方大炭素(600516) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was CNY 1,204,277,543.46, representing a year-on-year increase of 24.79%[4] - The net profit attributable to shareholders for Q3 2021 was CNY 371,301,658.19, an increase of 83.85% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 235,035,371.33, up 24.61% year-on-year[4] - The basic earnings per share for Q3 2021 was CNY 0.0976, an increase of 83.85% year-on-year[5] - Total revenue for the first three quarters of 2021 reached approximately RMB 3.57 billion, a 37.2% increase from RMB 2.60 billion in the same period of 2020[23] - Operating profit for the third quarter of 2021 was RMB 1.07 billion, compared to RMB 459.8 million in the third quarter of 2020, reflecting a significant increase[25] - Net profit attributable to shareholders of the parent company for the third quarter of 2021 was RMB 873.4 million, up from RMB 400.4 million in the same quarter of 2020, representing a 118.5% increase[26] - The basic earnings per share for Q3 2021 were RMB 0.2295, compared to RMB 0.1052 in Q3 2020, indicating an increase of 118.5%[26] Cash Flow and Liquidity - The cash flow from operating activities for the year-to-date period reached CNY 516,171,993.46, reflecting a significant increase of 164.44% compared to the same period last year[4] - Operating cash inflow for Q3 2021 reached ¥3,650,707,942.11, a significant increase of 53.3% compared to ¥2,383,345,379.36 in Q3 2020[28] - Net cash flow from operating activities was ¥516,171,993.46, up from ¥195,191,906.21 in the same period last year, representing a growth of 164.5%[28] - The net increase in cash and cash equivalents for the period was ¥335,178,258.35, contrasting with a decrease of ¥3,676,079,586.44 in Q3 2020, indicating improved liquidity management[30] Assets and Liabilities - Total assets at the end of Q3 2021 were CNY 18,364,934,661.65, a decrease of 4.53% from the end of the previous year[5] - Total liabilities as of the end of the third quarter of 2021 amounted to RMB 2.85 billion, an increase from RMB 2.69 billion at the end of the same period in 2020[22] - The company's total equity decreased to RMB 15.52 billion in Q3 2021 from RMB 16.54 billion in Q3 2020, indicating a decline of approximately 6.2%[22] - The company's accounts receivable increased by 77.04% year-on-year, reaching CNY 695,552,775.41, due to rising sales prices[8] - The total assets of the company as of September 30, 2021, are ¥18,364,934,661.65, down from ¥19,235,471,109.23 at the end of 2020[20] Investments and Shareholder Information - The company plans to invest ¥600 million in the Tianjin Haihe Fangda Industrial Investment Fund, representing 59.41% of the fund's total subscription amount[17] - The total number of common shareholders at the end of the reporting period is 253,441[11] - The largest shareholder, Liaoning Fangda Group Industrial Co., Ltd., holds 1,524,413,321 shares, accounting for 40.05% of total shares[11] - The company has a long-term equity investment valued at ¥2,501,235,974.03 as of September 30, 2021[19] Operational Costs and Expenses - The total cost of operations for the first three quarters of 2021 was RMB 2.39 billion, up from RMB 1.96 billion in the same period of 2020, reflecting a 22% increase[23] - Research and development expenses for the third quarter of 2021 were RMB 56.8 million, slightly down from RMB 60.5 million in the same quarter of 2020[25] - The company reported a financial income of RMB 137.9 million in Q3 2021, compared to RMB 193.9 million in Q3 2020, showing a decrease of 29%[25] Investment Activities - Total cash inflow from investment activities amounted to ¥4,830,000,336.70, an increase of 50.5% from ¥3,208,108,953.34 in Q3 2020[30] - Net cash flow from investment activities was ¥1,479,767,823.86, a recovery from a negative cash flow of ¥4,100,081,703.20 in the previous year[30] - Cash received from other investment-related activities was ¥3,070,000,000.00, compared to ¥2,310,000,000.00 in Q3 2020, showing a growth of 33%[28] - The company received cash from investment returns totaling ¥133,420,413.99, which is an increase from ¥112,602,562.47 in the same period last year[30] Dividend and Capital Distribution - The company paid out ¥1,841,410,497.69 in dividends and interest, a significant increase from ¥32,516,614.88 in the previous year, reflecting a change in capital distribution strategy[30]