威海广泰(002111) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥834,454,835.76, representing an increase of 18.92% compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2021 was ¥98,334,721.16, a decrease of 11.31% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥94,518,366.75, down 11.76% from the previous year[3]. - The company's basic earnings per share for Q3 2021 was ¥0.18, a decrease of 14.29% year-on-year[3]. - The weighted average return on equity was 2.93%, down 0.73% compared to the same period last year[3]. - The net profit for Q3 2021 was CNY 308,281,358.52, an increase of 28.4% compared to CNY 240,010,392.08 in Q3 2020[24]. - The operating profit for the quarter was CNY 351,166,237.30, up from CNY 268,492,520.91 in the same period last year, reflecting a growth of 30.7%[24]. - The total revenue from operating activities was CNY 1,502,902,536.02, down from CNY 1,719,602,861.67 in the previous year, indicating a decrease of 12.6%[28]. - The company reported a total comprehensive income of CNY 305,944,414.85 for the quarter, compared to CNY 240,010,392.08 in the same period last year[25]. - Basic and diluted earnings per share were both CNY 0.58, an increase from CNY 0.46 in Q3 2020[25]. Cash Flow and Financial Position - The cash flow from operating activities showed a net outflow of ¥942,120,084.95, a significant decrease of 335.87% compared to the previous year[3]. - Cash flow from operating activities showed a significant decline of 335.87%, resulting in a net outflow of CNY -942,120,084.95[11]. - Cash and cash equivalents decreased to ¥279,032,922.40 from ¥841,738,514.68, representing a decline of 66.8%[19]. - The company reported a net decrease in cash and cash equivalents of CNY -416,767,395.47, influenced by various factors[12]. - Cash and cash equivalents at the end of the period were CNY 130,570,863.58, a decrease from CNY 115,705,949.70 at the end of Q3 2020[29]. - The company experienced a net cash outflow from financing activities of CNY 121,798,616.00, improving from a net outflow of CNY -151,147,677.31 in Q3 2020[29]. Assets and Liabilities - The total assets at the end of Q3 2021 were ¥5,379,254,964.35, down 5.47% from the end of the previous year[4]. - Total assets decreased to ¥5,379,254,964.35 from ¥5,690,524,472.36, a decline of 5.5%[21]. - Total liabilities decreased to ¥1,931,027,377.47 from ¥2,418,472,439.13, a reduction of 20.2%[21]. - The total equity attributable to shareholders increased to ¥3,400,370,526.58 from ¥3,225,877,629.45, reflecting a growth of 5.4%[21]. Accounts Receivable and Inventory - Accounts receivable increased by 47.66% to ¥1,702,783,786.39, attributed to increased revenue and collection delays due to the pandemic[9]. - Accounts receivable increased significantly to ¥1,702,783,786.39, compared to ¥1,153,191,120.39, reflecting a growth of 47.7%[19]. - Inventory levels slightly decreased to ¥1,313,888,074.67 from ¥1,339,071,751.81, a reduction of 1.9%[19]. Research and Development - The company reported a 33.21% increase in R&D expenses, totaling ¥138,593,081.84 for the first nine months of 2021[9]. - Research and development expenses increased to CNY 138,593,081.84, compared to CNY 104,042,010.53 in Q3 2020, marking a rise of 33.2%[24]. Borrowings and Financial Management - Short-term borrowings rose by 67.52% to ¥717,939,832.80, indicating a need for working capital[9]. - Financial expenses decreased by 64.37% to CNY 6,425,785.92 due to increased interest income and exchange gains[10]. - Other income increased by 38.50% to CNY 32,913,416.19, attributed to software tax refunds and government subsidies[10]. - Investment income rose by 57.18% to CNY 12,780,954.05, driven by increased financial management income[10]. - The company raised CNY 856,507,495.00 from borrowings during the quarter, compared to CNY 590,864,588.00 in the previous year[29]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 30,068[14]. - The largest shareholder, Xinjiang Guotai Airport Investment, holds 27.25% of shares, totaling 145,650,942 shares[14]. - The company completed a capital increase by distributing cash dividends of ¥4 per 10 shares and transferring 4 shares for every 10 shares held, resulting in a total share capital of ¥534,558,505.00[16]. - The company approved the establishment of a wholly-owned subsidiary in Germany with an investment of €250,000 to expand its market presence in Europe[16].