科士达(002518) - 2021 Q3 - 季度财报

Revenue and Profit - Revenue for Q3 2021 was CNY 657,414,881.76, a decrease of 5.18% compared to the same period last year[3] - Net profit attributable to shareholders was CNY 102,342,120.08, unchanged from the previous year[3] - Net profit excluding non-recurring gains and losses decreased by 20.36% to CNY 75,988,964.51[3] - Total operating revenue for the third quarter reached ¥1,847,676,820.79, an increase of 17.4% compared to ¥1,573,701,781.28 in the same period last year[26] - Net profit for the period was ¥280,107,459.07, compared to ¥234,316,491.66 in the previous year, representing a growth of 19.5%[29] - The company reported a total comprehensive income of ¥280,112,721.63, compared to ¥234,292,631.92 in the same period last year, showing an increase of 19.5%[33] Cash Flow and Liquidity - Cash flow from operating activities increased by 263.75% to CNY 226,779,019.29 year-to-date[6] - Operating cash inflow for the period was CNY 1,995,300,137.41, an increase of 10.9% from CNY 1,798,362,419.70 in the previous period[37] - Net cash flow from operating activities was CNY 226,779,019.29, significantly up from CNY 62,345,260.65 in the previous period[37] - Cash and cash equivalents decreased to approximately CNY 424 million from CNY 551 million, representing a decline of about 23%[18] - Cash inflow from financing activities was CNY 44,747,125.28, up from CNY 30,078,969.00 in the previous period[40] - Cash outflow from investment activities totaled CNY 1,767,497,484.23, compared to CNY 1,727,899,597.11 in the previous period, resulting in a net cash outflow of CNY 220,249,738.49[40] Assets and Liabilities - Total assets reached CNY 4,575,937,467.96, an increase of 10.68% from the end of the previous year[3] - The total assets of the company reached approximately CNY 4.58 billion, compared to CNY 4.13 billion at the end of 2020, marking a growth of about 10.7%[20] - The company’s total assets amounted to CNY 4,134,227,158.38, slightly down from CNY 4,148,065,465.75 in the previous period[44] - The total liabilities increased to ¥1,561,982,631.79 from ¥1,321,189,388.46, marking a rise of 19.3%[25] - The company’s total liabilities increased, with accounts payable rising to approximately CNY 610 million from CNY 486 million, an increase of about 25.5%[20] - Total liabilities amounted to approximately ¥1,321.19 million, with current liabilities at ¥1,152.54 million[47] Equity and Investments - Shareholders' equity attributable to the parent company was CNY 2,970,348,742.18, up 5.87% from the previous year[3] - The total equity attributable to shareholders of the parent company rose to ¥2,970,348,742.18, up from ¥2,805,610,823.90, indicating a growth of 5.9%[25] - The company’s total equity increased by approximately 0.5% compared to the previous reporting period[50] - The company’s long-term equity investments decreased significantly from approximately CNY 74 million to about CNY 1.85 million, indicating a reduction of over 97%[21] Inventory and Prepayments - Inventory increased by 88.01% to CNY 609,778,379.19 due to supply chain issues and increased orders[6] - Inventory levels increased significantly to approximately CNY 610 million, up from CNY 324 million, indicating an increase of approximately 88%[18] - The company reported a significant increase in prepayments by 176.73% to CNY 49,459,044.87, primarily due to the acquisition of shares in Times Keda[6] Research and Development - Research and development expenses for the quarter were ¥121,632,996.41, compared to ¥102,846,607.66 in the previous year, reflecting a 18.2% increase[29] Strategic Initiatives - The company plans to continue expanding its market presence and investing in new technologies[4] - The company is actively pursuing new strategies for market expansion and product development, particularly in the energy storage and charging sectors[17] - The company is expanding its global footprint with the establishment of a wholly-owned subsidiary in Vietnam, aimed at enhancing overseas operations[17] - The company acquired 31% of the equity in a joint venture with CATL, increasing its ownership to 80%, which is expected to enhance its capabilities in energy storage and charging solutions[17] Miscellaneous - The company has not yet audited its third-quarter report, which may affect the reliability of the financial data presented[51] - The company holds a surplus reserve of ¥213.29 million, contributing to its overall financial stability[50] - The company has a total of ¥69.20 million in contract liabilities, indicating future revenue obligations[47]