德赛电池(000049) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 was ¥4,937,617,304.45, a decrease of 4.91% compared to the same period last year[5] - Net profit attributable to shareholders was ¥222,551,603.93, an increase of 14.34% year-on-year[5] - The net profit excluding non-recurring gains and losses was ¥213,589,681.49, up 16.00% from the previous year[5] - Basic earnings per share for the quarter were ¥0.7408, reflecting a growth of 14.36%[5] - The company's net profit attributable to shareholders reached ¥491,482,195.65, an increase of 33.41% compared to the previous year[12] - The net profit for the current period is CNY 491,708,731.74, an increase of 12.0% compared to CNY 438,935,391.07 in the previous period[32] - The total profit for the current period is CNY 586,786,758.18, up from CNY 560,226,588.41, reflecting a growth of 4.5%[32] - The company reported a net profit margin of approximately 4.5% for Q3 2021, down from 5.0% in Q3 2020[27] - The total comprehensive income attributable to the parent company is CNY 491,484,433.15, compared to CNY 366,215,734.84, reflecting a growth of 34.2%[36] Assets and Liabilities - Total assets at the end of the reporting period reached ¥10,039,054,783.11, an increase of 11.06% from the end of the previous year[5] - Total assets reached ¥10,039,054,783.11, up from ¥9,039,290,923.22, indicating a growth of 11.1%[21] - Total liabilities increased to ¥6,913,358,451.38 from ¥6,216,959,032.60, reflecting an increase of 11.2%[25] - The company's total liabilities rose from ¥6,216,959,032.60 to ¥6,236,555,565.12, an increase of ¥19,596,532.52[51] - The company's equity attributable to shareholders was ¥3,125,696,331.73, up 10.46% year-on-year[5] - The company's total equity attributable to shareholders increased by 44.99% to ¥300,407,720.00, reflecting the completion of a share distribution plan[12] - The company's equity attributable to shareholders increased to ¥3,125,696,331.73 from ¥2,829,601,782.96, a growth of 10.5%[25] - The company's total current assets remained stable at ¥7,170,630,386.67, indicating no significant changes in liquidity[47] Cash Flow - Cash flow from operating activities showed a net outflow of ¥16,612,650.16, a decline of 101.89% compared to the previous year[5] - The net cash flow from operating activities decreased by 101.89% to -¥16,612,650.16, mainly due to a decline in cash received from sales[12] - The company reported a net cash outflow from operating activities of CNY -16,612,650.16, compared to a net inflow of CNY 880,275,182.32 in the previous period[40] - Cash inflow from operating activities totaled CNY 13,758,732,476.75, slightly up from CNY 13,624,499,471.30[40] - The total cash and cash equivalents at the end of the period decreased to ¥346,353,296.93 from ¥393,832,345.45 in the previous period, reflecting a net decrease of ¥130,668,272.20[43] Borrowings and Financing - Short-term borrowings rose by 124.42% to ¥1,179,343,748.97, primarily for temporary liquidity support[9] - Long-term borrowings increased by 312.68% to ¥675,859,188.04, primarily to support long-term asset investments[12] - Long-term borrowings rose to ¥675,859,188.04 from ¥163,773,566.24, a substantial increase of 313.5%[25] - The company reported a net cash flow from financing activities of ¥496,889,019.03, a significant improvement compared to the previous period's negative cash flow of ¥467,071,947.60[43] - The cash outflow related to financing activities totaled ¥1,612,756,921.06, slightly up from ¥1,602,992,169.09 in the previous period[43] Inventory and Costs - Inventory increased by 54.39% to ¥2,623,516,510.25, indicating a significant rise in stock levels[9] - Total operating costs for Q3 2021 were ¥12,057,336,302.77, down from ¥12,216,920,787.58 in the same period last year[29] - Cash and cash equivalents decreased to ¥407,738,486.31 from ¥551,703,695.74 year-over-year, representing a decline of 26.0%[21] - Accounts receivable decreased to ¥4,385,925,194.04 from ¥4,643,767,736.17, a reduction of 5.56%[21] - Research and development expenses increased to CNY 272,198,769.60 from CNY 255,445,234.90, marking a rise of 6.6%[32] Government Support and Other Income - The company received government subsidies amounting to ¥11,169,163.50 during the quarter, contributing positively to its financial performance[8] - Deferred income increased by 44.45% to ¥19,988,660.45, attributed to an increase in government grants related to assets[12] - The company reported a significant decrease in investment income, down 87.87% to ¥1,794,757.57, mainly due to reduced bank wealth management investments[12] - The company recognized a right-of-use asset of ¥19,596,532.52 and a lease liability of ¥14,135,802.25 due to the adoption of the new leasing standard[54] Taxation - The company experienced a 47.26% increase in taxes and surcharges, totaling ¥43,065,650.66, primarily due to an increase in additional taxes[12] - The company’s tax expenses decreased to CNY 95,078,026.44 from CNY 121,291,197.34, a decline of 21.5%[32]