PRCO(SZ:002225)2021-10-12 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥1,126,365,568.20, representing a year-on-year increase of 13.56%[3] - The net profit attributable to shareholders for Q3 2021 was ¥36,193,188.54, a decrease of 53.08% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥33,147,124.80, down 53.77% year-on-year[3] - The total profit decreased by 36.69% year-on-year, attributed to rising raw material costs and increased shipping expenses due to global supply chain issues[8] - Net profit for the period was CNY 154,290,988.06, a decrease of 38.31% from CNY 250,110,768.53 in the same period last year[19] - The company reported a total comprehensive income of CNY 152,857,826.81, down from CNY 249,798,124.89 in the prior year[20] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥289,150,764.10, a decline of 163.22% compared to the previous year[3] - The net cash flow from operating activities was -289,150,764.10 CNY, a decrease compared to 457,381,408.74 CNY in the previous year[23] - Cash inflow from operating activities totaled 2,504,324,571.54 CNY, while cash outflow was 2,793,475,335.64 CNY, resulting in a net cash outflow[23] - The company received 21,204,799.57 CNY in tax refunds, an increase from 20,279,859.48 CNY in the previous year[23] - Cash paid to employees was 528,664,060.04 CNY, compared to 444,540,171.72 CNY in the same period last year, reflecting a 19% increase[23] - Cash paid for taxes was 164,312,671.96 CNY, down from 207,480,410.88 CNY in the previous year[23] - The cash inflow from investment activities was 80,042,255.45 CNY, a decrease from 2,400,389.39 CNY in the previous year[23] - The cash outflow for investment activities was 192,346,441.33 CNY, compared to 328,296,252.36 CNY in the previous year, indicating a reduction in investment spending[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,904,702,898.26, an increase of 10.25% from the end of the previous year[3] - The company's total liabilities increased to CNY 3,600,267,304.88, compared to CNY 3,080,864,769.43 in the previous year, reflecting a growth of 16.83%[19] - The total equity attributable to shareholders of the parent company rose to CNY 3,097,721,493.01, up from CNY 2,963,946,535.75, marking an increase of 4.51%[19] - The company's cash and cash equivalents increased to ¥485,463,266.77 from ¥400,546,156.16 year-over-year, representing a growth of 21.7%[16] - Accounts receivable rose to ¥1,549,361,808.38 from ¥1,383,694,471.90, indicating an increase of 12.0%[16] - Inventory increased to ¥1,474,273,365.75 from ¥1,189,393,197.08, reflecting a growth of 24.0%[16] - The total assets of the company reached ¥6,904,702,898.26, up from ¥6,262,929,799.08, marking an increase of 10.2%[17] Shareholder Information - The total number of common shareholders at the end of the reporting period is 42,146[10] - Liu Baikuan, the controlling shareholder, holds 13.09% of shares, amounting to 132,245,727 shares, with 106,496,320 shares pledged[10] - Liu Baichun holds 10.27% of shares, totaling 103,742,266 shares, with no shares pledged[10] - Liu Baikuan and family members plan to reduce their holdings by up to 25,030,000 shares, representing 2.48% of the total share capital[12] - Shareholder Guo Zhiyan intends to reduce his holdings by up to 10,000,000 shares, which is 0.99% of the total share capital[13] Investment Activities - The company plans to invest €1.61 million (approximately ¥12.30 million) to acquire 70% of the Serbian company MALBEX ONE[14] Research and Development - Research and development expenses for the period were CNY 108,708,292.21, down from CNY 138,970,566.54, indicating a reduction of 21.73%[19] Earnings Per Share - Basic earnings per share decreased to CNY 0.15 from CNY 0.24 in the previous period, reflecting a decline of 37.50%[20]