中颖电子(300327) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 reached ¥407,510,803.67, representing a 42.05% increase year-over-year[3]. - Net profit attributable to shareholders was ¥115,225,400.45, a significant increase of 104.05% compared to the same period last year[3]. - The net profit after deducting non-recurring gains and losses was ¥115,330,225.45, up 108.79% year-over-year[3]. - Operating revenue for the first nine months of 2021 reached ¥1,093,569,143.14, a 47.40% increase compared to ¥741,884,494.94 in the same period of 2020, driven by increased order demand and production capacity[11]. - Net profit attributable to shareholders of the parent company was ¥268,029,932.19, reflecting a 78.17% increase from ¥150,433,601.97 in the previous year, attributed to revenue growth and improved gross margin[11]. - For the first three quarters, the company reported total operating revenue of 1,093.57 million yuan, up 47.4% year-on-year, and a net profit of 268.03 million yuan, up 78.2% year-on-year[21]. - The net profit for the current period is 268,907,810.05 yuan, an increase from 142,447,858.75 yuan in the previous period, representing an increase of approximately 88.8%[34]. Assets and Liabilities - Total assets as of September 30, 2021, amounted to ¥1,567,575,704.29, reflecting an 18.77% increase from the end of the previous year[3]. - The total assets of the company reached 1.57 billion yuan, up from 1.32 billion yuan year-on-year[24]. - Accounts receivable increased by 39.68% to ¥217,901,116.24 due to higher sales[7]. - Inventory rose by 64.07% to ¥179,001,151.71, attributed to increased stocking in response to sales growth[7]. Cash Flow - The company reported a net cash flow from operating activities of -¥116,923,769.87, a decline of 181.77% year-over-year[3]. - The net cash flow from operating activities was -¥116,923,769.87, a decrease of 181.77% compared to ¥142,986,651.01 in the same period last year, primarily due to an increase in prepaid procurement payments[11]. - The net cash flow from operating activities was negative 116.92 million yuan, primarily due to large long-term prepayments made to upstream suppliers to secure future capacity growth[21]. - The cash inflow from investment activities was 1,203,234,190.92 yuan, compared to 1,347,359,670.47 yuan in the previous period, indicating a decrease of approximately 10.7%[41]. - The net increase in cash and cash equivalents was $20,957,900.26, down from $124,242,269.46 in the previous period[45]. - The ending balance of cash and cash equivalents was $124,835,029.27, compared to $347,676,446.24 at the end of the previous period[45]. Research and Development - Research and development expenses increased by 59.78% to ¥198,379,507.56, up from ¥124,161,720.97, indicating a significant increase in R&D investment[11]. - The company significantly increased R&D investment, totaling 198.38 million yuan for the first three quarters, a year-on-year increase of 59.78%, accounting for 18.14% of operating revenue[20]. - Research and development expenses increased to 198,379,507.56 yuan from 124,161,720.97 yuan, reflecting a growth of about 60%[34]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 36,130, with the top ten shareholders holding significant stakes[12]. - The company has a total of 4,051,056 restricted shares at the beginning of the period, with 261,797 shares released during the period[19]. Future Outlook - The company plans to continue expanding its market presence and investing in new technologies and products to drive future growth[11]. - The company signed several long-term capacity assurance agreements, reflecting management's optimistic outlook on long-term development[20]. Other Financial Metrics - The weighted average return on equity was 9.01%, an increase of 3.17% compared to the previous year[3]. - The gross profit margin slightly improved year-on-year, influenced by price increases and changes in product mix[20]. - The company reported a financial income of 6,586,951.42 yuan, significantly up from 2,634,020.81 yuan, representing an increase of about 150%[34]. - The total comprehensive income for the current period is 269,563,753.93 yuan, compared to 142,447,858.75 yuan previously, showing an increase of approximately 89%[38]. - Basic earnings per share for the current period is 0.8726 yuan, up from 0.5395 yuan, reflecting an increase of about 61.5%[38].