晨化股份(300610) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 reached ¥305,006,576.37, representing a year-on-year increase of 29.68%[3] - The net profit attributable to shareholders decreased by 10.97% to ¥36,052,651.21 for the same period[3] - The net profit after deducting non-recurring gains and losses was ¥30,381,163.83, down 13.59% year-on-year[3] - The basic earnings per share for Q3 2021 was ¥0.1709, a decrease of 11.17% compared to the same period last year[3] - The total operating revenue for the third quarter was CNY 934,802,422.70, an increase from CNY 619,358,290.64 in the previous period[23] - The net profit for the quarter reached CNY 121,348,046.93, up from CNY 93,919,788.13 year-over-year, indicating a growth of approximately 29.2%[24] - Earnings per share (EPS) increased to CNY 0.5842 from CNY 0.4559, representing a growth of about 28.2%[25] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,350,172,143.91, an increase of 15.77% compared to the end of the previous year[3] - As of September 30, 2021, total assets reached CNY 1,350,172,143.91, an increase from CNY 1,166,236,014.48 at the end of 2020, reflecting a growth of approximately 15.7%[19] - The company's current assets amounted to CNY 912,878,587.67, up from CNY 783,641,666.28, indicating a growth of about 16.5% year-over-year[20] - The total liabilities increased to CNY 307,290,783.92 from CNY 186,534,351.56, reflecting a rise in financial obligations[24] - The total liabilities as of September 30, 2021, were not explicitly stated but included short-term borrowings of CNY 30,000,000.00, a significant increase from CNY 100,036.25 previously[20] Cash Flow - The company's operating cash flow for the year-to-date was ¥108,230,153.55, up 58.19%[3] - The cash flow from operating activities generated a net amount of CNY 108,230,153.55, compared to CNY 68,415,916.74 in the previous period, showing a substantial increase[27] - The net cash flow from investment activities was -206,936,704.88 CNY, compared to -242,082,012.00 CNY in the previous year, indicating an improvement of approximately 14.4%[28] - Cash inflow from financing activities totaled 41,009,984.00 CNY, an increase from 34,200,500.00 CNY year-over-year, representing a growth of about 19.5%[28] - The ending balance of cash and cash equivalents was 61,335,558.99 CNY, a significant decrease from 14,871,330.86 CNY year-over-year[28] Research and Development - Research and development expenses for the first nine months were ¥33,997,011.03, reflecting a 52.85% increase due to enhanced project efforts[10] - Research and development expenses for the quarter were CNY 33,997,011.03, up from CNY 22,242,645.35, indicating a focus on innovation[23] - A framework agreement for comprehensive technical cooperation was signed with the China Daily Chemical Research Institute, enhancing R&D capabilities[16] Production and Operations - The company entered trial production for the 10,000 tons/year terminal amino polyether project and the 22,700 tons/year polyether project, both part of the Huai'an production base[16] - The company faced temporary production halts due to government-mandated power restrictions but resumed operations on October 8, 2021[17] - A cooperation framework agreement was established for a new project with an annual output of 40,000 tons of polyether amine and 42,000 tons of polyether[17] Shareholder Equity - The total equity attributable to shareholders reached CNY 1,019,087,166.01, compared to CNY 954,132,725.07 in the previous period, showing a growth in shareholder value[24] - The company reported a total of 457,519 restricted shares, with 372,400 shares released during the period, indicating active management of executive stock incentives[15] Other Financial Metrics - The total operating costs amounted to CNY 827,599,855.77, compared to CNY 538,690,251.68 in the prior period, reflecting a significant rise in costs[23] - The deferred income decreased slightly to CNY 34,309,443.29 from CNY 35,215,182.23, indicating stability in future revenue recognition[24] - The cash inflow from investment activities was 283,468,410.87 CNY, compared to 242,704,124.33 CNY in the previous year, marking an increase of approximately 16.8%[28] Audit and Reporting - The company did not undergo an audit for the third quarter report[30] - The report was released on October 26, 2021, and is the first to apply the new leasing standards[29]