卧龙电驱(600580) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was CNY 3,733,479,419.87, representing a year-on-year increase of 13.28%[6] - The net profit attributable to shareholders for the same period was CNY 250,608,871.36, showing a decrease of 3.83% compared to the previous year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 203,311,014.76, an increase of 3.39% year-on-year[6] - Total operating revenue for the first three quarters of 2021 reached ¥10,477,651,183.10, an increase of 13.4% compared to ¥9,240,267,582.92 in the same period of 2020[26] - Net profit for the third quarter of 2021 was ¥719,002,202.65, compared to ¥667,940,789.06 in the previous year, reflecting a growth of 7.7%[33] - The company reported a total comprehensive income of ¥734,294,178.15 for the third quarter, compared to ¥607,247,801.33 in the same period last year, an increase of 20.9%[35] Assets and Liabilities - The total assets at the end of the reporting period reached CNY 22,350,500,509.22, reflecting a growth of 7.37% from the end of the previous year[8] - As of September 30, 2021, the company's total assets reached approximately RMB 22.35 billion, an increase from RMB 20.82 billion as of December 31, 2020, representing a growth of about 7.3%[20] - Current liabilities totaled RMB 9.91 billion, up from RMB 8.81 billion, which is an increase of around 12.5%[23] - The total liabilities increased to ¥13,648,758,647.09 from ¥12,632,051,194.71, marking a rise of 8.0%[25] - Total assets amounted to approximately $20.82 billion, with a slight decrease from $20.85 billion[48] - Total liabilities were approximately $12.63 billion, slightly down from $12.67 billion[48] Equity and Earnings - The weighted average return on equity was 3.15%, a decrease of 0.42 percentage points compared to the same period last year[6] - The total equity attributable to shareholders at the end of the reporting period was CNY 7,993,375,530.41, an increase of 4.82% from the end of the previous year[8] - The total equity attributable to shareholders rose to ¥7,993,375,530.41, up from ¥7,625,779,095.45, representing a growth of 4.8%[25] - The company reported a basic earnings per share of CNY 0.1927, a decrease of 3.51% compared to the same period last year[6] - Earnings per share (EPS) for the third quarter were ¥0.5141, an increase from ¥0.4777 year-over-year[35] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 722,840,723.96, which decreased by 6.02% year-on-year[6] - The company experienced a 38.11% decrease in net cash flow from operating activities in the current reporting period, primarily due to an increase in bill guarantees[12] - The net cash flow from operating activities for the first three quarters of 2021 was CNY 722,840,723.96, a decrease of 6.0% compared to CNY 769,158,629.11 in the same period of 2020[40] - Total cash inflow from operating activities increased to CNY 9,164,796,090.32, up 8.9% from CNY 8,417,954,607.23 in the previous year[40] - Cash outflow from operating activities rose to CNY 8,441,955,366.36, compared to CNY 7,648,795,978.12 in 2020, reflecting a 10.4% increase[40] - The ending balance of cash and cash equivalents increased to CNY 2,374,642,416.10, up from CNY 1,920,240,618.28 at the end of the previous year[40] Investments and Expenditures - The company's long-term equity investments increased to RMB 1.25 billion from RMB 1.20 billion, showing a growth of about 4.0%[23] - The company's goodwill rose to RMB 1.44 billion, compared to RMB 1.39 billion, indicating an increase of approximately 3.6%[23] - Research and development expenses for the third quarter were ¥357,288,245.93, compared to ¥271,445,091.18 in the previous year, indicating a significant increase of 31.6%[29] - Development expenditures were approximately $119.59 million[45] Other Information - The company has not disclosed any significant new product developments or market expansion strategies during the reporting period[17] - There are no notable mergers or acquisitions reported in the current financial period[17] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[28] - The company received tax refunds amounting to CNY 120,163,647.80, an increase of 42.9% from CNY 84,015,407.84 in the same period of 2020[40] - The company paid CNY 1,463,382,152.54 to employees, which is an increase from CNY 1,339,542,750.38 in the same period last year[40] - The company adopted new leasing standards effective January 1, 2021, impacting financial reporting[48]