易成新能(300080) - 2021 Q3 - 季度财报

Revenue and Profitability - The company's revenue for Q3 2021 reached ¥1,461,006,731.27, representing a 72.62% increase year-over-year[4] - The net profit attributable to shareholders was a loss of ¥50,360,009.62, a decrease of 387.53% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥83,423,955.42, reflecting an 803.63% decline year-over-year[4] - Total operating revenue for the first nine months of 2021 reached CNY 4,241,306,801.08, an increase of 69.74% compared to CNY 2,498,757,279.55 in the same period of 2020[10] - Net profit for the period was CNY -80,464,622.05, a decrease of 262.89% compared to CNY 49,397,437.78 in the previous year, mainly due to a decline in gross profit from battery cell business[10] - The net profit for Q3 2021 was a loss of CNY 80.46 million, compared to a profit of CNY 49.40 million in Q3 2020, indicating a significant decline[35] - The total profit for Q3 2021 was a loss of CNY 71.42 million, compared to a profit of CNY 77.01 million in Q3 2020, indicating a significant downturn[33] Assets and Liabilities - The total assets as of September 30, 2021, amounted to ¥10,477,398,865.25, an increase of 11.53% from the end of the previous year[5] - The company's total liabilities as of September 30, 2021, were RMB 4.80 billion, compared to RMB 4.13 billion at the end of 2020[29] - The equity attributable to shareholders increased to ¥5,181,655,350.36, up 7.13% compared to the end of the previous year[5] - The company's equity attributable to shareholders increased to RMB 5.18 billion from RMB 4.84 billion year-over-year[29] Cash Flow - The company reported a negative cash flow from operating activities of ¥41,174,665.76, a decline of 297.66% year-to-date[4] - Cash flow from operating activities showed a net outflow of CNY -41,174,665.76, a significant decline from a net inflow of CNY 20,831,390.62 in the previous year[12] - The cash flow from investment activities was CNY 80.75 million, with cash outflows for fixed assets amounting to CNY 376.01 million, indicating ongoing investment despite losses[38] - The net cash flow from investment activities was -311,386,697.60 CNY, compared to -120,514,667.08 CNY in the previous year, indicating a significant increase in cash outflow[40] - The net cash flow from financing activities was -72,760,521.15 CNY, an improvement from -228,980,921.25 CNY in the previous year[40] Shareholder Information - The total number of common shareholders at the end of the reporting period is 44,154, with the top ten shareholders holding a combined 72.29% of shares[13] - China Pingmei Shenma Energy Chemical Group Co., Ltd. holds 45.23% of shares, amounting to 977,755,244 shares, with 50,335,500 shares pledged[13] - Kaifeng Construction Investment Co., Ltd. holds 13.94% of shares, totaling 301,373,200 shares[13] Investments and Acquisitions - The company completed the acquisition of 30% equity in Pingmei Longji New Energy Technology Co., Ltd., increasing its total ownership to 80.20%[19] - The company acquired an additional 11% stake in Henan Pingmei Yangguang Energy Technology Co., increasing its total ownership to 51%[20] - The company completed the acquisition of a 67.09% stake in Haidong City Guiqiang New Materials Co., with a transaction value of RMB 11.32 million, enhancing its new materials business[22] - The company invested RMB 100 million to establish a new anode material project with an annual production capacity of 30,000 tons of high-performance lithium-ion battery anode materials[22] Operational Metrics - Total operating costs increased by 78.33% to CNY 4,379,766,688.57 from CNY 2,456,019,034.08, primarily due to increased sales volume[10] - The total operating costs for Q3 2021 were approximately CNY 4.38 billion, an increase from CNY 2.46 billion in the same period last year, representing a growth of 78.4%[33] - Research and development expenses increased to CNY 124.48 million, up from CNY 106.27 million year-over-year, reflecting a growth of 17.1%[33] Financial Ratios and Earnings - The basic earnings per share for the quarter was -¥0.0239, a decrease of 374.71% compared to the same period last year[5] - The company reported a basic and diluted earnings per share of -0.0180, compared to 0.0168 in the same quarter last year, indicating a negative shift[35] Other Financial Information - The company did not report any significant changes in accounting policies or restatements of previous financial data[4] - The company has a strategy to expand its market presence through acquisitions and capital raising activities[19] - The company has a total of 87,359,318 shares under lock-up conditions at the end of the reporting period[16]