Financial Performance - The company's operating revenue for Q3 2021 was ¥137,527,886.58, a decrease of 20.14% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2021 was ¥8,493,179.28, down 30.11% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was ¥5,228,067.34, a decline of 48.44% compared to the previous year[5]. - The net profit attributable to shareholders for the year-to-date was ¥27,825,719.23, a decrease of 60.43% compared to the same period last year[5]. - Total operating revenue for the first three quarters of 2021 was ¥386,104,872.78, a decrease from ¥564,820,966.81 in the same period of 2020, representing a decline of approximately 31.6%[18]. - Net profit for the third quarter of 2021 was ¥25,961,072.23, a significant decrease from ¥69,366,694.13 in the same quarter of 2020, reflecting a decline of approximately 62.6%[20]. - Total profit for the third quarter of 2021 was ¥27,589,885.45, down from ¥77,808,571.42 in the same quarter of 2020, representing a decline of approximately 64.6%[20]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,892,535,516.86, reflecting a slight increase of 1.58% from the end of the previous year[6]. - As of September 30, 2021, the total assets of Nanjing Diweier High-end Manufacturing Co., Ltd. amounted to CNY 1,892,535,516.86, an increase from CNY 1,863,160,194.97 at the end of 2020, representing a growth of approximately 1.9%[13]. - Total liabilities rose to CNY 376,828,225.14, compared to CNY 331,709,083.11 at the end of 2020, marking an increase of approximately 13.6%[15]. - The company's equity attributable to shareholders decreased slightly to CNY 1,513,108,177.79 from CNY 1,517,206,812.59, a decline of about 0.3%[15]. - The total current assets amounted to CNY 1,222,045,680.74, a decrease from CNY 1,273,918,787.22 at the end of 2020, representing a decline of approximately 4.1%[13]. - The company’s total liabilities to equity ratio stood at approximately 24.9%, indicating a relatively stable leverage position compared to previous periods[15]. Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥26,823,678.67, down 69.18% year-on-year[6]. - Cash inflow from operating activities for the first three quarters of 2021 was ¥456,275,897.93, down from ¥600,174,958.02 in 2020, representing a decline of approximately 24%[24]. - The net cash flow from operating activities was $26,823,678.67, a decrease of 69% compared to $87,025,217.73 in the previous year[25]. - Total cash outflow from operating activities was $429,452,219.26, down from $513,149,740.29 in the previous year[25]. - The ending balance of cash and cash equivalents was $272,050,092.20, an increase from $173,186,975.77 year-over-year[26]. Research and Development - Research and development expenses totaled ¥5,720,100.36 for Q3 2021, a decrease of 45.32% compared to the same period last year[6]. - Research and development expenses for the third quarter of 2021 were ¥17,158,463.10, a decrease from ¥29,439,796.57 in the same period of 2020, indicating a reduction of about 41.7%[19]. Other Financial Metrics - The basic earnings per share for Q3 2021 were ¥0.04, a decrease of 34.79% year-on-year[6]. - Basic earnings per share for the third quarter of 2021 were ¥0.14, compared to ¥0.43 in the same quarter of 2020, showing a decrease of about 67.4%[21]. - The weighted average return on net assets was 0.56%, down 0.40 percentage points from the previous year[6]. - Tax expenses for the third quarter of 2021 were ¥1,628,813.22, down from ¥8,441,877.29 in the same quarter of 2020, reflecting a decrease of approximately 80.7%[20]. - Other income for the third quarter of 2021 was ¥5,955,499.98, an increase from ¥3,500,441.12 in the same period of 2020, indicating a growth of about 70.3%[19]. Inventory and Prepayments - Inventory levels increased to CNY 281,827,907.93 from CNY 192,832,956.61, reflecting a rise of about 46.1%[14]. - The company reported a significant increase in prepayments, which rose to CNY 42,432,336.31 from CNY 9,152,150.91, indicating a growth of approximately 364.5%[13]. Borrowings - Short-term borrowings were not reported as of September 30, 2021, compared to CNY 11,015,277.78 at the end of 2020, suggesting a reduction in short-term debt[15]. - The company’s long-term borrowings increased to CNY 31,475,984.24 from CNY 18,290,868.98, reflecting a growth of approximately 72.2%[15].
迪威尔(688377) - 2021 Q3 - 季度财报