百达精工(603331) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥260,765,649.65, representing a year-on-year increase of 0.67%[3] - The net profit attributable to shareholders was ¥18,299,765.05, a decrease of 17.46% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥15,764,716.81, down 25.79% year-on-year[4] - Basic earnings per share for the current period were ¥0.10, a decrease of 16.67% compared to the previous year[4] - The year-to-date operating revenue increased by 36.31%, primarily due to the capacity release from convertible bond projects[8] - The year-to-date net profit attributable to shareholders increased by 69.27%, driven by the rise in operating revenue[8] - The diluted earnings per share for the year-to-date period were ¥0.10, an increase of 62.50% year-on-year[4] - Total revenue for the first three quarters of 2021 reached ¥866,006,503.70, an increase of 36.3% compared to ¥635,335,869.80 in the same period of 2020[22] - Net profit for the third quarter of 2021 was ¥71,325,977.09, representing a 69.8% increase from ¥42,040,230.44 in the same quarter of 2020[23] - The total comprehensive income attributable to the parent company for Q3 2021 was CNY 71,819,158.17, compared to CNY 42,428,259.82 in Q3 2020, representing an increase of approximately 69.3%[24] - Basic and diluted earnings per share for Q3 2021 were CNY 0.40, up from CNY 0.24 in Q3 2020, reflecting a growth of 66.7%[24] - The company achieved a total revenue of CNY 724,303,392.67 from sales of goods and services in the first three quarters of 2021, compared to CNY 420,794,178.55 in the same period of 2020, reflecting an increase of 72.0%[25] Cash Flow and Liquidity - The cash flow from operating activities for the year-to-date period was ¥10,669,311.11, showing a significant increase of 145.88%[4] - Cash inflow from operating activities for the first three quarters of 2021 was CNY 811,032,187.37, compared to CNY 440,782,856.71 in the same period of 2020, indicating an increase of 84.0%[26] - The net cash flow from operating activities for the first three quarters of 2021 was CNY 10,669,311.11, a significant improvement from a net outflow of CNY 23,255,454.54 in the same period of 2020[26] - Cash inflow from financing activities for the first three quarters of 2021 was CNY 461,845,650.02, down from CNY 645,547,046.64 in the same period of 2020, representing a decrease of 28.4%[27] - The net cash flow from financing activities for the first three quarters of 2021 was CNY 91,484,187.10, compared to CNY 294,473,552.68 in the same period of 2020, showing a decline of 68.9%[27] - The total cash and cash equivalents at the end of Q3 2021 were CNY 105,392,989.46, down from CNY 115,530,273.70 at the end of Q3 2020, a decrease of 8.8%[27] - The company reported a cash inflow of CNY 55,482,718.37 from other operating activities in Q3 2021, compared to CNY 9,053,640.39 in Q3 2020, marking an increase of 514.5%[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,035,070,645.34, reflecting a year-to-date increase of 7.80%[4] - Current liabilities totaled ¥757,470,663.34, an increase of 21.6% from ¥622,634,639.65 in the previous year[20] - The total liabilities of the company reached ¥1,085,791,432.90, an increase of 15.8% from ¥937,637,758.36 in the previous year[20] - The company's retained earnings increased to ¥368,203,978.63, up from ¥332,016,469.46, reflecting a growth of 10.9%[21] - As of September 30, 2021, cash and cash equivalents amounted to ¥133,310,699.01, down from ¥193,661,843.57 at the end of 2020[18] - Accounts receivable as of September 30, 2021, totaled ¥294,331,262.54, compared to ¥315,899,579.72 at the end of 2020[18] - The company's total assets as of the end of the third quarter of 2021 amounted to ¥2,035,070,645.34, compared to ¥1,887,905,105.25 at the end of the same period in 2020, reflecting a growth of 7.8%[21] Shareholder Information - Total number of common shareholders at the end of the reporting period is 6,652[10] - The largest shareholder, Baida Holdings Group Co., Ltd., holds 51,896,051 shares, accounting for 29.13% of total shares[10] - The company completed a share buyback of 3 million shares, representing 1.68% of total share capital[12] - The company plans to grant 3 million restricted stock options under the 2021 incentive plan, also about 1.68% of total share capital[13] - The company has established a strong relationship among major shareholders, with Baida Holdings being the controlling shareholder[10] Investment and Projects - The "Annual Production of 10 Million Energy-efficient Compressor Core Components Project" has incurred a total investment of ¥442,708,900, with ¥278,895,500 raised from convertible bonds[16] - As of September 30, 2021, the unconverted amount of convertible bonds is ¥279,949,000, representing 99.9818% of the total issuance[15] - The company recorded an investment cash outflow of CNY 224,939,717.13 in the first three quarters of 2021, down from CNY 618,319,526.32 in the same period of 2020, indicating a decrease of 63.6%[26] Research and Development - Research and development expenses for the first three quarters of 2021 were ¥26,649,675.06, a rise of 34.4% compared to ¥19,868,627.40 in the same period of 2020[22] - The company reported a gross profit margin of approximately 10.0% for the first three quarters of 2021, compared to 10.0% in the same period of 2020[22]