Financial Performance - The company's revenue for Q3 2021 was ¥3,329,493,282.05, representing a decrease of 9.48% compared to the same period last year[3]. - Net profit attributable to shareholders was ¥81,465,620.98, down 72.34% year-on-year, while net profit for the year-to-date was ¥350,462,944.51, a decrease of 37.92%[3]. - The basic earnings per share for Q3 2021 was ¥0.0648, reflecting a decline of 72.34% compared to the previous year[4]. - Total operating revenue for the third quarter was ¥9,232,953,651.11, a decrease of 4.67% from ¥9,686,511,520.43 in the same period last year[21]. - Net profit for the third quarter was ¥350,462,944.51, a decline of 37.9% compared to ¥564,508,815.50 in the previous year[23]. - The total profit for the period was ¥450,072,655.46, down 39.7% from ¥746,058,737.35 in the same quarter last year[23]. Assets and Liabilities - The company's total assets at the end of Q3 2021 were ¥5,759,911,458.75, a decrease of 2.50% from the end of the previous year[4]. - The total current assets decreased to approximately ¥3.16 billion from ¥3.71 billion, a reduction of about 14.8% year-over-year[16]. - The total non-current assets increased to approximately ¥2.60 billion from ¥2.19 billion, reflecting a growth of about 17.4% year-over-year[16]. - The total liabilities decreased to ¥1,946,846,761.14 from ¥2,482,969,498.47, reflecting a reduction of approximately 21.5%[18]. - Total liabilities were CNY 2,482,969,498.47, a decrease of CNY 24,909,939.70 compared to the previous period[29]. Cash Flow - Cash flow from operating activities showed a net outflow of ¥377,761,538.21, a significant decline of 163.03% compared to the same period last year[4]. - Operating cash inflow for the period was CNY 9,595,051,941.08, down 14.3% from CNY 11,190,681,788.59 in the previous period[24]. - Operating cash outflow totaled CNY 9,972,813,479.29, a decrease of 5.8% compared to CNY 10,591,305,757.02 in the prior period[25]. - Cash and cash equivalents at the end of the period amounted to CNY 379,378,925.92, down 49.6% from CNY 752,893,021.22 at the end of the previous period[25]. - Cash inflow from financing activities was CNY 388,952,540.99, significantly lower than CNY 793,971,182.22 in the previous period[25]. Research and Development - The company reported a 57.39% increase in R&D expenses, totaling ¥28,627,772.03, indicating a focus on innovation[8]. - The company has made significant progress in R&D, with 2 new invention patents granted and 18 pending as of the end of the reporting period[13]. - The company is focusing on the industrialization of high-performance thermoplastic composite materials, with some new products already in small-scale production[13]. - The company is actively collaborating with external research institutions to enhance its R&D capabilities and product offerings[13]. Shareholder Information - As of September 30, 2021, the total number of ordinary shareholders was 3, with the largest shareholder, China Resources Chemical Materials Co., Ltd., holding 67.93% of shares[10]. - The company’s total equity attributable to shareholders rose to ¥3,813,064,697.61, an increase of 11.34% from the previous year[4]. - Total equity increased to ¥3,813,064,697.61 from ¥3,424,638,499.55, representing an increase of about 11.3%[18]. Other Information - The company has completed the construction and commissioning of the PETG special polyester project, with an annual capacity of 100,000 tons, and is in the final stages of engineering[12]. - The company has initiated its initial public offering (IPO) process, receiving approval from the China Securities Regulatory Commission on September 8, 2021[11]. - The company reported a long-term loan of CNY 72,900,709.04[29]. - The adjustment for the new leasing standard resulted in a right-of-use asset of CNY 28,867,962.75 and a lease liability of CNY 24,909,939.70[30]. - The report was issued by the board of directors on October 29, 2021[32].
华润材料(301090) - 2021 Q3 - 季度财报