庚星股份(600753) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was CNY 388,818,645.73, a decrease of 0.41% compared to the same period last year[4]. - The net profit attributable to shareholders was CNY -172,106.15, down 69.15% year-on-year[4]. - The basic earnings per share for the period was CNY -0.001, a decrease of 76.97% compared to the previous year[5]. - The company's operating revenue for the reporting period was ¥1,299,004,540.29, a decrease of 40.46% compared to ¥2,181,650,795.76 in the same period last year[11]. - Net profit attributable to shareholders was ¥3,957,155.76, a decline of 58.05% from ¥9,431,964.18, mainly due to a significant drop in operating revenue[11]. - The net profit excluding non-recurring gains and losses was ¥1,437,813.32, down 77.14% from ¥6,290,007.51[11]. - Net profit for the first three quarters of 2021 was CNY 6.50 million, a decrease of 47.4% compared to CNY 12.36 million in the same period of 2020[25]. - Operating revenue for the first three quarters of 2021 was CNY 1.30 billion, down 40.4% from CNY 2.18 billion in the first three quarters of 2020[24]. - The total comprehensive income for Q3 2021 was CNY 6,504,340.68, down from CNY 12,363,627.83 in Q3 2020, indicating a decline of about 47.4%[26]. Cash Flow - The net cash flow from operating activities was CNY -45,368,782.45, a decline of 52.01% compared to the same period last year[4]. - Cash flow from operating activities was -¥45,368,782.45, a decrease of 52.01% compared to -¥29,845,276.05 in the previous period[11]. - The net cash flow from investing activities for Q3 2021 was CNY 20,047,945.21, compared to negative CNY 945,334.68 in Q3 2020, indicating a significant improvement[30]. - The net cash flow from financing activities for Q3 2021 was CNY 72,580,325.58, compared to negative CNY 5,927,172.97 in Q3 2020, showing a positive turnaround[30]. - Cash inflow from operating activities for the first three quarters of 2021 was CNY 1,099,032,441.25, down 47.9% from CNY 2,108,048,318.08 in the first three quarters of 2020[29]. - Cash outflow from operating activities for the first three quarters of 2021 was CNY 1,144,401,223.70, a decrease of 46.4% compared to CNY 2,137,893,594.13 in the same period of 2020[29]. Assets and Liabilities - Total assets increased to CNY 632,378,833.22, representing a growth of 6.67% from the end of the previous year[5]. - Current assets totaled CNY 590.72 million, slightly up from CNY 580.82 million, indicating a growth of about 1.5%[20]. - The total liabilities decreased to CNY 272.54 million from CNY 335.66 million, reflecting a reduction of about 18.8%[21]. - Shareholders' equity attributable to the parent company rose to CNY 323,257,832.32, an increase of 44.86% year-on-year[5]. - Shareholders' equity rose to CNY 359.84 million, up from CNY 257.18 million, indicating an increase of approximately 39.9%[21]. Operational Changes - The company completed a non-public offering of shares in August 2021, raising CNY 95,570,191.27 in total funds[10]. - The company plans to optimize its organizational structure by dissolving certain subsidiaries, including Taiyuan Xinggeng Supply Chain Management Co., Ltd.[14]. - The company raised approximately ¥99.99 million through a private placement of shares, with net proceeds of about ¥95.57 million, increasing total shares from 215,040,000 to 230,307,175[15]. - The company has completed the capital increase for Wuhan Minsheng and the related business registration changes[14]. Expense Management - Operating costs were ¥1,280,315,387.36, down 40.57% from ¥2,154,461,194.75, primarily due to a reduction in procurement costs resulting from decreased business scale[11]. - The company reported a significant reduction in sales expenses, which were CNY 1.78 million compared to CNY 2.10 million in the previous year, a decrease of about 15.1%[25]. - The company’s financial expenses decreased to CNY 1.98 million from CNY 2.75 million, a reduction of approximately 28%[25]. - Contract liabilities decreased by 46.27% to CNY 83,512,118.85, reflecting the completion of goods delivery and settlement during the reporting period[9]. Cash and Cash Equivalents - The company reported a significant increase in cash and cash equivalents, with a 46.06% rise to CNY 149,863,626.47[9]. - The cash and cash equivalents at the end of Q3 2021 amounted to CNY 149,863,626.47, a significant increase from CNY 30,274,975.74 at the end of Q3 2020[30].