锦鸡股份(300798) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 was CNY 218,244,726.57, representing a 4.76% increase compared to the same period last year, and a total revenue of CNY 716,248,525.42 for the year-to-date, which is a 35.92% increase year-on-year[3]. - Net profit attributable to shareholders for Q3 2021 was CNY 10,983,186.94, a significant increase of 797.96% year-on-year, with a year-to-date net profit of CNY 47,798,791.99, reflecting a 1,033.26% increase[3]. - The total operating revenue for the third quarter of 2021 was CNY 716,248,525.42, an increase of 36% compared to CNY 526,948,881.20 in the same period last year[23]. - Net profit for the third quarter reached CNY 47,757,930.52, significantly higher than CNY 3,304,884.42 in the previous year, marking an increase of over 1,300%[25]. - The company reported a basic earnings per share of CNY 0.0263 for Q3 2021, up 806.60% year-on-year, and CNY 0.1144 for the year-to-date, an increase of 1,032.67%[3]. - The company's weighted average return on equity was 0.87% for the reporting period, an increase of 0.77% from the previous year-end[3]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,515,781,617.56, showing a slight decrease of 0.84% from the previous year-end[3]. - The company's total liabilities decreased to CNY 266,071,299.75 from CNY 304,355,814.29, indicating a reduction of approximately 12.6%[22]. - The company’s total liabilities decreased by 0.84% compared to the previous year-end, reflecting a stable financial position[3]. - The company's equity attributable to shareholders reached CNY 1,249,710,317.81, an increase from CNY 1,213,489,387.66, showing a growth of about 3%[22]. Cash Flow - The company experienced a significant increase in cash flow from operating activities, with a year-to-date net cash flow of CNY 4,713,413.56, up 410.10%[3]. - The cash flow from operating activities showed a positive trend, contributing to the overall financial health of the company[27]. - The net cash flow from operating activities for the current period is ¥4,713,413.56, a significant increase from ¥924,024.95 in the previous period, reflecting improved operational efficiency[28]. - Cash inflows from operating activities totaled ¥494,158,459.68, up from ¥412,127,096.63, indicating a growth of approximately 19.9%[28]. - Cash outflows from operating activities increased to ¥489,445,046.12 from ¥411,203,071.68, resulting in a net cash flow from operations of ¥4,713,413.56[28]. - The net cash flow from investing activities rose to ¥12,570,891.36 compared to ¥2,949,506.85 in the previous period, showing a substantial increase of over 325%[29]. - Total cash inflows from investing activities were ¥222,087,531.88, compared to ¥152,999,506.85, marking an increase of approximately 45.3%[29]. - The net cash flow from financing activities was negative at -¥33,465,391.45, worsening from -¥9,590,882.38 in the previous period[29]. Research and Development - The company increased its R&D expenses to CNY 23,603,160.99 for Q3 2021, a rise of 34.17% compared to the same period last year, indicating a commitment to innovation[8]. - Research and development expenses increased to CNY 23,603,160.99 from CNY 17,592,199.15, reflecting a growth of approximately 34%[23]. Investments and Financing - The company reported a decrease in investment income to CNY 1,864,625.41, down 37.84% year-on-year, attributed to reduced returns from financial products[8]. - The company plans to issue convertible bonds to raise funds for the "Phase I Fine Chemical Products Project," aiming to enhance its operational scale and competitiveness[12]. - The company received approval from the Shenzhen Stock Exchange for its application to issue convertible bonds, confirming compliance with issuance and listing conditions[18]. - The company is actively responding to inquiries from the Shenzhen Stock Exchange regarding its convertible bond issuance, demonstrating its commitment to transparency and compliance[16]. - The company has not disclosed any related party transactions among its top shareholders, indicating a focus on governance and shareholder relations[11]. - The company is in the process of revising its responses to feedback from the Shenzhen Stock Exchange, ensuring that all regulatory requirements are met[17]. - The company has not reported any changes in the number of preferred shareholders, indicating stability in its capital structure[12]. Inventory and Receivables - The company’s accounts receivable stood at ¥208,769,145.32, down from ¥222,239,440.12 at the end of 2020, indicating a decrease of about 6.1%[20]. - The inventory level was CNY 267,792,054.77, slightly down from CNY 280,326,967.11, indicating effective inventory management[21]. - The total amount of trading financial assets decreased to ¥60,783,452.05 from ¥90,210,566.47, reflecting a decline of approximately 32.5%[20]. - The company reported an increase in prepayments to ¥23,155,655.72 from ¥20,437,438.64, which is an increase of about 8.4%[20]. Audit and Compliance - The company did not undergo an audit for the third quarter report, which may affect the reliability of the financial data presented[31].