赛轮轮胎(601058) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥4,592,936,520.13, representing a year-on-year increase of 5.21%[4] - The net profit attributable to shareholders for Q3 2021 was ¥298,765,005.12, a decrease of 44.49% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥271,104,680.17, down 47.99% year-on-year[4] - The basic earnings per share for Q3 2021 was ¥0.10, a decrease of 52.38% compared to the same period last year[5] - The diluted earnings per share for Q3 2021 was ¥0.09, down 57.14% year-on-year[5] - Total operating revenue for the first three quarters of 2021 reached ¥13,244,941,871.59, a 18.66% increase from ¥11,163,182,779.90 in the same period of 2020[18] - Net profit for the first three quarters of 2021 was ¥1,016,410,214.08, a decrease of 14.33% compared to ¥1,186,778,333.17 in 2020[20] - The company reported a total profit of ¥1,067,282,595.31 for the first three quarters, down from ¥1,309,963,116.61 in 2020[20] - Basic earnings per share decreased to ¥0.35 from ¥0.46 in the same period last year[22] Cash Flow and Investments - The net cash flow from operating activities for the year-to-date period was ¥530,498,703.26, a decrease of 78.30% compared to the same period last year[5] - Cash flow from operating activities generated ¥530,498,703.26, a significant decline from ¥2,445,023,775.21 in the same period last year[24] - The company recorded a net cash inflow from investment activities of ¥270,000,000.00, compared to ¥97,000,000.00 in the previous year[24] - The net cash flow from investing activities was -1,340,288,188.16 CNY, compared to -1,080,725,515.63 CNY in the previous year, indicating an increase in cash outflow for investments[26] - The total cash inflow from financing activities reached 7,688,993,150.44 CNY, up from 6,032,504,857.66 CNY year-over-year, reflecting a significant increase in financing[26] - The net cash flow from financing activities was 1,642,341,787.47 CNY, a turnaround from -730,317,004.22 CNY in the previous year, showing improved financial health[26] Assets and Liabilities - Total assets at the end of Q3 2021 were ¥24,853,150,314.59, an increase of 18.03% compared to the end of the previous year[5] - The company's cash and cash equivalents amounted to RMB 4,994,834,833.55, up from RMB 4,369,426,920.94, indicating an increase of about 14.3% year-over-year[15] - Accounts receivable increased to RMB 2,398,196,005.15 from RMB 1,889,139,738.35, reflecting a growth of approximately 27%[15] - Inventory levels rose to RMB 3,532,239,846.31, compared to RMB 2,656,272,064.12, marking an increase of around 33%[15] - Total liabilities amounted to RMB 14,164,335,433.59, up from RMB 12,246,028,752.93, which is an increase of about 15.6%[16] - The company's equity attributable to shareholders reached RMB 10,293,176,365.31, compared to RMB 8,461,947,838.09, representing a growth of approximately 21.7%[17] - Long-term borrowings increased significantly to RMB 3,091,632,029.70 from RMB 1,202,759,580.47, indicating a growth of about 157%[16] - The company reported a decrease in short-term borrowings, which stood at RMB 3,407,368,256.24, compared to RMB 2,814,908,153.34, reflecting an increase of approximately 21%[16] - The total current assets increased to RMB 12,082,009,193.47 from RMB 10,305,991,626.39, showing a growth of around 17.3%[15] Non-Recurring Gains and Other Income - The company reported non-recurring gains of ¥27,660,324.95 for Q3 2021, with government subsidies contributing ¥7,877,415.30[6] - Other comprehensive income after tax for the first three quarters was ¥2,404,358.81, a recovery from a loss of ¥100,343,858.51 in the same period last year[22] - The company’s retained earnings rose to RMB 4,542,986,865.68 from RMB 4,000,291,578.48, marking an increase of approximately 13.6%[17] Accounting Changes - The company adopted the new leasing standards effective January 1, 2021, impacting financial reporting[32] - The cumulative impact of the new leasing standards was adjusted in retained earnings as of January 1, 2021[32] - The company chose not to reassess existing contracts for leasing classification under the new standards[32]