兴业股份(603928) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥502,277,389.50, representing a year-on-year increase of 23.82%[2] - The net profit attributable to shareholders for Q3 2021 was ¥32,238,992.61, a decrease of 9.29% compared to the same period last year[2] - The net profit after deducting non-recurring gains and losses for Q3 2021 was ¥30,853,384.96, down 7.56% year-on-year[2] - The company reported a significant increase in operating revenue year-to-date, up 34.58%, driven by increased product sales and rising raw material prices[6] - Total revenue for the first three quarters of 2021 reached ¥1,417,935,757.01, a significant increase from ¥1,053,632,343.18 in the same period of 2020, representing a growth of approximately 34.5%[17] - Operating profit for the third quarter was ¥101,114,616.90, down from ¥129,377,632.87 in the previous year, indicating a decrease of about 21.8%[18] - Net profit for the first three quarters of 2021 was ¥86,359,145.03, compared to ¥106,871,333.24 in the same period of 2020, reflecting a decline of approximately 19.2%[18] - The total comprehensive income attributable to the parent company for Q3 2021 was CNY 86,359,145.03, compared to CNY 106,871,333.24 in Q3 2020, reflecting a decrease of approximately 19.2%[19] Assets and Liabilities - The total assets as of September 30, 2021, amounted to ¥1,801,452,123.87, reflecting a 9.87% increase from the end of the previous year[3] - Total assets as of the end of the third quarter amounted to ¥1,801,452,123.87, up from ¥1,639,625,135.46 at the end of the previous year, an increase of approximately 9.9%[13] - Total liabilities increased to ¥344,363,140.81 from ¥239,398,354.46, representing a growth of about 43.8%[13] - The company's total equity reached ¥1,457,088,983.06, compared to ¥1,400,226,781.00 in the previous year, showing an increase of approximately 4.1%[14] - The total equity attributable to shareholders increased to ¥1,457,088,983.06, a rise of 4.06% from the previous year-end[3] Earnings and Expenses - The weighted average return on equity for Q3 2021 was 2.24%, a decrease of 0.35 percentage points compared to the same period last year[3] - The company's basic earnings per share for Q3 2021 was ¥0.16, down 11.11% year-on-year[3] - Basic and diluted earnings per share for Q3 2021 were both CNY 0.43, down from CNY 0.53 in Q3 2020, indicating a decline of about 18.9%[19] - Research and development expenses increased to ¥45,573,078.92 in 2021 from ¥31,175,398.36 in 2020, marking a rise of about 46.2%[18] - The company reported a financial expense of ¥658,194.06, which increased from ¥435,658.72 in the previous year, reflecting a rise of approximately 50.9%[18] Cash Flow - The cash flow from operating activities for the year-to-date period decreased by 96.67%, totaling ¥3,824,654.73, primarily due to increased cash payments for raw materials[6] - Cash inflow from operating activities for the first three quarters of 2021 was CNY 1,509,156,951.34, an increase of 30.7% compared to CNY 1,154,264,794.53 in the same period of 2020[23] - Net cash flow from operating activities for the first three quarters of 2021 was CNY 3,824,654.73, a significant decrease of 96.7% from CNY 114,910,049.69 in the previous year[23] - Cash inflow from investment activities for the first three quarters of 2021 was CNY 274,172,351.24, down 50.9% from CNY 556,233,012.83 in the same period of 2020[23] - Net cash flow from investment activities for the first three quarters of 2021 was CNY 47,812,014.07, compared to a negative cash flow of CNY 37,575,320.61 in the same period of 2020[24] - Cash and cash equivalents at the end of Q3 2021 totaled CNY 30,097,486.81, down 38.4% from CNY 48,779,482.68 at the end of Q3 2020[24] - The company reported a cash outflow of CNY 30,240,000.00 for financing activities in Q3 2021, an improvement from a cash outflow of CNY 40,320,000.00 in Q3 2020[24] Government Support and Standards - The company received government subsidies amounting to ¥456,532.12 during the reporting period, contributing to its financial performance[5] - The company has not applied the new leasing standards starting from 2021, indicating a potential area for future financial reporting adjustments[24] - The company did not report any net profit from subsidiaries prior to the merger in the current or previous periods[19]