登海种业(002041) - 2021 Q3 - 季度财报

Revenue and Profit - Revenue for Q3 2021 reached ¥97,903,635.97, an increase of 9.18% year-over-year, while total revenue for the year-to-date was ¥512,232,920.06, up 19.63% compared to the same period last year [3] - Net profit attributable to shareholders for Q3 2021 was ¥11,631,832.24, a significant increase of 983.11% year-over-year, with a year-to-date net profit of ¥116,770,609.03, reflecting a growth of 100.02% [3] - The basic earnings per share for Q3 2021 was ¥0.0132, marking an increase of 983.11% compared to the same quarter last year [3] - The net profit attributable to the parent company was 116,770,609.03, compared to 58,379,536.69 in the previous period, representing a significant increase [32] - The total profit amounted to 90,482,875.19, compared to 12,188,802.06 in the previous period, showing a substantial increase [29] Assets and Liabilities - Total assets at the end of Q3 2021 amounted to ¥4,173,854,079.99, representing a 10.99% increase from the end of the previous year [5] - As of September 30, 2021, total assets amounted to CNY 4,173,854,079.99, compared to CNY 3,760,508,569.11 at the end of 2020, indicating an increase of about 11% [24] - The total liabilities as of September 30, 2021, were CNY 980,120,890.47, compared to CNY 625,460,555.36 at the end of 2020, representing an increase of approximately 56.7% [24] - The total liabilities were $625,460,555.36, consistent with the previous reporting period [46] Cash Flow - Cash flow from operating activities for the year-to-date was ¥396,430,357.93, an increase of 20.04% compared to the same period last year [3] - The cash inflow from operating activities totaled 873,418,500.71, compared to 681,629,904.10 in the previous period, reflecting a growth of approximately 28.2% [36] - The net cash flow from operating activities was 396,430,357.93, an increase from 330,261,017.92 in the previous period, showing a rise of about 20% [36] - The cash inflow from investment activities was 4,239,732,250.69, down from 5,037,993,326.84 in the previous period, indicating a decrease of approximately 15.8% [36] - The net cash flow from investing activities decreased to $82,933,069.03 from $373,408,684.30, representing a decline of approximately 77.8% [39] - The total cash inflow from financing activities was $15,370,000.00, compared to $3,620,000.00 in the previous period, indicating an increase of 324.5% [39] - The net cash flow from financing activities was -$22,312,237.76, an improvement from -$58,312,385.48, showing a reduction in cash outflow by approximately 61.8% [39] - The ending balance of cash and cash equivalents was $720,714,135.75, down from $850,014,530.45, a decrease of about 15.3% [39] Equity and Retained Earnings - The company’s total equity attributable to shareholders was ¥2,975,035,854.24, reflecting a 2.98% increase from the end of the previous year [5] - The company’s retained earnings reached CNY 1,754,685,708.51, up from CNY 1,668,715,099.48 at the end of 2020, indicating a growth of about 5.1% [24] - The total equity attributable to shareholders was $2,889,065,245.21, unchanged from the prior period [49] Operating Costs and Expenses - Total operating costs for the third quarter of 2021 were CNY 462,477,573.63, slightly up from CNY 457,259,134.54 in the previous year [26] - The total operating expenses included sales expenses of 48,056,653.72, up from 46,072,401.59, reflecting an increase of about 4.3% [29] - Research and development expenses were 43,981,346.21, down from 49,657,175.07, indicating a decrease of approximately 11.5% [29] Inventory and Accounts Payable - The company reported a significant increase in accounts payable, which rose to CNY 56,410,863.02 from CNY 24,945,789.91 in the previous year [20] - The company’s inventory decreased to CNY 299,959,142.75 from CNY 407,746,631.30, reflecting a reduction of approximately 26.5% [18] - The company reported inventory of $407,746,631.30, which remained stable compared to the previous period [43] Other Financial Information - The company established a wholly-owned subsidiary, Ningxia Denghai Seed Industry Co., Ltd., in June 2021 to expand its operations [17] - The company’s financial expenses decreased by 78.75% year-over-year, primarily due to increased interest income from time deposits [9] - The company has not conducted an audit for the third quarter report [49] - The company has implemented new leasing standards starting from 2021, affecting the financial statements [40]