宜通世纪(300310) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥603,694,871.67, an increase of 8.10% year-over-year, and the year-to-date revenue reached ¥1,654,212,020.19, up 6.46% compared to the same period last year[5] - Net profit attributable to shareholders for Q3 2021 was ¥11,778,639.76, a significant increase of 65.98% year-over-year, while the year-to-date net profit was ¥41,151,960.63, up 62.32%[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥11,093,800.52, a remarkable increase of 354.92% year-over-year, with a year-to-date figure of ¥16,739,309.50, up 57.38%[5] - Total operating revenue for Q3 2021 reached ¥1,654,212,020.19, an increase of 6.5% compared to ¥1,553,804,219.62 in Q3 2020[22] - Net profit for Q3 2021 was ¥34,674,049.54, representing a 63.5% increase from ¥21,203,321.33 in Q3 2020[23] - Earnings per share for Q3 2021 were ¥0.05, compared to ¥0.0288 in Q3 2020, indicating a significant improvement[24] - The total comprehensive income for Q3 2021 was ¥26,413,431.50, compared to -¥4,774,303.16 in the same quarter last year, indicating a significant turnaround[24] Cash Flow and Liquidity - The company's cash flow from operating activities showed a net outflow of ¥393,438,217.97, a decrease of 139.54% compared to the previous year, primarily due to increased payments for outsourcing, procurement, and project guarantees[12] - Cash flow from operating activities for the period was ¥1,684,853,801.39, an increase from ¥1,498,682,515.10 in the previous year, reflecting a growth of 12.4%[26] - Operating cash inflow for Q3 2021 was CNY 1,793,724,701.09, an increase from CNY 1,589,096,602.86 in Q3 2020, representing a growth of approximately 12.8%[27] - Operating cash outflow for Q3 2021 totaled CNY 2,187,162,919.06, compared to CNY 1,753,346,824.12 in the same period last year, indicating a rise of about 24.8%[27] - Net cash flow from operating activities was negative CNY 393,438,217.97, worsening from negative CNY 164,250,221.26 year-over-year[27] - Net cash flow from financing activities was CNY 29,196,276.36, a significant improvement from negative CNY 192,497.41 in Q3 2020[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,434,306,418.18, a decrease of 4.57% from the end of the previous year[5] - The company's cash and cash equivalents decreased by 49.08% to ¥512,603,054.46, mainly due to payments for outsourcing, procurement, and employee incentives[9] - Accounts receivable increased to CNY 839,659,671.18, up from CNY 737,131,516.56, representing an increase of about 14%[18] - The company's inventory increased by 42.33% to ¥383,169,084.40, primarily due to new projects not meeting revenue recognition conditions[9] - The total current liabilities decreased to CNY 1,267,000,000.00 from CNY 1,400,000,000.00, reflecting a reduction of about 9.5%[19] - The company’s total liabilities decreased to CNY 1,267,000,000.00, down from CNY 1,400,000,000.00, indicating a reduction of approximately 9.5%[19] - Total liabilities decreased to ¥696,687,843.48 as of September 30, 2021, down from ¥843,656,816.11 at the end of 2020, a reduction of 17.4%[20] Investments and Prepayments - The company's long-term equity investments increased by 310.66% to ¥54,426,838.56, reflecting an increase in external equity investment projects[10] - The company reported a significant increase in prepayments, which rose by 489.70% to ¥44,164,731.10, attributed to increased project procurement payments[9] - The company reported a significant increase in prepayments, which rose to CNY 44,164,731.10 from CNY 7,489,358.55, an increase of approximately 490%[18] Other Financial Metrics - The company's financing activities generated a net cash inflow of ¥29,196,276.36, a substantial increase of 15,267.10% compared to the previous year, mainly due to increased recoveries of short-term bank acceptance bills[12] - The company received CNY 671,705.36 in tax refunds during Q3 2021, up from CNY 322,571.20 in Q3 2020, marking an increase of about 108.2%[27] - The company paid CNY 54,629,181.26 in taxes during Q3 2021, a decrease from CNY 67,273,906.87 in the same period last year, representing a reduction of approximately 18.7%[27] Accounting Changes - The company recognized a lease liability of CNY 4,284,558.56 and a right-of-use asset of CNY 9,076,267.88 upon the initial application of the new leasing standard[34] - The adjustment for prepaid expenses was CNY -469,591.69, indicating a reclassification under the new leasing standard[34] Audit and Reliability - The financial report for the third quarter was unaudited, which may affect the reliability of the reported figures[35]