凯中精密(002823) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 reached ¥587,645,065.77, an increase of 16.25% year-on-year, while the year-to-date revenue was ¥1,855,838,585.27, up 47.13% compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2021 was a loss of ¥38,711,875.02, a decrease of 151.62% year-on-year, and the year-to-date net profit was ¥7,111,626.32, down 92.38%[3]. - Total operating revenue for the current period reached ¥1,855,838,585.27, a significant increase from ¥1,261,401,231.61 in the previous period, representing a growth of approximately 47%[21]. - Net profit for the current period was ¥7,111,626.32, a decrease of approximately 92% from ¥93,289,968.68 in the previous period[22]. - Basic and diluted earnings per share decreased to ¥0.02 from ¥0.32 in the previous period, reflecting a significant decline[23]. Cash Flow and Liquidity - The operating cash flow for the year-to-date period decreased by 82.78% to ¥33,364,260.28, indicating challenges in cash generation[3]. - The net cash flow from operating activities was ¥33,364,260.28, down from ¥193,806,242.35 in the prior period, reflecting a decline of about 83%[26]. - Cash inflow from operating activities totaled ¥2,128,135,496.76, compared to ¥1,492,702,078.76 in the previous period, marking an increase of approximately 42%[26]. - Cash outflow from operating activities was ¥2,094,771,236.48, up from ¥1,298,895,836.41 in the prior period, indicating an increase of about 62%[26]. - The company reported a net cash flow from investing activities of -¥261,736,536.85, worsening from -¥106,700,502.33 in the previous period[26]. - The company incurred a total of ¥942,263,616.38 in cash outflows for debt repayment, which increased from ¥685,006,696.35 in the previous period[26]. - The company reported a decrease in cash and cash equivalents, indicating potential liquidity challenges[27]. - The ending balance of cash and cash equivalents as of Q3 2021 was 144,760,549.02 CNY, down from 176,525,285.55 CNY year-over-year[27]. Assets and Liabilities - The total assets at the end of Q3 2021 were ¥3,719,351,383.02, reflecting an increase of 8.14% from the end of the previous year[3]. - Current assets totaled CNY 1,332,747,136.14, up from CNY 1,214,547,891.82 at the end of 2020, reflecting a growth of approximately 9.7%[18]. - Total liabilities reached CNY 2,309,018,423.59, up from CNY 2,000,835,472.49, marking a growth of approximately 15.4%[19]. - The company's equity attributable to shareholders decreased to CNY 1,410,332,959.43 from CNY 1,438,453,057.38, a decline of about 2.0%[20]. - Total non-current assets were CNY 2,386,604,246.88, up from CNY 2,224,740,638.05, indicating a growth of approximately 7.3%[18]. - Short-term borrowings rose to CNY 731,410,229.99, compared to CNY 526,564,822.48 at the end of 2020, indicating a 38.8% increase[19]. Inventory and Costs - The company reported a significant increase in inventory, which rose by 55.08% to ¥559,938,690.10, driven by the demand for new energy vehicle components and communication consumer products[9]. - The gross profit margin was impacted by rising raw material costs and increased transportation expenses, contributing to a 54.51% rise in operating costs year-to-date[11]. - Total operating costs amounted to ¥1,872,117,073.52, compared to ¥1,263,241,323.93 in the prior period, indicating an increase of about 48%[21]. Government Support and Standards - The company received government subsidies totaling ¥37,825,822.24 year-to-date, an increase of 32.37% compared to the previous year[11]. - The company has adopted new leasing standards starting in 2021, which required adjustments to the financial statements[28]. Audit and Reporting - The report for Q3 2021 has not been audited[32].