Lanpec(SH:601798)2021-10-25 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥184,155,789.57, a decrease of 30.31% compared to the same period last year[5] - The net profit attributable to shareholders was -¥21,938,301.02, representing a significant decline of 617.00% year-on-year[5] - The basic earnings per share were -¥0.0619, down 617.00% from the previous year[6] - Total operating revenue for the first three quarters of 2021 was CNY 452,005,733.96, a decrease of 34.5% compared to CNY 689,923,179.27 in the same period of 2020[17] - Net profit for the third quarter of 2021 was a loss of CNY 96,360,946.50, compared to a profit of CNY 7,837,282.13 in the same quarter of 2020[18] - Basic and diluted earnings per share for the third quarter of 2021 were both CNY -0.2637, compared to CNY 0.0368 in the same quarter of 2020[19] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,122,463,285.67, an increase of 1.98% compared to the end of the previous year[6] - The company's total assets as of September 30, 2021, amount to ¥3,122,463,285.67, an increase from ¥3,061,742,928.06 at the end of 2020[15] - Current assets total ¥2,046,679,295.69, compared to ¥1,928,307,730.77 in the previous year, reflecting a growth of approximately 6.13%[15] - The total liabilities amount to ¥1,412,615,843.90, up from ¥1,279,409,417.97, indicating an increase of approximately 10.39%[16] - The company's equity stands at ¥1,709,847,441.77, compared to ¥1,782,333,510.09 in the previous year, showing a decrease of about 4.06%[16] - The company's total liabilities were CNY 3,122,463,285.67, showing a slight increase from CNY 3,061,742,928.06 in the previous year[17] Cash Flow - The company reported a cash flow from operating activities of -¥14,067,844.28 for the year-to-date[6] - The company reported a net cash outflow from operating activities of CNY -14,067,844.28 for the first three quarters of 2021, compared to CNY -10,425,018.95 in the same period of 2020[21] - The net cash flow from financing activities was 34,202,978.02, a significant improvement from -14,269,171.98 in the same quarter last year[22] - The company experienced a net increase in cash and cash equivalents of 18,683,351.45, contrasting with a decrease of 25,651,155.41 in the previous year[22] Investment and Expenses - Research and development expenses increased by 81.78% due to intensified investment in scientific research projects[10] - The company experienced a 34.48% decline in total operating income due to fewer product deliveries[10] - The investment income surged by 330.56% as the investment in a subsidiary was accounted for using the equity method[10] - The company recorded investment income of CNY 16,728,148.63 in the third quarter of 2021, compared to a loss of CNY -7,255,486.65 in the same quarter of 2020[18] - Research and development expenses increased to CNY 38,560,078.66 in the first three quarters of 2021, up from CNY 21,211,997.82 in the same period of 2020, reflecting a focus on innovation[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 14,591[12] - The largest shareholder, China Energy Engineering Group Co., Ltd., holds 180,809,381 shares, representing 51.00% of the total shares[12] Other Financial Metrics - The company reported a significant increase in other receivables by 114.42% due to changes in the consolidation scope[10] - The company faced a substantial operating profit decline of 750.31% influenced by multiple factors including complex product structures and rising raw material prices[10] - Other income for the first three quarters of 2021 was CNY 12,365,527.10, down from CNY 15,827,128.41 in the same period of 2020[17] - The company has reported a significant increase in contract liabilities to ¥310,029,458.97 from ¥197,396,962.36, reflecting a growth of about 57.00%[16]