双一科技(300690) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 was ¥189,226,550.95, a decrease of 65.01% compared to the same period last year[3] - Net profit attributable to shareholders was ¥19,775,672.54, down 87.69% year-on-year[3] - The company reported a 30.58% decrease in revenue for the first nine months of 2021, totaling ¥750,834,870.85[8] - The net profit for the third quarter of 2021 was CNY 146,128,488.00, a decline of 56.7% compared to CNY 337,675,668.33 in the same period of 2020[17] - The net profit for Q3 2021 was CNY 124,541,313.85, a decrease of 56.4% compared to CNY 285,664,044.82 in the same period last year[19] - Basic earnings per share were ¥0.12, representing a decrease of 91.84% compared to the previous year[3] - The basic earnings per share for Q3 2021 was CNY 0.75, down from CNY 2.62 in Q3 2020[19] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥53,518,503.16, a decline of 71.73%[3] - The company experienced a 72.00% decline in net cash flow from operating activities for the first nine months, compared to ¥189,292,151.53 in the previous year[8] - Cash inflow from operating activities totaled CNY 892,536,539.61, a decline of 10% from CNY 991,696,556.03 in the previous year[22] - The net cash flow from operating activities was CNY 53,518,503.16, significantly lower than CNY 189,292,151.53 in the same period last year[22] - Cash outflow from investment activities was CNY 977,709,115.54, compared to CNY 1,698,101,531.58 in the previous year, indicating a reduction in investment spending[23] - The net cash flow from investment activities was -CNY 52,094,818.14, an improvement from -CNY 84,241,991.09 in the same period last year[23] - The company experienced a cash outflow of CNY 110,942,541.30 for debt repayment and interest distribution, compared to CNY 72,839,070.95 in the previous year[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,566,297,407.43, down 6.55% from the end of the previous year[3] - The total assets as of September 30, 2021, were CNY 1,566,297,407.43, down from CNY 1,676,123,828.24 at the end of 2020, a decrease of 6.6%[16] - The total liabilities decreased to CNY 260,292,121.32 from CNY 393,045,741.18, a reduction of 33.7%[16] - The company's equity attributable to shareholders increased to CNY 1,305,905,985.95 from CNY 1,284,487,321.31, an increase of 1.7%[16] - The company’s total equity attributable to shareholders increased by 1.67% to ¥1,305,905,985.95[4] Operational Efficiency - The company faced increased production costs due to rising prices of key raw materials, while the bidding prices for wind power mainframes continued to decline, exerting pressure on profit margins[15] - The company reported a significant decrease in management expenses, down 34.01% to ¥41,251,558.96 for the first nine months[8] - The total operating revenue for the third quarter of 2021 was CNY 750,834,870.85, a decrease of 30.6% compared to CNY 1,081,647,776.76 in the same period of 2020[17] - The total operating costs for the third quarter of 2021 were CNY 614,683,412.27, down 17.8% from CNY 747,929,948.76 in the previous year[17] Inventory and Receivables - Accounts receivable decreased to CNY 307,445,720.59 from CNY 347,509,837.44, a reduction of 11.5%[14] - Inventory levels decreased to CNY 181,134,921.09 from CNY 195,250,561.55, reflecting a decline of 7.2%[15] Audit and Reporting - The company did not undergo an audit for the Q3 2021 report[25]