惠发食品(603536) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was CNY 412,462,597.61, representing a year-on-year increase of 4.46%[4] - The net profit attributable to shareholders for Q3 2021 was a loss of CNY 21,937,264.70, a decrease of 216.20% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was a loss of CNY 23,438,448.01, a decrease of 227.11% year-on-year[4] - The basic earnings per share for Q3 2021 was -CNY 0.13, a decrease of 218.18% year-on-year[4] - The diluted earnings per share for Q3 2021 was also -CNY 0.13, reflecting the same percentage decrease as basic earnings[4] - Total operating revenue for the first three quarters of 2021 reached ¥1,144,806,801.40, a significant increase from ¥872,203,856.16 in the same period of 2020, representing a growth of approximately 31.1%[18] - The net profit for the first three quarters of 2021 was a loss of ¥88,390,422.63, contrasting with a profit of ¥10,564,007.99 in the same period of 2020[19] - The basic and diluted earnings per share for the first three quarters of 2021 were both -¥0.52, compared to ¥0.08 in the previous year[20] - The company reported a total operating profit (loss) of -¥103,281,579.38 for the first three quarters of 2021, compared to a profit of ¥9,098,762.25 in the same period of 2020[19] - The total profit (loss) for the first three quarters of 2021 was -¥104,444,897.73, compared to a profit of ¥8,743,251.33 in 2020[19] Cash Flow - The net cash flow from operating activities for the year-to-date period was CNY 26,563,932.79, an increase of 340.05%[4] - The net cash flow from operating activities for Q3 2021 was CNY 26,563,932.79, a significant improvement compared to a net outflow of CNY 11,066,049.93 in Q3 2020[23] - Cash inflow from operating activities for the first three quarters of 2021 was ¥1,299,721,741.42, up from ¥1,006,031,803.85 in 2020, reflecting an increase of approximately 29.1%[22] - The net cash flow from investing activities was negative CNY 86,206,724.80, slightly worse than the negative CNY 81,110,498.36 recorded in the same period last year[23] - Cash inflow from financing activities totaled CNY 466,899,659.27, compared to CNY 467,458,907.11 in Q3 2020, indicating stable financing operations[23] - The company paid CNY 430,636,433.33 in debt repayments during Q3 2021, significantly higher than CNY 214,777,511.79 in Q3 2020[23] Assets and Liabilities - The total assets at the end of Q3 2021 were CNY 1,344,816,580.83, down 5.37% from the end of the previous year[5] - The total assets of the company as of Q3 2021 were CNY 1,421,125,739.60, a slight decrease from CNY 1,428,988,776.85 at the end of the previous year[27] - The total liabilities increased to CNY 741,586,728.23 from CNY 749,449,765.48, reflecting a minor adjustment in the company's financial structure[27] - The total liabilities decreased slightly to RMB 736,268,701.42 from RMB 741,586,728.23, a reduction of approximately 0.7%[15] - The company's total equity decreased to RMB 608,547,879.41 from RMB 679,539,011.37, reflecting a decline of about 10.4%[15] - The company's total equity remained stable at CNY 679,539,011.37, unchanged from the previous year[27] Current Assets and Inventory - As of September 30, 2021, total current assets amounted to RMB 561,337,537.23, a decrease from RMB 690,947,058.84 at the end of 2020, reflecting a decline of approximately 18.7%[13] - The company's cash and cash equivalents were reported at RMB 123,258,870.15, significantly down from RMB 290,502,527.82 at the end of 2020, indicating a decrease of about 57.5%[13] - Accounts receivable increased to RMB 168,684,422.79 from RMB 164,181,201.98, showing a growth of approximately 2.9% year-over-year[13] - Inventory levels rose to RMB 218,303,710.21, compared to RMB 201,571,542.27 at the end of 2020, marking an increase of about 8.3%[13] Expenses and Losses - The significant losses in net profit were primarily due to increased employee compensation, advertising expenses, and stock incentive costs[8] - Research and development expenses for the first three quarters of 2021 totaled ¥13,354,246.24, compared to ¥10,771,544.28 in 2020, marking an increase of about 24.0%[18] - The company incurred a financial expense of ¥16,241,394.28 in the first three quarters of 2021, slightly down from ¥16,501,257.65 in the previous year[18] - The company experienced a credit impairment loss of -¥3,449,239.05 in the first three quarters of 2021, compared to -¥615,596.72 in 2020, indicating a significant increase in credit losses[18] Changes in Financial Standards - The company implemented new leasing standards starting January 1, 2021, which did not have a significant impact on the financial statements[27]