三星新材(603578) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was approximately ¥150.81 million, a decrease of 1.60% compared to the same period last year, while year-to-date revenue increased by 43.34% to ¥423.89 million[4] - The net profit attributable to shareholders for Q3 2021 was approximately ¥19.80 million, down 21.50% year-on-year, with a year-to-date net profit of ¥84.70 million, an increase of 23.60% compared to the previous year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately ¥16.94 million for Q3 2021, a decrease of 30.00% year-on-year, while year-to-date it was ¥72.46 million, up 28.53%[4] - The basic earnings per share for Q3 2021 was ¥0.15, down 21.05% from ¥0.19 in the same period last year, while the diluted earnings per share was ¥0.14, down 26.32%[5] - Total operating revenue for the first three quarters of 2021 reached ¥607,598,260.55, a significant increase of 43.4% compared to ¥423,889,705.48 in the same period of 2020[20] - Net profit for the first three quarters of 2021 was ¥82,247,841.47, representing a 25.4% increase from ¥65,545,727.27 in the same period of 2020[22] - Earnings per share for the first three quarters of 2021 were ¥0.66, compared to ¥0.54 in the same period of 2020[22] Assets and Liabilities - The company's total assets at the end of Q3 2021 were approximately ¥1.22 billion, an increase of 4.60% from the end of the previous year[5] - As of September 30, 2021, the total assets of the company amounted to RMB 1,220,390,276.18, an increase from RMB 1,166,753,401.15 at the end of 2020[16] - The company's total liabilities as of the end of the third quarter of 2021 amounted to ¥403,521,079.06, an increase from ¥395,603,478.18 at the end of the previous year[19] - The total equity attributable to shareholders reached ¥802,535,548.35, up from ¥754,362,462.16 in the same period of 2020[19] - The company reported a total capital stock of 91,738,503.00 and a capital reserve of 346,709,138.92[29] - The total amount of other payables was 16,440,922.04, including payable dividends of 390,600.00[29] Cash Flow - The net cash flow from operating activities for the year-to-date period was negative at approximately -¥48.57 million, a significant decrease of 236.94% compared to the previous year[4] - Cash flow from operating activities for the first three quarters of 2021 was ¥457,320,828.33, compared to ¥313,656,203.91 in the same period of 2020[23] - Operating cash inflow for Q3 2021 totaled CNY 481,256,877.05, an increase from CNY 331,956,854.19 in Q3 2020, representing a growth of approximately 45%[24] - Net cash outflow from operating activities was CNY -48,570,573.73, compared to a positive cash flow of CNY 35,468,040.48 in the same period last year[24] - Total cash and cash equivalents at the end of Q3 2021 were CNY 36,430,999.07, down from CNY 134,567,559.33 at the end of Q3 2020[25] Investments and Acquisitions - The company acquired a 20% stake in Qingdao Weisheng Electronics Plastic Co., Ltd. for ¥11.32 million, which will be included in the consolidated financial statements[6] - The company completed the acquisition of a 20% stake in Qingdao Weisheng for RMB 11,324,800, increasing its ownership to 60%[13] - Qingdao Weisheng reported a revenue of RMB 148,404,377.73 in 2020, with a net loss of RMB 10,582,361.21[13] Research and Development - Research and development expenses for the first three quarters of 2021 were ¥18,073,452.99, an increase of 53.0% compared to ¥11,819,336.64 in the same period of 2020[20] Other Financial Metrics - The company reported non-recurring gains of approximately ¥2.86 million for Q3 2021, a decrease from ¥12.24 million in the same period last year[9] - The company experienced a decrease in gross profit margin, which impacted the net profit attributable to shareholders after deducting non-recurring gains and losses[9] - The increase in operating revenue was primarily driven by the completion of initial projects and increased production capacity, leading to a rise in sales orders[9] - The company's accounts receivable increased to RMB 182,823,742.96 from RMB 155,063,349.73 year-over-year[16] - The company’s inventory as of September 30, 2021, was RMB 96,174,014.27, up from RMB 80,986,592.88[17] - The company’s cash and cash equivalents were reported at RMB 133,249,401.87, down from RMB 142,850,078.66 at the end of 2020[16] - The company’s short-term borrowings stood at RMB 60,434,083.10, slightly decreased from RMB 60,640,525.21[17] - The company’s total liabilities included accounts payable of RMB 108,992,014.00, which increased from RMB 72,380,000.00[17]