长城军工(601606) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 was ¥224,625,569.11, representing a year-over-year increase of 36.33%[8] - The net profit attributable to shareholders was -¥19,701,861.63, a decrease of 71.60% compared to the same period last year[8] - The company's basic earnings per share were -¥0.03, reflecting a decline of 71.60% year-over-year[8] - Net profit for the third quarter of 2021 was a loss of $26.83 million, compared to a profit of $1.22 million in the same quarter of 2020, reflecting a significant decline[35] - The total comprehensive income attributable to the parent company was -CNY 26,042,408.32, a decline from CNY 1,349,978.08 in the previous year[41] Cash Flow - The net cash flow from operating activities was -¥31,624,645.73, showing an improvement of 52.37% year-to-date[8] - The total cash inflow from operating activities was CNY 986,584,349.47, an increase from CNY 764,306,356.11 in the same period last year, representing a growth of approximately 29.1%[41] - The net cash flow from operating activities was -CNY 31,624,645.73, an improvement compared to -CNY 66,390,807.43 in the previous year[41] - The total cash outflow from investing activities was CNY 90,680,638.21, a decrease from CNY 217,240,502.31 year-over-year, indicating a reduction of approximately 58.3%[41] - The net cash flow from investing activities was -CNY 59,271,650.21, an improvement from -CNY 169,561,226.31 in the previous year[41] - The total cash inflow from financing activities was CNY 258,000,000.00, slightly down from CNY 265,000,000.00 year-over-year[43] - The net cash flow from financing activities was -CNY 115,472,088.60, worsening from -CNY 13,207,072.62 in the previous year[43] - The ending balance of cash and cash equivalents was CNY 361,098,332.96, down from CNY 414,785,537.99 in the previous year[43] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,858,549,746.81, an increase of 1.84% from the end of the previous year[8] - As of September 30, 2021, total current assets amounted to CNY 2,271,516,984.32, an increase from CNY 2,243,723,818.98 at the end of 2020[24] - The company's cash and cash equivalents decreased to CNY 422,135,565.54 from CNY 622,658,815.82[24] - Accounts receivable stood at CNY 843,466,446.25, down from CNY 923,563,036.49[24] - Inventory increased significantly to CNY 756,217,635.25 from CNY 487,030,711.80[24] - Total non-current assets were CNY 1,587,032,762.49, up from CNY 1,545,205,854.86[27] - The total liabilities as of the latest report were $1.49 billion, an increase from $1.37 billion in the previous year, showing a growth of about 9.2%[29] - The total equity attributable to shareholders decreased to $2.35 billion from $2.40 billion year-over-year, a decline of approximately 2.3%[29] - The total liabilities include accounts payable of CNY 477,769,777.24, an increase from CNY 419,023,653.16[27] - The company reported a significant increase in contract liabilities to CNY 128,248,272.92 from CNY 17,064,083.37[27] Operational Metrics - Total operating revenue for the first three quarters of 2021 was $726.79 million, an increase from $708.52 million in the same period of 2020, representing a growth of approximately 2%[33] - Total operating costs for the first three quarters of 2021 were $769.41 million, up from $720.85 million in 2020, indicating an increase of about 6.7%[33] - Research and development expenses for the first three quarters of 2021 amounted to $77.54 million, compared to $63.52 million in 2020, marking an increase of approximately 22%[33] Other Financial Metrics - The weighted average return on equity was -0.83%, a decrease of 1.16 percentage points compared to the previous year[8] - The company reported a financial expense of -$630,766.95 in the first three quarters of 2021, an improvement compared to -$2.12 million in the same period of 2020[33] - The deferred income tax liabilities increased to $7,720.93 from $6,202.06, indicating a rise of about 24.5%[29] - The company’s total assets reached $3.86 billion, up from $3.79 billion in the previous year, reflecting an increase of approximately 1.8%[29] - The company’s other comprehensive income after tax was $149,991.62, compared to -$7,909.28 in the same quarter of the previous year, indicating a positive turnaround[35] - The company plans to raise up to CNY 663.49 million through a non-public offering of A shares[23] - The company experienced a 220.54% increase in prepayments, primarily due to advance payments for raw material procurement[14] - The company reported a significant increase in contract liabilities by 651.57%, attributed to pre-received payments for military product sales contracts[14] - The total number of ordinary shareholders at the end of the reporting period was 72,957[16]