中材节能(603126) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥630,345,887, a decrease of 11.60% compared to the same period last year[4]. - The net profit attributable to shareholders for Q3 2021 was ¥25,773,268, down 35.53% year-on-year, while the net profit excluding non-recurring items was ¥30,881,224, a decrease of 7.43%[4]. - For the first nine months of 2021, the net profit attributable to shareholders increased by 118.73% to ¥106,705,530, and the net profit excluding non-recurring items rose by 145.18% to ¥100,324,634[5]. - Total operating revenue for the first three quarters of 2021 reached ¥2,118,103,555.06, an increase of 13.93% compared to ¥1,859,062,966.17 in the same period of 2020[22]. - Operating profit for the first three quarters of 2021 was ¥147,210,014.82, up 85.73% from ¥79,248,654.99 in the previous year[23]. - Net profit attributable to shareholders of the parent company for the first three quarters of 2021 was ¥106,705,530.08, a significant increase of 118.73% compared to ¥48,783,610.72 in 2020[24]. - Basic and diluted earnings per share for Q3 2021 were both ¥0.1748, compared to ¥0.0799 in Q3 2020, reflecting a growth of 118.52%[25]. Cash Flow and Liquidity - The company's cash flow from operating activities for the first nine months was -¥49,743,239.14, a decrease of 129.49% year-on-year, primarily due to reduced cash receipts from sales of energy-saving products and services[5]. - The company's cash flow from operating activities for the first three quarters of 2021 showed a positive trend, indicating improved liquidity[26]. - Operating cash inflow for the first three quarters of 2021 was CNY 1,525,089,037.18, a decrease of 19.6% compared to CNY 1,898,190,860.74 in the same period of 2020[27]. - Net cash flow from operating activities for Q3 2021 was -CNY 49,743,282.14, compared to CNY 168,705,409.49 in Q3 2020, indicating a significant decline[28]. - Total cash outflow from operating activities in Q3 2021 was CNY 1,574,832,319.32, compared to CNY 1,729,485,451.25 in Q3 2020, indicating a reduction in cash outflow[28]. - The total cash and cash equivalents at the end of Q3 2021 was CNY 805,318,969.47, down from CNY 926,458,884.27 at the end of Q3 2020[28]. Assets and Liabilities - As of September 30, 2021, total assets were ¥4,376,845,902.66, an increase of 4.37% from the end of the previous year[5]. - The company's accounts receivable as of September 30, 2021, amounted to ¥801,976,724.22, an increase of 42.05% due to higher business volume and revenue[9]. - The company's long-term borrowings increased by 145.74% to ¥115,500,000, primarily due to new bank loans for project construction[10]. - The company's total liabilities increased, with accounts payable rising by 39.59% to ¥865,338,488.68, attributed to increased procurement[10]. - Total liabilities increased to ¥2,175,678,848.27 in Q3 2021 from ¥2,065,518,004.01 in Q3 2020, reflecting a growth of 5.36%[20]. - The company's total equity increased to ¥2,201,167,054.39 in Q3 2021 from ¥2,128,183,679.67 in Q3 2020, marking a growth of 3.42%[20]. Research and Development - R&D expenses for the first nine months of 2020 amounted to ¥108,715,267.75, an increase of 64.72% year-over-year due to increased investment in research and development[11]. - Research and development expenses for the first three quarters of 2021 were ¥108,715,267.75, up 64.67% from ¥66,001,364.84 in the same period last year[23]. Investment Activities - Investment income for the first nine months of 2020 was ¥9,113,029.69, an increase of 131.63% year-over-year, mainly from dividends received from holdings in Nantong CIMC Special Transportation Equipment Manufacturing Co., Ltd. and Jiangsu Bank[11]. - The net cash flow from investing activities for the first nine months of 2020 was -¥60,259,182.65, a decrease of 1061.86% year-over-year due to increased investment in calcium silicate board production lines[12]. - Cash outflow from investment activities in Q3 2021 was CNY 81,064,763.86, up from CNY 33,084,430.34 in Q3 2020, reflecting increased investment expenditures[28]. - Cash received from investment activities in Q3 2021 was CNY 20,805,581.21, down from CNY 39,349,295.76 in Q3 2020, reflecting lower investment returns[28]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 74,260[14]. - The largest shareholder, China National Materials Group Corporation, held 50.66% of the shares[14].