辰安科技(300523) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 was ¥242,345,187.46, representing a year-on-year increase of 6.32%[2] - The net profit attributable to shareholders was -¥77,387,602.02, a significant decline of 1,303.43% compared to the same period last year[2] - The basic earnings per share for the period was -¥0.33, reflecting a decrease of 1,200.00% year-on-year[2] - Total operating revenue for Q3 2021 was CNY 752,652,302.90, a decrease of 12.7% compared to CNY 862,326,766.47 in the same period last year[29] - Net profit for Q3 2021 was a loss of CNY 161,933,044.77, compared to a profit of CNY 19,448,474.65 in Q3 2020[30] - The company reported a total comprehensive loss of CNY 161,544,117.64 for Q3 2021, compared to a comprehensive income of CNY 19,189,431.59 in Q3 2020[31] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,029,132,802.70, showing a slight decrease of 0.02% from the end of the previous year[2] - The company's total assets amounted to CNY 3,029,132,802.70, slightly down from CNY 3,029,842,315.34 at the end of the previous quarter[27] - Total liabilities increased to CNY 1,445,053,750.58, up from CNY 1,262,803,416.32 year-on-year[27] Cash Flow - The cash flow from operating activities was -¥383,833,367.94, a decline of 153.06% year-to-date[2] - The net cash flow from operating activities was -383,833,367.94 CNY, compared to -151,678,983.36 CNY in the previous year, indicating a significant decline[34] - Total cash inflow from investment activities was 554,389,383.71 CNY, while cash outflow was 370,139,664.57 CNY, resulting in a net cash flow of 184,249,719.14 CNY[34] - Cash inflow from financing activities amounted to 437,098,491.83 CNY, with cash outflow totaling 286,821,655.38 CNY, leading to a net cash flow of 150,276,836.45 CNY[35] Inventory and Receivables - The company's inventory increased by 42.31% to ¥569,472,688.01, primarily due to unfinished projects[9] - Accounts receivable stood at approximately CNY 1.25 billion, down from CNY 1.29 billion, indicating a decrease of about 3.9%[25] Research and Development - R&D expenses increased by 54.29% to ¥84,024,311.90 in the first nine months of 2021 compared to ¥54,459,969.24 in the same period of 2020[12] - Research and development expenses for Q3 2021 were CNY 84,024,311.90, a significant increase of 54.3% compared to CNY 54,459,969.24 in Q3 2020[30] Contracts and Projects - The company signed new contracts worth over 100% growth compared to the same period last year, indicating strong market demand[6] - The company has ongoing major contracts related to the "Anhui Urban Lifeline Project," with several segments completed and others in the acceptance preparation stage[19] - The "Angola Public Safety Integrated Platform Project" is progressing well, with the national and backup centers operational and hardware installation completed for provincial centers[20] - The company has successfully delivered multiple business systems for the "Customs Management Information System Project," which is now being promoted nationwide[21] - The "Smart Safety Foshan Phase I Project" has completed implementation and passed trial operation acceptance[22] - The "Smart Jiangxia" project has entered the operational phase after completing the construction stage acceptance[22] Shareholder Information - The top shareholder, China Telecom Group, holds 18.68% of the shares, totaling 43,459,615 shares[15] Tax and Financial Adjustments - Cash received from tax refunds decreased by 70.29% to ¥6,270,228.36, attributed to a reduction in VAT refunds[13] - The company received tax refunds totaling 21,106,000.32 CNY during the quarter[34] Other Financial Metrics - Financial expenses surged by 216.23% to ¥15,890,782.89, primarily due to increased bank interest expenses[12] - Investment income improved by 73.72%, with losses from associates decreasing to -¥2,085,385.37 from -¥7,935,508.69[12] - The company experienced a 273.00% increase in credit impairment losses, totaling -¥16,489,531.17, due to higher provisions for bad debts[12] - The company's cash and cash equivalents decreased to approximately CNY 439.56 million from CNY 469.25 million at the end of 2020, reflecting a decline of about 6.5%[25] - The ending balance of cash and cash equivalents was 398,996,547.76 CNY, down from 448,644,172.72 CNY at the beginning of the period[35] Audit Status - The third-quarter report was not audited[37]