AHTHGC(SZ:000901)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥1,286,312,038.25, a decrease of 11.10% compared to the same period last year[4] - The net profit attributable to shareholders for Q3 2021 was -¥4,465,475.47, representing a decline of 143.50% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥9,224,292.02, a decrease of 517.42% compared to the previous year[4] - Total operating revenue for Q3 2021 reached ¥4,210,711,575.66, an increase of 12.7% compared to ¥3,735,787,103.30 in Q3 2020[32] - The net profit for the current period is 24,091,070.73 CNY, a significant recovery from a net loss of 95,727,491.78 CNY in the previous period[35] - The total comprehensive income for the current period is 40,682,619.78 CNY, a recovery from a loss of -102,901,787.55 CNY in the previous period[38] - Basic and diluted earnings per share are both 0.0242 CNY, recovering from -0.1211 CNY in the previous period[38] Assets and Liabilities - The total assets at the end of Q3 2021 amounted to ¥7,723,549,561.83, reflecting a growth of 5.66% from the end of the previous year[7] - Current assets totaled ¥4,430,891,947.87 as of September 30, 2021, slightly down from ¥4,482,061,207.55 at the end of 2020[22] - Non-current assets increased to ¥3,292,657,613.96 from ¥2,827,615,524.73 year-over-year, reflecting a growth of approximately 16.4%[25] - Total liabilities increased to ¥3,151,887,435.86 from ¥2,804,486,569.81, representing a rise of approximately 12.4%[30] - The company's cash and cash equivalents decreased to ¥871,474,481.72 from ¥1,174,782,304.96, a decline of about 25.8%[22] - Accounts receivable rose to ¥1,096,384,363.05, up from ¥943,385,231.94, marking an increase of approximately 16.2%[22] - Inventory increased to ¥1,414,776,909.18 from ¥1,207,723,996.24, reflecting a growth of about 17.1%[22] - Total assets increased to 7,568,718,748.89 CNY, up by 259,042,016.61 CNY compared to the previous period[48] - Total liabilities amounted to approximately ¥7.31 billion, with current liabilities at ¥1.81 billion and non-current liabilities at ¥993.60 million[51] Cash Flow - The cash flow from operating activities showed a net outflow of -¥267,915,977.43 for the year-to-date period, a decrease of 7.30% compared to the previous year[4] - The cash flow from investment activities showed a net outflow of -¥134,209,425.26, a 73.98% improvement compared to the previous year[11] - The net cash flow from financing activities was 96,497,366.05 CNY, a decrease from 592,392,851.39 CNY in the previous period[44] - Cash and cash equivalents at the end of the period totaled 857,597,722.13 CNY, down from 1,154,819,747.58 CNY at the beginning of the period[44] Shareholder Information - The total number of common shareholders at the end of the reporting period is 88,803, with the top 10 shareholders holding a combined 36.08% of shares[13] - China Aerospace Science and Industry Corporation holds 17.32% of shares, amounting to 138,229,809 shares[13] Government Support and Financial Management - The company received government subsidies amounting to ¥6,989,153.38 during the reporting period, contributing to its financial performance[8] - The company reported interest income and cash management product earnings totaling 1,216,893.05 RMB during the reporting period[18] - The company has implemented financial derivatives trading to mitigate currency exchange rate risks due to fluctuations in the RMB against the USD[21] - The company has conducted impairment tests on various assets, including inventory and accounts receivable, to ensure accurate asset valuation[21] Operational Challenges and Strategic Focus - The company faces risks from the global shortage of automotive chips and electronic components, which may impact delivery cycles and costs[18] - The company is focusing on three major industry sectors: aerospace applications, automotive electronics, and the Internet of Things, to enhance its market position[18] - The company is committed to enhancing its core competitiveness and sustainable development capabilities in response to market challenges[18] Changes in Capital and Equity - The company has not utilized 313,080,502.70 RMB of the raised funds as of September 30, 2021, with 26,000,000.00 RMB used to supplement working capital during the reporting period[18] - The company released 35,352,853 shares from restrictions on July 5, 2021, with 25,947,722 shares from Yisheng Luxembourg and 9,405,131 shares from Yisheng International[18] - The total equity attributable to shareholders reached approximately ¥4.35 billion, with retained earnings showing a slight decrease of ¥4.82 million compared to the previous period[51] Compliance and Reporting - The company has not undergone an audit for the third quarter report, which was released on October 30, 2021[54] - The company has implemented new leasing standards starting from 2021, with no retrospective adjustments made to prior comparative data[54]