秀强股份(300160) - 2022 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2022 was ¥390,795,160.13, representing a year-over-year increase of 1.63%[5] - The net profit attributable to shareholders for Q3 2022 was ¥39,785,825.27, a decrease of 21.56% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥37,997,541.57, down 20.97% year-over-year[5] - Revenue for the first nine months of 2022 reached CNY 180,768,595.17, a 66.15% increase compared to CNY 108,796,933.69 in the same period of 2021[13] - Net profit for the first nine months of 2022 was CNY 159,577,533.92, reflecting a 61.91% growth from CNY 98,560,911.06 in the previous year[13] - Operating profit for the same period was CNY 180.77 million, up 66.15% year-on-year, while total profit reached CNY 180.09 million, reflecting a growth of 66.95%[20] - Net profit attributable to shareholders was CNY 158.87 million, representing a year-on-year increase of 60.77%[20] - Total operating revenue for the current period reached ¥1,164,898,916.59, an increase of 12.5% compared to ¥1,035,259,747.23 in the previous period[26] - Net profit for the current period was ¥159,577,533.92, representing a significant increase of 62% from ¥98,560,911.06 in the previous period[28] - Total comprehensive income for the current period was ¥159,577,534.77, compared to ¥98,560,911.06 in the previous period, showing a growth of 61.8%[28] Assets and Equity - The total assets at the end of Q3 2022 amounted to ¥1,980,561,905.20, reflecting a 4.51% increase from the end of the previous year[5] - The company’s total equity attributable to shareholders increased by 9.44% to ¥1,294,801,445.74 compared to the end of the previous year[5] - As of September 30, 2022, total assets amounted to CNY 1,980.56 million, with total liabilities at CNY 683.49 million[24] Cash Flow and Expenses - Cash flow from operating activities for the year-to-date reached ¥170,033,599.91, up 70.07% year-over-year[5] - Cash flow from operating activities generated a net amount of ¥170,033,599.91, compared to ¥99,978,496.98 in the previous period, indicating a 70.1% increase[30] - Cash received from tax refunds decreased by 46.75% to CNY 13,863,167.88, attributed to a reduction in export tax rebates[15] - Cash paid for various taxes increased by 50.43% to CNY 25,018,190.41, reflecting higher sales revenue[15] - Cash paid for the purchase of fixed assets surged by 151.91% to CNY 160,864,314.49, as the company advanced its production line automation upgrades[15] - The company reported a 996.61% increase in cash paid for dividends and interest, totaling CNY 64,919,360.06, due to the implementation of profit distribution[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 37,329[17] - The largest shareholder, Zhuhai Port Co., Ltd., holds 25.02% of the shares, amounting to 154,681,270 shares[17] Research and Development - Research and development expenses increased by 35.56% to CNY 52,591,384.69, driven by enhanced investment in smart home appliances and BIPV glass[13] - Research and development expenses rose to ¥52,591,384.69, up from ¥38,797,028.53, reflecting a growth of 35.5%[27] Operational Highlights - The company reported a significant increase in prepayments, which rose by 151.72% to ¥51,902,537.10, due to stockpiling of raw materials in response to logistics impacts from the pandemic[10] - The company's short-term borrowings increased by 70.63% to ¥201,739,993.14, driven by higher funding needs for project investments and raw material procurement[10] - The company's export sales revenue increased by 24.98% year-on-year, with products now exported to over 20 countries and regions including Europe, America, and Japan[20] - The sales revenue from the company's new energy vehicle charging pile glass products rose from 3.31% of total sales in 2021 to 5.95% in the first three quarters of 2022[20] - The gross profit margin increased by 5.82 percentage points compared to the same period last year[21] - The company has completed the construction of five distributed photovoltaic power station projects, which serve as benchmarks for its new energy business[21] - The "Intelligent Glass Deep Processing Project" in the western region is expected to commence operations in December 2022[21] - The company plans to initiate a refinancing issuance to fund the construction of intelligent glass production lines and BIPV component production lines[21] Financial Adjustments - Financial expenses showed a significant increase of -384.15%, primarily due to exchange gains from the appreciation of the USD against the CNY[13] - The net profit from non-recurring items for the year-to-date was ¥1,788,283.70, down from ¥6,154,412.47 in the previous year[6] Audit Information - The third quarter report of Jiangsu Xiugang Glass Craft Co., Ltd. is unaudited[32]