辉丰股份(002496) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 was ¥133,662,737.72, a decrease of 70.54% compared to the same period last year[3]. - The net profit attributable to shareholders was -¥18,089,674.92, representing a decline of 109.20% year-on-year[3]. - The net profit after deducting non-recurring gains and losses was -¥39,991,728.62, a decrease of 991.42% compared to the previous year[3]. - The basic earnings per share (EPS) was -¥0.01, down 108.05% from the same period last year[3]. - Operating revenue decreased by 30.19% to ¥854,287,579.78 primarily due to the disposal of a subsidiary[12]. - Total operating revenue for Q3 2021 was ¥854,287,579.78, a decrease of 30.1% compared to ¥1,223,786,096.07 in the same period last year[32]. - The company's total liabilities amounted to ¥1,539,477,156.90, a decrease of 40.4% from ¥2,581,112,766.44 year-on-year[25]. - The net profit attributable to the parent company was CNY 527,213,403.12, compared to CNY 148,311,441.90 in the same period last year, representing a significant increase[34]. - The total profit for the period was CNY 562,872,583.90, up from CNY 125,809,208.03 year-on-year[34]. - Operating profit reached CNY 577,412,741.74, a substantial rise from CNY 125,552,093.21 in the previous year[34]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,204,271,437.81, a decrease of 15.36% from the end of the previous year[5]. - Total current assets decreased from 1,559,288,393.04 CNY at the end of 2020 to 1,025,633,561.74 CNY by September 30, 2021, a decline of approximately 34%[22][23]. - Total non-current assets decreased from 3,407,744,214.17 CNY to 3,178,637,876.07 CNY, a reduction of approximately 7%[23]. - The current liabilities totaled ¥1,210,152,385.49, a decrease of 44.3% from ¥2,172,476,247.00 year-on-year[25]. - The estimated liabilities stood at ¥209,039,685.29, slightly down from ¥212,827,264.64 in the previous year[25]. - Deferred income tax liabilities decreased to ¥90,308,361.64 from ¥155,059,894.95, indicating a reduction of 41.8%[25]. Cash Flow - The cash flow from operating activities was -¥19,846,276.53, a decline of 110.02% year-to-date[3]. - Net cash flow from operating activities decreased by 110.02% to -¥19,846,276.53 due to increased payments[13]. - The company reported a total cash inflow from operating activities of CNY 1,407,069,604.62, compared to CNY 1,981,808,200.86 in the previous year[39]. - The net cash flow from investing activities increased by 515.39% to ¥510,099,616.27 due to proceeds from the disposal of subsidiary stakes[13]. - The net cash flow from financing activities decreased by 131.88% to -¥760,180,120.23 primarily due to loan repayments[13]. - The total cash and cash equivalents at the end of the period were 61,724,379.54 CNY, down from 134,918,567.59 CNY at the end of the previous year[41]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 37,015[16]. - The largest shareholder, Zhong Hangen, holds 42.23% of shares, amounting to 636,631,953 shares, with 477,473,965 shares pledged[16]. Operational Changes - Accounts receivable decreased by 43.74% to ¥202,517,294.62 primarily due to the disposal of a 51% stake in a subsidiary[11]. - Other receivables increased by 633.99% to ¥324,220,470.82 due to increased receivables from equity transfer[11]. - Inventory decreased by 56.24% to ¥279,690,506.46 as a result of the disposal of a subsidiary[11]. - Long-term equity investments increased by 847.89% to ¥1,322,983,899.49 due to the change in accounting treatment after the disposal of a subsidiary[11]. - The company is involved in several ongoing litigation matters, including appeals and disputes related to equity transfers[20]. - The company has not disclosed any new product developments or market expansion strategies in the current report[20]. Research and Development - Research and development expenses amounted to CNY 20,833,795.06, slightly down from CNY 23,016,754.98 in the same quarter last year[33]. - The company aims to enhance its market expansion strategies and invest in new product development to drive future growth[28].