华丰股份(605100) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥212,628,338.39, a decrease of 50.05% compared to the same period last year[6] - The net profit attributable to shareholders for Q3 2021 was ¥21,215,586.48, down 51.62% year-on-year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥14,702,636.87, a decline of 59.62% compared to the previous year[6] - Basic earnings per share for Q3 2021 were ¥0.17, a decrease of 72.13% from the same period last year[7] - The weighted average return on equity was 1.19%, a decrease of 2.66 percentage points compared to the previous year[7] - Total operating revenue for the first three quarters of 2021 was CNY 1,120,979,878, a decrease of 3.9% compared to CNY 1,166,477,635.58 in the same period of 2020[21] - Net profit for the third quarter of 2021 was CNY 129,960,007.64, a decrease of 6.9% from CNY 139,097,196.45 in the same quarter of 2020[22] - Earnings per share for the third quarter of 2021 was CNY 1.07, down from CNY 2.03 in the same quarter of 2020[23] - The company reported a decrease in comprehensive income for the third quarter of 2021 to CNY 124,890,345.90, compared to CNY 130,997,721.98 in the same quarter of 2020[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,378,982,297.93, an increase of 6.93% from the end of the previous year[7] - The equity attributable to shareholders at the end of the reporting period was ¥1,799,715,109.77, up 3.60% from the end of the previous year[7] - The total assets as of September 30, 2021, amounted to CNY 2,378,982,297.93, an increase from CNY 2,224,829,487.79 at the end of 2020, reflecting a growth of approximately 6.9%[17] - Total liabilities rose to CNY 578,506,316.72 from CNY 465,195,688.80, marking an increase of approximately 24.3%[19] - The company's equity increased to CNY 1,800,475,981.21, up from CNY 1,759,633,798.99, reflecting a growth of about 2.3%[19] - The total liabilities of the company stood at ¥465,195,688.80, with current liabilities amounting to ¥422,729,118.02[29] - The company's total assets as of the end of the third quarter of 2021 amounted to CNY 2,378,982,297.93, an increase from CNY 2,224,829,487.79 at the end of the previous year[20] - The company's equity attributable to shareholders increased to CNY 1,799,715,109.77 from CNY 1,737,192,179.49 year-over-year[20] Cash Flow - The cash flow from operating activities for the year-to-date was ¥170,257,391.72, a decrease of 23.89% compared to the previous year[7] - The net cash flow from operating activities for the first three quarters of 2021 was ¥170,257,391.72, a decrease of 23.8% compared to ¥223,707,819.13 in the same period of 2020[25] - Total cash inflow from investment activities reached ¥898,683,882.25, significantly higher than ¥140,115.14 in the previous year[26] - The net cash flow from financing activities was -¥94,374,420.32, a substantial decline from ¥652,136,517.58 in the first three quarters of 2020[26] - The total cash and cash equivalents at the end of Q3 2021 amounted to ¥636,225,462.75, down from ¥959,955,700.68 at the end of Q3 2020[26] Market Challenges and Strategies - The decline in revenue and profit was primarily due to a decrease in heavy truck market sales and reduced customer orders[11] - The company plans to address the challenges in the market and explore new strategies for growth moving forward[11] - The company has not disclosed any new product developments or market expansion strategies during this reporting period[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 12,935, indicating a stable shareholder base[14] - Engineus Power Holding Inc. remains the largest shareholder with a 51.90% stake, holding 63,000,000 shares[14] Research and Development - Research and development expenses for the first three quarters of 2021 were CNY 36,663,992.29, an increase from CNY 33,750,378.27 in the same period of 2020[21] Financial Position - The company recorded a financial expense of CNY -7,193,314.87 in the first three quarters of 2021, compared to a financial income of CNY 1,795,761.53 in the same period of 2020[21] - The company’s total liabilities and equity reached CNY 2,378,982,297.93, indicating a solid financial position[20] - The company's fixed assets were valued at ¥529,780,430.12, indicating a consistent investment in long-term assets[28] - The company’s capital reserve was reported at ¥1,107,212,157.45, showing strong equity backing[29]