京源环保(688096) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥128,946,436.33, representing a year-on-year increase of 72.75%[5] - The net profit attributable to shareholders for the same period was ¥12,054,852.38, showing a decrease of 6.82% compared to the previous year[5] - The net profit after deducting non-recurring gains and losses was ¥9,470,707.45, down 15.29% year-on-year[5] - Total revenue for the first three quarters of 2021 reached ¥264,062,526.84, an increase of approximately 28.5% compared to ¥204,996,486.07 in the same period of 2020[20] - Net profit for the third quarter of 2021 was ¥32,809,437.01, a decrease of 9.8% from ¥36,022,650.95 in the same quarter of 2020[22] - Basic and diluted earnings per share for the third quarter of 2021 were both ¥0.31, down from ¥0.38 in the same quarter of 2020[23] Expenses and Costs - Research and development expenses totaled ¥7,637,256.74 for the quarter, an increase of 77.36% year-on-year, accounting for 5.92% of operating revenue[6] - The decline in net profit was primarily due to increased costs associated with expanding the R&D team and materials[11] - Total operating costs for the first three quarters of 2021 were ¥225,812,704.72, up from ¥166,308,305.70 in 2020, reflecting a significant increase in operational expenses[21] - Research and development expenses for the third quarter of 2021 were ¥14,668,011.74, compared to ¥10,096,279.75 in the same quarter of 2020, indicating a focus on innovation[21] - The company paid approximately $40.73 million in employee compensation during Q3 2021, an increase from $26.61 million in Q3 2020, representing a rise of about 53.1%[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,097,646,681.47, reflecting a 10.70% increase from the end of the previous year[6] - Total assets as of the end of the third quarter of 2021 amounted to ¥1,097,646,681.47, compared to ¥991,582,202.50 at the end of the previous year[18] - Total liabilities increased to ¥329,300,800.84 in the third quarter of 2021, up from ¥259,547,339.99 in the same period of 2020[18] - Non-current assets totaled ¥280,460,428.41, an increase from ¥239,442,939.07 in the previous year[18] - The company reported a significant increase in short-term borrowings, which rose to ¥128,000,000.00 from ¥68,079,513.18 in the previous year[18] Cash Flow - The company reported a cash flow from operating activities net amount of -¥121,035,530.42 for the year-to-date period[6] - Cash inflow from operating activities for the first three quarters of 2021 was approximately $208.42 million, up from $146.39 million in the same period of 2020, representing an increase of about 42.4%[25] - Net cash outflow from operating activities for Q3 2021 was approximately -$121.04 million, compared to -$90.96 million in Q3 2020, indicating a worsening of 33.0%[26] - Cash inflow from investment activities in Q3 2021 was approximately $218.13 million, a significant decrease from $803,863 in Q3 2020[26] - Net cash outflow from investment activities for Q3 2021 was approximately -$42.74 million, an improvement from -$232.84 million in Q3 2020, showing a reduction of about 81.7%[27] - Cash inflow from financing activities in Q3 2021 was approximately $213.34 million, down from $450.59 million in Q3 2020, a decrease of about 52.7%[27] - Net cash outflow from financing activities for Q3 2021 was approximately -$126.62 million, compared to -$92.76 million in Q3 2020, indicating a decline of about 36.5%[27] - The ending cash and cash equivalents balance for Q3 2021 was approximately $59.89 million, down from $127.74 million in Q3 2020, a decrease of about 53.1%[27] - The company received approximately $168.82 million in borrowings during Q3 2021, compared to $69.50 million in Q3 2020, reflecting an increase of about 142.5%[27] - The company reported a cash inflow of approximately $217.10 million from investment recoveries in Q3 2021, a significant increase from $450,000 in Q3 2020[26] Shareholder Information - The total number of common shareholders at the end of the reporting period is 5,410[13] - The largest shareholder, Li Wulin, holds 15,930,000 shares, representing 14.85% of the total shares[13] - The total number of shares held by the top 10 shareholders includes significant stakes from Guangdong Huadi Minsheng Equity Investment and Huamei International Investment Group[14] Company Strategy and Developments - The company attributed the increase in revenue to enhanced brand influence and expanded market share[10] - The company has not disclosed any new product developments or technological advancements in the current reporting period[15] - There are no significant mergers or acquisitions reported during this quarter[15] - The company has not provided specific future guidance or market expansion strategies in the current report[15] - The company did not report any audited financial statements for this quarter[4]