SCAC(600618)2021-10-25 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥1,669,780,978.59, representing a year-over-year increase of 29.09%[7] - Net profit attributable to shareholders for Q3 2021 reached ¥477,396,925.61, a significant increase of 149.16% compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥478,666,537.95, reflecting a 148.47% year-over-year growth[7] - The basic earnings per share for Q3 2021 was ¥0.4128, up 149.12% from the previous year[9] - Net profit for the third quarter of 2021 was ¥1,141,321,666.16, up from ¥337,487,315.10 in the third quarter of 2020, representing a significant increase[30] - Operating profit for the third quarter of 2021 was ¥1,289,914,625.82, compared to ¥373,366,371.24 in the same quarter of the previous year[30] - The total comprehensive income for the period amounted to CNY 1,160,623,366.25, a decrease of 2.2% compared to the previous year[32] - Basic and diluted earnings per share were CNY 0.9889, up from CNY 0.2924 in the same period last year, representing an increase of 238%[32] Assets and Equity - The total assets at the end of the reporting period were ¥8,450,760,356.60, marking a 35.97% increase from the end of the previous year[9] - The total equity attributable to shareholders increased by 21.34% to ¥6,237,770,664.23 compared to the previous year[9] - The total assets reached ¥8,450,760,356.60, compared to ¥6,214,957,737.22 at the end of 2020[22] - Non-current assets totaled ¥4,388,745,890.40, up from ¥3,256,548,006.21 in the previous year[22] - The total equity attributable to shareholders reached ¥6,237,770,664.23, an increase from ¥5,140,749,296.66 year-over-year[27] Cash Flow - Cash flow from operating activities for the year-to-date period was ¥647,624,174.39, showing a 54.40% increase year-over-year[7] - Cash inflow from investment activities was CNY 215,700,085.79, compared to CNY 185,339,740.20 in the previous year, reflecting a growth of 16.4%[37] - Cash outflow for investment activities was CNY 893,649,593.77, significantly higher than CNY 224,002,917.18 in the previous year, indicating an increase of 299%[37] - Net cash flow from financing activities was CNY 641,852,839.13, compared to CNY 15,057,561.38 in the previous year, showing a substantial increase[37] - The ending balance of cash and cash equivalents was CNY 2,831,830,244.98, up from CNY 2,298,257,479.44 in the previous year, marking an increase of 23.2%[37] - The company reported a total cash inflow from operating activities of CNY 3,690,620,827.15, slightly down from CNY 3,692,689,101.75 in the previous year[36] Liabilities - Total liabilities as of the reporting date amounted to ¥2,080,302,200.61, compared to ¥939,319,363.98 in the previous year, reflecting a growth in financial obligations[27] - Deferred income tax liabilities increased to ¥21,770,093.53 from ¥18,922,524.50 year-over-year, suggesting changes in tax obligations[27] Investment and R&D - The company reported investment income of ¥232,078,621.44 in the third quarter of 2021, significantly higher than ¥88,617,564.57 in the same quarter of 2020[30] - Research and development expenses increased to ¥116,556,475.01 in the third quarter of 2021, up from ¥77,137,263.98 in the same quarter of 2020, indicating a focus on innovation[30] Shareholder Information - The total number of common shareholders at the end of the reporting period was 91,370[15] - Shanghai Huayi (Group) Company held 538,805,647 shares, accounting for 46.59% of total shares[15] Other Observations - The company attributed the significant profit growth to increased sales prices and volumes of its main products, as well as higher investment income[14] - The company has no significant new product or technology developments mentioned in the reports[18] - There are no notable market expansion or acquisition strategies highlighted in the current reports[18]