Ellington(SH:603328)2021-10-27 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥706,049,569.16, representing a year-on-year increase of 1.52%[7] - The net profit attributable to shareholders for Q3 2021 was ¥43,091,746.44, a decrease of 41.67% compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥42,246,877.42, down 42.69% year-on-year[7] - The basic earnings per share for Q3 2021 was ¥0.05, a decrease of 37.50% compared to the same period last year[10] - The diluted earnings per share for Q3 2021 was also ¥0.05, reflecting a 37.50% decline year-on-year[10] - The weighted average return on equity for Q3 2021 was 1.30%, a decrease of 0.80 percentage points compared to the same period last year[10] - Total operating revenue for the first three quarters of 2021 reached ¥2,014,073,642.96, an increase of 12.6% compared to ¥1,788,845,941.84 in the same period of 2020[27] - Net profit for the third quarter of 2021 was ¥117,662,761.47, a decrease of 40.2% from ¥196,986,729.38 in the same quarter of 2020[34] - The total comprehensive income attributable to the parent company for the first three quarters of 2021 was CNY 117,203,609.70, a decrease from CNY 196,024,534.46 in the same period of 2020, representing a decline of approximately 40.1%[36] - Basic and diluted earnings per share for the current period were CNY 0.12, down from CNY 0.20 in the previous year, indicating a decrease of 40%[36] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,514,856,816.51, an increase of 6.01% compared to the end of the previous year[10] - As of September 30, 2021, the company's total assets amounted to RMB 4,514,856,816.51, an increase from RMB 4,258,800,889.88 as of December 31, 2020, reflecting a growth of approximately 6%[21] - The total liabilities increased to ¥1,177,821,253.99 in 2021 from ¥939,124,675.96 in 2020, indicating a growth of 25.4%[26] - The total equity attributable to shareholders reached ¥3,337,035,562.52, slightly up from ¥3,319,676,213.92 in the previous year, showing a growth of 0.5%[26] - The total liabilities and equity amounted to ¥4,514,856,816.51 in 2021, compared to ¥4,258,800,889.88 in 2020, representing an increase of 6.0%[26] - Current liabilities reached approximately $906.24 million, including accounts payable of about $554.41 million and notes payable of approximately $247.58 million[44] - Total liabilities were approximately $939.12 million, with non-current liabilities accounting for about $32.88 million[46] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥230,442,452.19, down 40.32% year-on-year[10] - Net cash flow from operating activities for the first three quarters of 2021 was CNY 230,442,452.19, a decrease of 40.4% compared to CNY 386,136,553.90 in the same period of 2020[39] - Cash inflow from operating activities totaled CNY 2,116,033,868.90, slightly up from CNY 2,087,776,924.36 in the previous year, reflecting a growth of 1.4%[39] - Cash outflow from operating activities increased to CNY 1,885,591,416.71, compared to CNY 1,701,640,370.46 in the previous year, marking an increase of 10.8%[39] - The net cash flow from investing activities was negative CNY 384,677,667.04, a significant decline from a positive CNY 252,113,122.53 in the same period of 2020[39] - The cash and cash equivalents at the end of the period were CNY 1,451,213,307.62, down from CNY 1,778,750,796.09 at the end of the previous year, a decrease of approximately 18.4%[39] - The company reported a cash outflow of CNY 99,944,066.59 from financing activities, a decrease from CNY 415,903,785.56 in the previous year, indicating a reduction of 76.0%[39] Expenses and Costs - The company attributed the decline in net profit to a significant increase in raw material costs and rising operating expenses, leading to reduced gross profit[14] - Total operating costs for the first three quarters of 2021 were ¥1,868,690,767.78, up from ¥1,560,252,330.50 in 2020, reflecting a year-over-year increase of 19.7%[31] - Research and development expenses for the first three quarters of 2021 were ¥72,153,182.08, compared to ¥71,994,676.52 in 2020, indicating a marginal increase[31] - The company reported a financial expense of -¥29,977,772.96 in 2021, compared to -¥21,762,568.36 in 2020, reflecting an increase in financial costs[31] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 35,587[15] - The company utilized RMB 105,023.70 million of raised funds by September 30, 2021, with a net interest income of RMB 17,088.51 million from bank deposits[18] - The balance of the raised funds account stood at RMB 42,801.74 million, including accumulated but unused bank deposit interest[18] Other Financial Metrics - The company experienced a decrease in other comprehensive income after tax, which was -¥459,151.77 in 2021 compared to -¥962,194.92 in 2020, indicating an improvement[34] - Deferred income tax liabilities decreased to ¥14,872,226.49 from ¥16,313,599.93, a reduction of 8.8%[26] - The company reported intangible assets valued at approximately $7.13 million and deferred tax assets of about $18.19 million[44] - The company has a provision for estimated liabilities amounting to approximately $16.57 million and deferred tax liabilities of about $16.31 million[46] - The capital reserve stands at approximately $1.02 billion, contributing to the overall equity position[46] - The company has a total of approximately $5.61 million in other comprehensive income[46]