辽港股份(601880) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was CNY 2,859,729,288.29, a decrease of 1.48% compared to the same period last year[5]. - Net profit attributable to shareholders was CNY 507,331,524.24, reflecting a decrease of 11.81% year-on-year[5]. - The net profit after deducting non-recurring gains and losses for the current period was CNY 506,614,308.97, an increase of 75.51% compared to the previous year[6]. - The weighted average net profit margin for the current period was 0.022425 CNY per share, a decrease of 11.81% compared to the previous year[6]. - Net profit for Q3 2021 was ¥1,539,038,156.48, down from ¥1,718,018,637.49 in Q3 2020, reflecting a decrease of approximately 10.45%[24]. - Total comprehensive income for Q3 2021 was ¥1,539,568,551.45, compared to ¥1,717,372,640.63 in Q3 2020, reflecting a decrease of approximately 10.39%[25]. Cash Flow and Investments - Cash flow from operating activities for the current period was CNY 1,318,201,678.97, an increase of 102.38% year-on-year[6]. - Cash inflow from operating activities for the first three quarters of 2021 was approximately ¥7.996 billion, a decrease of 2.1% compared to ¥8.168 billion in the same period of 2020[27]. - Net cash flow from investment activities was approximately ¥585.6 million, significantly up from ¥115.3 million in the same period last year, reflecting improved investment returns[27]. - Cash inflow from investment activities totaled approximately ¥4.106 billion, up from ¥3.711 billion in the same period last year, indicating a positive trend in investment recovery[27]. - Net cash outflow from financing activities was approximately -¥4.174 billion, slightly higher than -¥4.118 billion in the previous year, indicating increased financial pressure[28]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 55,237,772,427.75, a decrease of 3.18% compared to the end of the previous year[6]. - Total liabilities decreased from ¥16,974,912,922.82 in the previous year to ¥14,278,279,204.72 in Q3 2021, a reduction of approximately 15.87%[22]. - Total equity increased from ¥38,262,859,504.93 in the previous year to ¥39,202,234,614.39 in Q3 2021, representing a growth of about 2.45%[22]. - The company reported a total current asset of approximately 10.20 billion RMB as of September 30, 2021, down from 11.18 billion RMB at the end of 2020[20]. - Non-current assets totaled approximately 43.29 billion RMB as of September 30, 2021, compared to 44.06 billion RMB at the end of 2020[20]. Operational Metrics - Container throughput at Liaoning Port decreased by 19.2% year-on-year to 227.02 million TEU in Q3 2021, while total throughput for the first three quarters fell by 21.1% to 661.0 million TEU[15]. - Oil products throughput dropped by 27.2% year-on-year to 1,145.9 million tons in Q3 2021, with a cumulative decline of 17.2% to 4,165.4 million tons for the first three quarters[15]. - General cargo throughput increased by 1.89% year-on-year to 4,125.4 million tons in Q3 2021, with a cumulative increase of 2.63% to 12,900.5 million tons for the first three quarters[15]. - The number of passenger vehicles transported decreased by 15.2% year-on-year to 19.5 million units in Q3 2021, while the total for the first three quarters increased by 14.2% to 63.4 million units[15]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 272,987[12]. - The largest shareholder, Yingkou Port Group Co., Ltd., holds 30.57% of the shares[12]. Government Subsidies and R&D - The company received government subsidies amounting to CNY 4,649,007.77 during the current period[8]. - The company received a government subsidy, which decreased compared to the same period last year[11]. - Research and development expenses for the first three quarters of 2021 were ¥4,634,625.67, significantly lower than ¥8,996,792.42 in the same period of 2020, indicating a decrease of approximately 48.42%[23]. - Research and development expenses were impacted by the equity stake in a new joint venture, no longer included in the consolidated scope[11]. Challenges and Market Presence - The company is facing challenges in the oil products segment due to high international oil prices and government policies affecting refinery operations, leading to a decrease in processed oil volumes[16]. - The company is actively expanding its market presence, particularly in the foreign trade sector, which has seen a notable increase in the volume of exported vehicles[17]. - The company completed a merger with Yingkou Port, which significantly impacted the financial results and the classification of gains and losses[10].