CCCCDC(SH:600720)2021-10-26 16:00Financial Performance - The company's operating revenue for Q3 2021 was CNY 2,520,488,084.83, a decrease of 3.99% compared to the same period last year[4]. - Net profit attributable to shareholders was CNY 352,443,988.82, down 50.72% year-on-year[4]. - The basic earnings per share (EPS) was CNY 0.4540, reflecting a decline of 50.72% compared to the previous year[4]. - Total revenue for the first three quarters of 2021 was approximately ¥5.82 billion, a decrease from ¥6.02 billion in the same period of 2020, representing a decline of about 3.2%[18]. - Net profit for the third quarter of 2021 was approximately ¥1.04 billion, down from ¥1.55 billion in the same quarter of 2020, reflecting a decrease of about 33%[20]. - The net profit attributable to the parent company's shareholders for Q3 2021 was approximately ¥953.54 million, a decrease from ¥1,447.60 million in Q3 2020, representing a decline of about 34.2%[21]. - The total comprehensive income for Q3 2021 was approximately ¥1,040.51 million, down from ¥1,554.52 million in the same period last year, indicating a decrease of around 33.0%[21]. - The basic earnings per share for Q3 2021 was ¥1.2283, compared to ¥1.8648 in Q3 2020, reflecting a decline of approximately 34.1%[22]. Assets and Liabilities - Total assets increased by 12.30% year-on-year, reaching CNY 12,352,733,210.70[5]. - Total assets as of the end of the third quarter of 2021 amounted to approximately ¥12.35 billion, an increase from ¥10.99 billion at the end of the third quarter of 2020, representing a growth of about 12.3%[17]. - Total liabilities reached approximately ¥3.29 billion in the third quarter of 2021, compared to ¥2.41 billion in the same quarter of 2020, indicating an increase of about 36.6%[17]. - The company's intangible assets increased to approximately ¥951.57 million in the third quarter of 2021, up from ¥881.24 million in the previous year, reflecting a growth of about 7.9%[16]. Cash Flow - The cash flow from operating activities for the year-to-date period was CNY 1,511,284,369.12, down 33.03% compared to the previous year[4]. - The net cash flow from operating activities for the first three quarters of 2021 was approximately ¥1,511.28 million, down from ¥2,256.56 million in the same period of 2020, a decrease of about 33.0%[23]. - Cash inflow from operating activities totaled approximately ¥4,907.60 million in the first three quarters of 2021, compared to ¥5,678.66 million in the same period last year, a decline of around 13.5%[23]. - The cash outflow from operating activities was approximately ¥3,396.32 million in the first three quarters of 2021, slightly down from ¥3,422.10 million in the same period of 2020, a decrease of about 0.8%[23]. - The net cash flow from investing activities for Q3 2021 was approximately -¥1,023.11 million, compared to ¥69.25 million in Q3 2020, indicating a significant decline[25]. - The cash flow from financing activities resulted in a net outflow of approximately ¥585.45 million in Q3 2021, compared to a net outflow of ¥811.26 million in Q3 2020[25]. - The ending cash and cash equivalents balance for Q3 2021 was approximately ¥1,007.53 million, down from ¥1,835.03 million at the end of Q3 2020, a decrease of about 45.0%[25]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 87,696[11]. - The largest shareholder, China National Building Material Group Corporation, holds 102,772,822 shares, accounting for 13.24% of total shares[11]. - Gansu Qilian Mountain Cement Holding Co., Ltd. is the second-largest shareholder with 91,617,607 shares, representing 11.80%[11]. - The report does not indicate any significant changes in shareholder relationships or actions among the top shareholders[12]. Operational Costs and Expenses - The company's sales expenses increased by 22.18% due to higher labor costs compared to the same period last year[10]. - Total operating costs for the first three quarters of 2021 increased to approximately ¥4.64 billion, compared to ¥4.19 billion in 2020, marking an increase of about 10.7%[18]. - The company's financial expenses decreased due to a reduction in interest-bearing liabilities and an increase in interest income[10]. - The company's construction in progress decreased by 57.70% as a result of the completion of a new cement production line[8]. - The company reported a significant increase in accounts receivable by 54.20%, primarily due to outstanding payments from concrete customers[8]. - Accounts receivable rose significantly to ¥568,922,047.00 from ¥368,958,980.08, indicating a growth of approximately 54%[15]. - Inventory levels increased to ¥622,822,852.88, up from ¥486,139,725.96, reflecting a growth of about 28%[15]. - The company has ongoing construction projects with a value of ¥451,204,684.62, down from ¥1,066,667,233.74, indicating a reduction in capital expenditure[15].