创新新材(600361) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was CNY 1,872,669,991.70, a decrease of 6.41% compared to the same period last year[5] - The net profit attributable to shareholders was a loss of CNY 140,308,063.49, representing a decline of 514.41% year-on-year[5] - The net profit excluding non-recurring gains and losses was a loss of CNY 118,576,636.03, down 920.19% from the previous year[5] - The company's basic earnings per share were -CNY 0.21, a decrease of 520.00% compared to the same period last year[6] - Net profit for the first three quarters of 2021 was a loss of ¥158.63 million, contrasting with a profit of ¥117.00 million in the same period of 2020[26] - Operating revenue for the first three quarters of 2021 reached ¥6.15 billion, slightly up from ¥6.09 billion in 2020, indicating a growth of 1.4%[25] - Operating costs increased to ¥6.26 billion in 2021 from ¥6.01 billion in 2020, reflecting a rise of 4.4%[25] - The company reported a basic earnings per share of -¥0.24 for Q3 2021, compared to ¥0.18 in Q3 2020[27] Assets and Liabilities - Total assets increased to CNY 11,505,302,431.35, reflecting a growth of 40.01% compared to the end of the previous year[6] - Total assets increased to ¥11.51 billion in Q3 2021, up from ¥8.22 billion in Q3 2020, representing a growth of 40.5%[21] - Total liabilities rose to ¥9.41 billion, compared to ¥5.41 billion in the previous year, marking an increase of 74.7%[21] - As of September 30, 2021, total current assets amounted to RMB 3.95 billion, a decrease from RMB 4.69 billion at the end of 2020[20] - The total assets increased to CNY 12,285,060,641.24 as of November 1, 2021, compared to CNY 8,217,689,095.33 at the end of 2020[33] - Total liabilities included short-term borrowings of CNY 1,113,559,953.58 and accounts payable of CNY 2,702,030,737.18[33] - Total liabilities amounted to 5,409,675,311.60, with non-current liabilities at 4,783,392,639.58[34] - The company's short-term liabilities totaled 5,194,133,141.84, indicating a strong liquidity position[34] Cash Flow - The company reported a cash flow from operating activities of CNY 350,089,633.41, down 24.47% year-to-date[5] - The net cash flow from operating activities for Q3 2021 was CNY 350,089,633.41, a decrease of 24.4% compared to CNY 463,487,492.56 in Q3 2020[29] - Total cash inflow from financing activities was CNY 1,508,000,000.00, while cash outflow was CNY 2,270,154,301.56, resulting in a net cash flow of -CNY 762,154,301.56[30] - The total cash and cash equivalents at the end of Q3 2021 stood at CNY 2,291,676,239.99, down from CNY 3,466,257,643.85 at the end of Q3 2020[30] - Cash received from investment activities was CNY 6,916,270.36, while cash paid for investment activities was CNY 264,721,258.59, leading to a net cash flow of -CNY 257,804,988.23[29] - The cash paid to employees was CNY 701,210,623.40, reflecting an increase from CNY 686,115,059.19 in the previous year[29] - The cash flow from investment activities showed a significant increase in cash inflow from the disposal of fixed assets, reaching CNY 6,057,692.35 compared to CNY 3,980,049.28 in the previous year[29] - The company experienced a foreign exchange impact on cash and cash equivalents of -CNY 106,356.49 in Q3 2021[30] Shareholder Information - The total number of common shareholders at the end of the reporting period was 31,187[12] - The largest shareholder, Beijing Hualian Group Investment Holding Co., Ltd., holds 194,195,951 shares, accounting for 29.17% of total shares, with 135,200,000 shares pledged[12] - The total owner's equity attributable to shareholders was 2,804,920,387.39, down from 2,304,441,463.48, indicating a decline in shareholder value[34] Investments and Subsidiaries - The company established a wholly-owned subsidiary in Beijing with an investment of RMB 10 million for commercial project operations[16] - The company is in the process of transferring 100% equity of Beijing Hualian Comprehensive Supermarket (Singapore) Procurement Co., Ltd. to its wholly-owned subsidiary for RMB 57.95 million[17] - The estimated value of the 100% equity stake in Innovation Metal is between RMB 12.13 billion and RMB 12.2 billion, with a proposed issuance price of RMB 3.44 per share[15] - The estimated value of the assets to be disposed of is RMB 2.29 billion, with the transaction price agreed upon at RMB 2.29 billion to be paid in cash by Hualian Group[15] Financial Adjustments - The company adopted the new leasing standards effective January 1, 2021, impacting financial statement adjustments[35] - The company reported a decrease in retained earnings by 450,431,031.52, highlighting challenges in profit retention[34] - The company's capital reserve was reported at 1,686,352,817.05, indicating stability in equity financing[34] - The company’s total equity decreased to ¥2.10 billion in Q3 2021 from ¥2.81 billion in Q3 2020, a decline of 25.1%[22] - The company’s long-term borrowings decreased to ¥63.25 million in Q3 2021 from ¥176.05 million in Q3 2020, a reduction of 64.1%[21] - The company recorded a loss of CNY 27,725,746.12 from the disposal of non-current assets in the current period[8]