柳工(000528) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter was ¥4,974,985,551.92, a decrease of 7.14% compared to the same period last year[4]. - The net profit attributable to shareholders was ¥127,806,846.01, down 59.70% year-on-year, while the net profit after deducting non-recurring gains and losses was ¥107,067,524.98, a decrease of 52.46%[7]. - The company reported a basic earnings per share of ¥0.09, down 57.14% year-on-year[7]. - The weighted average return on equity decreased by 1.75 percentage points to 1.08%[7]. - The company reported a net profit for the current period of ¥858,679,761.81, a decrease from ¥1,003,727,099.67 in the previous period, reflecting a decline of approximately 14.4%[69]. - Earnings per share (EPS) for the current period was ¥0.60, down from ¥0.67 in the previous period, showing a decrease of about 10.4%[70]. - The total comprehensive income for the current period was ¥842,755,992.70, down from ¥989,748,851.66 in the previous period, reflecting a decline of about 14.8%[70]. Cash Flow and Liquidity - The net cash flow from operating activities was ¥406,797,520.37, reflecting a significant decline of 138.27% compared to the previous year[7]. - Cash inflow from operating activities totaled ¥25,877,527,038.04, compared to ¥22,767,255,494.34 in the previous period, marking an increase of approximately 13.8%[71]. - The ending balance of cash and cash equivalents was 4,844,634,538.01, compared to 4,432,548,813.04 at the end of the previous year[76]. - The company reported a total operating cash outflow of 25,470,729,517.67, an increase from 23,830,207,382.17 in the prior year[74]. - The company recorded an increase in cash received from investment income to 145,499,836.59, up from 35,657,536.37 in the previous year[74]. Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥34,318,420,236.60, representing a 0.91% increase from the end of the previous year[7]. - The total liabilities amounted to ¥21,941,709,872.91, slightly down from ¥22,097,701,311.20 in the previous period, indicating a decrease of about 0.7%[64]. - Total current liabilities decreased to CNY 18,099,659,115.82 from CNY 19,903,266,502.76, a reduction of approximately 9.1%[63]. - Long-term borrowings increased significantly to CNY 1,797,056,905.58 from CNY 156,012,046.51, indicating a substantial rise in long-term debt[63]. - The company has confirmed a bankruptcy claim under a contract amounting to CNY 63,460,290.29, indicating ongoing financial restructuring efforts[54]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 98,824, with the largest shareholder, Guangxi Liugong Group Machinery Co., Ltd., holding 34.68% of the shares[16]. - The company plans to distribute cash dividends of 1.6 RMB per 10 shares, totaling 187,641,736.16 RMB[21]. - The top ten shareholders include several asset management plans, with the largest being Guangxi Liugong Group with 511,631,463 shares[19]. Legal Matters and Litigation - The company has no significant litigation matters reported during the period[25]. - The company has been involved in multiple lawsuits, with a total of 6.62 million yuan in litigation amount against Jiangsu Huatai Engineering Technology Co., Ltd., and has initiated enforcement actions since December 2017[29]. - The company has applied for bankruptcy liquidation against Henan Fengtai due to the inability to execute the court's ruling, which has been complicated by the pandemic[27]. - The company is currently involved in the judicial auction process for assets related to Jiangsu Huatai, with an estimated total asset value of approximately 100 million yuan[29]. - The company has faced challenges in asset recovery due to insufficient asset values to cover priority creditors in the bankruptcy cases[29]. Operational Changes and Future Outlook - The company is in the process of restructuring and has received approval from the Guangxi State-owned Assets Supervision and Administration Commission[21]. - The company has not provided specific guidance for future performance in this report[87]. - The company adopted new leasing standards from January 1, 2021, affecting the recognition of lease liabilities and assets[85].