英搏尔(300681) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 reached ¥142,253,484.68, representing a 36.98% increase compared to the same period last year[3]. - Net profit attributable to shareholders was ¥297,780.07, a significant decrease of 96.80% year-on-year, while year-to-date net profit increased by 929.34% to ¥17,006,111.06[3]. - The company reported a year-to-date operating income of ¥455,223,963.46, which is an 85.53% increase compared to the previous year, driven by the growth in new energy vehicle production and sales[10]. - The company's basic earnings per share decreased by 96.84% to ¥0.0039, while diluted earnings per share remained the same[3]. - The net profit for Q3 2021 was CNY 17,006,111.06, a significant increase compared to CNY 1,652,137.05 in the same period last year, representing a growth of approximately 926.5%[28]. - Operating profit for the period was CNY 14,723,278.69, with total profit amounting to CNY 18,458,420.50, compared to CNY 684,483.46 in the previous year[28]. Cash Flow and Liquidity - Cash flow from operating activities showed a significant decline, with a net cash outflow of ¥93,709,840.70 year-to-date, a decrease of 337.67% compared to the previous year[3]. - The net cash flow from operating activities was CNY -93,709,840.70, a decrease of 337.67% from CNY 39,428,586.69 in the previous period[14]. - Total cash inflow from financing activities was CNY 245,748,179.38, while cash outflow was CNY 123,239,064.41, resulting in a net cash flow of CNY 122,509,114.97[32]. - The company reported cash and cash equivalents at the end of the period amounting to CNY 55,145,215.12, down from CNY 87,421,431.37 at the end of the previous year[32]. - The cash and cash equivalents decreased to CNY 79,268,005.74 from CNY 95,960,323.88 at the end of 2020, a decline of 17.5%[23]. Research and Development - Research and development expenses surged by 212.34% year-on-year to ¥62,634,325.52, reflecting the company's commitment to increasing R&D investment[10]. - The company's R&D expenses for the third quarter of 2021 reached CNY 62,634,325.52, significantly higher than CNY 20,053,557.70 in the same quarter of 2020, reflecting a 212.5% increase[27]. Assets and Liabilities - The total assets of the company as of the end of Q3 2021 were ¥1,468,354,292.24, marking a 34.57% increase from the end of the previous year[3]. - As of September 30, 2021, total assets amounted to CNY 1,468,354,292.24, compared to CNY 1,091,119,187.93 at the end of 2020, representing a growth of 34.6%[26]. - The company's total liabilities as of September 30, 2021, were CNY 860,318,436.87, an increase of 77.5% from CNY 512,520,836.33 at the end of 2020[25]. - Owner's equity totaled CNY 578.60 million, including CNY 109.18 million in undistributed profits[36]. Inventory and Costs - Inventory levels increased by 103.47% year-on-year to ¥494,637,456.59, attributed to increased orders and extended delivery times for raw materials[7]. - The total operating costs for the third quarter of 2021 were CNY 472,743,210.92, up 86.7% from CNY 253,313,994.58 in the previous year[27]. - The company faced significant cost pressures due to rising raw material prices and chip shortages, impacting profit margins despite increased orders[15]. Strategic Initiatives - The company is actively working on new pricing mechanisms and chip replacement solutions to address supply chain challenges[15]. - Future delivery capabilities are expected to improve significantly as chip replacement solutions are implemented and production capacity is released[15]. - The company plans to establish a wholly-owned subsidiary in Heze, Shandong, to build a base for 500,000 lightweight electric vehicle drive systems and power systems[20]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 5,905[17]. - The total equity attributable to the parent company as of September 30, 2021, was CNY 608,035,855.37, an increase from CNY 578,598,351.60 at the end of 2020[26]. Compliance and Accounting Changes - The company has implemented new leasing standards affecting the financial statements, indicating a shift in accounting practices[33]. - The company began implementing the new revenue recognition standards from January 1, 2020[37]. - The report indicates that the company is in compliance with the new leasing standards effective from 2021[38].