科新机电(300092) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 reached ¥235,657,539.12, representing an increase of 18.04% compared to the same period last year[3] - Net profit attributable to shareholders decreased by 7.89% to ¥24,777,316.46 for Q3 2021, while the net profit excluding non-recurring gains and losses increased by 12.38% to ¥24,406,369.55[3] - The company's net profit for the period was CNY 85,354,989.61, showing an increase from CNY 81,993,921.83 in the previous period[22] - The net profit for Q3 2021 was CNY 76,511,004.71, an increase of 8.3% compared to CNY 70,618,750.95 in the same period last year[24] - The total profit for the period was CNY 85,194,082.58, up from CNY 80,776,923.59 year-over-year[24] - The basic earnings per share increased to CNY 0.3304 from CNY 0.3073, reflecting a growth of 7.9%[24] Assets and Liabilities - The total assets at the end of Q3 2021 amounted to ¥1,309,483,179.28, reflecting a growth of 10.60% from the end of the previous year[3] - Current assets totaled CNY 1,089,581,630.21, up from CNY 962,127,697.96, indicating strong liquidity[20] - The total liabilities increased to CNY 578,118,344.47 from CNY 517,886,701.87, indicating a rise in financial obligations[21] - The company's total assets reached CNY 1,309,483,179.28, compared to CNY 1,183,934,520.81 in the previous period, reflecting growth in asset base[21] Cash Flow - The company's cash flow from operating activities showed a significant decline of 95.87%, totaling ¥1,021,323.52 year-to-date[3] - Operating cash inflow totaled CNY 512.54 million, an increase of 11.93% compared to the previous period, primarily due to increased cash received from sales of goods and services[12] - Operating cash outflow amounted to CNY 511.51 million, an increase of 18.09%, mainly due to higher marketing orders and increased payments for goods and services[12] - Net cash flow from operating activities was CNY 1.02 million, a significant decrease of 95.87% compared to the previous period[12] - The net increase in cash and cash equivalents was CNY -9.19 million, a decline of 159.59% compared to the previous period[12] - Cash flow from operating activities was CNY 507,177,054.53, compared to CNY 449,439,668.02 in the previous year, marking an increase of 12.8%[26] Investments - Investment cash inflow decreased by 57.32% to CNY 212.33 million, attributed to reduced recoveries from bank wealth management products[12] - Investment cash outflow decreased by 50.96% to CNY 232.80 million, also due to reduced investments in bank wealth management products[12] - Net cash flow from investing activities was negative at CNY -20.46 million, a decline of 189.76% compared to the previous period[12] - The net cash flow from investing activities was negative at CNY -20,464,680.07, a decline from a positive CNY 22,799,729.01 in the same period last year[27] Operating Costs and Expenses - The operating costs for the first nine months of 2021 rose by 33.02% to ¥517,086,662.14, primarily due to increased product sales[9] - Total operating costs increased to CNY 604,561,872.09 from CNY 473,300,402.28, reflecting a significant rise in operational expenses[22] - Research and development expenses were CNY 22,012,365.17, slightly up from CNY 21,579,874.30, highlighting continued investment in innovation[22] Other Financial Metrics - The weighted average return on equity was 3.71% for Q3 2021, a decrease of 0.75% compared to the same period last year[3] - The company's contract assets increased by 51.05% to ¥290,561,312.78, driven by higher revenue during the reporting period[9] - The company's prepayments surged by 195.78% to ¥71,922,582.65, attributed to an increase in procurement orders[9] - The company reported a decrease in other income by 49.93% to ¥2,456,445.85, mainly due to reduced government subsidies[9] - The financial expenses decreased significantly by 2184.23% to -¥220,513.17, resulting from increased interest income and reduced interest expenses[9] - The company reported a decrease in accounts receivable to CNY 151,660,736.54 from CNY 174,870,626.77, indicating improved collection efficiency[20] - The cash and cash equivalents decreased to CNY 56,017,681.89 from CNY 87,041,110.73, which may impact short-term liquidity[20] Audit and Compliance - The report for Q3 2021 was not audited, indicating that the figures may be subject to change upon final audit[30] - The company did not need to adjust the balance sheet for the new leasing standards as there were no relevant transactions[28] - The company did not undergo any mergers or acquisitions during the reporting period, with no net profit reported from merged entities[25]