旗天科技(300061) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 was ¥232,074,660.29, a decrease of 33.37% compared to the same period last year[3]. - The net profit attributable to shareholders was -¥7,002,361.66, representing a decline of 132.65% year-on-year[3]. - Total operating revenue for the third quarter was CNY 765,935,404.76, down 15% from CNY 900,602,614.08 in the same period last year[22]. - Net profit for the quarter was a loss of CNY 24,404,428.55, compared to a loss of CNY 117,205,686.48 in the same quarter last year, indicating an improvement[23]. - The total comprehensive income attributable to the parent company for Q3 2021 was -21,574,912.33 CNY, compared to -101,479,462.99 CNY in the same period last year, indicating a significant reduction in losses[24]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥30,338,781.09, an improvement of 70.60% compared to the previous year[8]. - Cash inflow from operating activities totaled 8,684,935,388.64 CNY, down from 12,988,132,902.76 CNY year-over-year[26]. - The company reported a net cash outflow from investing activities of -3,677,733.47 CNY, worsening from -1,947,889.19 CNY in the previous year[27]. - Cash flow from financing activities resulted in a net outflow of -118,961,189.44 CNY, compared to -513,288,354.07 CNY in Q3 2020, showing a reduction in cash burn[27]. - The ending cash and cash equivalents balance was 262,188,261.74 CNY, down from 406,708,570.15 CNY at the end of Q3 2020[27]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,976,778,282.49, down 8.04% from the end of the previous year[3]. - The total assets of the company decreased to CNY 1,976,778,282.49 from CNY 2,149,607,734.64, a decline of approximately 8%[20]. - Total liabilities decreased to CNY 722,570,785.19 from CNY 837,689,933.88, reflecting a reduction of about 13.7%[20]. - The company's equity attributable to shareholders decreased to CNY 1,272,231,208.91 from CNY 1,299,463,217.37, a decrease of approximately 2.1%[20]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 37,841[10]. - The largest shareholder, Fei Zhengxiang, holds 15.30% of shares, totaling 101,094,061 shares, with 99,713,761 shares pledged[10]. - The second-largest shareholder, Shanghai Zhenyuan Enterprise Management Partnership, holds 14.10% of shares, totaling 93,195,588 shares, with shares pledged[10]. - The company has a total of 33,261,165 shares held by Nanping Yingjie Enterprise Management Partnership, representing 5.03% of the total share capital[15]. - The company has 125,746,470 shares under lock-up agreements, with 8,926,000 shares released during the reporting period[14]. Control and Governance - The company is undergoing a change in control, with the voting rights of 33,261,165 shares being delegated to Xinglu Fund[15]. - The actual controller of the company will change from Liu Tao to the People's Government of Yancheng City after the completion of the transaction[15]. - The company is currently in the approval process for the aforementioned control change transaction[16]. Operational Metrics - The company's inventory increased by 32.72% to ¥40,831,296.45, driven by business needs of subsidiaries[7]. - The company reported a significant reduction in sales expenses, which were CNY 179,334,310.83, down 29% from CNY 251,825,302.82 in the previous year[23]. - Research and development expenses were CNY 30,768,778.76, down 14% from CNY 35,907,416.08 in the previous year[23]. Other Financial Obligations - The company has long-term borrowings of approximately ¥76.06 million, indicating reliance on debt financing[31]. - The company has a total of ¥25.01 million in payable employee compensation, highlighting its obligations to staff[31]. - The company has a total of ¥41.81 million in other payables, indicating additional financial obligations[31]. - The company has a total of ¥4.51 million in other current liabilities, reflecting short-term financial commitments[31]. Audit and Compliance - The company has not undergone an audit for the third quarter report, which may affect the reliability of the financial data presented[32].