海昌新材(300885) - 2022 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2022 was ¥42,702,938.96, a decrease of 44.47% compared to the same period last year[8]. - The net profit attributable to shareholders for Q3 2022 was ¥9,710,919.55, down 55.51% year-on-year[8]. - The basic earnings per share for Q3 2022 was ¥0.0387, reflecting a decline of 55.52% compared to the previous year[8]. - Total operating revenue for the current period was ¥182,798,065.61, a decrease of 23.1% compared to ¥237,834,766.40 in the previous period[34]. - Net profit for the current period was ¥50,505,965.59, representing a decline of 28.7% from ¥70,873,432.95 in the previous period[36]. - Earnings per share (EPS) for the current period was ¥0.2014, down from ¥0.2826 in the previous period[36]. Assets and Liabilities - Total assets at the end of Q3 2022 amounted to ¥832,957,020.85, representing a 5.26% increase from the end of the previous year[8]. - As of September 30, 2022, the total assets of Yangzhou Haichang New Materials Co., Ltd. amounted to CNY 832,957,020.85, an increase from CNY 791,361,708.60 at the beginning of the year, representing a growth of approximately 5.3%[30]. - The company's fixed assets increased from CNY 94,520,628.56 to CNY 110,493,688.71, marking a growth of approximately 16.9%[31]. - Non-current assets totaled CNY 181,190,598.22, up from CNY 143,080,428.29, reflecting an increase of about 26.6%[31]. - Total liabilities decreased to ¥50,456,288.44 from ¥59,366,941.78 in the previous period[35]. Cash Flow - The company reported a net cash flow from operating activities of ¥84,772,741.30, which increased by 38.75% year-to-date[8]. - The net cash flow from operating activities for Q3 2022 was ¥84,772,741.30, an increase of 38.7% compared to ¥61,096,415.83 in Q3 2021[38]. - The total cash inflow from investment activities was ¥202,470,311.59, down from ¥410,864,717.13 in the same period last year, representing a decrease of 50.7%[38]. - The net cash flow from investment activities was -¥65,673,811.63, compared to a positive cash flow of ¥9,158,558.89 in Q3 2021[38]. - The cash flow from financing activities resulted in a net outflow of -¥75,216.04, compared to -¥58,309,194.64 in the previous year[38]. - The total cash and cash equivalents at the end of Q3 2022 amounted to ¥376,942,463.91, an increase from ¥305,787,822.72 at the end of Q3 2021[38]. Operational Changes - The decrease in operating revenue was primarily due to reduced customer orders amid the resurgence of COVID-19, resulting in a year-on-year decline of 23.14%[16]. - The company experienced a significant increase in construction in progress, which rose by 186.69% due to the construction of a new factory by its wholly-owned subsidiary[13]. - The company established a wholly-owned subsidiary, Yangzhou Haizhuo Precision Manufacturing Co., Ltd., in September 2022, focusing on manufacturing and sales of forgings and powder metallurgy products[28]. - The company was included in the national "specialized, refined, and innovative" small giant enterprises list on August 15, 2022, highlighting its growth potential and market position[27]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 13,012[24]. - As of August 2, 2022, major shareholders reduced their holdings by a total of 2,508,000 shares, accounting for 1% of the company's total share capital[27]. Expenses - Total operating costs decreased to ¥128,233,398.02, down 21.3% from ¥162,957,360.78 in the previous period[35]. - Research and development expenses increased to ¥10,062,970.54, up 12.8% from ¥8,924,545.94 in the previous period[35]. - Financial expenses showed a significant change, with a net income of -¥15,828,253.51 compared to -¥1,046,923.47 in the previous period[35]. - Deferred income tax liabilities increased to ¥611,619.14 from ¥261,074.45 in the previous period[35]. Cash Management - The cash outflow for operating activities totaled ¥162,684,183.24, a decrease from ¥193,289,181.72 in Q3 2021[38]. - The company paid ¥35,810,098.34 in employee-related cash outflows, up from ¥24,884,268.22 in the previous year, indicating a 43.8% increase[38]. - The cash paid for taxes was ¥5,869,237.14, down from ¥13,163,431.09 in Q3 2021, showing a decrease of 55.5%[38]. - The cash inflow from investment income was ¥3,429,238.04, compared to ¥4,733,217.13 in the same period last year, reflecting a decline of 27.6%[38]. - The impact of exchange rate changes on cash and cash equivalents was ¥6,314,129.79, compared to -¥2,455,010.78 in Q3 2021[38].