神思电子(300479) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥77,175,142.74, a decrease of 25.09% compared to the same period last year[3] - The net profit attributable to shareholders was -¥13,572,709.18, representing a significant decline of 19,178.26% year-on-year[3] - The total profit for the year-to-date was -¥28,388,942.28, a decline of 2,581.78% compared to the previous year[10] - Operating profit for the current period is -$28.40 million, compared to -$0.78 million in the previous period, indicating a significant decline in profitability[24] - Net profit for the current period is -$26.85 million, a decrease from a net profit of $1.42 million in the previous period[24] - Basic and diluted earnings per share are both -$0.1517, down from $0.0093 in the previous period[25] Cash Flow and Liquidity - The net cash flow from operating activities was -¥25,070,638.54, an improvement of 34.67% compared to the previous year[3] - Cash flow from operating activities shows a net outflow of -$25.07 million, an improvement from -$38.38 million in the previous period[28] - Cash and cash equivalents decreased to RMB 74,021,447.43 from RMB 113,135,468.75, a drop of about 34.6%[19] - Cash and cash equivalents at the end of the period stand at $69.53 million, up from $51.99 million in the previous period[29] - Total financing cash inflow for the current period is $135.59 million, compared to $112.81 million in the previous period, indicating increased financing activities[29] Assets and Liabilities - The total assets at the end of the reporting period were ¥886,920,065.22, down 3.91% from the end of the previous year[3] - The company's total liabilities as of September 30, 2021, were RMB 230,440,576.25, down from RMB 238,071,070.39 at the end of 2020, indicating a reduction of about 3.1%[20] - The total equity attributable to the owners of the parent company decreased to RMB 599,464,010.43 from RMB 626,821,940.87, reflecting a decline of approximately 4.4%[21] - Accounts receivable stood at RMB 202,244,576.44, slightly down from RMB 209,805,179.60, showing a decrease of approximately 3.6%[19] - Inventory increased to RMB 167,011,712.83 from RMB 163,854,648.88, marking an increase of about 1.3%[19] Expenses - Sales expenses increased by 31.74% to ¥44,601,070.73, primarily due to higher market expansion costs and labor expenses[9] - Total operating costs increased to $297.13 million from $273.76 million, marking a rise of 8.53%[23] - Research and development expenses increased to $40.12 million from $39.19 million, reflecting a focus on innovation[23] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 31,053[12] - The company completed the exercise of 52,000 stock options under its 2018 stock option incentive plan, adjusting the exercise price from RMB 14.98 to RMB 14.96 per share[15] Government Support and Financing - The company received government subsidies amounting to ¥1,184,425.69 during the reporting period[5] - The cash flow from financing activities showed a net inflow of ¥467,083.09, a significant improvement compared to -¥14,102,025.07 in the previous year[11] Other Information - The company has received approval for a non-public offering of A-shares, which is valid for 12 months from the date of approval[16] - The company is continuing to execute an arbitration ruling in favor of its claims against Wenzhou Xuhui Technology Co., Ltd., which has been finalized[17] - The third quarter report has not been audited[31] - The company will not adjust the beginning balance sheet items due to the new leasing standards, as the leased office space will expire in 2021 and is treated as a short-term lease[30]