时代出版(600551) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was approximately CNY 2.10 billion, representing a year-on-year increase of 34.25%[5] - The net profit attributable to shareholders was approximately CNY 57.88 million, with a year-on-year increase of 1.62%[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately CNY 51.38 million, showing a year-on-year increase of 29.61%[5] - The basic earnings per share for the period was CNY 0.1195, reflecting a year-on-year increase of 1.62%[6] - Total operating revenue for the first three quarters of 2021 reached ¥5,726,435,152.79, an increase from ¥4,300,716,427.05 in the same period of 2020[21] - Net profit for the third quarter of 2021 was ¥291,058,509.22, up from ¥165,458,496.03 in the same quarter of 2020[23] - Total comprehensive income for Q3 2021 reached ¥291,058,509.22, a significant increase from ¥165,458,496.03 in Q3 2020, representing a growth of approximately 75.8%[24] - Basic and diluted earnings per share for Q3 2021 were both ¥0.5946, compared to ¥0.3377 in Q3 2020, indicating an increase of about 76.2%[24] Assets and Liabilities - Total assets at the end of the reporting period were approximately CNY 7.49 billion, an increase of 6.38% compared to the end of the previous year[6] - The company's total assets increased to ¥7,488,097,556.15 in Q3 2021, compared to ¥7,038,759,938.20 in Q3 2020[19] - Total liabilities rose to ¥2,409,906,034.86 in Q3 2021, compared to ¥2,182,262,591.02 in Q3 2020[19] - The equity attributable to shareholders of the parent company increased to ¥4,980,989,738.32 in Q3 2021, from ¥4,782,290,022.50 in Q3 2020[19] - Total liabilities reached $2,182,262,591.02, with current liabilities at $2,085,637,509.39[30] - The total liabilities to equity ratio stands at approximately 0.45, indicating a balanced capital structure[30] Cash Flow - The company's cash flow from operating activities was negative at approximately CNY -429.10 million for the year-to-date period[5] - Cash inflow from operating activities for the first three quarters of 2021 was ¥6,353,194,883.04, up from ¥4,701,369,593.71 in the same period of 2020, reflecting a growth of approximately 35.1%[25] - Net cash flow from operating activities for Q3 2021 was -¥429,104,968.48, worsening from -¥180,438,052.39 in Q3 2020[26] - Cash outflow from investing activities for the first three quarters of 2021 totaled ¥1,332,638,081.43, compared to ¥677,959,986.43 in the same period of 2020, indicating an increase of about 96.5%[26] - The ending balance of cash and cash equivalents as of Q3 2021 was ¥1,341,909,457.80, down from ¥1,504,673,177.83 at the end of Q3 2020[26] Investments - The company's investment income increased significantly by 776.15% due to the transfer of shares in a subsidiary[11] - The company's long-term equity investments decreased by 93.34% primarily due to the transfer of shares in a subsidiary[10] - The company participated in a private placement of convertible bonds for RMB 50 million, with a term of 24 months and an annual interest rate of 7.2%[15] - The company redeemed a trust product with a total investment of RMB 96.97 million, yielding an investment return of approximately RMB 12.92 million[15] Shareholder Information - Total number of common shareholders at the end of the reporting period was 14,792[13] - The largest shareholder, Anhui Publishing Group Co., Ltd., holds 300,725,557 shares, accounting for 59.45% of total shares[13] Other Financial Metrics - The company's cash and cash equivalents decreased by 30.90% mainly due to increased external investments and loans[10] - Accounts receivable increased to RMB 861.42 million, up from RMB 670.36 million, reflecting a growth of approximately 28.5% year-over-year[17] - The total current assets as of September 30, 2021, amounted to approximately RMB 5.28 billion, compared to RMB 5.12 billion at the end of 2020, indicating a growth of about 3.2%[17] - The company has a lawsuit regarding copyright infringement with a potential liability of RMB 11 million[16] - The company has recovered RMB 14.06 million from a debtor, Ningbo Zhongfu, out of a total debt of RMB 15.12 million[16] - The company’s long-term equity investments decreased to RMB 8.39 million from RMB 126.08 million, a decline of approximately 93.3%[17] - Research and development expenses for the first three quarters of 2021 were ¥21,237,447.39, slightly down from ¥24,797,953.41 in 2020[22] - The company implemented new leasing standards starting in 2021, affecting the financial statements from the beginning of the year[27]