新和成：2022年第三季度报告（英文版）.PDF
Securities Code:002001 Securities Abbr:NHU 1 Zhejiang NHU Company Ltd.Q3 2022 Report The Company and whole members of the BOD guarantee that the information disclosed is authentic,accurate,complete and free from any false records,misleading statements or significant omissions.Important Content Reminder:1.The Board of Directors,Board of Supervisors,directors,supervisors and senior executives of Zhejiang NHU Company Ltd.(hereinafter referred to as the“Company”)hereby guarantee that the information presented in this report is authentic,accurate,complete and free of any false records,misleading statements or material omissions,and they will bear joint and several liabilities for such information.2.The Companys legal representative,the person in charge of finance and accounting work,and the person in charge of accounting institution(Accounting Officer)hereby declare and warrant that the financial statements in this report are authentic,accurate and complete.3.Whether the Third Quarterly Report has been audited or not Yes No Note:This Report has been prepared in both Chinese and English version,and the English version is for reference only.Should there be any discrepancies or misunderstandings between the two versions,the Chinese versions shall prevail.The complete published Chinese Third Quarterly Report may be obtained at .Securities Code:002001 Securities Abbr:NHU 2 Section Key Accounting Data Key Accounting Data and Financial Indicators Whether the Company needs performed retroactive adjustment or restatement of accounting data in prior years or not Yes No Retroactive adjustment or restatement of reasons Accounting policy changes and other reasons Items Q3 2022 Q3 2021 YoY Change(%)Q1-Q3 2022 Q1-Q3 2021 YoY Change(%)Before Adjustment After Adjustment Note2 After Adjustment Before Adjustment After Adjustment Note2 After Adjustment Operating revenue(yuan)3,694,978,856.40 3,262,074,936.89 3,273,918,382.43 12.86%11,910,018,133.43 10,516,296,574.90 10,614,042,692.54 12.21%Net profit attributable to shareholders of listed company(yuan)797,168,419.00 957,591,164.57 965,016,497.48-17.39%3,011,045,838.25 3,366,090,298.07 3,391,995,645.90-11.23%Net profit attributable to shareholders of listed company after deducting non-recurring profit or loss(yuan)833,476,722.26 922,007,774.31 929,479,753.83-10.33%2,927,532,671.88 3,201,462,429.94 3,227,398,347.79-9.29%Net cash flows from operating activities(yuan)-2,527,486,364.07 3,830,824,490.52 3,856,729,838.35-34.47%Basic EPS(yuan/share)0.26 0.37Note1 0.31-16.13%0.98 1.31Note1 1.10-10.91%Diluted EPS(yuan/share)0.26 0.37Note1 0.31-16.13%0.98 1.31Note1 1.10-10.91%Weighted average ROE 2.95%4.53%4.79%Decrease 1.84 percentage points 12.50%16.55%16.66%Decrease 4.16 percentage points Items September 30,2022 December 31,2021 Change(%)Before Adjustment After Adjustment After Adjustment Total assets(yuan)38,245,908,900.33 34,692,165,111.88 34,724,025,476.79 10.14%Net assets attributable to shareholders of listed company(yuan)22,982,303,553.60 21,799,977,645.94 21,831,838,010.85 5.27%Note1 After the implementation of the Companys 2021 profit distribution plan,its share capital was increased from 2,578,394,760 shares to 3,090,907,356 shares.The above EPS of the comparative period was recalculated based on the adjusted share capital.Note2 The company has implemented The Interpretation of Accounting Standards for Business Enterprises No.15 since January 1,2022.The interpretation requires that if the company sells the products or by-products produced before the fixed assets reach the expected serviceable state or during the research and development process,the income and cost related to the trial operation sales shall be accounted for separately and included in the current profit and loss,The net amount of the revenue from trial operation sales after offsetting the relevant costs shall not be used to offset the cost of fixed assets or R&D expenses.The company makes retroactive adjustment according to requirements.Securities Code:002001 Securities Abbr:NHU 3 II Non-recurring gains and losses for this period Applicable Not applicable Unit:RMB Item Q3 2022 Q1-Q3 2022 Gains or losses on disposal of non-current assets,including write-off of provision for impairment-5,447,443.35 1,227,407.46 Government grants included in profit or loss(excluding those closely related to operating activities of the Company,satisfying government policies and regulations,and continuously enjoyed with certain quantity or quota based on certain standards)43,647,316.95 129,169,496.49 Gains or losses on assets consigned to the third party for investment or management 6,301,416.49 35,143,068.10 Gains or losses on changes in fair value of held-for-trading financial assets and held-for-trading financial liabilities,and investment income from disposal of held-for-trading financial assets and held-for-trading financial liabilities,excluding those arising from hedging business related to operating