迎丰股份(605055) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥375,718,453.23, representing a year-on-year increase of 60.75%[4] - The net profit attributable to shareholders for Q3 2021 was ¥5,913,030.62, a decrease of 77.55% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥6,924,635.10, down 72.99% year-on-year[4] - The basic earnings per share for Q3 2021 was ¥0.01, reflecting a decline of 85.71% compared to the previous year[5] - The net profit for Q3 2021 was CNY 61,968,662.66, an increase of 8.1% compared to CNY 57,128,782.38 in Q3 2020[19] - Operating profit for Q3 2021 reached CNY 73,527,197.49, up from CNY 69,350,975.97 in the same period last year[19] - Basic earnings per share for Q3 2021 were CNY 0.14, down from CNY 0.16 in Q3 2020[21] Revenue and Costs - The company experienced a 54.72% increase in operating revenue for the year-to-date period, driven by sales growth[8] - Total operating revenue for the first three quarters of 2021 reached RMB 825,325,364.17, a significant increase of 55% compared to RMB 533,426,771.42 in the same period of 2020[18] - Total operating costs for the first three quarters of 2021 were RMB 777,003,452.65, up from RMB 469,874,458.51 in the previous year, reflecting a 65% increase[18] Assets and Liabilities - The total assets as of the end of the reporting period increased by 30.22% to ¥2,097,263,821.66, primarily due to the issuance of new shares[5] - Current assets as of September 30, 2021, totaled RMB 552,602,216.43, compared to RMB 248,232,180.72 at the end of 2020, indicating a growth of 122%[14] - Non-current assets increased to RMB 1,544,661,605.23 from RMB 1,362,276,716.08, representing a growth of 13%[15] - Total liabilities as of September 30, 2021, were RMB 968,187,210.89, compared to RMB 870,392,448.69 at the end of 2020, reflecting an increase of 11%[16] - Shareholders' equity increased to RMB 1,129,076,610.77 from RMB 740,116,448.11, showing a growth of 53%[16] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥228,619,209.05, an increase of 80.31%[5] - The net cash flow from operating activities for Q3 2021 was CNY 228,619,209.05, compared to CNY 126,791,650.53 in Q3 2020, reflecting a growth of 80%[23] - The net cash flow from financing activities for Q3 2021 was CNY 274,525,097.26, compared to CNY 116,559,780.65 in Q3 2020, showing a growth of 135%[23] Non-Recurring Gains and Expenses - The company reported non-recurring gains of ¥1,619,707.38 for the current period, with a total of ¥24,849,773.22 for the year-to-date[6] - The significant decrease in net profit was attributed to rising costs of raw materials and energy[8] - Research and development expenses for Q3 2021 were CNY 32,527,754.13, compared to CNY 21,887,305.79 in Q3 2020, indicating a year-over-year increase of 48.7%[19] - The company’s financial expenses in Q3 2021 amounted to CNY 8,544,499.98, an increase from CNY 6,878,698.73 in Q3 2020[19] Investment Activities - The total cash inflow from investment activities for the first nine months of 2021 was CNY 583,775,472.60, compared to CNY 313,652,638.37 in the same period last year[23] - Cash and cash equivalents rose to RMB 153,800,411.49 from RMB 105,244,944.92, an increase of 46%[14] - The company reported a total cash and cash equivalents balance of CNY 117,345,411.49 at the end of Q3 2021, up from CNY 70,494,500.13 at the end of Q3 2020[23]