天秦装备(300922) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥45,625,958.35, a decrease of 21.14% compared to the same period last year[4] - Net profit attributable to shareholders for Q3 2021 was ¥16,080,716.10, an increase of 6.52% year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥14,261,579.07, a decrease of 1.56% compared to the same period last year[4] - The company's basic earnings per share for Q3 2021 was ¥0.14, down 22.22% year-on-year[4] - The weighted average return on equity was 1.90%, a decrease of 1.88% compared to the same period last year[4] - Total operating revenue for Q3 2021 was CNY 155,021,750.83, an increase of 1.7% compared to CNY 152,725,476.05 in the same period last year[25] - Net profit for Q3 2021 reached CNY 56,723,438.11, up 32.0% from CNY 42,970,045.55 in Q3 2020[26] - Earnings per share remained stable at CNY 0.51 for both Q3 2021 and Q3 2020[27] Cash Flow and Investments - The net cash flow from operating activities for the year-to-date was ¥68,077,962.73, representing a significant increase of 256.24%[4] - The net cash flow from operating activities for Q3 2021 was ¥68,077,962.73, a significant increase from ¥19,110,123.73 in Q3 2020, representing a growth of approximately 256%[30] - The total cash outflow from investment activities was ¥525,871,373.88, compared to ¥281,034,194.68 in the same period last year, indicating an increase of about 87%[30] - The net cash flow from investment activities was -¥279,492,719.84, a decline from -¥7,093,118.68 year-over-year, reflecting a worsening investment position[30] - The total cash inflow from investment activities was ¥246,378,654.04, down from ¥273,941,076.00 in the previous year, indicating a decrease of about 10%[30] - The company reported a total cash outflow from operating activities of ¥114,693,249.17, which increased from ¥100,840,958.91 in Q3 2020, marking an increase of approximately 14%[30] - The company experienced a net decrease in cash and cash equivalents of -¥258,952,532.33 during the quarter, contrasting with a net increase of ¥11,519,351.77 in the same quarter last year[30] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥890,985,346.93, a slight decrease of 0.10% from the previous year-end[5] - The total assets as of the end of Q3 2021 were CNY 890,985,346.93, a slight decrease from CNY 891,879,354.57 at the end of the previous quarter[23] - Total liabilities decreased to CNY 37,683,480.56 from CNY 56,098,126.31, indicating a reduction of approximately 32.9%[23] - The company's non-current assets totaled CNY 154,093,446.82, an increase from CNY 104,630,471.75 in the previous period[23] - Deferred income tax assets rose to CNY 2,233,557.05 from CNY 1,879,801.87, reflecting an increase of 18.9%[23] Shareholder Information - Total number of common shareholders at the end of the reporting period is 13,507[16] - The largest shareholder, Song Jinsuo, holds 34.69% of shares, totaling 38,855,900 shares[16] Inventory and Expenses - The company experienced a 32.60% increase in inventory, totaling ¥58,835,631.43, due to an increase in raw materials and finished goods[10] - The company’s inventory increased from ¥44,370,878.34 at the end of 2020 to ¥58,835,631.43 by September 30, 2021, an increase of approximately 32.5%[21] - The company’s fixed assets decreased from ¥79,231,998.79 at the end of 2020 to ¥75,893,331.14 by September 30, 2021, a decline of about 4.2%[21] - The company's financial expenses increased by 432.46% to -¥7,602,052.80, primarily due to increased bank deposit interest income[12] - Research and development expenses for Q3 2021 were CNY 7,242,661.97, slightly up from CNY 7,077,169.31 in Q3 2020[26] Corporate Actions - The company signed an investment cooperation agreement with the Qinhuangdao Economic and Technological Development Zone Management Committee on March 29, 2021[18] - The company is in the process of constructing the Tianqin Equipment Industrial Park as part of its investment cooperation agreement[18] - The company held its fifth extraordinary general meeting on October 18, 2021, to approve adjustments to fundraising investment projects[19] Other Information - The company's cash and cash equivalents decreased from ¥591,835,232.30 at the end of 2020 to ¥332,572,026.13 by September 30, 2021, a decline of approximately 43.8%[21] - Total current assets decreased from ¥787,248,882.82 at the end of 2020 to ¥736,891,900.11 by September 30, 2021, a decrease of about 6.4%[21] - The company reported an increase in other equity instrument investments from ¥5,000,000.00 to ¥19,000,000.00, representing a 280% increase[21] - The third-quarter report was not audited, which may affect the reliability of the financial data presented[33] - The company did not adjust the beginning balance of the balance sheet for the new leasing standards as there were no new leasing operations during the reporting period[32]