国林科技(300786) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 reached ¥152,284,043.24, representing a 42.49% increase compared to the same period last year[4]. - Net profit attributable to shareholders was ¥28,033,956.01, up 21.74% year-over-year, while the net profit after deducting non-recurring gains and losses was ¥27,692,040.61, an increase of 24.82%[4]. - Total revenue for Q3 2021 reached CNY 372,470,952.03, a 43% increase from CNY 260,478,747.02 in the same period last year[26]. - Operating profit for the quarter was CNY 71,617,429.27, compared to CNY 66,449,675.15 in Q3 2020, reflecting a growth of approximately 3.2%[27]. - Net profit attributable to the parent company was CNY 62,906,988.33, up from CNY 56,814,491.16, marking an increase of about 10.3% year-over-year[27]. Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥1,552,767,313.16, reflecting a 37.05% increase from the end of the previous year[5]. - The company's total liabilities increased by 184.61% to ¥103,718,752.65, attributed to the need for additional bank loans to support operations[10]. - Total assets increased to CNY 1,552,767,313.16, compared to CNY 1,133,020,430.56 in the previous year, indicating a growth of approximately 37%[23]. - The company's total liabilities amounted to CNY 319,245,194.14, up from CNY 297,306,637.73, representing a rise of about 7.5%[24]. Cash Flow - Cash flow from operating activities showed a net outflow of ¥57,653,376.44, a decrease of 369.88% compared to the same period last year, primarily due to increased material procurement payments[11]. - Cash flow from operating activities was CNY 453,254,682.63, significantly higher than CNY 322,386,506.63 in the same quarter last year, showing an increase of approximately 40.6%[29]. - The net cash flow from operating activities was -57,653,376.44, a decrease from 21,362,623.24 in the previous year[30]. - The total cash inflow from investment activities was 50,991,861.07, down from 354,822,923.07 year-over-year[30]. - The net cash flow from investment activities was -260,047,932.30, compared to a positive 25,351,821.41 in the same period last year[30]. - The total cash inflow from financing activities was 419,235,810.45, significantly higher than 600,000.00 in the previous year[31]. - The net cash flow from financing activities was 400,258,807.09, a turnaround from -37,183,919.58 year-over-year[31]. - The cash and cash equivalents at the end of the period totaled 408,399,097.10, up from 246,462,142.17 at the end of the previous year[31]. Shareholder Information - The company reported a total of 16,791,044 shares under lock-up conditions, which will be released on February 28, 2022[19]. - The top shareholder, Ding Xiangpeng, holds 28.73% of the shares, amounting to 29,369,600 shares[15]. - The company has engaged in financing activities, with shareholders like Jiang Zhaojun and Chen Haihua holding 891,620 and 630,820 shares respectively through margin trading accounts[16]. - The company is committed to adhering to legal regulations regarding the transfer of shares acquired through specific stock issuance, with a six-month lock-up period for certain shareholders[18]. Investment and Growth Strategy - The company reported a significant increase in prepayments, which rose by 479.26% to ¥27,579,884.99, due to the need to secure supplier capacity amid tight international commodity supplies[10]. - The company has shown a strong focus on expanding its asset base, with significant increases in both current and non-current assets, indicating a robust growth strategy[22]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[25]. Earnings and Equity - The weighted average return on equity was 3.22%, a slight increase of 0.33% compared to the previous year[5]. - The basic earnings per share for the reporting period was ¥0.31, reflecting a 14.81% increase year-over-year[5]. - The total equity attributable to shareholders increased to CNY 1,230,794,257.30 from CNY 833,382,008.83, representing a growth of about 47.6%[24]. - The company reported a basic earnings per share of CNY 0.720, down from CNY 0.840 in the previous year, indicating a decrease of approximately 14.3%[28]. Research and Development - Research and development expenses for the quarter were CNY 14,297,447.87, compared to CNY 11,379,294.42, reflecting a growth of about 25.5%[26]. Other Information - The company did not need to adjust the beginning balance sheet items due to the new leasing standards as there were no leasing activities[32]. - The third-quarter report was not audited[33].