纽威股份(603699) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥974,705,302.68, a decrease of 3.34% compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2021 was ¥77,861,533.40, down 45.23% year-on-year[3]. - The net profit after deducting non-recurring gains and losses for Q3 2021 was ¥72,240,118.86, a decline of 48.11% compared to the previous year[6]. - The basic earnings per share for Q3 2021 was ¥0.10, representing a decrease of 47.37% year-on-year[6]. - The weighted average return on equity for Q3 2021 was 2.80%, a decrease of 2.50 percentage points compared to the same period last year[6]. - The company's net profit for the first three quarters of 2021 was RMB 355,703,953.10, compared to RMB 441,183,389.36 in the same period of 2020, indicating a decrease of 19.43%[22]. - Net profit for Q3 2021 was CNY 293,770,506.30, a decrease of 27.7% compared to CNY 406,090,056.42 in Q3 2020[25]. - Total comprehensive income for Q3 2021 was CNY 287,142,231.11, down from CNY 417,194,065.69 in Q3 2020, reflecting a decline of 31.1%[26]. - Basic earnings per share for Q3 2021 was CNY 0.38, compared to CNY 0.53 in Q3 2020, representing a decrease of 28.3%[26]. Revenue and Costs - Total operating revenue for the first three quarters of 2021 reached RMB 2,902,298,549.95, an increase of 7.25% compared to RMB 2,706,552,626.93 in the same period of 2020[22]. - Total operating costs for the first three quarters of 2021 were RMB 2,546,594,596.85, up from RMB 2,265,369,237.57 in the previous year, reflecting a year-on-year increase of 12.43%[22]. - The company reported a decrease in sales revenue from CNY 2,648,281,894.02 in the first nine months of 2020 to CNY 2,529,260,681.70 in the same period of 2021, a decline of 4.5%[30]. Assets and Liabilities - Total assets at the end of Q3 2021 amounted to ¥5,862,989,353.28, an increase of 9.60% from the end of the previous year[6]. - As of September 30, 2021, total assets amounted to RMB 5,862,989,353.28, an increase from RMB 5,349,479,144.22 at the end of 2020[18]. - Current assets totaled RMB 4,152,236,336.57, up from RMB 3,773,652,074.38 at the end of 2020, representing a growth of 10.05%[18]. - The company's total liabilities as of September 30, 2021, were RMB 2,983,396,253.57, compared to RMB 2,444,086,111.06 at the end of 2020, indicating an increase of 22.05%[18]. - Short-term borrowings increased to RMB 984,327,012.78 from RMB 626,341,407.98 at the end of 2020, marking a significant rise of 57.06%[18]. Cash Flow - The net cash flow from operating activities for the first nine months of 2021 was ¥320,279,106.92, down 39.71% year-on-year[6]. - Cash flow from operating activities for the first nine months of 2021 was CNY 320,279,106.92, down 39.7% from CNY 531,266,116.58 in the same period of 2020[30]. - Cash flow from investing activities showed a net outflow of CNY 357,104,594.60 in the first nine months of 2021, compared to a smaller outflow of CNY 76,001,727.98 in the same period of 2020[31]. - Cash flow from financing activities generated a net inflow of CNY 2,391,198.43 in the first nine months of 2021, a significant improvement from a net outflow of CNY 528,514,011.22 in the same period of 2020[31]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,522[9]. - The largest shareholder, Niuwei Group Co., Ltd., held 398,650,000 shares, accounting for 53.15% of the total shares[9]. Inventory and Expenses - The company's inventory as of September 30, 2021, was RMB 1,622,029,662.15, compared to RMB 1,499,190,707.81 at the end of 2020, reflecting an increase of 8.20%[16]. - Research and development expenses for the first three quarters of 2021 were RMB 87,937,667.18, down from RMB 98,886,631.77 in the same period of 2020, a decrease of 11.09%[22]. Cash and Equivalents - The company's cash and cash equivalents decreased to RMB 339,272,083.99 from RMB 386,807,361.36 at the end of 2020, a decline of 12.26%[16]. - The company’s cash and cash equivalents at the end of Q3 2021 were CNY 309,781,412.83, compared to CNY 248,157,875.36 at the end of Q3 2020, indicating an increase of 24.8%[31]. Operating Profit - The company recorded a decrease in operating profit from CNY 468,460,099.60 in Q3 2020 to CNY 333,973,579.74 in Q3 2021, a decline of 28.7%[25]. - The company reported a decrease in gross profit margin primarily due to reduced sales[8]. Asset Performance - The company’s total assets impairment loss was CNY 2,126,530.22 in Q3 2021, compared to a gain of CNY 1,323,778.93 in Q3 2020, indicating a significant shift in asset performance[25].