维业股份(300621) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 reached CNY 2,643,353,380.78, representing a 102.17% increase compared to the same period last year[1] - The net profit attributable to shareholders was CNY 534,710,000, marking a 15.15% increase year-on-year[1] - The net profit after deducting non-recurring gains and losses was CNY -452,022,000, showing an improvement of 80.21% compared to the previous year[1] - Operating revenue for the first nine months of 2021 reached CNY 6,556,237,069.45, a 207.13% increase compared to CNY 2,134,652,862.97 in the same period of 2020[8] - Net profit for the first nine months of 2021 was CNY 88,121,578.09, representing a 172.96% increase from CNY 32,283,859.29 in 2020[8] - Net profit for the period was CNY 88,121,578.09, up from CNY 32,283,859.29 in the same period last year, indicating a growth of approximately 173%[23] - Basic and diluted earnings per share for the first nine months of 2021 were CNY 0.16, up 33.33% from CNY 0.12 in 2020[8] - The company reported a basic and diluted earnings per share of CNY 0.16, compared to CNY 0.12 in the previous year[24] Assets and Liabilities - The total assets as of September 30, 2021, amounted to CNY 6,617,725,859.10, reflecting a 4.12% increase from the end of the previous year[1] - The company's total current assets amounted to approximately CNY 6.23 billion, an increase from CNY 6.03 billion at the end of 2020, representing a growth of about 3.14%[17] - Total assets increased to CNY 6,617,725,859.10, up from CNY 6,355,646,605.40, marking a growth of about 4.13%[20] - Total liabilities rose to CNY 5,573,370,824.66, compared to CNY 5,006,690,760.26 in the previous period, reflecting an increase of approximately 11.3%[20] - The company's equity attributable to shareholders decreased to CNY 838,488,286.60 from CNY 1,164,860,246.61, a decline of about 28%[20] - The company’s total liabilities included CNY 151,165,000.00 in long-term payables, primarily due to equity acquisitions during the reporting period[8] Cash Flow - The company's cash flow from operating activities was CNY 47,133,200, which is a decrease of 38.00% compared to the same period last year[1] - Cash flow from operating activities for the first nine months of 2021 was CNY 47,133,215.86, a decrease of 38.00% from CNY 76,017,362.28 in 2020[8] - The net cash inflow from operating activities was CNY 47,133,215.86, compared to CNY 76,017,362.28 in the previous year, indicating a decrease of approximately 38.1%[27] - Cash generated from operating activities was CNY 6,546,354,212.37, a substantial rise from CNY 1,941,649,374.49 in the prior period[26] Inventory and Contract Liabilities - Inventory increased by 36.11% to CNY 237,456,620.61 due to the rise in ongoing projects[2] - Contract liabilities rose by 37.82% to CNY 276,272,672.95, primarily due to pre-received project payments[2] - The company reported a significant increase in contract assets to approximately CNY 4.06 billion from CNY 3.68 billion, indicating a growth of about 10.29%[18] Government Subsidies and Expenses - The company reported a total of CNY 14,266,770.12 in government subsidies closely related to its normal business operations[3] - The company reported a 353.57% increase in financial expenses, totaling CNY 122,355,078.14, primarily due to new subsidiaries and increased interest expenses[8] - The company experienced a 284.82% increase in taxes and surcharges, amounting to CNY 18,424,268.37, attributed to the consolidation of new subsidiaries[8] Investments and Acquisitions - The company completed the acquisition of a 21% stake in Jiantai Construction for CNY 66.88 million, increasing its ownership to 61%[15] - The company received a government subsidy of CNY 10.02 million for its subsidiary Jiantai Construction[15] Governance and Management - The company held a board meeting to revise governance documents and improve internal management systems[16] - The company revised its voluntary disclosure standards to include contracts exceeding CNY 500 million, enhancing transparency in significant transactions[14] Research and Development - Research and development expenses for the period were CNY 34,278,939.22, down from CNY 43,494,623.62 in the previous year, indicating a decrease of approximately 21%[23] Reporting and Audit - The company has not undergone an audit for the third quarter report[34] - The report was released on October 27, 2021, by the board of directors[34]