万隆光电(300710) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥167,136,559.30, representing a 1.13% increase year-over-year, while the year-to-date revenue reached ¥510,802,243.41, up 35.44% compared to the same period last year[3] - Net profit attributable to shareholders for Q3 2021 was ¥14,219,096.34, an increase of 83.12% year-over-year, with a year-to-date net profit of ¥23,581,746.31, reflecting a significant increase of 451.16%[3] - The basic earnings per share for Q3 2021 was ¥0.2072, up 83.04% year-over-year, and the diluted earnings per share also stood at ¥0.2072, marking a similar increase[3] - Total operating revenue for the current period reached ¥510,802,243.41, a significant increase from ¥377,156,507.31 in the previous period, representing a growth of approximately 35.2%[22] - Total operating costs amounted to ¥502,981,520.75, compared to ¥374,438,373.79 in the prior period, reflecting an increase of about 34.3%[22] - Operating profit surged to ¥26,888,610.80, up from ¥1,788,351.22, indicating a substantial improvement in profitability[23] - Net profit for the current period was ¥25,469,332.47, compared to ¥3,039,357.38 in the previous period, marking an increase of approximately 738.5%[23] - Basic and diluted earnings per share rose to ¥0.3437 from ¥0.0624, showcasing a strong performance in earnings generation[24] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥30,215,455.15, showing a substantial increase of 155.68% compared to the previous year[3] - Cash flow from operating activities generated a net inflow of ¥30,215,455.15, a turnaround from a net outflow of ¥54,263,184.52 in the previous period[27] - Cash flow from investing activities decreased by 130.89% year-over-year, primarily due to the purchase of financial products[11] - Cash flow from investing activities resulted in a net outflow of ¥6,833,689.25, compared to a net inflow of ¥22,124,190.17 previously, indicating increased investment activity[27] - Cash flow from financing activities showed a net outflow of ¥83,258,424.16, contrasting with a net inflow of ¥37,136,114.14 in the prior period, reflecting changes in financing strategies[28] - The ending cash and cash equivalents balance decreased to ¥62,218,027.87 from ¥80,950,344.31, indicating a reduction in liquidity[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥992,270,291.06, a decrease of 4.13% from the end of the previous year[4] - The company's current assets decreased to CNY 723,662,762.38 from CNY 763,886,571.62, reflecting a decline of approximately 5.5%[18] - Cash and cash equivalents dropped significantly to CNY 68,296,168.93 from CNY 127,446,022.62, indicating a decrease of about 46.5%[18] - Accounts receivable decreased to CNY 260,807,534.37 from CNY 298,903,550.45, a reduction of approximately 12.8%[18] - The total liabilities of the company decreased to CNY 294,635,173.25 from CNY 354,510,489.50, representing a decline of about 16.9%[20] - The company's equity attributable to shareholders increased to CNY 664,058,158.92 from CNY 643,909,945.59, showing a growth of approximately 3.1%[20] Non-Recurring Items - Non-recurring gains and losses for Q3 2021 amounted to ¥5,653,199.69, with government subsidies contributing significantly to this figure[6] - The company reported a 737.98% increase in net profit year-over-year, driven by reduced credit losses and increased government subsidies[10] Shareholder Activities - The company signed a share transfer agreement on September 7, 2021, to transfer 13,722,800 shares, representing 20% of the total share capital, to various parties[15] - The company plans to issue 18,765,638 shares to a specific investor, pending regulatory approvals[16] Inventory and Financial Assets - The company reported a significant increase in trading financial assets, rising to CNY 117,334,095.19 from CNY 78,045,421.79, an increase of approximately 50.3%[18] - The company’s inventory decreased slightly to CNY 139,619,240.85 from CNY 144,419,066.19, a decline of about 3.3%[18] Tax and Accounting - The company reported a tax expense of ¥1,602,320.71, compared to a tax benefit of -¥976,480.20 in the previous period, highlighting a shift in tax obligations[23] - The company has not made any adjustments to the beginning balance sheet items due to the new leasing standards implemented in 2021[29] - The third quarter report has not been audited[30]