冠中生态(300948) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥90,689,977.96, representing a 56.12% increase compared to the same period last year[3] - The net profit attributable to shareholders for Q3 2021 was ¥18,115,923.75, a 65.21% increase year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥10,601,329.80, showing a 3.75% increase compared to the same period last year[3] - The basic earnings per share for Q3 2021 was ¥0.13, down 18.75% year-on-year[3] - The weighted average return on equity was 2.39%, a slight decrease of 0.05% compared to the same period last year[3] - Total operating revenue for Q3 2021 was CNY 250,866,223.43, an increase of 10.5% compared to CNY 226,710,734.96 in the same period last year[23] - Net profit for Q3 2021 was CNY 50,360,336.66, a decrease of 6.4% from CNY 53,420,432.15 in Q3 2020[24] - Basic and diluted earnings per share were both CNY 0.37, down from CNY 0.76 in the previous year[24] Assets and Liabilities - The total assets at the end of Q3 2021 reached ¥1,007,313,007.60, reflecting a 43.56% increase from the end of the previous year[3] - The equity attributable to shareholders increased by 64.36% to ¥767,720,567.20 compared to the end of the previous year[3] - The total current assets amounted to ¥564,538,210.80 as of the third quarter of 2021[30] - The total assets of the company as of September 30, 2021, are ¥1,007,313,007.60, compared to ¥701,656,679.29 at the end of 2020[21] - The company's total liabilities as of September 30, 2021, are ¥239,592,440.40, compared to ¥234,571,606.30 at the end of 2020[21] - The total liabilities amounted to ¥234,702,860.95, indicating a slight increase due to the new leasing liabilities[31] - The total number of restricted shares at the end of the period is 105,000,000, with 1,811,848 shares released during the period[15] Cash Flow - The cash flow from operating activities showed a negative net amount of ¥83,708,184.74, a decrease of 227.39% compared to the same period last year[3] - The net cash flow from operating activities decreased by 227.39% to approximately -¥83.71 million, mainly due to a reduction in cash received from sales of goods and services[9] - Cash flow from operating activities showed a net outflow of CNY -83,708,184.74, compared to a net inflow of CNY 65,708,760.59 in the same period last year[26] - Cash flow from investing activities resulted in a net outflow of CNY -144,843,960.00, worsening from a net outflow of CNY -25,659,400.15 year-over-year[27] - Cash flow from financing activities generated a net inflow of CNY 229,267,351.29, compared to a net outflow of CNY -5,095,628.41 in the previous year[27] Investments and Expenses - The company has increased its investment in long-term equity by 160.39% to ¥52,804,837.93, reflecting a strategic focus on joint ventures[8] - The company's sales expenses increased by 83.28% year-on-year, reaching approximately ¥4.62 million, primarily due to higher employee compensation and bidding service fees[9] - Investment income rose by 119.58% year-on-year to approximately ¥2.95 million, attributed to gains from purchased bank wealth management products[9] - Research and development expenses increased to CNY 11,120,948.02, up from CNY 10,396,829.59 in the same period last year[23] Government and Financing Activities - The company reported a net cash flow from financing activities of approximately ¥229.27 million, a significant increase of 4,599.29%, primarily from the proceeds of the initial public offering[9] - The company recorded a significant increase in government subsidies, with non-operating income rising by 385.99% to approximately ¥9.72 million[9] - The company has newly incurred long-term borrowings of ¥5 million, reflecting its strategy to enhance liquidity[9] - The company has a cash balance of ¥120,956,936.15 as of September 30, 2021, compared to ¥113,045,626.45 at the end of 2020[19] Contracts and Projects - The company has signed a contract for the "Leping City Abandoned Mine Ecological Restoration Project" with a total contract price of approximately ¥50,866,597.22[16] - The company is involved in the "Jianshui County Historical Mine Ecological Restoration Project" with an estimated total investment of ¥454,075,700, including approximately ¥400,000,000 for engineering costs[18] - The company has ongoing contracts that are expected to positively impact its financial status and operating results for 2021 and future years[18] Miscellaneous - The third quarter report for 2021 was not audited, indicating a preliminary financial status[32] - The company has not disclosed any new product developments or market expansion strategies in the current report[32]