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Haineng Technology's net profit in the first three quarters was 22.09 million, a year-on-year increase of 43.65%;

 Last Update: 2023-01-04
 Source: Internet
 Author: User

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【Chemical Machinery and Equipment Network Star Enterprise】On October 28, Haineng Technology (430476) released the first three quarters of 2022 performance report, the company's performance in the first three quarters of the rapid growth, achieving revenue of 169 million yuan, a year-on-year increase of 22.
71%; The net profit attributable to the parent was 22.
0904 million yuan, a year-on-year increase of 43.
65%.

In the third quarter, the revenue was 64.
3691 million yuan, a year-on-year increase of 26.
59%; The net profit attributable to the parent was 10.
846 million yuan, a year-on-year increase of 63.
74%.

Significant changes in balance sheet data for the reporting period illustrate:

1.
The end of the period of monetary funds increased by 49.
36% compared with the beginning of the period, mainly due to the completion of the public offering of shares to unspecified qualified investors and the receipt of funds raised;

2.
The increase in the number of transactional financial assets at the end of the period is mainly due to the purchase of bank wealth management products at the end of the period;

3.
The end of the receivable notes decreased by 55.
89% compared with the beginning of the period, mainly due to the decrease in the customer's use of bills for settlement;

4.
The end of the prepayment increased by 103.
70% compared with the beginning of the period, mainly due to the increase in inventory reserves and the increase in the advance payment for purchased materials;

5.
The end of the inventory period increased by 41.
79% compared with the beginning of the period, mainly due to the increase in inventory reserves, raw materials and inventory commodities;

6.
The end of other current assets increased by 41.
51% compared with the beginning of the period, mainly due to the increase in input VAT to be deducted;

7.
The end of the period of deferred tax assets increased by 38.
94% compared with the beginning of the period, mainly due to the increase in deferred tax assets recognized by equity incentives;

8.
The end of other current assets increased by 204.
62% compared with the beginning of the period, mainly due to the increase in payment for equipment purchases;

9.
The end of short-term borrowings decreased by 58.
34% compared with the beginning of the period, mainly due to the return of bank loans in the current period;

10.
The end of the accounts payable increased by 54.
15% compared with the beginning of the period, mainly due to the increase in the amount payable for the purchase of materials;

11.
The end of the period of advance receipts decreased by 50.
05% compared with the beginning of the period, mainly due to the decrease in advance receipt of lease payments;

12.
The end of the contract liability increased by 408.
03% compared with the beginning of the period, mainly due to the increase in advance receipts for the sale of goods;

13.
The end of the period of remuneration payable to employees decreased by 70.
23% compared with the beginning of the period, mainly due to the payment of the annual bonus at the end of the previous year;

14.
The end of other current liabilities increased by 399.
52% compared with the beginning of the period, mainly due to the increase in contract liabilities and the corresponding increase in tax on items to be resale;

15.
The end of the period of long-term borrowings decreased by 44.
05% compared with the beginning of the period, mainly due to the repayment of long-term borrowings in the current period;

16.
The end of the capital reserve period increased by 75.
39% compared with the beginning of the period, mainly due to the increase in the share capital premium of the public offering of shares to unspecified qualified investors
.

Significant changes in the income statement data for the reporting period illustrate:

1.
From January to September 2022, management expenses increased by 69.
75% over the same period of the previous year, of which July to September increased by 57.
17% over the same period of the previous year, mainly due to the merger of Jinan Haineng Jifu Investment Partnership (Limited Partnership);

2.
From January to September 2022, R&D expenses increased by 48.
33% over the same period of the previous year, of which July to September increased by 53.
68% over the same period of the previous year, mainly due to the merger of Jinan Haineng Jifu Investment Partnership (Limited Partnership);

3.
From January to September 2022, other income increased by 112.
12% over the same period of the previous year, of which July to September increased by 150.
56% over the same period of the previous year, mainly due to the increase in government subsidies;

4.
From January to September 2022, the investment income decreased by 1,098.
24% compared with the same period of the previous year, of which the decrease from July to September decreased by 235.
90% compared with the same period of the previous year, mainly due to the loss of investment enterprises accounted for by the equity method, and the recognition of investment losses;

