宗申动力(001696) - 2021 Q3 - 季度财报

Revenue and Profit - Revenue for Q3 2021 reached ¥2,259,009,298.86, an increase of 8.19% year-over-year, while year-to-date revenue totaled ¥6,884,829,419.91, up 25.51% compared to the same period last year[4] - Net profit attributable to shareholders for Q3 2021 was ¥119,670,613.94, a decrease of 28.16% year-over-year, with year-to-date net profit at ¥375,075,975.44, down 25.36% compared to the previous year[4] - The basic earnings per share for Q3 2021 was ¥0.1045, reflecting a decline of 28.18% year-over-year, while year-to-date earnings per share was ¥0.3276, down 25.36%[4] - The total operating profit for the current period is 449,249,634.04, a decrease of 25.8% compared to 605,522,859.73 in the previous period[29] - The net profit attributable to the parent company is 375,075,975.44, down from 502,516,552.20, representing a decline of 25.3%[29] - The total comprehensive income attributable to the parent company is 496,212,615.69, reflecting a significant decrease compared to the previous period[32] Cash Flow - Cash flow from operating activities for the year-to-date period was ¥164,719,882.26, down 67.63% compared to the same period last year[4] - The net cash flow from operating activities decreased by 67.63% to ¥16,471.99 million, primarily due to increased payments for bulk raw materials and accounts receivable from revenue not yet settled[15] - Cash inflows from operating activities amount to 6,716,426,591.51, an increase of 29.3% from 5,190,483,355.89 in the previous period[33] - Cash outflows from operating activities total 6,551,706,709.25, up from 4,681,659,057.52, indicating a rise of 39.9%[36] - The net cash flow from operating activities is 164,719,882.26, a decrease of 67.7% compared to 508,824,298.37 in the previous period[36] - The net cash flow from investing activities significantly dropped by 409.20% to -¥47,250.24 million, mainly due to increased investments in bank financial products and fixed asset acquisitions[15] - The net cash flow from financing activities decreased by 32.16% to -¥47,344.66 million, primarily due to a reduction in the scale of note financing[15] - The net increase in cash and cash equivalents was -¥73,163.19 million, a decrease of 1466.45%, attributed to reduced net cash flows from both investing and operating activities[15] - The ending cash and cash equivalents balance is 1,068,426,187.81, down from 1,442,674,586.57 in the previous period[36] Assets and Liabilities - Total assets at the end of Q3 2021 were ¥9,660,501,240.72, a decrease of 0.53% from the end of the previous year[4] - Total current assets increased slightly to CNY 5,501,678,246.26 from CNY 5,448,375,954.11[22] - Total non-current assets decreased to CNY 4,158,822,994.46 from CNY 4,263,390,598.14[22] - Total liabilities decreased to CNY 4,680,695,749.11 from CNY 4,727,243,697.66[24] - The company's total equity stood at CNY 4,979,805,491.61, a slight decrease from CNY 4,984,522,854.59[26] - Short-term borrowings decreased to CNY 789,655,980.64 from CNY 846,798,669.30[24] Shareholder Information - The total number of common shareholders at the end of the reporting period was 79,086, with the top ten shareholders holding significant stakes[16] - Chongqing Zongshen High-speed Boat Development Co., Ltd. held 20.10% of shares, amounting to 230,192,114 shares, with 131,200,000 shares pledged[16] - Tibet Guolong Industrial Co., Ltd. owned 18.11% of shares, totaling 207,384,700 shares, also with pledged shares[16] Expenses and Investments - The company experienced a 32.85% increase in operating costs, totaling ¥602,868.54 million, attributed to business growth in the motorcycle engine sector[11] - Research and development expenses increased to CNY 143,429,760.48 from CNY 125,216,470.13 year-over-year[27] - The company reported a net investment income of CNY 70,640,469.64, compared to CNY 45,023,299.61 in the previous period[27] - The income tax expense for the period was ¥4,117.09 million, a decrease of 39.17% due to a reduction in total profit[14] Financial Position Changes - The company's cash and cash equivalents as of September 30, 2021, were ¥1,176,915,657.65, down from ¥1,879,681,882.04 as of December 31, 2020[19] - Trading financial assets increased to ¥303,086,336.54 from ¥56,631,163.40 year-over-year[19] - The company reported a foreign exchange loss of -4,443,217.44 in the current period[32] Audit Status - The report for the third quarter of 2021 was not audited[49]