中天精装(002989) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 was ¥739,008,540.44, a decrease of 3.84% compared to the same period last year[8]. - Net profit attributable to shareholders was ¥48,764,523.32, down 28.09% year-on-year[8]. - The basic earnings per share decreased by 28.89% to ¥0.32[8]. - Total operating revenue for Q3 2021 was CNY 1,754,725,952, a decrease of 5.35% compared to CNY 1,853,986,297.44 in the same period last year[28]. - Net profit for Q3 2021 was CNY 117,143,001.21, representing a decline of 25.06% from CNY 156,364,600.76 in Q3 2020[29]. - Basic and diluted earnings per share for Q3 2021 were both CNY 0.77, down from CNY 1.24 in the same quarter last year[30]. Assets and Liabilities - Total assets increased by 4.65% to ¥3,198,165,523.04 compared to the end of the previous year[8]. - Total assets as of the end of Q3 2021 amounted to CNY 3,198,165,523.04, an increase from CNY 3,055,984,211.41 at the end of Q3 2020[26]. - Total liabilities increased to CNY 1,515,124,428.76 in Q3 2021 from CNY 1,436,364,697.08 in the same period last year[26]. - The company’s total liabilities included short-term borrowings of 292,946,241.48 CNY and accounts payable of 819,041,854.83 CNY[37]. - Total liabilities amounted to CNY 1,436,364,697.08, an increase of CNY 592,259.21 compared to the previous period[38]. Cash Flow - Cash flow from operating activities showed a net outflow of ¥19,100,740.11, a significant decrease of 223.85%[13]. - The net cash flow from operating activities was -19,100,740.11 CNY, a decrease from 15,422,283.48 CNY in the previous year[33]. - The company reported a total operating cash inflow of 1,648,344,096.07 CNY, compared to 1,739,876,587.01 CNY in the previous year[33]. - Cash received from sales of goods and services in Q3 2021 was CNY 1,563,316,148.92, a decrease of 7.13% compared to CNY 1,683,136,178.08 in Q3 2020[32]. - The net cash flow from financing activities was -224,221,127.94 CNY, compared to a positive 698,202,952.52 CNY in the same period last year[34]. Investments and Expenses - Research and development expenses surged by 603.82% to ¥53,244,949.31 due to increased investment in R&D[13]. - Research and development expenses for Q3 2021 were CNY 53,244,949.31, significantly higher than CNY 7,565,091.34 in the same period last year[29]. - The company reported a 146.59% increase in investment income, totaling ¥11,138,314.73, attributed to higher returns from financial products[13]. - Cash paid for purchasing goods and services was 1,125,422,100.94 CNY, a decrease from 1,356,037,018.16 CNY year-over-year[33]. - Cash paid for investment activities totaled 71,837,909.58 CNY, compared to 744,409,872.42 CNY in the same period last year[33]. Shareholder Information - The company has raised a total of RMB 928,082,000.00 from its initial public offering, with a net amount of RMB 781,805,774.02 after deducting expenses[20]. - The top shareholder, Shenzhen Zhongtian Investment Co., Ltd., holds 29.06% of the shares, while the second-largest shareholder, Shenzhen Zhongtian Investment Co., Ltd., holds 23.78%[16]. - The company’s total equity attributable to shareholders rose by 3.92% to ¥1,683,041,094.28 compared to the end of the previous year[8]. - The company’s total equity attributable to shareholders was RMB 1,624,865.53, down from RMB 2,168,514.15 at the end of 2020, representing a decrease of approximately 25.2%[24]. Inventory and Receivables - Inventory increased by 188.21% to ¥36,095,184.34, driven by new project launches and increased raw material stock[13]. - The company reported an increase in inventory from RMB 12,523,807.03 to RMB 36,095,184.34, marking a growth of approximately 187.5%[24]. - The accounts receivable remained stable at RMB 1,394,823,084.63, slightly decreasing from RMB 1,395,382,623.29[24]. Strategic Initiatives - The company is actively pursuing market expansion and new product development as part of its strategic initiatives[19]. - The company plans to adjust its public offering of convertible bonds, which was approved by the board on October 16, 2021[18]. Audit and Compliance - The third-quarter report was not audited, indicating a potential area for further scrutiny[40].