科恒股份(300340) - 2022 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2022 was ¥1,083,513,458.21, representing a 16.23% increase year-over-year[5] - The net profit attributable to shareholders was -¥47,034,531.32, a decrease of 422.67% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥64,086,432.34, a decline of 594.78% year-over-year[5] - Total operating revenue for the first nine months of 2022 reached ¥2,706,892,936.53, a 14.38% increase compared to ¥2,366,582,425.19 in the same period of 2021, primarily due to a significant increase in the sales price of lithium battery cathode materials[10] - Net profit for the first nine months of 2022 was a loss of ¥57,708,564.05, a decrease of 346.92% compared to a profit of ¥23,371,221.73 in the same period of 2021, attributed to a decline in gross profit margin[10] - The company's net loss for the period was ¥57,877,900.47, compared to a loss of ¥40,114,987.50 in the previous year[20] - The net profit for Q3 2022 was -57,708,564.05 CNY, compared to a net profit of 23,371,221.73 CNY in Q3 2021, indicating a significant decline[22] - Operating profit for Q3 2022 was -104,716,668.14 CNY, down from 25,195,644.50 CNY in the same period last year[22] - Total revenue from operating activities was 1,654,784,884.61 CNY, a decrease from 2,315,525,355.46 CNY in Q3 2021, representing a decline of approximately 28.5%[23] - The total comprehensive income for Q3 2022 was -57,708,564.05 CNY, compared to 22,959,104.33 CNY in the same quarter of the previous year[23] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,955,626,143.81, an increase of 11.97% from the end of the previous year[5] - The total liabilities increased to ¥4,307,518,806.33, compared to ¥3,719,297,265.88 at the beginning of the year, marking a rise of 15.8%[20] - The company's total equity attributable to shareholders decreased by 8.21% to ¥647,155,417.51 compared to the end of the previous year[5] - The company's equity attributable to shareholders decreased to ¥647,155,417.51 from ¥705,033,317.98, reflecting a decline of 8.2%[20] Cash Flow - Cash flow from operating activities showed a net inflow of ¥44,883,945.81, down 72.53% year-to-date[5] - Cash flow from operating activities decreased by 72.53% to ¥44,883,945.81, down from ¥163,370,375.59, primarily due to increased payments for goods[10] - Cash flow from investing activities showed a net inflow of ¥3,196,777.16, a significant improvement compared to a net outflow of ¥94,222,836.06 in the previous year, mainly due to the disposal of a stake in Guangzheng Kexing[10] - Cash flow from financing activities resulted in a net outflow of ¥23,427,906.72, a 484.52% increase in outflow compared to ¥6,092,781.19 in the same period last year, primarily due to repayments of funds borrowed from related parties[10] - The company reported a cash outflow from financing activities of -23,427,906.72 CNY, compared to -6,092,781.19 CNY in Q3 2021[24] Inventory and Borrowings - Inventory increased by 34.35% to ¥2,230,991,943.56, primarily due to increased stock for timely delivery by a subsidiary[9] - Short-term borrowings rose by 65.57% to ¥350,497,489.46, attributed to new loans taken during the period[9] - The company's inventory increased significantly to ¥2,230,991,943.56, compared to ¥1,660,539,042.09 at the beginning of the year, reflecting a growth of 34.3%[19] - Short-term borrowings rose to ¥350,497,489.46, compared to ¥211,690,000.00 at the start of the year, indicating a 65.7% increase[19] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 24,764, with no preferred shareholders[12] - The largest shareholder, Wanguo Jiang, holds 14.36% of the shares, amounting to 30,453,975 shares, with 22,840,481 shares pledged[12] Operating Costs and Expenses - Operating costs increased by 17.88% to ¥2,495,400,836.34, up from ¥2,116,841,824.92, mainly due to a substantial rise in the procurement prices of lithium battery raw materials[10] - Total operating costs amounted to ¥2,797,509,171.35, up 17.1% from ¥2,388,786,078.10 year-on-year[21] - Research and development expenses for the quarter were ¥151,035,117.96, an increase of 19.8% from ¥125,936,908.47 in the same period last year[21] Taxation and Other Income - Other income increased by 30.31% to ¥32,898,563.66, compared to ¥25,247,337.52, mainly due to a significant increase in government subsidies[10] - The company reported a 61.75% increase in taxes and surcharges, totaling ¥5,966,729.22, compared to ¥3,688,896.90 in the previous year[10] Cash and Cash Equivalents - The company's cash and cash equivalents decreased to ¥104,285,733.86 from ¥112,228,369.73 at the beginning of the year, a decline of 7.5%[19] - Cash and cash equivalents at the end of Q3 2022 totaled 45,867,945.64 CNY, compared to 98,727,832.62 CNY at the end of Q3 2021, reflecting a decrease of about 53.6%[24] Foreign Exchange Impact - The company experienced a foreign exchange impact of -18,603.69 CNY on cash and cash equivalents during the quarter[24] Audit Information - The company did not conduct any audited review of the Q3 2022 report[25]