美畅股份(300861) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 reached ¥444,620,290.27, representing a 54.84% increase year-over-year[3] - Net profit attributable to shareholders for Q3 2021 was ¥183,529,159.71, up 75.43% compared to the same period last year[3] - The net profit after deducting non-recurring gains and losses for Q3 2021 was ¥175,292,201.80, reflecting a 74.96% increase year-over-year[3] - The net profit attributable to shareholders for the first nine months of 2021 was ¥551,236,275.34, which is a 69.73% increase compared to the same period last year[8] - Total operating revenue for the period reached ¥1,271,253,511.11, compared to ¥871,325,226.62 in the previous period, representing a significant increase[37] - Net profit for the period was ¥551,236,275.34, compared to ¥327,588,262.26 in the previous period, indicating strong growth[40] - The company's equity attributable to shareholders increased to ¥3,805,347,984.12 from ¥3,454,116,708.78 in the previous period[35] - The basic and diluted earnings per share increased to ¥1.3781 from ¥0.8911, reflecting a growth of 54.6%[43] - The company reported a total comprehensive income of approximately ¥551.24 million, compared to ¥327.59 million in the previous period, indicating an increase of 68.2%[43] Assets and Liabilities - The total assets as of the end of Q3 2021 amounted to ¥4,224,530,261.11, a 14.53% increase from the end of the previous year[3] - Non-current assets totaled ¥819,740,958.63, an increase from ¥625,298,077.39 in the previous period[35] - Total liabilities amounted to ¥419,182,276.99, up from ¥234,503,594.80 in the previous period[35] - The company's cash and cash equivalents decreased by 85.92% to ¥210,593,281.24, primarily due to cash management strategies[12] - Total current assets as of September 30, 2021, amounted to ¥3,404,789,302.48, an increase from ¥3,063,322,226.19 as of December 31, 2020[28] - The trading financial assets increased to ¥2,047,344,466.69 from ¥751,578,472.21 year-over-year[28] Operational Highlights - The company sold 30.8568 million kilometers of diamond wire for electroplating in the first nine months of 2021, generating revenue of ¥1,271,253,511.11, a 45.90% increase year-over-year[8] - The company has expanded its production capacity for silicon cutting diamond wire to over 70 million kilometers annually as of September 2021[8] - The company plans to enhance its product development focusing on thinner wire diameters and improved cutting quality to meet market demands[8] - The company plans to continue expanding its market presence and investing in new product development to sustain growth[19] Cash Flow and Expenses - The company reported a net cash flow from operating activities of ¥217,976,606.47 for the first nine months of 2021, an increase of 33.22% year-over-year[3] - Cash flow from operating activities generated a net amount of approximately ¥217.98 million, up from ¥163.62 million, indicating a year-over-year increase of 33.2%[47] - Total cash inflow from investment activities was approximately ¥6.68 billion, with cash outflow for investment activities totaling approximately ¥7.97 billion, resulting in a net cash outflow of approximately ¥1.30 billion[50] - The cash flow from financing activities showed a net outflow of approximately ¥203.55 million, compared to an inflow of ¥1.65 billion in the previous period[50] - The company received cash from sales of goods and services totaling approximately ¥681.22 million, compared to ¥609.75 million in the previous period, marking an increase of 11.7%[47] - Cash paid to employees increased to approximately ¥188.86 million from ¥137.52 million, reflecting a rise of 37.3%[47] Shareholder Information - The company had a total of 362,434,220 shares with 164,040,926 shares released from restrictions during the reporting period[27] - The top ten unrestricted shareholders held a total of 198,393,294 shares, with significant holdings from Zhang Yingjiu and Jia Haibo at 61,103,551 and 34,744,984 shares respectively[24] - The company reported a total of 198,393,294 restricted shares as of August 24, 2021, with various shareholders having their shares released on that date[24] - The company is actively managing its shareholder structure, with several private equity funds involved in its capital[23] Inventory and Receivables - The company’s inventory increased by 53.60% to ¥334,848,093.79, driven by the need for higher safety stock levels[12] - The accounts receivable financing rose by 64.08% to ¥537,257,541.36, reflecting growth in the company's main business sales[12] - Accounts receivable stood at ¥247,885,856.18, slightly up from ¥244,298,013.38 in the previous year[28] - Inventory levels rose to ¥334,848,093.79 compared to ¥217,997,876.62 in the previous year[28] Research and Development - Research and development expenses for the period were ¥62,020,318.64, down from ¥70,349,985.66 in the previous period[40] Other Financial Metrics - The company reported a significant increase in other income, totaling ¥33,178,097.60, which is a 682.03% increase attributed to government subsidies[16] - The financial expenses decreased by 77.34%, resulting in a net financial income of -¥1,897,547.61, influenced by changes in deposit balances and foreign exchange rates[16] - The company's deferred income tax liabilities increased to ¥79,440,059.25 from ¥50,583,825.66 in the previous period[35] Audit Status - The third-quarter report was not audited, indicating that the figures presented are preliminary[60]