Financial Performance - The company's revenue for Q3 2022 was ¥238,599,582.98, a decrease of 1.04% compared to the same period last year[5]. - Net profit attributable to shareholders for Q3 2022 was ¥29,690,092.51, down 41.44% year-on-year[5]. - The basic earnings per share for Q3 2022 was ¥0.20, a decline of 50.00% compared to the previous year[5]. - Total operating revenue for Q3 2022 was ¥635,526,267.56, a decrease of 7.99% compared to ¥690,691,369.98 in the same period last year[19]. - Net profit for Q3 2022 was ¥79,326,197.03, representing a decline of 37.43% from ¥126,737,818.94 in Q3 2021[20]. - Earnings per share for Q3 2022 was ¥0.47, compared to ¥1.01 in the same quarter last year, reflecting a decrease of 53.47%[20]. - The net profit for the first nine months of 2022 decreased by 42.69% to RMB 345.36 million compared to RMB 602.65 million in the same period of 2021, primarily due to reduced revenue and corresponding decreases in turnover tax[9]. Assets and Liabilities - Total assets at the end of Q3 2022 reached ¥2,748,786,726.23, an increase of 100.09% from the end of the previous year[5]. - The total assets as of September 30, 2022, reached RMB 2,748,786,726.23, a significant increase from RMB 1,373,769,404.61 at the beginning of the year[16]. - Total liabilities increased to ¥762,549,754.09 in Q3 2022, up from ¥600,215,284.72 in the previous year, marking a growth of 27.01%[19]. - The company’s total liabilities increased, leading to a significant change in the financing activities cash flow, which was RMB 128,450.23 million, compared to RMB -1,343.60 million in the previous year[10]. - The total liabilities to equity ratio as of Q3 2022 was approximately 0.38, compared to 0.78 in the previous year, showing improved financial leverage[19]. Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥802,098,305.19, a significant decrease of 765.19%[5]. - The net cash flow from operating activities turned negative at RMB -80,209.83 million, a decline of 765.19% compared to RMB 12,058.24 million in the previous year, mainly due to reduced income and sales collections impacted by the pandemic[10]. - The total cash inflow from operating activities was CNY 2,118,875,118.86, compared to CNY 840,646,352.45 in the previous period, indicating a significant increase[21]. - The net cash flow from operating activities was -CNY 802,098,305.19, a decline from CNY 120,582,363.76 in the same period last year[21]. - Cash inflow from financing activities reached CNY 1,465,562,480.00, a substantial increase from CNY 30,000,000.00 in the previous period[22]. - The net cash flow from financing activities was CNY 1,284,502,280.02, compared to -CNY 13,435,976.69 in the same period last year[22]. Investments and Income - Interest income surged by 838.52% to RMB 1,130.16 million from RMB 120.42 million year-on-year, attributed to increased interest income from raised funds[9]. - The company reported a financial income of ¥11,301,567.39 in Q3 2022, compared to ¥1,204,196.41 in Q3 2021, indicating a substantial increase[19]. - The company reported a 646.91% increase in cash and cash equivalents, totaling ¥111,601.51 at the end of the reporting period[8]. - The company’s capital reserve increased by 511.28% to ¥138,100.42 due to stock issuance[8]. - The company’s other income decreased by 84.38% to RMB 54.54 million, primarily due to the absence of government subsidies received in 2021[9]. Inventory and Expenses - The company’s inventory rose to RMB 378,166,508.46, up from RMB 296,678,989.74, indicating a 27.48% increase in stock levels[16]. - Total operating costs for Q3 2022 were ¥529,409,249.41, down 4.61% from ¥555,066,075.74 year-on-year[19]. - Research and development expenses for Q3 2022 were ¥29,507,173.17, slightly up from ¥29,487,013.35 in the same period last year[19]. - The company reported a 390.63% increase in asset impairment losses, amounting to RMB -659.90 million, primarily due to increased inventory write-downs influenced by the pandemic[9]. - Financial expenses decreased by 225.21% to RMB -764.69 million, reflecting increased interest income from raised funds[9]. Future Outlook - The company plans to continue expanding its market presence and investing in new projects[5]. - The company had a total of 31,403 ordinary shareholders at the end of the reporting period[12].
冠龙节能(301151) - 2022 Q3 - 季度财报