activities-80,247,557.93-71,175,659.01 Other non-operating revenue or expenditures 2,266,524.91 3,064,330.15 Less:Enterprise income tax affected 2,810,884.07 13,857,733.23 Non-controlling interest affected(after tax)17,676.26 57,743.59 Total-36,308,303.26 83,513,166.37 Remarks on other profit or loss satisfying the definition of non-recurring profit or loss:Applicable Not Applicable The Company has no other profit or loss satisfying the definition of non-recurring profit or loss.Remarks on defining non-recurring profit or loss listed in the“Interpretation Pronouncement on Information Disclosure Criteria for Public Companies No.1 Non-Recurring Profit or Loss”as recurring profit or loss.Applicable Not Applicable The Company has no situation of defining non-recurring profit or loss listed in the“Interpretation Pronouncement on Information Disclosure Criteria for Public Companies No.1 Non-Recurring Profit or Loss”as recurring profit or loss III Major Changes of Main Items in Financial Statements and Financial Indicators within the Reporting Period,as well as the Reasons for the Changes Applicable Not applicable 1.Balance Sheet Position(1)The closing balance of held-for-trading financial assets decreased by 68.02%compared to the opening balance in this year.It was mainly due to the maturity of idle funds raised during the reporting period of financial products.(2)The closing balance of receivables financing increased by 77.00%compared to the opening balance in this year.It was mainly due to the increase in bank acceptance bills received during the reporting period(3)The closing balance of advances paid increased by 162.64%compared to the opening balance in this year.It was mainly due to the increase in raw material purchases during the reporting period(4)The closing balance of other current assets decreased by 92.66%compared to the opening balance in this year.It was mainly due to the the maturity redemption of financial products of idle funds raised during the reporting period.Securities Code:002001 Securities Abbr:NHU 4 (5)The closing balance of other non-current assets increased by 51.74%compared to the opening balance in this year.It was mainly due to the increase of prepayment in equipment during the reporting period.(6)The closing balance of short-term borrowings increased by 66.47%compared to the opening balance in this year.It was mainly due to the increase in bank borrowings for operating business during the reporting period(7)The closing balance of other payables increased by 134.98%compared to the opening balance in this year.It was mainly due to the subsidiary owed shareholders during the reporting period.(8)The closing balance of deferred tax liabilities increased by 41.59%compared to the opening balance in this year.It was mainly caused by the one-time deduction of the taxable income amount from the newly added fixed assets and the calculation and withdrawal of deferred income tax liabilities during the reporting period.(9)The closing balance of treasury shares increased by 56.09%compared to the opening balance in this year.It was mainly due to the repurchase of part of companies social public shares.(10)The closing balance of other comprehensive incomes increased by 5,815.88%compared to the opening balance in this year.It was mainly due to the difference of translating foreign currency financial statement.2.Income Statement Position(1)Operating cost in the current Q1-Q3 period increased by 30.57%compared to the same period of last year.It was mainly due to the increase in the price of raw materials and product sales resulting in higher costs in the current Q1-Q3 period.(2)Financial expenses in the current Q1-Q3 period decreased by 87.64%compared to the same period of last year.It was mainly due to exchange gains arising from exchange rate fluctuations in the current Q1-Q3 period.(3)Investment income in the current Q1-Q3 period increased by 34.11%compared to the same period of last year.It was mainly due to the increase in income from investment in associates in the current Q1-Q3 period.(4)Gains on changes in fair value in the current Q1-Q3 period decreased by 258.11%compared to the same period of last year.It was mainly due to the change in the value of forward foreign settlement and sales products caused by the change in exchange rate in the current Q1-Q3 period.(5)Credit impairment loss in the current Q1-Q3 period decreased by 224.91%compared to the same period of last year.It was mainly due to the increase in receivables collection resulting in the reduction of bad debts in the current Q1-Q3 period.(6)Gains on asset disposal in the current Q1-Q3 period increased by 335.16%compared to the same period of last year.It was mainly due to the gains on disposal of non-current assets in the current Q1-Q3 period.