宁波东力(002164) - 2021 Q3 - 季度财报

Revenue and Profitability - Revenue for Q3 2021 reached ¥414,262,209.11, an increase of 28.44% compared to the same period last year[4] - The company's net profit for Q3 2021 was RMB 175,238,024.63, a significant decrease from RMB 1,413,385,269.06 in Q3 2020[18] - Net profit attributable to shareholders decreased by 81.10% to ¥57,151,479.48, with a year-to-date loss of ¥145,217,305.43, down 110.20%[4] - Basic and diluted earnings per share decreased by 79.63% to ¥0.11, reflecting the decline in net profit[4] - Basic and diluted earnings per share for the third quarter were both -0.27 CNY, compared to 2.21 CNY in the previous year[20] - The total comprehensive income for the third quarter was -144,970,116.31 CNY, compared to 1,423,511,329.93 CNY in the same period last year[19] Assets and Liabilities - Total assets increased by 12.11% to ¥2,084,845,385.08 compared to the end of the previous year[5] - As of September 30, 2021, total assets amounted to RMB 2,084,845,385.08, compared to RMB 1,859,598,445.74 at the end of 2020, reflecting a growth of 12.1%[16] - The company's total liabilities increased to RMB 1,600,888,125.53, a rise of 30% from RMB 1,230,671,069.88 at the end of 2020[16] - Shareholders' equity attributable to the parent company decreased by 23.18% to ¥481,320,447.68[5] Cash Flow - The company reported a year-to-date cash flow from operating activities of ¥79,409,667.55, a decrease of 46.90%[4] - Operating cash flow for the third quarter was 79,409,667.55 CNY, down from 149,543,691.66 CNY in the same period last year[23] - Cash flow from investment activities was -67,041,727.79 CNY, an improvement from -132,172,873.11 CNY in the same period last year[23] - Cash flow from financing activities resulted in a net outflow of -18,225,214.00 CNY, compared to -16,996,588.72 CNY in the previous year[23] - The company reported a decrease in cash and cash equivalents at the end of the period, totaling 86,796,853.92 CNY, down from 93,277,811.98 CNY[23] - The company's cash and cash equivalents decreased to RMB 120,749,959.71 from RMB 125,187,814.11 at the end of 2020, a decline of 3.5%[14] Inventory and Receivables - Accounts receivable increased by 31.47% at the end of the reporting period, attributed to revenue growth[9] - The company reported a significant increase in accounts receivable, which rose to RMB 339,219,722.55 from RMB 258,021,780.59, marking a growth of 31.4%[14] - Inventory increased by 46.49% at the end of the reporting period, reflecting higher stock levels due to increased sales[9] - Inventory as of September 30, 2021, was RMB 431,519,322.00, up 46.4% from RMB 294,580,466.58 at the end of 2020[15] Research and Development - Research and development expenses increased by 39.19% year-to-date, driven by higher investment in transmission equipment[8] - Research and development expenses for Q3 2021 were RMB 49,606,275.23, an increase of 39.2% compared to RMB 35,638,930.48 in Q3 2020[18] Other Information - The company reported a significant increase in expected liabilities by 74.25%, primarily due to additional provisions for guarantee losses[9] - The third quarter report was not audited[24] - The company did not require adjustments to the balance sheet for the new leasing standards implemented in 2021[24]