保力新(300116) - 2022 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2022 was ¥59,589,776.04, representing a 39.79% increase year-over-year, while the revenue for the year-to-date period reached ¥161,319,023.71, up 26.05% compared to the same period last year[7]. - The net profit attributable to shareholders for Q3 2022 was -¥47,584,588.37, a decrease of 87.89% year-over-year, and the year-to-date net profit was -¥95,479,929.87, down 18.79% compared to the previous year[7]. - The basic earnings per share for Q3 2022 was -¥0.0108, reflecting an 82.24% decline year-over-year, while the diluted earnings per share also stood at -¥0.0108[7]. - The company reported a net loss of RMB 1.55 million from investments, worsening from a loss of RMB 0.63 million in the previous period[50]. - The net profit for the third quarter was -96,394,861.09 CNY, compared to -82,970,232.36 CNY in the same period last year, indicating a decline of approximately 16.1%[56]. - The total comprehensive income for the period was -96,129,456.93 CNY, compared to -94,326,589.19 CNY in the previous year, reflecting a slight increase in losses[56]. - Operating profit was reported at -97,456,282.74 CNY, worsening from -83,464,997.91 CNY year-over-year[56]. Assets and Liabilities - Total assets at the end of Q3 2022 amounted to ¥825,696,704.24, an increase of 17.29% from the end of the previous year[7]. - The total liabilities decreased slightly to RMB 433.15 million from RMB 442.66 million, a reduction of about 2.3%[49]. - The company's equity attributable to shareholders increased by 55.11% year-over-year, reaching ¥389,343,333.54 at the end of Q3 2022[7]. - The company's equity attributable to shareholders increased to RMB 389.34 million from RMB 251.02 million, reflecting a growth of approximately 55.2%[49]. Cash Flow - Cash flow from operating activities for the year-to-date period was -¥64,419,594.73, a decrease of 28.13% compared to the same period last year[7]. - Net cash flow from operating activities decreased by 28.13% to -64,419,594.73, reflecting increased cash outflow due to expanded sales[20]. - The cash flow from investing activities showed a net outflow of -489,074.88 CNY, an improvement from -55,689,743.20 CNY year-over-year[60]. - Net cash flow from investing activities improved by 99.12% to -489,074.88, due to reduced capital expenditures compared to the previous year[20]. - Net cash flow from financing activities increased by 675.03% to 193,495,671.45, primarily from raising 236 million RMB through stock issuance[20]. - The company raised 236,795,869.90 CNY through financing activities, a substantial increase compared to 10,700,000.00 CNY in the previous year[60]. Operational Changes - The company's cash and cash equivalents at the end of Q3 2022 were ¥225,067,067.55, a significant increase of 286.35% from the beginning of the year, primarily due to a capital raise of ¥250 million[12]. - The company’s subsidiary in Inner Mongolia temporarily suspended production due to local COVID-19 control measures, with the resumption date dependent on government guidelines[42]. - The company is undergoing a restructuring plan that includes capital reserve conversion to increase share capital[32]. - The company has made strategic adjustments to its board of directors to enhance governance and operational efficiency[38]. Strategic Initiatives - Prepayments increased by 1439.03% to ¥56,409,770.10, attributed to a strategic supply agreement with electrolyte suppliers to lock in raw material prices[12]. - The company's contract liabilities grew by 55.64% to ¥14,207,036.29, driven by customers paying advance deposits to secure product prices amid rising raw material costs[12]. - The company is focused on expanding its market presence and enhancing control over its subsidiaries through strategic equity acquisitions[36]. - The company is actively managing its investments through various asset management plans, including those with Nord Fund and other partners[34]. - The company has engaged in multiple private placements to raise capital and support its growth initiatives[34]. Expenses and Losses - Sales expenses decreased by 38.41% to 6,812,279.86 compared to 11,059,933.46 in the same period last year, mainly due to a reduction in sales personnel and related costs[18]. - Financial expenses increased by 146.42% to 2,835,733.55, attributed to lower foreign exchange gains this period compared to the previous year[18]. - Investment losses increased by 147.25% to -1,546,562.36, primarily due to higher losses from associated companies[18]. - Credit impairment losses surged by 1023.79% to -27,640,312.65, mainly due to 100% provision for bad debts from clients entering bankruptcy proceedings[18]. - The company reported a foreign exchange gain of 265,404.16 CNY, contrasting with a loss of -11,356,356.83 CNY in the previous year[56].