美思德(603041) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 was CNY 108,343,519.46, a decrease of 0.51% compared to the same period last year[5]. - Net profit attributable to shareholders for Q3 2021 was CNY 9,362,599.26, down 80.95% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was CNY 8,768,882.01, a decrease of 66.43% compared to the previous year[5]. - Basic earnings per share for Q3 2021 was CNY 0.07, a decline of 80.00% compared to the same period last year[6]. - The diluted earnings per share for Q3 2021 was also CNY 0.07, reflecting the same percentage decrease of 80.00%[6]. - Total operating revenue for the first three quarters of 2021 reached ¥355,859,237.80, a significant increase of 29.3% compared to ¥275,154,899.59 in the same period of 2020[19]. - Net profit for the first three quarters of 2021 was ¥46,327,721.21, a decrease of 48.7% from ¥90,329,578.02 in the same period of 2020[20]. - Basic and diluted earnings per share for the first three quarters of 2021 were both ¥0.33, down from ¥0.64 in the previous year[21]. Cash Flow and Liquidity - The cash flow from operating activities for the year-to-date period was CNY 25,095,025.00, down 59.34% year-on-year[5]. - Operating cash inflow for Q3 2021 was CNY 292,489,615.25, an increase from CNY 213,223,108.66 in Q3 2020, reflecting a growth of approximately 37%[25]. - Cash flow from operating activities for the first three quarters of 2021 was ¥272,417,315.83, an increase of 33.5% compared to ¥204,078,648.44 in 2020[24]. - Cash and cash equivalents at the end of Q3 2021 totaled CNY 155,064,315.44, down from CNY 435,902,726.95 at the end of Q3 2020, indicating a decrease of approximately 64%[26]. - Cash outflow for operating activities was CNY 267,394,590.25, up from CNY 151,506,030.34 in the previous year, indicating a rise of about 77%[25]. - The company paid CNY 33,820,814.64 in dividends and interest during Q3 2021, compared to CNY 22,554,466.07 in Q3 2020, reflecting an increase of approximately 50%[26]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,033,339,421.64, an increase of 3.36% from the end of the previous year[6]. - The company's total assets as of September 30, 2021, amount to 1,033,339,421.64 RMB, an increase from 999,738,516.99 RMB at the end of 2020[16]. - The total current assets decreased to 732,277,203.85 RMB from 777,881,636.41 RMB year-over-year[16]. - The company's total liabilities increased to 126,599,743.42 RMB from 109,064,946.61 RMB year-over-year[17]. - Total liabilities included short-term borrowings of CNY 2,901,018.22 and accounts payable of CNY 49,277,383.64 as of Q3 2021[29]. - Total liabilities amounted to 109,064,946.61, with a non-current liability total of 6,506,393.53[30]. Shareholder Equity - The equity attributable to shareholders at the end of the reporting period was CNY 904,750,997.40, up 1.81% from the end of the previous year[6]. - The total equity attributable to shareholders increased to 428,697,553.76 RMB from 416,174,481.32 RMB year-over-year[17]. - The company's total equity attributable to shareholders was ¥906,739,678.22, an increase from ¥890,673,570.38 in the previous year[18]. - Total equity attributable to shareholders reached 888,677,656.73, with total equity of 890,673,570.38[30]. Operational Challenges - The decline in net profit was primarily due to rising prices of raw materials and shipping costs, which remained high[10]. - The company has no significant new product or technology developments reported in the current quarter[13]. - The company plans to continue focusing on market expansion and new product development to drive future growth[20]. Other Financial Metrics - The weighted average return on equity for Q3 2021 was 1.04%, a decrease of 4.79 percentage points compared to the previous year[6]. - The company reported a foreign exchange loss of ¥90,278.29 for the first three quarters of 2021, compared to a loss of ¥359,747.85 in the same period of 2020[21]. - Research and development expenses for the first three quarters of 2021 amounted to ¥16,281,076.23, slightly up from ¥15,509,343.26 in the same period of 2020[19]. - The company has implemented the new leasing standards since January 1, 2021, affecting financial statement adjustments[31].