南山智尚(300918) - 2021 Q3 - 季度财报

Financial Performance - In Q3 2021, the company achieved operating revenue of CNY 361,475,907.41, a year-on-year increase of 2.66%[4] - The net profit attributable to shareholders was CNY 36,405,963.12, representing a growth of 30.52% compared to the same period last year[4] - For the first nine months of 2021, the company reported total operating revenue of CNY 1,019,356,365.55, up 2.12% year-on-year[11] - The net profit attributable to shareholders for the first nine months was CNY 96,351,831.88, an increase of 25.15% year-on-year[11] - Total operating revenue for Q3 2021 reached CNY 1,019,356,365.55, an increase of 2.1% compared to CNY 998,241,227.92 in the same period last year[19] - Operating profit for the period was CNY 112,001,215.65, up 33.0% from CNY 84,198,819.08 in Q3 2020[19] - Net profit attributable to the parent company was CNY 96,351,831.88, representing a 25.2% increase from CNY 76,990,144.66 in the previous year[21] - The company reported a total comprehensive income of CNY 101,512,715.97, compared to CNY 76,773,366.22 in Q3 2020[21] Cash Flow and Liquidity - The company’s cash flow from operating activities showed a net outflow of CNY 33,554,769.85, a decrease of 125.75% compared to the previous year[10] - The company reported a net cash outflow from operating activities of CNY -33,554,769.85, compared to a net inflow of CNY 130,300,048.83 in Q3 2020[23] - The net cash flow from investing activities was -30,714,330.45 CNY, compared to -14,517,091.09 CNY in the previous year, indicating a significant increase in cash outflow for investments[24] - The cash inflow from financing activities totaled 540,000,000.00 CNY, up from 425,000,000.00 CNY year-over-year, reflecting a 27% increase in financing received[24] - The net cash flow from financing activities improved to 48,730,631.51 CNY from -141,931,315.23 CNY, showing a positive turnaround in financing operations[24] - The total cash and cash equivalents at the end of the period were 950,026,194.23 CNY, down from 965,820,396.17 CNY at the beginning of the period, resulting in a net decrease of 15,794,201.94 CNY[24] Assets and Liabilities - The total assets at the end of the reporting period were CNY 2,526,389,436.02, reflecting a growth of 3.97% from the end of the previous year[6] - The company's total current assets as of September 30, 2021, amount to ¥1,911,090,716.89, an increase from ¥1,834,415,464.53 at the end of 2020[16] - Total assets as of September 30, 2021, are ¥2,526,389,436.02, compared to ¥2,429,939,371.22 at the end of 2020[17] - Total liabilities amounted to CNY 910,890,333.54, slightly up from CNY 894,352,984.72 in the previous year[19] - The total assets amounted to 2,429,939,371.22 CNY, with a slight decrease in total liabilities to 894,352,984.72 CNY, indicating a stable financial position[31] Shareholder Information - Total number of common shareholders at the end of the reporting period is 20,963[14] - The largest shareholder, Nanshan Group Co., Ltd., holds 67.50% of shares, totaling 243,000,000 shares[14] - The company has a total of 270,000,000 restricted shares, with the release date set for December 21, 2023[15] Research and Development - The company is investing in a high molecular weight polyethylene project, with construction nearly completed and production expected to start in the first half of 2022[12] - The company has prepared a significant amount of technical and research talent for the new polyethylene project, aiming for diversified development[12] - Research and development expenses increased to CNY 36,690,436.93, up 33.8% from CNY 27,412,568.60 in the same quarter last year[19] Other Financial Metrics - The diluted earnings per share for Q3 2021 remained stable at CNY 0.10, with a slight decrease of 6.90% year-to-date[4] - Basic earnings per share for the period were CNY 0.27, down from CNY 0.29 in the same quarter last year[21] - The company reported a decrease in cash and cash equivalents to ¥984,292,064.70 from ¥1,007,918,600.19[16] - The cash outflow for repaying debts was 440,000,000.00 CNY, down from 554,500,000.00 CNY in the previous year, reflecting improved debt management[24] - The company implemented a new leasing standard starting January 1, 2021, resulting in adjustments to fixed assets and liabilities, including a reclassification of 35,249,067.90 CNY to right-of-use assets[32] - The company’s short-term borrowings remained stable at 290,346,912.50 CNY, indicating consistent financing strategies[29] - Accounts receivable increased to ¥289,291,909.59 from ¥198,109,328.73 year-over-year[16] - Inventory as of September 30, 2021, is ¥555,243,109.37, up from ¥531,325,990.58[17]