开尔新材(300234) - 2021 Q3 - 季度财报

Revenue and Profit - Revenue for Q3 2021 reached ¥225,133,821.13, an increase of 97.12% compared to the same period last year[3] - Net profit attributable to shareholders was ¥34,318,555.75, a significant increase of 2,464.68% year-on-year[3] - Net profit after deducting non-recurring gains and losses was ¥27,759,261.49, up 283.89% from the previous year[3] - The company's operating revenue increased by 43.11% to ¥44,564.80 million, driven by a growth in orders during the reporting period[9] - The net profit attributable to shareholders for the first nine months was CNY 48.54 million, a decrease of 24.97% year-on-year, while the net profit excluding non-recurring gains and losses increased by 70.54% to CNY 36.03 million[17] - The net profit for the third quarter of 2021 was CNY 48,906,381.76, a decrease of 29.5% compared to CNY 69,477,383.14 in the same period last year[25] - The net profit attributable to the parent company was CNY 48,539,939.91, down from CNY 64,692,882.15, reflecting a decline of 25%[25] - The total comprehensive income for the period was CNY 49,217,394.85, compared to CNY 70,203,547.79 in the previous year, indicating a decrease of 30%[25] - Basic and diluted earnings per share were CNY 0.0981, down from CNY 0.1303, representing a decline of 24.5%[25] Cash Flow - The company reported a net cash flow from operating activities of -¥43,450,361.42, a decrease of 497.77% year-to-date[3] - The net cash flow from operating activities decreased by 497.77% to -¥4,345.04 million, attributed to significant upfront payments for materials and wages due to increased production[10] - Cash flow from operating activities showed a net outflow of CNY 43,450,361.42, contrasting with a net inflow of CNY 10,923,370.09 in the previous year[27] - Cash inflow from operating activities totaled CNY 425,559,298.46, an increase of 24% from CNY 343,443,848.63[27] - Cash outflow from operating activities was CNY 469,009,659.88, up from CNY 332,520,478.54, marking a rise of 41%[27] - Investment activities generated a net cash inflow of CNY 112,599,679.20, significantly higher than CNY 6,798,462.78 in the previous year[28] - Financing activities resulted in a net cash outflow of CNY 89,702,584.15, slightly improved from CNY 97,934,032.99 in the same period last year[28] - The ending cash and cash equivalents balance was CNY 43,073,498.72, compared to CNY 39,384,384.46 at the end of the previous year[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,342,140,959.87, a decrease of 0.96% from the end of the previous year[3] - The total assets of the company as of September 30, 2021, were CNY 1.34 billion, slightly down from CNY 1.36 billion at the end of 2020[21] - Total liabilities decreased to CNY 373.79 million from CNY 428.08 million at the end of 2020, indicating improved financial health[21] - Total liabilities reached CNY 428.08 million, with current liabilities accounting for CNY 361.93 million[33] - The company reported a long-term loan of CNY 50.06 million and a total of CNY 9.89 million in notes payable[32] - The total non-current liabilities were CNY 66.14 million, with long-term borrowings included[33] Shareholders' Equity - Shareholders' equity attributable to the parent company increased to ¥957,301,496.50, up 4.46% from the previous year[3] - Owner's equity totaled CNY 927.06 million, with the equity attributable to shareholders amounting to CNY 916.46 million[33] Non-Recurring Gains and Losses - Non-recurring gains and losses for the current period totaled ¥6,559,294.26, with significant contributions from asset disposals and government subsidies[5] - The company reported a 4,023.64% increase in asset disposal income to ¥211.71 million, resulting from gains on property disposals[9] - The company’s investment income decreased by 100.80% to -¥16.66 million, due to reduced gains from equity asset disposals compared to the previous period[9] - The company’s credit impairment losses increased by 182.06% to -¥264.04 million, reflecting higher bad debt provisions for accounts receivable[9] Market Outlook and Business Strategy - The company plans to continue expanding its market presence and investing in new product development[3] - The company expects continued growth in the demand for its subway tunnel business and an increase in order volume due to market trends[17] - The green building curtain wall business is entering a virtuous cycle with increasing potential projects driven by benchmark project effects[17] - The company is optimizing qualifications and enriching project reserves in the energy-saving and environmental protection sector, aligning with national policy directions[17] Other Financial Information - The company has approximately ¥6.47 billion in unfulfilled contracts, indicating a strong order backlog[16] - The company has implemented the new leasing standard since January 1, 2021, affecting the financial statements[34] - The report for the third quarter was not audited, indicating preliminary financial results[34] - The total current liabilities include accounts payable of CNY 131.44 million and contract liabilities of CNY 132.62 million[32] - The company has a total of CNY 192.74 million in capital reserves and CNY 312.09 million in undistributed profits[33]