世纪瑞尔(300150) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 was ¥185,117,614.36, a decrease of 7.93% compared to the same period last year[4] - The net profit attributable to shareholders was ¥3,889,557.28, down 87.39% year-on-year[4] - The company reported a significant decline in operating profit, reporting RMB -7,926,972.14, a decrease of 196.39% year-on-year[14] - The net profit for Q3 2021 was a loss of CNY 7,001,183.05, compared to a profit of CNY 7,255,039.16 in Q3 2020, indicating a significant decline in profitability[23] - The basic earnings per share were ¥0.0066, reflecting an 87.48% decrease year-on-year[4] - Basic and diluted earnings per share for Q3 2021 were both -0.0108, compared to 0.0129 in Q3 2020, indicating a negative shift in earnings per share[23] Cash Flow - The net cash flow from operating activities was -¥136,129,062.95, a decline of 86.31% compared to the previous year[8] - The company's cash flow from operating activities was RMB -136,129,062.95, a decrease of 86.31% year-on-year[14] - Cash generated from operating activities was CNY 489,434,626.98, a decrease from CNY 508,334,795.29 in the same quarter last year[24] - The net cash flow from operating activities was -136,129,062.95 CNY, compared to -73,066,860.11 CNY in the previous year, indicating a decline in operational performance[25] - Total cash inflow from operating activities was 512,370,872.08 CNY, while cash outflow was 648,499,935.03 CNY, resulting in a net cash outflow of 136,129,062.95 CNY[25] - The net cash flow from investing activities was -6,568,968.38 CNY, compared to -2,315,384.02 CNY in the previous year, reflecting increased investment expenditures[25] - Cash inflow from financing activities totaled 39,392,857.14 CNY, while cash outflow was 45,783,560.09 CNY, leading to a net cash outflow of 6,390,702.95 CNY[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,296,622,865.57, an increase of 1.10% from the end of the previous year[4] - As of September 30, 2021, total assets amounted to RMB 2,296,622,865.57, reflecting a 1.10% increase from the end of the previous year[14] - The total liabilities as of Q3 2021 amounted to CNY 400,917,874.80, compared to CNY 368,124,798.32 at the end of the previous year, reflecting an increase of about 9%[21] - The total equity attributable to shareholders of the parent company was CNY 1,889,541,239.78, slightly down from CNY 1,895,864,380.74 in the previous year[21] - The equity attributable to shareholders decreased by 0.33% to RMB 1,889,541,239.78 compared to the end of the previous year[14] Inventory and Receivables - The company reported a significant increase in inventory, which rose by 55.41% to ¥411,831,679.33, attributed to increased sales and proactive stockpiling[7] - The company's inventory increased to RMB 411,831,679.33, up from RMB 265,005,149.29 at the end of 2020[19] - The company experienced a 143.94% increase in receivables financing, reaching ¥17,292,685.26, due to more payments being made via bank acceptance bills[7] Expenses - The financial expenses increased by 554.48% to ¥982,813.93, mainly due to higher interest expenses[8] - Research and development expenses increased to CNY 55,564,380.35 in Q3 2021, compared to CNY 50,321,204.42 in Q3 2020, marking an increase of approximately 10%[22] - The company reported a significant increase in cash paid to employees, totaling 110,948,547.61 CNY, compared to 96,108,723.97 CNY in the previous year[25] Government Support - The company received government subsidies amounting to ¥240,515.10 during the reporting period[5] Shareholder Actions - The company plans to reduce shareholdings by up to 31,590,041 shares, representing 5.3990% of the total share capital, within six months from the announcement date[15] - The controlling shareholder, Wang Tie, plans to reduce holdings by up to 35,106,400 shares, which is 6.00% of the total share capital, within six months from the notification date[16] Other Notes - The company cited rising prices of raw materials, particularly chips, as a primary reason for the decline in performance[14] - The third-quarter report was not audited, which may affect the reliability of the financial data presented[28] - The company did not adjust the initial balance sheet items due to the new leasing standards as it does not engage in leasing activities[27]