通达动力(002576) - 2021 Q3 - 季度财报

Financial Performance - Revenue for Q3 2021 reached ¥524,712,321.47, an increase of 27.95% year-over-year, and cumulative revenue for the year-to-date was ¥1,483,674,039.90, up 31.27% compared to the same period last year[3] - Net profit attributable to shareholders for Q3 2021 was ¥28,260,091.06, a 9.32% increase year-over-year, with a year-to-date net profit of ¥91,019,076.21, reflecting a 50.62% increase[3] - Basic earnings per share for Q3 2021 was ¥0.1712, up 9.32% year-over-year, and year-to-date earnings per share was ¥0.5513, an increase of 50.63%[3] - The company's net profit attributable to shareholders was CNY 315,446,116.28, compared to CNY 240,937,040.07 in the previous period, showing a growth of 31.0%[16] - The net profit for Q3 2021 was CNY 90,464,547.29, an increase of 50.9% compared to CNY 59,947,788.10 in Q3 2020[18] - The operating profit for the quarter reached CNY 103,610,211.85, up from CNY 66,503,780.11, reflecting a growth of 55.8% year-over-year[18] Assets and Liabilities - Total assets at the end of Q3 2021 amounted to ¥1,777,650,349.07, representing a 31.85% increase from the end of the previous year[3] - Total assets reached CNY 1,777,650,349.07, up from CNY 1,348,187,454.69, indicating a growth of 31.8%[16] - Total liabilities increased to CNY 735,617,944.69 from CNY 380,109,597.60, reflecting a rise of 93.5%[15] Cash Flow - Cash flow from operating activities showed a net decrease of 58.99% year-to-date, primarily due to increased payments for materials[8] - Cash flow from operating activities was CNY 21,176,087.07, a decrease of 59.0% compared to CNY 51,640,325.92 in the same period last year[21] - The company incurred a total operating cash outflow of CNY 1,030,254,481.75, compared to CNY 786,227,096.13 in Q3 2020, reflecting an increase of 31.0%[21] - The net cash flow from investing activities was negative at CNY -87,052,897.37, worsening from CNY -57,528,214.55 in the previous year[21] - Cash and cash equivalents increased to CNY 242,329,776.48 from CNY 187,651,695.64, reflecting a growth of 29.1%[13] - Cash and cash equivalents at the end of the period were CNY 142,815,843.85, a decrease from CNY 126,979,788.98 year-over-year[21] Inventory and Receivables - Inventory rose by 63.05%, attributed to an increase in sales orders[7] - Inventory levels increased significantly to CNY 426,070,853.41, compared to CNY 261,314,977.06, marking a growth of 63.1%[14] - Accounts receivable rose to CNY 388,519,137.80, a 26.8% increase from CNY 306,465,468.92 at the end of the previous year[13] Financial Expenses and Borrowings - Short-term borrowings increased by 100%, primarily due to the increase in bank acceptance bill discounts and short-term loans[7] - The company reported a 408.7% increase in financial expenses, mainly due to higher interest costs[7] Research and Development - Research and development expenses for the period were CNY 38,944,245.73, slightly up from CNY 38,111,250.21, indicating a focus on innovation[16] Other Financial Metrics - Total operating revenue for the period reached CNY 1,483,674,039.90, an increase of 31.2% compared to CNY 1,130,230,853.47 in the previous period[16] - Total operating costs amounted to CNY 1,371,172,184.74, up 30.3% from CNY 1,052,937,660.26 in the prior period[16] - The company experienced a 197.17% increase in asset disposal gains, primarily due to an increase in fixed asset sales[7] - The company is currently in the process of obtaining approval from the China Securities Regulatory Commission for a non-public issuance of shares[11] - The basic and diluted earnings per share for the quarter were both CNY 0.5513, compared to CNY 0.3660 in Q3 2020, representing an increase of 50.5%[19] - The company reported a total comprehensive income of CNY 90,464,547.29 for the quarter, compared to CNY 59,947,788.10 in the same period last year[19]