CFMOTO(SH:603129)2021-10-28 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥2,081,305,121.27, representing a year-on-year increase of 52.53%[7] - The net profit attributable to shareholders for the same period was ¥98,923,419.77, a decrease of 19.33% compared to the previous year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥88,424,666.14, down 14.16% year-on-year[7] - Total operating revenue for the first three quarters of 2021 reached ¥5,688,132,645.06, a significant increase from ¥3,146,660,505.48 in the same period of 2020, representing a growth of approximately 80.5%[28] - Net profit attributable to shareholders of the parent company for Q3 2021 was ¥320,029,467.48, compared to ¥296,610,347.97 in Q3 2020, reflecting an increase of about 7.9%[31] - The company reported a net profit margin of approximately 5.5% for Q3 2021, compared to 5.5% in Q3 2020, indicating stable profitability despite increased revenues[31] - The total comprehensive income for the period attributable to the parent company's owners was CNY 340,286,525.50, an increase from CNY 299,263,720.35 in the previous year, representing a growth of approximately 13.7%[33] Assets and Liabilities - The total assets at the end of the reporting period reached ¥6,992,667,417.11, an increase of 66.44% compared to the end of the previous year[10] - The company's total assets reached ¥6,992,667,417.11 in Q3 2021, up from ¥4,201,268,957.28 in Q3 2020, representing an increase of about 66.5%[28] - The company's current assets amounted to CNY 5,769,365,612.86, up from CNY 3,142,193,579.28 in the previous year, indicating a growth of about 83.3%[23] - Total liabilities as of Q3 2021 amounted to ¥3,531,938,404.74, up from ¥2,685,144,684.77 in Q3 2020, indicating a growth of approximately 31.6%[28] - The total liabilities of the company were not explicitly stated, but accounts payable increased to CNY 1,471,939,086.32 from CNY 1,204,806,264.75, indicating a growth of about 22.2%[23] - The company reported a decrease in long-term liabilities to approximately $70.03 million, down from $75.84 million[45] Shareholder Equity - The equity attributable to shareholders increased by 130.34% year-on-year, amounting to ¥3,444,688,508.98[10] - The company's total equity attributable to shareholders reached ¥3,444,688,508.98 in Q3 2021, compared to ¥1,495,490,847.20 in Q3 2020, marking an increase of around 130.2%[28] - Shareholders' equity amounted to approximately $1.52 billion, with retained earnings at approximately $640.55 million[45] Cash Flow - Cash generated from operating activities for the year-to-date period decreased by 60.50% to ¥267,670,810.76[7] - Cash inflows from operating activities totaled CNY 5,995,831,741.04, compared to CNY 3,519,898,670.44 in the previous year, reflecting a significant increase of approximately 70.5%[37] - Cash outflows from operating activities amounted to CNY 5,728,160,930.28, up from CNY 2,842,252,534.24, resulting in a net cash flow from operating activities of CNY 267,670,810.76, down from CNY 677,646,136.20[37] - The net increase in cash and cash equivalents for the period was CNY 2,137,901,669.19, compared to CNY 209,186,189.26 in the previous year, reflecting a growth of over 923%[39] - The ending balance of cash and cash equivalents was CNY 2,996,823,238.25, significantly higher than CNY 730,273,951.51 at the end of the previous year[39] Investments and Expenses - Research and development expenses for the first three quarters of 2021 were ¥256,050,242.54, up from ¥150,806,523.86 in the same period of 2020, representing a growth of approximately 69.5%[28] - The total cost of operations for Q3 2021 was ¥5,326,243,739.54, compared to ¥2,813,331,923.24 in Q3 2020, reflecting an increase of about 89.3%[28] - The company reported non-recurring gains of ¥10,498,753.63 for the year-to-date period, down from ¥24,092,154.14 in the previous year[12] - The company received CNY 310,641,962.61 in tax refunds, up from CNY 101,252,319.99 in the previous year, marking an increase of approximately 206.5%[37] Other Financial Metrics - Basic and diluted earnings per share for Q3 2021 were both ¥0.74, a decrease of 20.43% compared to the same period last year[10] - Basic and diluted earnings per share were both CNY 2.42, up from CNY 2.26 in the same period last year, indicating an increase of about 7.1%[33] - The deferred income tax liabilities increased to ¥18,993,311.07 in Q3 2021 from ¥7,543,931.83 in Q3 2020, showing a growth of approximately 151.1%[28]