永兴材料(002756) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 reached ¥1,875,190,867.44, representing a 33.67% increase year-over-year[3] - Net profit attributable to shareholders was ¥247,608,872.89, a significant increase of 172.97% compared to the same period last year[3] - The net profit after deducting non-recurring gains and losses was ¥209,111,174.73, up 173.41% year-over-year[3] - The company achieved a net profit attributable to shareholders of 55,035.43 million RMB for the first nine months of 2021, representing a year-on-year increase of 116.61%[13] - In Q3 2021, the company reported a net profit attributable to shareholders of 24,760.89 million RMB, which is a 172.97% increase year-on-year[13] - Operating profit for the period was ¥624,138,884.81, up 97.5% from ¥316,156,885.97 year-over-year[19] - Net profit for Q3 2021 reached ¥554,576,679.53, a significant increase of 117.5% compared to ¥255,690,499.33 in Q3 2020[20] - Total comprehensive income for the period was ¥554,521,485.15, compared to ¥255,454,840.19 in Q3 2020, marking a growth of 117.5%[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,949,751,876.83, reflecting a 10.97% increase from the end of the previous year[3] - The company's equity attributable to shareholders increased by 15.90% to ¥4,668,416,191.65 compared to the end of the previous year[3] - The total assets increased to ¥5,949,751,876.83, representing a growth of 10.9% from ¥5,361,512,338.96 at the end of the previous year[18] - Non-current liabilities totaled ¥143,259,616.24, a decrease of 3.5% from ¥148,548,319.60 in the previous period[18] - The company's cash and cash equivalents were not explicitly stated, but the total liabilities decreased to ¥1,209,379,394.20 from ¥1,267,407,527.03, indicating improved liquidity[18] - Accounts receivable rose to 198,185,399.33 RMB as of September 30, 2021, compared to 121,013,395.95 RMB at the end of 2020[16] - The total current assets increased to 3,353,002,975.12 RMB as of September 30, 2021, from 2,980,458,463.26 RMB at the end of 2020[16] - The company reported a decrease in accounts payable to ¥510,146,144.48 from ¥629,366,994.16, indicating better management of liabilities[18] Cash Flow - The cash flow from operating activities for the year-to-date was ¥313,054,974.46, showing a 20.53% increase year-over-year[3] - Operating cash flow net amount was ¥313,054,974.46, an increase of 20.5% from ¥259,724,794.63 in the previous year[21] - Cash and cash equivalents at the end of the period stood at ¥1,776,778,234.06, up from ¥1,301,060,406.22 at the end of Q3 2020, representing a 36.5% increase[22] - Investment activities generated a net cash outflow of ¥96,700,247.05, compared to a net inflow of ¥14,220,561.09 in the same period last year[22] - Financing activities resulted in a net cash inflow of ¥148,631,291.48, down 60.8% from ¥378,878,931.16 in Q3 2020[22] Business Operations - The company reported a 63.77% increase in accounts receivable, primarily due to significant growth in lithium battery new energy business revenue[8] - The company’s investment income surged by 371.71% to ¥30,698,660.18, attributed to the transfer of equity in Shanghai New Tai Yongkang Health Technology Co., Ltd.[8] - The sales volume of special steel new materials reached 233,100 tons in the first nine months of 2021[13] - The lithium battery new energy business sold 8,158.4 tons of lithium carbonate during the same period[13] - The company completed the transfer of shares in Shanghai New Tai Yongkang Health Technology Co., Ltd., receiving the transfer payment as part of its strategic focus on "new materials + new energy" dual business development[14] - The company has successfully implemented its dual business strategy, leading to steady growth in performance[13] - The company plans to continue focusing on its core business areas to accelerate transformation and upgrading[14] - The company plans to expand its lithium battery production capacity with new projects, including a 20,000-ton battery-grade lithium carbonate project[8] Research and Development - Research and development expenses increased to ¥149,209,778.15, up 28.4% from ¥116,224,583.06, reflecting a commitment to innovation[19] Earnings Per Share - The basic earnings per share for the reporting period was ¥0.62, an increase of 148.00% compared to the same period last year[3] - Basic earnings per share increased to ¥1.38, compared to ¥0.71 in Q3 2020, reflecting a growth of 94.4%[20]