皖通科技(002331) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥225,496,687.16, a decrease of 17.35% compared to the same period last year[3] - The net profit attributable to shareholders for Q3 2021 was ¥6,483,799.12, down 72.51% year-on-year[3] - The basic earnings per share for Q3 2021 was ¥0.0157, reflecting a decline of 72.55% compared to the previous year[4] - The company reported a 33.04% decline in operating revenue compared to the same period last year, primarily due to a reduction in projects reaching settlement[9] - Total operating revenue for the current period was ¥586,724,314.55, a decrease of 33.0% compared to ¥876,205,081.50 in the previous period[32] - Net profit for the current period was ¥19,174,467.57, a decline of 62.0% from ¥50,532,636.89 in the previous period[34] - Earnings per share (EPS) for the current period was ¥0.0314, compared to ¥0.1090 in the previous period, reflecting a decrease of 71.2%[34] Assets and Liabilities - Total assets at the end of Q3 2021 amounted to ¥2,690,100,308.83, a decrease of 5.37% from the end of the previous year[4] - The company's current assets decreased to CNY 1,995,680,998.19 from CNY 2,126,449,161.13, reflecting a reduction of about 6.15%[28] - The total liabilities amounted to ¥644,173,694.06, a decrease from ¥802,050,742.17 in the previous period[30] - The company’s total equity attributable to shareholders was ¥1,964,393,260.25, showing a slight increase of 0.20% from the previous year[4] - The total equity attributable to shareholders of the parent company was ¥1,964,393,260.25, slightly up from ¥1,960,378,815.48 in the previous period[30] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥262,320,916.16, a decrease of 9.44% year-on-year[3] - Cash flow from operating activities showed a net outflow of ¥262,320,916.16, compared to a net outflow of ¥239,693,388.66 in the previous period[36] - The cash inflow from operating activities totaled ¥990,647,519.47, down from ¥1,888,609,071.08 in the previous period[36] - The net cash flow from investment activities increased by 35.63% year-on-year, primarily due to the recovery of structured deposits[9] - The net cash flow from investment activities for Q3 2021 was ¥43,658,813.40, an increase from ¥32,189,737.18 in Q3 2020, indicating a growth of approximately 35.5%[37] - The total cash inflow from financing activities was ¥3,113,815.07, significantly lower than ¥62,490,165.22 in the same quarter last year, reflecting a decrease of about 95%[37] - The net cash flow from financing activities was -¥31,083,789.31, compared to a positive net cash flow of ¥8,439,903.06 in Q3 2020, showing a substantial decline[37] Inventory and Receivables - The company’s inventory increased by 54.74% compared to the end of the previous year, mainly due to new projects not yet reaching settlement conditions[8] - The company reported a significant increase in inventory, rising to CNY 466,251,983.09 from CNY 301,312,838.29, an increase of approximately 54.67%[28] - Accounts receivable decreased to CNY 642,225,664.06 from CNY 695,979,689.42, a decline of about 7.73%[28] Legal and Compliance Issues - The company has actively communicated with relevant parties regarding the non-standard audit opinion issued for the 2020 financial report[14] - The company has faced multiple lawsuits, including a case involving the chairman of the supervisory board, which has been withdrawn[16] - The company did not require adjustments to the beginning balance sheet items due to the new leasing standards implemented from January 1, 2021[38] - The Q3 2021 report was not audited, which may affect the reliability of the financial data presented[40] Shareholder Information - The company’s major shareholders include Xizang Jingyuan with 81,927,654 shares and Nanfang Yingu with 44,715,797 shares[12] - The company’s major shareholder, Xizang Jingyuan, signed and subsequently terminated a share transfer agreement with Anhui Zhongzhan[15] Loans and Financial Assistance - The company reported a total of 10,500 million RMB in external financial assistance, with a balance of 1,000 million RMB and overdue amounts of 1,000 million RMB[21] - The company’s subsidiary, Huadong Electronics, provided loans totaling 1,000 million RMB to Shanghai Pancang, with an interest rate of 8% per annum, and all amounts have been recovered[18] - The company’s subsidiary, Saiying Technology, provided a loan of 1,500 million RMB to Beijing Jingxilong, with the loan period extending until December 31, 2021, and the amount has been recovered[19] - The company has issued notifications to subsidiaries to recover overdue amounts and clean up unauthorized financial assistance[21] Research and Development - Research and development expenses increased to ¥46,922,101.12, up 13.1% from ¥41,376,439.64 in the previous period[33] - The company has not disclosed any significant new product developments or market expansion strategies in the current report[19]