Entive(SZ:300911)2022-10-25 16:00Financial Performance - The company's revenue for Q3 2022 was ¥352,248,178.83, representing a 14.49% increase year-over-year, while the revenue for the year-to-date period reached ¥962,315,444.06, up 19.02% compared to the same period last year[5] - Net profit attributable to shareholders for Q3 2022 was ¥49,805,710.54, a decrease of 22.07% year-over-year, while the year-to-date net profit was ¥160,948,613.18, reflecting a 3.50% increase[5] - Total operating revenue for Q3 2022 reached ¥962,315,444.06, an increase of 19.05% compared to ¥808,515,347.97 in the same period last year[19] - Net profit for Q3 2022 was ¥160,948,613.18, representing a 3.06% increase from ¥155,511,410.50 in Q3 2021[20] - Basic earnings per share for Q3 2022 were ¥1.5089, compared to ¥1.4579 in the previous year[20] Assets and Liabilities - Total assets as of September 30, 2022, were ¥1,934,828,453.76, an increase of 6.94% compared to the end of the previous year[5] - Total liabilities as of the end of Q3 2022 were ¥642,891,958.08, an increase from ¥619,217,937.77 at the end of Q3 2021[19] - Total equity reached ¥1,291,936,495.68, up from ¥1,190,005,991.51 year-on-year[19] - The total liabilities to equity ratio stands at approximately 49.8%, indicating a balanced financial structure[19] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥99,447,368.30, a decrease of 44.97% compared to the previous year, primarily due to increased advertising and marketing expenses[10] - The cash inflow from operating activities for the period was CNY 1,087,012,016.72, an increase of 18.2% compared to CNY 919,520,369.35 in the previous period[22] - The net cash flow from operating activities was CNY 99,447,368.30, down 44.9% from CNY 180,721,733.69 in the same period last year[22] - The cash outflow from financing activities was CNY 67,168,484.25, compared to CNY 53,333,350.00 in the previous period, representing a 25.9% increase[23] - The ending balance of cash and cash equivalents was CNY 727,588,324.58, down from CNY 773,225,446.65 in the previous period[23] Accounts Receivable and Inventory - The company reported a significant increase in accounts receivable, which rose by 112.08% to ¥146,475,380.32, attributed to a sales policy allowing certain credit to select distributors[9] - Accounts receivable increased significantly to CNY 146,475,380.32 from CNY 69,064,847.15, representing a growth of about 112.5%[16] - Inventory decreased slightly to CNY 97,785,915.33 from CNY 105,751,620.01, a reduction of approximately 7.5%[16] Research and Development - Research and development expenses for the year-to-date period increased by 49.55% to ¥48,309,863.28, indicating a focus on innovation and product development[10] - Research and development expenses for Q3 2022 were ¥48,309,863.28, a rise of 49.54% compared to ¥32,304,145.79 in the same quarter last year[19] Shareholder Information - The company reported a total of 9,199 common shareholders at the end of the reporting period[12] - Zhejiang Yitian Investment Management Co., Ltd. holds the largest share with a 43.70% stake, totaling 47,200,000 shares[12] - The top ten shareholders collectively hold significant stakes, with the largest non-restricted shareholder being China Construction Bank with 1,924,700 shares[13] Future Outlook - The company has ongoing investments in new product development and market expansion strategies, although specific figures were not disclosed in the report[15] - Future outlook remains optimistic with plans for further market penetration and potential acquisitions to enhance growth[15]