保变电气(600550) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥870,693,066.52, a decrease of 0.35% compared to the same period last year[7]. - The net profit attributable to shareholders for Q3 2021 was ¥6,324,295.00, down 18.41% year-on-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was ¥5,620,630.09, an increase of 454.45% compared to the same period last year[7]. - The net profit attributable to shareholders for the year-to-date decreased by 31.44% primarily due to an increase in minority shareholder losses[11]. - The net profit for the current period is CNY 19,412,926.61, an increase of 6.66% compared to CNY 16,328,041.79 in the previous period[32]. - The total profit reached CNY 22,849,808.97, up from CNY 17,757,664.44, reflecting a growth of 28.78%[32]. - The operating profit increased to CNY 22,019,837.30, compared to CNY 17,603,556.75, marking a rise of 25.00%[32]. - The basic earnings per share (EPS) is CNY 0.008, a decrease from CNY 0.01 in the previous period[34]. Assets and Liabilities - The total assets at the end of Q3 2021 were ¥5,533,936,470.75, a decrease of 1.90% from the end of the previous year[9]. - The company's total assets decreased to ¥5,533,936,470.75 from ¥5,641,030,338.45, a decline of about 1.9%[29]. - The company reported a total liability of ¥4,759,498,048.80, down from ¥4,883,773,595.35, which is a decrease of approximately 2.5%[29]. - Total liabilities were $4,883,773,595.35, slightly decreased from $4,889,547,577.84 in the previous period[45]. - The total assets of the company were $5,641,030,338.45, showing a minor decrease from $5,646,804,320.94[45]. - The company has a long-term debt of $985,000,000.00, indicating a stable debt structure[45]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥372,983,111.39[7]. - The cash flow from operating activities showed a net outflow of CNY -372,983,111.39, worsening from CNY -152,072,032.61 in the previous period[38]. - The cash inflow from operating activities totaled CNY 2,476,325,845.32, down from CNY 2,610,876,738.88[38]. - The cash outflow for operating activities was CNY 2,849,308,956.71, compared to CNY 2,762,948,771.49 in the previous period[38]. - The cash outflow for debt repayment was $1,862,000,000.00, compared to $5,892,363,138.81 in the previous period[40]. - The net cash flow from financing activities was -$219,288,683.17, compared to -$435,123,703.02 in the previous period, indicating an improvement[40]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 108,242[16]. - The largest shareholder, China Weapon Equipment Group Co., Ltd., held 44.56% of the shares[17]. - The company paid dividends totaling $67,678,507.50, down from $101,478,871.25 previously[40]. Operational Metrics - Total operating revenue for the first three quarters of 2021 reached ¥2,489,020,042.78, a slight increase from ¥2,471,429,964.61 in the same period of 2020, representing a growth of approximately 0.7%[28]. - Total operating costs for the first three quarters of 2021 were ¥2,462,856,925.35, compared to ¥2,425,393,064.76 in 2020, indicating an increase of about 1.5%[28]. - The company's cash and cash equivalents decreased to ¥578,180,426.26 as of September 30, 2021, down from ¥1,188,866,986.98 at the end of 2020, reflecting a decline of approximately 51.4%[20]. - Accounts receivable increased to ¥1,422,895,585.11 from ¥1,016,889,083.04, marking a rise of about 39.9%[20]. - Inventory levels rose significantly to ¥1,144,109,131.41, compared to ¥826,263,353.43 in the previous year, representing an increase of approximately 38.5%[24]. - Research and development expenses increased to ¥104,707,788.14 from ¥97,813,629.85, indicating a growth of about 7.7%[28].