荣晟环保(603165) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥600,904,328.21, representing a year-on-year increase of 34.99%[5] - The net profit attributable to shareholders for the same period was ¥40,157,221.53, showing a decrease of 30.39% compared to the previous year[5] - Basic earnings per share for Q3 2021 were ¥0.16, down 30.43% year-on-year[6] - Total operating revenue for the first three quarters of 2021 reached ¥1,654,814,464.81, a 32.7% increase from ¥1,246,455,203.96 in the same period of 2020[19] - Net profit for the first three quarters of 2021 was ¥179,204,588.61, representing a 4.5% increase compared to ¥171,780,390.54 in 2020[20] - Comprehensive income totalled ¥180,208,510.21, compared to ¥170,478,644.60 in the same period last year[21] - Basic earnings per share for the first three quarters was ¥0.70, slightly up from ¥0.69 in 2020[21] Assets and Liabilities - Total assets at the end of Q3 2021 reached ¥2,319,206,619.15, an increase of 8.95% from the end of the previous year[6] - The company’s total liabilities reached RMB 555,770,871.47, an increase from RMB 463,754,669.01 in the previous year[18] - Current assets totaled RMB 1,341,175,133.76, compared to RMB 1,224,853,130.23 in the same period last year, reflecting a growth of approximately 9.5%[17] - The company’s long-term equity investments were valued at RMB 106,462,232.77, up from RMB 90,362,116.81 year-over-year[17] - The total current liabilities were RMB 389,024,451.90, compared to RMB 206,000,840.67 in the previous year, showing a substantial increase[18] Cash Flow - The company reported a net cash flow from operating activities of ¥67,617,745.55, which decreased by 60.51% compared to the previous year[10] - Cash inflow from operating activities was ¥1,687,750,272.26, compared to ¥1,266,706,511.02 in the same period of 2020[23] - The net cash flow from operating activities for Q3 2021 was ¥67,617,745.55, a decrease of 60.5% compared to ¥171,220,070.69 in Q3 2020[24] - The total cash outflow from investing activities was ¥691,956,832.84, compared to ¥781,395,562.09 in the same period last year, resulting in a net cash flow from investing activities of -¥535,737,739.92[24] - Cash inflow from financing activities was ¥269,833,672.90, significantly higher than ¥19,793,155.56 in Q3 2020, while cash outflow totaled ¥240,422,848.96, leading to a net cash flow from financing activities of ¥29,410,823.94[25] - The total cash and cash equivalents at the end of Q3 2021 were ¥140,773,588.20, down from ¥783,743,533.33 at the end of Q3 2020, reflecting a decrease of 82.0%[25] Expenses - The company experienced a 34.10% increase in operating costs, primarily due to higher sales volume and rising procurement prices[9] - The company’s financial expenses surged by 173.52%, attributed to a decrease in interest income from bank deposits[9] - The company reported a decrease in sales expenses to ¥3,494,198.16 from ¥27,099,309.29 in the same period of 2020[19] - The company reported a significant increase in cash paid for employee compensation, totaling ¥57,271,602.18, compared to ¥53,518,260.06 in the previous year, marking an increase of 5.2%[24] - The company’s cash paid for dividends and interest amounted to ¥184,422,848.96, compared to ¥78,063,060.43 in the same period last year, indicating a substantial increase of 136.0%[25] Research and Development - The company’s research and development expenses increased by 43.17% year-on-year, indicating a focus on innovation[9] - Research and development expenses increased to ¥84,489,574.25, a 43.2% rise from ¥59,013,059.63 in the previous year[19] Other Financial Metrics - The cash received from investment recoveries was ¥154,412,375.44, a decrease of 79.2% from ¥742,887,633.16 in Q3 2020[24] - Other income decreased to ¥16,652,525.12 from ¥67,106,924.19 year-on-year[19] - Investment income rose to ¥15,985,677.75, up from ¥12,246,075.04 in the previous year[20] - The company implemented new leasing standards starting in 2021, which may impact future financial reporting and cash flow management[25]