ST宇顺(002289) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 was CNY 45,046,443.53, representing a 2.54% increase year-over-year, while year-to-date revenue reached CNY 136,657,610.54, up 36.89% compared to the same period last year[3] - The net profit attributable to shareholders for Q3 2021 was a loss of CNY 3,298,979.21, a 56.54% increase in loss year-over-year, with a year-to-date loss of CNY 16,311,667.70, which is 25.83% higher than the previous year[3] - The basic and diluted earnings per share for Q3 2021 were both CNY -0.0118, reflecting a 56.46% increase in loss year-over-year, while year-to-date earnings per share were CNY -0.0582, up 25.86% compared to the same period last year[3] - Total operating revenue for the third quarter of 2021 was CNY 136,657,610.54, an increase of 36.8% compared to CNY 99,832,247.54 in the same period last year[34] - The company reported a net loss of CNY 16,531,876.61 for the third quarter, an improvement from a loss of CNY 21,743,424.97 in the same period last year[34] - The company reported a total comprehensive loss of -16,311,667.70 CNY for the quarter, compared to -21,991,140.42 CNY in the prior year[38] Assets and Liabilities - The company's total assets at the end of Q3 2021 were CNY 358,641,490.00, a decrease of 0.77% from the end of the previous year[3] - The equity attributable to shareholders decreased by 5.47% to CNY 281,925,726.61 compared to the end of the previous year[3] - Total liabilities increased to CNY 76,715,763.39, up from CNY 63,194,173.63 at the end of 2020[32] - The company's total equity attributable to shareholders decreased to CNY 281,925,726.61 from CNY 298,237,394.31 at the end of 2020[33] Cash Flow - Cash flow from operating activities showed a net outflow of CNY -37,396,722.27 year-to-date, representing a significant decline of 122.23%[3] - Cash flow from operating activities was negative at CNY -37.40 million, a decline of 122.23% compared to CNY 168.20 million in the previous year[7] - The company’s cash flow from investing activities was negative at CNY -75.02 million, primarily due to new investments and payments made[7] - The net cash flow from operating activities was -37,396,722.27 CNY, a decline from 168,196,670.01 CNY in the previous year, indicating cash flow challenges[38] Inventory and Receivables - Inventory increased by 68.85% to CNY 39,356,071.20, attributed to tight supply and rising prices of key raw materials[6] - Accounts receivable increased to CNY 40,355,244.51, up 4.1% from CNY 38,766,742.11 at the end of 2020[30] - Other receivables surged by 1207.24% to CNY 49,676,932.33, due to the payment of earnest money for asset acquisition agreements[6] Investments and Acquisitions - The company made a new investment of CNY 27.14 million as a limited partner in a venture capital partnership[7] - The company is planning to acquire 100% equity of Qianhai Shouke through a combination of issuing shares and cash, which constitutes a major asset restructuring[19] - The company received approval from the State Administration for Market Regulation for the acquisition on May 8, 2021, allowing the transaction to proceed[20] Research and Development - R&D expenses increased by 37.64% to CNY 3.12 million, driven by an increase in customer orders[7] - Research and development expenses for the third quarter were CNY 3,119,154.59, an increase of 37.8% compared to CNY 2,266,211.20 in the previous year[34] Shareholder Information - The company's major shareholder, Zhongzhi Rongyun, holds 20.42% of the shares, while the top ten shareholders collectively hold significant stakes[10] - The company’s chairman and vice president increased their shareholdings, with the chairman acquiring 400,000 shares (0.1427% of total shares) and the vice president acquiring 300,000 shares (0.1070% of total shares)[26] Other Information - The company received government subsidies amounting to CNY 347,000.00 during the reporting period, contributing to its non-operating income[5] - The report was not audited, which may affect the reliability of the financial data presented[40] - The company did not report any new product launches or technological advancements during this quarter[40]