天银机电(300342) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 was ¥229,121,953.65, representing a year-over-year increase of 5.73%[4] - The net profit attributable to shareholders decreased by 52.90% to ¥14,494,021.97 for the same period[4] - The net profit excluding non-recurring gains and losses was ¥13,889,078.03, down 53.39% year-over-year[4] - Basic earnings per share fell by 57.14% to ¥0.03 for Q3 2021[5] - Total operating revenue for the current period reached ¥717,926,117.25, an increase of 22% compared to ¥588,645,059.99 in the previous period[20] - Net profit for the current period was ¥78,030,483.13, a decrease of 6.5% from ¥83,278,725.63 in the previous period[21] - Earnings per share (EPS) for the current period was ¥0.18, compared to ¥0.19 in the previous period[23] Cash Flow and Liquidity - The operating cash flow for the year-to-date period was negative at -¥39,594,234.41, a decline of 154.85%[4] - The company reported a decrease in other comprehensive income, with a net amount of -¥1,891,080.00 compared to ¥3,645,679.07 in the previous period[22] - The net cash flow from operating activities was -$39.59 million, a decrease from $72.18 million in the previous period[26] - Cash outflow from investing activities totaled $93.06 million, compared to $104.95 million last year, resulting in a net cash flow of -$2.57 million from investing activities[26] - Cash inflow from financing activities was $154 million, an increase from $107.5 million in the previous year, leading to a net cash flow of $8.03 million from financing activities[27] - The total cash and cash equivalents at the end of the period were $76.44 million, down from $129.97 million at the end of the previous year[27] Assets and Liabilities - Total assets increased by 5.38% to ¥2,196,835,232.67 compared to the end of the previous year[5] - Total assets rose from 2,084,657,267.24 yuan at the end of 2020 to 2,196,835,232.67 yuan, an increase of approximately 5.4%[18] - Total liabilities increased to ¥669,156,149.69 from ¥567,952,946.47, showing a growth in financial obligations[19] - Total current liabilities amounted to $468.34 million, with short-term borrowings at $47.57 million and accounts payable at $288.79 million[30] - Total liabilities amounted to approximately $567.95 million, with a year-over-year increase of $11.7 million[31] Shareholder Information - Total number of common shareholders at the end of the reporting period is 26,240[12] - The largest shareholder, Foshan Lanhai Ruixing Equity Investment Partnership, holds 28.53% of shares, totaling 123,200,000 shares[12] - The top ten shareholders include several investment firms, with the second-largest shareholder holding 7.98% of shares[12] Inventory and Expenses - Inventory rose by 42.99% to ¥590,224,525.58, attributed to increased sales orders and inventory buildup due to supply chain pressures[9] - Sales expenses increased by 95.64% to ¥20,731,793.26, primarily due to higher after-sales maintenance costs[9] - Research and development expenses increased to ¥69,186,041.29, up from ¥60,153,758.99 in the previous period, reflecting a focus on innovation[21] Investments and Acquisitions - The company signed a letter of intent to acquire up to 45.28% of Anhui Tianbing Electronics, aiming for a controlling stake of at least 51%[14] - The company is in the process of relocating its production facilities to a new factory, having received the property certificate[16] Other Financial Metrics - The company has a total of 819,614,885.77 yuan in non-current assets as of September 30, 2021, compared to 799,574,172.32 yuan at the end of 2020[18] - The company has an undistributed profit of approximately $615.52 million, indicating strong retained earnings[31] - The company’s capital reserve stands at approximately $426.48 million, unchanged from the previous period[31] - The company has not undergone an audit for the third quarter report[33] - The report indicates that the new leasing standards were not applicable for retrospective adjustments[34]