苏州科达(603660) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥462,712,155.45, a decrease of 30.40% compared to the same period last year[5] - The net profit attributable to shareholders was -¥55,718,297.13, reflecting a decline of 557.08% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥69,109,872.75, a decrease of 1,143.34% compared to the previous year[6] - Basic and diluted earnings per share were both -¥0.1127, down 563.79% from the same period last year[6] - The net loss for the first three quarters of 2021 was ¥113,650,211.64, slightly worse than the net loss of ¥111,407,217.07 in the same period of 2020[23] - The total comprehensive income for the third quarter of 2021 was approximately -CNY 113.56 million, slightly worse than -CNY 111.03 million in the same quarter of 2020[28] - The basic and diluted earnings per share for the third quarter of 2021 were both -CNY 0.2184, compared to -CNY 0.2165 in the same quarter of 2020[28] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,284,026,685.31, a decrease of 6.84% from the end of the previous year[6] - The total amount of cash and cash equivalents was not specified but is included in the current assets[32] - Total assets decreased to ¥3,284,026,685.31 in Q3 2021 from ¥3,525,122,514.84 in Q3 2020, a decline of approximately 6.9%[22] - Total liabilities decreased to ¥1,521,171,695.99 in Q3 2021 from ¥1,579,837,409.91 in Q3 2020, a reduction of about 3.7%[21] - The company's inventory increased to ¥862,732,895.80 in Q3 2021 from ¥678,157,698.92 in Q3 2020, representing a rise of 27.2%[20] - Long-term receivables decreased to ¥290,652,954.19 in Q3 2021 from ¥309,884,101.67 in Q3 2020, a decline of 6.2%[20] - The total equity attributable to shareholders decreased to ¥1,746,593,982.24 in Q3 2021 from ¥1,924,141,500.01 in Q3 2020, a decrease of approximately 9.2%[21] Cash Flow - The company reported a cash flow from operating activities of -¥413,040,285.21 for the year-to-date[6] - The net cash flow from operating activities decreased by 34.13% due to increased procurement of raw materials and higher expenses compared to the same period last year[12] - The net cash flow from operating activities for the first three quarters of 2021 was approximately -CNY 413 million, worsening from -CNY 308 million in the same period of 2020[28] - The company reported a total cash outflow from operating activities of approximately CNY 2.25 billion in the first three quarters of 2021, compared to CNY 1.85 billion in the same period of 2020[28] - The net cash flow from investing activities in the first three quarters of 2021 was approximately CNY 101.41 million, a significant improvement from -CNY 288.87 million in the same period of 2020[29] - The net cash flow from financing activities for the first three quarters of 2021 was approximately -CNY 62.68 million, a decline from a positive CNY 444.02 million in the same period of 2020[29] Shareholder Information - The top shareholder, Chen Donggen, holds 26.27% of the total shares, amounting to 129,811,628 shares[12] - The company issued 5.16 million convertible bonds with a total value of RMB 51,600,000, which have a conversion period of 6 years[14] - As of September 30, 2021, the total amount of unconverted convertible bonds was RMB 515,704,000, representing 99.94% of the total issued[14] - The first employee stock ownership plan has a maximum fundraising limit of RMB 42 million, with participation from up to 268 employees[15] - The company has not yet completed the transfer procedures for the first employee stock ownership plan, which is still in progress[16] Market Conditions and Strategies - The decline in revenue was primarily due to external market conditions affecting the progress of certain business operations[10] - The company's third-quarter revenue declined by 30.40% year-over-year, impacted by being added to the "Entity List" by the U.S. Department of Commerce, affecting product development and supply chain[17] - The company plans to replace hardware facilities with domestically produced products to mitigate risks from the "Entity List" incident[17] - The company did not report any new product developments or market expansion strategies during this quarter[10] Research and Development - Research and development expenses amounted to ¥555,904,661.20 in the first three quarters of 2021, compared to ¥502,861,985.69 in 2020, indicating a growth of 10.5%[22]