天铁股份(300587) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 reached ¥503,944,151.09, representing a 48.30% increase year-over-year[4] - Net profit attributable to shareholders was ¥141,144,662.56, a significant increase of 123.51% compared to the same period last year[4] - Operating revenue increased by 66.04% compared to the same period last year, driven by business scale growth[10] - Net profit attributable to shareholders increased by 143.65% year-on-year, indicating strong profitability maintenance[10] - Operating profit for Q3 2021 was ¥360,179,004.66, up 138.0% from ¥151,130,485.19 in Q3 2020[25] - Net profit for Q3 2021 was ¥306,673,450.69, representing a 142.6% increase from ¥126,354,269.11 in Q3 2020[26] - Total comprehensive income for Q3 2021 was ¥306,673,450.69, compared to ¥126,354,269.11 in Q3 2020, marking a growth of 142.6%[26] Earnings and Shareholder Returns - The basic earnings per share (EPS) for the quarter was ¥0.240, up 17.07% year-over-year, while diluted EPS increased by 32.60% to ¥0.240[4] - Basic earnings per share increased by 31.58% compared to the same period last year[10] - Earnings per share for Q3 2021 were ¥0.500, compared to ¥0.380 in the same quarter last year, reflecting a growth of 31.6%[26] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥3,558,656,508.37, reflecting a 20.00% increase from the end of the previous year[4] - Total liabilities decreased by 34.99% compared to the beginning of the year, mainly due to the conversion of convertible bonds[10] - Total liabilities as of Q3 2021 amounted to ¥1,749,755,412.05, an increase of 41.6% from ¥1,236,303,669.75 in the previous year[25] - Total equity reached ¥1,808,901,096.32 in Q3 2021, up from ¥1,729,162,264.47, indicating a growth of 4.2% year-over-year[25] - The total liabilities as of the end of the reporting period were CNY 2,965,465,934.22, with a significant portion attributed to short-term borrowings[32] Cash Flow - Cash flow from operating activities showed a substantial increase of 261.16%, totaling ¥55,250,740.54 year-to-date[4] - Cash flow from operating activities increased by 261.16% year-on-year, primarily due to higher collections from accounts receivable[11] - The cash inflow from operating activities reached CNY 926,722,164.44, an increase from CNY 662,160,290.21 in the previous period[27] - The net cash flow from operating activities was CNY 55,250,740.54, a significant improvement compared to a net outflow of CNY -34,284,083.29 in the same period last year[27] Investments and R&D - R&D expenses rose by 111.55% year-on-year, reflecting the company's increased investment in new product development[10] - Research and development expenses for Q3 2021 were ¥56,823,799.28, which is a 111.2% increase from ¥26,861,300.79 in Q3 2020[25] - The company reported a 68.44% increase in long-term equity investments due to additional investments in Henan Tianji Tire Co., Ltd.[9] Shareholder Information and Corporate Actions - The number of ordinary shareholders at the end of the reporting period was 12,482[13] - The company plans to issue shares to no more than 35 specific investors to raise funds of 810 million yuan[17] - The acquisition of the remaining 40% equity in Changjili New Energy has been completed, changing its status from a subsidiary to a wholly-owned subsidiary[17] - The company established a wholly-owned subsidiary, Anhui Tiantie Lithium Energy Co., Ltd., in September 2021[19] - The company completed the deregistration of its subsidiary Zhejiang Kaideli New Materials Co., Ltd. in July 2021[19] Other Financial Metrics - Accounts receivable increased by 32.29% year-to-date, attributed to the growth in business scale[8] - Other income increased by 54.40% year-on-year, attributed to increased government subsidies[10] - The company experienced a credit impairment loss of ¥38,475,462.61 in Q3 2021, worsening from a loss of ¥20,702,000.77 in Q3 2020[25] - The company reported accounts payable of CNY 287,165,649.76, which is a critical component of its working capital management[33] - The company has a total of CNY 27,902,378.54 in contract liabilities, indicating future revenue obligations[33]