吉华集团(603980) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥547,465,947.23, a decrease of 1.59% compared to the same period last year[5]. - Net profit attributable to shareholders was ¥9,940,994.40, down 84.75% year-on-year[5]. - The net profit after deducting non-recurring gains and losses was -¥14,739,712.55, a decline of 158.94% compared to the previous year[5]. - Basic earnings per share were ¥0.01, a decrease of 84.92% from the same period last year[6]. - Total operating revenue for the first three quarters of 2021 reached ¥1,708,862,981.72, a 30.7% increase from ¥1,306,997,498.74 in the same period of 2020[19]. - Net profit for the third quarter of 2021 was ¥149,067,562.71, compared to ¥144,869,807.52 in the same quarter of 2020, showing a growth of 2.5%[20]. - The company reported a total comprehensive income of ¥149,067,562.71 for the third quarter of 2021, compared to ¥144,869,807.52 in the same quarter of 2020, representing a 2.5% increase[21]. Assets and Liabilities - Total assets at the end of the reporting period were ¥5,488,896,597.57, an increase of 1.29% from the end of the previous year[6]. - The company's total assets as of September 30, 2021, amounted to 5.49 billion, an increase from 5.42 billion at the end of 2020[15]. - The total current liabilities increased to 876.95 million from 821.43 million in the previous period[16]. - The total liabilities as of the end of the third quarter of 2021 were ¥955,141,683.75, compared to ¥915,421,694.01 at the end of the third quarter of 2020, reflecting a 4.3% increase[20]. - The total equity attributable to shareholders of the parent company was ¥4,500,525,985.92, up from ¥4,466,489,605.84 in the previous year, marking a 0.8% increase[20]. Cash Flow - The net cash flow from operating activities was -127.59 million, primarily due to sales collections being flat compared to last year while payment for goods increased[11]. - The cash flow from investing activities was -183.87 million, mainly due to a gradual decrease in investment in real estate assets influenced by policy changes[11]. - The cash flow from financing activities was -41.03 million, attributed to a decrease in the dividend payout ratio compared to the same period last year[11]. - The total cash and cash equivalents at the end of the period was -59.86 million, reflecting a decrease in net cash flow from operating activities[11]. - The net cash flow from operating activities for the first three quarters of 2021 was -¥33,718,493.02, a significant decrease compared to ¥122,199,183.10 in the same period of 2020[22]. - Cash received from operating activities totaled ¥670,445,983.66 for the first three quarters of 2021, down from ¥721,365,859.89 in 2020, reflecting a decrease of 7.0%[22]. Investment Activities - The company reported a decrease in cash flow from investment activities due to reduced investment in real estate assets, indicating a strategic shift in investment focus[11]. - The net investment income for the first three quarters of 2021 was ¥203,853,063.08, significantly higher than ¥80,977,641.80 in the same period of 2020, indicating a growth of 151.5%[20]. - Investment activities generated a net cash flow of $118,375,207.58, compared to a negative cash flow of $141,135,495.92 in the previous year[23]. - The total cash outflow from investment activities was $2,798,100.00, compared to $4,410,000.00 in the previous year[23]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 27,979[12]. - The largest shareholder, Hangzhou Jinhui Electromechanical Equipment Co., Ltd., holds 196 million shares, representing 28.00% of the total shares[12]. Operating Costs and Expenses - Operating income increased by 30.75% year-to-date, attributed to higher product sales volume[10]. - Operating costs rose by 46.32%, driven by increased sales volume and rising raw material prices[10]. - Total operating costs for the first three quarters of 2021 were ¥1,675,495,980.82, up from ¥1,200,910,091.52 in 2020, reflecting a 39.4% increase[19]. - Research and development expenses for the first three quarters of 2021 amounted to ¥77,698,350.25, an increase from ¥60,506,267.78 in 2020, indicating a 28.4% rise[20]. Financial Expenses - Financial expenses decreased by 73.50%, mainly due to reduced investment income and exchange gains[10]. Other Financial Metrics - The company experienced a 99.43% increase in non-operating income, primarily from fines and confiscated income[10]. - Cash outflows for dividend distribution and interest payments were $118,246,561.40, down from $309,852,565.75 in the previous year[23]. - The company did not apply the new leasing standards starting from 2021[23].