Important Content Reminder
- The board of directors and senior management guarantee the truthfulness, accuracy, and completeness of the quarterly report, and assume individual and joint legal responsibilities.
- The person in charge of the company, the head of accounting, and the accounting institution declare that they ensure the financial information in the quarterly report is true, accurate, and complete.
- The quarterly financial report has not been audited.
Main Financial Data
(1) Key Accounting Data and Financial Indicators
The company does not need to restate or adjust previous years' accounting data.
| Item | Current Period | Same Period Last Year | Change (%) |
|---|
| Operating Revenue (CNY) | 235,897,297.00 | 171,153,602.96 | 37.83% |
| Net Profit Attributable to Shareholders (CNY) | 7,736,703.46 | -4,367,181.24 | 277.16% |
| Net Profit Attributable to Shareholders after Non-recurring Gains and Losses (CNY) | 7,250,939.13 | -6,669,596.75 | 208.72% |
| Net Cash Flow from Operating Activities (CNY) | -1,431,776.27 | 24,701,934.36 | -105.80% |
| Basic Earnings per Share (CNY/share) | 0.0268 | -0.0151 | 277.48% |
| Diluted Earnings per Share (CNY/share) | 0.0268 | -0.0151 | 277.48% |
| Weighted Average Return on Equity | 0.39% | -0.22% | 0.61% |
(2) Non-recurring Gains and Losses
| Item | Amount for Current Period (CNY) | Description |
|---|
| Loss from Disposal of Non-current Assets | -33,352.93 | |
| Government Subsidies Recognized in Current Period | 647,764.19 | |
| Fair Value Changes of Financial Assets | 892,253.69 | |
| Other Income and Expenses | -995,997.58 | |
| Less: Income Tax Impact | 21,862.21 | |
| Minority Interests Impact (after tax) | 3,040.83 | |
| Total | 485,764.33 | |
(3) Changes in Key Accounting Data and Financial Indicators
| Item | End of Period Balance | Beginning of Period Balance | Change Amount | Change Ratio | Main Reasons for Change |
|---|
| Notes Receivable | 1,300,077.97 | 5,980,717.37 | -4,680,639.40 | -78.26% | Mainly due to endorsement transfer and maturity of notes. |
| Accounts Receivable | 153,588,084.52 | 116,835,678.92 | 36,752,405.60 | 31.46% | Mainly due to increased product sales during the reporting period. |
| Financing Receivables | 7,958,428.98 | 2,152,013.64 | 5,806,415.34 | 269.81% | Mainly due to increased bank acceptance bills received. |
| Prepayments | 12,850,450.83 | 8,813,805.83 | 4,036,645.00 | 45.80% | Mainly due to increased prepayments by subsidiaries. |
| Other Receivables | 3,110,307.06 | 5,437,851.15 | -2,327,544.09 | -42.80% | Mainly due to receipt of export tax rebates. |
| Construction in Progress | 53,724,370.57 | 18,900,382.64 | 34,823,987.93 | 184.25% | Mainly due to increased investment in subsidiary projects. |
| Other Non-current Assets | 3,717,269.80 | 6,547,752.02 | -2,830,482.22 | -43.23% | Mainly due to settlement of engineering-related bills. |
| Other Current Liabilities | 5,654,234.52 | 11,583,781.54 | -5,929,547.02 | -51.19% | Mainly due to decreased endorsed but unexpired acceptance bills at the end of the reporting period. |