水羊股份(300740) - 2022 Q3 - 季度财报

Financial Performance - Q3 2022 revenue was CNY 1,141,097,264.81, a decrease of 4.38% year-over-year[6] - Net profit attributable to shareholders was CNY 36,156,785.83, down 37.37% compared to the same period last year[6] - Basic earnings per share decreased by 37.53% to CNY 0.0939[6] - The company's operating revenue for the first nine months of 2022 was CNY 3,342,515,713.77, representing a 0.91% increase compared to CNY 3,312,482,183.74 in the same period of 2021[15] - The net profit for the current period is approximately ¥118.35 million, a decrease of 18.7% compared to ¥145.66 million in the previous period[45] - Total operating profit decreased to ¥136.06 million, down 22.8% from ¥176.19 million in the previous period[45] - The total comprehensive income for the current period is approximately ¥132.68 million, compared to ¥144.83 million in the previous period, reflecting a decline of 8.4%[48] - Basic earnings per share for the current period is ¥0.3089, down from ¥0.3819 in the previous period[48] Assets and Liabilities - Total assets increased by 34.72% to CNY 3,698,616,183.98 compared to the end of the previous year[6] - Current assets totaled ¥1,938,820,466.86, compared to ¥1,679,972,371.60 in the previous period, reflecting a growth of approximately 15.38%[40] - Non-current assets increased to ¥1,759,795,717.12 from ¥1,065,431,963.90, marking a significant rise of about 65.24%[40] - Total liabilities amounted to ¥1,965,532,323.13, compared to ¥1,151,630,096.99, representing an increase of about 71.00%[41] - The company's equity attributable to shareholders was ¥1,735,950,040.12, an increase from ¥1,599,352,613.84, reflecting a growth of approximately 8.52%[41] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 158,218,178.89, a decline of 236.41% year-over-year[6] - The company's net cash flow from operating activities decreased by 236.41% to -CNY 158,218,178.89, mainly due to the impact of the pandemic and increased inventory reserves[16] - The net cash flow from financing activities increased by 154.39% to CNY 550,362,513.39, primarily due to an increase in cash received from borrowings[16] - The net cash flow from operating activities was -158,218,178.89, compared to 115,983,478.26 in the previous period, indicating a significant decline[52] - The net cash flow from investing activities was -548,679,763.08, compared to -460,386,545.18 in the previous period, reflecting increased investment outflows[52] - The total cash and cash equivalents at the end of the period amounted to 240,398,496.92, compared to 200,458,621.88 at the end of the previous period[52] Investments and Expenses - Research and development expenses increased by 49.66% to CNY 72,071,561.73, primarily due to increased investment in R&D[15] - The company reported a significant increase in financial expenses, with interest expenses rising to ¥22.35 million from ¥10.10 million, marking a 120.5% increase[45] - The company experienced a 393.73% increase in credit impairment losses, amounting to -CNY 10,705,261.11, due to increased provisions for bad debts[15] - The company reported a 43.35% decrease in income tax expenses to CNY 18,021,098.94, attributed to the increase in deferred tax assets from losses in certain subsidiaries[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 26,506[17] - The top shareholder, Hunan Yujia Investment Management Co., Ltd., holds 24.74% of the shares, totaling 95,904,214 shares[20] - The company reported a total of 572,418 stock options exercised under the 2019 incentive plan, resulting in an increase of 572,418 shares in total capital[32] - The company has no new restricted shares added during the current period, maintaining the total at 33,391,084[27] Strategic Developments - The company is focusing on market expansion and new product development strategies to enhance future growth prospects[42] - The company is in the process of issuing convertible bonds to unspecified investors, with the application already accepted by the Shenzhen Stock Exchange[28] - The company plans to repurchase and cancel part of the restricted stock and stock options under the 2019 incentive plan, pending shareholder approval[33] - The company has not yet completed the procedures for the first vesting period of the 2021 restricted stock incentive plan[34] - The company is awaiting further developments regarding the issuance of convertible bonds and the completion of stock option procedures[28] Other Financial Metrics - Total operating costs amounted to ¥3,199,771,204.58, up from ¥3,149,039,350.12, indicating an increase of about 1.99%[42] - The company paid 409,899,921.61 in cash to employees, an increase from 269,727,597.63 in the previous period[52] - The cash outflow from operating activities totaled 3,389,292,774.20, slightly higher than 3,348,071,351.74 in the previous period[52] - The cash inflow from investment activities was 2,514,505.36, down from 209,840,506.66 in the previous period, indicating reduced investment returns[52] - The company received 1,140,402,518.92 in cash from borrowings, compared to 617,213,768.64 in the previous period, highlighting increased borrowing activity[52] - The company reported a cash outflow of 576,238,722.43 for debt repayment, compared to 379,990,000.00 in the previous period, indicating higher debt servicing costs[52] - The impact of exchange rate changes on cash and cash equivalents was 12,770,323.28, contrasting with -828,847.66 in the previous period, reflecting favorable currency movements[52]