长源东谷(603950) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥319,630,073.16, a decrease of 30.26% compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2021 was ¥24,356,054.41, down 61.26% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥24,988,120.45, a decrease of 57.02% compared to the same period last year[5] - Basic and diluted earnings per share for Q3 2021 were both ¥0.11, reflecting a decline of 61.26% year-on-year[6] - Total operating revenue for the first three quarters of 2021 reached ¥1,284,528,261.57, an increase of 6.03% compared to ¥1,211,454,352.52 in the same period of 2020[19] - Net profit for the first three quarters of 2021 was ¥221,530,488.26, slightly higher than ¥221,404,984.96 in the same period of 2020, reflecting a growth of 0.06%[21] - The total profit for the first three quarters of 2021 was ¥262,481,602.91, compared to ¥257,149,839.09 in the same period of 2020, marking an increase of 2.57%[21] Cash Flow and Liquidity - Cash flow from operating activities for the year-to-date period was ¥361,530,810.52, an increase of 36.76% compared to the same period last year[6] - Cash flow from operating activities totaled ¥1,438,768,786.98, an increase of 37.83% compared to ¥1,044,387,587.44 in the first three quarters of 2020[25] - The net cash flow from operating activities was CNY 361,530,810.52, an increase of 36.8% compared to CNY 264,351,217.05 in the previous year[26] - The net increase in cash and cash equivalents was CNY 2,005,656.39, down from CNY 415,133,170.25 in the same quarter last year[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,742,683,147.04, representing a 3.68% increase from the end of the previous year[6] - As of September 30, 2021, total assets amounted to RMB 3,742,683,147.04, an increase from RMB 3,610,011,554.78 at the end of 2020[17] - Total liabilities decreased to RMB 1,506,714,600.57 from RMB 1,569,773,496.59 at the end of 2020, indicating a reduction in financial obligations[17] - Total current liabilities decreased to RMB 882,377,153.34 from RMB 911,627,219.86, indicating better short-term financial management[17] - The total assets amounted to CNY 3,610,011,554.78, slightly down from CNY 3,616,306,986.17[29] - Total liabilities were CNY 1,569,773,496.59, compared to CNY 1,576,068,927.98, showing a decrease in overall liabilities[30] Equity and Investments - The equity attributable to shareholders at the end of the reporting period was ¥2,222,369,015.56, up 10.52% from the previous year[6] - The company's total equity rose to RMB 2,235,968,546.47 from RMB 2,040,238,058.19, indicating a strengthening of the financial position[17] - Long-term investments increased to RMB 56,288,305.22 from RMB 50,389,982.98, reflecting a commitment to growth initiatives[16] - The company's total equity stood at CNY 2,040,238,058.19, unchanged from the previous reporting period[30] Operational Efficiency - The decline in revenue and profit was attributed to the implementation of the National VI emission standards, which led to a decrease in customer orders and sales[10] - Accounts receivable decreased significantly to RMB 351,991,426.43 from RMB 548,479,235.95, reflecting improved collection efficiency[15] - Inventory increased to RMB 296,388,138.05 from RMB 233,502,830.87, suggesting potential growth in sales or production[15] - The company incurred a credit impairment loss of ¥10,420,763.42, contrasting with a gain of ¥7,023,006.16 in the previous year[19] Research and Development - Research and development expenses for the first three quarters of 2021 were ¥66,816,428.93, up 6.52% from ¥62,772,730.40 in the same period of 2020[19] Tax and Other Expenses - The company's tax expenses for the first three quarters of 2021 were ¥40,951,114.65, up from ¥35,744,854.13 in the same period of 2020[21] Non-Recurring Items - The company reported non-recurring gains of ¥2,301,693.16 from government subsidies during the year-to-date period[8] - The company implemented new leasing standards starting from 2021, affecting the financial statements[28]