洲明科技(300232) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 reached ¥1,901,312,882.30, representing a 46.31% increase year-over-year[6] - Net profit attributable to shareholders was ¥116,404,341.70, a 56.15% increase compared to the same period last year[6] - The net profit excluding non-recurring gains and losses was ¥102,284,460.98, up 77.37% year-over-year[6] - The company's operating revenue reached ¥4,833,057,090.26, a 52.94% increase compared to the previous year's ¥3,160,021,400.06[19] - Total operating revenue for the third quarter reached ¥4,833,057,090.26, a significant increase of 53.0% compared to ¥3,160,021,400.06 in the same period last year[47] - Net profit attributable to the parent company was ¥207,309,198.25, up 34.6% from ¥154,027,420.16 year-on-year[49] - The total comprehensive income for the period was ¥205,497,654.06, compared to ¥146,759,408.67 in the previous year, reflecting an increase of 40.0%[75] Assets and Liabilities - The total assets at the end of the reporting period were ¥10,162,494,944.26, reflecting a 24.49% increase from the end of the previous year[6] - The total assets as of September 30, 2021, amounted to RMB 10,162,494,944.26, compared to RMB 8,163,480,442.26 at the end of 2020[39] - Total liabilities decreased by 54.78% to ¥260,297,983.66, primarily due to the repayment of bank loans[19] - Total liabilities as of September 30, 2021, were RMB 5,528,721,011.56, an increase from RMB 4,632,745,337.16 as of December 31, 2020[43] - The total liabilities increased to ¥5,528,721,011.56, up from ¥4,628,865,336.48, marking a 19.4% rise year-on-year[46] - The company’s total current liabilities were approximately 4.17 billion, showing a slight decrease[98] Equity - The equity attributable to shareholders increased to ¥4,643,810,097.84, a rise of 31.38% compared to the previous year[6] - The company’s total equity as of September 30, 2021, was RMB 4,633,773,932.70, compared to RMB 3,530,735,105.10 at the end of 2020[43] - Total equity attributable to shareholders reached approximately 3.53 billion, remaining stable compared to the previous period[101] Cash Flow - Cash flow from operating activities showed a net outflow of ¥167,867,262.66, a significant decline of 345.56% compared to the previous year[6] - The net cash flow from operating activities was negative at ¥-167,867,262.66, a significant decline of 345.56% compared to the previous year's positive cash flow of ¥68,361,637.52, mainly due to increased bank acceptance bill guarantees[23] - Operating cash inflow totaled CNY 5,043,961,099.16, an increase from CNY 3,986,785,572.60 in the previous period[85] - Operating cash outflow amounted to CNY 5,211,828,361.82, compared to CNY 3,918,423,935.08 last year[85] - Net cash flow from investing activities was negative CNY 387,436,670.83, compared to negative CNY 348,553,221.45 in the previous year[88] - Net cash flow from financing activities was CNY 570,235,228.62, significantly higher than CNY 167,953,541.36 last year[88] Inventory and Prepayments - Inventory increased by 81.32% to ¥2,535,015,004.57, primarily due to increased stockpiling[15] - Prepayments rose by 230.36% to ¥310,932,467.61, mainly due to increased payments to suppliers[15] - Inventory as of September 30, 2021, was RMB 2,535,015,004.57, up from RMB 1,398,078,988.76 as of December 31, 2020[37] Research and Development - Research and development expenses increased by 32.47% to ¥210,426,836.47, reflecting the company's commitment to advancing LED display technology[19] - Research and development expenses for the quarter were ¥210,426,836.47, representing an increase of 32.5% from ¥158,846,980.51 in the previous year[47] Market Strategy - The company plans to expand its market presence and enhance channel development, as indicated by a 36.89% rise in selling expenses to ¥523,008,958.72[19] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[48] Employee Compensation - The company reported a total of 117 million in employee compensation payable[98] - The company has a total of 30 million in long-term employee compensation payable[98]