园林股份(605303) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥98,287,403.72, a decrease of 66.03% compared to the same period last year[3] - The net profit attributable to shareholders was -¥16,712,334.48, reflecting a decline of 155.50% year-over-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥17,583,125.32, down 160.02% from the previous year[3] - Basic earnings per share for the period were -¥0.08, a decrease of 132.00% compared to the same period last year[4] - The diluted earnings per share also stood at -¥0.08, marking a 132.00% decline year-over-year[4] - The weighted average return on equity was -1.02%, a decrease of 4.05 percentage points compared to the previous year[4] - Total operating revenue for the first three quarters of 2021 was CNY 719,856,268.54, a decrease of 26.2% compared to CNY 975,993,188.74 in the same period of 2020[21] - Net profit for the third quarter of 2021 was CNY 16,003,374.39, a decline of 78.6% compared to CNY 74,819,099.49 in the same quarter of 2020[22] - Total comprehensive income for Q3 2021 was CNY 16,003,374.39, a decrease from CNY 74,819,099.49 in the same period last year[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,021,735,755.93, an increase of 2.97% from the end of the previous year[4] - The company's total assets as of the end of the third quarter of 2021 amounted to CNY 3,021,735,755.93, an increase from CNY 2,934,555,938.28 at the end of 2020[19] - Total liabilities as of the end of the third quarter of 2021 were CNY 1,390,169,425.11, down from CNY 1,887,652,712.27 at the end of 2020[19] - The company’s total liabilities included short-term borrowings of CNY 51,871,266.71 and accounts payable of CNY 1,224,562,041.97 as of Q3 2021[30] - Total liabilities amounted to approximately ¥1,887.65 million, with non-current liabilities at ¥204.56 million[31] - Current liabilities totaled ¥1,683.10 million, indicating a significant portion of the company's financial obligations[31] Shareholder Information - The total number of common shareholders at the end of the reporting period is 16,595[10] - The largest shareholder, Hangzhou Garden Investment Group Co., Ltd., holds 48.63% of shares, totaling 78,402,600 shares, with 6,000,000 shares pledged[10] - The top ten shareholders collectively hold a significant portion of the company's shares, with the top three alone accounting for over 61%[10] - The controlling shareholder plans to use between RMB 784,100 and RMB 2,352,000 for share repurchases, not exceeding 2% of the total share capital[15] - The lock-up period for shares held by major shareholders has been extended by 6 months due to the stock price condition, now set to expire on September 1, 2024[12] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥291,288,972.57, indicating a significant cash outflow[3] - Cash inflow from operating activities totaled CNY 795,366,596.13, while cash outflow was CNY 1,086,655,568.70 for Q3 2021[26] - Cash flow from investing activities resulted in a net outflow of CNY -55,716,914.13, compared to a net inflow of CNY 22,492,268.24 in the previous year[27] - Cash flow from financing activities generated a net inflow of CNY 465,985,134.96, significantly higher than CNY 63,174,194.11 in Q3 2020[27] - The ending balance of cash and cash equivalents as of Q3 2021 was CNY 443,517,891.35, up from CNY 171,861,118.01 at the end of Q3 2020[27] Company Strategy and Operations - The decline in revenue and profit was primarily attributed to a decrease in engineering construction volume and increased sales and management expenses due to business expansion and organizational restructuring[8] - The company has not disclosed any new product developments or market expansion strategies in the current report[10] - The company plans to focus on market expansion and new product development in the upcoming quarters[20] - The company has initiated measures to stabilize its stock price, including share repurchases by directors and senior management[14] Accounting and Financial Reporting - The financial statements are unaudited, indicating a need for caution in interpreting the financial data presented[16] - The company implemented the revised accounting standards for leases effective January 1, 2021, impacting various financial statement items[32]