Revenue and Profit - Revenue for Q3 2021 was CNY 174,949,097.77, an increase of 6.32% year-over-year, while year-to-date revenue reached CNY 525,391,963.70, up 15.61% compared to the same period last year[3] - Net profit attributable to shareholders was CNY -7,662,670.09 for Q3 2021, a decrease of 191.30% year-over-year, and year-to-date net profit was CNY 11,057,025.90, down 64.33% compared to the previous year[3] - Basic and diluted earnings per share for Q3 2021 were both CNY -0.1015, reflecting a decline of 196.48% year-over-year, while year-to-date earnings per share were CNY 0.1207, down 68.92%[3] - The net profit for Q3 2021 was CNY 11,057,025.90, a decrease of 64.3% compared to CNY 30,997,407.07 in Q3 2020[19] - Operating profit for Q3 2021 was CNY 13,157,327.38, down 63.5% from CNY 36,075,474.36 in the same period last year[19] - Total comprehensive income for Q3 2021 was CNY 10,359,483.87, a decrease of 65.0% from CNY 29,583,732.88 in Q3 2020[20] - Basic and diluted earnings per share were both CNY 0.1207, down from CNY 0.3884 in the same quarter last year[20] Expenses and Costs - Research and development expenses increased by 45.14% year-over-year to CNY 1,774,910.00, indicating a focus on new product and technology development[8] - The company experienced a 35.58% decrease in selling expenses to CNY 23,009,500.00, mainly due to the reclassification of freight costs under new revenue standards[8] - The total operating costs for the third quarter of 2021 were CNY 516,395,461.93, up 22.4% from CNY 421,886,137.35 in the previous year[18] - The company reported a significant increase in sales expenses, which amounted to CNY 23,009,527.62, down from CNY 35,718,220.91 in the previous year[19] Cash Flow and Liquidity - Cash flow from operating activities showed a net outflow of CNY -5,242,135.93 year-to-date, a decrease of 109.12% compared to the previous year, primarily due to increased freight costs[9] - Cash flow from operating activities showed a net outflow of CNY 5,242,135.93, compared to a net inflow of CNY 57,481,277.38 in Q3 2020[22] - The company reported a cash inflow from financing activities of CNY 82,381,387.71, compared to a cash outflow of CNY 24,473,954.32 in Q3 2020[22] - Cash and cash equivalents as of September 30, 2021, amounted to CNY 138,959,241.14, significantly higher than CNY 62,541,996.34 at the end of 2020, reflecting a growth of 121.5%[14] - Cash and cash equivalents at the end of Q3 2021 totaled CNY 100,169,918.30, an increase from CNY 23,481,483.00 at the end of Q3 2020[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,190,484,533.93, representing a 7.21% increase from the end of the previous year[3] - The total assets as of September 30, 2021, were CNY 1,190,484,533.93, compared to CNY 1,110,382,134.99 at the end of 2020, indicating an increase of 7.2%[16] - The total liabilities decreased to CNY 653,272,228.67 from CNY 694,478,942.26, a reduction of 5.9%[16] - The owner's equity increased to CNY 537,212,305.26 from CNY 415,903,192.73, representing a growth of 29.0%[16] - The company reported a decrease in short-term borrowings to CNY 84,606,233.33 from CNY 100,187,914.24, a decline of 15.5%[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 18,985, with the top ten shareholders holding a combined 92.08% of the shares[10] - The company reported a significant increase in capital reserves by 57.99% to CNY 25,621,930.00, attributed to funds raised from the initial public offering[8] - The company’s capital reserve increased to CNY 256,219,313.72 from CNY 162,179,471.34, showing a growth of 58.0%[16] Inventory and Receivables - Inventory as of September 30, 2021, was CNY 393,373,208.54, up from CNY 377,937,583.79 at the end of 2020, reflecting an increase of 4.1%[14] - The accounts receivable increased to CNY 181,965,810.53 from CNY 154,735,415.07, a rise of 17.6%[14] - The company reported a 3427.97% increase in asset disposal gains to CNY 1,137,000.00, driven by increased equipment disposals during the reporting period[8]
宁波方正(300998) - 2021 Q3 - 季度财报