中孚实业(600595) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 reached ¥3,696,007,662.15, representing a year-on-year increase of 74.90%[4] - The net profit attributable to shareholders for the same period was ¥119,470,264.29, with a year-to-date net profit of ¥504,517,934.24[4] - The company reported a 104.43% increase in operating revenue for the first nine months of 2021, driven by increased sales of electrolytic aluminum and rising aluminum prices[8] - Total operating revenue for the first three quarters of 2021 reached ¥10,661,124,177.89, a significant increase from ¥5,214,985,460.26 in the same period of 2020, representing a growth of approximately 104%[31] - Operating profit for the third quarter of 2021 was ¥1,522,206,588.50, compared to a loss of ¥288,343,991.36 in the previous year, indicating a turnaround in profitability[34] - Net profit for the third quarter of 2021 was ¥1,246,127,134.15, a substantial improvement from a net loss of ¥408,887,454.66 in the same quarter of 2020[34] - The company reported a total comprehensive income of ¥1,246,127,134.15 for the third quarter of 2021, compared to a loss of ¥408,887,454.66 in the same quarter of 2020[35] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥21,542,330,621.95, reflecting a 6.30% increase compared to the end of the previous year[6] - The company’s total assets reached ¥21,542,330,621.95, up from ¥20,266,150,475.35 year-over-year, indicating growth in asset base[27] - The total current liabilities decreased to RMB 5,686,587,998.82 from RMB 12,941,393,040.08, showing a reduction of approximately 56.0%[25] - The company’s total liabilities decreased significantly to RMB 7,371,041,281.29 from RMB 16,823,320,566.29, indicating a reduction of approximately 56.2%[25] - Total liabilities amounted to ¥9,870,050,647.65, a decrease from ¥20,378,232,772.52 year-over-year, indicating improved financial health[27] Equity and Shareholder Information - The equity attributable to shareholders increased significantly by 469.33% to ¥9,309,254,728.52 compared to the previous year-end[6] - The total equity attributable to shareholders of the parent company was ¥9,309,254,728.52, a significant increase from ¥1,635,137,797.91 in the previous year[27] - The total number of common shareholders at the end of the reporting period was 69,732[12] - The company completed a capital increase by converting capital reserves into share capital, doubling the total share capital from 1,961,224,057 shares to 3,922,448,114 shares[18] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥803,303,474.46, showing a substantial increase of 183.33%[4] - The cash inflow from operating activities for the first three quarters of 2021 was approximately ¥8.78 billion, compared to ¥5.12 billion in the same period of 2020, representing a year-over-year increase of about 71.5%[40] - The net cash flow from operating activities for the first three quarters of 2021 was approximately ¥803.30 million, up from ¥283.52 million in 2020, indicating a significant improvement[40] - The ending balance of cash and cash equivalents as of the end of the reporting period was approximately ¥543.12 million, compared to ¥90.64 million at the end of the same period in 2020, indicating a substantial increase[42] Expenses and Investments - Research and development expenses increased to ¥513,792,406.31 in the first three quarters of 2021, up from ¥234,902,136.47 in the same period of 2020, reflecting a focus on innovation[31] - The company’s financial expenses decreased significantly to ¥117,433,787.01 from ¥835,923,632.54 in the previous year, suggesting improved cost management[31] - The cash inflow from investment activities for the first three quarters of 2021 was approximately ¥85.97 million, down from ¥406.97 million in 2020, showing a decline of about 78.8%[42] - The net cash flow from investment activities for the first three quarters of 2021 was approximately -¥6.02 million, compared to -¥35.53 million in 2020, indicating a reduced loss[42] - Cash inflow from financing activities in the first three quarters of 2021 was approximately ¥380.06 million, significantly lower than ¥2.69 billion in 2020, a decrease of about 85.9%[42] - The net cash flow from financing activities for the first three quarters of 2021 was approximately -¥392.70 million, compared to -¥560.05 million in 2020, showing an improvement in cash flow[42] Inventory and Receivables - Inventory levels increased to RMB 1,823,133,268.50 from RMB 1,394,705,409.89, reflecting a rise of about 30.8%[22] - The company’s accounts receivable stood at RMB 498,856,979.11, slightly up from RMB 498,780,493.50, showing a marginal increase of approximately 0.2%[22] - The company’s total non-current assets were RMB 16,013,654,525.63, a decrease from RMB 16,319,924,795.86, reflecting a decline of about 1.9%[25] - Long-term borrowings were reported at RMB 1,684,873,282.85, down from RMB 3,881,966,101.58, indicating a decrease of about 56.6%[25] - The company’s long-term equity investments increased to RMB 438,463,294.67 from RMB 273,647,030.54, representing a growth of approximately 60.3%[22]