汉缆股份(002498) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 reached ¥2,389,680,584.05, representing a 21.90% increase year-over-year[2] - Net profit attributable to shareholders was ¥214,322,891.94, up 44.51% compared to the same period last year[2] - The net profit after deducting non-recurring gains and losses was ¥203,960,982.53, reflecting a 41.86% increase year-over-year[2] - The basic earnings per share for the period was ¥0.06, a 50.00% increase compared to the same period last year[2] - The weighted average return on equity was 3.59%, an increase of 0.86% year-over-year[2] - The net profit for Q3 2021 was CNY 695,407,639.22, an increase of 39.3% compared to CNY 499,226,912.64 in Q3 2020[21] - The operating profit for the period was CNY 815,484,330.19, up from CNY 588,378,076.91, reflecting a growth of 38.7% year-over-year[21] - Total revenue from operating activities reached CNY 6,065,878,424.47, compared to CNY 5,318,734,722.64 in the previous year, indicating a growth of 14.0%[24] - The total comprehensive income for the period was CNY 582,383,114.41, slightly up from CNY 578,592,094.94 in the previous year[22] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥8,861,861,262.17, a 17.96% increase from the end of the previous year[4] - Current assets totaled ¥6,743,304,004.14, compared to ¥5,649,298,174.46, indicating an increase of approximately 19.4%[16] - Total liabilities reached ¥2,450,880,361.15, compared to ¥1,857,524,000.38, which is an increase of about 32%[16] - The company's total assets increased to ¥8,861,861,262.17, up from ¥7,512,857,007.87, representing a growth of about 18%[16] Shareholder Equity - Shareholders' equity attributable to the parent company was ¥6,283,703,666.60, which is an 11.46% increase from the previous year[4] - The equity attributable to shareholders of the parent company was ¥6,283,703,666.60, up from ¥5,637,562,935.02, indicating a growth of approximately 11.5%[17] - The company reported a net profit increase, with undistributed profits rising to ¥2,292,017,523.73 from ¥1,588,625,438.08, reflecting an increase of about 44.2%[17] Cash Flow - Cash flow from operating activities showed a net outflow of ¥358,839,843.47, a significant decline of 361.12% compared to the previous year[2] - The cash flow from operating activities showed a net outflow of CNY -358,839,843.47, contrasting with a net inflow of CNY 137,425,223.20 in the same period last year[24] - The company experienced a decrease in cash flow from financing activities, with a net outflow of CNY -90,610,076.26 compared to CNY -121,238,363.88 in the previous year[25] Expenses - Total operating costs amounted to ¥5,266,801,883.71, up from ¥4,358,380,146.93, reflecting a year-over-year increase of about 20.8%[20] - Research and development expenses increased by 36.80% to ¥316.98 million, reflecting the company's commitment to enhancing high-voltage cable and material projects[9] - Research and development expenses were ¥316,980,407.79, which is an increase of approximately 36.8% compared to ¥231,718,981.14 in the previous year[20] - Tax expenses surged by 31.90% to ¥120.52 million, primarily due to a substantial increase in total profit[9] Accounts Receivable and Payable - Accounts receivable increased by 43.28% to ¥3,278,283,067.25, primarily due to rising raw material prices and increased operating revenue[8] - The company reported a significant increase in accounts payable, which reached ¥492.86 million, a 35.19% increase, driven by rising raw material prices and increased procurement[9] Other Financial Metrics - The company's financial expenses decreased by 65.67% to -¥4.37 million, mainly due to reduced interest income from deposits[9] - The company reported a significant credit impairment loss of CNY -117,826,945.02, compared to CNY -9,045,753.10 in the previous year, indicating a deterioration in asset quality[21] - Minority interests surged by 616.24% to ¥127.28 million, primarily due to investments in intangible assets by Shanghai Hengjin Power Technology Co., Ltd.[9] Additional Information - The third quarter report has not been audited[26] - The company has implemented new leasing standards starting from 2021[26] - There are no retrospective adjustments for prior comparative data under the new leasing standards[26] - The financial report adjustments related to the new leasing standards are not applicable[26] - The legal representative of the company is Zhang Ligang[27] - The board of directors of Qingdao Hancable Co., Ltd. issued the report on October 27, 2021[27]