5.
From January to September 2022, the credit impairment loss increased by 148.
32% over the same period of the previous year, of which the increase from July to September increased by 420.
88% over the same period of the previous year, mainly due to the decrease in the provision for bad debts of the current receivable;

6.
From January to September 2022, the asset impairment loss decreased by 51.
08% compared with the same period of the previous year, of which the decrease of 166.
56% from July to September compared with the same period of the previous year, mainly due to the provision for inventory price decline;

7.
From January to September 2022, the income from asset disposal decreased by 100.
00% compared with the same period of the previous year, mainly due to the absence of asset disposal in the current period;

8.
From January to September 2022, the non-operating income increased by 704.
00% over the same period of the previous year, of which the increase from July to September increased by 782.
14% over the same period of the previous year, mainly due to the write-off of the amount that did not need to be paid;

9.
From January to September 2022, non-operating expenses decreased by 48.
02% compared with the same period of the previous year, of which July to September decreased by 92.
79% from the same period of the previous year, mainly due to the decrease in asset scrapping losses and late fees;

10.
From January to September 2022, income tax expense decreased by 51.
00% compared with the same period of the previous year, of which the increase from July to September increased by 84,137.
44% over the same period of the previous year, mainly due to the merger of Jinan Haineng Jifu Investment Partnership (Limited Partnership) and the recognition of deferred income tax expense;

11.
From January to September 2022, the net profit attributable to shareholders of listed companies increased by 43.
65% over the same period of the previous year, of which the increase in July to September increased by 63.
74% over the same period of the previous year, mainly due to the increase in the company's income and government subsidies
.

Significant changes in the cash flow statement data for the reporting period illustrate:

1.
From January to September 2022, the cash received from other operating activities increased by 84.
18% over the same period of the previous year, mainly due to the merger of Jinan Haineng Jifu Investment Partnership (Limited Partnership) and the increase in government subsidies;

2.
From January to September 2022, the payment of other cash related to operating activities increased by 33.
17% over the same period of the previous year, mainly due to the merger of Jinan Haineng Jifu Investment Partnership (Limited Partnership);

3.
From January to September 2022, the cash received from investment recovery decreased by 42.
11% compared with the same period of the previous year, mainly due to the decrease in the purchase of bank wealth management products;

4.
From January to September 2022, the cash received from investment income decreased by 61.
80% compared with the same period of the previous year, mainly due to the decrease in bank wealth management income;

5.
From January to September 2022, the net cash recovered from the disposal of fixed assets, intangible assets and other long-term assets decreased by 100.
00% compared with the same period of the previous year, mainly due to the lack of disposal of fixed assets in the current period;

6.
From January to September 2022, cash paid for investment decreased by 44.
58% compared with the same period of the previous year, mainly due to the decrease in the purchase of bank wealth management products;

7.
From January to September 2022, the cash received from investment absorption increased by 10,116.
99% compared with the same period of the previous year, mainly due to the receipt of funds raised from the public offering of shares to unspecified qualified investors;

8.
From January to September 2022, the cash received for obtaining borrowings decreased by 100% compared with the same period of the previous year, mainly due to the lack of new borrowings in the current period;

9.
From January to September 2022, the cash paid for debt repayment decreased by 51.
72% compared with the same period of the previous year, mainly due to the small scale of borrowings in the current period and the decrease in bank borrowings;

10.
From January to September 2022, the payment of other cash related to fundraising activities increased by 151.
77% compared with the same period of the previous year, mainly due to the increase in the payment of listing and issuance expenses
.

According to the data, Haineng Technology is mainly engaged in the research and development, production and sales of experimental analysis instruments, products are used in food, medicine, agriculture, forestry and aquatic products, environment, third-party testing, chemical industry, scientific research and education and other fields, the company has organic element analysis and sample pretreatment two mature series of products, market share in the forefront of domestic manufacturers
.

Original: Haineng Technology's net profit in the first three quarters was 22.
09 million, a year-on-year increase of 43.
65%

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