鸿远电子(603267) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 reached ¥628,929,982.37, representing a 40.49% increase compared to the same period last year[6] - Net profit attributable to shareholders for Q3 2021 was ¥202,487,623.76, a significant increase of 76.51% year-over-year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥201,493,548.27, reflecting an 85.90% increase compared to the previous year[6] - Basic earnings per share for Q3 2021 was ¥0.87, up 74.00% from the same quarter last year[9] - Total operating revenue for the first three quarters of 2021 reached ¥1,879,913,040.56, a significant increase of 64.8% compared to ¥1,140,516,296.96 in the same period of 2020[35] - Operating profit for the first three quarters of 2021 was ¥771,183,577.51, up from ¥381,700,915.11 in 2020, reflecting a growth of 102.1%[38] - Net profit attributable to shareholders of the parent company for the first three quarters of 2021 was ¥656,880,926.93, compared to ¥320,098,485.59 in 2020, representing an increase of 105.5%[39] - The total comprehensive income for the first three quarters of 2021 was ¥657,416,337.79, compared to ¥319,979,102.32 in 2020, an increase of 105.8%[39] - Basic earnings per share for the first three quarters of 2021 were ¥2.84, up from ¥1.38 in 2020, indicating a growth of 106.5%[39] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥4,010,438,573.35, a 27.07% increase from the end of the previous year[9] - As of September 30, 2021, the company's total assets amounted to RMB 4,010,438,573.35, an increase from RMB 3,156,091,286.66 at the end of 2020[25] - The total liabilities as of September 30, 2021, were RMB 3,370,058,419.95, compared to RMB 2,693,690,495.70 at the end of 2020[25] - The company reported a total liability of ¥878,406,493.91, up from ¥568,393,264.03, indicating a growth of 54.5%[31] - Total equity attributable to shareholders of the parent company increased to ¥3,132,032,079.44 from ¥2,587,698,022.63, marking a rise of 21.1%[31] Cash Flow - The company reported a net cash flow from operating activities of -¥53,974,983.37 year-to-date, indicating a need for improvement in cash management[6] - The company’s cash flow from operating activities for the first three quarters of 2021 showed a positive trend, indicating improved liquidity[42] - Cash inflow from operating activities for the first three quarters of 2021 reached approximately CNY 1.34 billion, a significant increase from CNY 778.42 million in the same period of 2020, representing a growth of about 72.5%[43] - The net cash flow from operating activities was negative CNY 53.97 million, an improvement compared to negative CNY 97.06 million in the first three quarters of 2020[43] - Total cash outflow from operating activities was CNY 1.40 billion, compared to CNY 875.48 million in the first three quarters of 2020, indicating an increase of about 59.7%[43] Investments and Financing - Cash inflow from investment activities totaled CNY 194.20 million, down from CNY 1.51 billion in the previous year, indicating a decline of approximately 87.1%[45] - The net cash flow from investment activities was negative CNY 194.88 million, contrasting with a positive CNY 351.40 million in the same period of 2020[45] - Cash inflow from financing activities amounted to CNY 330.26 million, compared to CNY 100.00 million in the previous year, showing a significant increase of 230.3%[45] - The net cash flow from financing activities was positive CNY 50.92 million, compared to CNY 1.87 million in the same period of 2020[45] Research and Development - Research and development expenses for the first three quarters of 2021 were ¥43,218,280.59, compared to ¥25,666,057.76 in 2020, reflecting a growth of 68.2%[35] Future Plans - The growth in revenue was primarily driven by strong demand in the military industry and expansion in core customer collaborations[13] - The company plans to continue leveraging the high demand in the military sector and the growth in new energy industries for future expansion[13] - The company plans to expand its market presence and invest in new technologies to drive future growth[42] Share Repurchase - The company repurchased a total of 335,066 A shares, representing 0.14% of the total share capital, with a total expenditure of RMB 38,255,000[21] - The highest repurchase price during the buyback was RMB 115.00 per share, while the lowest was RMB 112.82 per share[21] - The company plans to repurchase shares with a total fund of no less than RMB 30 million and no more than RMB 60 million within a six-month period[20]