乐惠国际(603076) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥228,637,158.06, representing a year-on-year increase of 4.71%[5] - The net profit attributable to shareholders decreased by 49.65% to ¥10,866,809.54 compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses was ¥5,712,401.31, down 33.52% year-on-year[5] - The total operating costs for the first three quarters of 2021 were CNY 656,994,595.48, compared to CNY 572,899,960.48 in 2020, reflecting an increase of approximately 14.7%[26] - The company's net profit for the first three quarters of 2021 was CNY 80,444,588.64, slightly down from CNY 81,933,369.04 in the previous year, showing a decrease of about 1.8%[26] - The total comprehensive income for Q3 2021 was approximately ¥64.93 million, down from ¥71.53 million in Q3 2020, a decrease of about 9.5%[28] Assets and Liabilities - The total assets at the end of the reporting period reached ¥2,660,368,880.93, an increase of 46.52% compared to the end of the previous year[6] - As of September 30, 2021, the company's total assets reached CNY 2,660,368,880.93, a significant increase from CNY 1,815,703,121.35 at the end of 2020, representing a growth of approximately 46.5%[20] - The company's total liabilities as of September 30, 2021, were CNY 1,347,428,466.90, up from CNY 958,968,465.16 at the end of 2020, indicating an increase of about 40.5%[22] - The equity attributable to shareholders as of September 30, 2021, was CNY 1,312,940,414.03, a significant increase from CNY 856,734,656.19 at the end of 2020, representing a growth of approximately 53.2%[22] Cash Flow - Cash flow from operating activities was reported at ¥321,661,368.98 for the year-to-date[6] - The company reported a net cash outflow from operating activities of -165.48%, attributed to increased procurement expenditures for major projects[10] - The net cash flow from operating activities for the first three quarters of 2021 was negative at approximately -¥321.66 million, contrasting with a positive cash flow of ¥169.55 million in the same period of 2020[30] - The company incurred operating cash outflows totaling approximately ¥1.12 billion in Q3 2021, compared to ¥662.74 million in Q3 2020[30] Earnings Per Share - The basic earnings per share decreased by 68.97% to ¥0.09[6] - The basic and diluted earnings per share for Q3 2021 were both ¥0.69, compared to ¥1.04 in Q3 2020, reflecting a decline of approximately 33.7%[28] Revenue Segments - The equipment segment generated revenue of RMB 225 million, with a year-on-year growth of 1.29%[15] - The equipment segment's net profit, excluding non-recurring gains and losses, was RMB 9.557 million, reflecting a year-on-year increase of 11.22%[15] New Initiatives and Ventures - The company secured new orders (including tax) of RMB 539 million in the third quarter, contributing to a total backlog of RMB 1.988 billion, a 10.87% increase from the previous quarter[15] - The company established a joint venture with Luzhou Run Da Machinery Equipment Co., Ltd., leveraging 30 years of technology and resources in the white liquor equipment sector[15] - The company launched the "Fresh Beer 30 Kilometers" brand, with the "30 Kilometers Beer Station" model entering the replication phase[16] - The company expanded its online channels by entering the JD platform in September[16] - The company successfully introduced the "Big Yellow Can" series under its own brand, receiving positive feedback from distributors and B-end customers[16] Financing Activities - The company completed a non-public offering of 11,715,246 shares, raising a net amount of RMB 404.19 million after deducting issuance costs[17] - The company reported cash inflows from financing activities of approximately ¥1.21 billion in Q3 2021, significantly higher than ¥303.85 million in Q3 2020[30] Inventory and Borrowings - The company's inventory as of September 30, 2021, was CNY 1,087,130,741.43, up from CNY 748,674,527.12 at the end of 2020, indicating an increase of about 45.2%[20] - The short-term borrowings increased to CNY 501,985,340.00 as of September 30, 2021, compared to CNY 204,618,091.71 at the end of 2020, reflecting an increase of approximately 145%[21] Research and Development - The company's research and development expenses for the first three quarters of 2021 were CNY 29,502,348.30, slightly down from CNY 31,107,744.44 in the same period of 2020, indicating a decrease of about 5.2%[26]