英利汽车(601279) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥1,037,163,470, a decrease of 17.56% compared to the same period last year[7]. - Net profit attributable to shareholders for Q3 2021 was ¥26,532,471, down 57.90% year-on-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥23,259,231, reflecting a decrease of 58.08% compared to the previous year[7]. - Basic earnings per share for Q3 2021 were ¥0.02, down 60.00% year-on-year[10]. - Total operating revenue for the first three quarters of 2021 was CNY 3,281,712,502, slightly down from CNY 3,289,441,472 in the same period of 2020, representing a decrease of approximately 0.2%[29]. - The company reported a net profit of CNY 1,282,739,016 for the first three quarters of 2021, compared to CNY 1,209,143,793 in the same period of 2020, an increase of about 6.1%[29]. - Total revenue for the third quarter was 117,942,345, a decrease of 30,726,534 compared to 168,668,879 in the previous year, representing a decline of approximately 18.2%[36]. - Net profit for the quarter was 100,053,138, down from 144,982,643, reflecting a decrease of about 30.8% year-over-year[36]. - Earnings per share (EPS) for the quarter was 0.05, compared to 0.07 in the same period last year, indicating a decline of approximately 28.6%[38]. - Operating profit for the quarter was 117,589,569, down from 168,337,105, a decrease of around 30.1% year-over-year[36]. Cash Flow and Liquidity - The cash flow from operating activities for the year-to-date was ¥219,292,867, a decline of 70.57% compared to the same period last year[10]. - The net cash flow from operating activities was $219.29 million, a decrease of 70.7% compared to $745.02 million in the previous period[41]. - Cash inflow from operating activities totaled 3,415,541,626, down from 3,463,310,253, a decrease of about 1.4% year-over-year[38]. - The total cash and cash equivalents at the end of the period amounted to $634.90 million, down from $826.30 million in the previous period[41]. - The company reported a decrease in cash outflow related to operating activities, which was $3.20 billion compared to $2.72 billion in the previous period[41]. - The cash inflow from financing activities was $514.95 million, a decrease of 41.7% compared to $882.87 million in the previous period[41]. Assets and Liabilities - The total assets at the end of the reporting period were ¥6,852,096,048, a decrease of 2.43% from the end of the previous year[10]. - As of September 30, 2021, total current assets amounted to CNY 3,372,539,366, a decrease of about 7.6% compared to CNY 3,649,718,162 at the end of 2020[24]. - The company's total assets decreased to CNY 6,852,096,048 from CNY 7,022,803,647, representing a decline of approximately 2.4%[29]. - Total liabilities as of September 30, 2021, were CNY 2,840,861,726, down from CNY 3,359,043,319, a decrease of about 15.4%[29]. - The total liabilities increased to $2.60 billion, up from $2.59 billion, indicating a slight increase in financial obligations[46]. - Long-term borrowings were reduced to CNY 437,494,822 from CNY 619,763,090, indicating a decrease of about 29.3%[29]. - Total liabilities amounted to CNY 3,359,043,319, a decrease of CNY 64,961,022 compared to the previous period[49]. - Non-current liabilities totaled CNY 770,449,843, reflecting a decrease of CNY 49,543,301[49]. Research and Development - The company increased R&D expenses due to new models, products, and technologies, contributing to the decline in net profit[13]. - Research and development expenses increased to 139,277,983, up from 106,730,978, marking an increase of approximately 30.4%[36]. Challenges and Market Conditions - The company faced challenges from chip shortages and rising material costs, impacting production and revenue[13]. - Sales expenses significantly decreased to 19,111,863 from 45,258,256, a reduction of about 57.7%[36]. Equity and Retained Earnings - The total equity attributable to shareholders increased by 9.88% year-on-year, reaching ¥3,571,246,898[10]. - The company's equity attributable to shareholders increased to CNY 3,571,246,898 from CNY 3,250,219,975, reflecting an increase of approximately 9.9%[29]. - The company's retained earnings stood at CNY 1,209,143,793, consistent with prior figures[49].