康欣新材(600076) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥266,649,215.25, representing a year-on-year increase of 23.99%[3] - The net profit attributable to shareholders was -¥26,081,853.60 for the quarter, while the net profit for the year-to-date period was ¥40,041,927.35, showing a significant recovery[3] - The company reported a significant increase in revenue for the year-to-date period, with a growth rate of 54.39% compared to the same period last year, attributed to the recovery in the shipping container industry[7] - Total operating revenue for the first three quarters of 2021 reached CNY 1,025,920,574.91, a significant increase of 54.3% compared to CNY 664,486,927.34 in the same period of 2020[15] - The net profit for Q3 2021 was CNY 41,484,071.85, a significant improvement compared to a net loss of CNY 176,233,245.06 in the same period last year[16] - The total comprehensive income for Q3 2021 was CNY 41,355,978.22, compared to a total comprehensive loss of CNY 176,233,245.06 in Q3 2020[17] Assets and Liabilities - The total assets at the end of the reporting period were ¥7,460,528,687.45, an increase of 4.49% compared to the end of the previous year[4] - Total assets as of September 30, 2021, were CNY 7,460,528,687.45, compared to CNY 7,140,218,288.31 at the end of 2020[13] - Total liabilities decreased to CNY 2,565,797,698.74 from CNY 3,140,194,476.59, indicating a reduction in financial leverage[13] - The company reported a significant reduction in short-term borrowings to CNY 1,377,000,000.00 from CNY 1,667,000,000.00, suggesting improved liquidity management[13] Shareholder Information - The equity attributable to shareholders increased by 22.60% year-on-year, reaching ¥4,845,520,221.40, primarily due to a non-public stock issuance earlier in the year[7] - The number of ordinary shareholders at the end of the reporting period was 45,920, indicating a stable shareholder base[9] Cash Flow - The cash flow from operating activities showed a net outflow of -¥101,475,114.63 for the year-to-date period[3] - The operating cash flow for Q3 2021 showed a net outflow of CNY 101,475,114.63, an improvement from a net outflow of CNY 196,519,179.53 in Q3 2020[19] - The cash flow from financing activities showed a net inflow of CNY 187,532,473.76 in Q3 2021, compared to a net inflow of CNY 638,523,195.06 in the same period last year[20] Costs and Expenses - Total operating costs for the first three quarters of 2021 were CNY 1,012,730,436.43, up 21.4% from CNY 834,247,650.66 in the previous year[15] - The company reported a tax expense of CNY 5,670,307.46 for Q3 2021, compared to CNY 1,165,828.03 in the same quarter last year[16] Research and Development - The company is focusing on enhancing product standards and has strengthened R&D efforts for new standards in container production[7] - The company has ongoing research and development expenses of CNY 38,111,517.99 for the first three quarters of 2021, slightly up from CNY 35,046,796.24 in the same period of 2020[15] Inventory and Receivables - Accounts receivable decreased to CNY 150,480,709.10 from CNY 299,041,484.26, indicating improved collection efficiency[12] - Inventory increased to CNY 3,706,151,442.39 from CNY 3,261,462,218.27, reflecting potential growth in production or sales[12] Cash and Cash Equivalents - Cash and cash equivalents as of September 30, 2021, amounted to CNY 395,527,797.05, an increase from CNY 320,052,424.13 at the end of 2020[12] - Cash and cash equivalents at the end of Q3 2021 were CNY 145,022,206.75, down from CNY 230,441,078.61 at the end of Q3 2020[20] Earnings Per Share - The basic earnings per share for the quarter was -¥0.02, while the diluted earnings per share was also -¥0.02[3] - The company reported a basic and diluted earnings per share of CNY 0.03 for Q3 2021, compared to a loss per share of CNY 0.17 in the same quarter last year[17]