五洲特纸(605007) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was CNY 1,049,100,656.14, representing a year-on-year increase of 27.52%[5] - The net profit attributable to shareholders for the same period was CNY 53,012,524.64, showing a decline of 31.56% compared to the previous year[5] - The basic earnings per share for Q3 2021 was CNY 0.13, down 36.36% year-on-year[6] - The company's net profit for the year-to-date was CNY 314,121,288.78, which is up 28.69% compared to the same period last year[5] - Total operating revenue for the first three quarters of 2021 reached ¥2,684,033,249.16, a significant increase from ¥1,977,562,068.77 in the same period of 2020, representing a growth of approximately 35.6%[24] - Net profit for the first three quarters of 2021 was ¥314,121,288.78, up from ¥244,088,795.98 in 2020, reflecting a growth of approximately 28.6%[25] - The company reported a total profit of ¥401,003,867.81 for the first three quarters of 2021, compared to ¥316,710,537.40 in 2020, indicating an increase of approximately 26.5%[25] Assets and Liabilities - The total assets at the end of the reporting period amounted to CNY 3,760,922,229.16, an increase of 10.76% from the end of the previous year[6] - As of September 30, 2021, total assets amounted to RMB 3,760,922,229.16, an increase from RMB 3,395,584,798.92 as of December 31, 2020, reflecting a growth of approximately 10.74%[19] - The company reported a total current liabilities of RMB 882,230,799.34, up from RMB 761,050,379.63, which is an increase of approximately 15.87%[19] - The total liabilities as of the end of the third quarter of 2021 were ¥1,879,255,860.02, compared to ¥1,708,036,718.56 at the end of the same period in 2020, representing an increase of approximately 10%[21] - Total liabilities amounted to 1,708,036,718.56, with current liabilities at 1,496,649,782.02[33] - The company’s total current liabilities represent approximately 87.7% of total liabilities[33] Cash Flow - The cash flow from operating activities for the year-to-date was CNY 314,277,810.74, reflecting a significant increase of 52.76%[6] - Operating cash inflow for the first three quarters of 2021 reached CNY 2,901,081,594.46, a 48.1% increase from CNY 1,958,074,239.65 in the same period of 2020[29] - Net cash flow from operating activities was CNY 314,277,810.74, up 52.7% from CNY 205,737,019.69 year-on-year[29] - Cash inflow from financing activities was CNY 1,147,116,269.39, compared to CNY 1,007,832,472.38 in the same period last year[30] - The company reported a net cash flow from financing activities of -CNY 19,651,477.35, an improvement from -CNY 93,398,864.47 in the previous year[30] Costs and Expenses - The increase in operating revenue was primarily attributed to capacity release and increased sales volume[10] - The decline in net profit was mainly due to rising raw material and energy costs during the reporting period[10] - Total operating costs for the first three quarters of 2021 were ¥2,286,767,980.78, compared to ¥1,672,818,960.86 in 2020, indicating an increase of about 36.6%[24] - Financial expenses for the third quarter of 2021 were ¥30,848,794.21, compared to ¥16,785,251.88 in the same period of 2020, indicating an increase of about 83.8%[25] - Research and development expenses for the first three quarters of 2021 amounted to ¥39,710,200.13, significantly higher than ¥6,693,686.58 in 2020, showing an increase of approximately 493.5%[24] Shareholder Information - The company reported a total of 13,500 common shareholders at the end of the reporting period[12] - Total equity attributable to shareholders reached ¥1,881,666,369.14, up from ¥1,687,548,080.36 in 2020, reflecting a growth of about 11.5%[21] - The company’s total equity represents approximately 49.6% of total assets[34] Future Plans and Approvals - The company plans to issue convertible bonds with a total fundraising amount not exceeding RMB 670 million, as approved in the board meetings held on June 15 and July 1, 2021[15][16] - The company has received approval from the China Securities Regulatory Commission for the issuance of convertible bonds, pending formal documentation[17]