东岳硅材(300821) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 reached ¥1,213,844,388.38, representing a 97.05% increase compared to the same period last year[4] - Net profit attributable to shareholders was ¥408,003,644.70, a significant increase of 1,286.70% year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥406,610,240.51, up 1,161.31% from the previous year[4] - The total profit for the year-to-date was ¥916,157,236.01, a 591.62% increase compared to the same period last year[10] - The net profit for the period reached CNY 777,939,698.18, compared to CNY 112,850,428.27 in the previous year, indicating a significant increase[36] - The earnings per share (EPS) for the current period was CNY 0.65, compared to CNY 0.10 in the same quarter last year[36] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥5,763,131,264.67, reflecting a growth of 28.11% compared to the end of the previous year[4] - The total assets increased to CNY 5,763,131,264.67 from CNY 4,498,417,305.64, representing a growth of 27.8%[28] - The total liabilities rose to CNY 1,056,060,861.58, compared to CNY 419,286,600.73, marking a substantial increase[28] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥429,453,072.03, an increase of 328.46% year-on-year[10] - The cash inflow from operating activities for the current period is CNY 1,175,373,936.05, an increase from CNY 1,015,895,669.55 in the previous period, representing a growth of approximately 15.7%[40] - The net cash flow from operating activities is CNY 429,453,072.03, significantly higher than CNY 100,232,096.18 in the previous period, indicating a substantial increase of 328.5%[40] - The cash inflow from investment activities is CNY 706,812,054.79, compared to CNY 32,317,743.36 in the previous period, showing a dramatic increase of 2,090.5%[42] - The net cash flow from investment activities is -CNY 237,546,624.83, an improvement from -CNY 979,744,945.72 in the previous period, reflecting a reduction in losses[42] - The cash outflow from financing activities totals CNY 151,000,000.00, down from CNY 294,772,376.10 in the previous period, indicating a decrease of 48.8%[43] - The ending balance of cash and cash equivalents is CNY 2,043,765,231.67, up from CNY 1,896,837,379.32 in the previous period, representing an increase of 7.8%[43] Shareholder Information - Total number of common shareholders at the end of the reporting period is 91,132[14] - The largest shareholder, Dongyue Fluorosilicone Technology Group Co., Ltd., holds 57.75% of shares, totaling 693,000,000 shares[14] - The company has a total of 10 major shareholders, with the top 10 holding a significant portion of shares[14] - The number of restricted shares at the end of the period is 90,000,000, with 84,074,598 shares released from restriction during the period[18] Research and Development - Research and development expenses increased to ¥160,871,123.83, a rise of 32.95% compared to the previous year[10] - Research and development expenses for the quarter were CNY 160,871,123.83, up from CNY 120,999,808.80, reflecting a year-over-year increase of 33%[33] - The company is actively involved in the research and development of silicon products and related technologies[19] Inventory and Accounts Receivable - The company's inventory increased by 105.81% to ¥377,025,513.02, attributed to rising raw material prices and increased stock[7] - Inventory as of September 30, 2021, is valued at RMB 377,025,513.02, compared to RMB 183,187,205.14 at the end of 2020, indicating significant growth[22] - The company reported a significant increase in accounts receivable, which rose by 98.31% to ¥63,626,070.87, due to increased product prices and extended credit terms to select customers[7] - The company reported an increase in accounts receivable to RMB 63,626,070.87 from RMB 32,084,092.86 year-over-year[22] - The company reported a significant increase in accounts payable, which rose to CNY 836,573,224.92 from CNY 324,547,321.73, an increase of 158.5%[28] Tax and Employee Expenses - The company received tax refunds amounting to CNY 26,629,986.56, compared to CNY 8,429,887.77 in the previous period, marking an increase of 215.5%[40] - The cash paid to employees increased to CNY 119,653,234.10 from CNY 83,565,427.10, reflecting a rise of 43.2%[40] - The cash paid for taxes rose to CNY 97,948,960.23 from CNY 35,402,655.21, indicating an increase of 176.5%[40] Market Expansion - The company has plans for market expansion and new product development, although specific details were not disclosed in the report[30]