南华仪器(300417) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for the third quarter was ¥32,715,998.09, a decrease of 67.55% compared to the same period last year[3]. - The net profit attributable to shareholders was -¥5,002,525.85, representing a decline of 124.08% year-on-year[3]. - The basic earnings per share were -¥0.0365, down 124.08% from the previous year[3]. - The company's revenue for the year-to-date period was ¥143,641,316.74, down 38.04% compared to the same period last year[3]. - Total operating revenue for the third quarter was CNY 143,641,316.74, a decrease of 38.1% compared to CNY 231,846,861.51 in the same period last year[23]. - Net profit for the third quarter was CNY 11,897,136.99, a decline of 77.9% compared to CNY 53,789,526.09 in the previous year[24]. - Earnings per share (EPS) for the third quarter was CNY 0.0868, down from CNY 0.3926 in the previous year[25]. - The total comprehensive income for the third quarter was CNY 11,911,728.60, significantly lower than CNY 53,869,460.89 in the same period last year[25]. Assets and Liabilities - The total assets at the end of the reporting period were ¥545,196,226.94, a decrease of 13.04% compared to the end of the previous year[4]. - As of September 30, 2021, the total assets of Foshan Nanhua Instrument Co., Ltd. amounted to CNY 545,196,226.94, a decrease from CNY 626,967,165.69 at the end of 2020, reflecting a decline of approximately 13%[18]. - The company's current assets decreased to CNY 372,292,872.51 from CNY 446,199,811.86, representing a reduction of about 16.5%[19]. - Total liabilities decreased from CNY 107,550,503.26 to CNY 47,508,635.91, a significant reduction of about 56%[20]. - The company's equity remained stable at CNY 137,008,376.00 as of September 30, 2021[20]. Cash Flow - The cash flow from operating activities was -¥17,628,266.69, a decrease of 15.62% year-to-date[3]. - The company reported a net cash outflow from operating activities of CNY -17,628,266.69, compared to CNY -15,246,776.48 in the same period last year[28]. - Cash inflows from operating activities totaled CNY 161,710,258.02, down from CNY 256,941,601.52 year-on-year[28]. - Cash outflows from operating activities were CNY 179,338,524.71, compared to CNY 272,188,378.00 in the same period last year[28]. - The net cash flow from investment activities was -120,265,527.96 CNY, compared to a positive cash flow of 138,985,190.35 CNY in the same period last year[29]. - The total cash outflow from investment activities amounted to 262,661,735.49 CNY, an increase from 170,204,334.17 CNY year-over-year[29]. - Cash and cash equivalents at the end of the period were 31,663,276.63 CNY, down from 94,488,875.74 CNY in the previous year[29]. - The net increase in cash and cash equivalents was -171,565,892.00 CNY, compared to an increase of 60,348,306.91 CNY in the same quarter last year[29]. - The company reported cash outflows for financing activities totaling 33,640,800.00 CNY, a decrease from 63,323,859.20 CNY year-over-year[29]. Operational Insights - The decline in revenue was primarily attributed to reduced demand for vehicle inspection equipment due to regulatory changes implemented by the Ministry of Public Security[9]. - The operating costs for the reporting period were ¥82,567,100, a decrease of 31.84% year-on-year[10]. - Research and development expenses amounted to CNY 15,289,132.56, a decrease of 10.5% from CNY 17,077,400.45 year-on-year[23]. - The company has not disclosed any new product developments or market expansion strategies in the current report[17]. Shareholder Information - The number of shares held by the top ten shareholders includes significant holdings, with the largest being 13,419,375 shares held by Deng Zhiyi[16]. - The company reported a total of 54,630,225 shares under lock-up agreements, with 918,085 shares released during the period[16]. Miscellaneous - The company reported a decrease in cash and cash equivalents by 73.56% to ¥61,664,800.00 at the end of the period[7]. - The company's cash and cash equivalents dropped significantly from CNY 233,230,668.63 to CNY 61,664,776.63, a decline of approximately 73.5%[18]. - Accounts receivable decreased from CNY 61,282,376.62 to CNY 55,559,365.50, showing a reduction of about 9.3%[19]. - Inventory levels decreased from CNY 145,121,448.52 to CNY 128,635,296.46, indicating a decline of approximately 11.3%[19]. - The company did not adjust the beginning balance of the balance sheet for the new leasing standards implemented in 2021[30]. - The third quarter report was not audited[32].