长缆科技(002879) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥242,773,833.20, representing a year-on-year increase of 1.83%[3] - The net profit attributable to shareholders for Q3 2021 was ¥23,695,007.86, a decrease of 9.43% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥18,295,642.77, down 23.98% year-on-year[3] - The total operating revenue for the period reached RMB 733,217,847.54, an increase from RMB 658,963,805.54 in the previous period[17] - The net profit for Q3 2021 was CNY 113,036,100.85, an increase of 6.3% compared to CNY 106,041,278.61 in Q3 2020[20] - The total comprehensive income for the period was CNY 113,036,100.85, up from CNY 106,041,278.61 in the previous year, marking a growth of 6.3%[20] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was -¥57,483,308.81, a decline of 124.06% compared to the previous year[3] - The cash and cash equivalents decreased by 41.54% to ¥256,693,498.97 due to increased investments in financial products[8] - The cash flow from operating activities showed a net outflow of CNY 57,483,308.81, worsening from a net outflow of CNY 25,655,232.14 in the same period last year[22] - The cash and cash equivalents at the end of the period were CNY 241,247,660.32, compared to CNY 215,696,985.70 at the end of Q3 2020, showing an increase of 11.8%[23] - The company incurred a total cash outflow from investing activities of CNY 87,370,319.85, an improvement from a significantly higher outflow of CNY 478,371,664.72 in the previous year[22] - The total cash outflow from financing activities was CNY 40,846,266.37, a decrease from CNY 84,739,975.55 in the same period last year, indicating improved cash management[22] Assets and Liabilities - The total assets at the end of Q3 2021 were ¥1,984,273,087.14, an increase of 0.99% from the end of the previous year[3] - The company's total assets as of September 30, 2021, were RMB 1,984,273,087.14, compared to RMB 1,964,762,880.08 at the end of the previous year[17] - The total liabilities decreased to RMB 376,541,577.56 from RMB 428,738,552.16, showing improved financial stability[16] Operational Costs and Expenses - The total operating costs amounted to RMB 616,307,617.61, compared to RMB 541,972,151.92 in the previous period, indicating a significant rise in costs[17] - Research and development expenses were RMB 46,207,675.64, up from RMB 38,460,284.12, reflecting a focus on innovation[17] Shareholder Value - The company's equity attributable to shareholders reached RMB 1,607,731,509.58, up from RMB 1,536,024,327.92, reflecting growth in shareholder value[17] - The company reported a net profit increase, with undistributed profits rising to RMB 797,466,140.97 from RMB 725,758,959.31, indicating strong profitability[17] - The company's weighted average return on equity was 1.48%, down 0.30% from the previous year[3] - The company reported a basic and diluted earnings per share of CNY 0.63, compared to CNY 0.59 in the previous year, indicating a 6.8% increase[20] Inventory and Receivables - Accounts receivable increased to RMB 579,037,749.97 from RMB 537,508,104.58, suggesting a growing customer base[15] - Inventory levels rose to RMB 239,611,618.70 from RMB 183,620,476.76, which may indicate increased production or stockpiling[15] Other Income - The company's other income increased by 50.84% to ¥8,635,621.65, primarily due to increased government subsidies[8] - The investment income for the year-to-date was ¥6,883,464.33, reflecting a 67.40% increase compared to the previous year[8] Prepayments - The company reported a significant increase in prepayments by 65.01% to ¥14,860,805.61, attributed to higher material payments[8] Leasing Standards - The company did not adjust the initial balance sheet items for the new leasing standards as there were no applicable lease assets at the beginning of the reporting period[24]