泛亚微透(688386) - 2021 Q3 - 季度财报

Revenue and Profit - Revenue for Q3 2021 was CNY 68,309,867.14, a decrease of 9.05% compared to the same period last year[3]. - Net profit attributable to shareholders for Q3 2021 was CNY 9,450,477.48, down 39.60% year-on-year[3]. - The basic earnings per share for Q3 2021 was CNY 0.14, a decrease of 53.45% compared to the same period last year[3]. - Total operating revenue for Q3 2021 reached ¥210,863,015.22, an increase of 13.5% compared to ¥185,225,318.66 in Q3 2020[22]. - Net profit for Q3 2021 was ¥43,318,884.04, representing a 30.0% increase from ¥33,317,002.90 in Q3 2020[23]. - The total comprehensive income attributable to the parent company for Q3 2021 was ¥43,422,551.05, compared to ¥33,317,002.90 in Q3 2020, representing a year-over-year increase of approximately 30.4%[24]. Assets and Liabilities - Total assets increased by 34.10% to CNY 824,560,021.66, attributed to the acquisition of 60% equity in Shanghai Dayin Xisheng New Materials Co., Ltd.[4][7]. - The company's total assets as of Q3 2021 amounted to ¥824,560,021.66, compared to ¥614,863,231.70 in the same period last year, reflecting a growth of 34.0%[18]. - Total liabilities increased to ¥230,996,033.00 in Q3 2021, up from ¥60,063,057.29 in Q3 2020, indicating a significant rise[18]. - The company’s total liabilities as of September 30, 2021, are not specified but are critical for assessing financial health[16]. Cash Flow - Cash flow from operating activities for the year-to-date period was CNY 51,857,020.21, up 95.61% year-on-year[3][7]. - The net cash flow from operating activities for the first three quarters of 2021 was ¥51,857,020.21, up from ¥26,509,818.27 in the same period of 2020, indicating a growth of about 95.5%[25]. - Cash inflow from operating activities totaled ¥196,209,365.28 for the first nine months of 2021, compared to ¥140,176,569.77 in 2020, reflecting an increase of approximately 40%[25]. - The company reported a net cash outflow from investing activities of ¥174,511,187.56 for the first three quarters of 2021, compared to a net outflow of ¥23,617,231.95 in the same period of 2020[25]. - The cash and cash equivalents at the end of Q3 2021 stood at ¥98,303,413.90, a significant increase from ¥9,787,120.17 at the end of Q3 2020[25]. - The company raised ¥183,000,000.00 through borrowings in Q3 2021, compared to ¥80,000,000.00 in Q3 2020, indicating a growth of 128.8% in financing activities[25]. - The net cash flow from financing activities for Q3 2021 was ¥97,045,302.78, a significant improvement from a net outflow of ¥7,825,350.11 in Q3 2020[25]. Research and Development - R&D investment totaled CNY 4,465,663.87, an increase of 25.56% compared to the same period last year, representing 6.54% of revenue[4]. - Research and development expenses for Q3 2021 were ¥11,868,615.56, compared to ¥10,046,511.41 in Q3 2020, showing an increase of 18.1%[22]. - The company developed a new high-performance aerospace cable insulation material, which has passed the certification by Jiangsu Provincial Department of Industry and Information Technology, filling a domestic gap in the market[12]. - The company aims to replace imported materials with domestically produced high-performance aerospace cable insulation materials, enhancing local manufacturing capabilities[12]. - The company’s strategic acquisition and product development initiatives are expected to drive future growth in the aerospace and new materials sectors[13]. Inventory and Receivables - The company’s inventory increased to RMB 66,073,413.50 from RMB 43,518,711.33, reflecting a rise of approximately 51.8%[16]. - Accounts receivable decreased to RMB 87,545,861.47 from RMB 107,796,485.83, showing a decline of about 18.7%[16]. - The company’s prepayments rose to RMB 4,510,428.18 from RMB 2,348,246.68, marking an increase of approximately 92.0%[16]. Management Expenses - Management expenses increased significantly due to higher financial advisory fees and employee welfare costs[7].