SMEIC(600835)2021-10-27 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥6,797,067,215.78, representing a year-on-year increase of 10.68%[5] - The net profit attributable to shareholders for Q3 2021 was ¥307,268,046.81, showing a decrease of 5.67% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥291,492,636.09, down 8.12% year-on-year[5] - The basic earnings per share for Q3 2021 was ¥0.30, a decrease of 6.25% compared to the previous year[9] - Total operating revenue for the first three quarters of 2021 reached ¥18,231,984,981.06, an increase of 6.5% compared to ¥17,118,783,818.27 in the same period of 2020[28] - Net profit for the third quarter of 2021 was ¥1,480,965,446.19, compared to ¥1,448,955,741.54 in the previous year, indicating a growth of 2.2%[30] - Earnings per share for the third quarter were ¥0.90, consistent with the previous year[32] Assets and Liabilities - The total assets at the end of Q3 2021 amounted to ¥38,731,816,280.05, an increase of 7.08% from the end of the previous year[9] - Total assets as of September 30, 2021, amounted to CNY 38,731,816,280.05, an increase from CNY 36,171,791,042.04 at the end of 2020, reflecting a growth of approximately 7%[19] - Current assets totaled CNY 32,268,692,267.59, up from CNY 29,680,522,530.79, indicating an increase of about 9% year-over-year[22] - Total liabilities increased to ¥23,736,959,021.64 from ¥21,784,871,683.92, marking an increase of 8.9%[24] - Total liabilities were not explicitly stated, but current liabilities included contract liabilities of CNY 16,408,947,501.38, up from CNY 15,292,728,074.24, indicating an increase of approximately 7%[22] Shareholder Information - The number of common shareholders at the end of the reporting period was 66,595, with the largest shareholder, Shanghai Electric Group, holding 48.02% of shares[16] - The top ten shareholders collectively held a significant portion of the company's equity, with the largest non-restricted shareholder also being Shanghai Electric Group[16] - The company has no significant related party transactions among the top ten shareholders, ensuring transparency in ownership structure[16] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥1,082,761,008.68, representing a 3.00% increase[9] - Cash flow from operating activities for the first three quarters was ¥19,698,168,201.37, an increase from ¥17,693,474,076.96 in the same period of 2020[32] - Operating cash inflow totaled approximately 17.93 billion year-over-year[36] - Cash outflow from operating activities was about 16.88 billion in the previous year[36] - Net cash flow from operating activities was approximately 1.05 billion year-over-year[36] Expenses - The company experienced a 29.73% rise in selling expenses, primarily due to a low base effect from the previous year impacted by the pandemic[13] - Research and development expenses for the third quarter were ¥564,285,728.99, slightly down from ¥586,265,594.44 in the previous year[30] - Total operating costs for the same period were ¥16,722,759,751.37, up from ¥15,623,328,139.03, reflecting a year-over-year increase of 7.0%[28] Non-Recurring Items - The company recorded a total of ¥15,775,410.72 in non-recurring gains for the current period[10] - The company reported an investment income of ¥226,655,228.32, up from ¥203,054,659.42 year-over-year[30] Inventory and Receivables - The company reported a 39.68% increase in accounts receivable, attributed to increased sales by subsidiaries[13] - Accounts receivable stood at CNY 4,296,453,407.10, an increase from CNY 3,075,909,779.60, marking a rise of about 40%[19] - Inventory decreased slightly to CNY 9,156,466,560.98 from CNY 9,250,267,372.46, showing a decline of around 1%[19] - The company reported a notable increase in prepayments, which rose to CNY 2,172,399,809.34 from CNY 1,542,146,438.07, reflecting a growth of about 41%[19]