和辉光电(688538) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥971,116,744.90, representing a year-on-year increase of 24.33%[4] - The net profit attributable to shareholders was -¥192,711,974.17, with a year-to-date net profit of -¥681,506,714.63[4] - The company's operating revenue for the first three quarters of 2021 reached ¥2,849,596,196.79, a significant increase from ¥1,701,916,819.51 in the same period of 2020, representing a growth of approximately 67.5%[16] - The total operating costs increased to ¥3,185,895,908.41 from ¥2,076,202,882.10, reflecting a rise of about 53.5% year-over-year[16] - The net profit for the first three quarters of 2021 was a loss of ¥681,506,714.63, compared to a loss of ¥779,587,413.08 in the same period of 2020, indicating an improvement of approximately 12.6%[19] - The company recorded a total comprehensive income of -¥681,506,714.63 for the first three quarters of 2021, compared to -¥779,587,413.08 in the same period of 2020, indicating a reduction in losses[19] Research and Development - R&D investment totaled ¥125,899,348.72 in the current period, an increase of 126.48% compared to the same period last year, accounting for 12.96% of operating revenue[5] - The company has accelerated new product development and reserves to increase market share, leading to higher R&D expenditures[8] - Research and development expenses increased to ¥107,196,786.62 from ¥87,947,224.46, marking a rise of about 21.8% year-over-year[16] Assets and Liabilities - Total assets at the end of the reporting period reached ¥32,714,148,513.64, a 32.07% increase from the end of the previous year[5] - The company's current assets totaled RMB 10,375,043,114.46, compared to RMB 2,850,765,168.92 at the end of 2020, indicating a significant increase of approximately 264.5%[13] - The company's total liabilities were RMB 15,052,162,961.92, compared to RMB 14,429,313,618.33 at the end of 2020, showing a slight increase of approximately 4.3%[15] - Long-term borrowings were reported at ¥12.09 billion, indicating a stable debt structure[25] - The company has a cash position with short-term borrowings of approximately ¥300.23 million, reflecting liquidity management[24] Cash Flow - The company reported a net cash flow from operating activities of ¥70,275,902.16 year-to-date[5] - The net cash flow from operating activities was ¥70,275,902.16, a recovery from a negative cash flow of ¥140,300,479.85 in the same period of 2020[20] - The company reported cash inflows from investment activities totaling ¥2,522,475,404.82, a significant increase from ¥364,735,272.20 in the previous year[20] - The net cash flow from financing activities was ¥7,869,561,987.98, compared to ¥1,667,062,514.38 in the same period of 2020, showing a substantial increase[22] - The company's cash and cash equivalents at the end of the period stood at ¥2,701,896,480.36, up from ¥1,324,582,085.38 at the end of the same period in 2020[22] Equity - The equity attributable to shareholders increased by 70.79% year-on-year, amounting to ¥17,661,985,551.72[5] - The equity attributable to owners of the company reached RMB 17,661,985,551.72, up from RMB 10,341,356,522.87, representing an increase of approximately 70.5%[15] - The total equity of the company stood at approximately ¥10.34 billion, indicating a solid capital base[25] Inventory and Receivables - The company's inventory stood at RMB 958,149,338.71, compared to RMB 765,770,445.29 at the end of 2020, marking an increase of about 25.2%[14] - Accounts receivable increased to RMB 523,739,270.08 from RMB 179,610,278.43, reflecting a growth of approximately 191.5%[13]