Financial Performance - The company's revenue for Q3 2021 was ¥163,554,319.55, a decrease of 24.79% compared to the same period last year[4] - Net profit attributable to shareholders was ¥7,144,017.43, down 70.40% year-on-year[4] - The basic earnings per share were ¥0.058, reflecting a decline of 75.93% compared to the previous year[4] - Total operating revenue for Q3 2021 reached ¥485,043,020.87, an increase of 22.1% compared to ¥396,822,173.49 in the same period last year[21] - Net profit for Q3 2021 was ¥33,375,846.81, representing a growth of 50.2% from ¥22,216,618.59 in Q3 2020[22] - Basic earnings per share for Q3 2021 were ¥0.31, compared to ¥0.23 in the same period last year, reflecting a 34.8% increase[23] Assets and Liabilities - Total assets increased to ¥2,336,396,610.65, representing a growth of 29.01% from the end of the previous year[4] - The company's total liabilities increased to ¥1,330,184,545.52, up from ¥950,497,899.03 year-over-year, reflecting a growth of 39.9%[21] - The company's total current liabilities reached ¥1,219,804,216.07, an increase of 41.2% from ¥864,152,128.44 year-over-year[21] - Current assets amounted to CNY 2,178,301,504.12, up from CNY 1,653,639,856.97, indicating a growth of about 31.7% year-over-year[19] Cash Flow - Cash flow from operating activities showed a negative net amount of ¥-281,753,217.65, indicating a decline of 99.84%[4] - Cash inflow from operating activities was ¥394,297,637.80, significantly higher than ¥168,049,974.43 in the same quarter last year, marking a growth of 134.8%[24] - The net cash flow from operating activities was -281,753,217.65, compared to -140,988,926.91 in the same period last year, indicating a decline of approximately 99.9%[26] - The total cash inflow from financing activities was 756,995,950.82, significantly higher than 349,488,730.62 in the previous year, representing an increase of about 116.5%[26] - The net cash flow from financing activities was 418,358,419.79, compared to 144,080,814.67 in the same period last year, showing an increase of approximately 190.5%[26] - The total cash and cash equivalents at the end of the period amounted to 422,298,300.67, up from 322,849,765.34 at the end of the previous year, reflecting an increase of about 30.8%[26] Research and Development - The company reported a significant increase in research and development expenses, which rose by 35.23% to ¥23,824,428.85 due to higher personnel costs and increased investment[8] - Research and development expenses for Q3 2021 amounted to ¥23,824,428.85, up 35.1% from ¥17,617,540.82 in Q3 2020, indicating a focus on innovation[22] Inventory and Borrowings - The company’s inventory increased by 102.55% to ¥388,249,385.10, attributed to a rise in order execution[10] - Short-term borrowings rose by 83.56% to ¥551,816,778.41, primarily due to increased bank loans[10] - Inventory surged to CNY 388,249,385.10, compared to CNY 191,681,304.79, marking an increase of approximately 102.5%[19] - Short-term borrowings rose significantly to CNY 551,816,778.41 from CNY 300,621,207.29, an increase of about 83.5%[19] Government Support and Shareholder Information - The company received government subsidies amounting to ¥7,078,726.74 during the reporting period, contributing to other income growth of 326.77%[8] - The total number of ordinary shareholders at the end of the reporting period was 19,050[12] Corporate Governance - The company completed the registration of its business name change on September 26, 2021, from "Suzhou Shijin Environmental Technology Co., Ltd." to "Suzhou Shijin Technology Co., Ltd."[16] - The company’s board and supervisory board elections were held on September 24, 2021, to ensure smooth governance transitions[16] Audit and Reporting - The third-quarter report was not audited, which may affect the reliability of the financial data presented[28]
仕净科技(301030) - 2021 Q3 - 季度财报