Financial Performance - The company's operating revenue for Q3 2021 was ¥146,638,238.68, a decrease of 32.04% compared to the same period last year[2]. - The net profit attributable to shareholders was -¥9,161,215.88, representing a decline of 56.95% year-on-year[2]. - The basic earnings per share were -¥0.05, down 66.67% from -¥0.03 in the previous year[3]. - Total operating revenue for the period was CNY 477,502,623.16, a decrease from CNY 513,140,030.23 in the previous period[22]. - Net profit for the period was a loss of CNY 16,778,671.18, compared to a profit of CNY 8,551,952.63 in the previous period[24]. - The company reported a basic and diluted earnings per share of -0.07, down from 0.06 in the previous period[25]. - The total comprehensive loss for the period was CNY -16,778,671.18, compared to a comprehensive income of CNY 8,551,952.63 in the previous period[25]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,439,397,400.42, a decrease of 4.08% from the previous year[3]. - As of September 30, 2021, total assets amounted to RMB 1,439,397,400.42, a decrease from RMB 1,500,587,729.94 at the end of 2020, reflecting a decline of approximately 4.9%[19]. - Current assets totaled RMB 623,290,198.77, down from RMB 687,247,782.24, indicating a decrease of about 9.3%[19]. - The total liabilities amounted to CNY 352,978,916.60, down from CNY 397,890,574.94 in the previous period[21]. - Total equity attributable to shareholders of the parent company was CNY 1,090,020,604.45, a slight decrease from CNY 1,102,995,957.05[21]. Cash Flow - The cash flow from operating activities was ¥3,122,642.74, a significant drop of 94.27% compared to ¥54,489,473.19 in the same period last year[8]. - Cash inflow from operating activities was CNY 524,239,091.10, a decrease from CNY 678,508,278.40 in the previous period[27]. - The net cash flow from operating activities was CNY 3,122,642.74, a significant decrease from CNY 54,489,473.19 in the previous quarter, indicating a decline of approximately 94.3%[28]. - Cash outflow from operating activities totaled CNY 521,116,448.36, compared to CNY 624,018,805.21 in the previous quarter, reflecting a decrease of about 16.5%[28]. - The net cash flow from financing activities was CNY 18,290,148.96, recovering from a negative cash flow of CNY 39,242,460.69 in the previous quarter[29]. Expenses - The company experienced a 29.21% increase in selling expenses, amounting to ¥54,245,620.80, primarily due to higher employee compensation and entertainment expenses[8]. - Research and development expenses for the period were CNY 29,943,090.58, compared to CNY 32,262,262.90 in the previous period[22]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 30,934[10]. - The largest shareholder, Li Youming, holds 39.00% of the shares, totaling 75,283,481 shares, with 4,010,000 shares pledged[10]. Project Developments - The company is in the process of issuing A-shares to specific investors, pending approval from the Shenzhen Stock Exchange and the China Securities Regulatory Commission[13]. - Jiangxi Guangzhen has acquired land use rights for a site of 98,017.75 square meters for its new project, which is expected to produce 50,000 tons of electronic photosensitive materials annually[14]. - The company has received various permits for its new project, including construction land planning and construction engineering planning licenses[15][16]. - The company is awaiting environmental impact assessment approval for its new production project, with the timeline for approval remaining uncertain[16]. Credit and Impairment - The company recorded a credit impairment loss of -¥6,990,658.30, a significant decline of 620.93% compared to the previous year[8]. - The company recorded a credit impairment loss of CNY -6,990,658.30, compared to a gain of CNY 1,341,949.78 in the previous period[24]. Other Financial Information - The company did not adjust the beginning balance sheet items for the new leasing standards implemented in 2021, as it chose a simplified approach[30]. - The third-quarter report was not audited, which may affect the reliability of the financial data presented[31].
广信材料(300537) - 2021 Q3 - 季度财报