NANSHAN ALUMINIUM(SH:600219)2021-10-26 16:00Financial Performance - The company's operating revenue for Q3 2021 reached ¥7,844,466,046.54, an increase of 45.09% compared to the same period last year[4]. - Net profit attributable to shareholders for Q3 2021 was ¥1,012,449,959.57, reflecting a growth of 79.10% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,015,928,512.30, up 93.86% from the previous year[4]. - Basic earnings per share for Q3 2021 were ¥0.08, a 60.00% increase compared to the same period last year[5]. - Total revenue for the first three quarters of 2021 reached ¥20,384,571,231.03, a 30.5% increase from ¥15,603,929,339.41 in the same period of 2020[24]. - Operating profit for the first three quarters of 2021 was ¥2,950,880,437.33, up 67.0% from ¥1,766,698,598.07 in 2020[24]. - The company reported a net profit margin improvement, with net profit for the first three quarters showing a significant increase compared to the previous year[24]. - The net profit for Q3 2021 was CNY 2,618,263,026.83, an increase of 71.5% compared to CNY 1,529,000,003.22 in Q3 2020[25]. - The total comprehensive income for Q3 2021 reached CNY 2,806,226,102.35, up from CNY 1,324,764,177.22 in the same period last year, representing a growth of 111.2%[25]. - Earnings per share (EPS) for Q3 2021 was CNY 0.21, compared to CNY 0.12 in Q3 2020, reflecting a 75% increase[25]. Assets and Liabilities - Total assets at the end of Q3 2021 amounted to ¥61,722,065,073.37, representing a 10.19% increase from the end of the previous year[5]. - Total assets as of the end of the third quarter of 2021 amounted to ¥61,722,065,073.37, compared to ¥56,011,864,285.89 at the end of the previous year[22]. - Total liabilities increased to ¥14,697,572,914.27 from ¥11,724,933,121.99, representing a growth of 25.5%[22]. - Current liabilities totaled ¥13,999,692,957.89, an increase of 31.5% from ¥10,668,386,909.56[21]. - The company's equity attributable to shareholders reached ¥42,475,267,408.94, up from ¥40,385,128,163.83, indicating a growth of 5.2%[22]. - As of September 30, 2021, the company's total current assets amounted to approximately RMB 28.88 billion, an increase from RMB 23.12 billion at the end of 2020[19]. - The company's cash and cash equivalents stood at approximately RMB 16.74 billion as of September 30, 2021, compared to RMB 13.23 billion at the end of 2020[19]. - Accounts receivable increased to approximately RMB 3.03 billion as of September 30, 2021, up from RMB 2.32 billion at the end of 2020[19]. Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥2,767,272,099.33, reflecting a 14.76% increase compared to the previous year[4]. - Cash flow from operating activities for the first three quarters of 2021 was CNY 2,767,272,099.33, compared to CNY 2,411,385,411.37 in the same period of 2020, indicating a growth of 14.8%[26]. - Cash inflow from operating activities totaled CNY 18,146,784,266.78 in the first three quarters of 2021, up from CNY 13,841,855,462.50 in 2020, marking a 31.5% increase[26]. - The company reported cash and cash equivalents at the end of Q3 2021 amounting to CNY 12,785,296,638.71, compared to CNY 8,948,125,413.15 at the end of Q3 2020, a rise of 42.5%[27]. - The total cash outflow from investing activities in Q3 2021 was CNY 1,408,911,699.33, significantly lower than CNY 13,643,173,663.35 in the same period last year[27]. - The net cash flow from financing activities for Q3 2021 was -CNY 365,961,487.65, an improvement from -CNY 1,025,583,353.73 in Q3 2020[27]. - The company received CNY 680,723,672.54 from investments in Q3 2021, compared to CNY 1,296,678,052.69 in Q3 2020, reflecting a decrease of 47.5%[27]. Market and Product Development - The company has seen a significant increase in demand for automotive aluminum plates, with sales achieving breakthrough growth compared to the same period last year, supported by major clients such as NIO and BMW[14]. - The company has commenced production of a 21,000-ton high-performance battery foil project, which will enhance its market share in the high-end battery foil segment upon reaching full capacity[14]. - The company's revenue from electrolytic aluminum production has increased due to a substantial rise in aluminum prices compared to the same period last year[14]. - The first phase of the 1 million-ton alumina project in Indonesia was successfully completed in September, which is expected to leverage local cost advantages for sustained revenue growth[14]. - The company is positioned as a leading supplier in the domestic automotive aluminum plate market, benefiting from the rapid growth of the new energy vehicle sector[14]. - The company aims to further expand its market presence and product offerings in response to the growing demand for high-end aluminum products in the automotive and battery sectors[14]. Research and Development - Research and development expenses increased significantly to ¥1,323,026,461.49, compared to ¥705,623,356.64 in the previous year, reflecting an increase of 87.5%[24].