青松股份(300132) - 2022 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2022 was ¥726,235,172.74, a decrease of 3.71% compared to the same period last year, and a year-to-date revenue of ¥2,142,303,223.85, down 19.61% year-on-year [4]. - The net profit attributable to shareholders for Q3 2022 was -¥498,561,000.02, a decline of 704.35%, with a year-to-date net profit of -¥657,077,350.85, down 653.82% compared to the previous year [4]. - Total operating revenue for Q3 2022 was ¥2,142,303,223.85, a decrease of 19.5% compared to ¥2,664,857,342.42 in the same period last year [32]. - The net profit attributable to shareholders of the parent company was a loss of ¥657,077,350.85, compared to a profit of ¥118,644,075.28 in Q3 2021 [33]. - The total comprehensive income for Q3 2022 was a loss of ¥653,480,726.70, compared to a profit of ¥118,082,263.99 in Q3 2021 [33]. - Basic and diluted earnings per share were both -¥1.2720, compared to ¥0.2297 in the same period last year [33]. Assets and Liabilities - The company's total assets decreased by 18.97% from the end of the previous year to ¥3,719,974,274.32 [6]. - The equity attributable to shareholders decreased by 31.30% to ¥1,467,095,585.10 compared to the end of the previous year [6]. - The total current assets decreased from 2.63 billion yuan at the beginning of the year to 2.32 billion yuan by September 30, 2022, reflecting a decline of approximately 11.8% [29]. - The total liabilities decreased from 2.46 billion yuan at the beginning of the year to 2.25 billion yuan, indicating a reduction of about 8.5% [30]. - The non-current assets decreased from 1.96 billion yuan to 1.40 billion yuan, reflecting a reduction of approximately 28.5% [30]. - The company's total assets decreased from 4.59 billion yuan to 3.72 billion yuan, a decline of about 19% [30]. Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥264,277,354.20, an increase of 321.38% compared to the previous year [4]. - Operating cash flow net amount for the first nine months of 2022 was ¥264,277,354.20, a substantial increase of 321.38% from the same period last year, mainly due to reduced payments for material procurement and employee compensation [16]. - The net cash flow from investment activities increased to ¥52,085,724.07, a rise of 137.45%, attributed to decreased expenditures on fixed and intangible assets [16]. - The net cash flow from financing activities decreased to -¥178,282,535.63, a decline of 166.64%, primarily due to reduced borrowing and increased guarantee payments [16]. - The company reported a significant increase in cash and cash equivalents, reaching ¥160,373,673.97, up 1,921.76% compared to the previous year, mainly due to reduced expenditures on operating activities and asset construction [16]. - Cash and cash equivalents at the end of the period increased to ¥731,793,498.34, up from ¥522,555,180.85 at the end of Q3 2021 [38]. Expenses and Impairments - The company recorded a substantial increase in credit impairment losses, amounting to -¥6,250,672.98, reflecting a 32,965.38% change due to provisions for bad debts [14]. - The company reported an asset impairment loss of ¥505,812,456.50, a significant increase of 30,853.35% compared to the previous period, primarily due to goodwill and equipment impairment [15]. - The income tax expense for the period was -¥46,366,300.36, a decrease of 285.95% year-on-year, primarily due to a reduction in total profit [15]. - The company experienced a significant increase in financial expenses, with interest expenses rising to ¥48,396,215.49 from ¥29,361,395.86 in the previous year [32]. - Research and development expenses were ¥91,259,333.62, slightly up from ¥90,192,385.71 in the same period last year [32]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 29,589, with the top ten shareholders holding significant stakes [18]. - The largest shareholder, Norsbel (Hong Kong) Nonwoven Products Co., Ltd., held 9.17% of the shares, amounting to 47,392,045 shares [18]. Strategic Changes - The company plans to divest 100% equity of two subsidiaries to focus on the cosmetics and consumer goods sectors, with two interested parties having submitted their intent to acquire [24]. - The company intends to issue A-shares to a specific individual, which will result in a change of control, as the individual will become the controlling shareholder [25]. Other Financial Metrics - The company experienced a foreign exchange gain of ¥22,293,131.33, a remarkable increase of 2,010.01%, mainly due to fluctuations in the RMB to USD exchange rate [16]. - The investment income increased significantly by 591.40% to ¥288,816.55, attributed to returns from bank financial products [14]. - The company received operating income of ¥571,209.30, an increase of 109.45% from the previous period, mainly due to compensation received during the current period [15]. - The company reported a significant increase in deferred tax assets by 155.40% to ¥76,795,099.40, mainly due to increased unamortized losses and impairment provisions [12].