中威电子(300270) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥77,920,231.69, representing a 42.47% increase year-over-year[2] - The net profit attributable to shareholders was -¥16,693,924.14, a decrease of 440.25% compared to the same period last year[2] - The net cash flow from operating activities was -¥8,998,999.62, reflecting a 128.75% decrease year-to-date[2] - Total operating revenue for Q3 2021 was CNY 157.90 million, a decrease of 5.00% from CNY 167.56 million in the same period last year[27] - Net loss for Q3 2021 was CNY 23.94 million, compared to a net loss of CNY 17.46 million in Q3 2020, representing an increase in loss of 37.56%[28] - The total comprehensive loss for the period was CNY -23.94 million, compared to CNY -17.46 million in the same period last year[29] - The company's basic earnings per share were -¥0.0558, a decline of 441.75% compared to the previous year[2] - Basic and diluted earnings per share were both CNY -0.0809, compared to CNY -0.0562 in Q3 2020[29] Assets and Liabilities - Total assets at the end of the reporting period were ¥977,026,586.40, down 9.59% from the previous year[3] - As of September 30, 2021, the company's total assets amounted to 977,026,586.40 RMB, down from 1,080,700,849.96 RMB at the end of 2020, reflecting a decrease of approximately 9.57%[24] - The company's current assets totaled 624,794,266.65 RMB, a decrease of 16.67% from 749,865,171.04 RMB at the end of 2020[25] - The company's total liabilities decreased from 287,837,445.13 RMB to 200,127,963.74 RMB, a reduction of approximately 30.54%[26] - The company's equity attributable to shareholders decreased by 2.70% to ¥771,210,017.01[3] - The company's equity attributable to shareholders of the parent company decreased to CNY 771.21 million from CNY 792.65 million, a decline of 2.00%[27] Cash Flow - The net cash flow from operating activities was -8,998,999.62 CNY, a decrease compared to 31,305,717.01 CNY in the previous period[32] - The net cash flow from investing activities was -21,809,918.70 CNY, significantly lower than 98,381,827.99 CNY in the previous period[32] - The net cash flow from financing activities was -76,711,282.34 CNY, compared to -55,833,172.00 CNY in the previous period[32] - The total cash and cash equivalents at the end of the period were 102,588,922.88 CNY, down from 200,450,389.83 CNY at the end of the previous period[32] - The company reported a significant decrease in cash and cash equivalents, with a net decrease of 107,520,200.66 CNY during the period[32] Shareholder Information - The largest shareholder, Shi Xugang, holds 34.61% of the shares, with 96,761,151 shares pledged[12] - The company has a total of 10 major shareholders, with the top 10 holding a significant portion of the shares, including Beijing Haihou Tai Capital Management Co., Ltd. at 8.00%[12] - The total number of restricted shares held by Shi Xugang is 96,761,151, which will be unlocked on January 1, 2022[15] - The company has undergone a change in control, with Shi Xugang transferring 24,224,500 shares to Xinxiang Industrial Fund No. 1, along with the voting rights for 42,392,844 shares[16] - The company plans to issue up to 90,841,800 shares to Xinxiang Industrial Fund No. 1 as part of the control change agreement[16] - The total number of restricted shares at the end of the period is 97,708,251, with no new restricted shares added during the period[15] - The total number of shares held by the top 10 unrestricted shareholders includes 24,224,500 shares held by Beijing Haihou Tai Capital Management Co., Ltd.[12] - The company has a total of 4,514,110 shares held by shareholder Fan Jiechen, with 4,054,900 shares held by He Shuxin[13] Operational Contracts and Agreements - The company signed a product procurement contract with Xi'an Xiangxun Technology Co., Ltd. worth 165,394,500 RMB, representing 79.31% of the company's audited revenue for 2020[21] - The company entered into a construction contract for the Xinjin Expressway project with a total contract value of 191,580,000 RMB, which includes tax[22] - The company has made agreements regarding the recovery of important receivables and operational performance commitments for 2021-2023[17] - The company received a notice from the Shenzhen Stock Exchange regarding the acceptance of its application to issue shares to specific investors[17] Impairment and Losses - The company reported a 86.19% increase in credit impairment losses, amounting to significant financial strain[9] - The company’s total profit loss increased by 34.04% year-over-year, attributed to credit and asset impairment losses[9] - The company reported a credit impairment loss of CNY -29.86 million, an increase from CNY -16.04 million year-on-year[28] Other Information - The company has not yet sold the six idle properties it approved for disposal, which were authorized for sale at prices not lower than the third-party valuation[20] - The company remains in a state without a controlling shareholder or actual controller, pending approval for the private placement[19] - The company did not undergo an audit for the third quarter report[33] - The company has not applied the new leasing standards for the financial statements[33]