利元亨(688499) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥610,325,904.18, representing a year-on-year increase of 31.39%[5] - The net profit attributable to shareholders for Q3 2021 was ¥57,890,003.87, a decrease of 29.86% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for the first three quarters of 2021 was ¥151,769,139.38, an increase of 87.35% year-on-year[5] - The basic earnings per share for Q3 2021 were ¥0.66, down 47.39% from the same period last year[6] - The company's net profit for the first three quarters of 2021 was not explicitly stated, but the increase in revenue and costs suggests a significant operational scale-up[21] - The net profit for Q3 2021 was CNY 156,865,715.88, a significant increase of 71.4% compared to CNY 91,542,418.15 in Q3 2020[23] - The total revenue for the first nine months of 2021 reached CNY 1,785,589,955.30, up from CNY 643,812,202.55 in the same period of 2020, representing a growth of 177.5%[26] Assets and Liabilities - The total assets at the end of Q3 2021 reached ¥4,727,569,089.42, reflecting a 36.50% increase from the end of the previous year[6] - Total current assets increased to CNY 3,766,597,379.21 as of September 30, 2021, up from CNY 2,734,843,052.23 in the previous year, representing a growth of approximately 37.7%[19] - The total assets of the company reached CNY 4,727,569,089.42, up from CNY 3,463,441,185.91 in the previous year, representing an increase of approximately 36.5%[20] - The company's total liabilities increased to CNY 2,791,734,044.88 from CNY 2,414,695,481.61, which is an increase of about 15.6%[20] - The total current liabilities were approximately 2.35 billion, with an increase of 14.25 million compared to the previous period[31] Research and Development - Research and development expenses for Q3 2021 amounted to ¥70,676,146.59, which is 11.58% of the operating revenue, an increase of 1.38 percentage points[6] - Total R&D investment for the first nine months of 2021 amounted to 68.99 million RMB, with 49.18 million RMB spent in the third quarter alone, indicating a strong commitment to maintaining product competitiveness[11] - Research and development expenses for the first three quarters of 2021 were CNY 193,698,658.69, up from CNY 114,619,163.39 in 2020, indicating a growth of about 68.9%[21] - The company is focusing on expanding its R&D talent pool to support new product and technology development[11] Shareholder Information - The total equity attributable to shareholders at the end of Q3 2021 was ¥1,935,835,044.54, an increase of 84.59% compared to the end of the previous year[6] - The top shareholder, Huizhou Liyuanheng Investment Co., Ltd., holds 45.57% of the shares, with a total of 40,102,323 shares[12] - The company has a total of 5,513 common shareholders as of the end of the reporting period[12] - The company is actively managing its shareholder structure, with strategic placements and investments from various entities, including a significant investment from Minsheng Securities[14] Cash Flow and Dividends - The cash flow from operating activities for the first three quarters of 2021 was -¥45,462,581.14, showing an improvement compared to -¥68,065,190.47 in the same period of 2020[10] - The company distributed a total cash dividend of 28.16 million RMB (including tax) for the first half of 2021, which was approved by the board and shareholders[16] - The net cash flow from financing activities for Q3 2021 was CNY 857,276,885.53, an increase from CNY 425,596,647.19 in Q3 2020, indicating a growth of 101.5%[28] Inventory and Operational Efficiency - Inventory as of September 30, 2021, was CNY 1,441,015,484.08, compared to CNY 1,016,384,284.94 at the end of 2020, indicating a growth of about 42%[19] - The inventory level stood at approximately 1.02 billion, indicating stable inventory management[29] Market and Product Development - The company experienced a significant increase in orders due to rising downstream demand, contributing to a 71.36% year-on-year growth in net profit attributable to shareholders for the first three quarters of 2021[10] - The company has successfully validated new products such as battery manufacturing equipment and new battery testing equipment during the reporting period, leading to substantial revenue growth[10] - The company continues to focus on market expansion and technological advancements in its product offerings[33]