水星家纺(603365) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥836,899,646.04, representing an increase of 11.77% compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2021 was ¥85,816,643.18, reflecting a growth of 10.18% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥76,307,523.14, which increased by 24.37% compared to the same period last year[3]. - The basic earnings per share for Q3 2021 was ¥0.32, up by 42.42% year-on-year[4]. - The cumulative net profit attributable to shareholders for the year-to-date period was ¥250,072,447.18, representing a 44.43% increase year-on-year[3]. - Total operating revenue for the first three quarters of 2021 reached CNY 2,456,125,364.59, a 28.2% increase from CNY 1,915,394,321.55 in the same period of 2020[19]. - Operating profit for the first three quarters of 2021 was CNY 296,289,920.21, up 65.2% from CNY 179,591,092.68 in the first three quarters of 2020[19]. - Net profit for the first three quarters of 2021 was CNY 250,072,447.18, representing a 44.5% increase compared to CNY 173,143,548.06 in the same period of 2020[21]. - The company reported a total profit of CNY 311,158,491.38 for the first three quarters of 2021, compared to CNY 212,735,009.39 in the same period of 2020[21]. Assets and Liabilities - The total assets at the end of Q3 2021 amounted to ¥3,180,460,638.05, an increase of 5.83% from the end of the previous year[4]. - The total assets as of September 30, 2021, amounted to RMB 3,180,460,638.05, an increase from RMB 3,005,174,649.63 as of December 31, 2020, reflecting a growth of approximately 5.8%[13]. - Current assets totaled RMB 2,343,520,002.55, slightly up from RMB 2,280,564,008.86 at the end of 2020, indicating a growth of about 2.8%[13]. - Total liabilities stood at RMB 679,294,218.05, compared to RMB 648,000,676.82 at the end of 2020, showing an increase of around 4.8%[16]. - The equity attributable to shareholders rose to RMB 2,501,166,420.00 from RMB 2,357,173,972.81, marking an increase of approximately 6.1%[16]. - Total assets increased from 3,005,174,649.63 to 3,103,405,466.12, reflecting an increase of 98,230,816.49[30]. - Total liabilities increased from 648,000,676.82 to 746,231,493.31, an increase of 98,230,816.49[31]. Cash Flow - The cash flow from operating activities showed a net outflow of ¥146,862,316.15 for the year-to-date period, indicating a significant increase in cash outflows due to inventory purchases and tax payments[3][8]. - The company reported a decrease in cash flow from operating activities by 617.29% for the quarter, primarily due to increased procurement and tax payments[8]. - Cash flow from operating activities for the first three quarters of 2021 showed a net outflow of CNY -146,862,316.15, contrasting with a net inflow of CNY 230,127.11 in the first three quarters of 2020[25]. - Cash and cash equivalents at the end of the third quarter of 2021 totaled CNY 624,748,902.02, compared to CNY 530,636,811.39 at the end of the same period in 2020[26]. - The company's cash and cash equivalents decreased to RMB 625,266,841.44 from RMB 1,014,881,808.53, a decline of about 38.3%[13]. Inventory and Prepayments - Inventory increased significantly to RMB 1,098,894,129.65 from RMB 733,107,675.39, representing a rise of approximately 50%[13]. - The company reported a significant increase in prepayments, which rose to RMB 116,997,671.23 from RMB 77,381,084.22, reflecting a growth of approximately 51%[13]. Shareholder Information - The number of major shareholders indicates a concentration of ownership, with the top shareholder holding 40.42% of shares[11]. - The company has established relationships among major shareholders, indicating potential strategic alignment in decision-making[11]. Research and Development - Research and development expenses for the first three quarters of 2021 were CNY 44,902,634.25, slightly down from CNY 47,633,862.39 in the same period of 2020[19]. Operating Costs - Total operating costs for the first three quarters of 2021 were CNY 2,166,556,796.61, an increase of 24.2% from CNY 1,744,526,668.01 in the first three quarters of 2020[19].