海格通信(002465) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 was CNY 1,114,958,127.93, representing an increase of 11.64% year-over-year, while the year-to-date revenue reached CNY 3,556,357,321.88, up 14.64% compared to the same period last year[3]. - Net profit attributable to shareholders for Q3 2021 was CNY 107,437,721.40, a decrease of 8.24% year-over-year, with year-to-date net profit at CNY 382,146,396.28, an increase of 15.56%[3]. - Total operating revenue for Q3 2021 reached ¥3,556,357,321.88, an increase of 14.6% compared to ¥3,102,325,072.84 in Q3 2020[14]. - Net profit for Q3 2021 was ¥400,348,015.15, representing a 19.7% increase from ¥334,480,750.76 in Q3 2020[16]. - Basic and diluted earnings per share increased to ¥0.1658 from ¥0.1435, representing a growth of 15.9%[17]. Research and Development - The company reported a significant increase in R&D expenses, totaling CNY 629,253,877.09 for the first nine months of 2021, which is a 30.10% increase compared to the same period last year, focusing on innovations in unmanned systems and Beidou technology[7]. - Research and development expenses increased to ¥629,253,877.09 in Q3 2021, up from ¥483,673,109.89 in Q3 2020, marking a rise of 30.2%[16]. - The company plans to invest approximately ¥1.3 billion in the construction of the Haige Tian Shu R&D Center to expand its research and production facilities[10]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period was CNY -326,738,223.66, reflecting a decrease of 267.12% compared to the previous year, primarily due to increased payments for materials[7]. - The net cash flow from operating activities was negative at -¥326,738,223.66, a decline from a positive cash flow of ¥195,515,592.87 in the previous period[19]. - Cash received from sales of goods and services amounted to ¥2,898,924,898.69, up from ¥2,604,202,784.67 in the previous period, reflecting a growth of 11.3%[18]. - The total cash and cash equivalents at the end of the period were ¥1,566,236,696.89, compared to ¥1,034,335,320.07 in the previous period, indicating a growth of 51.5%[20]. - The cash flow from financing activities showed a net outflow of -¥467,774,592.34, worsening from -¥242,367,063.94 in the previous period[19]. Assets and Liabilities - Total assets as of Q3 2021 amounted to CNY 14,538,060,891.66, representing a 3.61% increase from the end of the previous year[3]. - The company's total assets as of September 30, 2021, amounted to ¥14,538,060,891.66, compared to ¥14,031,336,408.36 at the end of 2020, indicating a growth of 3.6%[14]. - Total liabilities rose to ¥3,930,015,435.83, compared to ¥3,549,471,679.38 in the previous period, reflecting an increase of 10.7%[14]. - The company's total liabilities increased from CNY 3,549,471,679.38 to CNY 3,575,714,309.51, a rise of CNY 26,242,630.13[23]. - Non-current liabilities decreased to ¥665,661,384.89 from ¥691,492,676.31, a reduction of 3.7%[14]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 137,948, with the largest shareholder, Guangzhou Radio Group Co., Ltd., holding 26.02% of shares, equating to 599,732,162 shares[8]. - The company has a total of 10 major shareholders, with the top 10 holding a combined percentage of shares that reflects significant institutional and individual investment[9]. Investments - The company’s long-term equity investments rose by 176.35% to CNY 259,876,244.75, primarily due to the acquisition of a stake in Changsha Haige[6]. - The company has increased its long-term equity investments to approximately ¥259.88 million, up from ¥94.04 million at the end of 2020, indicating a strategic focus on long-term growth[12]. - The company has increased its investment in its wholly-owned subsidiary, Beijing Haige Shenzhou Communication Technology Co., Ltd., by ¥38 million to enhance talent acquisition and market expansion efforts[11]. Other Financial Metrics - The company's inventory as of September 30, 2021, is approximately ¥2.17 billion, an increase from ¥1.87 billion at the end of 2020, indicating a growth of about 16.5%[12]. - The company reported a total of CNY 1,215,126,539.47 in goodwill as of January 1, 2021[22]. - The company has implemented new leasing standards, affecting the financial statements[24]. - The report for the third quarter was not audited[24].