SK(688155)2022-10-30 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥704,687,302.93, representing a year-on-year increase of 254.12%[5]. - The net profit attributable to shareholders was ¥8,797,259.37, while the net profit attributable to shareholders after deducting non-recurring gains and losses was ¥3,612,269.65, both figures showing significant changes due to the consolidation of Fujian Dongheng New Energy Group Co., Ltd.[5][10]. - The company experienced a net profit decline of -140.18% year-on-year for the year-to-date period, primarily due to pandemic-related operational disruptions and increased expenses[10]. - The net profit for the third quarter of 2022 was a loss of ¥1,369,118.85, compared to a profit of ¥71,861,431.82 in the same quarter of 2021, reflecting a significant decline in profitability[26]. - The company incurred a net loss attributable to the parent company of -29,859,435.05 RMB in Q3 2022, compared to a profit of 68,358,367.57 RMB in Q3 2021, reflecting a substantial decrease in profitability[27]. Assets and Liabilities - The total assets at the end of the reporting period reached ¥4,073,457,190.52, an increase of 94.06% compared to the end of the previous year[6]. - The total assets as of the end of the third quarter of 2022 were ¥4,073,457,190.52, compared to ¥2,099,051,289.90 at the end of the same period in 2021, showing an increase of approximately 94.5%[21]. - Total liabilities for the third quarter of 2022 were ¥2,657,291,252.50, significantly higher than ¥892,085,082.32 in the previous year, marking an increase of about 197%[21]. - The company's equity attributable to shareholders was ¥1,193,306,631.01, showing a slight increase of 0.29% from the previous year[6]. - The company's equity attributable to shareholders reached ¥1,193,306,631.01, a slight increase from ¥1,189,815,786.67 in the same period of 2021[22]. Cash Flow and Financing - The cash flow from operating activities for the year-to-date period was negative at -¥585,244,342.45, indicating increased cash outflows related to business expansion[6][10]. - The company reported a net cash flow from operating activities of -585,244,342.45 RMB for the first three quarters of 2022, compared to -125,399,399.09 RMB in the same period of 2021, indicating a significant decline in cash flow[29]. - The company raised 880,794,808.71 RMB through borrowings in the first three quarters of 2022, a significant increase from 16,996,980.00 RMB in the same period of 2021, indicating a reliance on debt financing[30]. - The company reported a total cash inflow from financing activities of 905,125,562.71 RMB in the first three quarters of 2022, a substantial increase from 21,896,980.00 RMB in the same period of 2021, indicating strong capital raising efforts[30]. Research and Development - Research and development expenses for the quarter amounted to ¥46,938,720.90, up 108.60% year-on-year, accounting for 6.66% of operating revenue[6][10]. - The R&D investment as a percentage of operating revenue increased by 3.37 percentage points year-on-year, reflecting the company's commitment to innovation despite financial challenges[6][10]. - Research and development expenses for the first three quarters of 2022 totaled ¥128,689,471.07, which is more than double the ¥59,130,926.47 spent in the same period of 2021, indicating a strong focus on innovation[25]. - The company plans to continue expanding its operational scale and investing in R&D to enhance its market position and product offerings[10]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 4,835[13]. - Wang Yinglin holds 19,374,117 shares, representing 25.38% of the total shares[13]. - Pan Yanqing and Xi Yiqing each hold 9,687,059 shares, accounting for 12.69% of the total shares[13]. - The total number of shares held by the top ten shareholders includes significant stakes from Shenzhen Junshengfeng Stone Investment Fund and Shanghai Jingliu Investment Consulting, with holdings of 5,471,595 shares (7.17%) and 2,000,000 shares (2.62%) respectively[13]. Financial Position - As of September 30, 2022, the company's cash and cash equivalents amount to 335,075,709.96 RMB, down from 407,471,607.40 RMB at the end of 2021[19]. - The cash and cash equivalents reported were not specified, but the company has shown a strong liquidity position with total current assets of ¥2,793,510,573.65[21]. - Cash and cash equivalents at the end of Q3 2022 totaled 333,618,093.94 RMB, down from 167,255,571.90 RMB at the end of Q3 2021, showing a decrease in liquidity[30].