龙磁科技(300835) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 reached ¥205,357,857.96, representing a 39.60% increase compared to the same period last year[3] - Net profit attributable to shareholders was ¥41,558,825.86, a significant increase of 145.27% year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥38,934,434.15, reflecting a 174.80% increase compared to the previous year[3] - The weighted average return on equity was 4.59%, up by 2.57 percentage points year-on-year[3] - The company reported a 65.78% increase in operating revenue for the year-to-date, totaling ¥607,842,846.59[7] - The total operating revenue for the third quarter of 2021 was RMB 607,842,846.59, an increase of 65.8% compared to RMB 366,665,363.04 in the same period last year[18] - The net profit attributable to the parent company for the third quarter of 2021 was RMB 106,736,792.00, compared to RMB 32,592,826.80 in the same period last year, representing a growth of 227.5%[18] - The net profit for Q3 2021 was CNY 103,719,101.06, a significant increase from CNY 37,439,103.53 in Q3 2020, representing a growth of approximately 177.7%[19] - The total revenue from operating activities reached CNY 511,517,609.81, compared to CNY 323,928,443.56 in the same period last year, indicating a year-over-year increase of about 58%[20] - The basic and diluted earnings per share for Q3 2021 were both CNY 1.47, up from CNY 0.62 in Q3 2020, reflecting a growth of approximately 137.1%[20] - The total operating profit for Q3 2021 was CNY 112,432,283.70, compared to CNY 42,312,649.15 in Q3 2020, representing an increase of approximately 165.6%[19] - The company reported a total comprehensive income of CNY 103,333,679.74 for Q3 2021, significantly higher than CNY 30,714,468.27 in Q3 2020, marking an increase of approximately 236.5%[20] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥1,187,068,298.91, an increase of 11.45% from the end of the previous year[3] - As of September 30, 2021, total assets amounted to RMB 1,187,068,298.91, an increase from RMB 1,065,097,884.02 at the end of 2020[17] - The company's cash and cash equivalents decreased to RMB 95,290,112.22 from RMB 139,071,570.18 at the end of 2020, a decline of 31.5%[14] - Inventory as of September 30, 2021, was RMB 204,894,439.46, up 15.0% from RMB 178,252,821.26 at the end of 2020[15] - The total liabilities as of September 30, 2021, were RMB 261,037,135.76, compared to RMB 228,249,500.95 at the end of 2020, indicating an increase of 14.3%[16] - Total assets amounted to ¥1,065,097,884.02, a slight decrease from ¥1,066,003,522.67[25] - Total liabilities were reported at ¥228,249,500.95, compared to ¥229,155,139.60 in the previous period[26] - Non-current liabilities totaled ¥33,612,200.58, down from ¥33,994,945.76[26] - Current liabilities reached ¥194,637,300.37, a decrease from ¥195,160,193.84[25] - The company's equity attributable to shareholders was ¥836,848,383.07, unchanged from the previous report[26] - The company reported a short-term loan of ¥82,983,182.67, consistent with the previous period[25] - The company has a long-term loan of ¥5,725,654.56, unchanged from the previous report[26] - The total non-current assets were ¥480,628,123.28, a decrease from ¥481,533,761.93[25] Cash Flow and Investments - Cash flow from operating activities for the year-to-date was ¥39,430,584.35, showing a 10.86% increase[3] - The cash received from sales of goods and services was ¥511,517,609.81, a 57.91% increase year-on-year[8] - The net cash flow from operating activities was CNY 39,430,584.35, compared to CNY 35,568,897.27 in the previous year, showing an increase of about 10.5%[22] - The total cash outflow from investing activities was CNY 265,923,265.33, compared to CNY 161,622,064.35 in the previous year, reflecting an increase of approximately 64.5%[22] Research and Development - Research and development expenses for the period were ¥27,213,273.38, which is a 38.83% increase compared to the same period last year[7] Production and Operations - The company signed an investment agreement on August 18, 2021, to establish four new production projects with a total planned output of 15,000 tons of permanent magnet ferrite and 20 million brushless electronic commutators annually[12] - The company temporarily suspended production in Vietnam due to COVID-19 from July 30, 2021, and has not yet resumed operations[12] Credit and Audit - The company incurred a credit impairment loss of CNY -414,263.84, compared to a gain of CNY 224,404.02 in the previous year, indicating a negative shift in credit quality[19] - The company did not conduct an audit for the third quarter report[27]