万兴科技(300624) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 was ¥253,957,513.55, representing a 4.08% increase year-over-year[7] - The net profit attributable to shareholders for Q3 2021 was -¥25,391,771.97, a decrease of 158.81% compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥28,537,884.58, down 175.21% year-over-year[7] - The basic earnings per share for Q3 2021 was -¥0.20, a decline of 158.82% compared to the same period last year[7] - The weighted average return on equity was -2.95%, a decrease of 8.21% year-over-year[7] - The net profit for the current period is 37,845,799.80, compared to 140,658,205.52 in the previous period, representing a decrease of approximately 73%[38] - The total profit for the current period is 42,642,470.36, down from 147,961,533.84 in the previous period, indicating a decline of about 71%[38] - The operating profit for the current period is 42,672,433.77, compared to 148,725,602.90 in the previous period, reflecting a decrease of around 71%[38] - The total comprehensive income for the current period is 43,577,128.68, compared to 140,658,205.52 in the previous period, showing a decrease of about 69%[41] - The basic earnings per share for the current period is 0.17, down from 1.03 in the previous period, a decline of approximately 84%[41] Cash Flow and Financing - The operating cash flow for the year-to-date period was ¥88,000,843.02, a decrease of 29.50% compared to the previous year[7] - The cash flow from operating activities for the current period is 88,000,843.02, down from 124,831,252.02 in the previous period, a decline of approximately 29%[45] - The cash flow from investing activities shows a net outflow of -255,101,125.78, compared to -109,258,639.54 in the previous period, indicating a larger outflow[45] - The cash flow from financing activities for the current period is 323,050,997.71, compared to -35,970,541.00 in the previous period, indicating a significant improvement[45] - The net cash flow from financing activities improved by 998.10% to ¥323,050,997.71, mainly from funds raised through convertible bonds[15] Assets and Liabilities - The total assets as of September 30, 2021, were ¥1,462,243,997.55, reflecting a 37.38% increase from the end of the previous year[7] - The total current assets reached ¥691,033,882.76, up from ¥547,993,601.03 at the end of the previous year, indicating a growth of approximately 26.0%[28] - The total assets of the company amounted to ¥1,462,243,997.55, compared to ¥1,064,410,782.73 in the previous year, marking an increase of about 37.5%[34] - The company’s total liabilities increased to ¥612,264,277.23 from ¥236,053,478.87, reflecting a significant rise of approximately 159.0%[31] Research and Development - Research and development expenses increased by ¥113,966,200, a growth rate of 91.81% year-over-year[10] - Research and development expenses rose by 91.81% to ¥238,095,484.92, reflecting increased investment in R&D personnel and salaries[15] - The company has applied for a total of 400 patents, including 353 invention patents, as of September 30, 2021, with 170 patents granted[24] - The number of self-produced special effect resources increased by 40% compared to the end of last year, supported by the development of proprietary special effect production tools[24] - The company plans to continue enhancing its AI algorithm capabilities and developing new video technology engines, indicating a focus on innovation and market expansion[24] Strategic Plans - The company plans to continue enhancing product quality and optimizing user experience to drive revenue growth[7] - The company plans to focus on enhancing product quality and user service systems to improve market competitiveness[23] - The company will continue to optimize existing products and develop new ones to strengthen market position despite challenges from the pandemic[23] Other Information - The company issued convertible bonds in July 2021, which increased financial expenses[10] - Financial expenses increased by 2904.32% to ¥3,740,714.27 due to interest expenses from the issuance of convertible bonds[15] - The third quarter report of the company is unaudited[50] - The new leasing standards were first implemented in 2021, with retrospective adjustments made to prior comparative data[51]