ST鼎龙(002502) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥159,451,728.01, representing a 134.75% increase year-over-year[4] - The net profit attributable to shareholders was -¥21,639,611.56, a decrease of 3,099.77% compared to the same period last year[4] - The net cash flow from operating activities was -¥202,115,734.75, reflecting a decline of 219.23% year-to-date[11] - Total operating revenue for Q3 2021 was CNY 385,398,186.59, an increase from CNY 338,801,868.00 in the same period last year, representing a growth of approximately 13.9%[23] - The net profit for Q3 2021 was a loss of CNY 13,800,305.61, compared to a profit of CNY 27,014,580.50 in Q3 2020, reflecting a significant decline in profitability[24] - Total operating costs for Q3 2021 amounted to CNY 397,621,331.33, up from CNY 332,066,909.00, indicating a rise of about 19.7%[23] - The total comprehensive income attributable to the parent company was -16,029,070.35 yuan, compared to 18,137,552.30 yuan in the previous period[25] Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,519,142,586.88, an increase of 11.11% from the previous year[4] - Total liabilities rose to CNY 571,379,210.44, compared to CNY 338,620,274.22, which is an increase of about 68.6%[21] - The company's total assets increased to CNY 2,519,142,586.88 from CNY 2,267,190,128.42, marking a growth of approximately 11.1%[22] - Total liabilities amounted to CNY 338,620,274.22, a decrease of CNY 15,534,938.73 compared to the previous period[33] - Total current liabilities were CNY 761,075,623.44, showing a decrease of CNY 1,105,030.00 compared to the previous period[38] Shareholder Information - The total number of common shareholders at the end of the reporting period is 25,334[13] - The largest shareholder, Hangzhou Dinglong Enterprise Management Co., Ltd., holds 12.86% of shares, totaling 118,290,557 shares, with 70,974,335 shares pledged[13] - The second-largest shareholder, Guo Xiangbin, holds 10.71% of shares, totaling 98,563,119 shares, with all shares pledged and frozen[13] - The top ten shareholders include several entities with significant shareholdings, indicating concentrated ownership[14] - The company has not disclosed any other significant shareholder relationships or agreements beyond those mentioned[14] Cash Flow - As of September 30, 2021, the company's cash and cash equivalents amounted to RMB 101,465,110.65, a decrease from RMB 409,637,257.61 at the end of 2020[19] - Cash inflow from operating activities totaled 460,325,678.06 yuan, compared to 660,343,461.55 yuan in the previous period[26] - Cash outflow from operating activities was 662,441,412.81 yuan, up from 490,820,312.61 yuan in the previous period[28] - Total cash and cash equivalents at the end of the period were 88,082,965.60 yuan, down from 419,625,576.22 yuan at the end of the previous period[29] - The company reported a decrease in cash flow from other operating activities to 88,502,557.48 yuan from 62,003,086.81 yuan in the previous period[26] Operational Metrics - Accounts receivable increased by 89.04% to ¥168,969,862.76, primarily due to increased receivables from titanium mining operations[10] - Inventory surged by 159.33% to ¥134,585,780.47, mainly due to rising production costs in film and television projects[11] - The company reported a significant increase in contract liabilities, up 1,441.44% to ¥38,494,096.74, attributed to pre-received payments for film sales[11] - The company experienced a 100% increase in trading financial assets, reaching ¥10,000,000.00, due to the purchase of bank wealth management products[10] - The company reported a significant increase in accounts payable, which reached CNY 77,589,975.15, compared to CNY 68,084,886.29 in the previous year, reflecting a rise of about 14.5%[21] Research and Development - Research and development expenses for Q3 2021 were CNY 9,744,927.13, a decrease from CNY 15,253,184.62 in the previous year, indicating a reduction of approximately 36.5%[23] Other Information - The company has extended the duration of its first employee stock ownership plan until November 10, 2022[17] - The company’s wholly-owned subsidiary changed its name to Dinglong Trade Investment (Guangzhou) Co., Ltd. in July 2021[18] - The company has implemented the new lease accounting standard since January 1, 2021, affecting the financial statements[34] - The report for the third quarter was not audited, which may impact the reliability of the financial data presented[40] - The company has a capital reserve of CNY 1,897,011,916.85, which remains stable compared to the previous period[39]