多氟多(002407) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥2,402,271,625.65, representing a 112.43% increase year-over-year[2] - Net profit attributable to shareholders reached ¥429,443,266.21, a staggering increase of 20,586.20% compared to the same period last year[2] - The net profit after deducting non-recurring gains and losses was ¥429,624,928.48, up 1,017.78% year-over-year[2] - Operating revenue for the period reached ¥5,306,838,376.41, an increase of 85.36% compared to ¥2,863,064,269.01 in the previous period, driven by the rise in both volume and price of new material products[7] - Net profit surged to ¥743,236,551.00, a remarkable increase of 2100.95% from ¥33,768,846.98 in the previous period, attributed to strong market demand for new material products[8] - Total operating revenue for Q3 2021 reached ¥5,317,153,057.80, a 84.5% increase from ¥2,891,663,086.70 in the same period last year[24] - The net profit for the third quarter of 2021 was CNY 743,236,551, a significant increase from CNY 33,768,846 in the same period last year, representing a growth of approximately 2,103%[25] - The total profit for the third quarter was CNY 827,564,557.11, up from CNY 50,040,197.15 in the same period last year, reflecting a growth of approximately 1,553%[25] Assets and Equity - The total assets at the end of the reporting period were ¥11,230,075,737.13, reflecting a 16.36% increase from the end of the previous year[2] - The equity attributable to shareholders was ¥4,541,151,137.50, which is a 53.93% increase compared to the end of the previous year[2] - The company's total assets increased to ¥11,230,075,737.13, up from ¥9,651,094,956.96 year-over-year, representing an 16.3% growth[24] - The total equity attributable to shareholders rose to ¥4,541,151,137.50 from ¥2,950,169,996.80, reflecting a 53.8% increase[24] Cash Flow - The cash flow from operating activities for the year-to-date reached ¥895,613,051.26, showing a significant increase of 2,835.68%[2] - Cash inflow from operating activities totaled ¥5,062,993,569.22, marking a 79.44% increase from ¥2,821,478,278.09, primarily due to higher sales revenue[9] - The total cash outflow from operating activities was ¥4,167,380,517.96, a 46.01% increase from ¥2,854,216,556.04, mainly due to higher cash payments for goods and services[9] - The net cash flow from investing activities was CNY -871,256,383.59, a decrease from CNY 47,905,808.36 in the previous year, indicating a negative cash flow trend[28] - Cash inflow from financing activities totaled CNY 3,538,879,867.16, slightly down from CNY 3,643,097,900.00 in the previous year[28] - The net increase in cash and cash equivalents was CNY 251,948,355.64, compared to a decrease of CNY -87,436,755.72 in the same period last year[28] Liabilities and Expenses - The company reported a 418.26% increase in income tax expenses, amounting to ¥84,328,006.11, compared to ¥16,271,350.17 in the previous period, due to increased profits[8] - The total liabilities decreased slightly to ¥6,041,400,524.82 from ¥6,126,054,165.62, a reduction of 1.4%[23] - The company experienced a significant increase in credit impairment losses, which rose by 1287.03% to -¥75,835,737.86, compared to -¥5,467,499.33 in the previous period[7] Research and Development - Research and development expenses increased by 88.54% to ¥164,771,686.14, up from ¥87,393,001.55, reflecting a significant boost in R&D investment[7] - Research and development expenses for the quarter were ¥164,771,686.14, up 88.5% from ¥87,393,001.55 in the same quarter last year[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 151,242, with the largest shareholder holding 11.42% of the shares[10] - As of September 14, 2021, the company repurchased a total of 3,056,010 shares, accounting for 0.40% of the total share capital, with a total transaction amount of ¥158,975,884[13] - The company plans to repurchase shares with a budget between ¥80 million and ¥159 million, with a maximum repurchase price of ¥54.50 per share, within a six-month period[12] Subsidiaries and Corporate Actions - The company completed the registration of its wholly-owned subsidiary, Duofu Duohaina New Materials Co., Ltd., on July 28, 2021[19] - The company established another wholly-owned subsidiary, Duofu Duoyangfu New Materials Co., Ltd., which completed its registration on September 13, 2021[19] - The company also set up a wholly-owned subsidiary, Henan Hainmeike New Materials Co., Ltd., which received its business license on September 24, 2021[20] Inventory and Prepayments - The company’s inventory increased by 65.58% to ¥1,222,113,830.63, attributed to higher raw material reserves[5] - The company reported a significant increase in prepayments, rising to ¥207,853,665.79 from ¥93,635,725.25, indicating a growth of approximately 122%[21] - Contract liabilities surged to ¥719,542,551.25, compared to ¥44,476,355.78 in the previous year, an increase of 1513.5%[22] Stock Incentive Plan - The company issued a total of 1,108,000 restricted stock units at a grant price of ¥5.56 per share on July 16, 2020[16] - The company granted an additional 189,000 restricted stock units at a price of ¥11.01 per share on March 19, 2021[18] - The company plans to implement a stock incentive plan to enhance its long-term development and align the interests of employees with those of shareholders[14]