平治信息(300571) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 reached ¥1,041,573,794.12, representing a 43.68% increase year-over-year[3] - The net profit attributable to shareholders was ¥77,866,063.27, up 28.24% compared to the same period last year[3] - The net profit after deducting non-recurring gains and losses was ¥76,671,239.10, reflecting a 28.78% increase year-over-year[3] - Basic earnings per share for Q3 2021 were CNY 1.96, compared to CNY 1.40 in the same quarter last year, representing a growth of 40.0%[21] - Net profit for Q3 2021 was CNY 241,139,897.47, up 22.3% from CNY 197,202,339.82 in Q3 2020[20] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,433,195,560.95, a 23.12% increase from the previous year[4] - The company's total assets reached CNY 3,433,195,560.95, compared to CNY 2,788,398,944.69 in the previous year, marking an increase of 23.1%[19] - The company's total liabilities increased to CNY 2,444,302,631.45, compared to CNY 2,036,760,718.36 in the previous year, reflecting a growth of 20.0%[19] - The company's total equity attributable to shareholders reached CNY 931,921,025.36, up from CNY 693,983,563.30 in the previous year, indicating a growth of 34.3%[19] Cash Flow - The cash flow from operating activities showed a net outflow of ¥227,552,883.42, a decrease of 60.60% compared to the previous year[3] - Cash flow from operating activities amounted to CNY 2,071,479,804.08, significantly higher than CNY 1,127,372,537.65 in the prior year, indicating a growth of 83.7%[22] - The net cash flow from operating activities was -227,552,883.42 CNY, an improvement from -577,612,187.17 CNY in the previous year, indicating a reduction in cash outflow[24] - Total cash inflow from financing activities reached 1,157,267,954.45 CNY, compared to 965,618,805.93 CNY in the same period last year, reflecting a 19.9% increase[25] - The total cash and cash equivalents at the end of the period stood at 103,835,946.87 CNY, down from 282,165,766.16 CNY at the end of the previous year[25] Inventory and Receivables - The company's accounts receivable increased by 49.60% to ¥215,329.15 million, primarily due to project payment terms with telecom operators[6] - The inventory rose by 76.50% to ¥25,496.45 million, driven by the expansion of production scale[6] - The accounts receivable increased to approximately RMB 2.15 billion from RMB 1.44 billion year-over-year, reflecting a growth of about 49.5%[16] - The company reported a significant increase in inventory, which rose to approximately RMB 254.96 million from RMB 144.45 million year-over-year, reflecting a growth of about 76.7%[17] Strategic Developments - The company secured a major 5G communication equipment contract worth approximately RMB 667 million in July 2021, marking a significant milestone in its 5G commercial plans[14] - The smart home business has achieved a total bid amount of approximately RMB 8.54 billion as of September 30, 2021, with unexecuted orders amounting to about RMB 5.03 billion[15] - The company is currently in the registration phase with the China Securities Regulatory Commission for a private placement of shares, which has been approved by the Shenzhen Stock Exchange[13] - The company is accelerating its strategic layout in the 5G communication equipment sector, positioning it as a new growth engine for future development[14] Other Financial Metrics - The weighted average return on equity was 8.70%, an increase of 0.87% compared to the previous year[3] - The total cost of operations was CNY 2,217,612,544.26, which is a 55.7% increase from CNY 1,424,587,965.55 in the previous year[19] - The company incurred a credit impairment loss of CNY -33,647,939.72, compared to CNY -19,496,977.62 in the previous year, indicating a deterioration in credit quality[20] - The company's cash and cash equivalents decreased to approximately RMB 128.29 million from RMB 428.34 million at the end of 2020, a decline of about 70.0%[16] - The company's short-term borrowings were approximately RMB 755.98 million, down from RMB 915.40 million at the end of 2020, indicating a reduction of about 17.4%[17] Adjustments and Standards - The company adjusted its financial statements due to the new leasing standards, impacting the total current assets by a reduction of 163,170.00 CNY[26] - The report indicates that the company has not applied the new leasing standards retrospectively[30] - The company has not undergone an audit for the third quarter report[31]