海南海药(000566) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 was ¥469,377,367.76, a decrease of 20.16% compared to the same period last year[3]. - The net profit attributable to shareholders was -¥120,019,779.30, representing a decline of 252.77% year-on-year[3]. - The basic earnings per share for the period was -¥0.0925, down 262.75% from the previous year[3]. - The company's net profit for the third quarter decreased by 112.48% year-on-year, resulting in an undistributed profit of -939,146,861.63 CNY[8]. - Net profit for the current period is approximately -¥523.44 million, compared to -¥5.76 million in the previous period, indicating a significant decline[21]. - Basic and diluted earnings per share for the current period are both -¥0.3832, compared to ¥0.0144 in the previous period[22]. - The company reported a total comprehensive loss of approximately -¥524.20 million, compared to a gain of ¥1.12 million in the previous period[22]. Assets and Liabilities - Total assets at the end of the reporting period were ¥9,194,556,251.29, a decrease of 10.55% from the end of the previous year[3]. - The total number of ordinary shareholders at the end of the reporting period was 56,284, with no preferred shareholders[9]. - The company's total current assets decreased to CNY 4,219,280,354.29 from CNY 5,211,898,578.11, reflecting a reduction of about 19.1%[16]. - The total liabilities decreased to CNY 5,710,596,090.83 from CNY 6,307,612,628.58, which is a reduction of about 9.5%[17]. - The total equity attributable to the parent company decreased to CNY 3,277,596,571.24 from CNY 3,706,114,482.42, reflecting a decline of about 11.6%[18]. - Total liabilities amounted to CNY 6,307,612,628.58, with non-current liabilities at CNY 1,290,414,219.49[30]. - Total equity attributable to shareholders reached CNY 3,706,114,482.42, while total equity was CNY 3,971,618,968.03[30]. Cash Flow - Cash flow from operating activities for the year-to-date was ¥34,263,405.38, an increase of 129.25%[3]. - Cash flow from operating activities increased by 129.25% to 34,263,405.38 CNY, attributed to higher cash receipts from sales and reduced expenses[8]. - The net cash flow from operating activities for Q3 2021 was ¥34,263,405.38, a significant improvement from a net outflow of ¥117,122,155.26 in Q3 2020[25]. - The company's cash flow from financing activities showed a net outflow of -591,585,653.87 CNY, an increase of 1108.48% due to higher bank loan repayments[8]. - The net cash flow from financing activities was negative at -¥591,585,653.87, contrasting with a positive net flow of ¥58,661,001.15 in Q3 2020[25]. Investments and Expenditures - The company reported a significant increase in research and development expenditures, impacting cash reserves[7]. - Research and development expenses increased to approximately ¥51.04 million, up from ¥45.33 million in the previous period[19]. - Investment activities generated a net cash flow of 374,179,447.67 CNY, a significant increase of 2325.32% due to the recovery of previous term deposits[8]. - Investment losses amounted to approximately -¥401.63 thousand, a significant drop from a gain of ¥13.70 million in the previous period[19]. Shareholder Information - The largest shareholder, Hainan Huadong Industrial Co., Ltd., holds 22.89% of the shares, amounting to 296,989,889 shares[10]. - The company provided financial assistance of up to CNY 20 million to its associate company, Chongqing Yade Technology Co., Ltd., with an annual interest rate of 8%[12]. - The company has guaranteed a balance of CNY 149,750,000 for Yade Technology, with overdue guarantees amounting to CNY 139,850,000[12]. Other Financial Metrics - The weighted average return on equity was -2.96%, reflecting a decline of 2.20% compared to the previous year[3]. - The company reported a total non-operating loss of -¥12,850,773.71 for the period[5]. - Other income decreased by 30.47% to 34,571,786.38 CNY, mainly due to reduced government subsidies related to daily operations[8]. - The company reported a 3708.73% decline in fair value changes, resulting in a loss of -260,349,554.11 CNY due to stock value adjustments[8]. - The company's inventory stock was completely written off, resulting in a 100% decrease in treasury shares[8]. Adjustments and Compliance - The company adjusted its financial statements in accordance with the new leasing standards effective from 2021[26]. - The third quarter report was not audited, indicating potential implications for financial reliability[31].