FPI(300203)2021-10-28 16:00Revenue and Profitability - Revenue for Q3 2021 was CNY 718,255,850.70, a decrease of 22.82% year-over-year[3] - Net profit attributable to shareholders was a loss of CNY 50,542,106.75, down 276.99% compared to the same period last year[3] - The company’s diluted earnings per share was -CNY 0.114, a decrease of 278.13% compared to the same period last year[3] - The net profit for the quarter was a loss of ¥62,111,252.96, contrasting with a profit of ¥78,977,680.64 in the same quarter last year[30] - The total comprehensive income attributable to the parent company was -62,645,733.48 CNY, compared to 42,933,790.85 CNY in the previous period[33] - Basic and diluted earnings per share were both -0.138 CNY, down from 0.095 CNY in the previous period[33] Cash Flow and Liquidity - Cash flow from operating activities showed a net outflow of CNY 422,759,085.30, a decline of 1210.73% year-over-year[9] - Cash inflow from operating activities totaled 2,204,608,934.99 CNY, a decrease of 14.6% from 2,579,636,153.40 CNY in the previous period[34] - Net cash outflow from operating activities was -422,759,085.30 CNY, compared to a net inflow of 38,061,369.25 CNY in the previous period[37] - Cash inflow from financing activities was 1,653,922,694.35 CNY, an increase of 12.3% from 1,472,060,990.57 CNY in the previous period[37] - Net cash flow from financing activities was 471,080,669.54 CNY, up from 245,125,705.61 CNY in the previous period[37] - The total cash and cash equivalents at the end of the period were 825,645,656.98 CNY, compared to 786,922,290.05 CNY at the end of the previous period[37] - The company reported a decrease in cash inflow from investment activities, totaling 16,411,747.45 CNY, down from 62,276,913.04 CNY in the previous period[37] Assets and Liabilities - Total assets increased to CNY 9,936,040,406.87, representing a growth of 6.03% from the end of the previous year[3] - The total liabilities increased to ¥5,860,995,393.50 from ¥5,182,126,186.57, indicating a rise in financial obligations[26] - The total equity attributable to shareholders decreased by 1.90% to CNY 3,694,337,212.11[3] - The total equity attributable to shareholders decreased to ¥3,694,337,212.11 from ¥3,765,888,263.87, reflecting a decline in shareholder value[26] - The company reported a significant increase in accounts receivable, totaling 1,465,125,379.86 CNY, compared to 1,412,228,032.21 CNY previously[17] Shareholder Information - The total number of common shareholders at the end of the reporting period is 14,483[10] - Zhejiang Ruiyang Technology Co., Ltd. holds 21.08% of shares, totaling 95,397,308 shares[10] - Zhejiang Pudu Technology Co., Ltd. holds 12.76% of shares, totaling 57,741,600 shares[10] - The largest shareholder, Zhejiang Ruiyang Technology Co., Ltd., has 1,410,000 shares frozen[10] - The second-largest shareholder, Zhejiang Pudu Technology Co., Ltd., has 46,078,600 shares pledged[10] - The company has not disclosed any related party relationships among other shareholders[13] Research and Development - Research and development expenses rose to CNY 411,296,121.51, an increase of 41.94% compared to the previous year[9] - Research and development expenses rose significantly to ¥411,296,121.51, compared to ¥289,772,007.72 in the previous year, indicating a focus on innovation[27] Operational Performance - Total operating revenue for the third quarter was ¥2,087,366,827.04, a decrease of 11.3% compared to ¥2,354,670,834.06 in the same period last year[27] - Total operating costs increased to ¥2,351,026,214.38, up from ¥2,334,436,342.07, reflecting a rise in operating expenses[27] - The company experienced a 67.15% increase in contract liabilities, totaling CNY 863,935,754.95, due to increased customer prepayments[6] - The company reported a significant increase in investment income, reaching CNY 61,465,415.09, up 1120.58% year-over-year[9] - The company’s inventory rose to 1,534,834,981.52 CNY, up from 1,175,608,845.09 CNY, reflecting an increase of about 30.5%[20] - The company sold a property in Beijing for 82,707,500 CNY, which is currently in the process of transaction[16] - The company plans to divest from certain PPP projects to optimize its asset-liability structure[16] - The company’s subsidiary, Puyutech, has launched multiple innovative products, contributing to significant sales growth in the high-end scientific instrument sector[16] Employee and Dividend Information - The company implemented a cash dividend policy, distributing a total of 8,858,148.00 CNY, with a dividend of 0.20 CNY per 10 shares based on a total share capital of 442,907,400 shares[16] - The company paid 904,651,109.33 CNY to employees, an increase from 742,149,184.51 CNY in the previous period[34] Legal and Compliance Issues - The company is facing potential risks due to legal issues involving employees, which may impact its operational services[16] Other Financial Information - The company has repurchased a total of 407,400 shares, accounting for 0.09% of the total share capital, with a total transaction amount of 4,876,346.88 RMB[14] - The maximum transaction price during the buyback was 12.00 RMB per share, and the minimum was 11.84 RMB per share[14] - The company plans to use repurchased shares for future employee stock ownership plans or equity incentive plans[14] - The report indicates that the company has not implemented any changes in restricted shares[14] - The company did not adjust the initial balance sheet items due to the new leasing standards implemented in 2021[40]