CCEM(SZ:300655)2022-10-25 16:00Revenue and Profit - Revenue for Q3 2022 was ¥394,919,678.05, a decrease of 11.42% compared to the previous quarter, while year-to-date revenue reached ¥1,337,680,744.71, an increase of 2.21% year-on-year[6]. - Net profit attributable to shareholders for Q3 2022 was ¥26,303,945.84, down 47.35% from the previous quarter, and year-to-date net profit was ¥109,113,591.90, a decrease of 33.92% year-on-year[6]. - The net profit excluding non-recurring gains and losses for Q3 2022 was ¥4,877,284.90, a significant drop of 87.55%, with year-to-date figures at ¥85,287,287.99, down 9.48% year-on-year[6]. - Basic earnings per share for Q3 2022 were ¥0.05, a decline of 66.67%, while diluted earnings per share were also ¥0.05, reflecting the same percentage decrease[6]. - Net profit attributable to the parent company was ¥109,113,591.90, down 33.9% from ¥165,123,879.35 in the previous period[42]. - The total comprehensive income for the current period was ¥108,087,508.38, down from ¥170,785,273.37 in the previous period, indicating a decline of 36.7%[42]. Assets and Liabilities - Total assets as of the end of Q3 2022 were ¥3,227,504,983.11, an increase of 10.36% compared to the end of the previous year[6]. - The company's total assets amounted to RMB 3.23 billion, an increase from RMB 2.92 billion at the beginning of the year[33]. - The company's total liabilities decreased to ¥1,218,817,155.15 from ¥1,240,570,585.85, reflecting a reduction of 1.8%[36]. - The company's non-current assets totaled RMB 1.93 billion, up from RMB 1.56 billion, marking an increase of approximately 23.7%[33]. Cash Flow - The company reported a net cash flow from operating activities of ¥221,720,609.94 for the year-to-date, an increase of 33.58% year-on-year[6]. - Net cash flow from operating activities increased by 33.58% to ¥221,720,609.94 compared to ¥165,987,213.56 in the same period last year, primarily due to accelerated sales collection[15]. - Operating cash inflow for the current period reached ¥927,889,072.08, an increase from ¥833,782,861.22 in the previous period, representing a growth of approximately 11.3%[43]. - Net cash flow from investment activities was -¥603,680,488.14, a 145.12% increase in losses compared to -¥246,282,098.86, due to heightened investment activities[18]. - Net cash flow from financing activities decreased by 44.88% to ¥264,790,911.49 from ¥480,359,975.03, primarily due to reduced financing amounts[18]. - The ending cash and cash equivalents balance was ¥432,399,449.06, down from ¥643,384,305.62, a decrease of about 32.7%[46]. Investments and Expenses - Research and development expenses for the year-to-date were ¥43,338,156.57, an increase of 37.74% compared to the same period last year, indicating a continued investment in innovation[14]. - The company reported a significant increase in long-term equity investments by 39.78%, reaching ¥177,391,943.60, attributed to increased external investments[11]. - Total cash inflow from investment activities surged by 780,318.54% to ¥207,825,456.50 from ¥26,630.00, mainly due to increased investment in financial products[15]. - Cash outflow from investment activities rose by 229.47% to ¥811,505,944.64 from ¥246,308,728.86, attributed to increased investments in financial assets[18]. - The company received tax refunds amounting to ¥34,710,014.50, compared to ¥11,830,818.86 in the previous period, marking an increase of approximately 194.5%[43]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 59,370, with the largest shareholder, New Silver International Limited, holding 16.60%[19]. - The company adjusted its second phase of the restricted stock incentive plan, increasing the number of shares from 3,591,299 to 6,061,371 and reducing the grant price from ¥13.44 to ¥7.90 per share[23]. - The total number of restricted shares at the beginning of the period was 63,449,920, with 32,024,184 shares released from restrictions during the period[22]. Corporate Actions - The company completed the acquisition of 100% equity in Weinan Meitru Technology Co., Ltd. for RMB 3.35 million, which will be used for a project with an annual production capacity of 20,000 tons of γ-butyrolactone and 100,000 tons of electronic-grade N-methylpyrrolidone[27]. - The company established a partnership fund in Shanghai with total contributions of RMB 31 million from its wholly-owned subsidiary and other partners, including RMB 31 million from Shan Feng Investment[28]. - The company terminated the investment in a project for the annual production of 54,000 tons of microelectronic materials due to local policy changes, resulting in the dissolution of its subsidiary Anhui Jingrui Microelectronics Materials Co., Ltd.[29]. Management Changes - The company appointed Yuan Zheng as the new Vice General Manager and Board Secretary on August 15, 2022[30].