世名科技(300522) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 reached ¥185,260,544.67, representing a 55.57% increase year-over-year[4] - Net profit attributable to shareholders was ¥33,764,666.52, a 1.79% increase compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses was ¥32,952,545.86, up 1.67% year-over-year[4] - The company reported a 67.48% increase in total revenue for the year-to-date, amounting to ¥508,750,742.54[13] - Total operating revenue for the third quarter of 2021 reached ¥508,750,742.54, a significant increase from ¥303,770,144.95 in the same period of 2020, representing a growth of approximately 67.5%[32] - Net profit for the third quarter of 2021 was ¥97,402,367.16, compared to ¥72,726,786.28 in the previous year, indicating a year-over-year increase of about 33.9%[33] - The total comprehensive income for the period reached ¥97,402,367.16, compared to ¥72,726,786.28 in the previous period, reflecting a significant increase[34] - Basic earnings per share increased to ¥0.3659 from ¥0.2735, indicating a growth of approximately 33.7% year-over-year[34] Assets and Liabilities - The total assets at the end of the reporting period were ¥923,203,000.96, reflecting a 3.32% increase from the end of the previous year[4] - The company's total assets as of September 30, 2021, amounted to ¥923,203,000.96, up from ¥893,524,415.87 at the end of 2020, reflecting a growth of approximately 3.3%[30] - The total liabilities decreased to ¥127,919,665.46 from ¥168,353,392.73, showing a reduction of about 24%[30] - Total liabilities amounted to CNY 168,353,392.73, with current liabilities at CNY 160,698,040.27[42] - The company has a long-term lease liability of CNY 3,289,448.12[42] - The company has a total of CNY 8,946,251.96 in contract liabilities[42] - The company’s total non-current liabilities stand at CNY 7,655,352.46[42] - The company has an unpaid dividend liability of CNY 10,000,000.00[42] - The company has a total of CNY 36,932,545.31 in other payables[42] Cash Flow - The operating cash flow for the year-to-date reached ¥63,002,507.24, a significant increase of 555.57%[4] - The net cash flow from operating activities increased by 555.57% to ¥63,002,507.24 compared to ¥9,610,309.81 in the same period last year, primarily due to increased cash receipts from sales[16] - The net cash flow from investing activities decreased by 96.79% to -¥109,960,445.02, attributed to investments in the construction of the new fiber-plastic material production project[16] - The net cash flow from financing activities decreased by 230.57% to -¥68,302,178.53, mainly due to an increase in loan repayments and dividend distributions compared to the same period last year[16] - Cash inflow from sales of goods and services amounted to ¥297,866,588.16, compared to ¥151,628,330.16 in the previous period, showing a growth of approximately 96.3%[36] - The net cash flow from financing activities was -¥68,302,178.53, compared to a positive cash flow of ¥52,309,811.85 in the previous period, reflecting a shift in financing strategy[38] - The ending balance of cash and cash equivalents decreased to ¥87,832,190.15 from ¥199,807,605.29, indicating a cash outflow during the period[38] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,789, with no preferred shareholders[18] - The largest shareholder, Lü Shiming, holds 40.52% of the shares, amounting to 109,469,322 shares, with 82,101,991 shares pledged[18] Research and Development - Research and development expenses surged by 130.08% to ¥40,464,224.55, indicating increased investment in innovation[13] - Research and development expenses for the third quarter of 2021 were ¥40,464,224.55, significantly higher than ¥17,587,369.29 in the same quarter of 2020, marking an increase of approximately 130%[33] Corporate Actions - The company plans to invest ¥10 million in the "Suzhou Shiming Technology Co., Ltd. Ink Material Production Project" to expand its product range and improve its industrial layout[23] - A new subsidiary, Shiming (Suzhou) New Materials Research Institute Co., Ltd., was established with a registered capital of ¥10 million to focus on technology development and industry upgrades[23] - The company completed the repurchase and cancellation of certain restricted stock options as approved in the 2020 annual general meeting[25] - The company has completed the procedures for the third release of restricted stock from the 2018 incentive plan and the second release from the 2019 incentive plan[24] Financial Adjustments - The company has adjusted its financial statements in accordance with new leasing standards, impacting the balance sheet[39] - The company adopted the new leasing standards effective January 1, 2021, impacting financial statement adjustments[44] - The company has not undergone an audit for the third quarter report[45]