世嘉科技(002796) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 was ¥281,521,331.99, a decrease of 37.14% compared to the same period last year[4]. - The net profit attributable to shareholders was -¥588,802,301.30, representing a decline of 4,904.99% year-over-year[4]. - The basic earnings per share for Q3 2021 was -¥2.34, a decrease of 4,780.00% compared to the same period last year[4]. - Total operating revenue for Q3 2021 was ¥971,081,378.83, a decrease of 27% compared to ¥1,330,766,281.43 in the same period last year[24]. - The company reported a net loss of ¥608,392,521.39 for Q3 2021, compared to a net profit of ¥52,358,641.77 in Q3 2020[25]. - Operating profit turned negative at ¥-625,833,675.92, down from a profit of ¥62,786,035.76 in the previous year[25]. - The total comprehensive loss for the quarter was ¥608,424,239.55, compared to a comprehensive income of ¥52,190,741.83 in Q3 2020[26]. Assets and Liabilities - The total assets at the end of Q3 2021 were ¥1,648,042,977.26, down 31.79% from the end of the previous year[5]. - The company reported a total current assets of RMB 994,392,469.18 as of September 30, 2021, down from RMB 1,321,402,265.80 on December 31, 2020, representing a decrease of approximately 25%[20]. - The company's cash and cash equivalents decreased to RMB 219,753,846.60 from RMB 421,735,084.07, a decline of about 48%[19]. - The total liabilities as of September 30, 2021, were RMB 668,618,653.19, compared to RMB 828,674,890.17 at the end of 2020, indicating a reduction of approximately 19%[22]. - The company's total equity attributable to shareholders was RMB 957,296,813.04, down from RMB 1,562,233,292.72, indicating a decrease of approximately 39%[22]. Cash Flow - The company reported a net cash flow from operating activities of -¥51,122,914.97, a decline of 65.36% year-to-date[4]. - Cash flow from operating activities showed a net outflow of ¥51,122,914.97, an improvement from a net outflow of ¥147,587,281.43 in the same quarter last year[29]. - Investment activities resulted in a net cash outflow of ¥189,167,433.84, compared to a smaller outflow of ¥45,485,842.86 in Q3 2020[29]. - The company received tax refunds of 18,397,372.39, a 103.87% increase, primarily from its subsidiary's increased export tax refunds[10]. - Cash flow from investment activities showed a significant decline of 315.88%, totaling -189,167,433.84, primarily due to increased financial product purchases[10]. Receivables and Inventory - The company experienced a significant increase in receivables, with notes receivable rising by 824.39% to ¥123,054,757.42[8]. - The company reported a significant increase in accounts receivable, which rose to RMB 212,390,908.72 from RMB 203,452,190.55, an increase of approximately 4%[19]. - The company’s inventory decreased to RMB 212,993,776.05 from RMB 222,885,321.32, a decline of about 4%[20]. Impairments and Losses - The company’s goodwill was fully impaired, resulting in a 100% decrease from ¥549,171,891.55[9]. - The company reported a credit impairment loss of -6,182,296.95, an increase of 243.05% compared to the previous year, primarily due to an increase in commercial bills received from customers[10]. - Asset impairment losses amounted to -576,696,720.57, reflecting a 100% increase due to goodwill impairment and increased inventory write-downs[10]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 23,812, with the largest shareholder holding 28.46% of the shares[13]. - The company has committed to a share buyback plan with a total fund of no less than RMB 30 million and no more than RMB 60 million, with a maximum repurchase price of RMB 14.44 per share[17]. - The company’s major shareholders have committed not to reduce their holdings for six months from June 25, 2021, to December 24, 2021[16]. Other Financial Metrics - The weighted average return on equity was -46.98%, down from -48.02% at the beginning of the year[4]. - The company received government subsidies totaling ¥1,518,273.09, a decrease of 65.85% compared to the previous year[9]. - Investment income increased by 258.23% to ¥4,921,676.09, attributed to the growth in net profit of associated companies[9]. - The company redeemed financial products worth 241,000,000.00, a 77.21% increase compared to the previous year[10]. - Investment cash outflows surged by 164.84% to 339,000,000.00, mainly due to increased purchases of financial products[10]. - The company experienced a foreign exchange loss of -501,279.52, which was a 74.53% decrease compared to the previous period, indicating reduced impact from USD fluctuations[11].