中铁装配(300374) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter was ¥63,712,083, a decrease of 77.76% compared to the same period last year[3]. - The net profit attributable to shareholders was a loss of ¥123,098,760.83, representing a decline of 814.82% year-on-year[3]. - The basic earnings per share were -¥0.50, down 814.29% from the previous year[3]. - The company experienced a 58.51% decrease in total operating revenue for the year-to-date period, totaling ¥276,368,342.51[8]. - Total operating revenue for Q3 2021 was CNY 276,368,342.51, a decrease of 58.5% compared to CNY 666,037,192.89 in the same period last year[24]. - Net profit for Q3 2021 was a loss of CNY 254,062,164.78, compared to a profit of CNY 40,588,169.57 in the same period last year[25]. - Basic and diluted earnings per share for Q3 2021 were both CNY -1.03, compared to CNY 0.17 in the previous year[26]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,157,618,166.03, a decrease of 2.13% from the end of the previous year[3]. - Total assets as of Q3 2021 were CNY 3,157,618,166.03, a decrease from CNY 3,226,194,996.19 at the end of the previous period[22]. - Total liabilities increased to CNY 1,878,959,779.25 in Q3 2021, up from CNY 1,691,015,360.26 in the same period last year[22]. - The company's total current assets amounted to CNY 1,441,851,910.91, a decrease from CNY 1,522,164,597.08 at the end of 2020, representing a decline of approximately 5.3%[20]. - The company’s investment properties decreased to CNY 453,409,719.84 from CNY 465,979,147.73, a decline of approximately 2.7%[20]. - The company’s fixed assets decreased to CNY 1,026,784,719.61 from CNY 1,071,110,734.14, reflecting a decrease of about 4.1%[20]. Cash Flow - The company's cash flow from operating activities was -¥115,192,507.61, a decline of 257.28% compared to the same period last year[8]. - Cash flow from operating activities was significantly lower, with cash received from sales and services at CNY 271,910,687.20 compared to CNY 680,777,761.34 in the previous year[27]. - The net cash flow from operating activities was -115,192,507.61 CNY, compared to a positive 73,239,895.76 CNY in the previous year[28]. - The total cash and cash equivalents at the end of the period were 193,128,105.80 CNY, down from 101,491,238.12 CNY year-over-year[29]. - The company experienced a net decrease in cash and cash equivalents of -33,465,579.42 CNY, compared to an increase of 63,380,181.56 CNY in the previous year[29]. Research and Development - Research and development expenses amounted to ¥6,866,769.44, down 48.70% year-on-year due to reduced R&D efforts[8]. - Research and development expenses decreased to CNY 6,866,769.44 from CNY 13,385,536.60 year-on-year, indicating a reduction in investment in innovation[24]. Borrowings and Financing - Short-term borrowings increased by 48.13% to ¥1,060,200,000, indicating a rise in working capital loans[7]. - The company reported a significant increase in short-term borrowings, rising to CNY 1,060,200,000.00 from CNY 715,742,711.10 year-on-year[22]. - Total cash inflow from financing activities was 970,000,000.00 CNY, an increase from 726,300,000.00 CNY year-over-year[29]. - The net cash flow from financing activities was 91,764,511.26 CNY, up from 28,787,824.66 CNY in the same period last year[29]. Other Notable Events - The company appointed An Zhenshan as the new General Manager on August 16, 2021, following the resignation of the previous secretary[15]. - The company reported a total of 13,000 restricted shares at the end of the period, with 3,250 shares released from restriction due to executive lock-up[13]. - The company’s deferred tax assets increased significantly to CNY 96,771,730.56 from CNY 26,220,747.50, representing an increase of approximately 268%[20]. - The company’s board of directors and supervisory board underwent a restructuring, with new members elected on October 14, 2021[17]. - The company did not undergo an audit for the third quarter report[30].