恒誉环保(688309) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥8,296,516.85, a decrease of 80.16% compared to the same period last year[5] - The net profit attributable to shareholders was -¥14,142,709.16, reflecting a decline of 272.80% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥15,777,715.41, down 318.46% from the previous year[5] - The basic earnings per share for the reporting period was -¥0.1768, a decrease of 243.97% compared to the same period last year[6] - The net profit for Q3 2021 was a loss of CNY 3,902,365.22, compared to a net profit of CNY 34,233,633.71 in Q3 2020, reflecting a significant decline in profitability[26] - The company's total equity as of Q3 2021 was CNY 706,823,007.04, slightly down from CNY 711,643,692.31 in the previous year[23] - The company's net profit for the third quarter was reported at -¥3,902,365.22, compared to a profit of ¥34,233,633.71 in the same quarter of the previous year[28] - The basic and diluted earnings per share for the third quarter were both -¥0.05, a decline from ¥0.43 in the same quarter of 2020[28] Research and Development - Research and development expenses totaled ¥2,108,760.24, accounting for 25.42% of operating revenue, an increase of 19.66 percentage points year-on-year[6] - Research and development expenses for Q3 2021 were CNY 6,028,873.55, a decrease from CNY 7,312,262.06 in Q3 2020, indicating a reduction of about 17.5%[26] - The company has ongoing technology research and development projects, with varying degrees of progress reported[16] - The company obtained 3 new utility model patents in Q3 2021, totaling 6 utility model patents and 1 design patent authorized in the first three quarters[16] Assets and Liabilities - Total assets at the end of the reporting period were ¥751,657,072.11, a decrease of 4.00% from the end of the previous year[6] - The company's total assets as of Q3 2021 amounted to CNY 751,657,072.11, a decrease from CNY 782,980,933.69 at the end of the previous year[22] - Total liabilities decreased to CNY 44,834,065.07 in Q3 2021 from CNY 71,337,241.38 in the same period last year, showing a reduction of approximately 37.2%[22] Cash Flow - The company reported a cash flow from operating activities of ¥9,863,893.55 for the year-to-date period[6] - The net cash flow from operating activities for the first three quarters of 2021 was ¥9,863,893.55, compared to a net loss of ¥24,103,823.56 in the same period of 2020, indicating a significant improvement[29] - The total cash inflow from investment activities was ¥816,408,514.73, a substantial increase from ¥30,080,547.95 in the previous year[30] - The net cash flow from investment activities was ¥30,905,308.84, recovering from a net outflow of ¥292,747,516.34 in the same period of 2020[30] - The total cash and cash equivalents at the end of the reporting period were ¥130,500,427.78, slightly down from ¥134,019,800.87 at the end of the previous year[30] - Cash and cash equivalents were CNY 130,500,427.78 in Q3 2021, up from CNY 94,627,964.89 in Q3 2020, indicating an increase of about 37.8%[21] Market and Operational Challenges - The company faced challenges in executing orders due to customer funding issues and delays in project approvals, leading to a significant drop in revenue[10] - The company plans to enhance its market expansion efforts and address the delays in project development to improve future performance[10] Shareholder Information - The largest shareholder, Ningbo Meishan Free Trade Port Area Junlong Investment Management Partnership, holds 34.39% of the shares[14] - The second largest shareholder, Ningbo Meishan Free Trade Port Area Yincheng Investment Management Partnership, holds 6.28% of the shares[14] - The company reported a total of 5,914 common shareholders at the end of the reporting period[13] - The company has no significant changes in the status of its major shareholders or their shareholding ratios[15] Collaborations and Recognitions - The company was included in the second batch of enterprises meeting the "Environmental Equipment Manufacturing Industry (Solid Waste Treatment Equipment) Standard Conditions" by the Ministry of Industry and Information Technology[16] - The company signed an important operational contract with Enshi Xirun Environmental Engineering Co., detailing the main business and financial data of the partner[17] - The company disclosed its collaboration with Tsinghua Environment regarding a joint venture, addressing concerns about inflated construction projects[18] - The company was listed in the 2021 Shandong Innovation Industrial Product Directory by the Shandong Provincial Department of Industry and Information Technology[16]