银宝山新(002786) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥639,582,109.90, a decrease of 21.60% compared to the same period last year[4] - The net profit attributable to shareholders was -¥110,585,778.37, an increase of 269.46% year-on-year, indicating significant losses[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥109,445,687.98, up 116.60% from the previous year[4] - The company reported a net loss of -¥297,372,808.61 for the current period, compared to -¥34,136,417.53 in the previous period, highlighting a worsening financial performance[33] - The total comprehensive loss for the period was -265,684,431.62 CNY, compared to -32,246,320.69 CNY in the previous period, reflecting a worsening financial position[36] - The basic and diluted earnings per share were both -0.57 CNY, compared to -0.07 CNY in the previous period, showing a decline in profitability[36] Assets and Liabilities - The total assets at the end of Q3 2021 were ¥4,480,666,137.98, representing a 4.70% increase from the end of the previous year[4] - Total assets increased to ¥4,480,666,137.98 from ¥4,279,700,122.14, reflecting a growth of 4.7%[28] - Total liabilities decreased slightly to ¥3,645,139,022.94 from ¥3,675,919,158.86, a reduction of 0.8%[28] - The company has a short-term loan of approximately CNY 1.02 billion, reflecting its reliance on external financing[49] - The company’s total liabilities increased by approximately CNY 91.74 million compared to the previous period, indicating rising financial obligations[49] Shareholder Information - The total number of common shareholders at the end of the reporting period was 28,752, with the top ten shareholders holding a combined 65.04% of shares[12] - The largest shareholder, Bangxin Asset Management Co., Ltd., holds 27.49% of shares, amounting to 136,266,000 shares[12] - The top ten shareholders include both state-owned and private entities, indicating a diverse ownership structure[12] Cash Flow - The net cash flow from operating activities was -¥258,691,352.71, a decline of 488.20% year-on-year[4] - Cash flow from operating activities resulted in a net outflow of -258,691,352.71 CNY, a significant decrease from a net inflow of 66,639,021.32 CNY in the previous period[40] - The net cash flow from financing activities was 555,280,466.98 CNY, an increase from 151,344,026.77 CNY in the previous period, indicating improved financing conditions[42] Inventory and Receivables - Accounts receivable decreased to approximately RMB 569.99 million from RMB 639.90 million year-over-year[21] - Inventory increased to approximately RMB 1.43 billion, up from RMB 1.28 billion at the end of 2020[21] - The company’s other receivables amounted to approximately CNY 45.63 million, indicating potential liquidity issues[46] Borrowings and Debt - The company reported a significant increase in long-term borrowings by 262.27% to ¥272,970,000.00[7] - Long-term borrowings rose to ¥272,970,000.00 from ¥75,350,000.00, indicating a significant increase in long-term debt[28] Operational Costs - Total operating costs for the current period were ¥2,124,522,938.50, down 22.2% from ¥2,729,255,511.70 in the previous period[33] - Operating profit for the current period was -¥294,759,524.33, compared to -¥33,064,006.44 in the previous period, indicating a significant increase in losses[33] Tax and Refunds - The company reported a tax refund of 44,832,125.64 CNY, a notable increase from 4,910,836.97 CNY in the previous period, indicating improved tax recovery[40] Future Plans and Management - The company has plans for significant matters involving its controlling shareholder, which may impact future operations[20] - The company has engaged in cash management with temporarily idle raised funds, indicating proactive financial management strategies[20]