通裕重工(300185) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 was ¥1,413,383,750.65, a decrease of 6.97% compared to the same period last year[4] - The net profit attributable to shareholders was ¥60,015,808.41, down 58.13% year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥58,760,347.93, a decline of 58.66% compared to the previous year[4] - The basic earnings per share for the period was ¥0.02, a decrease of 50.00% year-on-year[4] - The net profit attributable to shareholders for the same period was 262 million RMB, a decrease of 19.76% year-on-year, primarily due to rising raw material costs[20] - The net profit for the current period is approximately ¥276 million, a decrease of 19.1% compared to ¥341 million in the previous period[39] - The total profit for the current period is approximately ¥333 million, down from ¥434 million, representing a decline of 23.3%[39] - The operating profit for the current period is approximately ¥335 million, compared to ¥442 million in the previous period, reflecting a decrease of 24.2%[39] - The total comprehensive income for the current period is approximately ¥277 million, compared to ¥341 million in the previous period, indicating a decrease of 18.8%[42] - The basic earnings per share for the current period is ¥0.07, down from ¥0.10 in the previous period, a decline of 30%[42] - The company reported a decrease in sales revenue from ¥3.58 billion to ¥3.36 billion, a decline of approximately 6.1%[46] Assets and Liabilities - The total assets at the end of the reporting period were ¥12,649,686,468.47, an increase of 1.86% from the end of the previous year[4] - The equity attributable to shareholders increased by 16.56% to ¥6,489,560,072.88 compared to the end of the previous year[4] - The company's total assets reached CNY 12,649,686,468.47, compared to CNY 12,418,537,733.23 in the previous period, marking a growth of about 1.86%[35] - The total liabilities decreased to CNY 6,118,080,904.40 from CNY 6,649,244,916.51, showing a reduction of approximately 8.00%[35] Cash Flow and Investments - The company reported a net cash flow from operating activities of ¥249,231,791.28, an increase of 5.86% year-to-date[4] - The company's cash and cash equivalents were approximately 779.49 million RMB as of September 30, 2021, down from 1.228 billion RMB at the end of 2020[26] - The company's cash and cash equivalents rose to CNY 1,160,086,338.68 from CNY 946,835,529.78, an increase of approximately 22.49%[32] - The company plans to issue no more than 1.5 billion RMB in convertible bonds to invest in the production technology of wind power main shafts and other components[20] - The company has applied for a total financing limit of no more than 5.3 billion RMB from banks and financial institutions, with a balance of 2.771 billion RMB as of September 30, 2021[24] - The company has signed a business cooperation framework agreement with Hongrui Factoring and Honghui Leasing for a credit financing limit of no more than 1 billion RMB[25] Operational Highlights - The company achieved operating revenue of 4.286 billion RMB in the first three quarters of 2021, representing a year-on-year growth of 6.77%[20] - Total operating revenue for the third quarter was CNY 4,286,337,192.10, an increase from CNY 4,014,460,058.03 in the previous year, representing a growth of approximately 6.77%[36] - Total operating costs increased to CNY 3,972,495,720.34 from CNY 3,547,049,544.89, reflecting a rise of about 12.00%[36] - The company continues to enhance its performance management and assessment of subsidiaries to drive revenue growth[20] - The company is actively taking measures to enhance product quality and expand market share to promote sustainable development[23] Research and Development - Research and development expenses for the quarter were CNY 111,279,784.93, compared to CNY 107,097,897.33 in the previous year, indicating an increase of approximately 3.00%[36] New Ventures and Subsidiaries - A new wholly-owned subsidiary, Zhuhai Tongyu New Energy Development Group Co., Ltd., was established to focus on new energy development and investment[24] - The company is focusing on optimizing its business layout and expanding new energy investment projects in the Guangdong-Hong Kong-Macao Greater Bay Area[24] Other Financial Metrics - The company received government subsidies amounting to ¥25,186,153.80, an increase of 60.59% year-on-year[10] - The company reported a significant increase in investment income of 1784.41% due to the profitability of its joint venture[10] - The company incurred a total tax expense of approximately ¥57 million, down from ¥93 million, a decrease of 38.7%[39] - The company recorded a foreign exchange gain of approximately ¥1.3 million, compared to a gain of ¥81,695 in the previous period[42] Audit and Compliance - The third quarter report has not been audited[50] - The new leasing standards were first implemented in 2021, with retrospective adjustments made to prior comparative data[51]