熙菱信息(300588) - 2021 Q3 - 季度财报

Financial Performance - Revenue for Q3 2021 was ¥32,101,816.74, a decrease of 49.24% compared to the same period last year[6] - Net profit attributable to shareholders was -¥24,249,860.95, an increase of 3.51% year-on-year[6] - Total operating revenue for the third quarter of 2021 was CNY 103,599,791.24, a decrease of 21.7% compared to CNY 132,338,399.16 in the same period last year[24] - The net profit for Q3 2021 was -19,885,606.12 CNY, compared to -63,101,302.84 CNY in the same period last year, indicating an improvement of approximately 68.5% year-over-year[25] - Operating profit for Q3 2021 was -23,049,142.50 CNY, an improvement from -73,973,133.44 CNY in Q3 2020, reflecting a significant reduction in losses[25] - The total comprehensive income for Q3 2021 was -9,885,606.12 CNY, compared to -63,101,302.84 CNY in Q3 2020, showing a significant reduction in comprehensive losses[26] Cash Flow and Assets - Cash flow from operating activities was -¥437,776.11, a significant decrease of 99.39% year-to-date[6] - Cash and cash equivalents decreased to CNY 44,309,814.78 from CNY 87,327,357.77 at the end of 2020, representing a decline of 49.3%[20] - Cash flow from operating activities showed a net outflow of -437,776.11 CNY, an improvement from -71,447,829.57 CNY in the same quarter last year[30] - Investment activities generated a net cash inflow of 1,529,619.03 CNY, contrasting with a net outflow of -9,015,778.96 CNY in Q3 2020, indicating a positive shift in investment cash flow[30] - Total assets at the end of the reporting period were ¥791,628,558.87, down 13.31% from the previous year[6] - Total assets decreased to CNY 791,628,558.87 from CNY 913,135,324.67, a decline of 13.3%[22] Liabilities and Equity - Total liabilities decreased to CNY 521,660,321.16 from CNY 632,117,099.09, a reduction of 17.5%[22] - The company's equity attributable to shareholders decreased to CNY 269,968,237.71 from CNY 281,018,225.58, a decrease of 4.0%[22] - The company’s short-term borrowings decreased by 33.14% to ¥70,305,400, primarily due to loan repayments[11] Inventory and Receivables - Inventory increased by 52.02% to ¥111,559,800, attributed to increased project procurement[11] - Accounts receivable decreased to CNY 397,518,962.87 from CNY 553,682,332.95, a reduction of 28.2%[20] - Inventory increased to CNY 111,559,778.45 from CNY 73,383,025.49, an increase of 51.9%[20] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 22,708[15] - The company reported a total of 60,596,000 restricted shares, with 2,426,000 released during the period[18] - The company plans to gradually release 25% of the restricted shares held by executives each year[18] Research and Development - Research and development expenses increased to 9,979,388.10 CNY in Q3 2021 from 8,457,822.07 CNY in Q3 2020, representing a growth of about 18%[25] Other Comprehensive Income - The company recorded a total of 10,000,000.00 CNY in other comprehensive income, attributed to changes in fair value of equity investments[26] Audit and Investor Confidence - The company has not undergone an audit for the third quarter report, which may affect investor confidence[35]