*ST围海(002586) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥357,645,008.79, a decrease of 35.51% compared to the same period last year[3]. - Net profit attributable to shareholders for Q3 2021 was ¥11,098,081.31, an increase of 112.65% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥19,427,805.23, a decrease of 89.44% compared to the same period last year[3]. - The company's basic earnings per share for Q3 2021 was ¥0.0097, an increase of 112.65% year-on-year[3]. - The net profit for the period was ¥28,186,874.42, a significant recovery from a net loss of ¥121,055,558.76 in the previous period[22]. - The net profit attributable to the parent company was ¥29,829,901.52, compared to a loss of ¥118,353,893.57 in the same period last year[23]. - The company reported a basic and diluted earnings per share of ¥0.0261, recovering from a loss of ¥0.1034 per share in the previous period[23]. Assets and Liabilities - The total assets at the end of the reporting period were ¥7,488,866,149.17, a decrease of 7.88% from the end of the previous year[3]. - Total liabilities decreased to ¥4,174,730,499.46 from ¥4,842,384,995.33[22]. - The company's current assets decreased to RMB 2.81 billion from RMB 3.33 billion, representing a decline of about 15.6%[17]. - The company's short-term borrowings were RMB 1.21 billion, down from RMB 1.35 billion, indicating a reduction of approximately 9.9%[18]. - Total liabilities decreased by 54.04% to CNY 719.61 million, primarily due to the settlement of the Gu Wenzhu guarantee case[8]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥65,688,823.97, a decrease of 127.78% compared to the same period last year[3]. - Cash flow from operating activities showed a net outflow of ¥65,688,823.97, worsening from a net outflow of ¥28,838,529.25 in the prior period[25]. - The net cash flow from investment activities was 210,811,266.52 CNY, a significant improvement compared to -49,282,430.85 CNY in the previous period[27]. - Cash inflow from financing activities totaled 1,038,300,000.00 CNY, up from 871,987,067.98 CNY in the previous period[27]. - The net cash flow from financing activities was -277,911,065.80 CNY, an improvement from -363,074,026.18 CNY in the previous period[27]. - The total cash and cash equivalents at the end of the period were 185,483,218.26 CNY, down from 309,483,850.20 CNY at the end of the previous period[27]. Shareholder Information - The company had a total of 13,397 common shareholders at the end of the reporting period[10]. - The largest shareholder, Zhejiang Weihai Holdings Group Co., Ltd., holds 43.06% of the shares, with 492,677,204 shares pledged and frozen[10]. Other Financial Metrics - The weighted average return on net assets was 0.34% for the reporting period, down from 2.74% in the previous year[3]. - The company experienced a significant increase in contract liabilities, which rose by 98.44% due to prepayments received for projects commenced during the period[7]. - The company reported a total of ¥30,525,886.54 in non-recurring gains and losses for the reporting period[5]. - Investment income turned positive at CNY 43.43 million, a turnaround of 162.69% from a loss in the previous period, attributed to the recognition of gains from the transfer of Agricultural Bank Fund and BT repurchase period income[8]. - Research and development expenses decreased by 38.89% to CNY 77.62 million, primarily due to the absence of consolidated expenses from Q1-Q3 of the previous year[8]. - The company reported a significant increase in other income, which rose by 777.88% to CNY 994.87 million, mainly due to the resolution of the Gu Wenzhu guarantee case[8]. Legal and Regulatory Issues - The company has been under investigation by the China Securities Regulatory Commission for alleged information disclosure violations since July 2019, with no conclusive findings reported yet[12]. - The company has applied for financing of up to RMB 1.6 billion to address overdue bank loans, with no lawsuits or protective measures taken by banks as of the report date[14]. - The company has returned part of the overdue raised funds during the reporting period, but still faces challenges in repaying the remaining amounts[14]. - The company is undergoing a restructuring process involving its controlling shareholder and eight related companies, with no final investment agreements established yet[15]. - The company has lost control over a significant subsidiary, Shanghai Qinnian, and is currently assessing its performance commitments[13].