Financial Performance - Revenue for Q3 2021 reached ¥95,540,051.67, an increase of 7.34% compared to the same period last year[3] - Net profit attributable to shareholders decreased by 23.47% to ¥12,882,926.73 in Q3 2021[3] - Total operating revenue for the period reached CNY 286,181,026.01, an increase of 24.2% compared to CNY 230,584,801.85 in the previous period[18] - Net profit for the period was CNY 39,314,345.44, representing a 10.4% increase from CNY 35,550,536.11 in the same period last year[19] - Basic and diluted earnings per share were both CNY 0.62, compared to CNY 0.56 in the previous period[20] Cash Flow - The net cash flow from operating activities was negative at -¥28,669,203.18, a decline of 247.37% year-to-date[3] - Operating cash flow net amount for the period was -28,669,203.18 CNY, a decrease of 247.37% compared to the same period last year[10] - Cash flow from operating activities showed a net outflow of CNY 28,669,203.18, a decline from a net inflow of CNY 19,454,273.59 in the prior period[23] - Cash and cash equivalents at the end of the period totaled CNY 3,991,373.67, down from CNY 3,676,111.84 at the end of the previous period[23] - The company generated CNY 76,258,577.78 in cash from financing activities, an increase from CNY 67,984,394.48 in the prior period[23] Assets and Liabilities - Total assets increased by 24.68% to ¥495,695,757.37 compared to the end of the previous year[3] - Total current assets as of September 30, 2021, were 444,874,432.35 CNY, up from 346,851,737.79 CNY at the end of 2020[16] - Total liabilities increased to 277,882,041.79 CNY from 219,090,066.17 CNY year-on-year[17] - The total assets as of September 30, 2021, were 495,695,757.37 CNY, compared to 397,589,436.31 CNY at the end of 2020[16] - The company’s total equity attributable to shareholders increased by 22.02% to ¥217,813,715.58[4] Accounts and Inventory - The company reported a 41.28% increase in accounts receivable, totaling ¥160,332,185.31, due to higher sales of hydraulic systems[8] - Accounts receivable increased to 160,332,185.31 CNY from 113,482,639.29 CNY year-on-year[15] - Inventory increased by 38.46% to ¥98,596,536.44, driven by a higher number of orders[8] - Inventory rose to 98,596,536.44 CNY, compared to 71,207,266.13 CNY in the previous year[16] - The company reported a significant increase in accounts payable, which rose to 85,750,074.98 CNY from 46,809,273.66 CNY year-on-year[17] Research and Development - Research and development expenses rose by 32.96% to ¥10,186,898.55 in Q3 2021[9] - Research and development expenses increased to CNY 10,186,898.55, up 33.0% from CNY 7,661,622.63 in the previous period[18] Financial Reporting and Standards - The third quarter report for Shaoyang Weike Hydraulic Co., Ltd. has not been audited[24] - The company implemented new leasing standards starting in 2021, but there were no adjustments to prior comparative data[24] - The financial statements for the first execution year of the new leasing standards do not apply to the current report[24] - The report was released on October 28, 2021, indicating the company's commitment to timely financial disclosures[24] - There are no significant changes in financial reporting due to the new leasing standards for this quarter[24] Strategic Outlook - Future outlook and performance guidance were not discussed in the third quarter report[24] - There are no mentions of new product or technology developments in the current report[24] - Market expansion and acquisition strategies were not highlighted in this quarter's report[24] - The report does not include any new strategic initiatives or changes in business direction[24]
邵阳液压(301079) - 2021 Q3 - 季度财报