新强联(300850) - 2021 Q3 - 季度财报

Revenue and Profitability - Revenue for Q3 2021 was CNY 639,099,523.65, a decrease of 16.84% compared to the same period last year[5] - Net profit attributable to shareholders for Q3 2021 was CNY 224,638,669.12, an increase of 41.72% year-on-year[5] - Basic earnings per share for Q3 2021 was CNY 1.22, reflecting a growth of 27.08% compared to the previous year[5] - Operating revenue increased by 44.94% to CNY 1,899,776,434.90, driven by growth in wind power product sales[13] - Net profit for the period was ¥399,922,502.42, compared to ¥258,823,335.02 in the previous period, reflecting an increase of approximately 55%[37] - The net profit attributable to the parent company for the current period is approximately CNY 399.92 million, compared to CNY 258.82 million in the previous period, representing a significant increase[40] Assets and Liabilities - Total assets at the end of Q3 2021 reached CNY 5,653,900,241.50, representing a 69.43% increase from the end of the previous year[7] - The company's equity attributable to shareholders reached ¥3,321,207,276.09, compared to ¥1,513,419,494.07 in the previous period, representing a growth of approximately 120%[34] - The total liabilities of the company were ¥2,332,692,965.41, compared to ¥1,823,616,929.57, reflecting an increase of approximately 28%[34] - Non-current liabilities totaled ¥737,983,557.60, up from ¥675,935,926.47, indicating an increase of about 9%[34] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 512,487,013.67, a decline of 230.05% compared to the same period last year[5] - The company reported a cash inflow of CNY 7.56 million from tax refunds, which is an increase from CNY 2.26 million in the previous period[44] - Total cash inflow from investment activities is CNY 204.25 million, while cash outflow is CNY 1.45 billion, resulting in a net cash outflow of approximately CNY 1.25 billion[47] - Cash inflow from financing activities totals approximately CNY 2.19 billion, compared to 525.30 million in the previous period, indicating a strong increase in financing[47] - The net cash flow from financing activities is approximately CNY 1.63 billion, a significant improvement from a net outflow of CNY 59.68 million in the previous period[47] Investments and Financial Assets - Trading financial assets increased by 425.41% to CNY 1,066,940,074.95 due to the purchase of CNY 800 million in structured deposits[10] - Long-term equity investments reached CNY 145,000,000.00, marking a 100% increase attributed to subsidiary investments[13] - Investment income reached CNY 4,070,920.60, a 100% increase due to dividends from investments[13] Shareholder Equity and Capital - Shareholders' equity attributable to the parent company was CNY 3,321,207,276.09, up 119.45% year-on-year[7] - The company’s capital reserve grew by 216.27% to CNY 1,993,002,532.39, resulting from the issuance of new shares[13] - The company issued 13,746,351 shares to specific investors, which were listed on the Shenzhen Stock Exchange on August 24, 2021[27] Operational Changes and Strategies - The company completed the absorption merger of its wholly-owned subsidiary, improving resource integration and asset utilization efficiency[25] - The company plans to continue expanding its market presence and enhancing product development strategies[25] - The company is actively promoting the related work of the absorption merger[27] Other Financial Metrics - Financial expenses surged by 465.67% to CNY 55,170,112.36, mainly due to increased interest from subsidiary financing[13] - Research and development expenses were ¥78,132,161.92, compared to ¥64,392,116.03 in the previous period, showing a growth of about 21%[37] - Deferred tax assets increased by 102.99% to CNY 30,453,172.53, primarily due to an increase in credit impairment provisions[13] Current Assets and Inventory - As of September 30, 2021, the company's total current assets amounted to approximately 4.00 billion RMB, an increase from 2.37 billion RMB at the end of 2020[28] - The company's cash and cash equivalents were approximately 953.80 million RMB, slightly down from 965.31 million RMB at the end of 2020[28] - The company's accounts receivable increased significantly to approximately 1.02 billion RMB from 400.76 million RMB in the previous year[28] - Inventory decreased to approximately 318.86 million RMB from 350.22 million RMB at the end of 2020[28] Audit and Investor Confidence - The company has not undergone an audit for the third quarter report, which may impact investor confidence[50]