九阳股份(002242) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 was ¥2,288,421,316.19, a decrease of 9.35% compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2021 was ¥211,704,401.73, down 6.42% year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥197,518,780.25, a decline of 5.51% compared to the previous year[5] - The company's basic earnings per share for Q3 2021 was ¥0.29, down 3.33% year-on-year[5] - The company reported a significant increase in investment income, which rose to 53,838,899.20 from 20,982,567.45, a growth of 156.5%[30] - The total comprehensive income attributable to the parent company's owners is 662,180,069.36, down from 649,445,485.80, a decrease of 2.3%[33] - Operating profit decreased to 725,077,538.27 from 740,835,126.88, a decline of 2.1%[30] Assets and Liabilities - The total assets at the end of Q3 2021 were ¥7,580,907,506.60, representing a decrease of 17.01% from the end of the previous year[7] - Total assets decreased to CNY 7,580,907,506.60 from CNY 9,134,826,691.51, a decline of about 17.1%[23] - Total liabilities for leasing reached ¥22,035,656.08, with non-current liabilities due within one year at ¥29,151,811.52[12] - Total liabilities decreased to CNY 3,402,576,861.91 from CNY 4,852,334,933.07, reflecting a decrease of approximately 30%[26] - The company's equity attributable to shareholders decreased to CNY 4,184,856,332.93 from CNY 4,283,761,519.10, a decline of about 2.3%[26] - Total liabilities amounted to ¥4,809,797,787.14, with a slight increase of ¥10,135,444.87 compared to the previous period[43] Cash Flow - Cash flow from operating activities showed a net outflow of ¥459,813,538.33, a significant decline of 154.97% compared to the previous year[5] - The net cash flow from operating activities dropped by 154.97% to -¥459,813,538.33, primarily due to payments for prior period raw material purchases[12] - Cash inflow from financing activities decreased by 97.13% to ¥24,525,520.00, mainly due to a reduction in bank acceptance bills received[12] - Cash inflow from investment activities rose by 210.04% to ¥10,851,423.00, reflecting increased cash from the disposal of joint ventures[12] - Operating cash flow outflow totaled ¥8,650,690,899.00, an increase of 17.3% from ¥7,377,410,882.15 in the previous period[37] - Net cash flow from investment activities was ¥14,263,698.25, a recovery from -¥1,312,582,276.80 in the previous period[37] - Net cash flow from financing activities was -¥792,627,480.00, a decrease from ¥48,597,632.04 in the prior period[37] Operational Metrics - The weighted average return on equity was 4.07%, a decrease of 1.78 percentage points year-on-year[5] - The company reported a significant increase in prepayments by 415.72% to ¥83,769,484.63 due to rising raw material prices[9] - The company’s trade receivables increased by 265.58% to ¥776,781,891.28, primarily due to an increase in receivables from JS Global Trading HK Limited[9] - Total operating costs increased to CNY 6,428,336,085.06, up from CNY 6,354,338,648.43, reflecting a rise in operating costs[27] - Research and development expenses increased to 226,557,709.56 from 218,537,881.86, reflecting a growth of 3.7%[30] - Sales expenses rose to 1,036,712,663.47 from 990,575,154.88, marking an increase of 4.7%[30] Other Financial Highlights - Other income surged by 188.41% to ¥76,730,424.69, mainly driven by an increase in government subsidies[12] - The company reported a significant increase in fair value gains of 232.87% to ¥13,058,790.16, due to an increase in fund fair values[12] - Minority interests showed a drastic decline of 413.93% to -¥6,525,688.24, primarily due to losses from a subsidiary[12] - The company is focusing on expanding its market presence and developing new products, although specific figures were not disclosed in the report[29] - The company did not have an audited third-quarter report[47]