艾华集团(603989) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 reached ¥866,525,508.51, representing a year-on-year increase of 29.21%[6] - The net profit attributable to shareholders for Q3 2021 was ¥124,966,103.56, reflecting a growth of 37.25% compared to the same period last year[6] - The basic earnings per share for Q3 2021 was ¥0.3128, an increase of 41.92% year-on-year[9] - The company reported a net profit attributable to shareholders for the year-to-date of ¥356,904,373.48, which is a 33.44% increase year-on-year[6] - The diluted earnings per share for Q3 2021 was ¥0.3089, up by 40.15% compared to the same period last year[9] - Total operating revenue for the first three quarters of 2021 reached ¥2,380,617,764.82, a significant increase from ¥1,748,554,402.07 in the same period of 2020, representing a growth of approximately 36.2%[35] - The net profit for the third quarter of 2021 was CNY 359,759,668.66, an increase of 33.5% compared to CNY 269,350,226.50 in the same period of 2020[40] - The operating profit reached CNY 418,548,445.44, up from CNY 311,090,854.60, reflecting a growth of 34.5% year-over-year[40] - The total revenue from operating activities was CNY 1,652,396,840.94, compared to CNY 1,310,156,690.34 in the previous year, marking an increase of 26.1%[43] - Basic earnings per share increased to CNY 0.8963 from CNY 0.6726, representing a growth of 33.4%[40] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥4,910,035,839.76, marking a 12.90% increase from the end of the previous year[9] - The company's total assets increased to ¥4,910,035,839.76 in Q3 2021, compared to ¥4,349,108,301.34 in Q3 2020, marking a growth of about 12.9%[33] - Total liabilities reached ¥1,921,331,534.89 in Q3 2021, up from ¥1,652,215,644.34 in Q3 2020, which is an increase of approximately 16.3%[33] - The cash and cash equivalents at the end of the period amounted to 236,707,492.56 RMB, down from 246,893,213.94 RMB, reflecting a net decrease of 112,492,384.77 RMB[45] - Total current assets were reported at 3,148,981,171.17 RMB, remaining unchanged from the previous period[45] - Non-current assets totaled 1,200,127,130.17 RMB, with a slight increase to 1,229,114,860.82 RMB due to new lease accounting adjustments[47] - Total liabilities amounted to 1,652,215,644.34 RMB, slightly increasing to 1,681,203,374.99 RMB, primarily driven by changes in non-current liabilities[49] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥322,366,650.52, showing a growth of 15.16%[9] - Cash flow from operating activities generated a net amount of CNY 322,366,650.52, compared to CNY 279,922,449.05 in the same quarter last year, indicating a rise of 15.1%[43] - The cash inflow from investment activities was CNY 787,597,522.30, while cash outflow was CNY 1,090,594,648.52, resulting in a net cash flow of -CNY 302,997,126.22 for investment activities[43] - The net cash flow from financing activities was -130,585,002.94 RMB, compared to -130,222,133.40 RMB in the previous period, indicating a slight decrease in financing activities[45] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,681[15] - The first major shareholder, Hunan Aihua Holdings Co., Ltd., holds 47.68% of the shares, with 14.5 million shares pledged[20] Investments and Projects - The company completed the "Horn-type aluminum electrolytic capacitor expansion project" with a total investment of CNY 88.07 million, and the remaining funds were CNY 0.14 million[21] - The "Layered sheet solid aluminum electrolytic capacitor production project" has a planned investment of CNY 108 million, with only CNY 0.31 million invested so far, leaving CNY 115.83 million remaining[21] - The subsidiary Mianyang Zijiang Electronics has a total investment of approximately CNY 150 million for its relocation and expansion project, with CNY 38.73 million invested to date[22] - The "Rongze aluminum foil third phase 20 lines of chemical foil project" was fully put into production with an actual investment of CNY 155 million[24] Operational Insights - The company attributed the revenue growth to increased orders from downstream industrial clients and successful market expansion efforts[14] - The company plans to expand its market presence and invest in new technologies, although detailed strategies were not specified in the report[35] - The company has seen an increase in accounts payable, which rose to ¥486,070,600.46 in Q3 2021 from ¥391,545,172.14 in Q3 2020, reflecting a growth of approximately 24.1%[33] - The company reported a significant increase in cash received from sales of goods and services, totaling CNY 1,620,667,885.27, compared to CNY 1,242,211,676.37 in the same period last year, an increase of 30.4%[43] Research and Development - Research and development expenses amounted to ¥134,712,146.26 in the first three quarters of 2021, up from ¥116,316,386.32 in the previous year, reflecting a growth of approximately 15.8%[35] Accounting Changes - The company implemented new lease accounting standards starting January 1, 2021, affecting the financial statements without retroactive adjustments[52]