创源股份(300703) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 was CNY 410,316,806.46, representing a 35.64% increase year-over-year, while the year-to-date revenue reached CNY 1,040,262,144.08, up 33.60% compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2021 was CNY 17,060,332.44, a decrease of 32.88% year-over-year, and the year-to-date net profit was CNY 19,544,111.80, down 58.94% compared to the previous year[3]. - The company’s basic earnings per share for Q3 2021 were CNY 0.0928, down 33.33% year-over-year[3]. - Total operating revenue for Q3 2021 reached ¥1,040,262,144.08, an increase of 33.5% compared to ¥778,653,474.46 in the same period last year[24]. - Net profit for Q3 2021 was ¥22,726,130.49, a decrease of 57.5% from ¥53,393,344.24 in Q3 2020[25]. - Earnings per share (EPS) for Q3 2021 was ¥0.1063, down from ¥0.2607 in the previous year[26]. - The company reported a decrease in comprehensive income to ¥24,022,115.92 in Q3 2021 from ¥50,870,781.10 in the previous year, a decline of 52.8%[25]. Cash Flow and Operating Activities - The company's cash flow from operating activities showed a net outflow of CNY 52,974,782.67 year-to-date, marking a significant decline of 852.84%[3]. - Total cash inflow from operating activities was 1,184,839,219.44 CNY, compared to 813,670,564.17 CNY in the previous period, representing an increase of approximately 45.5%[27]. - Cash outflow from operating activities totaled 1,237,814,002.11 CNY, up from 806,633,934.43 CNY, indicating a rise of about 53.4%[27]. - Cash received from other operating activities surged by 259.67% to ¥90,230,969.32, attributed to increased payments from paper and other material trade[10]. - Cash received from sales of goods and services was 1,011,082,856.10 CNY, an increase from 729,388,185.95 CNY, reflecting a growth of approximately 38.7%[27]. - Cash paid for purchasing goods and services increased by 53.54% to ¥772,033,896.98, mainly due to higher procurement of raw materials and finished products[10]. - Cash paid to employees rose by 44.62% to ¥234,032,943.33, reflecting higher wages and increased labor insurance and benefits costs[10]. - Cash paid for other operating activities increased by 67.68% to ¥214,622,238.31, driven by higher payments in paper and material trade[10]. Assets and Liabilities - Total assets as of September 30, 2021, were CNY 1,510,268,407.07, reflecting a 7.97% increase from the end of the previous year[3]. - Current assets decreased to CNY 853,081,595.58 from CNY 897,325,956.85, indicating a decline of about 5%[21]. - The total liabilities increased to CNY 853,081,595.58, compared to the previous period, indicating a rise in financial obligations[21]. - The company reported a significant increase in fixed assets, which rose to CNY 387,189,295.10 from CNY 325,398,289.06, an increase of approximately 19%[21]. - The company's short-term borrowings rose by 31.46% to CNY 315,712,987.15, attributed to increased bank loans[8]. - The total liabilities increased to ¥778,113,234.34 in Q3 2021 from ¥667,502,847.67 in Q3 2020, reflecting a growth of 16.6%[24]. Operating Costs and Expenses - The company reported a 41.84% increase in operating costs, totaling CNY 782,522,698.03, due to rising raw material prices and increased shipping costs for cross-border e-commerce[9]. - Sales expenses increased by 65.18% year-over-year to CNY 63,264,649.82, driven by higher advertising and platform service fees related to cross-border e-commerce[9]. - Total operating costs for Q3 2021 were ¥1,018,699,101.62, up 40.4% from ¥725,936,826.07 year-over-year[24]. - Research and development expenses for Q3 2021 amounted to ¥44,027,907.22, an increase of 20% compared to ¥36,714,503.73 in Q3 2020[24]. - The financial expenses for Q3 2021 were ¥15,754,490.88, which is a significant increase from ¥7,793,660.87 in Q3 2020[24]. Strategic Focus - The company is focusing on expanding its market presence and enhancing product development strategies to drive future growth[18].