大地熊(688077) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 reached ¥423,476,501.51, representing a year-on-year increase of 125.02%[5] - The net profit attributable to shareholders for Q3 2021 was ¥38,469,783.36, a significant increase of 269.30% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was ¥34,079,201.67, up 289.32% year-on-year[5] - Total operating revenue for the first three quarters of 2021 reached ¥1,146,834,401.96, a significant increase from ¥515,704,608.61 in the same period of 2020, representing a growth of approximately 121.5%[24] - Operating profit for the first three quarters of 2021 was ¥108,326,317.45, compared to ¥37,013,902.07 in the previous year, indicating an increase of about 192.5%[25] - Net profit for the first three quarters of 2021 amounted to ¥105,154,691.49, up from ¥32,364,716.95 in 2020, reflecting a growth of approximately 225.5%[25] - The total comprehensive income for the third quarter of 2021 was CNY 105,029,094.55, compared to CNY 32,392,383.91 in the same period of 2020, representing a significant increase[26] - Basic and diluted earnings per share for the third quarter were CNY 1.31, up from CNY 0.40 in the previous year, indicating strong profitability growth[26] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,909,402,823.96, reflecting a growth of 30.93% compared to the end of the previous year[6] - Total assets as of the end of Q3 2021 were ¥1,909,402,823.96, compared to ¥1,458,312,604.80 at the end of Q3 2020, marking an increase of about 30.8%[21] - Total liabilities increased to ¥875,105,624.60 in Q3 2021 from ¥545,034,965.62 in Q3 2020, representing a growth of approximately 60.5%[21] - Non-current assets totaled ¥541,053,923.42 in Q3 2021, compared to ¥426,181,430.81 in Q3 2020, indicating an increase of about 27%[21] - As of September 30, 2021, total current assets amount to CNY 1,368,348,900.54, an increase from CNY 1,032,131,173.99 at the end of 2020[19] Research and Development - The company's R&D investment for Q3 2021 amounted to ¥28,265,651.86, an increase of 276.91% year-on-year[6] - The R&D investment accounted for 6.67% of operating revenue, up 2.69 percentage points from the previous year[6] - Research and development expenses for the first three quarters of 2021 were ¥63,701,479.20, significantly higher than ¥21,865,233.51 in the same period of 2020, reflecting an increase of approximately 191.5%[24] - The company is progressing with the construction of a high-performance sintered NdFeB permanent magnet and component R&D project in Hefei, Anhui Province[15] Cash Flow - The cash flow from operating activities for the year-to-date period was negative at -¥145,645,862.73, primarily due to increased cash payments for goods and services[6] - Cash inflows from operating activities for the first three quarters of 2021 amounted to CNY 924,983,525.88, compared to CNY 562,556,808.27 in the same period of 2020, reflecting a year-over-year increase of approximately 64.4%[28] - The net cash flow from operating activities for the third quarter was negative CNY 145,645,862.73, worsening from negative CNY 14,352,212.97 in the previous year[28] - Cash inflows from investment activities totaled CNY 729,459,329.00, a significant increase from CNY 136,904.47 in the same period of 2020[28] - The net cash flow from investment activities was CNY 55,091,169.81, compared to a negative CNY 375,740,693.87 in the previous year, indicating a turnaround in investment performance[28] - Cash flow from financing activities generated a net inflow of CNY 128,673,063.27, down from CNY 418,457,486.66 in the same period of 2020, showing a decrease in financing activity[29] - The ending cash and cash equivalents balance as of the end of the third quarter was CNY 114,766,936.62, compared to CNY 63,502,391.31 at the end of the same period last year, representing a year-over-year increase of approximately 80.7%[29] Shareholder Information - The total number of common shareholders at the end of the reporting period is 7,591[13] - The largest shareholder, Xiong Yongfei, holds 30,327,000 shares, representing 37.91% of total shares, with 200,000 shares frozen[13] Investments and Projects - The company invested CNY 113.98 million in Anhui Ning Magnetic Electronics Technology Co., Ltd. for expansion[15] - The company holds a 75% stake in the newly renamed Dadi Xiong (Ningguo) Permanent Magnet Technology Co., Ltd., which began normal operations in September[16] - The company and Northern Rare Earth jointly invested CNY 90.36 million in Northern Rare Earth (Anhui) Permanent Magnet Technology Co., Ltd. for a project with an annual production capacity of 8,000 tons of high-performance alloy sheets[16] Sales Performance - The company reported a significant increase in sales revenue from CNY 873,686,578.61 in the first three quarters of 2021, compared to CNY 538,505,247.03 in the same period of 2020, marking a growth of approximately 62.1%[27] - The company did not report any net profit from subsidiaries prior to consolidation, indicating no prior earnings from merged entities[26]