Nanhua(SZ:300417)2022-10-24 16:00Financial Performance - The company's revenue for the third quarter was CNY 34,184,627.84, an increase of 4.49% compared to the same period last year, but a decrease of 35.48% year-to-date [5]. - Net profit attributable to shareholders was CNY 500,192.89, representing a 110.00% increase year-on-year, but a significant decrease of 75.21% year-to-date [5]. - Total operating revenue for the current period was ¥92,682,930.32, a decrease of 35.5% compared to ¥143,641,316.74 in the previous period [37]. - Net profit for the current period was ¥2,948,718.02, a significant decline of 75.2% from ¥11,897,136.99 in the previous period [38]. - Basic and diluted earnings per share decreased to ¥0.0216 from ¥0.0868, representing a drop of 75.2% [39]. - The company reported a total comprehensive income of ¥3,282,721.36, down 72.5% from ¥11,911,728.60 in the previous period [39]. Cash Flow and Liquidity - The cash flow from operating activities for the year-to-date period was CNY 23,850,602.03, showing a substantial increase of 235.30% [5]. - The net cash inflow from investment activities was 73,592,987.06 CNY, compared to a net outflow of 120,265,527.96 CNY in the previous period [41]. - The total cash and cash equivalents at the end of the period amounted to 130,545,439.80 CNY, an increase from 31,663,276.62 CNY in the previous period [41]. - The cash balance in the trust account related to the Chongqing Trust project is 15.81 million RMB, with a distribution of 1% of the trust principal amounting to 1.51 million RMB [28]. - The cash received from other investment activities was 90,600,000.00 CNY, down from 140,000,000.00 CNY in the previous period [41]. - The company’s cash and cash equivalents saw a net increase of 94,962,788.84 CNY, contrasting with a net decrease of 171,565,892.01 CNY in the previous period [41]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 531,670,950.91, a decrease of 1.21% compared to the end of the previous year [5]. - The company’s total liabilities decreased by CNY 9,764,300, primarily due to the payment of performance bonuses from previous years [14]. - The total liabilities decreased to ¥33,088,408.32 from ¥40,180,040.29, a reduction of 17.5% [36]. - The company reported a total current liabilities of CNY 31.81 million, down from CNY 38.88 million, a decrease of about 18.2% [35]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 11,663 [23]. - The top 10 shareholders hold a combined 49.79% of the shares, with the largest shareholder, Li Yuan, holding 13.13% [23]. - The company has 50,322,131 shares under lock-up, all of which are executive lock-up shares [25]. - The total number of restricted shares canceled is 817,553, reducing the total share capital from 137,008,376 to 136,190,823 shares [27]. - The company completed a share repurchase and capital reduction, reducing its total share capital from 137,008,376 shares to 136,190,823 shares [32]. Research and Development - Research and development expenses for the reporting period were CNY 10,581,900, a decrease of 30.79% compared to the previous year [16]. - Research and development expenses were ¥10,581,877.27, down 30.7% from ¥15,289,132.56, indicating a focus on cost management [37]. Management and Governance - The company’s actual controllers are Yang Yaoguang and Yang Weiguang, who are brothers and acting in concert [24]. - The company’s management team includes key figures such as Li Yuan, Deng Zhiyi, and Su Qiyuan [24]. - The company has not disclosed any other significant shareholder relationships or agreements beyond those mentioned [24]. Legal Matters - The company has ongoing legal disputes regarding patent rights, with a recent case resulting in a favorable ruling for the company [30]. Operational Highlights - The company is actively involved in various technological developments and market expansions, focusing on specialized instrument manufacturing and environmental monitoring [33].