生益电子(688183) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥978,255,252.27, an increase of 8.16% compared to the same period last year[4]. - The net profit attributable to shareholders for Q3 2021 was ¥53,616,493.41, a decrease of 44.12% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was ¥45,839,775.09, down 51.04% from the previous year[4]. - Total operating revenue for the first three quarters of 2021 was CNY 2,667,005,927.42, a decrease of 5.1% compared to CNY 2,810,583,223.93 in the same period of 2020[38]. - Operating profit decreased significantly to CNY 163,881,083.88, down 63.5% from CNY 449,358,931.89 in the previous year[38]. - The net profit for the current period is ¥182,551,088.05, a decrease from ¥392,933,851.08 in the previous period, representing a decline of approximately 53.6%[40]. - The total comprehensive income for the current period is ¥182,384,025.58, down from ¥391,664,221.06, indicating a decrease of about 53.5%[40]. - The basic and diluted earnings per share for the current period are both ¥0.23, compared to ¥0.59 in the previous period, reflecting a decline of approximately 61.0%[40]. Research and Development - The total R&D investment for Q3 2021 was ¥47,926,195.72, representing 4.90% of operating revenue, an increase of 0.12 percentage points year-on-year[8]. - Research and development expenses rose to CNY 136,667,179.03, an increase of 4.4% compared to CNY 130,369,620.36 in the same period last year[38]. Assets and Liabilities - The total assets at the end of Q3 2021 were ¥6,283,904,865.71, an increase of 37.46% compared to the end of the previous year[8]. - The equity attributable to shareholders at the end of Q3 2021 was ¥3,822,122,197.06, up 96.84% year-on-year[8]. - Total liabilities decreased to CNY 2,461,782,668.65 from CNY 2,629,614,528.99, a reduction of 6.4%[35]. - The company's equity attributable to shareholders decreased slightly from 1,941,769,208.16 to 1,939,300,238.13, showing a reduction of 2,468,970.03[53]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥360,250,176.77, down 33.31% compared to the previous year[4]. - Cash flow from operating activities for the first three quarters of 2021 is ¥360,250,176.77, down from ¥540,171,643.46 in the same period of 2020, a decrease of about 33.4%[43]. - Cash flow from investing activities shows a net outflow of ¥638,730,665.62, an improvement from a net outflow of ¥783,563,363.72 in the previous year[44]. - Cash flow from financing activities has increased significantly to ¥1,379,204,457.66, compared to ¥163,868,078.49 in the previous period, indicating a substantial increase[44]. Market Conditions and Challenges - The company faced challenges due to macroeconomic conditions and supply shortages, leading to a decrease in demand for high-value products[11]. - The company anticipates a potential decline in operating results for the year 2021 compared to the previous year due to macroeconomic conditions[25]. Inventory and Receivables - Accounts receivable increased to RMB 991,340,908.00 from RMB 860,978,899.39 year-over-year, indicating a growth in sales or credit terms[29]. - Inventory levels rose to RMB 702,653,450.15 compared to RMB 554,949,105.56 at the end of 2020, reflecting increased production or stockpiling[29]. - The company reported a total current asset of RMB 3,129,094,983.83, up from RMB 1,757,652,640.72 in the previous year, showing strong liquidity[29]. Shareholder Information - The number of unrestricted circulating shares released from lock-up was 6,450,011 shares, effective from August 25, 2021[24]. - The company has not reported any significant changes in shareholder relationships or actions that would affect voting rights among the top shareholders[23].