亿通科技(300211) - 2022 Q3 - 季度财报

Financial Performance - Q3 2022 revenue reached ¥97,988,007.97, an increase of 18.05% year-over-year, while year-to-date revenue was ¥267,165,856.10, up 81.61% compared to the same period last year[5] - Net profit attributable to shareholders for Q3 2022 was ¥7,071,929.32, a decrease of 29.88% year-over-year, with year-to-date net profit at ¥24,737,456.66, an increase of 52.31%[5] - Basic and diluted earnings per share for Q3 2022 were both ¥0.0234, down 29.73% year-over-year, while year-to-date earnings per share were ¥0.0817, up 52.14%[5] - Total operating revenue for the third quarter reached ¥267,165,856.10, a significant increase from ¥147,110,904.01 in the previous year, representing an increase of approximately 81.6%[52] - Net profit for the period was ¥24,737,456.66, compared to ¥16,241,725.95 in the same period last year, reflecting a growth of approximately 52.5%[53] - Total comprehensive income for the third quarter reached ¥24,737,456.66, up from ¥16,241,725.95 in the same period last year, representing a year-over-year increase of approximately 52.5%[54] - Basic and diluted earnings per share increased to ¥0.0817 from ¥0.0537, reflecting a growth of 52.5%[54] Cash Flow and Investments - Cash flow from operating activities for the year-to-date period was -¥25,964,228.85, a decrease of 754.80% compared to the previous year[5] - Cash inflow from operating activities was ¥286,604,832.21, significantly higher than ¥104,472,780.60 in the previous year, marking an increase of approximately 174.5%[54] - Cash outflow from operating activities totaled ¥312,569,061.06, compared to ¥100,507,548.63 in the prior year, resulting in a net cash flow from operating activities of -¥25,964,228.85, down from ¥3,965,231.97[54] - The company reported a net cash outflow from investing activities of -¥2,126,600 for the year-to-date period, a decrease of 131.56% compared to the previous year[11] - Cash flow from investment activities showed a net outflow of -¥2,126,580.74, a decrease from a net inflow of ¥6,738,284.07 in the same period last year[55] - The company invested ¥110,000,000.00 in cash for investments, compared to ¥80,000,000.00 in the previous year, indicating a 37.5% increase in investment spending[55] Assets and Liabilities - Total assets at the end of Q3 2022 were ¥627,572,278.82, an increase of 3.37% from the end of the previous year[5] - Current assets totaled ¥487,831,363.66, up from ¥463,639,789.02, indicating a growth of about 5.8%[50] - The total liabilities decreased to ¥111,236,112.76 from ¥120,056,416.27, representing a decline of approximately 7.6%[51] - The company's cash and cash equivalents were ¥269,637,257.42, down from ¥300,487,930.86, reflecting a decrease of about 10.3%[50] - The ending balance of cash and cash equivalents was ¥265,329,726.74, slightly down from ¥266,631,820.95 at the end of the previous year[55] Research and Development - R&D expenses for the year-to-date period were ¥32,764,800, an increase of 120.33% year-over-year due to an increase in R&D personnel and related costs[13] - Research and development expenses increased to ¥32,764,778.86 from ¥14,871,080.70, marking a rise of about 119.5% year-over-year[52] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,836[17] - The largest shareholder, Anhui Shunyuan Xinke Management Consulting Partnership, holds 30.00% of shares, amounting to 90,802,724 shares, with 62,000,000 shares pledged[17] - The controlling shareholder, Anhui Shunyuan, pledged 72,000,000 shares, accounting for 79.32% of its holdings and 23.79% of the company's total share capital[39] - As of August 17, 2021, Anhui Shunyuan reduced the pledged shares to 62,000,000, which represents 68.30% of its holdings and 20.48% of the company's total share capital[40] Employee Stock Ownership Plans - The company has implemented an employee stock ownership plan with a total amount not exceeding CNY 11 million, approved in 2015[22] - The employee stock ownership plan (ESOP) initiated in 2015 involved the purchase of 454,700 shares at an average price of approximately 23.8 RMB per share, representing 0.2854% of the company's total share capital[23] - As of the end of the reporting period, the total number of shares held under the 2015 ESOP is 863,930, which remains at 0.2854% of the total share capital, with cumulative cash dividends received amounting to 212,799.60 RMB (including tax)[23] - The original duration of the 2015 ESOP was set for 24 months, but it has been extended multiple times, with the latest extension approved to last until November 11, 2025[28] - A total of 32 participants have left the company, holding a combined share of 3.53 million, which accounts for 32.68% of the total shares in the 2015 ESOP[28] - The management of the 2015 ESOP was transitioned from Southwest Securities to the company itself as of October 24, 2019, allowing for more direct oversight[29] - The 2021 restricted stock incentive plan was approved on July 11, 2021, allowing eligible participants to receive A-shares upon meeting specific vesting conditions[30] - The incentive plan proposes to grant 4.24375 million restricted shares, accounting for 1.40% of the company's total share capital of 302.675973 million shares as of the announcement date[31] - The initial grant consists of 3.395 million shares, representing 1.12% of the total share capital, and 80.00% of the total granted rights[31] - The reserved portion includes 848,750 shares, which is 0.28% of the total share capital and 20.00% of the total granted rights[31] - The grant price for the restricted shares is set at 6 CNY per share[31] - The 2022 incentive plan aims to grant 5.25 million restricted shares, approximately 1.735% of the total share capital[35] - The initial grant under the 2022 plan is 4.2 million shares, which is 1.388% of the total share capital and 80.00% of the total granted rights[35] - The reserved portion in the 2022 plan consists of 1.05 million shares, accounting for 0.347% of the total share capital[35] - The grant price for the restricted shares in the 2022 plan is set at 7 CNY per share[35] - The 2021 incentive plan has completed the initial grant of 3.355 million restricted shares to 35 incentive objects[33] - The 2022 incentive plan has completed the initial grant of 4.2 million restricted shares to 2 incentive objects[38] Strategic Partnerships and Subsidiaries - The wholly-owned subsidiary, Hefei Whale Microelectronics, signed a cooperation agreement with Hyundai Motor's R&D center to explore commercial and technical collaborations in smart wearable projects[44] - Hefei Whale Microelectronics also entered a strategic cooperation agreement with Qingdao Yilai to jointly develop specialized chips and sensors for smart home and lighting products[45] - The company established a wholly-owned subsidiary in the Anhui Free Trade Zone with a registered capital of 20 million RMB, focusing on management consulting and investment activities[47] Other Financial Information - The company reported an asset impairment loss of CNY -643,700, mainly due to an increase in provisions for bad debts on contract assets[14] - Income tax expenses for the same period were CNY 2,505,900, an increase of 49.58% year-on-year, mainly due to an increase in total profit[14] - The company approved a comprehensive credit facility of 410 million RMB for the year 2022, subject to final approval by the banks[43] - The report for the third quarter was not audited, as stated by the company[56]