长鸿高科(605008) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 reached ¥531,365,397.19, representing a year-over-year increase of 68.67%[6] - Net profit attributable to shareholders was ¥77,372,590.72, showing a slight decrease of 1.51% compared to the same period last year[6] - The net profit excluding non-recurring gains and losses was ¥71,615,656.19, which increased by 8.51% year-over-year[6] - Total operating revenue for the first three quarters of 2021 reached ¥1,306,533,231.04, a significant increase from ¥883,520,706.13 in the same period of 2020, representing a growth of approximately 47.7%[35] - Net profit for the third quarter of 2021 was ¥161,013,102.84, compared to ¥157,418,499.51 in the previous year, reflecting a slight increase of 1%[38] - Earnings per share (EPS) for the third quarter was ¥0.25, consistent with the previous quarter's EPS of ¥0.26[40] Assets and Liabilities - The total assets of the company at the end of the reporting period were ¥3,132,095,210.20, reflecting a growth of 37.27% compared to the end of the previous year[8] - The total liabilities of the company as of September 30, 2021, were RMB 1,472,290,884.42, reflecting a significant increase from the previous year[30] - Total liabilities increased to ¥1,331,441,112.80 from ¥528,971,654.81, showing a growth of about 151.0%[33] - The total equity rose to ¥1,800,654,097.40, compared to ¥1,752,652,704.14, indicating an increase of approximately 2.9%[33] - The company’s total current and non-current liabilities indicate a comprehensive approach to managing financial obligations[50] Cash Flow - The company reported a net cash flow from operating activities of -¥81,876,923.01, indicating a significant cash outflow[8] - Cash flow from operating activities amounted to ¥1,120,772,930.73, a substantial increase from ¥608,119,401.37 in the same period last year, marking an increase of approximately 84.0%[41] - The net cash flow from operating activities was -81,876,923.01 RMB, compared to -59,703,223.93 RMB in the previous period, indicating a decline in operational performance[43] - Total cash inflow from investment activities was 112,595,616.44 RMB, while cash outflow was 575,324,822.73 RMB, resulting in a net cash flow of -462,729,206.29 RMB[43] - The net cash flow from financing activities was 513,563,936.28 RMB, a decrease from 569,283,927.31 RMB in the previous period, reflecting changes in financing strategies[45] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,335[17] - The company received government subsidies amounting to ¥6,886,864.15 during the reporting period[10] Operational Metrics - The increase in revenue was primarily driven by new trade income and rising product prices, with a 16.67% growth when excluding trade income factors[16] - Operating costs for the same period were ¥1,126,087,608.40, up from ¥687,867,448.68, indicating a rise of about 63.6%[35] - The company has initiated trial production for its PBAT project, which has an annual capacity of 120,000 tons, starting from September 11, 2021[24] Asset Management - Current assets reached RMB 1,472,290,884.42, compared to RMB 1,252,140,998.04 at the end of 2020, indicating an increase of about 17.6%[30] - The company's cash and cash equivalents were RMB 412,081,907.30, slightly down from RMB 423,556,734.15 at the end of 2020, reflecting a decrease of approximately 3.5%[26] - Accounts receivable increased significantly to RMB 389,917,626.08 from RMB 186,572,575.28, marking an increase of about 108.9%[26] - Inventory levels rose to RMB 265,991,705.39, up from RMB 139,201,315.73, which is an increase of approximately 91.1%[30] Financial Obligations - Short-term borrowings increased to RMB 337,118,802.58 from RMB 244,713,341.85, representing an increase of approximately 37.6%[30] - Long-term borrowings surged to ¥611,386,632.75 from ¥72,916,227.21, representing an increase of about 738.0%[33] - The company reported a credit impairment loss of ¥8,317,241.90, worsening from a loss of ¥5,928,832.21 in the previous year[38] - Deferred income decreased slightly to ¥38,679,333.08 from ¥40,914,231.53, a decline of about 5.5%[33]