金奥博(002917) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was CNY 208,610,415.51, representing a year-on-year increase of 16.28%[2] - The net profit attributable to shareholders for Q3 2021 was CNY 6,344,482.38, a decrease of 67.54% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 2,544,937.09, down 85.01% year-on-year[2] - The company reported a net profit of approximately 283.36 million yuan in retained earnings, an increase from 264.69 million yuan at the end of 2020, indicating improved profitability[20] - Net profit for the current period was ¥44,629,317.71, a decrease of 32.9% compared to ¥66,463,979.63 in the same period last year[23] - The company reported a decrease in operating profit to ¥47,445,884.20, down 37.2% from ¥75,551,732.58 in the previous period[22] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 2,193,112,942.04, an increase of 84.62% from the end of the previous year[2] - The company's total assets increased to approximately 2.19 billion yuan, compared to 1.19 billion yuan at the end of 2020, reflecting strong growth in asset base[20] - The company's total liabilities reached approximately 1.16 billion yuan, compared to 356.08 million yuan at the end of 2020, showing a substantial increase in financial obligations[20] - The total current assets as of September 30, 2021, reached approximately 1.18 billion yuan, up from 911.97 million yuan at the end of 2020, indicating a significant increase in liquidity[19] - The company's non-current assets totaled approximately 1.01 billion yuan, up from 275.93 million yuan at the end of 2020, highlighting significant investment in long-term assets[19] Cash Flow - The company reported a net cash flow from operating activities of CNY -12,474,355.37, a decrease of 10.12% year-on-year[2] - Cash flow from operating activities showed a net outflow of ¥12,474,355.37, compared to a net outflow of ¥13,878,916.54 in the previous period[26] - Cash flow from investing activities resulted in a net outflow of ¥256,821,232.12, slightly worse than the net outflow of ¥246,360,170.16 in the prior period[27] - Cash flow from financing activities generated a net inflow of ¥95,409,322.23, compared to a net inflow of ¥85,892,577.77 in the previous period[27] - The ending cash and cash equivalents balance was ¥160,897,627.38, an increase from ¥128,841,606.23 at the end of the previous period[27] Shareholder Information - Total number of common shareholders at the end of the reporting period is 15,070[12] - Basic earnings per share decreased to ¥0.1688 from ¥0.2246 in the previous period[23] Operational Changes - The company’s subsidiary, Jiangsu Tianming, experienced a 51% decrease in explosive sales revenue due to production upgrades and external market conditions[6] - The company established a joint venture with Beijing Jingmei Group, which has impacted profits during the initial integration phase[6] - The company established a joint venture with Beijing Jingmei Group, acquiring 76,000 tons of industrial explosive capacity, a 221.57% increase from 2020[16] - The company expanded its sales regions to include Hebei Province, enhancing its market presence beyond Shandong and Jiangsu[16] Financial Adjustments - The company has not undergone an audit for the third quarter report, which may affect the perception of its financial health[33] - The company has implemented the new leasing standard for the first time, resulting in adjustments to both the balance sheet and the income statement[29] - The total liabilities rose from CNY 356,080,328.83 to CNY 376,505,080.54, with an increase of CNY 20,424,751.71 attributed to the new leasing liabilities[31] - The total equity remained unchanged at CNY 831,826,107.54, indicating stability in the company's ownership structure despite the adjustments[32] Expenses - The company’s financial expenses increased by 473.84% year-on-year, primarily due to increased bank borrowings[9] - Research and development expenses rose to ¥30,354,206.36, an increase of 14.0% from ¥26,500,241.81 in the prior period[22] Inventory and Receivables - Other receivables increased by 87.08 million RMB, a rise of 1,836.46%, mainly due to new subsidiaries' receivables[12] - Inventory increased by 39.42 million RMB, up 36.05%, primarily for raw material stocking and new subsidiaries' inventory[12] - Accounts payable increased by 164.25 million RMB, a rise of 275.39%, mainly due to new subsidiaries' payables[12] - Other payables increased by 297.48 million RMB, a rise of 1,269.46%, mainly due to new subsidiaries' borrowings[12]