江山欧派(603208) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter was ¥880,645,258.97, a decrease of 8.31% compared to the same period last year[5] - The net profit attributable to shareholders was ¥113,564,666.46, down 35.97% year-on-year[5] - The basic earnings per share for the quarter was ¥1.08, reflecting a decline of 36.09% compared to the previous year[6] - The company reported a decrease of 36.05% in net profit after deducting non-recurring gains and losses for the quarter[6] - The weighted average return on equity for the quarter was 5.83%, a decrease of 6.36 percentage points year-on-year[6] - Net profit for the third quarter of 2021 was ¥293,658,328.51, a decrease of 9.09% from ¥322,986,019.93 in the same quarter of 2020[43] - The total comprehensive income for the third quarter of 2021 was CNY 293,658,328.51, compared to CNY 314,486,019.93 in the same period of 2020, reflecting a decrease of approximately 6.5%[44] - Basic earnings per share for the third quarter of 2021 was CNY 2.77, down from CNY 2.97 in the same period of 2020, representing a decline of about 6.7%[44] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥4,546,308,332.47, representing an increase of 16.23% from the end of the previous year[6] - The total liabilities as of Q3 2021 amounted to ¥2,604,072,601.75, an increase from ¥2,102,377,835.69 in Q3 2020, representing a growth of 23.87%[39] - The company's equity attributable to shareholders reached ¥1,876,663,667.50 in Q3 2021, up from ¥1,648,443,097.36 in Q3 2020, reflecting an increase of 13.88%[40] Cash Flow - The cash flow from operating activities for the year-to-date was negative at -¥282,155,796.81[6] - Cash inflow from operating activities for the first three quarters of 2021 was CNY 2,324,774,202.11, an increase of approximately 32.6% from CNY 1,752,056,709.36 in the same period of 2020[47] - The net cash flow from operating activities for the first three quarters of 2021 was negative CNY 282,155,796.81, compared to a positive CNY 89,164,646.64 in the same period of 2020[47] - The cash and cash equivalents at the end of the third quarter of 2021 stood at CNY 458,208,142.86, compared to CNY 380,600,060.95 at the end of the same period in 2020, marking an increase of approximately 20.4%[48] Investments and Projects - The company acquired 40% equity in Henan Oupai Door Industry Co., Ltd. for RMB 72.5035 million, making it a wholly-owned subsidiary[15] - The company completed a capital increase of RMB 192.44 million in Oupai Security Technology Co., Ltd., holding 72.00% of its equity post-investment[17] - The total investment for the fire door production line project is estimated at RMB 450 million, currently in the construction and layout phase[21] - The Chongqing Oupai Company is investing approximately RMB 758 million in a project to produce 1.2 million wooden doors annually, which is currently in the construction phase[21] - The company plans to raise RMB 420 million through the public issuance of convertible bonds for the Chongqing wooden door project[22] Shareholder Information - The total number of common shareholders at the end of the reporting period was 7,192[13] - The largest shareholder, Wu Shuigen, holds 30,550,000 shares, representing 29.0% of the total shares[13] Financing and Guarantees - The company plans to apply for a comprehensive credit limit of no more than 6.5 billion RMB from banks and other institutions in 2021[26] - The company has provided guarantees totaling 1,032.30 million RMB to its subsidiaries, with the largest guarantee of 629.00 million RMB to its wholly-owned subsidiary, Jiangshan Oupai Wood Products Co., Ltd.[27] - The company intends to conduct non-recourse accounts receivable factoring business with a total amount not exceeding 1.6 billion RMB in 2021, with 419.63 million RMB already executed as of September 30, 2021[28] - The company issued 5.83 million convertible bonds with a total amount of 583 million RMB, with a net amount of 577 million RMB after deducting underwriting fees[32] - As of September 30, 2021, the company has used 279.29 million RMB of the raised funds, with 298.89 million RMB remaining unutilized[33] Legal Matters - A lawsuit has been filed by the company's wholly-owned subsidiary against Evergrande for an unpaid commercial bill amounting to approximately 175.78 million RMB[35] Sales and Revenue - Total operating revenue for the first three quarters of 2021 reached ¥2,287,625,967.21, an increase of 13.14% compared to ¥2,022,380,556.81 in the same period of 2020[42] - The company reported a total revenue from sales of goods and services of CNY 1,907,811,565.01 for the first three quarters of 2021, up from CNY 1,447,299,042.86 in the same period of 2020, reflecting a growth of about 31.7%[47]