威星智能(002849) - 2021 Q3 - 季度财报

Major Financial Data This section presents the company's key financial performance and position indicators for Q3 and YTD 2021, including analysis of significant changes Major Accounting Data and Financial Indicators In Q3 and YTD 2021, the company experienced year-over-year declines in several core financial metrics, including revenue and net profit attributable to shareholders 2021 Q3 and YTD Major Financial Indicators | Indicator | Current Period (Q3) (RMB) | YoY Change in Current Period | YTD (RMB) | YoY Change in YTD | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue | 283,077,821.70 | -19.24% | 907,810,033.57 | -1.50% | | Net Profit Attributable to Shareholders of Listed Company | 15,999,411.63 | -24.16% | 52,985,990.69 | -12.50% | | Net Profit Attributable to Shareholders of Listed Company (Excluding Non-recurring Items) | 16,009,752.91 | -15.67% | 51,636,021.07 | -9.16% | | Net Cash Flow from Operating Activities | —— | —— | -47,306,214.88 | 33.28% | | Basic Earnings Per Share (RMB/share) | 0.1200 | -26.06% | 0.4000 | -14.13% | | Total Assets (RMB) | 1,761,420,003.97 | -4.70% (vs. end of prior year) | 1,761,420,003.97 | -4.70% (vs. end of prior year) | | Owners' Equity Attributable to Shareholders of Listed Company (RMB) | 815,878,328.47 | 6.26% (vs. end of prior year) | 815,878,328.47 | 6.26% (vs. end of prior year) | Non-recurring Gains and Losses Items and Amounts As of the end of the reporting period, the company's total non-recurring gains and losses amounted to 1.35 million RMB, primarily from government subsidies Non-recurring Gains and Losses Items from Year-Beginning to End of Reporting Period | Item | Amount from Year-Beginning to End of Reporting Period (RMB) | | :--- | :--- | | Government subsidies included in current profit/loss | 1,586,262.61 | | Gains/losses from entrusted investment or asset management | 215,533.98 | | Other non-operating income and expenses | -199,115.59 | | Less: Income tax impact | 225,145.25 | | Less: Impact on minority interests (after tax) | 27,566.13 | | Total | 1,349,969.62 | - The company classifies VAT refunds for software integrated circuits (17.15 million RMB) and additional VAT input deduction (12,300 RMB) as recurring gains and losses, as they meet the criteria for "continuous enjoyment based on certain standards or quotas"[7] Analysis of Changes in Major Financial Data and Indicators During the reporting period, several financial items showed significant changes, including a 313.10% increase in prepayments and a 3608.73% surge in investment income Balance Sheet Major Change Items (September 30, 2021 vs December 31, 2020) | Item | Change Percentage | Primary Reason | | :--- | :--- | :--- | | Prepayments | 313.10% | Increase in prepaid material and equipment costs | | Notes Payable | 49.52% | Increased settlement of supplier payments via notes | | Accounts Payable | -35.53% | Decrease in accounts payable due to increased note settlement | | Employee Compensation Payable | -81.62% | Payment of bonuses accrued at the beginning of the period | Income Statement Major Change Items (January-September 2021 vs January-September 2020) | Item | Change Percentage | Primary Reason | | :--- | :--- | :--- | | Investment Income | 3608.73% | Increase in investment income from associates and joint ventures | | Non-operating Income | -90.52% | Decrease in non-operating income | | Income Tax Expense | -36.66% | Decrease in taxable income | | Minority Interest Income/Loss | -50.78% | Attributed to profit/loss based on minority interest proportion | Cash Flow Statement Major Change Items (January-September 2021 vs January-September 2020) | Item | Change Percentage | Primary Reason | | :--- | :--- | :--- | | Cash Received from Other Investing Activities | -72.84% | Decrease in investment in wealth management products | | Cash Paid for Other Investing Activities | -72.88% | Decrease in cash recovered from wealth management product investments | | Cash Paid for Distribution of Dividends, Profits, or Interest Payments | 83.89% | Increase in interest payments on bank loans | Shareholder Information This section details the total number of common shareholders and the shareholding status of the top ten shareholders, including pledged shares Shareholding Status