(7)Non-operating revenues in the current Q1-Q3 period decreased by 57.41%compared to the same period of last year.It was mainly due to changes in compensation received in the current Q1-Q3 period.3.Cash Flow Statement Position(1)Net cash flows from operating activities in the current Q1-Q3 period decreased by 34.47%compared to the same period of last year.It was mainly due to the increase of raw material purchase during the reporting period in the current Q1-Q3 period.(2)Net cash flows from financing activities in the current Q1-Q3 period increased by 200.46%compared to the same period of last year.It was mainly due to the the reduction of cash expenditure for repayment of borrowings in the current Q1-Q3 period.Securities Code:002001 Securities Abbr:NHU 5 Section Shareholders Information Total Number of Common Shareholders and Number of Preferred Shareholders with Voting Rights Recovered and Information about Top 10 Shareholders Unit:share Total number of common shareholders at the end of the reporting period 89,376 Total number of preferred shareholders whose voting rights have been recovered at the end of the reporting period 0 Information about top 10 shareholders Shareholders Nature of shareholders Holding proportion Quantity of shares Quantity of restricted shares Shares pledged,marked or frozen Condition Quantity NHU Holding Group Co.,Ltd.Domestic non-state-owned legal person 49.07%1,516,802,525 0 Hong Kong Securities Clearing Company Limited Overseas legal person 2.32%71,757,705 0 Shanghai Chongyang Strategic Investment Co.,Ltd.Chongyang Strategic Huizhi Fund Others 1.75%54,072,200 0 National Social Security Fund No.503 Portfolio Others 1.04%32,000,000 0 Shanghai Chongyang Strategic Investment Co.,Ltd.Chongyang Strategic Yingzhi Fund Others 0.53%16,248,559 0 China Construction Bank Co.,Ltd.-E Fund CSI 300 Medicine Health Trading Open Index Securities Investment Fund Others 0.48%14,701,859 0 Hu Baishan Domestic natural person 0.47%14,595,929 10,946,946 Chongyang Group Co.,Ltd.Domestic non-state-owned legal person 0.45%13,962,191 0 Hu Baifan Domestic natural person 0.45%13,922,998 10,442,248 Sanhua Holding Group Co.,Ltd.Domestic non-state-owned legal person 0.45%13,772,970 0 Information about top 10 shareholders without trading restrictions Shareholders Quantity of non-restricted shares Category of shares Category Quantity NHU Holding Group Co.,Ltd.1,516,802,525 RMB ordinary shares 1,516,802,525 Hong Kong Securities Clearing Company Limited 71,757,705 RMB ordinary shares 71,757,705 Shanghai Chongyang Strategic Investment Co.,Ltd.Chongyang Strategic Huizhi Fund 54,072,200 RMB ordinary shares 54,072,200 National Social Security Fund No.503 Portfolio 32,000,000 RMB ordinary shares 32,000,000 Securities Code:002001 Securities Abbr:NHU 6 Shanghai Chongyang Strategic Investment Co.,Ltd.Chongyang Strategic Yingzhi Fund 16,248,559 RMB ordinary shares 16,248,559 China Construction Bank Co.,Ltd.-E Fund CSI 300 Medicine Health Trading Open Index Securities Investment Fund 14,701,859 RMB ordinary shares 14,701,859 Chongyang Group Co.,Ltd.13,962,191 RMB ordinary shares 13,962,191 Sanhua Holding Group Co.,Ltd.13,772,970 RMB ordinary shares 13,772,970 Kuwait Investment Authority 13,759,402 RMB ordinary shares 13,759,402 Agricultural Bank of China Co.,Ltd.-Franklin Guohai Deepening Value Hybrid Securities Investment Fund 13,187,519 RMB ordinary shares 13,187,519 Explanation on associated relationship or concerted actions among above shareholders Among the above shareholders,Hu Baifan is the chairman of the board,general manager and actural controller of NHU Holding Group Co.,Ltd.;Hu Baishan is the director of NHU Holding Group Co.,Ltd.,and Hu Baifan and Hu Baishan are brothers.The Company does not know whether other shareholders have relationships and whether they are persons acting in concert as defined in Administration of the Takeover of Listed Companies Procedures.Explanation on top 10 shareholders participating in securities margin trading Shanghai Chongyang Strategic Investment Co.,Ltd.Chongyang Strategic Huizhi Fund holds 54,072,127 shares through client account of collateral securities for margin trading of Guotai Junan Securities Co.,Ltd.;Shanghai Chongyang Strategic Investment Co.,Ltd.Chongyang Strategic Yingzhi Fund holds 16,248,461 shares through client account of collateral securities for margin trading of Citic Securities Co.,Ltd.;Chongyang Group Co.,Ltd.holds 13,961,946 shares through client account of collateral securities for margin trading of China Merchants Securities Co.,Ltd.Notes:Zhejiang NHU Co.,Ltd.Repurchase Securities Account is among top 10 shareholders at the end of the reporting period,but do not participate in the listing of the top 10 shareholders of the company.II Total Number of Preferred Shareholders and Information about Top 10 Preferred Shareholders Applicable Not applicable Section III Other Significant Events Applicable Not applicable I Progress of shareholding increase by controlling shareholders Based on the confidence in the sustainable and stable development of the company in the future and the recognition of the companys value,and to enhance investors confidence,the controlling shareholder of the
