Goaland(SZ:300499)2022-10-26 16:00Financial Performance - The company's revenue for Q3 2022 was CNY 574,887,862.38, representing a year-on-year increase of 35.73%[7] - The net profit attributable to shareholders was a loss of CNY 309,952.52, a decline of 101.64% compared to the same period last year[7] - The company's operating revenue for the first nine months of 2022 reached CNY 1,422,274,155.96, a 33.84% increase compared to CNY 1,062,653,622.23 in the same period of 2021, driven by increased market demand for new energy vehicles and related products[13] - Total operating revenue for Q3 2022 reached CNY 1,422,274,155.96, an increase of 33.8% compared to CNY 1,062,653,622.23 in the same period last year[31] - Net profit for Q3 2022 was CNY 37,115,244.35, a decrease of 42.8% compared to CNY 64,894,200.98 in Q3 2021[33] - The company reported a decrease in total comprehensive income attributable to shareholders, which fell to CNY 1,474,545.19 from CNY 35,759,992.81 in Q3 2021[33] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY -37,331,731.01, down 59.26%[7] - Cash inflow from operating activities totaled CNY 1,145,117,025.87, an increase of 57.7% from CNY 725,677,809.75 in the previous period[37] - Cash outflow from operating activities amounted to CNY 1,182,448,756.88, up from CNY 817,301,272.72, resulting in a net cash flow from operating activities of -CNY 37,331,731.01, an improvement from -CNY 91,623,462.97[37] - Cash inflow from investing activities was CNY 792,575.00, down from CNY 1,476,733.60 in the previous period[38] - Cash outflow from investing activities increased to CNY 73,195,628.01 from CNY 49,357,560.88, leading to a net cash flow from investing activities of -CNY 72,403,053.01, compared to -CNY 47,880,827.28 previously[38] - Cash inflow from financing activities reached CNY 258,359,003.25, up from CNY 179,612,847.96[38] - Cash outflow from financing activities decreased to CNY 168,640,134.73 from CNY 245,520,330.46, resulting in a net cash flow from financing activities of CNY 89,718,868.52, compared to -CNY 65,907,482.50 previously[38] - The ending balance of cash and cash equivalents is CNY 169,450,187.02, compared to CNY 146,213,794.04 in the previous period[38] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 2,889,627,685.11, an increase of 19.64% from the end of the previous year[7] - Current liabilities rose to CNY 1,293,355,595.59, compared to CNY 981,682,310.38 in the same period last year, reflecting a 31.7% increase[30] - Long-term borrowings decreased to CNY 52,500,000.00 from CNY 56,250,000.00 year-on-year[30] - The company's deferred income tax liabilities increased by 38.76% to CNY 15,035,639.81, primarily due to differences in the book value and tax value of fixed assets[13] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 28,951[17] - The top 10 shareholders hold a total of 50,000,000 shares, with the largest shareholder holding 10,121,876 shares[18] - The company granted 3,371,560 restricted stocks to 21 incentive objects at a price of RMB 4.80 per share as part of its 2022 incentive plan[22] - The company repurchased 3,371,560 shares, representing 1.09% of the total share capital, as of September 30, 2022[21] Inventory and Receivables - The company's inventory increased by 67.21% to CNY 432,298,150.74, attributed to increased order stock[12] - The accounts receivable rose by 237.35% to CNY 64,879,159.97, driven by growth in power battery thermal management products and new energy vehicle manufacturing[12] - Accounts receivable increased to RMB 1,021,333,669.88 from RMB 912,826,107.48 at the beginning of the year, reflecting a growth of approximately 11.97%[28] - Inventory levels rose to RMB 432,298,150.74, up from RMB 258,542,235.44, indicating a significant increase of approximately 67.14%[28] Government Support and Investments - The company received government subsidies amounting to CNY 5,927,415.06 during the reporting period, contributing to its financial performance[9] - The company reported a significant increase in government subsidies, with other income rising by 79.30% to CNY 25,821,444.51[13] - The capital reserve increased by 179.51% to CNY 379,766,421.40, mainly due to the conversion of convertible bonds[13] - The company plans to invest RMB 700 million in the construction of a new headquarters for battery thermal management and automotive electronics in Dongguan[23] Research and Development - Research and development expenses rose by 46.89% to CNY 77,189,694.85, reflecting increased investment in new product development[13] - Research and development expenses for Q3 2022 were CNY 77,189,694.85, an increase of 46.9% from CNY 52,550,545.50 in the previous year[31] Earnings Per Share - The company’s basic earnings per share for the reporting period was CNY 0, reflecting a 100% decrease year-on-year[7] - Basic earnings per share for the current period is 0.01, compared to 0.13 in the previous period[35] - Diluted earnings per share for the current period is 0.01, compared to 0.12 in the previous period[35]