青达环保(688501) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥110,009,094.29, a decrease of 8.25% compared to the same period last year[3] - Net profit attributable to shareholders for Q3 2021 was ¥8,223,236.91, an increase of 46.38% year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,537,976.12, a decrease of 69.40% compared to the same period last year[3] - Basic earnings per share for Q3 2021 was ¥0.09, an increase of 12.50% year-on-year[4] - The net profit attributable to shareholders for the year-to-date period increased by 432.55% to ¥11,965,690.66, driven by increased sales of key products and government subsidies[8] - Operating profit for Q3 2021 was ¥15,865,643.54, significantly higher than ¥4,662,433.19 in Q3 2020, marking an increase of 239.5%[17] - Net profit for Q3 2021 was ¥15,063,815.75, compared to ¥5,258,848.88 in Q3 2020, representing a year-on-year growth of 185.5%[18] - Total operating revenue for the first three quarters of 2021 reached ¥282,922,986.78, an increase of 9.3% compared to ¥257,949,554.38 in the same period of 2020[16] Assets and Liabilities - Total assets at the end of Q3 2021 amounted to ¥1,294,189,256.61, representing a growth of 16.33% from the end of the previous year[4] - Current assets totaled RMB 1,118,773,826.58, up from RMB 935,179,983.72 at the end of 2020, indicating an increase of about 19.6%[13] - The company’s total liabilities decreased to RMB 558,419,342.50 from RMB 593,203,342.22, a decline of approximately 5.9%[14] - Total liabilities as of Q3 2021 were ¥569,237,016.54, a decrease from ¥602,966,126.26 in the previous year[17] - The company reported a significant increase in contract liabilities, rising to RMB 44,472,949.56 from RMB 11,357,821.01, which is an increase of approximately 292.5%[14] Cash Flow - Cash inflow from operating activities for the first three quarters of 2021 totaled ¥375,706,689.37, compared to ¥318,406,511.68 in the same period of 2020, reflecting a growth of 18%[20] - The net cash flow from operating activities for Q3 2021 was -113,223,381.23 RMB, an improvement from -131,765,320.68 RMB in Q3 2020, indicating a 13.4% reduction in cash outflow[21] - Total cash outflow from investing activities was 169,866,125.97 RMB, significantly higher than 8,255,102.68 RMB in the same period last year, reflecting a substantial increase in investment expenditures[21] - Cash inflow from financing activities reached 492,823,975.47 RMB, compared to 212,989,626.00 RMB in Q3 2020, marking a 131.5% increase in financing received[21] - The net cash flow from financing activities was 198,443,280.23 RMB, up from 61,012,894.19 RMB in the previous year, showing a 225.5% increase[21] Research and Development - Research and development expenses for Q3 2021 totaled ¥8,608,500.03, accounting for 7.83% of operating revenue, an increase of 2.44 percentage points year-on-year[4] - Research and development expenses for Q3 2021 amounted to ¥21,081,638.37, an increase from ¥18,927,627.55 in Q3 2020, showing a rise of 11.4%[17] Equity - The company's equity attributable to shareholders at the end of Q3 2021 was ¥714,492,415.37, an increase of 42.28% from the end of the previous year[4] - Total equity attributable to shareholders reached ¥714,492,415.37, up from ¥502,166,911.69 in the same period last year, indicating a growth of 42.3%[17] Government Subsidies - The company received government subsidies that significantly contributed to the increase in net profit for both the current quarter and year-to-date period[8] Other Observations - The company has not reported any new product launches or significant market expansion strategies during this period[12] - The company implemented new leasing standards, resulting in a recognition of lease liabilities amounting to 530,644.59 RMB[25] - The company recorded a cash outflow of 263,500,000.00 RMB for debt repayment, which was significantly higher than 128,500,000.00 RMB in Q3 2020, indicating increased debt servicing[21] - The company’s cash flow from operating activities showed a trend towards improvement, suggesting potential operational efficiency gains moving forward[21]