兴源环境(300266) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥538,287,756.36, a decrease of 33.33% compared to the same period last year[3]. - The net profit attributable to shareholders was ¥145,391.65, down 99.17% year-on-year, while the net profit after deducting non-recurring gains and losses was -¥949,675.31, a decrease of 106.55%[3]. - The basic earnings per share for the period was ¥0.0001, a decline of 99.11% compared to the same period last year[3]. - Net profit for Q3 2021 was ¥7,694,483.31, a significant recovery from a net loss of ¥8,526,816.33 in Q3 2020[23]. - The company reported a profit before tax of ¥12,014,877.21, compared to ¥4,517,995.74 in the previous year, indicating a year-over-year increase of 165.67%[23]. - Total comprehensive income for the period was CNY 7,694,483.31, a decrease of 8,526,816.33 compared to the previous period[24]. - The net profit attributable to the parent company was CNY 2,206,420.60, down from a loss of 10,737,563.60 in the previous period[24]. - Basic and diluted earnings per share were both CNY 0.0014, compared to a loss of CNY 0.0069 in the previous period[24]. Assets and Liabilities - The total assets at the end of the reporting period were ¥11,814,741,461.24, representing a 3.74% increase from the end of the previous year[4]. - The total assets as of Q3 2021 were ¥11,814,741,461.24, up from ¥11,389,048,798.46 at the end of the previous year[20]. - Current assets totaled ¥4,174,604,112.87, slightly increasing from ¥4,130,842,274.91 in the previous quarter[20]. - Total liabilities increased to ¥9,594,240,623.13 from ¥9,173,403,116.70, reflecting a rise of 4.59%[20]. - Current liabilities reached CNY 5.94 billion, while non-current liabilities were CNY 3.24 billion, leading to total liabilities of CNY 9.18 billion[33]. - The equity attributable to shareholders decreased by 1.98% to ¥1,881,329,237.17 compared to the previous year[4]. - The company's equity attributable to shareholders was ¥1,881,329,237.17, a decrease from ¥1,919,385,354.53 in the previous year[20]. - The company has a capital reserve of CNY 1.38 billion, indicating a strong financial foundation[34]. - The company’s undistributed profits stood at a negative CNY 804.64 million, suggesting potential challenges in profitability[34]. Cash Flow - The net cash flow from operating activities was -¥261,578,838.53, reflecting a significant decrease of 322.41% year-to-date[3]. - Cash inflow from operating activities totaled CNY 1,622,750,140.30, down from CNY 1,755,587,517.88 in the previous period[27]. - Net cash flow from operating activities was negative CNY 261,578,838.53, compared to a positive CNY 117,610,345.07 in the previous period[28]. - Cash outflow from investing activities was CNY 560,687,236.27, compared to CNY 1,004,454,764.50 in the previous period[28]. - Net cash flow from financing activities was CNY 264,475,289.27, down from CNY 1,192,482,324.67 in the previous period[28]. - The ending cash and cash equivalents balance was CNY 526,581,637.25, down from CNY 1,032,168,264.51 in the previous period[28]. - The company's cash and cash equivalents were reported at ¥694,662,485.04, down from ¥1,145,227,070.63 in the previous quarter[19]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 35,530[11]. - New Hope Investment Group holds 23.50% of shares, totaling 369,205,729 shares[11]. - Xingyuan Holdings Group Limited owns 10.06% of shares, amounting to 158,005,112 shares, with all shares pledged[11]. - The top ten shareholders collectively hold significant stakes, with the largest shareholder holding over 23%[11]. - The report indicates that there are no changes in the number of restricted shares for key executives during the period[15]. - The total number of restricted shares at the beginning of the period was 22,422,474, with a slight decrease of 17,000 shares[15]. - The company has a clear plan for unlocking restricted shares based on the 2020 incentive stock plan[15]. Operational Insights - The company reported a 60.10% increase in inventory, amounting to ¥23,608.59, due to expanded production scale[9]. - The company experienced a 447.62% increase in accounts receivable, reaching ¥7,573.51, attributed to the recovery of investment funds through notes[9]. - The company did not report any non-recurring gains or losses for the year-to-date period[8]. - The company’s cash flow from financing activities decreased by 77.82% to ¥26,447.53, due to fewer project-specific loans obtained compared to the previous year[9]. - The report does not indicate any new product launches or technological advancements during this quarter[16]. - There are no significant market expansion or acquisition strategies mentioned in the report[16]. - The company has not disclosed any other new strategies or initiatives in this quarter[16]. - Research and development expenses for Q3 2021 were ¥68,686,980.69, compared to ¥63,339,430.86 in Q3 2020, marking an increase of 8.66%[22].