联创电子(002036) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 was ¥2,310,234,716.45, a decrease of 26.65% compared to the same period last year[2]. - Net profit attributable to shareholders was ¥90,839,597.89, down 25.89% year-on-year[2]. - The net profit after deducting non-recurring gains and losses was ¥62,860,133.78, a decrease of 22.50% compared to the previous year[2]. - The total operating revenue for the third quarter of 2021 was CNY 7,120,835,737.78, an increase of 25.8% compared to CNY 5,656,229,271.61 in the same period last year[18]. - The net profit for the third quarter was CNY 177,603,376.31, a decrease of 8.2% compared to CNY 193,613,522.05 in the previous year[19]. - The company's total comprehensive income for the quarter was CNY 190,369,478.00, compared to CNY 184,553,322.30 in the previous year[20]. Assets and Liabilities - The total assets at the end of the reporting period were ¥12,416,958,547.13, reflecting a slight increase of 0.50% from the end of the previous year[2]. - Total current assets as of September 30, 2021, amounted to CNY 6,783,243,758.49, a decrease from CNY 7,535,646,632.72 at the end of 2020, representing a decline of approximately 10%[15]. - Total liabilities as of September 30, 2021, were CNY 6,234,658,355.30, down from CNY 6,446,649,925.21, a decrease of approximately 3.3%[16]. - The company's total liabilities were CNY 8,166,412,397.57, slightly down from CNY 8,191,419,790.96 year-on-year[19]. Equity and Earnings - The company’s basic earnings per share decreased by 34.27% to ¥0.0867[2]. - The company’s total equity attributable to shareholders increased by 8.47% to ¥3,916,546,423.60 compared to the end of the previous year[2]. - The total equity attributable to shareholders of the parent company increased to CNY 3,916,546,423.60 from CNY 3,610,842,575.97, reflecting a growth of 8.5%[19]. Cash Flow - The company's cash flow from operating activities showed a net increase of ¥1,495,583.85, up 107.38% year-on-year[5]. - Operating cash inflow for Q3 2021 was approximately CNY 7.80 billion, an increase from CNY 5.02 billion in Q3 2020, representing a growth of 55.5%[22]. - Net cash flow from operating activities was CNY 1.50 million, a significant recovery from a negative cash flow of CNY 20.27 million in the same period last year[22]. - Cash outflow from investment activities totaled CNY 856.35 million, compared to CNY 632.92 million in Q3 2020, indicating an increase of 35.4%[23]. - Net cash flow from financing activities was CNY 66.85 million, a decrease from CNY 699.64 million in Q3 2020, reflecting a decline of 90.4%[23]. Operational Metrics - The core optical business saw a revenue increase of 59.82% year-on-year, with automotive lens and module revenue growing by 453.38%[5]. - The company reported a significant increase in development expenditures, rising by 493.46% year-on-year, attributed to new project investments[5]. - Research and development expenses for the quarter were CNY 157,427,780.85, an increase of 17.3% compared to CNY 134,226,005.41 in the same period last year[19]. - The company has a total of 56,462 common shareholders at the end of the reporting period[11]. Changes in Assets - Cash and cash equivalents decreased to CNY 1,507,702,454.08 from CNY 2,224,642,662.63, reflecting a decline of about 32.3%[15]. - Accounts receivable increased to CNY 2,227,009,541.22 from CNY 1,987,625,541.74, indicating an increase of approximately 12.1%[15]. - Inventory decreased to CNY 2,167,207,012.22 from CNY 2,621,493,171.79, showing a reduction of about 17.3%[15]. - Short-term borrowings decreased to CNY 2,820,028,513.67 from CNY 3,887,405,875.00, reflecting a decline of about 27.4%[16]. - Long-term borrowings decreased to CNY 263,000,000.00 from CNY 398,466,066.57, indicating a reduction of approximately 34.1%[16]. Other Financial Activities - The company disposed of subsidiaries and other business units, generating cash inflow of CNY 330 million, which was not reported in the previous year[22]. - The company did not require adjustments to the initial balance sheet items under the new leasing standards, indicating no significant impact on financial reporting[24].