长阳科技(688299) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was CNY 354,287,057.05, representing a year-on-year increase of 10.72%[5] - The net profit attributable to shareholders for Q3 2021 was CNY 54,406,556.30, a decrease of 6.40% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 51,394,211.39, an increase of 11.53% year-on-year[5] - Total operating revenue for the first three quarters of 2021 reached ¥952,883,719.46, an increase of 29.5% compared to ¥735,983,432.65 in the same period of 2020[24] - Net profit for the third quarter of 2021 was ¥146,088,438.36, representing a 8.5% increase from ¥135,163,589.84 in the same quarter of 2020[25] - The total comprehensive income for the third quarter of 2021 was CNY 146,100,758.92, an increase from CNY 135,180,926.76 in the same period of 2020, representing a growth of approximately 13.5%[26] Research and Development - Research and development expenses totaled CNY 23,209,101.87 for the quarter, up 53.03% year-on-year, and accounted for 6.55% of operating revenue[6][12] - Research and development expenses for the first three quarters of 2021 were ¥67,222,223.75, which is a significant increase from ¥34,484,907.35 in the same period of 2020, reflecting a growth of 94.8%[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,390,978,821.59, reflecting a 9.59% increase from the end of the previous year[6] - The company's total assets as of the end of the third quarter of 2021 amounted to ¥2,390,978,821.59, compared to ¥2,181,807,536.73 at the end of the previous year, reflecting a growth of 9.6%[21] - Total liabilities increased to ¥491,029,486.60 in the third quarter of 2021, up from ¥432,109,699.82 in the same period last year, marking a rise of 13.6%[21] Cash Flow - The total net cash flow from operating activities for the year-to-date was CNY 135,757,338.02, showing a decrease of 9.72%[6] - Cash inflow from operating activities for the first three quarters of 2021 was CNY 870,326,976.86, up from CNY 596,924,166.69 in the same period of 2020, indicating a growth of approximately 45.6%[30] - The net cash flow from operating activities for the first three quarters of 2021 was CNY 135,757,338.02, a decrease from CNY 150,377,090.53 in the same period of 2020, showing a decline of about 9.5%[30] - The net cash flow from financing activities for the first three quarters of 2021 was -CNY 49,071,146.96, compared to -CNY 138,709,989.11 in the same period of 2020, indicating an improvement in cash flow[31] Shareholder Information - The company has a total of 9,891 shareholders as of the report date, with the largest shareholder holding 16.06% of the shares[14] - The top ten shareholders collectively hold a significant portion of the company's equity, with the largest non-restricted shareholder holding 14,128,500 shares[15] - The company has not reported any related party transactions or agreements among its top shareholders[15] Investments - The company plans to invest ¥1,224.48 million in a project to produce 80,000 tons of optical-grade polyester film, aimed at applications such as polarizer release films and protective films[17] - Additionally, the company intends to invest ¥591.36 million in a project to produce 560 million square meters of lithium-ion battery separators[17] Other Financial Metrics - The weighted average return on equity was 2.91%, a decrease of 0.56 percentage points compared to the same period last year[6] - The basic earnings per share for Q3 2021 were CNY 0.19, down 9.52% year-on-year[6] - Basic earnings per share for the third quarter of 2021 were CNY 0.52, compared to CNY 0.48 in the same quarter of 2020, reflecting an increase of 8.33%[26] - The company reported a financial expense of -¥1,114,579.12, a decrease from ¥8,479,796.45 in the previous year, indicating improved financial management[24]