厚普股份(300471) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 reached ¥216,380,256.85, representing a 90.04% increase compared to the same period last year[4] - Year-to-date revenue reached ¥573,710,276.96, an increase of 107.47% compared to the same period last year[4] - Total operating revenue for Q3 2021 reached CNY 573,710,276.96, a significant increase of 107.0% compared to CNY 276,524,664.64 in the same period last year[29] - Net profit for Q3 2021 was CNY 16,587,982.42, a turnaround from a net loss of CNY 58,580,083.74 in Q3 2020[30] - The gross profit margin improved due to increased sales revenue, leading to a net profit attributable to shareholders of ¥11,625,040.01, a 121.56% increase year-on-year[12] Profitability and Loss - The net profit attributable to shareholders was -¥5,051,551.85, a decrease of 79.12% year-on-year, while the net profit excluding non-recurring items was -¥8,828,363.01, a decrease of 69.40%[4] - Operating costs for the same period were CNY 569,771,711.55, up 71.9% from CNY 331,435,931.69 year-over-year[29] - The company reported a gross profit margin of approximately 0.6% for Q3 2021, compared to a negative margin in the previous year[30] Cash Flow - The company reported a net cash flow from operating activities of -¥92,296,542.53, a decline of 127.48% year-on-year[4] - Operating cash inflow totaled CNY 630,074,282.09, an increase from CNY 409,282,157.57 in the previous year, reflecting a growth of approximately 54%[34] - Operating cash outflow amounted to CNY 722,370,824.62, compared to CNY 449,855,543.95 in the same period last year, resulting in a net cash flow from operating activities of -CNY 92,296,542.53[34] - The net increase in cash and cash equivalents was -CNY 98,695,450.55, compared to -CNY 38,153,377.85 in the same quarter last year[35] - The ending balance of cash and cash equivalents stood at CNY 28,060,203.81, down from CNY 63,105,649.08 year-over-year[35] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,005,382,928.64, a 4.87% increase from the previous year[5] - Total liabilities increased to CNY 909,548,649.28, compared to CNY 834,268,093.24 in the previous year, marking an increase of 9.0%[27] - The company’s equity attributable to shareholders rose to CNY 1,060,829,254.58, up from CNY 1,049,894,076.59 year-over-year[27] Investments and Expenses - Research and development expenses increased by 31.56% to ¥28,323,746.55, reflecting the company's commitment to enhancing core technology competitiveness[12] - Research and development expenses increased to CNY 28,323,746.55, up 31.5% from CNY 21,528,879.07 in the prior year[30] - The company plans to continue investing in hydrogen energy and marine products to strengthen its market position[12] Shareholder Information - The top shareholder, Beijing Xingkai Investment Co., Ltd., holds 14.51% of the shares, amounting to 52,920,900 shares[17] - The total number of ordinary shareholders at the end of the reporting period was 48,157[17] - The company reported a total of 27,505,275 shares under lock-up agreements for executives, with no new shares added during the period[20] Corporate Actions - The company established Chengdu Houhe Precision Measurement Technology Co., Ltd. with a registered capital of CNY 18 million to expand its footprint in the flow meter sector[23] - The company dissolved its wholly-owned subsidiary Global Clean Fuel Tech Inc. in the United States as of July 12, 2021[21] Other Information - The company’s short-term borrowings increased by 47.41% to ¥171,000,000.00, indicating a rise in financing activities[11] - The company did not require adjustments to the balance sheet for the new leasing standards as there were no applicable items at the beginning of the year[36] - The third-quarter report was not audited, indicating that the figures presented are unaudited[37]