of Shareholders As of the end of the reporting period, the company had 10,723 common shareholders, with the top three holding significant stakes - As of the end of the reporting period, the company had 10,723 common shareholders[13] Top Ten Shareholders' Shareholding Status | Shareholder Name | Shareholder Nature | Shareholding Percentage | Number of Shares Held | Pledged/Frozen Status | | :--- | :--- | :--- | :--- | :--- | | Huang Wenqian | Domestic Natural Person | 21.75% | 28,790,650 | Pledged 6,050,000 | | Shenzhen Zhongran Technology Co., Ltd. | Domestic Non-State-Owned Legal Person | 12.24% | 16,200,000 | - | | Fan Huiqun | Domestic Natural Person | 5.39% | 7,130,600 | - | | Ma Shanbing | Domestic Natural Person | 3.48% | 4,608,800 | - | | Xintian Technology Co., Ltd. | Domestic Non-State-Owned Legal Person | 3.47% | 4,597,700 | - | Other Significant Matters This section confirms no other significant matters required disclosure during the reporting period Other Significant Matters During the reporting period, the company had no other significant matters requiring disclosure - The company has no other significant matters to disclose in this reporting period[14] Quarterly Financial Statements This section provides consolidated financial statements for the period, including balance sheet, income statement, cash flow, and related notes Financial Statements This chapter presents the consolidated balance sheet as of September 30, 2021, and the consolidated income statement and cash flow statement from year-beginning to the end of the reporting period Consolidated Balance Sheet As of September 30, 2021, total assets were 1.76 billion RMB, total liabilities 875 million RMB, and owners' equity attributable to the parent company 816 million RMB Consolidated Balance Sheet Key Items (Unit: RMB) | Item | September 30, 2021 | December 31, 2020 | Change | | :--- | :--- | :--- | :--- | | Total Assets | 1,761,420,003.97 | 1,848,201,253.56 | -4.70% | | Total Liabilities | 874,596,392.55 | 1,014,903,344.14 | -13.82% | | Total Owners' Equity Attributable to Parent Company | 815,878,328.47 | 767,820,468.87 | 6.26% | Consolidated Income Statement from Year-Beginning to End of Reporting Period For the first three quarters of 2021, total operating revenue was 908 million RMB, a slight decrease of 1.50%, with net profit attributable to the parent company at 52.99 million RMB, down 12.50% Consolidated Income Statement Key Items (January-September 2021, Unit: RMB) | Item | Current Period Amount | Prior Period Amount | Change | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 907,810,033.57 | 921,644,070.16 | -1.50% | | Total Operating Costs | 846,293,123.30 | 835,137,768.05 | 1.34% | | Operating Profit | 69,889,442.30 | 90,070,105.93 | -22.41% | | Total Profit | 69,520,695.00 | 89,881,240.31 | -22.65% | | Net Profit Attributable to Parent Company Owners | 52,985,990.69 | 60,553,491.50 | -12.50% | | Basic Earnings Per Share | 0.4000 | 0.4658 | -14.13% | Consolidated Cash Flow Statement from Year-Beginning to End of Reporting Period In the first three quarters of 2021, net cash flow from operating activities was -47.31 million RMB, an improvement of 33.28% year-over-year, with total cash and cash equivalents decreasing by 110 million RMB Consolidated Cash Flow Statement Key Items (January-September 2021, Unit: RMB) | Item | Current Period Amount | Prior Period Amount | Change | | :--- | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -47,306,214.88 | -70,900,839.80 | 33.28% | | Net Cash Flow from Investing Activities | -43,490,900.63 | -52,714,850.72 | 17.50% | | Net Cash Flow from Financing Activities | -19,239,252.73 | 19,876,501.11 | -196.80% | | Net Increase in Cash and Cash Equivalents | -110,036,368.24 | -103,739,189.41 | -6.07% | | Cash and Cash Equivalents at End of Period | 280,877,237.32 | 238,432,787.58 | 17.80% | Explanation of Financial Statement Adjustments The company states that it adopted new lease accounting standards in 2021 but did not adjust prior period comparative data - The company did not adjust its financial statements at the beginning of 2021 due to the initial adoption of new lease accounting standards[26] Audit Report This quarterly report is unaudited - The company's 2021 third-quarter report is unaudited[26]