领益智造(002600) - 2021 Q3 - 季度财报

Financial Performance - The company achieved operating revenue of CNY 8.89 billion in Q3 2021, an increase of 17.59% year-on-year[3]. - Net profit attributable to shareholders was CNY 873.06 million in Q3 2021, up 7.72% compared to the same period last year[3]. - The net profit after deducting non-recurring gains and losses was CNY 801.62 million, reflecting a 3.01% increase year-on-year[3]. - For the first nine months of 2021, the company recorded operating revenue of CNY 21.63 billion, a 10.90% increase year-on-year[8]. - The company reported a decrease in income tax expenses by 144.50%, amounting to approximately CNY -77.34 million, due to increased R&D deductions and a decline in profitability compared to the previous year[11]. - Net profit for the current period was ¥1,272,479,294.31, a decrease of 11.8% from ¥1,443,444,225.77 in the previous period[29]. - The company reported a total profit of ¥1,195,136,820.50, down from ¥1,617,260,693.54 in the previous period[28]. Revenue Segments - The company reported a 45.03% increase in revenue from the charger segment in Q3 2021, driven by high-power and GaN charger production[7]. - The magnetic materials segment saw a revenue increase of 46.67% year-on-year in Q3 2021, benefiting from improved automation and cost control[7]. Cash Flow and Investments - The cash flow from operating activities for the year-to-date was CNY 618.18 million, down 48.41% compared to the previous year[3]. - The net cash flow from operating activities decreased by 48.41% to approximately CNY 618 million, attributed to increased cash payments for purchased goods[11]. - The company's cash flow from financing activities increased by 197.53% to approximately CNY 2.79 billion, primarily due to a decrease in cash payments for loan repayments[11]. - The total cash outflow from investing activities was ¥5,513,503,894.17, an increase of 50.5% from ¥3,664,407,345.93 in the previous year[33]. - The cash inflow from investment activities was ¥1,933,549,102.82, which is a 55.4% increase from ¥1,244,832,163.66 in the previous year[33]. Assets and Liabilities - The total assets as of September 30, 2021, were CNY 35.11 billion, representing a 19.48% increase from the end of the previous year[4]. - The company's total current assets reached CNY 19.07 billion, up from CNY 17.85 billion at the end of 2020, indicating a growth of about 6.8%[24]. - The total liabilities increased to CNY 19.16 billion from CNY 14.89 billion, reflecting a rise of approximately 28.8%[26]. - The company's equity attributable to shareholders reached CNY 15.92 billion, up from CNY 14.46 billion, reflecting a growth of about 10.1%[26]. - Long-term borrowings surged to CNY 3.65 billion from CNY 1.90 billion, indicating an increase of approximately 92.1%[26]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 276,917[12]. - The largest shareholder, Lingsheng Investment (Shenzhen) Co., Ltd., held 58.54% of the shares, totaling approximately 4.14 billion shares[13]. Research and Development - Research and development expenses for the current period were ¥1,222,953,084.77, slightly up from ¥1,173,075,561.83 in the previous period[28]. Other Financial Metrics - The company's weighted average return on equity was 5.72% for Q3 2021, down 2.83% from the previous year[4]. - The company's inventory increased by 31.23% year-on-year to CNY 5.48 billion, reflecting business scale growth[9]. - The company experienced a 52.57% increase in asset impairment losses, amounting to approximately CNY 187.94 million, mainly due to increased inventory write-downs[11]. - The company recorded a financial asset fair value change gain of ¥75,652,856.04, significantly up from ¥3,805,465.68 in the previous period[28]. - Other comprehensive income after tax was ¥37,617,146.93, compared to a loss of ¥108,250,231.88 in the previous period[29]. Future Plans - The company plans to invest approximately CNY 2 billion in a battery precision structure project to support business expansion and capacity layout[22]. - The company has approved the issuance of H shares for listing on the Hong Kong Stock Exchange, which is expected to enhance its capital structure and market presence[22].