FDM(SZ:002196)2021-10-14 16:00Revenue and Profit - Revenue for Q3 2021 reached ¥423,327,953.32, an increase of 30.29% year-over-year, and a total of ¥1,302,014,144.83 for the year-to-date, up 74.64% compared to the same period last year[4] - Net profit attributable to shareholders was -¥28,902,021.35 for Q3 2021, a decrease of 5.67% year-over-year, and -¥21,938,746.47 year-to-date, down 62.49% compared to the same period last year[4] - The net profit for the current period was -¥53,550,887.87, an improvement from -¥58,731,461.86 in the prior period, showing a reduction in losses of about 8.5%[21] - The total comprehensive income for the current period was -¥53,785,443.73, compared to -¥58,839,728.81 in the previous period, indicating a decrease in losses of approximately 8.7%[21] - The company reported a basic and diluted earnings per share of -¥0.0458, an improvement from -¥0.1248 in the prior period[21] Cash Flow and Investments - Operating cash flow net amount for the year-to-date was ¥222,118,742.03, an increase of 578.85%[4] - The net cash flow from operating activities was ¥222,118,742.03, a substantial increase from ¥32,719,707.32 in the previous period[24] - Investment activities resulted in a net cash outflow of -¥194,130,983.08, compared to -¥79,475,266.69 in the previous period, indicating increased investment expenditures[25] - Financing activities generated a net cash outflow of -¥33,897,719.19, a decrease from a net inflow of ¥63,001,371.78 in the previous period, reflecting changes in financing strategy[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,943,291,162.49, a 13.85% increase from the end of the previous year[5] - The company's current assets reached CNY 1,522,687,060.00, up from CNY 1,202,496,541.36 at the end of 2020, indicating a growth of about 26.7%[15][16] - The total liabilities increased to CNY 1,391,943,742.28 from CNY 1,000,604,895.23, reflecting a rise of approximately 38.9%[17] - Cash and cash equivalents at the end of the period stood at ¥103,000,233.09, down from ¥131,773,190.68 in the previous period[25] - The company's accounts receivable decreased slightly to CNY 402,287,014.29 from CNY 414,455,204.74, showing a decline of about 2.0%[15] Research and Development - Research and development expenses increased by 33.22% year-over-year, primarily due to increased investment in new energy vehicle drive motor projects[10] - Research and development expenses were ¥113,584,697.85, compared to ¥85,258,090.55 in the prior period, reflecting a rise of approximately 33.3%[20] Inventory and Operating Costs - Inventory increased by 46.72% year-to-date, attributed to increased sales orders and material stocking[10] - Operating costs increased by 87.06% year-over-year, driven by significant rises in raw material prices[10] - Total operating costs amounted to ¥1,405,078,312.29, up from ¥810,426,431.81, indicating an increase of about 73.2%[19] - Inventory levels increased significantly to CNY 455,483,343.13 from CNY 310,447,969.40, which is an increase of approximately 46.7%[15] Equity and Shareholder Information - The total equity attributable to shareholders of the parent company was CNY 1,458,582,835.05, a slight decrease from CNY 1,460,226,364.28, indicating a decline of approximately 0.1%[17] - The company's equity attributable to shareholders was CNY 1,460,226,364.28, and total equity was CNY 1,584,603,090.84[30] Other Financial Information - The weighted average return on equity was -1.98% for Q3 2021, a decrease of 0.49% year-over-year[5] - The company has implemented a new leasing standard starting from 2021, requiring adjustments to the balance sheet[26] - The third quarter report for 2021 was not audited[31]