四方达(300179) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 reached ¥113,638,796.20, representing a 67.52% increase year-over-year[3] - Net profit attributable to shareholders was ¥21,790,080.02, a significant increase of 548.35% compared to the same period last year[3] - The basic earnings per share (EPS) for the period was ¥0.0447, reflecting a 557.35% increase year-over-year[3] - The company experienced a 29.48% increase in operating revenue year-to-date, totaling ¥310,981,847.80, driven by recovering demand in the oil and gas sector[9] - Total operating revenue for the third quarter reached CNY 310,981,847.80, an increase of 29.4% compared to CNY 240,174,546.99 in the same period last year[25] - Operating profit for the quarter was CNY 77,738,173.30, up 32.1% from CNY 58,871,338.86 year-over-year[25] - Net profit attributable to the parent company was CNY 70,611,808.00, representing a 52.9% increase from CNY 46,153,967.67 in the previous year[26] - The company's total assets amounted to CNY 1,135,357,642.34, compared to CNY 1,122,857,593.56 at the end of the previous quarter[23] - The cash inflow from operating activities totaled ¥330,032,961.74, nearly unchanged from ¥330,305,616.79 in Q3 2020[29] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥1,135,357,642.34, a 1.11% increase from the end of the previous year[3] - Total liabilities increased to CNY 221,362,027.89, up from CNY 214,748,350.91 in the previous quarter[23] - As of September 30, 2021, the company's total current assets amounted to CNY 708.70 million, an increase from CNY 690.98 million at the end of 2020, reflecting a growth of approximately 2.5%[21] Cash Flow - The company reported a net cash flow from operating activities of ¥88,340,759.89, which decreased by 23.46% compared to the previous year[3] - The net cash flow from operating activities for Q3 2021 was ¥88,340,759.89, a decrease of 23.5% compared to ¥115,420,650.66 in Q3 2020[29] - The cash flow from operating activities was CNY 293,921,449.10, slightly higher than CNY 291,491,028.33 in the same period last year[28] - The company reported a total cash outflow from operating activities of ¥241,692,201.85, an increase from ¥214,884,966.13 in Q3 2020[29] Investments and Expenses - Investment income surged by 2349.22% to ¥4,846,204.93, attributed to increased investments in structured deposits[9] - The company’s management expenses rose by 79.80% to ¥47,092,253.39, primarily due to legal fees related to the ITC337 incident[9] - Research and development expenses for the quarter were CNY 33,307,743.46, compared to CNY 29,076,109.31 in the previous year, indicating a focus on innovation[25] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 35,352[10] - The company has a total of 155,097,211 shares under lock-up agreements, with 45,179,914 shares released during the reporting period[15] Legal and Agreements - The company is currently involved in a legal case with the U.S. International Trade Commission regarding allegations of patent infringement, with the case still under review[18] - In April 2021, the company signed a technology transfer agreement with Zhengzhou University to acquire certain CVD diamond preparation technologies and commissioned the university for research and development of diamond optoelectronic functional devices[19] - The company entered into a distribution agreement with Worldwide Superabrasives, LLC, granting them exclusive distribution rights for the company's PCD products in North America[19] Other Financial Metrics - The weighted average return on equity (ROE) increased by 2.04 percentage points to 2.42% for the quarter[3] - Deferred income tax liabilities rose to CNY 18,609,088.52 from CNY 16,416,053.17 in the previous quarter[23] - Other comprehensive income after tax was CNY 48,477.24, recovering from a loss of CNY 2,296,566.79 in the previous year[26] - The cash and cash equivalents increased to CNY 259.87 million from CNY 209.31 million, representing a growth of about 24.1% year-over-year[21] - The company's accounts receivable rose to CNY 152.40 million, up from CNY 128.70 million, indicating an increase of approximately 18.4%[21] - The inventory level increased to CNY 81.80 million from CNY 77.93 million, showing a growth of about 4.8%[21]