丰林集团(601996) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was CNY 574,380,982.44, a decrease of 8.68% compared to the same period last year[3]. - Net profit attributable to shareholders was CNY 30,756,528.76, down 60.96% year-on-year[3]. - The basic earnings per share for the period was CNY 0.03, reflecting a decrease of 50.00% compared to the previous year[4]. - Total operating revenue for the first three quarters of 2021 reached ¥1,476,578,324.92, an increase of 20.0% compared to ¥1,229,762,965.88 in the same period of 2020[19]. - Net profit for the first three quarters of 2021 was ¥100,828,516.76, a decrease of 2.5% from ¥103,591,266.01 in the same period of 2020[20]. - Total comprehensive income for Q3 2021 reached CNY 85,121,467.39, an increase from CNY 65,984,025.07 in Q3 2020, representing a growth of approximately 29.5%[21]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,558,318,932.37, down 7.19% from the end of the previous year[4]. - The company's total assets as of the end of Q3 2021 amounted to ¥3,558,318,932.37, down from ¥3,833,981,108.09 at the end of Q3 2020[17]. - Total liabilities decreased to ¥753,700,163.85 in Q3 2021 from ¥926,630,332.91 in Q3 2020, reflecting a reduction of 18.7%[16]. - The company reported fixed assets valued at approximately $1.06 billion[27]. - The company has a long-term debt of approximately $145.19 million[28]. Cash Flow - Cash flow from operating activities for the year-to-date was CNY 280,234,759.10, an increase of 146.21% compared to the same period last year[3]. - Net cash flow from operating activities for the first three quarters of 2021 was CNY 280,234,759.10, compared to CNY 113,818,673.02 in the same period of 2020, indicating a significant increase of 146.5%[24]. - Cash inflow from sales of goods and services for the first three quarters of 2021 was CNY 1,676,509,091.60, up from CNY 1,128,127,266.59 in 2020, reflecting a growth of 48.7%[23]. - Cash outflow for purchasing goods and services in Q3 2021 was CNY 1,252,997,132.17, compared to CNY 917,750,327.68 in Q3 2020, marking an increase of 36.5%[24]. - The company reported a net cash outflow from financing activities of CNY 319,871,322.43 in Q3 2021, compared to a net outflow of CNY 199,409,099.56 in Q3 2020, indicating a worsening financing position[25]. Shareholder Information - Total number of common shareholders at the end of the reporting period was 29,811[10]. - FENGLIN INTERNATIONAL LIMITED holds 458,946,000 shares, accounting for 40.06% of total shares[11]. - Shenzhen Sophia Investment Management Co., Ltd. holds 65,281,900 shares, representing 5.7% of total shares[11]. - The company repurchased a total of 21,417,984 shares, which is 1.87% of the total share capital of 1,145,622,800 shares[13]. - The company has no known related party relationships among the top ten shareholders[11]. Costs and Expenses - The decrease in net profit was primarily due to a significant increase in chemical raw material procurement prices, leading to higher costs for engineered wood products[7]. - Total operating costs for the first three quarters of 2021 were ¥1,396,392,697.09, up 22.5% from ¥1,139,699,147.04 in 2020[19]. - Research and development expenses for the first three quarters of 2021 were ¥20,523,852.25, an increase of 22.5% compared to ¥16,756,969.75 in 2020[19]. Strategic Outlook - The company plans to continue monitoring market conditions and adjust its strategies accordingly to mitigate the impact of rising raw material costs[7]. - The company plans to focus on market expansion and new product development in the upcoming quarters to drive future growth[20].