*ST惠天(000692) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥5,753,121.97, a decrease of 32.20% compared to the same period last year[3]. - The net profit attributable to shareholders was -¥162,319,454.16, down 39.40% year-on-year, while the net profit after deducting non-recurring gains and losses was -¥168,688,345.39, a decrease of 43.25%[3]. - The company's basic and diluted earnings per share were both -¥0.3046, reflecting a 39.40% decrease year-on-year[3]. - Operating profit improved to -¥187,508,801.80 compared to -¥409,868,682.05 in the previous period, indicating a significant reduction in losses[21]. - Net profit for the current period was -¥194,189,333.67, an improvement from -¥320,007,250.75 in the previous period, showing a decrease in losses of approximately 39.3%[22]. - Basic and diluted earnings per share improved to -0.3571 from -0.5957 in the previous period, indicating a better performance per share despite still reporting losses[22]. Assets and Liabilities - The total assets at the end of the reporting period were ¥5,029,057,540.27, reflecting a slight increase of 0.57% from the end of the previous year[3]. - The total liabilities increased to ¥4,866,762,254.51 from ¥4,645,877,052.13, reflecting a rise of 4.7%[18]. - The total non-current liabilities increased to ¥1,237,011,055.45 from ¥1,092,212,758.51, marking an increase of 13.2%[18]. - The company's equity totaled CNY 354,918,778.41, with a significant retained earnings deficit of CNY -860,231,772.89[30]. - Short-term borrowings were reported at CNY 1,618,841,228.43, indicating a reliance on short-term financing[29]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥583,985,237.93, a decline of 49.27%[3]. - Cash flow from operating activities showed a net outflow of -¥583,985,237.93, worsening from -¥391,214,835.38 in the previous period[24]. - Cash flow from investing activities generated a net inflow of ¥214,758,045.62, compared to a net outflow of -¥42,878,338.61 in the previous period[25]. - Cash flow from financing activities resulted in a net inflow of ¥453,159,864.89, an increase from ¥398,366,575.98 in the previous period[25]. - The company reported cash and cash equivalents at the end of the period amounting to ¥218,416,422.71, up from ¥113,143,027.55 in the previous period[25]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 35,889[10]. - Shenyang Heating Group Co., Ltd. holds 35.10% of shares, amounting to 187,050,118 shares, with 93,000,000 shares pledged[10]. Operational Challenges - The company is facing cost pressures due to rising coal prices, impacting cost control measures[12]. - The company has intensified maintenance work during non-heating periods to improve operational efficiency and mitigate the impact of rising coal prices[12]. Other Financial Metrics - The company's weighted average return on equity was -91.27%, a decrease of 79.61% compared to the previous year[3]. - The company incurred financial expenses of ¥116,693,917.90, slightly increasing from ¥115,417,584.97 in the previous period[21]. - The company reported a significant increase in prepayments, which rose by 137.32% to ¥342,404,194.97 due to increased coal payments[7]. - The company’s long-term borrowings increased by 75.94% to ¥528,000,000.00, attributed to new bank loans[7]. - The total amount of other receivables was CNY 489,275,637.26, which may indicate potential liquidity issues[28]. - The implementation of the new leasing standard resulted in the reclassification of certain assets and liabilities, impacting financial reporting[31]. - The company has not conducted an audit for the third-quarter report, which may affect the reliability of the financial data presented[32].