科恒股份(300340) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 reached ¥932,209,070.28, representing a 76.33% increase compared to the same period last year[4] - Net profit attributable to shareholders was ¥14,576,704.57, a significant increase of 141.71% year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥12,952,540.52, up 135.21% from the previous year[4] - The company reported a 99.03% increase in total operating income for the first nine months of 2021, totaling ¥2,366,582,425.19[11] - The company's basic earnings per share for Q3 2021 was ¥0.0687, up 141.71% year-on-year[4] - The net profit for the third quarter of 2021 was CNY 23,371,221.73, a recovery from a net loss of CNY 69,648,513.87 in the same quarter of the previous year[26] - The company reported a basic and diluted earnings per share of CNY 0.1068, compared to a loss per share of CNY 0.3293 in the previous year[27] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,103,066,932.62, an increase of 61.25% compared to the end of the previous year[5] - The total assets as of the end of the third quarter of 2021 were CNY 4,103,066,932.62, compared to CNY 2,544,495,783.26 at the end of the previous year, marking an increase of about 61.1%[23] - The total liabilities increased to CNY 3,384,600,735.89 from CNY 1,849,406,394.10, representing a growth of approximately 83.0%[23] - The company’s total current liabilities were CNY 1,817,562,049.90, a decrease of CNY 12,456,978.53 from the previous period[35] Cash Flow - The cash flow from operating activities for the first nine months was ¥163,370,375.59, a substantial increase of 336.65%[4] - The net cash flow from operating activities increased by 336.65% to ¥163,370,375.59, primarily due to a significant increase in advance payments from new orders received by the subsidiary Haoneng Technology[12] - The net cash flow from operating activities for Q3 2021 was ¥163,370,375.59, a significant improvement compared to a negative cash flow of ¥69,035,482.72 in Q3 2020, indicating a recovery in operational performance[30] - Total cash inflow from operating activities reached ¥2,315,525,355.46, while cash outflow was ¥2,152,154,979.87, resulting in a net increase in cash from operations[30] - The company received tax refunds amounting to ¥9,566,090.53, contributing positively to cash flow from operating activities[30] Investments and Financing - The net cash flow from investing activities decreased by 184.06% to -¥94,222,836.06, mainly due to an investment of approximately ¥56 million in land acquisition and expansion of production lines by subsidiaries[12] - The net cash flow from financing activities improved by 86.32% to -¥6,092,781.19, attributed to a substantial increase in sales scale leading to higher funding needs and increased borrowing[12] - Cash inflow from financing activities was ¥395,480,000.00, while cash outflow totaled ¥401,572,781.19, leading to a net cash outflow of ¥6,092,781.19 in Q3 2021[31] Research and Development - Research and development expenses increased by 52.55% to ¥125,936,908.47, reflecting the company's commitment to innovation[11] - Research and development expenses for the third quarter of 2021 amounted to CNY 125,936,908.47, up from CNY 82,556,372.71 in the same period last year, reflecting an increase of approximately 52.5%[26] Shareholder and Equity Information - The company plans to issue A-shares to specific investors, with a proposed subscription amount of ¥700 million, pending regulatory approvals[16] - The major shareholder, Zhuzhou High-tech Group, acquired 12,500,000 shares, representing 5.89% of the total share capital, enhancing its stake in the company[16] - The company’s total equity as of the end of the third quarter of 2021 was CNY 718,466,196.73, compared to CNY 695,089,389.16 in the previous year, indicating a slight increase of approximately 3.4%[23] Inventory and Receivables - Accounts receivable increased by 81.99% to ¥1,168,120,383.81, driven by the significant growth in sales[9] - Inventory levels increased significantly to ¥1,186,383,897.14 from ¥675,221,177.15, suggesting a buildup in stock to meet anticipated demand[21] - Accounts receivable rose to ¥1,168,120,383.81 from ¥641,855,023.98, reflecting increased sales and order volume[21]