盛路通信(002446) - 2021 Q3 - 季度财报

Revenue and Profit - Revenue for Q3 2021 was CNY 236,571,033.76, a decrease of 10.43% compared to the same period last year[4] - Net profit attributable to shareholders was CNY 13,342,251.86, down 90.27% year-on-year[4] - The company reported a 90.77% decrease in total profit for the first nine months of 2021 compared to the same period in 2020[13] - The company's basic earnings per share for Q3 2021 was CNY 0.02, down 86.67% year-on-year[4] - The total profit for the period was 14,981,663.85 CNY, with a net profit of 13,401,294.71 CNY, reflecting a significant increase compared to the previous period's net profit of 167,013,490.97 CNY[39] - The basic earnings per share for the current period was 0.02 CNY, consistent with the previous period's earnings per share of 0.20 CNY[42] Cash Flow and Operating Activities - Cash flow from operating activities showed a net outflow of CNY 184,502,184.18, a decrease of 407.09% compared to the previous year[4] - Cash received from sales decreased by 31.13% in the first nine months of 2021 compared to the same period in 2020, primarily due to the exclusion of Hezheng Electronics from the consolidated financial statements[17] - Cash paid for other operating activities decreased by 33.13% in the first nine months of 2021, mainly due to the exclusion of Hezheng Electronics from the consolidated financial statements[17] - Cash inflow from investment activities totaled 1,721,487,226.70 CNY, a substantial increase from 1,018,779,988.22 CNY in the prior period[47] - The net cash flow from investment activities was -239,391,638.24 CNY, worsening from -89,634,355.97 CNY in the previous period[47] - The company experienced a decrease in cash inflow from sales of goods and services, which was 634,999,077.96 CNY, down from 922,025,692.93 CNY in the previous period[44] Assets and Liabilities - Total assets as of September 30, 2021, were CNY 3,882,286,729.28, a slight decrease of 0.22% from the end of the previous year[4] - Accounts receivable increased by 33.90% compared to December 31, 2020, due to increased sales by subsidiaries[8] - Inventory increased by 54.60% compared to December 31, 2020, as subsidiaries increased stock levels[8] - Non-current assets totaled CNY 1,506,550,439.60, up from CNY 1,479,899,437.60, indicating a growth of 1.5%[32] - The total liabilities decreased to CNY 803,163,617.45 from CNY 839,767,206.65, a reduction of 4.4%[32] Operating Costs and Expenses - Total operating costs amounted to CNY 605,218,327.12, down 29.8% from CNY 862,759,801.57 year-on-year[36] - Operating profit for the period was CNY 12,574,096.43, significantly lower than CNY 148,683,490.40 in the previous year[36] - The company incurred operating expenses of 851,355,331.78 CNY, a decrease from 993,936,472.80 CNY in the previous period[44] - Research and development expenses were CNY 79,926,331.70, a decrease from CNY 113,496,993.89 in the previous year[36] Other Financial Metrics - The weighted average return on net assets was 0.43%, a decrease of 4.35% compared to the previous year[4] - Tax refunds received dropped by 100% in the first nine months of 2021, as there were no such gains compared to the previous year when a subsidiary received VAT refunds[17] - Cash recovered from investments increased by 66.64% in the first nine months of 2021, attributed to an increase in the purchase of bank wealth management products[17] - Cash received from investment income rose by 37.80% in the first nine months of 2021, due to increased investment in bank wealth management products[17] - Cash received from the disposal of fixed assets and other long-term assets surged by 3361.39% in the first nine months of 2021, primarily from the collection of debt transfer payments from Hezheng Electronics[17] - Cash received from other investment activities increased by 100% in the first nine months of 2021, due to the recovery of entrusted loans amounting to 18.58 million yuan from Hezheng Electronics[18] - Cash paid for investments rose by 90.84% in the first nine months of 2021, driven by increased purchases of bank wealth management products[18] - Cash received from borrowings decreased by 100% in the first nine months of 2021, as Hezheng Electronics was no longer included in the consolidated financial statements[18] - Cash paid for debt repayment decreased by 87.13% in the first nine months of 2021, primarily due to the exclusion of Hezheng Electronics from the consolidated financial statements[20] Comprehensive Income - The total comprehensive income attributable to the parent company was 14,617,174.23 CNY, compared to 178,058,405.14 CNY in the previous period[39]