东华科技(002140) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥1,601,478,086.75, representing a 14.20% increase compared to the same period last year[4] - The net profit attributable to shareholders for the same period was ¥64,147,936.14, an increase of 9.02% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥63,373,428.62, up 8.93% from the previous year[4] - Total operating revenue for Q3 2021 reached ¥3,807,024,729.43, a significant increase of 44.8% compared to ¥2,626,670,533.99 in Q3 2020[35] - Net profit for Q3 2021 was ¥199,068,372.10, representing a 26.7% increase from ¥157,179,561.87 in Q3 2020[35] - The net profit attributable to the parent company was CNY 197,574,221.39, an increase from CNY 155,991,919.58 in the previous period, representing a growth of approximately 26.6%[38] - The total comprehensive income for the period was CNY 199,068,372.10, up from CNY 157,179,561.87, reflecting an increase of approximately 26.7%[38] Assets and Liabilities - The total assets at the end of the reporting period were ¥8,669,991,130.43, reflecting a 6.58% increase from the end of the previous year[4] - Total assets as of September 30, 2021, amounted to ¥8,669,991,130.43, an increase from ¥8,134,712,984.23 at the end of 2020[31] - Current assets totaled ¥6,344,558,010.71, slightly up from ¥6,337,493,507.60 in the previous year[27] - Long-term receivables increased to ¥1,350,352,112.00 from ¥956,350,823.05 year-over-year[27] - Total liabilities rose to ¥6,018,435,468.13, compared to ¥5,730,682,043.15 at the end of 2020[31] - Total liabilities reached approximately $5.73 billion, with current liabilities at $5.16 billion and non-current liabilities at $574.99 million[52] - Shareholders' equity totaled approximately $2.40 billion, with retained earnings of approximately $1.51 billion[52] Cash Flow - The cash flow from operating activities for the year-to-date was ¥273,143,277.63, showing a decrease of 37.92% year-on-year[4] - Cash flow from operating activities was CNY 273,143,277.63, down from CNY 439,982,521.83, indicating a decrease of approximately 37.9%[41] - The company reported a net cash outflow from investing activities of CNY -230,800,298.58, worsening from CNY -5,615,258.22 in the prior period[43] - Cash inflow from financing activities totaled CNY 276,204,000.00, significantly higher than CNY 48,373,750.00 in the previous period[43] - The company received CNY 106,204,000.00 from investments, a notable increase from CNY 38,373,750.00 in the last period[43] Investments and Impairments - The company reported a significant decrease of 65.77% in credit impairment losses and asset impairment losses, amounting to ¥19,614,700[8] - The company has reported a significant impairment loss related to its investment in Anhui Huaihua Co., Ltd., reflecting the deteriorating financial condition of the investee[22] - The company holds a 4.99% stake in Anhui Huaihua Co., Ltd., which has been undergoing bankruptcy liquidation since 2019 due to financial difficulties[22] - The company has received a total of 454.21 thousand RMB from the bankruptcy liquidation of Anhui Huaihua Co., Ltd. as of August 2021[22] Legal Matters - The company is involved in a significant lawsuit against Inner Mongolia Kanel Chemical Industry Co., Ltd. regarding a 300,000 tons/year coal-to-ethylene glycol project, with a court ruling in favor of the company for a payment of 863.35 million RMB[16] - The company has been actively pursuing the enforcement of court rulings related to the lawsuit, including multiple auction attempts for the project assets, all of which have failed to attract buyers[19] - The company continues to monitor the progress of the bankruptcy proceedings to protect its legal rights[22] Research and Development - The company plans to continue investing in R&D, with expenses rising to ¥70,811,232.76 from ¥55,780,380.92 in the previous year[35] Stock and Shareholder Information - The company has a total of 1,300,000 shares of common stock outstanding[15] - The basic earnings per share increased to CNY 0.3691 from CNY 0.2914, reflecting a rise of about 26.7%[38] Miscellaneous - The company has a total of approximately $1.15 billion in contract liabilities[49] - The company has a short-term loan of $10 million and accounts payable of approximately $3.20 billion[52] - The company has not undergone an audit for the third quarter report[55]