大禹节水(300021) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 reached ¥667,404,012.54, representing a 79.01% increase year-over-year[3] - Net profit attributable to shareholders was ¥30,951,196.10, up 46.60% compared to the same period last year[3] - The net profit after deducting non-recurring gains and losses was ¥29,764,945.02, reflecting a 76.71% increase year-over-year[3] - The company's basic earnings per share for the period was ¥0.0388, an increase of 44.78% year-over-year[3] - The total profit for the period was ¥80,379,275.89, representing a 34% increase compared to the previous year, attributed to the rise in operating revenue.[8] - Net profit for the period was CNY 69,080,414.18, representing a 31.3% increase from CNY 52,612,285.88 in the same period last year[20] - Operating profit increased to CNY 82,100,980.73, up 25.8% from CNY 65,231,088.60 in the previous year[20] - Basic earnings per share improved to CNY 0.0787, compared to CNY 0.0612 in the previous year[20] Assets and Liabilities - The total assets at the end of the reporting period were ¥5,584,370,418.08, a 1.42% increase from the end of the previous year[3] - The company's total assets reached ¥5,584,370,418.08, slightly up from ¥5,506,071,992.39, reflecting a growth of approximately 1.4%[17] - The total liabilities as of September 30, 2021, were ¥3,623,314,704.18, compared to ¥3,549,218,032.14 at the end of 2020, marking an increase of about 2.1%[18] - The company’s total liabilities increased significantly, with current liabilities rising by 167.44% to ¥49,527,730.20, primarily due to the increase in short-term tax payable.[8] - Long-term borrowings increased significantly to ¥583,640,355.43 from ¥249,255,100.69, representing a rise of about 133.4%[18] - The total equity attributable to shareholders decreased by 0.73% to ¥1,646,578,218.03 compared to the end of the previous year[3] - The total equity attributable to shareholders decreased to ¥1,646,578,218.03 from ¥1,658,679,590.05, indicating a decline of approximately 0.7%[18] Cash Flow - The cash flow from operating activities showed a net outflow of ¥392,499,660.62, a decline of 110.51% compared to the previous year[3] - The company's cash flow from operating activities showed a net outflow of ¥392,499,660.62, a decline of 110.51% year-on-year, primarily due to increased procurement.[8] - The company reported a net cash outflow from investing activities of ¥46,471,015.53, a 73.25% increase compared to the previous year, mainly due to reduced external investments.[8] - The net cash flow from investment activities was -46,471,015.53 CNY, a decrease from -173,723,241.89 CNY in the previous year[24] - The total cash inflow from financing activities was 1,215,343,860.00 CNY, compared to 1,445,886,125.00 CNY in the same period last year[24] - The net cash flow from financing activities was 321,713,296.07 CNY, down from 561,520,112.38 CNY year-over-year[24] - The cash and cash equivalents at the end of the period were 704,843,615.12 CNY, a decrease from 942,472,859.38 CNY at the end of the previous year[24] Research and Development - Research and development expenditures increased by 158.67% to ¥27,967,893.98, indicating a focus on innovation[7] - Research and development expenses increased by 71.86% to ¥19,905,529.27, indicating a significant growth in R&D investment during the period.[8] - Research and development expenses rose to CNY 19,905,529.27, an increase of 71.5% compared to CNY 11,582,267.08 in the prior period[19] Operational Highlights - The company's operating revenue for Q3 2021 reached ¥1,704,608,403.52, a 54.19% increase compared to the same period last year, primarily due to an increase in project bids and the acquisition of Beijing Huitu Technology Group Co., Ltd.[8] - Operating costs rose to ¥1,282,073,981.20, reflecting a 55.25% increase year-on-year, mainly driven by the increase in revenue.[8] - The total cost of operations was CNY 1,611,465,340.42, an increase of 54.7% from CNY 1,040,891,911.49 in the prior period[19] Market Strategy - The company plans to continue its market expansion and product development strategies, focusing on enhancing its competitive edge in the industry[15] Shareholder Information - The company has a total of 161,743,678 restricted shares, with 12,810,000 shares released during the current period, which is 8% of the total[14] Other Information - The report for the third quarter was not audited[30] - The company has implemented new leasing standards affecting the financial statements, requiring adjustments to the balance sheet[25]