中伟股份(300919) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 reached ¥5,517,707,155.93, representing a 160.09% increase year-over-year[3] - Net profit attributable to shareholders was ¥277,397,786.28, up 119.86% compared to the same period last year[3] - The net profit after deducting non-recurring gains and losses was ¥239,331,287.33, reflecting a 98.91% increase year-over-year[3] - Revenue for the first nine months of 2021 reached CNY 13.87 billion, a 173.26% increase compared to CNY 5.08 billion in the same period of 2020[6] - Net profit for the first nine months of 2021 was CNY 765.11 million, reflecting a 172.98% increase from CNY 280.28 million in the same period of 2020[6] - The total operating revenue for the third quarter of 2021 was CNY 13,873,511,215.74, a significant increase from CNY 5,077,004,258.94 in the same period last year, representing a growth of approximately 173.5%[16] - The net profit for the third quarter was CNY 765,109,998.45, up from CNY 280,280,558.01 in the same quarter of the previous year, reflecting a growth of approximately 173.5%[17] - The total comprehensive income for the period reached CNY 765,640,589.16, compared to CNY 280,280,558.01 in the previous period, indicating a significant increase[18] - Basic and diluted earnings per share were both CNY 1.34, up from CNY 0.55 in the same period last year, reflecting strong profitability growth[18] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥20,686,630,605.06, a 109.72% increase from the end of the previous year[3] - The company's total assets reached CNY 20,686,630,605.06, compared to CNY 9,864,111,074.13 in the previous year, marking an increase of about 109.1%[16] - The company's total liabilities increased significantly, with current liabilities reaching CNY 5.64 billion, a 117.70% increase from CNY 2.59 billion[6] - The total liabilities were reported at CNY 16,106,663,209.44, up from CNY 6,027,423,842.46, which is an increase of approximately 167.5%[16] - The company's fixed assets increased to CNY 3,807,268,801.47 from CNY 2,081,260,402.54, representing a growth of about 83.0%[16] - Non-current liabilities totaled CNY 1,347,325,498.29, reflecting a decrease of CNY 1,442,096.47 from the previous period[25] - Current liabilities reached CNY 4,680,098,344.17, remaining unchanged from the previous period[25] - The company's total liabilities were CNY 6,027,423,842.46, showing a decrease of CNY 1,442,096.47 compared to the previous period[25] Cash Flow - The company's cash flow from operating activities showed a significant improvement, with a net cash flow of -¥722,326,128.69, an increase of 481.85% year-to-date[3] - Operating cash flow for the first nine months of 2021 was negative CNY 722.33 million, worsening by 481.85% compared to negative CNY 124.14 million in the same period of 2020[6] - Cash inflows from operating activities amounted to CNY 12,573,171,589.15, a substantial increase from CNY 4,479,068,270.84 in the previous year[19] - The net cash flow from operating activities was negative CNY 722,326,128.69, worsening from negative CNY 124,143,746.22 in the prior period, indicating increased cash outflows[20] - Cash outflows from investing activities totaled CNY 3,336,954,206.51, significantly higher than CNY 672,253,341.66 in the previous year, reflecting increased investment expenditures[20] - The net cash flow from financing activities was CNY 4,351,680,405.47, compared to CNY 640,359,146.59 in the same period last year, showing a strong financing position[20] - The company reported a cash and cash equivalents balance of CNY 2,327,583,843.65 at the end of the period, up from CNY 371,043,185.40 at the end of the previous year[20] Shareholder Structure - The total number of preferred shareholders is reported, with the top 10 shareholders holding significant stakes in the company[10] - The company has a diverse shareholder base, with various investment funds and partnerships involved[10] - The overall shareholder structure reflects a mix of strategic and financial investors, positioning the company for potential growth[10] - The company is under the control of several related parties, which may influence shareholder decisions and corporate governance[10] - The release of restricted shares may impact the stock price and market perception in the upcoming quarters[11] Investments and Acquisitions - The company completed the acquisition of assets from Hunan Litian for 58.05 million RMB, which includes a project with an annual production capacity of 15,000 tons of battery-grade cobalt sulfate[13] - The company invested 12.5 billion KRW (approximately 67.45 million RMB) to increase its stake in SungEel Hitech to 3.83%, enhancing its position in the electronic waste recycling sector[13] - A new wholly-owned subsidiary was established in Indonesia with a registered capital of 11 billion IDR (approximately 50,000 RMB), with the company holding 99.991% of the equity[13] - The company plans to raise up to 500 million RMB through a private placement to fund the first phase of the Bay Area Industrial Base project and supplement working capital[12] Research and Development - Research and development expenses increased to CNY 491.85 million, a 170.00% rise from CNY 182.16 million year-on-year[6] - Research and development expenses for the quarter were CNY 491,848,834.61, compared to CNY 182,163,759.34 in the previous year, indicating an increase of approximately 170.0%[17] Inventory and Receivables - Accounts receivable increased by 170.84% to ¥3,332,788,898.02, driven by higher sales and revenue growth[5] - Inventory levels rose by 194.51% to ¥4,298,859,602.01, reflecting increased production and sales scale[5] - Accounts receivable increased to approximately 3.33 billion RMB from 1.23 billion RMB year-over-year, reflecting a growth of 170.5%[14] - Inventory surged to approximately 4.30 billion RMB, up from 1.46 billion RMB at the end of 2020, indicating an increase of 194.5%[14] - Accounts payable rose to CNY 2.90 billion, a significant increase of 210.36% from CNY 933.87 million, driven by increased raw material purchases[6]