HLC(SH:600731)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was CNY 476,277,745, representing a 39.20% increase compared to CNY 342,155,400 in the same period last year[4] - Net profit attributable to shareholders was CNY 68,157,046, a decrease of 6.76% from CNY 73,098,461 in the previous year[4] - Basic earnings per share for the quarter were CNY 0.1476, down 6.76% from CNY 0.1583 in the same period last year[5] - Total operating revenue for the first three quarters of 2021 reached ¥1,590,365,282.09, an increase of 16.0% compared to ¥1,370,883,503.91 in the same period of 2020[19] - Net profit for the first three quarters of 2021 was ¥208,435,547.07, a decrease of 4.0% from ¥218,255,266.00 in the same period of 2020[21] - Earnings per share for the first three quarters of 2021 were ¥0.44040, down from ¥0.46364 in the previous year[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,199,651,651.73, an increase of 6.61% from CNY 2,723,211,032.35 at the end of the previous year[5] - Total liabilities as of the end of Q3 2021 amounted to ¥1,435,243,262.95, slightly up from ¥1,416,741,771.87 at the end of Q3 2020[19] - The total non-current assets were approximately ¥1.46 billion, up from ¥1.33 billion year-over-year[17] - The company's equity attributable to shareholders was CNY 1,650,779,229.24, reflecting an 11.87% increase from CNY 1,475,678,087.04 at the end of the previous year[5] - Total equity attributable to shareholders reached ¥1,650,779,229.24, an increase of 11.8% from ¥1,475,678,087.04 in the previous year[19] Cash Flow - Cash flow from operating activities showed a significant decrease of 62.95%, amounting to CNY 101,719,000[5] - The net cash flow from operating activities for the first three quarters of 2021 was ¥101,719,152.73, a decrease of 63.0% compared to ¥274,547,293.22 in the same period of 2020[24] - Total cash inflow from operating activities was ¥1,578,573,598.19, down 2.9% from ¥1,626,801,924.58 year-on-year[24] - Cash outflow from operating activities increased to ¥1,476,854,445.46, up 9.2% from ¥1,352,254,631.36 in the previous year[24] - The ending balance of cash and cash equivalents was ¥749,420,136.48, an increase from ¥642,779,989.03 in the previous year[25] Investments and Acquisitions - The company acquired 100% equity of Hunan Haili Engineering Consulting Design Co., Ltd. and Hunan Safety Production Science Research Co., Ltd. for a total of CNY 12,070,000[6] - The net cash flow from investing activities was -¥74,637,771.05, an improvement from -¥134,700,718.74 in the same period of 2020[25] - Cash inflow from investing activities totaled ¥94,385,207.63, significantly higher than ¥2,203,069.01 in the previous year[25] - Cash outflow from investing activities rose to ¥169,022,978.68, compared to ¥136,903,787.75 in the same period of 2020[25] Market Strategy and Future Plans - The company faced a slight decline in net profit due to increased transportation costs and raw material prices amid the global pandemic[15] - The company has adjusted its market strategy and optimized supply chain management to cope with rising costs[15] - The company plans to increase product sales prices to meet annual targets[15] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[23] Shareholder Information - The total number of common shareholders at the end of the reporting period was 17,913[13] - The largest shareholder, Hunan Haili High-tech Industry Group, holds 108,522,916 shares, accounting for 23.50% of total shares[13] Accounts Receivable and Inventory - The company reported a 50.21% increase in accounts receivable, primarily due to increased sales revenue[10] - Inventory increased by 31.58%, attributed to higher raw material reserves[10] - Accounts receivable increased to ¥228.01 million from ¥151.79 million year-over-year[17] - Inventory rose to ¥294.10 million compared to ¥223.52 million in the previous year[17] - Contract liabilities rose by 97.41%, mainly due to an increase in advance sales payments[11]