海源复材(002529) - 2021 Q3 - 季度财报

Financial Performance - Revenue for Q3 2021 was ¥30,101,438.40, a decrease of 33.06% compared to the same period last year[2] - Net profit attributable to shareholders was -¥33,954,615.59, representing a decline of 129.23% year-over-year[2] - Net profit after deducting non-recurring gains and losses was -¥32,360,219.39, down 94.41% from the previous year[2] - The net profit for Q3 2021 was -50,019,840.55 CNY, compared to a net profit of 2,577,629.62 CNY in Q3 2020, indicating a significant decline[19] - The operating profit for Q3 2021 was -51,163,671.28 CNY, a decrease from 2,949,274.66 CNY in the same period last year[19] - The total revenue from operating activities was 275,879,609.49 CNY, down from 367,010,172.66 CNY in Q3 2020[23] - The company reported a basic and diluted earnings per share of -0.1924 CNY, compared to 0.0099 CNY in the same quarter last year[20] Cash Flow and Assets - Cash flow from operating activities was -¥27,386,543.94, a decline of 116.99% year-to-date[2] - The company's cash and cash equivalents decreased to CNY 24,096,802.29 from CNY 99,699,025.43 at the end of 2020, representing a decline of 75.8%[14] - The total cash and cash equivalents at the end of the period were 23,917,537.81 CNY, down from 11,421,206.71 CNY in Q3 2020[24] - The investment activities generated a net cash flow of 11,136,445.22 CNY, compared to 13,416,556.20 CNY in Q3 2020[24] Assets and Liabilities - The company's total assets decreased by 7.71% to ¥1,139,148,745.54 compared to the end of the previous year[3] - Total assets decreased to CNY 1,139,148,745.54 from CNY 1,234,298,860.43, reflecting a decline of 7.7%[16] - Total liabilities decreased to CNY 331,461,446.26 from CNY 377,365,359.53, a reduction of 12.2%[16] - The company's total equity attributable to shareholders decreased to CNY 807,687,299.28 from CNY 856,933,500.90, a decline of 5.7%[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 21,789[9] - The largest shareholder, Jiangxi Saiwei Electric Power Group, held 22.00% of the shares, totaling 57,200,000 shares[9] Operational Challenges - The company faced significant revenue decline due to rising raw material prices and optimization of product lines[6] - Non-recurring losses totaled -¥1,594,396.20 for the quarter, with government subsidies contributing ¥1,044,984.17[4] - The company is under administrative supervision measures due to short-term trading violations by its executives[12] Expenses - Total operating costs for the third quarter of 2021 were CNY 214,433,342.07, down 4.1% from CNY 223,676,168.76 year-on-year[18] - Research and development expenses amounted to 10,532,402.91 CNY, compared to 13,792,032.87 CNY in the previous year, reflecting a decrease of approximately 23.5%[19] - The company incurred financial expenses of 2,921,544.46 CNY, a significant decrease from 14,756,292.03 CNY in the previous year[19] Future Plans - The company plans to issue new shares as part of a private placement, with the application submitted to the China Securities Regulatory Commission[12]