THD(SZ:300397)2022-10-25 16:00Financial Performance - Revenue for Q3 2022 was ¥100,647,975.11, a decrease of 36.99% compared to the same period last year[4] - Net profit attributable to shareholders was -¥15,910,817.58, a decline of 274.14% year-over-year[4] - The company reported a basic earnings per share of -¥0.0307, down 273.45% from the previous year[4] - Total operating revenue for Q3 2022 was CNY 341,234,767.61, a decrease of 17.4% compared to CNY 413,421,367.96 in the same period last year[36] - Net profit for Q3 2022 was a loss of CNY 43,173,105.26, compared to a loss of CNY 398,977.44 in Q3 2021[37] - The company's R&D expenses increased to CNY 72,451,036.55, up 24.5% from CNY 58,193,896.58 in the previous year[37] - The total comprehensive income attributable to the parent company was -33,104,839.44 CNY, compared to 1,480,542.97 CNY in the previous period[38] - Basic and diluted earnings per share were both -0.064 CNY, compared to 0.0029 CNY in the previous period[38] Assets and Liabilities - Total assets at the end of Q3 2022 were ¥2,623,780,441.36, an increase of 3.20% from the end of the previous year[5] - Total liabilities increased to CNY 678,511,930.48, compared to CNY 558,920,989.44 in the same period last year[34] - The total equity attributable to shareholders of the parent company decreased to CNY 1,944,198,289.52 from CNY 1,977,440,510.33 in the previous year[34] - Long-term borrowings increased by 489.32% to ¥226,578,619.65, primarily for the construction of a 5G communication industrial park[10] Cash Flow - The company’s cash flow from operating activities was -¥110,351,035.13, a significant decrease of 622.65%[4] - Cash received from operating activities decreased by 44.90% to ¥35,219,758.30, mainly due to a reduction in VAT refunds[11] - Cash paid for purchasing goods and services decreased by 30.00% to ¥279,187,777.84, in line with the decrease in sales revenue[11] - The net cash flow from operating activities was -110,351,035.13 CNY, a significant decrease from 21,113,890.18 CNY in the previous period[41] - Cash inflow from operating activities totaled 420,572,770.03 CNY, down 41.9% from 724,251,558.64 CNY in the previous period[41] - Cash outflow from operating activities was 530,923,805.16 CNY, compared to 703,137,668.46 CNY in the previous period[41] Fundraising and Share Issuance - The company reported a total of 1,962,066 shares issued for fundraising, with the lock-up period lifted on March 8, 2022[19] - The total amount raised through these fundraising efforts is significant, indicating strong investor interest in the company's growth potential[20] - The company is actively managing its capital structure through these fundraising initiatives, which may support future expansion and development projects[19] - The company has seen a consistent increase in fundraising activities, with multiple funds contributing to the total share issuance[19] Investment Projects - The company plans to invest CNY 16.9981 billion in the construction of the 5G Communication Industrial Park project in Xi'an High-tech Zone[23] - The investment for the Tianrong Big Data (Xi'an) Computing Center project is estimated at CNY 21.5536 billion for the first phase, which includes CNY 6.5981 billion from the original investment surplus[24] - The company aims to produce 5G communication electronic products and dual-use military-civilian products at the 5G Communication Industrial Park[23] - The company plans to invest approximately 1.2 billion RMB in the first phase of the microwave ferrite and ceramic materials project, with a construction period of 21 months[28] Operational Challenges and Future Plans - The company is actively advancing the construction of the 5G communication industrial park, which has faced delays due to various factors, including the pandemic[26] - The company is coordinating with various parties to expedite the 5G communication industrial park project to ensure timely completion and operation[26] - Future performance guidance indicates a projected revenue growth of 15% year-over-year for the next fiscal year[17] - The company plans to increase investment in the 5G communication industrial park project, leading to a 280.38% increase in cash paid for fixed asset construction to ¥285,711,766.29[11]