飞龙股份(002536) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 was ¥691,986,928.21, a decrease of 1.89% compared to the same period last year[4] - Net profit attributable to shareholders was ¥24,794,652.66, down 42.57% year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥18,663,424.04, a decline of 55.76% compared to the previous year[4] - The company reported a basic earnings per share of ¥0.05, down 44.44% compared to the same period last year[4] - The weighted average return on equity was 1.09%, a decrease of 1.01% year-on-year[4] - Total operating revenue for the current period reached ¥2,434,326,942.97, a 28.2% increase from ¥1,898,611,908.56 in the previous period[33] - Operating profit for the current period was ¥174,890,351.24, compared to ¥87,596,041.57 in the previous period, reflecting a significant increase[33] - Net profit for the current period was ¥167,266,803.46, a 111.1% increase from ¥79,091,445.08 in the same period last year[37] - Basic and diluted earnings per share were both ¥0.34, up from ¥0.16 in the previous period[37] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,220,036,062.41, an increase of 7.54% from the end of the previous year[7] - The company's total assets reached CNY 4,220,036,062.41, an increase from CNY 3,924,145,805.75 at the end of 2020, representing a growth of approximately 7.57%[23] - The company's current assets totaled CNY 2,144,165,433.50, up from CNY 1,856,955,001.51, indicating an increase of about 15.43% year-over-year[23] - Total liabilities increased to CNY 1,906,926,680.24 from CNY 1,728,232,045.64, marking an increase of approximately 10.35%[29] - The company's short-term borrowings decreased slightly to CNY 651,600,000.00 from CNY 670,100,000.00, a reduction of about 7.45%[26] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥68,739,964.04, a decrease of 75.79% year-on-year[13] - Cash flow from operating activities generated ¥68,739,964.04, a decrease from ¥283,952,046.09 in the prior period[41] - Cash inflow from operating activities totaled ¥2,705,781,113.76, compared to ¥1,958,267,477.81 in the previous period[41] - Net cash flow from investing activities was -$180.25 million, compared to -$92.99 million in the previous period, indicating a significant increase in cash outflow[44] - Cash inflow from financing activities totaled $1.33 billion, up from $732.98 million year-over-year, reflecting strong borrowing activity[44] - Cash outflow for debt repayment was $994.30 million, compared to $659.39 million in the previous period, showing an increase in debt servicing[44] - The net increase in cash and cash equivalents was $30.36 million, compared to $2.92 million in the previous period, indicating improved liquidity[44] - The ending balance of cash and cash equivalents was $105.97 million, down from $116.33 million in the previous period, reflecting a decrease in available cash[44] Operating Costs and Expenses - The company's operating costs increased by 27.61% year-on-year, totaling ¥1,861,412,894.52[13] - Total operating costs amounted to ¥2,273,229,951.97, up 24.5% from ¥1,826,761,253.70 in the prior period[33] - The financial expenses rose by 35.99% year-on-year, amounting to ¥32,065,699.04, primarily due to increased foreign currency losses[13] - Research and development expenses increased to ¥159,423,611.18, up from ¥127,616,015.06 in the prior period, indicating a focus on innovation[33] - Tax expenses for the current period were ¥6,483,864.27, down from ¥7,786,353.96 in the previous period[37] - Other income for the current period was ¥36,683.96, significantly lower than ¥678,531.90 in the previous period[37] Market and Product Development - The company has received multiple product approval notifications from clients, indicating a growing demand for its new energy products[20] - The electronic water pump orders exceeded 30,000 units in October, with expectations to double in November, highlighting strong market demand[20] - The company is focusing on expanding its market in new energy vehicle components, which is expected to be a key growth area in the future[20] Shareholder Returns - Cash outflow for dividend payments and interest was $65.02 million, slightly up from $61.66 million, reflecting ongoing shareholder returns[44] Accounting and Reporting - The company did not apply new leasing standards for the financial statements, indicating stability in accounting practices[45] - The third quarter report was not audited, which may affect the reliability of the financial data presented[47]