新宝股份(002705) - 2021 Q3 - 季度财报

Financial Performance - Total revenue for Q3 2021 was approximately ¥4.06 billion, a decrease of 0.25% compared to the same period last year[4] - Net profit attributable to shareholders was approximately ¥280.53 million, down 41.45% year-on-year[4] - The net profit after deducting non-recurring gains and losses was approximately ¥244.73 million, a decrease of 39.33% compared to the previous year[4] - The company reported a net cash flow from operating activities of approximately -¥56.83 million, a decline of 104.00% year-on-year[6] - The weighted average return on equity was 4.63%, down 5.55% compared to the previous year[4] - The basic earnings per share for Q3 2021 was ¥0.3399, a decrease of 43.15% compared to the same period last year[4] - The company reported a 34.28% decline in net profit to ¥615,800,069.49, mainly impacted by rising raw material costs[8] - The net profit for the third quarter of 2021 was CNY 615,800,069.49, a decrease of 34.3% compared to CNY 936,969,624.17 in the same period last year[28] - The total profit for the period was CNY 744,597,339.84, down 33.7% from CNY 1,123,937,774.39 in the previous year[28] - Operating profit decreased to CNY 740,607,053.00, a decline of 34.1% from CNY 1,124,302,244.36 in the prior year[28] Revenue and Sales - Domestic revenue for the first three quarters was approximately ¥216.86 million, a slight increase of 0.98% year-on-year[6] - The company experienced a 22.50% increase in foreign sales revenue, totaling approximately ¥853.52 million for the first three quarters[6] - The company's revenue from sales of goods and services received cash of CNY 10,894,752,108.04, an increase of 32.8% compared to CNY 8,206,336,566.76 in the same period last year[32] Assets and Liabilities - The total assets at the end of the reporting period were approximately ¥11.98 billion, a decrease of 4.13% from the end of the previous year[4] - The company's financial assets decreased by 60.45% to ¥125,722,716.67 due to a reduction in structured deposits and changes in the fair value of forward foreign exchange contracts[8] - Accounts receivable dropped by 58.62% to ¥8,706,893.78, primarily due to a decrease in commercial acceptance bills[8] - The total assets of the company as of September 30, 2021, were CNY 11,979,118,890.20, down from CNY 12,494,765,158.20 at the end of 2020, a decrease of 4.1%[25] - The total liabilities decreased to CNY 5,916,378,388.02 from CNY 6,391,433,877.49, a reduction of 7.4%[23] Cash Flow - The net cash flow from operating activities was negative CNY 56,830,180.96, a significant decline from a positive CNY 1,420,414,195.66 in the previous year[32] - The net cash flow from investment activities was -530,650,353.63 CNY, compared to -433,749,378.61 CNY in the previous period, indicating a decline of approximately 22%[34] - The total cash inflow from financing activities was 611,292,145.00 CNY, a decrease from 701,680,500.00 CNY, representing a decline of about 13%[34] - The net cash flow from financing activities was -416,075,802.42 CNY, worsening from -328,180,479.65 CNY in the previous period[34] Investments and Expenses - The company experienced a significant increase in investment income, rising 3,918.81% to ¥144,093,520.48, attributed to higher returns from forward foreign exchange contracts[8] - Research and development expenses for Q3 2021 were CNY 302,713,523.54, up from CNY 251,363,590.44 in Q3 2020, indicating a rise of 20.4%[26] - The company's financial expenses decreased by 88.88% to ¥9,995,452.80, primarily due to reduced foreign exchange losses[8] Shareholder Actions - The company repurchased shares, resulting in treasury stock amounting to ¥149,988,567.02[8] - The company successfully completed a private placement of 25,254,895 shares at a price of RMB 38.25 per share, raising a total of RMB 965,999,733.75[13] - The company approved a performance incentive fund of RMB 40 million for 129 eligible participants based on the 2020 annual performance assessment[13] - The company plans to use the repurchased shares for employee stock ownership plans and will cancel any unused shares if not utilized within 36 months[16] Certifications and Regulatory Approvals - The company received the High-tech Enterprise Certificate, allowing it to enjoy a reduced corporate income tax rate of 15% for three years starting from the year of certification[16] - The company’s private placement was approved by the China Securities Regulatory Commission on November 6, 2020[13] Inventory and Receivables - The company's inventory as of September 30, 2021, was CNY 2,330,139,864.22, compared to CNY 2,119,721,880.13 at the end of 2020, representing an increase of 9.9%[21] - Accounts receivable decreased to CNY 1,722,208,957.97 from CNY 1,764,906,519.82, a decline of 2.4%[21] - The accounts receivable stood at 1,764,906,519.82 CNY, remaining consistent with the previous period[36] Overall Financial Position - Total equity attributable to shareholders of the parent company reached CNY 6,037,561,883.88[40] - Total liabilities and equity amounted to CNY 12,494,765,158.20[40] - Unallocated profits stood at CNY 2,682,487,038.94[40]