锦盛新材(300849) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 was ¥71,584,305.75, representing a decrease of 5.45% compared to the same period last year[3] - Net profit attributable to shareholders was ¥2,260,841.86, down 73.88% year-on-year, while the net profit after deducting non-recurring gains and losses was ¥1,290,749.60, a decline of 85.46%[3] - Basic and diluted earnings per share were both ¥0.0151, down 82.60% compared to the same period last year[3] - The company achieved operating revenue of RMB 214.18 million for the first three quarters of 2021, an increase of 5.81% compared to the same period last year[9] - Net profit attributable to shareholders was RMB 15.18 million, a decrease of 53.81% year-on-year, primarily due to a decline in gross margin[10] - Gross margin for the first three quarters of 2021 was 25.59%, down 14.18% from 39.77% in the same period last year, mainly due to rising raw material prices and increased labor costs[10] - Net profit for Q3 2021 was CNY 15,183,095.22, a decrease of 53.8% from CNY 32,868,269.30 in Q3 2020[23] - Basic and diluted earnings per share were both CNY 0.1012, down from CNY 0.3287 in the previous year[24] Cash Flow - The cash flow from operating activities for the year-to-date was ¥9,966,417.22, reflecting a significant decrease of 75.10%[3] - The company reported a net cash flow from operating activities of RMB 9.97 million, a decrease of 75.10% compared to RMB 40.03 million in the previous year[9] - Cash inflow from operating activities totaled CNY 235,010,655.84, compared to CNY 208,891,768.59 in the same quarter last year[26] - The net cash flow from operating activities for Q3 2021 was ¥9,966,417.22, a decrease of 75.1% compared to ¥40,030,695.84 in Q3 2020[27] - The total cash inflow from investment activities was ¥380,480,487.02, significantly up from ¥50,152,549.24 in the same period last year[27] - The net cash flow from investment activities was ¥12,707,922.26, recovering from a negative cash flow of ¥332,909,433.73 in Q3 2020[27] - The cash flow from financing activities showed a net outflow of ¥9,171,962.00, compared to a net inflow of ¥284,101,512.94 in Q3 2020[27] Assets and Liabilities - Total assets at the end of Q3 2021 were ¥747,087,021.80, an increase of 0.82% from the end of the previous year[3] - Current assets totaled RMB 398,213,989.39, down from RMB 472,740,887.62 at the end of 2020, indicating a decrease of approximately 15.7%[19] - Inventory increased significantly to RMB 80,922,186.85, compared to RMB 55,633,178.95 at the end of 2020, reflecting a growth of about 45.4%[19] - Fixed assets rose by 41.58% to ¥229,695,484.98, primarily due to the partial acceptance of a new project for cosmetic packaging containers[7] - Total liabilities reached CNY 59,704,788.92, compared to CNY 43,800,667.87 in the previous year[21] - Total equity attributable to shareholders was CNY 687,382,232.88, slightly down from CNY 697,199,137.66 year-on-year[21] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 11,422, with the top ten shareholders holding a combined 61.71% of the shares[12] - The company’s major shareholder, Ruan Rongtao, holds 20.32% of the shares, making him the largest shareholder[13] - The company plans to release additional restricted shares on July 10, 2023, totaling 30,486,966 shares held by Ruan Rongtao[15] Other Key Metrics - The company reported a 1673.64% increase in receivables financing to ¥4,631,800.90, mainly due to customers using bank acceptance bills for settlement[7] - The company recorded a 154.53% increase in intangible assets to ¥33,408,659.84, mainly from the purchase of 50 acres of land[7] - Non-recurring gains totaled ¥1,045,262.01 for the current period, with government subsidies contributing significantly to this figure[5] - Research and development expenses increased to CNY 10,510,162.11, up from CNY 8,488,649.81 year-on-year[21] - The company reported a significant increase in sales expenses, which amounted to CNY 5,492,291.90, compared to CNY 7,879,481.77 in the previous year[21] Miscellaneous - The company did not require adjustments to the beginning balance sheet items due to the new leasing standards[29] - The third-quarter report for 2021 was not audited[30] - The company reported a cash flow impact from exchange rate changes of -¥1,028,493.59 in Q3 2021[27]