弘信电子(300657) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 was ¥758,647,809.91, a decrease of 8.14% compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2021 was -¥119,884,304.13, representing a decline of 283.64% year-over-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥129,195,881.44, a decrease of 1,212.27% compared to the previous year[3]. - The basic earnings per share for Q3 2021 was -¥0.2927, down 253.25% from the same period last year[4]. - The diluted earnings per share for Q3 2021 was also -¥0.2927, reflecting a 253.25% decline year-over-year[4]. - The weighted average return on equity for Q3 2021 was -8.91%, a decrease of 13.48% compared to the previous year[4]. - The company reported a net operating cash flow decrease of 56.27% to approximately ¥100.94 million, primarily due to reduced government subsidies and increased labor costs[10]. - The net profit attributable to the parent company decreased by 366.66% to approximately -¥176.26 million, reflecting a decline in profitability[10]. - Basic earnings per share fell by 322.51% to -¥0.4303, driven by high fixed costs and low product yield during the initial production phase of new products[10]. - The company reported a total comprehensive income for the current period was -¥198,087,137.08, contrasting with ¥71,873,315.09 in the previous period[23]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,810,928,261.39, an increase of 0.75% from the end of the previous year[5]. - The equity attributable to shareholders at the end of the reporting period was ¥1,619,646,125.94, up 1.80% from the end of the previous year[5]. - Total liabilities amounted to ¥3,115,909,308.68, slightly up from ¥3,089,755,478.83 in the previous period[19]. - The company's total current liabilities increased, with short-term borrowings rising to CNY 511,112,525.53 from CNY 397,764,162.01 year-over-year[17]. - The company reported a total of 2,546,563,403.03 in current assets, down from 2,892,359,885.82 year-over-year[17]. - Total liabilities amounted to approximately 3.09 billion, with current liabilities at about 2.20 billion and non-current liabilities at approximately 887 million[30]. - The company reported a total assets and liabilities of approximately 4.78 billion[31]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥100,943,933.52, a decrease of 56.27% compared to the same period last year[4]. - Operating cash inflow totaled CNY 2,463,444,361.34, an increase of 6.7% from CNY 2,307,937,878.28 in the previous period[25]. - Total cash outflow for operating activities was CNY 2,362,500,427.82, an increase of 13.7% from CNY 2,077,078,847.85 in the previous period[25]. - Cash inflow from financing activities was CNY 686,960,237.97, down 7.9% from CNY 745,721,662.06 in the previous period[26]. - Net cash flow from financing activities was CNY -32,129,890.54, a significant decline from CNY 182,795,487.83 in the previous period[26]. - The ending balance of cash and cash equivalents was CNY 265,349,925.14, down from CNY 306,278,256.53 in the previous period[26]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,216, with the largest shareholder holding 25.84%[11]. - The total number of restricted shares held by major shareholders increased to 22,183,228 shares, up from 18,486,023 shares[15]. - The company plans to release 692,404 shares from lock-up for its major shareholder on September 11, 2022[14]. Investments and Expenses - Research and development expenses increased to ¥109,181,266.87 from ¥84,789,085.50, marking a rise of about 28.8%[21]. - The company's financial expenses increased by 45.97% to approximately ¥50.00 million due to new interest expenses on bonds payable[9]. - The company's long-term borrowings increased by 32.50% to approximately ¥382.57 million to meet operational needs[8]. - The company’s long-term equity investments decreased to CNY 2,979,180.95 from CNY 3,636,803.42 year-over-year[17]. Miscellaneous - The company adopted the new leasing standards starting January 1, 2021, resulting in an increase of right-of-use assets by 1,490,081.15 and a corresponding decrease in lease liabilities[31]. - The third quarter report was not audited, indicating preliminary financial results[32]. - The company received CNY 60,552,452.28 in tax refunds, an increase of 62.1% from CNY 37,286,413.23 in the previous period[24].