铂科新材(300811) - 2022 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2022 reached ¥271,588,620.76, representing a 33.22% increase year-over-year[6] - Net profit attributable to shareholders was ¥52,686,297.98, up 64.89% compared to the same period last year[6] - The basic earnings per share (EPS) was ¥0.5058, reflecting a 63.16% increase year-over-year[6] - Operating revenue for the first nine months of 2022 reached CNY 743,609,746.72, a 42.38% increase compared to CNY 522,253,320.96 in the same period of 2021[14] - Net profit for the same period was CNY 131,461,764.14, reflecting a 55.84% increase from CNY 84,355,952.84 in 2021[14] - Total operating revenue for the third quarter reached ¥743,609,746.72, a significant increase of 42.3% compared to ¥522,253,320.96 in the same period last year[41] - Net profit for the quarter was ¥131,461,764.14, representing a 55.8% increase from ¥84,355,952.84 in the previous year[43] - Basic and diluted earnings per share were both ¥1.2652, compared to ¥0.8136 in the same quarter last year, reflecting a growth of 55.6%[43] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥1,906,483,650.89, a 56.94% increase from the end of the previous year[6] - The company's equity attributable to shareholders increased to ¥1,233,425,159.25, up 24.49% from the previous year[6] - The total liabilities increased to ¥673,058,491.64, compared to ¥224,043,536.58 in the previous year, showing a significant rise in financial obligations[41] - The total number of common shareholders at the end of the reporting period was 6,905, with the largest shareholder holding 27.72% of the shares[18] - As of September 30, 2022, the total current assets amounted to approximately CNY 1,154.28 million, an increase from CNY 706.65 million at the beginning of the year, representing a growth of 63.2%[34] - The total non-current assets were reported at CNY 752.20 million, contributing to a total asset value of CNY 1,906.48 million[34] Cash Flow - Cash flow from operating activities showed a net outflow of ¥62,217,921.36, a decrease of 38.72% year-over-year[6] - Cash inflow from operating activities totaled $360,664,270.67, an increase of 41.7% compared to $254,518,478.38 in the previous period[47] - Cash outflow from operating activities was $422,882,192.03, up from $299,369,809.69, resulting in a net cash flow from operating activities of -$62,217,921.36, worsening from -$44,851,331.31[47] - Cash inflow from investment activities amounted to $335,240,049.43, a decrease of 25.2% from $447,825,341.01 in the prior period[47] - Cash outflow from investment activities increased significantly to $799,090,688.88 from $485,448,430.26, leading to a net cash flow from investment activities of -$463,850,639.45, compared to -$37,623,089.25 previously[47] - Cash inflow from financing activities reached $634,478,895.31, a substantial increase from $29,767,057.85 in the last period[50] - Net cash flow from financing activities was $514,527,949.94, a significant improvement from -$27,695,271.84 in the previous period[50] - The ending cash and cash equivalents balance was $110,461,450.76, slightly up from $101,691,589.56 in the prior period[50] Investments and Expenses - The company reported a significant increase in trading financial assets, which rose by 591.18% to ¥276,570,000.00 due to investments in bank wealth management products[11] - Research and development expenses increased by 45.84% to CNY 39,029,697.31, up from CNY 26,762,346.96 in the previous year[14] - The company reported a financial expense of ¥17,793,737.31, which is a substantial increase from ¥4,516,576.02 in the previous year, highlighting increased borrowing costs[41] - The company received government subsidies related to R&D projects, contributing to a 32.33% increase in deferred income[11] - The company reported a significant increase in financial expenses, which surged by 293.97% to CNY 17,793,737.31 due to interest on convertible bonds[14] - Cash paid for purchasing goods and services rose by 58.19% to CNY 220,780,936.61, compared to CNY 139,563,495.95 in the same period last year[14] Strategic Developments - The company is expanding its production capacity with ongoing construction at the Heyuan production base, leading to a 289.54% increase in construction in progress[11] - The company announced a five-year development plan focusing on technology development and product innovation, aiming to become an expert in metal soft magnetic materials[29] - The company appointed a new general manager, Mr. Guo Xiongzhi, effective from August 25, 2022[30] Shareholder Information - The company completed the vesting of 564,246 shares of restricted stock at a grant price of CNY 20.42 per share, increasing the total share capital from 103,680,000 to 104,244,246 shares[23] - The convertible bond's conversion price was adjusted from CNY 76.50 to CNY 76.20 per share[26] - In Q3 2022, 3,277 convertible bonds were converted, resulting in the issuance of 4,302 shares, with a remaining bond value of CNY 429.67 million[28]