富通信息(000836) - 2021 Q3 - 季度财报

Financial Performance - Revenue for Q3 2021 reached ¥443,045,455.24, an increase of 57.58% compared to the same period last year[3] - Net profit attributable to shareholders was ¥2,825,160.23, a significant increase of 401.02% year-on-year, reversing a loss of ¥46,753,334.86 in the previous year[3] - Basic earnings per share for the quarter were ¥0.0023, up 387.50% from the same period last year[3] - Total operating revenue for the third quarter reached ¥955,505,168.37, an increase of 27.8% compared to ¥747,736,992.66 in the same period last year[20] - The net profit for the period was a loss of ¥46,073,169.55, compared to a profit of ¥3,614,658.82 in the previous year, indicating a significant decline in profitability[21] - The total comprehensive income for the period was a loss of ¥46,073,169.55, compared to a gain of ¥3,614,658.82 in the same quarter last year[21] - The company reported a significant increase in sales revenue from services, which totaled ¥708,412,985.48, compared to ¥462,762,676.97 in the previous year, marking a growth of 53.1%[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,730,638,061.79, reflecting a 4.56% increase from the end of the previous year[3] - The company's total assets as of September 30, 2021, amounted to 2.73 billion RMB, an increase from 2.61 billion RMB at the end of 2020[19] - The company's current liabilities totaled approximately 1.17 billion RMB as of September 30, 2021, compared to 1.05 billion RMB at the end of 2020, reflecting an increase in short-term borrowings and accounts payable[19] - The company's total liabilities as of September 30, 2021, were approximately 1.41 billion RMB, up from approximately 1.29 billion RMB at the end of 2020[19] - The company’s total liabilities and equity combined were approximately CNY 2.61 billion, reflecting its financial structure[29] Cash Flow - Cash flow from operating activities showed a net outflow of ¥144,386,571.54, a decrease of 49.46% compared to the previous year[3] - Cash flow from operating activities showed a net outflow of ¥144,386,571.54, worsening from a net outflow of ¥96,606,603.63 in the same quarter last year[24] - Cash and cash equivalents at the end of the period were ¥34,512,327.81, down from ¥90,323,000.63 at the end of the previous year[25] - The company’s cash and cash equivalents decreased to approximately 78 million RMB as of September 30, 2021, down from approximately 300 million RMB at the end of 2020[17] Research and Development - Research and development expenses increased by 35.62% to ¥44,836,922.62, indicating a focus on innovation[7] - Research and development expenses increased to ¥44,836,922.62, up 35.6% from ¥33,059,875.85 year-over-year, reflecting a focus on innovation[20] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 56,208, indicating a stable shareholder base[9] - The company’s total equity attributable to shareholders was ¥1,267,011,567.68, a slight increase of 0.79% from the previous year[3] Government Subsidies - The company received government subsidies amounting to ¥4,335,916.66 during the quarter, contributing positively to its financial performance[4] - The company received a government subsidy of 2 million RMB in August 2021, related to its daily operations, although it is not sustainable[15] Other Financial Activities - The company won a bid for the China Mobile 2021-2022 ordinary optical cable centralized procurement project, securing a market share of 3.66% and an estimated allocation of approximately 5.24 million core kilometers, with a bid amount of about 336 million RMB (excluding tax), accounting for 33% of the audited main business revenue for 2020[14] - The company provided a guarantee for its wholly-owned subsidiary, Foton Fiber Optic Cable (Chengdu) Co., Ltd., for a comprehensive credit application of 200 million RMB from China Bank, with a guarantee period of 24 months[13] - The company adjusted its expected daily related transactions for 2021, specifically the procurement amount from related party Foton Group (Jiaxing) Communication Technology Co., Ltd.[12] Management Changes - The company appointed Mr. Xiao Wei as the general manager, with a term consistent with the current board's term[11] Audit and Compliance - The company has not undergone an audit for the third quarter report, indicating potential areas for further scrutiny[30] - The company has implemented new leasing standards, which may affect future financial reporting[30]