银禧科技(300221) - 2022 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2022 was ¥447,912,429.32, a decrease of 19.01% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2022 was ¥4,110,441.03, down 74.84% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥3,127,448.79, an increase of 167.76% compared to the same period last year[5]. - Total operating revenue for Q3 2022 was CNY 1,398,428,616.16, a decrease of 9.47% from CNY 1,544,817,955.36 in the same period last year[28]. - The net profit for Q3 2022 was a loss of CNY 6,385,183.95, compared to a profit of CNY 71,516,215.56 in Q3 2021, indicating a significant decline in profitability[29]. - The net profit attributable to the parent company for Q3 2022 was a loss of ¥8,566,131.01, compared to a profit of ¥68,995,129.88 in the same period last year[30]. - The total comprehensive income for Q3 2022 was a loss of ¥2,564,303.09, while the previous year reported a total of ¥71,338,541.78[30]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,807,133,328.31, a decrease of 7.45% from the end of the previous year[5]. - The company's total assets as of September 30, 2022, were CNY 1,807,133,328.31, down from CNY 1,952,546,734.43 at the beginning of the year[26]. - Current assets decreased to CNY 1,294,878,210.64 from CNY 1,494,792,344.58, a decline of 13.38%[26]. - The total liabilities decreased to CNY 550,699,594.77 from CNY 785,365,148.33, a reduction of 29.87%[26]. - The company’s total liabilities decreased, with accounts payable down 38.22% to ¥231,795,674.17, reflecting reduced procurement amounts[10]. Cash Flow - The company reported a significant increase in cash flow from operating activities, amounting to ¥354,241,666.95, up 384.23% year-to-date[5]. - Cash flow from operating activities increased significantly by 384.23% to CNY 354,241,666.95, primarily due to a substantial rise in cash received from sales of goods and services[11]. - The operating cash flow for the period was ¥354,241,666.95, a significant improvement from a negative cash flow of ¥124,633,890.85 in the same period last year[32]. - The net cash flow from investing activities decreased by 424.04% to -CNY 274,411,915.32, mainly due to increased cash outflows for purchasing financial products[11]. - The net cash flow from financing activities dropped by 319.69% to -CNY 116,214,860.09, attributed to the previous year's receipt of CNY 110 million from employee stock subscriptions[11]. - The total cash inflow from financing activities was ¥228,513,173.99, down from ¥449,461,981.97 in the previous year[32]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 42,863[13]. - The top ten shareholders collectively hold a significant portion of the company's shares, with the largest shareholder owning 2.11%[13]. - The company reported a total of 35,756,887 shares, with 8,642,500 shares under incentive restrictions, leaving 29,206,557 shares available for circulation[18]. - A total of 864.25 million shares, representing 1.81% of the company's total share capital, became eligible for release from restrictions due to the completion of the first release condition of the 2021 restricted stock incentive plan[21]. - The company plans to repurchase and cancel 150,000 shares of restricted stock due to the departure of an incentive object who no longer qualifies[22]. Management and Governance - The management expenses for the first nine months of 2022 were ¥126,048,938.93, an increase of 58.18% compared to the same period last year, primarily due to stock incentive costs[10]. - The company revised its governance documents to enhance its governance structure in compliance with relevant laws and regulations[22]. - The company’s financial report indicates ongoing efforts to manage share incentives and governance effectively[24]. - The company’s incentive plan includes a lock-up period for shares, with a maximum transfer limit of 25% of total shares held by directors and senior management[18]. - The company’s board received a resignation letter from a director, who no longer holds any position within the company[20]. Investment and Subsidiary Development - The company established a new subsidiary, Dongguan Yinxin Technology Co., Ltd., in collaboration with Dongguan Yinke Zhihui Technology Co., Ltd.[23]. - The company has implemented strategies for market expansion and product development, although specific details were not disclosed in the report[11]. Other Financial Metrics - The company’s weighted average return on equity was 0.37%, down 1.11% from the previous year[5]. - Investment income decreased by 62.46% to CNY 1,946,717.04 due to reduced investment gains recognized during the reporting period[11]. - Fair value changes improved, resulting in a gain of CNY 128,957.83 compared to a loss of CNY 732,640.98 in the previous year[11]. - The company experienced a 43.83% reduction in income tax expenses, amounting to CNY 2,142,642.20, primarily due to the reversal of deferred tax assets in the prior year[11]. - The company reported cash inflows from operating activities totaling ¥1,716,687,003.16, compared to ¥1,332,967,235.64 in the previous year, indicating a year-over-year increase of approximately 29%[32]. - The company experienced a foreign exchange impact on cash and cash equivalents of ¥1,734,020.14 in Q3 2022[33].