星网锐捷(002396) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was CNY 3,904,385,916.30, representing a year-on-year increase of 22.88%[6] - The net profit attributable to shareholders for Q3 2021 was CNY 227,443,432.64, a decrease of 12.57% compared to the same period last year[6] - The net profit after deducting non-recurring gains and losses was CNY 219,418,475.16, down 14.61% year-on-year[6] - The company's operating revenue for the current period reached ¥9,191,186,059.28, an increase of 40.07% compared to the same period last year[14] - Net profit for the current period was ¥682,136,772.03, up from ¥477,163,145.69 in the previous period, indicating a growth of approximately 42.9%[38] - The company reported a total comprehensive income of ¥679,868,981.89 for the current period, compared to ¥476,285,887.08 in the previous period, reflecting an increase of about 42.6%[42] Assets and Liabilities - The total assets as of September 30, 2021, reached CNY 10,892,692,869.75, an increase of 24.98% from the end of the previous year[6] - The total current assets as of September 30, 2021, amount to approximately ¥8.56 billion, an increase from ¥6.68 billion at the end of 2020, representing a growth of 28%[28] - The total assets of the company reached approximately ¥10.89 billion as of September 30, 2021, compared to ¥8.72 billion at the end of 2020, indicating a growth of 25%[30] - The total liabilities increased to ¥5,344,545,788.28 from ¥3,833,000,563.73, reflecting a growth of about 39.4%[34] - The total current liabilities increased to approximately ¥5.16 billion from ¥3.76 billion, indicating a growth of 37%[30] - Total liabilities amounted to 3,833,000,563.73, a decrease of 186,026,309.25 from the previous total of 4,019,026,872.98[56] Cash Flow - The company's cash flow from operating activities showed a significant negative net amount of CNY -163,153,558.42, reflecting a decline of 1,297.61% year-on-year[6] - The net cash flow from operating activities decreased by 1,297.61% to -¥163,153,558.42, primarily due to higher cash payments to employees[20] - Cash flow from operating activities was ¥10,050,663,426.17, compared to ¥7,019,825,384.27 in the previous period, marking an increase of approximately 43.1%[43] - Operating cash inflow totaled ¥10,442,378,764.87, an increase from ¥7,363,965,245.86 year-over-year[46] - Net cash flow from financing activities improved by 318.97% to ¥253,938,315.32, attributed to the absence of previous year’s acquisition payments[20] Expenses - Operating costs increased to ¥6,143,468,069.38, reflecting a growth of 41.51% year-over-year, driven by higher sales volume[17] - Sales expenses rose to ¥1,111,703,247.06, marking a 37.73% increase from the previous year due to expanded sales activities[17] - Research and development expenses increased by 33.58% to ¥1,046,392,445.32, indicating a commitment to innovation[17] - The company reported a profit tax expense of ¥91,301,988.05, a substantial increase of 651.86% compared to the previous year, driven by higher total profits[17] Shareholder Information - The total number of common shareholders at the end of the reporting period is 54,937[21] - The largest shareholder, Fujian Electronic Information (Group) Co., Ltd., holds 26.50% of the shares, equating to 154,551,950 shares[21] Inventory and Contract Assets - Inventory increased by 70.14% to CNY 3,953,538,127.70, driven by increased procurement of strategic raw materials[10] - Contract assets surged by 219.15% to CNY 178,850,749.45, indicating an increase in sales business where the company could not unconditionally collect payments[10] - Contract liabilities surged by 222.52% to ¥752,264,988.80, indicating a significant increase in advance payments received[14] Other Financial Metrics - The weighted average return on net assets was 5.02%, a decrease of 1.06% compared to the same period last year[6] - The basic earnings per share for the current period was ¥0.8158, compared to ¥0.5586 in the previous period, representing an increase of about 46.1%[42] - The company recognized a right-of-use asset of 186,026,309.25 and a lease liability of 139,289,996.70 as part of the new lease accounting implementation[59]