光力科技(300480) - 2022 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2022 was ¥165,487,433.90, representing a year-over-year increase of 9.28%[7] - The net profit attributable to shareholders for Q3 2022 was ¥19,840,898.03, a decrease of 7.13% compared to the same period last year[7] - The net profit after deducting non-recurring gains and losses was ¥19,302,816.63, showing a slight decrease of 0.58% year-over-year[7] - The company reported a basic earnings per share of ¥0.0565, down 12.70% from the same period last year[7] - The weighted average return on equity was 1.44%, a decrease of 1.09% compared to the previous year[7] - Total operating revenue for the current period reached ¥434,153,465.74, an increase of 23.1% compared to ¥352,658,799.94 in the previous period[32] - Net profit for the current period was ¥66,142,751.99, a decrease of 20.4% from ¥83,042,575.31 in the previous period[32] - Basic earnings per share decreased to ¥0.1828 from ¥0.2423 in the previous period, reflecting a decline of 24.6%[34] - The company achieved a total comprehensive income of ¥68,609,631.69, down from ¥82,686,482.16 in the previous period, reflecting a decrease of 17.0%[34] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,788,237,978.49, reflecting a 4.20% increase from the end of the previous year[7] - As of September 30, 2022, the total assets amounted to ¥1,788,237,978.49, an increase from ¥1,716,130,159.06 at the beginning of the year[26] - Current assets totaled ¥1,114,863,025.86, up from ¥1,089,970,364.85 at the start of the year, reflecting a growth of approximately 2.5%[26] - The total liabilities amounted to ¥392,572,324.10, compared to ¥367,756,379.76, indicating an increase of about 6.5%[29] - Current liabilities rose to ¥323,346,412.40, compared to ¥233,470,283.48, indicating an increase of approximately 38.5%[29] - The company's short-term borrowings surged to ¥96,383,461.06 from ¥35,375,048.64, marking an increase of about 172%[29] - Long-term borrowings decreased to ¥25,722,877.81 from ¥95,010,194.26, a decline of approximately 72.9%[29] - The total equity attributable to shareholders reached ¥1,388,065,791.00, up from ¥1,340,087,083.23, reflecting an increase of about 3.6%[29] - The company's retained earnings increased to ¥459,967,054.45 from ¥422,711,293.41, showing a growth of approximately 8.8%[29] Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥17,522,331.23, a significant decline of 142.30% compared to the same period last year[7] - Cash inflow from operating activities totaled ¥442,464,288.68, an increase of 20.9% from ¥365,950,132.95 in the previous period[35] - The net cash flow from operating activities was -$17.52 million, a decrease from $41.42 million in the previous period[37] - Cash outflows from operating activities totaled $459.99 million, compared to $324.53 million last year, indicating a significant increase[37] - The ending balance of cash and cash equivalents was $395.19 million, down from $500.40 million last year[37] - The company reported a total cash outflow of $72.90 million, contrasting with a cash inflow of $320.79 million in the previous period[37] Research and Development - Research and development expenses increased by ¥27,377,100, representing a 77.14% rise year-over-year[13] - Research and development expenses rose to ¥62,865,099.84, an increase of 77.1% compared to ¥35,488,043.65 in the previous period[32] - The company has mastered the complete technology and production process for the key components of semiconductor equipment, which is expected to enhance the domestic semiconductor equipment industry chain[22] - The company is committed to accelerating the localization of semiconductor equipment, aligning with its future development plans[22] Shareholder Activities - As of October 13, 2022, the controlling shareholder Zhao Tongyu completed a share buyback plan, acquiring a total of 1,855,932 shares, representing 0.53% of the total share capital, for a total amount of 31.6647 million RMB[23] - Zhao Tongyu's shareholding increased by 31,015,181 shares, bringing his total restricted shares to 103,217,383[18] - The company’s major shareholders include Zhao Tongyu with 23,707,858 shares and Chen Shulan with 4,729,817 shares, indicating a concentration of ownership[17] - The company’s controlling shareholder plans to increase his stake in the company by investing between 30 million and 60 million RMB at a price not exceeding 35 RMB per share[23] Government Support and Financing - The company received government subsidies amounting to ¥20,262,631.32 year-to-date, contributing to its non-recurring gains[8] - The company plans to issue convertible bonds to raise up to 400 million RMB for the development of ultra-precision high-rigidity air spindles, aiming for an annual production capacity of 5,200 units[22] - The company is actively working on the issuance of convertible bonds and will fulfill its information disclosure obligations in a timely manner[22] Other Financial Metrics - The company reported a decrease in investment income, with a loss of ¥109,248.89 compared to a gain of ¥22,720,770.06 in the previous period[32] - Sales expenses increased significantly to ¥68,682,493.13, up 75.4% from ¥39,180,798.61 in the previous period[32] - Other comprehensive income after tax for the current period was ¥2,466,879.70, compared to a loss of ¥356,093.15 in the previous period[34] - The impact of exchange rate changes on cash and cash equivalents was $3.98 million, compared to -$737,743.12 previously[37] - The company’s third-quarter report was not audited, indicating a potential area for investor scrutiny[39]