ST澄星(600078) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter reached ¥1,010,645,781.49, representing a year-on-year increase of 29.59%[5] - Net profit attributable to shareholders was ¥75,582,563.4, a significant increase of 6,251.94% compared to the same period last year[5] - The basic earnings per share for the quarter was ¥0.11, reflecting a year-on-year increase of 5,703.72%[6] - Total operating revenue for the first three quarters of 2021 reached RMB 2,491,130,164.92, an increase of 10.2% compared to RMB 2,260,684,894.54 in the same period of 2020[23] - Operating profit for the first three quarters of 2021 was RMB 140,283,846.03, significantly up from RMB 48,836,405.65 in 2020, marking an increase of 187.5%[24] - Net profit attributable to shareholders of the parent company for the first three quarters of 2021 was RMB 63,294,491.41, compared to RMB 5,716,195.45 in the same period of 2020, reflecting a growth of 1,008.5%[25] - The total comprehensive income for the first three quarters of 2021 was RMB 103,130,352.64, compared to RMB 41,915,915.41 in 2020, indicating a growth of 146.0%[25] - The basic and diluted earnings per share for the first three quarters of 2021 were both RMB 0.096, a significant increase from RMB 0.01 in the same period of 2020[25] Assets and Liabilities - The total assets at the end of the reporting period were ¥5,240,945,800.78, showing a decrease of 3.44% from the end of the previous year[6] - The total assets as of September 30, 2021, amounted to 5,240,945,800.78 RMB, a decrease from 5,427,605,985.51 RMB at the end of 2020[19] - The company's total liabilities were reported at 5,320,634,971.95 RMB, down from 5,457,832,246.77 RMB at the end of 2020[20] - Total liabilities were reported at ¥5,457,832,246.77, with current liabilities of ¥5,024,456,714.28 and non-current liabilities of ¥433,375,532.49[32] - The company reported a total equity of -¥30,226,261.26, with attributable equity to shareholders at -¥476,148,123.24[32] Cash Flow - The cash flow from operating activities for the year-to-date period was ¥377,349,132.14, which is a decrease of 8.55% compared to the same period last year[5] - The net cash flow from operating activities for the first three quarters of 2021 was RMB 377,349,132.14, a decrease of 8.5% from RMB 412,643,335.26 in 2020[28] - The company’s cash flow from financing activities showed a net outflow of RMB 244,381,615.99 in 2021, an improvement from a net outflow of RMB 519,370,167.57 in 2020[28] - The net increase in cash and cash equivalents for Q3 2021 was ¥91,095,788.13, a decrease of ¥295,825,638.66 compared to the previous period[29] - The ending balance of cash and cash equivalents as of Q3 2021 was ¥275,576,017.79, down from ¥1,564,451,162.21 in the previous year[29] - The company’s cash and cash equivalents at the beginning of the period were ¥184,480,229.66, indicating a significant decrease in liquidity[29] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 41,709[11] - Jiangyin Chengxing Industrial Group Co., Ltd. held 25.78% of the shares, while Jiangyin Hanying Investment Co., Ltd. held 16.01%[11] - As of September 30, 2021, the controlling shareholder, Jiangyin Chengxing Industrial Group, has pledged 170,826,693 shares, representing 25.78% of the total share capital[14] Operational Challenges - The company experienced production stoppages at its Jiangyin plant from April 9 to May 29, 2021, and again from September 23 to October 29, 2021, due to safety permit issues and equipment maintenance[13] - The company is facing a significant financial strain, with a total of 2,223,347,882.40 RMB in funds occupied by the controlling shareholder and related parties as of September 30, 2021[14] - The company is involved in litigation with a total amount of 2,140,362,889.60 RMB as of the report date[15] - The company is facing significant uncertainty regarding its ability to turn its negative net assets into positive and to receive an unqualified audit opinion, indicating a substantial risk of delisting[16] Cost and Expenses - The company reported a total operating cost of RMB 2,309,168,525.89 for the first three quarters of 2021, up from RMB 2,223,083,616.19 in 2020, representing an increase of 3.9%[23] - The company’s financial expenses decreased to RMB 94,401,916.91 in 2021 from RMB 126,506,867.45 in 2020, showing a reduction of 25.4%[23] Research and Development - The company has not reported any significant new product developments or market expansions in this quarter[4] - Research and development expenses were not explicitly detailed in the provided data, indicating a potential area for further inquiry regarding new product and technology development[23] Fixed Assets - Fixed assets were valued at ¥2,375,297,558.54, with construction in progress at ¥437,958,966.55[31] - The company executed the new leasing standards starting January 1, 2021, adjusting relevant financial statement items accordingly[32] - The company had short-term borrowings of ¥3,715,442,000.00 and accounts payable of ¥557,677,436.63[31] - The company reported a long-term borrowing of ¥331,540,000.00 as part of its non-current liabilities[32]