渤海汽车(600960) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥960,903,460.86, a decrease of 20.36% compared to the same period last year[5]. - The net profit attributable to shareholders was -¥42,531,035.67, representing a decline of 268.08% year-on-year[5]. - The basic earnings per share for the current period was -¥0.0447, down 268.05% from the previous year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥48,052,571.43, a decline of 977.24% year-on-year[5]. - The net profit attributable to the parent company for Q3 2021 was -¥28,167,768.98, compared to a profit of ¥4,554,370.97 in Q3 2020[25]. - The company reported a net loss of -¥23,478,634.13 for Q3 2021, an improvement from a loss of -¥27,169,907.63 in Q3 2020[25]. - Other comprehensive income after tax for Q3 2021 was ¥574,272,624.01, significantly higher than ¥9,183,846.63 in Q3 2020[25]. - The company reported an operating profit of -¥14,997,559.28 for Q3 2021, an improvement from -¥16,331,626.54 in Q3 2020[24]. Assets and Liabilities - The total assets at the end of the reporting period were ¥9,279,412,341.57, an increase of 0.88% compared to the end of the previous year[6]. - As of September 30, 2021, the total current assets amounted to RMB 4,133,084,522.67, a decrease from RMB 5,014,138,043.99 at the end of 2020, reflecting a decline of approximately 17.5%[19]. - The cash and cash equivalents decreased to RMB 1,305,631,426.78 from RMB 2,208,539,029.74, representing a decline of about 41.0%[19]. - Accounts receivable increased to RMB 855,273,764.71 from RMB 807,440,843.18, showing an increase of approximately 5.9%[19]. - Inventory rose to RMB 1,018,891,159.76 from RMB 941,510,952.14, indicating an increase of around 8.2%[19]. - The long-term equity investments slightly increased to RMB 473,937,135.77 from RMB 464,228,847.78, reflecting a growth of about 2.0%[19]. - The total non-current assets were reported at RMB 4,052,174,675.62 as of September 30, 2021, compared to RMB 3,823,626,467.26 at the end of 2020, marking an increase of approximately 6.0%[19]. - Total liabilities decreased to ¥3,473,699,698.05 in Q3 2021 from ¥3,934,526,536.38 in Q3 2020, a reduction of approximately 11.69%[21]. - The company’s total equity increased to ¥5,805,712,643.52 in Q3 2021, compared to ¥5,263,973,898.08 in Q3 2020, reflecting a growth of 10.30%[21]. Cash Flow - The company reported a cash flow from operating activities of ¥47,811,759.12 for the year-to-date[6]. - Cash inflow from operating activities for the first three quarters of 2021 was 3,449,902,267.13 CNY, an increase of 11% from 3,107,991,880.76 CNY in the same period of 2020[26]. - Net cash flow from operating activities for the first three quarters of 2021 was 47,811,759.12 CNY, slightly up from 47,566,819.35 CNY in 2020[26]. - Cash outflow from investing activities for Q3 2021 totaled 275,005,957.91 CNY, compared to 207,663,086.10 CNY in Q3 2020[27]. - Net cash flow from investing activities for Q3 2021 was -176,734,036.51 CNY, a slight improvement from -177,606,016.23 CNY in Q3 2020[27]. - Cash inflow from financing activities for Q3 2021 was 726,559,332.10 CNY, up from 510,829,593.04 CNY in Q3 2020[27]. - Net cash flow from financing activities for Q3 2021 was -723,636,540.91 CNY, compared to a positive 24,142,262.44 CNY in Q3 2020[27]. - The ending cash and cash equivalents balance as of Q3 2021 was 1,200,034,197.26 CNY, down from 1,653,662,401.55 CNY at the end of Q3 2020[27]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 43,834[12]. - Shareholders' equity totaled $5.26 billion, including $1.02 billion in undistributed profits[32]. - The capital reserve is recorded at $2.66 billion, contributing to the overall equity[32]. Legal Matters - The company faced a legal dispute regarding a debt purchase of RMB 16.7 million, which was later claimed to be approximately RMB 20.25 million in principal and interest[15]. - The company received a court ruling in October 2021, dismissing a lawsuit against it related to the aforementioned debt dispute[15]. - The company’s subsidiary, Bohai Microfinance, provided a loan of RMB 70 million to a client, with ongoing legal proceedings regarding repayment[16]. - The company’s subsidiary, Tai'an Qicheng, was involved in a civil lawsuit with claims amounting to approximately RMB 3.05 million, which was dismissed by the court in October 2021[17]. Research and Development - Research and development expenses for Q3 2021 amounted to ¥94,377,470.63, compared to ¥89,821,129.39 in Q3 2020, indicating a year-on-year increase of 5.15%[24].