凤凰光学(600071) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 was CNY 403,809,945.51, representing a 13.13% increase compared to the same period last year[5]. - The net profit attributable to shareholders was CNY 108,714.37, a significant decrease of 97.66% year-over-year[5]. - The basic earnings per share (EPS) was CNY 0.0004, down 97.58% from the previous year[5]. - Operating income for the year-to-date period reached CNY 1,134,820,367.04, a 34.89% increase year-over-year[5]. - The company reported a net cash flow from operating activities of CNY 15,884,591.71, an increase of 637.42% year-over-year[5]. - Total operating revenue for the first three quarters of 2021 reached ¥1,134,820,367.04, a significant increase of 34.8% compared to ¥841,324,305.67 in the same period of 2020[17]. - The net profit for the first three quarters of 2021 was ¥6,184,020.26, a turnaround from a net loss of ¥641,680.18 in the same period of 2020[18]. - The profit attributable to shareholders of the parent company for the first three quarters of 2021 was ¥10,047,170.28, compared to ¥812,397.50 in the previous year[18]. - The company recorded a total comprehensive income of ¥6,102,295.71 for the current period, compared to a loss of ¥657,886.64 in the same period last year[18]. Assets and Liabilities - Total assets increased by 1.61% to CNY 1,720,566,808.92 compared to the end of the previous year[6]. - As of September 30, 2021, total assets amounted to CNY 1,720,566,808.92, an increase from CNY 1,693,261,401.94 at the end of 2020[12]. - Current assets totaled CNY 1,051,576,116.67, slightly down from CNY 1,068,086,461.75 at the end of 2020[12]. - Non-current assets totaled CNY 668,990,692.25, up from CNY 625,174,940.19, indicating a growth of approximately 7.0%[13]. - The total liabilities as of the end of the reporting period amounted to ¥1,119,432,528.65, compared to ¥1,098,229,417.38 at the end of the previous year[17]. - Total liabilities amounted to approximately 1,098.23 million, with current liabilities at 1,074.29 million and non-current liabilities at 23.94 million[25]. - The company reported a contract liability of 3.32 million, indicating future revenue obligations[25]. Cash Flow - The net cash flow from operating activities for the first three quarters of 2021 was ¥15,884,591.71, a significant improvement compared to a net outflow of ¥2,955,711.82 in the same period of 2020[20]. - Total cash inflow from operating activities reached ¥1,121,011,075.25, up from ¥813,557,848.41 in the previous year, reflecting a growth of approximately 37.8%[20]. - Cash outflow for purchasing goods and services increased to ¥810,149,229.85 from ¥580,642,553.31, representing a rise of about 39.5%[20]. - The net cash flow from investing activities was -¥78,274,307.33, worsening from -¥22,196,007.35 in the same period last year[21]. - Cash inflow from financing activities decreased to ¥486,330,000.00 from ¥563,000,000.00, a decline of approximately 13.7%[21]. - The ending balance of cash and cash equivalents was ¥197,735,936.00, down from ¥341,847,534.33 at the end of the previous year[21]. Research and Development - Research and development expenses increased by 30.40% due to higher investment in R&D activities[9]. - Research and development expenses increased to ¥46,172,917.62 in the first three quarters of 2021, compared to ¥35,408,349.77 in the same period of 2020, reflecting a growth of 30.4%[17]. Shareholder Information - The company has a total of 93,712,694 shares held by Phoenix Optical Holdings Limited, representing 33.28% of total shares[11]. - The company has established relationships with major shareholders, including China Electronics HIK Group and China Electronics Technology Investment Holdings, indicating potential strategic collaborations[11]. Operational Performance - The company experienced a 150.71% increase in operating profit, attributed to improved operational performance[9]. - The total profit increased by 935.14%, reflecting significant operational improvements[9]. - The company reported a significant increase in cash and cash equivalents, with CNY 240,992,463.95 as of September 30, 2021, down from CNY 357,510,381.92[12]. - Accounts receivable increased to CNY 413,543,733.58 from CNY 386,854,295.98, reflecting a growth of approximately 6.5%[12]. - Inventory rose significantly to CNY 304,572,197.10, compared to CNY 212,247,926.61, marking an increase of about 43.5%[12]. - Accounts payable slightly increased to CNY 323,808,225.85 from CNY 318,255,533.23, showing a growth of about 1.7%[13].