亿晶光电(600537) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥916,091,182.72, representing a year-over-year increase of 32.95%[7] - The net profit attributable to shareholders was -¥55,672,969.18, with a year-to-date net profit of -¥199,206,399.56, reflecting a significant decline of 3,887.66% compared to the same period last year[7] - The basic and diluted earnings per share were both -¥0.05 for the quarter, with a year-to-date figure of -¥0.17[10] - The net profit for the period was -230,164,460.29 RMB, a decrease of 4476.29% compared to the previous year, primarily due to a decline in gross profit margin and gross profit amount[20] - The company reported a net loss of approximately $35.39 million in Q3 2021, compared to a profit of approximately $163.81 million in Q3 2020[34] - The net profit attributable to shareholders of the parent company was -199,206,399.56, compared to 5,259,356.41 in the same period last year, indicating a significant decline[40] - The total comprehensive income attributable to the parent company was -197,479,208.32, compared to 5,118,412.87 in the previous year[43] Cash Flow - The company reported a net cash flow from operating activities of -¥556,055,137.27 for the year-to-date period, indicating a worsening cash flow situation[10] - The net cash flow from operating activities was -556,055,137.27 RMB, a decrease of 339.38% year-on-year, mainly due to increased cash payments for goods and bank acceptance and other financing guarantees[20] - The net cash flow from financing activities increased to 660,071,838.82 RMB, compared to -352,226,519.22 RMB in the previous period, primarily due to increased cash received from investments and borrowings[20] - The cash inflow from investment activities was 199,163,890.28, while cash outflow was 713,818,514.10, resulting in a net cash flow of -514,654,623.82[47] - The company received cash from financing activities totaling 801,511,563.64, with no cash inflow reported in the same period last year[49] - The net cash flow from financing activities was 660,071,838.82 RMB, a significant improvement compared to the previous year's negative cash flow of 352,226,519.22 RMB[50] Assets and Liabilities - The total assets at the end of the reporting period were ¥7,327,421,018.91, a decrease of 2.42% from the previous year-end[10] - The total assets decreased to approximately $7.33 billion in Q3 2021 from $7.51 billion in Q3 2020, a decline of about 2.4%[34] - Total liabilities decreased to approximately $4.18 billion in Q3 2021 from $4.84 billion in Q3 2020, a reduction of about 13.6%[34] - The total equity attributable to shareholders increased to approximately $2.70 billion in Q3 2021 from $2.67 billion in Q3 2020, an increase of about 1.1%[34] - The company's current assets totaled 3,639,604,455.16 RMB, indicating a stable liquidity position[52] - The total assets of the company stood at 7,509,181,017.61 RMB, with total liabilities amounting to 4,838,042,041.22 RMB[56] Inventory and Expenses - Inventory increased by 40.77% to ¥596,785,346.56, attributed to increased stock for customer orders[14] - The company’s fixed assets decreased by 40.08% to ¥2,071,427,604.91, primarily due to disposals and reclassification under new leasing standards[14] - The company’s management expenses rose by 59.81% to ¥94,996,179.95, mainly due to increased depreciation on idle equipment[17] - The company reported a loss in investment income of ¥4,771,826.08, a decrease of 46.07% compared to the previous year, primarily due to reduced financial product returns[17] - The company reported an increase in other operating expenses to 11,126,074.91 RMB, a rise of 375.23% compared to the previous year, mainly due to increased litigation compensation[20] - Research and development expenses rose to approximately $97.14 million in Q3 2021, compared to $82.69 million in Q3 2020, reflecting an increase of about 17.4%[36] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 51,558, with the largest shareholder holding 21.65% of the shares[21] Future Strategy - The company plans to focus on market expansion and new product development as part of its future strategy[20]