开山股份(300257) - 2022 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2022 was ¥887,291,590.96, representing a 13.66% increase year-over-year[7]. - Net profit attributable to shareholders for the same period was ¥99,475,063.73, a 25.14% increase compared to the previous year[7]. - The net profit after deducting non-recurring gains and losses was ¥93,944,092.53, up by 20.99% year-over-year[7]. - Basic earnings per share for Q3 2022 were ¥0.1001, a 25.13% increase from the same period last year[7]. - The net profit for the current period is 334,909,575.95, an increase from 232,844,672.25 in the previous period, representing a growth of approximately 43.9%[35]. - The total comprehensive income for the current period is 847,849,294.25, compared to 215,997,572.26 in the previous period, indicating a significant increase of about 292.5%[35]. - The basic earnings per share for the current period is 0.3324, up from 0.2314 in the previous period, reflecting a growth of approximately 43.7%[38]. - The operating profit for the current period is 383,316,197.74, an increase from 264,072,807.24 in the previous period, reflecting a growth of approximately 45.1%[35]. Assets and Liabilities - The total assets at the end of the reporting period reached ¥12,862,008,670.15, reflecting a 10.80% increase from the end of the previous year[7]. - The company's total liabilities amounted to CNY 7.09 billion, up from CNY 6.68 billion, indicating an increase of about 6.16%[30]. - The total equity attributable to shareholders rose to CNY 5.77 billion, compared to CNY 4.93 billion, reflecting a growth of approximately 17.06%[32]. - The company's inventory as of September 30, 2022, was CNY 1.47 billion, up from CNY 1.27 billion, indicating an increase of approximately 15.00%[30]. - Long-term equity investments increased to CNY 71.83 million from CNY 64.60 million, reflecting a growth of about 11.00%[30]. - Deferred income tax assets rose to CNY 174.56 million from CNY 161.13 million, indicating an increase of about 8.33%[30]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥337,512,600.70, which is a 37.24% increase year-over-year[12]. - Cash flow from operating activities for the current period is 337,512,600.70, compared to 245,932,824.11 in the previous period, showing an increase of about 37.1%[39]. - Cash flow from investing activities resulted in a net outflow of 1,027,638,113.34, worsening from a net outflow of 984,444,734.79 in the previous period[42]. - Cash flow from financing activities generated a net inflow of 545,841,635.90, compared to 39,719,515.18 in the previous period, indicating a substantial increase[42]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 11,743[13]. - The company has released 135,635,018 restricted shares, with 37,350,000 shares held by executive Cao Kejian remaining restricted[19]. - The company’s largest shareholder, Kaishan Holding Group, holds 58.49% of the shares, making it the controlling shareholder[18]. - The total number of shares held by the top 10 unrestricted shareholders is 504,965,379, representing a significant portion of the company's equity[19]. - The company has not disclosed any known relationships or concerted actions among other shareholders[19]. Project Developments - The company completed the acquisition of 100% equity in Inter Investment Pte. Ltd. for $60 million, which holds rights to explore and develop seven geothermal projects in Indonesia with a total power generation potential of 990 MW[20]. - The SGI first power station with a capacity of 5 MW commenced commercial operations on March 28, 2022[21]. - The Star Peak project successfully connected to the NV Energy grid and began power production, with electricity sold at $70.25 per MWh[21]. - The third unit of SMGP officially started commercial operations with a net power generation capacity of 46.150 MW[21]. - OME Eurasia signed an agreement to invest $21 million for a 49% stake in TTG, which is developing geothermal resources in Turkey with a fixed electricity price of $105 per MWh until December 31, 2030[22]. - The Gulpinar project is expected to have a P90 power capacity of 15-18 MW and a P50 capacity of 25-27 MW, with a total capital investment of approximately $58 million[25]. Financial Ratios - The weighted average return on equity was 1.70%, an increase of 0.08% compared to the previous year[7]. - The company reported a net interest expense of CNY 97.57 million, compared to CNY 61.08 million in the previous period, an increase of approximately 59.83%[33]. - The income tax expense for the current period is 47,726,855.72, compared to 30,459,508.17 in the previous period, which is an increase of about 56.8%[35].