东方日升(300118) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was ¥4,649,569,681.11, representing a 46.01% increase year-over-year[3] - The net profit attributable to shareholders for the same period was ¥445,225,341.25, up 47.22% compared to the previous year[3] - The company's diluted earnings per share for Q3 2021 was ¥0.5126, reflecting a 41.37% increase compared to the same period last year[4] - Total operating revenue for Q3 2021 reached CNY 12.99 billion, a 20% increase from CNY 10.83 billion in the same period last year[19] - Net profit for Q3 2021 was CNY 392.12 million, a decrease of 42.4% compared to CNY 679.50 million in Q3 2020[20] - The company reported a basic earnings per share of CNY 0.4076, down from CNY 0.7456 in the same quarter last year[21] - The company recorded a total profit of CNY 491.23 million, down from CNY 837.52 million in Q3 2020[20] Assets and Liabilities - Total assets at the end of the reporting period reached ¥31,453,773,781.62, an increase of 8.75% from the end of the previous year[4] - As of September 30, 2021, the total assets of the company reached approximately CNY 31.45 billion, an increase from CNY 28.92 billion at the end of 2020, representing a growth of about 8.8%[18] - The total liabilities of the company were CNY 21.48 billion, which is an increase from CNY 18.98 billion in the previous year, marking a rise of approximately 7.8%[18] - The company’s total current liabilities rose to CNY 16.85 billion, compared to CNY 14.90 billion in the previous year, representing an increase of approximately 13.1%[18] - Total liabilities reached 18,983,069,567.60 CNY, with current liabilities totaling 14,900,688,935.06 CNY[26] Cash Flow - The company’s cash flow from operating activities for the year-to-date was ¥392,320,374.92, down 27.57% compared to the previous year[3] - Operating cash inflows increased by 32.50% year-on-year, attributed to a larger sales scale and increased cash receipts from photovoltaic product sales[9] - Cash flow from operating activities was CNY 392.32 million, a decline from CNY 541.65 million in the previous year[22] - The net cash flow from investment activities was 204,472,717.08 CNY, a decrease of 671,294,076.29 CNY compared to the previous period[23] - The company reported a net cash outflow from financing activities of 890,199,250.79 CNY, compared to a net inflow of 501,013,710.19 CNY in the previous period[23] Inventory and Investments - The company reported a 114.12% increase in inventory compared to the previous year, attributed to expanded operations and increased finished goods stock[7] - Long-term equity investments grew by 115.83% year-over-year due to the transfer of control over Jiangsu Swick New Materials Co., Ltd.[8] - The company experienced a 39.89% increase in operating costs compared to the same period last year, driven by expanded sales and rising material prices[8] - The investment income surged by 1,924.30% year-over-year, primarily due to the transfer of control over Jiangsu Swick New Materials Co., Ltd. and the sale of certain photovoltaic power station projects[8] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 66,338, with the largest shareholder holding 29.19%[10] - The company had a repurchase special account holding 9,485,035 shares, accounting for 1.05% of the total share capital[11] - The number of restricted shares held by the largest shareholder increased by 197,360,445 during the reporting period, with a total of 197,360,445 restricted shares at the end of the period[13] Other Financial Metrics - The company's cash and cash equivalents amounted to CNY 6.07 billion, up from CNY 5.17 billion at the end of 2020, reflecting an increase of approximately 17.5%[16] - The company reported a decrease in accounts receivable to CNY 2.70 billion from CNY 3.73 billion, a decline of approximately 27.6%[16] - The company’s long-term borrowings increased to CNY 2.15 billion from CNY 1.72 billion, reflecting a growth of approximately 25.3%[18] - The company’s contract liabilities surged to CNY 1.66 billion, up from CNY 780.84 million, indicating an increase of about 112.5%[18] - The company’s fixed assets increased by 115,728,521.38 CNY, reaching a total of 10,712,445,696.66 CNY[25] Future Outlook - The company plans to continue investing in new technologies and market expansion strategies to enhance future growth[19]