华信新材(300717) - 2022 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2022 was ¥82,713,993.73, representing an increase of 8.29% year-over-year, while the year-to-date revenue reached ¥249,036,787.03, up 16.51% compared to the same period last year[5] - Net profit attributable to shareholders for Q3 2022 was ¥15,861,596.91, a significant increase of 1,023.76% year-over-year, with a year-to-date net profit of ¥34,530,547.37, up 122.13%[5] - The basic earnings per share for Q3 2022 was ¥0.15, reflecting a remarkable increase of 971.43% year-over-year, while the diluted earnings per share also stood at ¥0.15[5] - Total operating revenue for Q3 2022 reached CNY 249,036,787.03, an increase of 16.5% compared to CNY 213,748,399.99 in the same period last year[24] - Operating profit for Q3 2022 was CNY 38,370,119.64, up from CNY 16,792,067.13 in Q3 2021, representing a growth of 128.5%[25] - Net profit for Q3 2022 was CNY 34,530,547.37, compared to CNY 15,545,152.66 in Q3 2021, marking an increase of 122.1%[26] - Basic and diluted earnings per share for Q3 2022 were both CNY 0.34, compared to CNY 0.15 in Q3 2021, representing an increase of 126.7%[26] Assets and Liabilities - The total assets as of September 30, 2022, amounted to ¥765,469,544.94, marking a 10.92% increase from the end of the previous year[5] - The company's total assets as of Q3 2022 amounted to CNY 765,469,544.94, up from CNY 690,106,246.94 at the end of the previous year, reflecting a growth of 10.9%[24] - Total liabilities increased to CNY 116,484,006.96 in Q3 2022 from CNY 75,471,076.68 in Q3 2021, indicating a rise of 54.3%[23] - The total equity attributable to shareholders of the parent company was CNY 648,985,537.98, up from CNY 614,635,170.26 in the previous year, reflecting a growth of 5.6%[24] Cash Flow - The company reported a net cash flow from operating activities of ¥70,660,524.96 for the year-to-date period, which is an increase of 179.42% compared to the same period last year[5] - The net cash flow from operating activities for the current period is CNY 70,660,524.96, a significant increase from CNY 25,288,671.98 in the previous period, representing a growth of approximately 179%[28] - Total cash inflow from operating activities amounted to CNY 246,357,302.16, compared to CNY 175,759,490.95 in the previous period, indicating an increase of about 40%[28] - Cash outflow from operating activities totaled CNY 175,696,777.20, up from CNY 150,470,818.97, reflecting an increase of approximately 17%[28] - The net cash flow from investment activities was negative at CNY -34,875,896.64, worsening from CNY -13,359,549.07 in the previous period[28] - Cash and cash equivalents at the end of the period reached CNY 165,697,598.69, an increase from CNY 115,385,520.81 in the previous period, representing a growth of about 43%[29] - The company’s total cash flow increased by CNY 46,978,054.99 during the period, compared to an increase of CNY 1,445,652.26 in the previous period[29] Research and Development - Research and development expenses for the year-to-date period were ¥10,099,912.77, representing a 43.01% increase compared to ¥7,062,462.07 in the previous year[10] - Research and development expenses for Q3 2022 were CNY 10,099,912.77, up from CNY 7,062,462.07 in Q3 2021, indicating a growth of 42.9%[25] Shareholder Information - The total number of common shareholders at the end of the reporting period is 8,607[12] - Jiangsu Huazhi Industrial Co., Ltd. holds 50.81% of the shares, totaling 52,224,000 shares[12] - Xu Zhou Huacheng Asset Management Partnership holds 6.28% of the shares, totaling 6,451,200 shares[12] - The company has a total of 921,600 restricted shares held by Li Zhenbin, which are subject to a lock-up period[15] - The first vesting period of the 2021 restricted stock incentive plan has been achieved, with 375,000 shares eligible for vesting[17] Inventory and Receivables - Inventory levels increased by 53.52% to ¥57,172,321.65, attributed to stockpiling due to lower raw material prices[9] - Accounts receivable decreased to ¥125,216,745.44 from ¥140,356,717.23, a decline of about 10.8%[21] - Inventory increased to ¥57,172,321.65 from ¥37,242,107.10, reflecting a growth of approximately 53.6%[21] - The company experienced a 587.64% increase in receivables financing, amounting to ¥16,089,270.64, primarily due to a reduction in receivables endorsement transfers[9] Tax and Expenses - The company reported a significant increase in tax expenses, with a year-to-date amount of ¥3,879,572.27, up 221.58% due to higher total profits[11] - The company paid CNY 29,431,370.89 to employees, which is an increase from CNY 26,739,807.06 in the previous period, reflecting a growth of about 10%[28] Investment Activities - The company’s cash flow from investing activities showed a decrease of 66.67% in cash received from investment recoveries, totaling ¥3,000,000.00, compared to ¥9,000,000.00 in the previous year[11] - The company reported a total cash inflow from investment activities of CNY 3,027,204.40, down from CNY 10,492,333.82 in the previous period, indicating a decline of approximately 71%[28]