Sinomag Tech.(SZ:300835)2022-10-26 16:00Financial Performance - The company's revenue for Q3 2022 was CNY 228,780,252.85, representing an increase of 11.41% compared to the same period last year[5]. - Net profit attributable to shareholders decreased by 26.63% to CNY 30,491,711.62 in Q3 2022, while the year-to-date net profit was CNY 87,260,577.88, down 15.87% year-on-year[5]. - The basic earnings per share for Q3 2022 was CNY 0.2538, a decline of 56.98% compared to the same period last year[5]. - The net profit for Q3 2022 was ¥87,260,577.88, a decrease of 15.9% compared to ¥103,719,101.06 in Q3 2021[20]. - Basic and diluted earnings per share were both ¥1.07, down from ¥1.47 in Q3 2021, reflecting a decline of 27.2%[21]. - The total operating profit was ¥93,399,310.64, down from ¥112,432,283.70 in the previous year, reflecting a decline of 16.9%[20]. - The company reported a total comprehensive income of ¥95,391,694.05, down from ¥103,333,679.74 in Q3 2021, indicating a decrease of 7.5%[21]. Assets and Liabilities - Total assets increased by 30.11% to CNY 1,607,710,767.00 compared to the end of the previous year[5]. - The company's total assets as of September 30, 2022, were ¥1,607,710,767.00, up from ¥1,235,669,236.24 at the beginning of the year, indicating strong growth in asset base[16]. - Current assets totaled ¥804,577,599.75, a 29.2% increase from ¥622,379,429.12 at the start of the year[16]. - The company's total liabilities reached ¥614,921,759.21, up from ¥282,887,515.83, reflecting a significant increase in financial obligations[17]. - Short-term borrowings surged to ¥237,611,853.26, compared to ¥101,849,839.85 at the beginning of the year, indicating increased leverage[16]. Cash Flow and Financing - Cash flow from operating activities for the year-to-date period was CNY 58,471,077.50, reflecting a 48.29% increase[5]. - The cash flow from operating activities netted ¥58,471,077.50, an increase of 48.3% compared to ¥39,430,584.35 in the previous year[21]. - The company received cash from financing activities totaling ¥315,186,280.82, significantly higher than ¥92,275,764.24 in Q3 2021[22]. - Investment activities resulted in a net cash outflow of ¥174,303,124.68, compared to a net outflow of ¥69,335,107.01 in the same period last year[22]. - Cash and cash equivalents at the end of the period were ¥106,536,542.26, a decrease from ¥130,140,611.71 at the beginning of the period[22]. Research and Development - Research and development expenses rose by 53.35% to CNY 41,730,465.67, indicating a continued increase in investment in R&D[9]. - Research and development expenses increased significantly to ¥41,730,465.67, compared to ¥27,213,273.38 in the previous year, reflecting a focus on innovation[19]. Shareholder Information - The company repurchased a total of 1,528,540 shares, accounting for 1.2723% of the total share capital, with a total transaction amount of CNY 41,274,679.00[13]. - The number of ordinary shareholders at the end of the reporting period was 14,818[11]. - The equity attributable to shareholders rose to ¥992,789,007.79 from ¥952,781,720.41, showing a positive trend in shareholder value[17]. Future Outlook - Future outlook includes continued investment in R&D and potential market expansion strategies to enhance competitive positioning[19].