5.94% increase from the end of the previous year[5]. - The company's cash and cash equivalents decreased to CNY 81,332,510.40 from CNY 110,097,873.78, a decline of approximately 26.14%[20]. - Accounts receivable increased to CNY 228,856,131.38 from CNY 199,391,651.84, reflecting a growth of about 14.77%[20]. - Total current liabilities rose to CNY 715,419,549.97 from CNY 581,806,933.39, an increase of about 22.93%[21]. - Non-current assets increased to CNY 641,105,507.90 from CNY 521,124,890.91, representing a growth of approximately 23.06%[20]. - The total assets of the company reached CNY 1,372,892,547.47, up from CNY 1,295,929,861.14, indicating an increase of about 5.95%[21]. - The company's retained earnings showed a deficit of CNY 803,667,822.60, worsening from a deficit of CNY 787,758,354.60 in the previous year[21]. Investments and Acquisitions - The company's long-term equity investments decreased by 76.17% to CNY 30,402,767.85 due to the acquisition of Suzhou Shunhui equity[9]. - The company's fixed assets increased by 33.41% to CNY 320,585,167.38, primarily due to the acquisition of Suzhou Shunhui equity[10]. - Investment income improved by 154.78% to ¥2,206,794.95, primarily from the disposal of equity in Jiangsu Zhongchuang Jinqi[11]. - The company did not report any profit from mergers or acquisitions during the quarter[24]. Operational Highlights - Total operating costs for the third quarter of 2022 were CNY 802,397,139.82, up from CNY 767,328,878.93, indicating an increase of about 4.06%[22]. - Operating profit for the third quarter of 2022 was a loss of CNY 26,089,928.82, compared to a loss of CNY 23,564,679.63 in the previous year[23]. - The company incurred operating expenses of CNY 697.61 million, a decrease from CNY 959.58 million in the previous year[25]. - The company won a bid for a rural sewage treatment project in Shapotou District, enhancing its wastewater treatment business[17]. Strategic Initiatives - The company plans to establish a joint venture, Jiangxi Zhongchuang Lithium Industry Co., Ltd., to expand into the lithium battery sector[18]. - The strategic direction has been adjusted to include lithium battery cathode materials and upstream industries as a second core business[18].