通源石油(300164) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was CNY 163,259,617.91, an increase of 18.99% compared to the same period last year[3] - The net profit attributable to shareholders was CNY -2,592,712.70, a decrease of 95.68% year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -3,263,140.88, a decrease of 94.68% compared to the previous year[3] - The net profit for Q3 2021 was ¥13,751,748.52, a significant recovery from a net loss of ¥137,890,622.00 in the same period last year[26] - Operating profit for Q3 2021 was ¥13,397,606.67, compared to an operating loss of ¥168,430,046.99 in Q3 2020[26] - Total revenue from operating activities was ¥494,761,817.00, slightly down from ¥529,452,860.21 in the previous year[29] - The total comprehensive income for Q3 2021 was ¥789,006.86, recovering from a loss of ¥165,418,525.73 in the previous year[27] - Basic earnings per share for Q3 2021 were ¥0.0300, compared to a loss per share of ¥0.2531 in Q3 2020[27] Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,641,718,794.63, a decrease of 4.12% from the end of the previous year[4] - Cash and cash equivalents as of September 30, 2021, were CNY 84,534,471.86, down from CNY 89,091,063.53 at the end of 2020, a decrease of 6.0%[21] - Accounts receivable decreased to CNY 340,191,501.31 from CNY 376,486,865.31, a decline of about 9.6%[21] - Inventory increased to CNY 164,224,708.33 from CNY 157,561,008.94, an increase of approximately 4.2%[21] - Total liabilities decreased to CNY 686,412,492.79 from CNY 749,631,398.49, a reduction of approximately 8.4%[23] - The company's total equity as of September 30, 2021, was CNY 955,306,301.84, slightly down from CNY 962,676,347.56 at the end of 2020[23] - The company incurred research and development expenses of ¥10,066,655.63 in Q3 2021, down from ¥18,285,841.00 in the same period last year[26] - The company has a short-term loan liability of 174,216,840.72 and accounts payable of 225,118,569.85, indicating significant short-term financial obligations[34] Cash Flow - The company's cash flow from operating activities for the year-to-date was CNY 8,753,088.09, an increase of 125.57%[3] - The company reported a net cash flow from operating activities of ¥8,753,088.09, a turnaround from a negative cash flow of ¥34,237,333.35 in the same quarter last year[29] - Investment activities generated a net cash flow of ¥37,447,693.44, compared to a negative cash flow of ¥148,765,952.58 in Q3 2020[29] - Cash received from other operating activities increased by 94.86% year-on-year, mainly due to an increase in government subsidies[13] - Cash received from the disposal of subsidiaries and other business units increased by 100% year-on-year, due to proceeds from the disposal of equity in an overseas subsidiary[13] - Cash received from other investment activities rose by 123.48% year-on-year, mainly from the maturity of fixed-term bank deposits[13] - Cash paid for various taxes decreased by 92.04% year-on-year, attributed to a reduction in corporate income tax and turnover tax payments[13] - Cash paid for dividends, profits, or interest decreased by 80.56% year-on-year, as no dividends were distributed in the current period[13] Financial Management - The company's financial expenses decreased by 94.39% to CNY 1,664,937.32 compared to the same period last year[11] - The company’s financial expenses decreased significantly to ¥1,664,937.32 from ¥29,680,264.95 in Q3 2020, indicating improved financial management[26] - The company has implemented the new leasing standards effective January 1, 2021, resulting in adjustments to the financial statements[36] Future Outlook - The company plans to continue focusing on high-quality development and market expansion strategies in the upcoming quarters[20] - The report indicates ongoing efforts in new product development and technology innovation to enhance competitive advantage[20] - The company has not disclosed any new product developments or market expansion strategies in the current report[37] Miscellaneous - The third-quarter report for 2021 was not audited, indicating that the figures may be subject to change upon final audit[36] - The impact of exchange rate changes on cash and cash equivalents increased by 90.56% year-on-year, due to fluctuations in foreign currency exchange rates[13] - The company's long-term receivables increased by 5842.97% to CNY 106,637,485.00 compared to the beginning of the year[9] - The investment income increased by 5424.99% to CNY 20,932,975.17 compared to the previous year[11] - The company reported a significant increase in interest receivables by 907.75% to CNY 1,904,375.33 compared to the beginning of the year[9]