利欧股份(002131) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥5,289,611,642.93, representing a 60.41% increase year-over-year[5] - The net profit attributable to shareholders was -¥1,022,734,011.85, a decrease of 136.20% compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses was ¥40,543,964.54, down 60.35% year-over-year[5] - The company's operating revenue for the first nine months of 2021 was ¥14,448,220,648.75, representing a 35.61% increase compared to ¥10,653,939,857.42 in the same period of 2020[12] - The net profit attributable to shareholders of the listed company was -¥88,570,620.55, a decrease of 102.87% from ¥3,086,781,880.22 in the previous year[12] - The company reported a total profit of -¥150,377,246.65, compared to ¥4,048,264,611.11 in the previous period, highlighting a substantial loss[30] - The total comprehensive income for the period was -¥97,153,058.05, down from ¥3,085,761,045.74 in the previous period[33] - The basic earnings per share were -¥0.1514, a decrease of 136.19% compared to the same period last year[5] - The basic and diluted earnings per share were both -¥0.0131, down from ¥0.4583 in the previous period[33] Assets and Liabilities - The total assets at the end of Q3 2021 were ¥20,035,951,994.39, an increase of 4.04% from the end of the previous year[7] - Current assets totaled ¥8,429,537,232.86, compared to ¥7,547,798,678.42 at the end of 2020, representing an increase of 11.7%[22] - Total assets reached ¥20,035,951,994.39, an increase from ¥19,257,875,021.33, reflecting a growth of 4.0%[25] - Total liabilities increased to ¥7,215,796,330.38 from ¥6,244,609,132.17, representing a rise of 15.6%[25] - The company's equity attributable to shareholders decreased to ¥12,750,698,503.39 from ¥12,977,251,808.04, a decline of 1.7%[25] - The total liabilities increased from $6.24 billion to $6.60 billion, indicating a rise of about 5.73%[47] Cash Flow - Cash flow from operating activities was -¥365,910,487.05, a decline of 210.70% year-over-year[5] - The cash flow from operating activities showed a net outflow of -¥365,910,487.05, a decline of 210.70% compared to a positive cash flow of ¥330,542,133.85 in the same period last year[12] - Operating cash flow for the period was -¥365,910,487.05, a decrease from ¥330,542,133.85 in the previous period[36] - The company received cash inflows from investment activities totaling ¥1,364,537,549.78, compared to ¥290,315,831.72 in the previous period, indicating improved cash generation from investments[36] - The net cash flow from investing activities was -$64.92 million, compared to -$664.18 million in the previous period[40] - The net cash flow from financing activities was $851.72 million, a significant improvement from -$441.38 million in the previous period[40] - The cash and cash equivalents at the end of the period increased to $1.06 billion, compared to $914.79 million at the end of the previous period[40] Operational Costs and Expenses - The operating costs increased by 38.57% to ¥13,474,636,531.08 from ¥9,723,776,831.28, primarily due to the rise in orders and corresponding costs[12] - The company reported a significant increase in financial expenses by 370.54%, amounting to ¥55,170,387.71, mainly due to increased borrowing interest and foreign exchange losses[12] - The company's total operating expenses increased, with sales expenses rising to ¥330,407,638.85 from ¥227,160,163.97, reflecting higher operational costs[30] - Research and development expenses amounted to ¥105,681,089.26, up from ¥84,068,612.06 in the previous period, reflecting increased investment in innovation[30] Inventory and Receivables - Inventory increased by 53.87% to ¥729,646,534.29, driven by enhanced market expansion efforts and increased orders[9] - Accounts receivable decreased slightly to ¥4,926,023,047.38 from ¥5,060,032,848.99, a decline of 2.6%[22] - The company’s credit impairment losses increased by 52.87% to -¥31,789,412.85, due to a rise in accounts receivable and corresponding bad debt provisions[12] - Inventory rose significantly to ¥729,646,534.29, up from ¥474,187,077.13, indicating a growth of 54.0%[22] Market and Business Development - The company is actively expanding its domestic market by forming a sales team for commercial pumps, which has led to increased sales personnel and business expenses[12] - The company is exploring new business models, including short video e-commerce, which has resulted in increased fixed asset and team building investments[12] Leasing and Standards - The company has implemented new leasing standards affecting the balance sheet, with non-current liabilities increasing by $359.44 million due to lease liabilities[41] - The new leasing standards were first implemented in 2021, with retrospective adjustments made to prior comparative data[52] Audit Status - The third quarter report has not been audited[51]