Financial Performance - The company's revenue for Q3 2022 reached ¥157,557,342.50, representing a 91.05% increase year-over-year[5] - Net profit attributable to shareholders was ¥35,760,840.39, a significant increase of 543.34% compared to the same period last year[5] - The basic earnings per share for the period was ¥0.2330, reflecting a 543.81% increase year-over-year[5] - The company reported a 44.82% increase in revenue for the year-to-date period, totaling ¥359,076,019.44[5] - The company's operating revenue for the first nine months of 2022 reached ¥359,076,019.44, representing a 44.82% increase compared to ¥247,947,794.28 in the same period of 2021, primarily due to higher sales prices and volumes of edible mushrooms[11] - Total operating revenue for the third quarter reached ¥359,076,019.44, an increase of 44.8% compared to ¥247,947,794.28 in the previous year[20] - Net profit for the period was ¥36,842,040.73, a significant recovery from a net loss of ¥20,837,651.13 in the same period last year[21] - The total comprehensive income for the period was CNY 36,842,040.73, compared to a loss of CNY 20,837,651.13 in the previous period[22] - Basic and diluted earnings per share were CNY 0.2445, an increase from a loss of CNY 0.1358 in the previous period[22] Assets and Liabilities - Total assets as of September 30, 2022, amounted to ¥927,158,490.28, marking a 7.31% increase from the end of the previous year[5] - The company's total assets increased to ¥927,158,490.28, compared to ¥864,005,076.96 at the beginning of the year, marking a growth of 7.3%[18] - Current assets decreased to ¥205,218,743.97 from ¥302,388,611.64, a decline of 32.2%[17] - The company’s total liabilities increased by 42.63% to ¥92,390,919.45 due to increased short-term borrowings for operational needs[10] - The total liabilities increased to ¥266,710,561.39 from ¥210,469,188.80, an increase of 26.7%[18] - Short-term borrowings increased to ¥92,390,919.45 from ¥64,775,501.24, representing a rise of 42.5%[17] Cash Flow - The cash flow from operating activities for the year-to-date period was ¥74,510,048.15, an increase of 64.72%[5] - The net cash flow from operating activities increased by 64.72% to ¥74,510,048.15, up from ¥45,233,363.79 in the previous year, mainly driven by increased cash inflows from product sales[11] - Cash inflow from operating activities totaled CNY 385,436,434.92, compared to CNY 289,532,927.81 in the previous period, indicating a year-over-year increase of about 33.2%[24] - Cash outflow from operating activities was CNY 310,926,386.77, compared to CNY 244,299,564.02 in the previous period, reflecting an increase of approximately 27.2%[25] - The net cash flow from investing activities was -CNY 193,491,075.19, worsening from -CNY 32,589,767.35 in the previous period[25] - Cash inflow from financing activities was CNY 110,450,000.00, down from CNY 304,060,500.00 in the previous period, a decrease of about 63.7%[25] - The net cash flow from financing activities was -CNY 13,805,773.56, compared to a positive flow of CNY 150,604,885.64 in the previous period[25] - The ending cash and cash equivalents balance was CNY 83,424,001.40, down from CNY 196,787,981.33 in the previous period[25] Expenses - The company reported a significant decrease in financial expenses by 44.36%, from ¥2,448,122.13 to ¥1,362,145.92, due to repayment of long-term loans and increased interest income from idle funds[11] - The company reported a decrease in financial expenses to ¥1,362,145.92 from ¥2,448,122.13, a reduction of 44.4%[21] - Research and development expenses decreased by 32.86% to ¥1,242,000.00, down from ¥1,850,000.00, mainly due to reduced outsourced R&D investments[11] - Research and development expenses were recorded at ¥1,242,000.00, down from ¥1,850,000.00, reflecting a decrease of 32.9%[20] - The company reported a significant increase in sales expenses by 166.28% to ¥4,424,315.70, compared to ¥1,661,503.39, mainly due to the establishment of new direct sales stores[11] Inventory and Production - Inventory levels rose by 32.66% to ¥73,456,013.62, attributed to the establishment of a new subsidiary[10] - Inventory levels rose to ¥73,456,013.62, up from ¥55,373,402.35, indicating a 32.7% increase[17] - The company is actively expanding its production capacity with ongoing projects, including a new facility for the production of edible fungi[10] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 14,009, with no preferred shareholders[13] - The top ten shareholders held a combined 56.67% of the company's shares, with the largest shareholder, Fujian Huanxi Grass Agricultural Development Co., Ltd., owning 26.68%[13] Other Information - The company received government subsidies amounting to ¥2,739,551.17 during the reporting period, contributing to its non-operating income[6] - Deferred income rose by 35.79% to ¥40,421,595.29, compared to ¥29,766,708.13 in the previous year, attributed to increased government subsidies related to assets[11] - The company experienced a 493.72% increase in net cash flow from investing activities, resulting in a net outflow of ¥193,491,075.19, compared to a net outflow of ¥32,589,767.35 in the previous year, primarily due to increased payments for project investments and financial products[11] - The report was not audited, indicating that the figures may be subject to further verification[26]
万辰集团(300972) - 2022 Q3 - 季度财报