BAMC(SH:601137)2021-10-22 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥2,402,869,149.20, representing a year-over-year increase of 34.55%[4] - The net profit attributable to shareholders for Q3 2021 was ¥99,588,458.17, a decrease of 1.49% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥97,172,497.15, reflecting a slight increase of 1.18% year-over-year[4] - The basic earnings per share for Q3 2021 was ¥0.12, down 12.73% from the same period last year[4] - The diluted earnings per share for Q3 2021 was also ¥0.12, reflecting a significant decrease of 35.69% year-over-year[4] - The weighted average return on equity was 1.85%, a decrease of 0.50 percentage points compared to the previous year[4] - The company experienced a 33.75% decrease in net profit attributable to shareholders after deducting non-recurring gains and losses for the year-to-date period[9] - Net profit for the third quarter of 2021 was CNY 262,438,533.31, a decrease of 26% from CNY 352,989,301.89 in the same quarter of 2020[27] - The company reported a profit before tax of CNY 310,464,310.48 for the third quarter of 2021, down from CNY 391,342,544.94 in the same quarter of 2020[27] - The total comprehensive income for the third quarter of 2021 was approximately CNY 279.96 million, a decrease from CNY 285.65 million in the same period of 2020[28] - Basic and diluted earnings per share for the third quarter of 2021 were CNY 0.33, down from CNY 0.52 in the previous year[28] Assets and Liabilities - The total assets at the end of Q3 2021 reached ¥11,349,686,221.90, marking a 24.68% increase from the end of the previous year[6] - The company's total liabilities increased to CNY 5,931,138,973.58 in Q3 2021, compared to CNY 3,928,167,131.89 in Q3 2020, marking a 51% rise[21] - The total equity attributable to shareholders reached CNY 5,418,547,248.32, up from CNY 5,174,563,933.94 in the previous year, indicating a growth of 5%[21] - Current assets amounted to CNY 5.93 billion, up from CNY 4.34 billion year-over-year, indicating a growth of about 36.3%[18] - Inventory increased significantly to CNY 3.07 billion, compared to CNY 1.99 billion in the previous year, representing a rise of approximately 54.4%[18] - Short-term borrowings rose to CNY 2.97 billion, compared to CNY 1.79 billion at the end of 2020, marking an increase of about 65.9%[20] - Accounts receivable increased to CNY 1.38 billion from CNY 963.5 million, reflecting a growth of approximately 42.8%[18] - Non-current assets totaled CNY 5.42 billion, up from CNY 4.76 billion, showing an increase of approximately 13.8%[20] Cash Flow - Cash inflow from operating activities for the first three quarters of 2021 was CNY 8.00 billion, compared to CNY 6.13 billion in the same period of 2020, representing an increase of approximately 30.5%[32] - The net cash outflow from operating activities was CNY -653.17 million for the third quarter of 2021, worsening from CNY -232.64 million in the same quarter of 2020[32] - Cash inflow from financing activities was CNY 3.92 billion in the third quarter of 2021, a decrease from CNY 4.49 billion in the same period of 2020[32] - The net cash flow from financing activities increased to CNY 1.35 billion in the third quarter of 2021, compared to CNY 927.67 million in the previous year[32] - The cash and cash equivalents at the end of the third quarter of 2021 were CNY 577.08 million, up from CNY 488.89 million at the end of the same quarter in 2020[32] - The company reported a significant increase in cash received from sales, totaling CNY 7.73 billion for the first three quarters of 2021, compared to CNY 5.88 billion in the same period of 2020[32] - The total cash outflow from investing activities was CNY 732.26 million in the third quarter of 2021, compared to CNY 831.24 million in the same period of 2020[32] Shareholder Information - The company repurchased 1,334,000 shares, representing 0.17% of total shares outstanding[14] - The top shareholder, Bowei Group Co., Ltd., holds 29.41% of the shares, while the second-largest shareholder, Bowei Asia Pacific Co., Ltd., holds 10.13%[12] Research and Development - Research and development expenses for the first three quarters of 2021 amounted to CNY 213,742,294.02, compared to CNY 139,718,540.34 in 2020, representing a 53% increase[23] - The company has ongoing investments in new technologies and market expansion strategies, although specific figures were not disclosed in the report[19] Operating Costs - Total operating revenue for the first three quarters of 2021 reached CNY 7,374,907,381.21, an increase of 31% compared to CNY 5,631,708,330.53 in the same period of 2020[21] - Total operating costs for the first three quarters of 2021 were CNY 7,097,858,631.52, up from CNY 5,257,270,144.53 in 2020, reflecting a 35% increase[23] Deferred Income Tax - The deferred income tax liabilities were CNY 4,845,349.60 in Q3 2021, slightly down from CNY 4,927,941.03 in Q3 2020[21] New Business Segments - The new materials segment achieved a net profit of ¥120,942,300 in Q3 2021, while the new energy business reported a loss of ¥21,353,900 due to external factors[7]