Financial Performance - The company's revenue for Q3 2022 was ¥428,071,729.16, representing a 19.42% increase compared to ¥358,466,758.60 in the same period last year[8] - Net profit attributable to shareholders for Q3 2022 was ¥63,385,625.65, an increase of 18.76% from ¥53,373,237.52 in the previous year[8] - The net profit excluding non-recurring gains and losses for Q3 2022 was ¥60,424,452.32, up 14.04% from ¥52,983,969.55 year-on-year[8] - Basic earnings per share for Q3 2022 were ¥0.0400, down 20.00% from ¥0.0500 in the previous year[8] - Total revenue for the current period reached ¥1,118,323,654.74, an increase of 7.7% compared to ¥1,037,658,114.48 in the previous period[46] - The net profit for the third quarter was CNY 200,609,668.14, an increase of 18.8% compared to CNY 168,877,137.15 in the same period last year[48] - Operating profit reached CNY 240,466,529.61, up from CNY 208,510,745.80, reflecting a growth of 15.3% year-over-year[48] - The company reported a total profit of CNY 238,628,200.99, up from CNY 207,559,927.09, marking an increase of 15.0%[48] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period reached ¥276,983,065.36, a significant increase of 64.80% compared to ¥168,068,612.37 in the same period last year[8] - Cash flow from operating activities generated CNY 276,983,065.36, compared to CNY 168,068,612.37 in the previous year, indicating a significant increase of 64.9%[52] - The cash and cash equivalents at the end of the period amounted to CNY 776,592,841.86, compared to CNY 459,005,615.42 at the end of the previous year, showing a growth of 69.2%[55] - The company experienced a net cash increase of CNY 231,445,553.42 during the quarter, compared to a decrease of CNY 68,628,317.03 in the previous year[55] - The total cash outflow from financing activities was CNY 332,516,393.20, down from CNY 605,174,457.27, indicating a reduction of 45.0%[55] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,556,610,848.69, reflecting a 35.45% increase from ¥6,173,103,648.51 at the end of the previous year[8] - The total assets of the company reached ¥6,173,103,648.51, a substantial increase from ¥4,557,352,200.04, representing a growth of 35.4%[45] - The equity attributable to shareholders increased by 92.64% to ¥1,646,672,541.79 from ¥3,173,583,440.21 year-on-year[8] - The company's equity attributable to shareholders rose to ¥3,173,583,440.21 from ¥1,647,396,767.92, reflecting a growth of 92.7%[45] - Non-current liabilities totaled ¥1,870,809,373.79, compared to ¥1,742,074,405.85 in the previous period, indicating an increase of 7.4%[45] - The company’s total liabilities decreased by 51.04% in cash used for debt repayment, amounting to ¥208,613,699.18[18] Investments and Expenses - Research and development expenses surged by 216.65% to ¥19,827,227.30, reflecting increased investment in R&D projects[17] - Research and development expenses increased significantly to ¥19,827,227.30, compared to ¥6,261,605.78 in the previous period, marking a rise of 216.5%[46] - The company raised CNY 1,360,296,558.17 from investments during the quarter, a significant increase from CNY 11,360,000.00 in the same period last year[52] - The company received cash from investments totaling ¥50,000,000.00, attributed to the recovery of principal from bank financial products[18] Market and Strategic Initiatives - The company reported a significant increase in government subsidies recognized during the period, amounting to ¥1,487,833.25 for Q3 2022[11] - The company’s strategic initiatives include a focus on combined heat and power generation to enhance energy efficiency and reduce environmental impact, aligning with its "dual carbon" strategy[38] - The company’s market expansion efforts are supported by strategic partnerships and contracts, enhancing its operational footprint in both domestic and international markets[38] - The company signed a heat supply agreement with Ningbo Petrochemical Development Zone Heat Supply Co., agreeing to supply no less than 200,000 tons of steam annually, expanding its heating market[38] - The company won a contract for auxiliary equipment supply in Thailand worth $502,214, expected to be delivered by May 2023, further expanding its overseas market presence[38] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 74,955, with the largest shareholder holding 57.75%[19] - The company has a total of 1,152,092,110 restricted shares, with various shareholders set to have their shares released on July 10, 2023[30] - The company’s total number of shareholders holding unrestricted shares includes significant stakeholders such as Guo Qiang with 2,569,400 shares and Haitong Securities with 1,870,000 shares[26]
中科环保(301175) - 2022 Q3 - 季度财报