中国稀土(000831) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 reached ¥428,826,568.23, representing a 59.06% increase compared to the same period last year[3]. - Net profit attributable to shareholders was ¥28,485,779.84, a significant increase of 216.39% year-over-year[3]. - The net profit excluding non-recurring gains and losses was ¥27,216,847.47, up 206.20% compared to the previous year[3]. - The company reported a 107.67% increase in revenue for the first nine months of 2021, totaling ¥2,002,816,825.42, driven by rising rare earth prices and increased sales volume[6]. - Total operating revenue for Q3 2021 reached ¥2,002,816,825.42, a significant increase of 107.5% compared to ¥964,411,538.72 in the same period last year[17]. - Net profit for Q3 2021 was ¥206,828,748.39, representing a 47.2% increase from ¥140,381,888.14 in Q3 2020[18]. - The total comprehensive income for Q3 2021 was ¥206,828,748.39, compared to ¥140,381,888.14 in Q3 2020, showing a strong performance[18]. - The company's total equity attributable to shareholders of the parent company was ¥2,612,427,841.94, up from ¥2,461,346,562.81 year-on-year[17]. Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥4,967,267,552.77, reflecting a 58.63% increase from the end of the previous year[3]. - The company's total liabilities amounted to ¥2,256,011,457.45, compared to ¥578,595,989.75 in the previous year, indicating a substantial increase[17]. - The company's total assets reached approximately RMB 4.97 billion, a significant increase from RMB 3.13 billion at the end of 2020, representing a growth of about 58.8%[13]. - The company's current assets totaled approximately RMB 4.49 billion, up from RMB 2.66 billion in December 2020, indicating a growth of approximately 68.5%[14]. - The company's short-term borrowings surged to approximately RMB 2.09 billion, compared to RMB 399.16 million at the end of 2020, reflecting an increase of about 423.5%[14]. - The accounts receivable increased to approximately RMB 31.01 million from RMB 2.07 million, showing a growth of about 1398.5%[13]. - The company's total liabilities increased significantly, with short-term borrowings rising to ¥2,085,380,856.04, a 422.44% increase due to increased bank financing[5]. Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥169,422,152.66, a decline of 466.57% compared to the same period last year[7]. - The cash inflow from operating activities for the current period was CNY 1,766,282,239.48, compared to CNY 1,079,094,657.27 in the previous period, representing an increase of approximately 63.8%[19]. - The net cash flow from operating activities was negative CNY 169,422,152.66, a decline from a positive CNY 46,218,658.41 in the same period last year[19]. - The cash inflow from investment activities was CNY 2,397,019.92, significantly lower than CNY 61,468,081.96 in the previous period, indicating a decrease of approximately 96.1%[20]. - The net cash flow from investment activities was negative CNY 15,032,830.50, compared to a positive CNY 54,908,516.92 in the previous period[20]. - The cash inflow from financing activities was CNY 2,285,735,023.37, a substantial increase from CNY 47,050,000.00 in the previous period[20]. - The net cash flow from financing activities was CNY 1,772,531,046.37, compared to a negative CNY 90,512,728.73 in the previous period, showing a significant turnaround[20]. - The total cash and cash equivalents at the end of the period amounted to CNY 1,873,204,603.32, up from CNY 126,697,077.75 at the end of the previous period[20]. Expenses - The company experienced a 61.43% increase in selling expenses, totaling ¥3,606,829.85, primarily due to higher packaging and inspection costs[7]. - Total operating costs for Q3 2021 were ¥1,741,674,572.16, up 107.5% from ¥839,135,454.69 in Q3 2020[17]. - Research and development expenses for Q3 2021 were ¥11,757,749.68, an increase from ¥9,415,670.02 in Q3 2020, highlighting the company's commitment to innovation[17]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 205,693, with no preferred shareholders[8]. - The top ten shareholders hold a combined 43.71% of the company's shares, with the largest shareholder, WISCO Group, owning 23.98%[10]. - The company has engaged in margin trading activities, with notable holdings by individual shareholders through margin accounts[11]. Other Information - The company is in the process of liquidating and closing its subsidiary, Gannan Hongjin, as approved in previous board meetings[12]. - The report was not audited, indicating that the figures may be subject to further verification[24]. - The company is implementing new leasing standards effective from January 1, 2021, which may impact future financial reporting[23]. - The company has a contract liability of CNY 1,577,720.50, indicating future revenue obligations[22]. - The company’s employee compensation payable stands at CNY 18,256,240.16, reflecting its payroll commitments[22]. - The company has a deferred tax liability of CNY 5,238,067.51, which may affect future tax expenses[22].