富临精工(300432) - 2021 Q3 - 季度财报

Financial Performance - Revenue for Q3 2021 reached ¥632,072,866.21, an increase of 32.85% compared to the same period last year[3] - Net profit attributable to shareholders was ¥78,226,112.96, a decrease of 27.57% year-on-year[3] - Net profit excluding non-recurring gains and losses was ¥76,855,745.90, down 8.55% from the previous year[3] - The company reported a basic earnings per share of ¥0.1054, down 27.87% from the same period last year[3] - The company's total revenue for the period reached RMB 1.702 billion, up from RMB 1.213 billion in the same period last year, representing an increase of approximately 40.3%[32] - Operating costs for the period were RMB 1.459 billion, compared to RMB 994 million in the previous year, reflecting a year-over-year increase of about 46.6%[32] - The net profit for the current period is 236,734,034.33, a decrease from 252,598,049.59 in the previous period, representing a decline of approximately 6.3%[35] - The total profit for the current period is 271,504,259.40, down from 291,970,459.31, indicating a decrease of about 7.0%[35] - The operating profit for the current period is 271,132,952.34, compared to 306,584,310.69 in the previous period, reflecting a decline of approximately 11.5%[35] - The total comprehensive income for the current period is 236,275,520.69, down from 252,747,189.54, which is a decrease of about 6.5%[38] - The basic and diluted earnings per share for the current period are both 0.3225, down from 0.3426 in the previous period, indicating a decline of approximately 7.5%[38] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,683,780,814.45, reflecting a 16.67% increase from the end of the previous year[3] - The company’s total liabilities increased to RMB 1.186 billion from RMB 1.080 billion, reflecting a rise of about 9.8%[28] - The company’s equity attributable to shareholders reached RMB 2.337 billion, an increase from RMB 2.080 billion, representing a growth of approximately 12.3%[31] - The company's non-current assets totaled RMB 1.574 billion, up from RMB 1.063 billion at the end of 2020, marking an increase of approximately 48.1%[30] - The company's cash and cash equivalents decreased to RMB 348.56 million from RMB 752.20 million at the end of 2020, a decline of approximately 53.7%[22] - Accounts receivable stood at RMB 447.79 million, down from RMB 480.50 million, indicating a decrease of about 6.8%[25] Cash Flow - Operating cash flow for the year-to-date was negative at -¥76,549,899.20, a decline of 121.30% compared to the previous year[6] - The cash flow from operating activities shows a net outflow of -76,549,899.20, contrasting with a net inflow of 359,406,737.73 in the previous period[41] - The cash flow from investing activities shows a net outflow of -604,065,056.81, compared to -20,017,019.49 in the previous period, indicating a substantial increase in cash outflow[41] - The cash flow from financing activities shows a net inflow of 203,823,400.00, compared to a net outflow of -35,674,200.04 in the previous period, reflecting a positive shift in financing cash flow[41] Shareholder Information - Shareholders' equity attributable to the parent company was ¥2,337,360,966.88, up 12.36% year-on-year[3] - The number of ordinary shareholders at the end of the reporting period was 31,816[9] - The company has a total of 240,838,218 shares held by Sichuan Fulian Industrial Group Co., Ltd., which is a significant shareholder[12] - The company completed the registration of the first category of restricted stock incentive plan, granting 4.35 million shares at a price of RMB 4.64 per share[20] - The total number of restricted shares at the beginning of the period was 13,574,981, with 4,350,000 shares added during the period[16] - The company has implemented a stock incentive plan that restricts executives from reducing their holdings by more than 25% of their total shares during their tenure[16] Strategic Initiatives - The increase in revenue was primarily driven by the recovery of production capacity in lithium iron phosphate cathode materials and stable growth in traditional component business[6] - The company plans to acquire a 9% stake in Qinghai Hengxinrong Lithium Industry Technology Co., Ltd. for a total price of RMB 33.3 million[17] - The company aims to further increase its stake in Hengxinrong to 25% through capital increase after becoming a shareholder[20] - A strategic cooperation agreement has been established with Hengxinrong to enhance long-term collaboration in the lithium resource industry chain[20] - The company has signed strategic cooperation agreements with Guizhou Chuanheng Chemical Co., Ltd. to enhance supply chain and value chain collaboration in the lithium battery materials industry[20] - The company has initiated a project to invest in an annual production capacity of 250,000 tons of lithium iron phosphate cathode materials, starting with a phase one project of 60,000 tons[20] Regulatory and Compliance - The company is currently undergoing a review process for its application to issue shares to specific investors, with the final approval from the China Securities Regulatory Commission pending[17] - The third quarter report for 2021 was not audited, which may affect the reliability of the financial data presented[52] - The company adopted the new leasing standards effective January 1, 2021, impacting the financial statements[52]