双林股份(300100) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥908,159,299.58, representing a 1.09% increase year-over-year, while the year-to-date revenue reached ¥2,864,093,141.43, up 19.78% compared to the same period last year[3] - Net profit attributable to shareholders for Q3 2021 was ¥12,921,768.93, a significant decrease of 89.36% year-over-year, with a year-to-date net profit of ¥93,990,086.53, down 45.19%[3] - The basic earnings per share for Q3 2021 was ¥0.0318, reflecting an 88.05% decline compared to the same period last year[3] - Total operating revenue for Q3 2021 reached ¥2,864,093,141.43, an increase of 19.7% compared to ¥2,391,172,994.70 in Q3 2020[21] - Net profit for Q3 2021 was ¥91,769,616.73, a decrease of 45.0% from ¥167,092,666.49 in Q3 2020[22] - The company's gross profit margin for Q3 2021 was approximately 2.4%, down from 4.5% in Q3 2020[21] - Basic earnings per share for Q3 2021 were ¥0.2312, down from ¥0.3756 in Q3 2020, reflecting a decline of 38.4%[22] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥5,595,121,603.66, an increase of 1.65% from the end of the previous year[3] - The total assets of the company as of Q3 2021 amounted to ¥5,595,121,603.66, slightly up from ¥5,504,223,444.68 in the previous year[19] - The total liabilities increased to ¥3,745,470,114.39 in Q3 2021 from ¥3,710,688,701.14 in Q3 2020, indicating a rise of 0.9%[19] - The company's total equity reached approximately CNY 1.79 billion, with attributable equity to shareholders at CNY 1.78 billion[30] - The company’s total liabilities included short-term borrowings of CNY 1,219,459,161.83[28] - The company has a long-term loan liability of CNY 400 million and lease liabilities of CNY 4.54 million[29] Cash Flow - Cash flow from operating activities for the year-to-date period was ¥350,533,944.24, down 27.78% compared to the previous year[3] - Operating cash inflow for the period reached CNY 2,875,195,830.54, an increase of 13.0% compared to CNY 2,544,718,786.83 in the previous period[24] - Net cash flow from operating activities was CNY 350,533,944.24, down 27.8% from CNY 485,391,950.28 in the same period last year[24] - Cash inflow from financing activities amounted to CNY 1,408,822,910.00, down 5.3% from CNY 1,487,960,000.00 in the previous period[25] - The ending balance of cash and cash equivalents was CNY 300,208,350.98, an increase from CNY 261,844,419.73 at the end of the previous period[25] Shareholder Information - The total number of common shareholders at the end of the reporting period is 33,524[10] - The largest shareholder, Shuanglin Group Co., Ltd., holds 46.14% of shares, totaling 185,540,462 shares, with 79,000,000 shares pledged[10] - The total number of restricted shares at the end of the period is 6,071,380, with 4,477,557 shares released during the period[13] Investment and Compensation - The company reported a 240.72% increase in investment income year-over-year, attributed to performance compensation received from Shanghai Huapu[7] - The company received a cash compensation of ¥69,000,000 related to performance guarantees from Shanghai Huapu Automobile Co., Ltd.[14] - The company is actively working to fulfill its performance compensation obligations following the acquisition of Shuanglin Investment[14] - The company has completed the repurchase and cancellation of certain performance compensation shares as of September 8, 2021[14] - The company has initiated legal proceedings regarding performance compensation matters against Ninghai Jinshi, which is currently under review by the Ningbo Intermediate People's Court[15] Operational Metrics - Sales expenses decreased by 65.43% compared to the same period last year, primarily due to reclassification of certain costs under the new revenue recognition standards[7] - The company experienced a 41.32% decline in operating profit year-over-year, largely due to the previous year's performance compensation impact[8] - Research and development expenses increased to ¥118,415,899.38 in Q3 2021, compared to ¥99,719,975.10 in Q3 2020, marking a rise of 18.7%[21] - Accounts receivable decreased to ¥776,244,098.20 from ¥929,970,817.48 year-over-year[17] - Inventory increased to ¥894,041,006.80 compared to ¥842,142,235.84 at the end of 2020[17] Audit and Future Plans - The third-quarter report has not been audited, which may affect the reliability of the financial data presented[31] - The company has not disclosed any plans for market expansion or mergers and acquisitions in the current report[31] - The company has not reported any new product developments or technological advancements in this quarter[31]