纳川股份(300198) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 was ¥120,404,294.47, a decrease of 54.70% compared to the same period last year[4] - The net profit attributable to shareholders was -¥25,631,918.38, representing a decline of 204.31% year-on-year[4] - Operating revenue for the year-to-date period decreased by 39.12% to CNY 372.61 million compared to CNY 612.05 million in the same period last year[9] - Total operating revenue for the third quarter was ¥372,606,204.65, a decrease of 39.1% compared to ¥612,047,284.84 in the same period last year[31] - The company reported a net loss of ¥21,427,747.87, compared to a net profit of ¥43,949,332.04 in the previous year, marking a significant decline[33] - The company's basic earnings per share were -¥0.0248, a decrease of 204.20% year-on-year[4] - Earnings per share for the quarter were reported at -¥0.0243, compared to ¥0.0419 in the previous year, highlighting a shift to losses[33] Cash Flow and Financial Position - The cash flow from operating activities for the year-to-date was -¥56,081,794.35, an increase of 32.98% compared to the previous year[4] - The net cash flow from operating activities was -56,081,794.35, an improvement from -83,675,395.44 in the previous period, indicating a reduction in cash outflow[36] - Cash inflow from operating activities totaled 770,982,570.19, down 40.6% from 1,302,362,271.66 in the prior period[36] - Cash outflow from operating activities decreased to 827,064,364.54, compared to 1,386,037,667.10 previously, reflecting a 40.2% reduction[36] - The net cash flow from investing activities was -85,261,539.80, an improvement from -447,733,576.30 in the previous period[37] - Cash inflow from investing activities increased to 144,323,848.05, up 33.5% from 108,101,335.48 in the prior period[37] - Cash outflow from investing activities decreased significantly to 229,585,387.85 from 555,834,911.78, a reduction of 58.8%[37] - The net cash flow from financing activities was 34,536,047.90, down from 422,403,093.23 in the previous period[37] - Cash inflow from financing activities totaled 788,864,858.32, a decrease of 18.3% compared to 965,389,211.43 previously[37] - The ending cash and cash equivalents balance was 76,078,236.65, down from 100,684,420.22 in the prior period[37] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,602,430,653.42, down 3.92% from the end of the previous year[4] - The company's total equity attributable to shareholders decreased by 1.53% to ¥1,427,192,400.64 compared to the end of the previous year[4] - The company's total liabilities decreased to ¥2,141,908,918.77 from ¥2,269,125,666.29, indicating improved financial management[30] - The company's cash and cash equivalents decreased from 320.36 million CNY at the end of 2020 to 147.49 million CNY by September 30, 2021, representing a decline of approximately 54.92%[28] - Total assets decreased from 3,749.25 million CNY at the end of 2020 to 3,602.43 million CNY by September 30, 2021, a reduction of about 3.91%[29] Operational Metrics - The company recorded non-operating income and expenses totaling -¥1,895,262.96 for the reporting period[6] - The company experienced a 40.34% decrease in accounts payable, which amounted to ¥140,600,000.00 due to repayments[8] - The company reported a significant increase in accounts receivable, which rose by 250.90% to ¥3,428,445.92 due to an increase in commercial acceptance bills[8] - The company had no trading financial assets at the end of the reporting period, a decrease of 100% from the previous year[8] - The company experienced a significant increase in financial expenses, with interest expenses rising to ¥36,507,008.57 from ¥32,347,813.48[31] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 35,954[12] - The largest shareholder, Chen Zhijiang, holds 15.94% of the shares, with a total of 164,395,110 shares[12] Project Investments - As of September 30, 2021, the company has completed approximately ¥37,782.06 million of the total investment of ¥56,238 million for the Chongshan Wastewater Treatment Plant project[17] - The company has received a total of approximately ¥31,596.76 million in repurchase payments and interest related to the Chongshan Wastewater Treatment Plant project[17] - The company has completed approximately ¥23,091.10 million of the total investment of ¥44,386.2 million for the Quangang District Nanshan Underground Pipeline BT project[17] - The company has received approximately ¥18,397.13 million in repurchase payments and interest for the Quangang District Nanshan Underground Pipeline BT project[17] - The company has completed approximately ¥46,148.37 million of the total investment of ¥58,842.38 million for the Longyan City Integrated PPP project[18] - The company has received approximately ¥7,667.32 million in government availability payments for the Longyan City Integrated PPP project[18] - The company has completed approximately ¥32,200.31 million of the total investment of ¥43,381.97 million for the Changtai County Wastewater Pipeline project[19] - The company has received approximately ¥5,118.22 million in government availability payments for the Changtai County Wastewater Pipeline project[19] - The company has completed approximately ¥17,157.74 million of the total investment of ¥41,882.21 million for the Longyan City Urban Road Infrastructure PPP project[20] - The company has received approximately ¥476.07 million in government availability payments for the Longyan City Urban Road Infrastructure PPP project[20] Market and Regulatory Environment - The company is currently under investigation by the China Securities Regulatory Commission for alleged stock manipulation, which is not expected to significantly impact its daily operations[24][25] - The company has completed the deregistration of its subsidiary, Dali Jianhu Nanchuan Environmental Technology Co., Ltd., which will no longer be included in the consolidated financial statements[25] - The company is part of a consortium that has been pre-selected for a PPP project with a total investment of approximately 241.31 million CNY, which could enhance its market recognition and competitiveness[26] Research and Development - Research and development expenses were ¥16,595,456.62, slightly down from ¥18,319,559.30, reflecting ongoing investment in innovation despite financial pressures[31] - The company has signed multiple contracts for HDPE and PVC materials, indicating ongoing market expansion and product development efforts[12][13][14][15][16]