天银机电(300342) - 2022 Q3 - 季度财报

Financial Performance - Revenue for Q3 2022 was CNY 244,810,354.27, an increase of 6.85% compared to the same period last year[5] - Net profit attributable to shareholders was CNY 14,740,814.35, up 1.70% year-on-year, while year-to-date net profit decreased by 48.13% to CNY 40,372,212.35[5] - Basic earnings per share for Q3 2022 was CNY 0.0347, reflecting a 3.27% increase, but year-to-date earnings per share dropped by 47.54% to CNY 0.0950[5] - Total operating revenue for Q3 2022 was CNY 651.14 million, a decrease of 9.3% compared to CNY 717.93 million in Q3 2021[30] - Net profit for Q3 2022 was CNY 40.35 million, a decline of 48.3% from CNY 78.03 million in Q3 2021[31] - The company recorded a total comprehensive income of CNY 40.36 million in Q3 2022, down from CNY 76.14 million in Q3 2021, reflecting overall performance challenges[31] Assets and Liabilities - Total assets at the end of Q3 2022 were CNY 2,188,608,318.18, a decrease of 3.34% from the end of the previous year[5] - The company's total assets as of the end of Q3 2022 were CNY 2.19 billion, down from CNY 2.26 billion at the end of Q3 2021[28] - Total liabilities decreased to CNY 655.97 million in Q3 2022 from CNY 714.43 million in Q3 2021, reflecting a reduction of 8.2%[28] - The equity attributable to shareholders of the parent company was CNY 1.52 billion, slightly down from CNY 1.54 billion in the previous year[28] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 15,969,560.88, representing a 59.67% increase in cash outflow compared to the previous year[5] - The company's net cash flow from operating activities improved by 59.67%, reaching -15,969,560.88 RMB compared to -39,594,234.41 RMB in the same period last year[10] - Net cash flow from financing activities decreased by 496.43%, reaching -31,815,163.49 RMB, primarily due to increased cash outflows for debt repayment[10] - Net cash flow from financing activities was negative at CNY -31,815,163.49, a decline from a positive CNY 8,025,452.64 in the previous period[33] Expenses - Total operating costs for Q3 2022 were CNY 612.46 million, down 3.8% from CNY 636.39 million in the same period last year[30] - Research and development expenses for Q3 2022 were CNY 51.75 million, a decrease of 25.1% compared to CNY 69.19 million in Q3 2021[30] - Financial expenses decreased by 253.44%, resulting in a gain of -5,528,831.67 RMB due to increased foreign exchange gains[10] - Tax expenses dropped by 87.01%, amounting to 759,857.17 RMB, primarily due to a decrease in pre-tax profits[10] - Sales expenses decreased by 34.41%, totaling 13,598,862.20 RMB, attributed to pandemic-related disruptions in market development and sales activities[10] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 25,475[12] - The largest shareholder, Foshan Lanhai Rui Xing Equity Investment Partnership, holds 28.99% of the shares, equating to 123,200,000 shares[12] Management and Governance - The company appointed Fang Guchuan as the chairman of the fifth board of directors for a term of three years[21] - The fifth board of directors consists of 9 members, including 6 non-independent directors and 3 independent directors[18] - The company elected Chen Juan as the chairperson of the fifth supervisory board, also for a term of three years[21] - The company has established four specialized committees under the board of directors, including the Audit Committee and the Strategic Committee, each with a three-year term[22] - The company appointed Zhao Yunwen as the general manager and several others as vice general managers, with their terms also set for three years[24] - The company held its first temporary shareholders' meeting on August 30, 2022, to approve the election of the new board members and supervisors[19] Other Financial Metrics - The company reported a significant increase in other current assets by 551.81% to CNY 2,717,360.76, primarily due to increased prepaid expenses[9] - The company’s investment properties increased to CNY 23,981,964.34, reflecting a 100% increase due to leasing part of the old factory area[9] - The company’s construction in progress rose dramatically by 13,138.92% to CNY 4,443,870.22, attributed to the expansion of a new factory[9] - The company experienced a 38.38% increase in deferred tax assets, amounting to CNY 26,404,159.14, due to temporary differences from losses in subsidiaries impacted by the pandemic[9] - Deferred income tax assets increased to CNY 26.40 million in Q3 2022 from CNY 19.08 million in Q3 2021, showing a positive trend in tax asset management[28] Audit and Reporting - The company did not conduct an audit for the third quarter report[34] - The report was released by the board of directors on October 25, 2022[35]