中辰股份(300933) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 reached ¥716,874,518.23, representing a 33.05% increase compared to the same period last year[2] - The net profit attributable to shareholders decreased by 21.55% to ¥19,855,615.86 in Q3 2021, while the year-to-date net profit was ¥62,108,061.11, down 3.61%[2] - The basic earnings per share for Q3 2021 was ¥0.04, a decrease of 42.86% compared to the same period last year[2] - Total operating revenue for the third quarter reached CNY 1,893,050,860.91, an increase of 32% compared to CNY 1,434,068,092.48 in the same period last year[20] - Net profit for the period was CNY 59,155,023.66, a decrease of 7.2% from CNY 63,610,182.10 in the previous year[21] - Earnings per share (EPS) for the quarter was CNY 0.140, down from CNY 0.180 in the same quarter last year[22] Assets and Liabilities - Total assets increased by 17.77% to ¥2,626,527,445.42 compared to the end of the previous year[2] - Total current assets as of September 30, 2021, amounted to CNY 2,221,102,753.60, an increase from CNY 1,866,241,493.72 at the end of 2020, reflecting a growth of approximately 19%[16] - Total liabilities reached CNY 1,265,177,014.62, compared to CNY 1,171,659,075.79, reflecting an increase of 8%[18] - The company's equity attributable to shareholders rose to CNY 1,333,967,628.78 from CNY 1,028,137,284.64, a growth of 29.7%[18] Cash Flow - Cash flow from financing activities increased by 230.15% to ¥336,959,694.36, primarily due to funds raised from new share issuance[8] - Cash generated from operating activities was CNY 1,783,389,210.45, compared to CNY 1,238,036,365.83 in the previous year, indicating a significant increase[24] - The net cash flow from operating activities was -328,370,584.56 CNY, compared to -271,958,743.50 CNY in the previous year, indicating a decline in operational cash flow[25] - Total cash inflow from financing activities reached 1,013,912,669.54 CNY, up from 663,371,019.91 CNY year-over-year, reflecting increased financing efforts[26] Inventory and Receivables - The company reported a significant increase in inventory, which rose by 43.30% to ¥498,009,983.51, attributed to increased sales scale and rising raw material prices[7] - Accounts receivable increased significantly to CNY 1,210,676,300.80 from CNY 935,158,021.41, marking an increase of approximately 29%[16] - Inventory rose to CNY 498,009,983.51 from CNY 347,532,470.18, indicating an increase of around 43%[16] Research and Development - Research and development expenses for the first nine months of 2021 were ¥60,040,851.02, a 34.13% increase year-on-year, indicating a focus on innovation[8] - Research and development expenses for the quarter were CNY 60,040,851.02, an increase from CNY 44,762,039.80, indicating a focus on innovation[21] Shareholder Information - Major shareholders include Zhongchen Holdings with a 48.80% stake and Tianjin New Vision with 10.91%[11] - The company has no significant changes in the status of major shareholders' shares, with all major shareholders holding their shares under lock-up agreements until specified dates in 2022[12] - The total number of restricted shares at the end of the period was 366,800,000, with 5,594,839 shares released from restrictions during the period[12] Capital and Reserves - The company raised funds through new share issuance, resulting in a 53.05% increase in capital reserves to ¥478,245,362.74[8] - The company's capital reserve is CNY 312,468,079.71[31] - The surplus reserve is CNY 36,953,108.52[31] Accounting and Standards - The company has implemented new leasing standards affecting the financial statements, indicating a shift in accounting practices[27] - The new leasing standards were implemented starting January 1, 2021[31] - The company has not made any adjustments to prior comparative data under the new leasing standards[32]