龙溪股份(600592) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was CNY 359,272,102.96, representing an increase of 11.89% compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2021 was CNY 59,995,105.08, a decrease of 27.50% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 increased by 112.21% to CNY 24,485,811.25[5] - The increase in operating revenue for the year-to-date period was 33.37%, driven by strong market demand and expansion in high-end applications[9] - The net profit attributable to shareholders for the year-to-date period increased by 54.93% to CNY 168,509,241.34, attributed to enhanced profitability and scale effects[9] - Total operating revenue for the first three quarters of 2021 reached ¥1,107,679,670.57, a significant increase of 33.3% compared to ¥830,553,419.65 in the same period of 2020[18] - Net profit for the first three quarters was ¥160,113,708.28, representing a 59.5% increase from ¥100,458,195.94 in the previous year[19] - The company's operating profit was ¥184,053,004.55, an increase of 60.5% compared to ¥114,575,494.36 in the same period last year[18] - The total comprehensive income attributable to the parent company was ¥168,509,241.34, an increase from ¥108,763,062.33, reflecting a growth of 55%[19] - Total comprehensive income for Q3 2021 was CNY 160,110,338.45, compared to CNY 100,427,510.22 in Q3 2020, representing a year-over-year increase of 59.5%[20] Assets and Liabilities - The total assets at the end of Q3 2021 were CNY 3,014,781,420.62, reflecting a growth of 2.44% from the end of the previous year[6] - The company's cash and cash equivalents as of September 30, 2021, amount to ¥225,781,766.15, a decrease from ¥278,022,592.28 at the end of 2020[15] - Accounts receivable increased to ¥359,826,054.88 from ¥254,399,515.45 year-over-year[15] - Inventory as of September 30, 2021, is ¥466,958,090.21, up from ¥453,498,182.93[16] - The total liabilities decreased to ¥827,637,699.06 from ¥871,152,597.64, indicating a reduction of approximately 5%[17] - The total equity attributable to shareholders increased to ¥2,174,848,429.56, up from ¥2,051,208,587.77, marking a growth of 6%[17] - The company reported a total current liabilities of ¥308,120,395.03 as of September 30, 2021[16] - The company’s long-term equity investments are valued at ¥7,787,951.18[16] Earnings and Expenses - The weighted average return on equity for Q3 2021 was 2.61%, a decrease of 1.47 percentage points compared to the previous year[6] - The basic earnings per share for Q3 2021 was CNY 0.1502, down 27.50% year-on-year[6] - Total operating costs amounted to ¥978,078,837.00, up 25.5% from ¥779,643,998.19 year-on-year[18] - Research and development expenses totaled ¥78,764,714.39, reflecting a rise of 7.9% from ¥73,600,633.58 in the previous year[18] - The company reported a profit before tax of ¥184,003,916.67, compared to ¥116,094,288.10 in the previous year, showing a growth of 58.5%[19] Cash Flow - Cash inflow from operating activities for the first three quarters of 2021 was CNY 900,979,812.36, an increase of 31.6% from CNY 684,609,487.99 in the same period of 2020[20] - Net cash flow from operating activities for the first three quarters of 2021 was -CNY 35,509,050.79, worsening from -CNY 11,644,857.31 in the previous year[20] - Net cash flow from investing activities for the first three quarters of 2021 was CNY 69,102,358.26, significantly improving from CNY 15,162,937.90 in the same period of 2020[21] - Cash flow from financing activities for Q3 2021 resulted in a net outflow of -CNY 84,519,153.56, compared to -CNY 76,081,316.43 in Q3 2020[21] - The ending balance of cash and cash equivalents as of the end of Q3 2021 was CNY 220,424,839.26, up from CNY 101,055,332.65 at the end of Q3 2020[21] - The company incurred total cash outflows from operating activities of CNY 936,488,863.15 in the first three quarters of 2021, compared to CNY 696,254,345.30 in the previous year[20] Shareholder Information - Total number of common shareholders at the end of the reporting period is 18,387[11] - The largest shareholder, Zhangzhou Jiulongjiang Group Co., Ltd., holds 37.85% of shares, totaling 151,233,800 shares[11] Other Information - The company terminated a major asset restructuring plan due to significant deviations in expected performance of the target enterprise[13] - The company is involved in arbitration with Longen Technology Co., Ltd. regarding a capital contribution of ¥10 million that has not been fulfilled[14] - The company did not report any net profit from subsidiaries prior to consolidation in Q3 2021, consistent with the previous year[20]