润禾材料(300727) - 2022 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2022 was ¥292,265,825.40, a decrease of 1.92% compared to the same period last year, while year-to-date revenue reached ¥927,234,928.62, an increase of 15.63%[5] - Net profit attributable to shareholders for Q3 2022 was ¥23,397,276.82, down 26.77% year-on-year, with a year-to-date net profit of ¥71,358,855.31, showing a slight increase of 0.15%[5] - The basic earnings per share for Q3 2022 was ¥0.18, reflecting a decrease of 28.00% compared to the same period last year, while year-to-date earnings per share remained unchanged at ¥0.56[5] - The total operating revenue for the current period reached ¥927,234,928.62, an increase of 15.6% compared to ¥801,922,151.80 in the previous period[28] - The net profit for the current period was ¥71,358,855.31, slightly up from ¥71,250,541.68 in the previous period, indicating a growth of 0.15%[29] - The basic and diluted earnings per share remained stable at ¥0.56 for both periods[30] Assets and Liabilities - The company's total assets increased by 26.95% year-on-year, reaching ¥1,510,910,645.88 at the end of the reporting period[5] - The company's total liabilities increased to ¥709,143,614.13 from ¥512,624,747.81, reflecting a growth of 38.3%[29] - The total equity attributable to shareholders of the parent company rose to ¥801,767,031.75, compared to ¥677,581,274.29 in the previous period, marking an increase of 18.3%[29] - Current assets reached CNY 984,749,597.72, up from CNY 676,303,792.01 at the start of the year, indicating a growth of approximately 45.5%[26] - The company’s non-current assets totaled CNY 526,161,048.16, slightly up from CNY 513,902,230.09 at the beginning of the year[26] Cash Flow - Cash flow from operating activities for the year-to-date period decreased by 83.26%, amounting to ¥12,951,315.75, primarily due to increased payment of notes payable[11] - The net cash flow from operating activities for Q3 2022 was ¥12,951,315.75, a decrease of 83.3% compared to ¥77,349,568.23 in Q3 2021[33] - Total cash inflow from operating activities was ¥685,294,658.65, while cash outflow was ¥672,343,342.90, resulting in a net increase of ¥12,951,315.75[33] - The cash and cash equivalents at the end of Q3 2022 amounted to ¥219,959,981.76, an increase from ¥56,823,750.48 at the end of Q3 2021[33] - The company raised ¥232,690,905.74 from investments and ¥45,000,000.00 from borrowings, leading to a total cash inflow from financing activities of ¥277,690,905.74[33] Shareholder Information - The total number of common shareholders at the end of the reporting period is 15,831[13] - Zhejiang Runhe Holdings Co., Ltd. holds 41.45% of the shares, amounting to 52,591,630 shares[13] - The top 10 shareholders collectively hold a significant portion of the company's shares, with the largest shareholder holding over 52 million shares[13] - The company has a significant number of shares held by individual shareholders, with the largest individual shareholder holding 11.49%[13] - The company has established relationships among its major shareholders, indicating potential coordinated actions[13] Research and Development - Research and development expenses increased by 41.94% year-on-year, indicating the company's commitment to enhancing technological innovation[10] - Research and development expenses for the current period were ¥36,369,231.50, up 42.0% from ¥25,622,247.30 in the previous period[29] Convertible Bonds - The company issued convertible bonds during the reporting period, resulting in a 113.29% increase in cash and cash equivalents compared to the previous year[9] - The company is in the process of issuing convertible bonds to unspecified investors, with approval from the Shenzhen Stock Exchange received on January 18, 2022[17] - The company received regulatory approval from the China Securities Regulatory Commission for the issuance of convertible bonds on June 22, 2022[18] - The company plans to clarify the specific scheme for issuing convertible bonds in a board meeting held on July 18, 2022[19] - The company issued convertible bonds on July 21, 2022, raising a total of CNY 29,235 million with an initial conversion price of CNY 29.27 per share[20] Other Financial Metrics - The company reported a financial expense of -¥5,142,017.72, a significant improvement compared to ¥1,062,273.47 in the previous period[29] - The company received tax refunds amounting to ¥25,437,833.24, compared to ¥14,612,122.36 in the previous period, indicating a growth of 74.5%[32] - The company did not conduct an audit for the Q3 2022 report[34] - The impact of exchange rate changes on cash and cash equivalents was ¥63,262,838.84, compared to a negative impact of -¥271,382.82 in Q3 2021[33]