Lion(SH:605358)2021-10-24 16:00Financial Performance - The company's operating revenue for Q3 2021 reached ¥724,861,220.32, representing an increase of 88.65% year-over-year[2]. - Net profit attributable to shareholders was ¥195,261,058.95, a significant increase of 257.31% compared to the same period last year[2]. - The net profit excluding non-recurring gains and losses was ¥190,416,857.28, reflecting a 432.41% increase year-over-year[2]. - The basic earnings per share for the quarter was ¥0.49, up 226.08% from the previous year[3]. - Total operating revenue for the first three quarters of 2021 reached ¥1,753,244,590.48, a significant increase of 69.8% compared to ¥1,032,761,525.10 in the same period of 2020[15]. - Operating profit for the first three quarters of 2021 was ¥468,906,491.71, compared to ¥216,943,706.96 in the previous year, reflecting a growth of 116.5%[16]. - Net profit attributable to shareholders of the parent company for the first three quarters of 2021 was ¥404,235,970.60, up from ¥184,016,318.74 in 2020, marking an increase of 119.5%[17]. - Basic earnings per share for the first three quarters of 2021 were ¥1.01, compared to ¥0.36 in the same period last year, representing a growth of 180.6%[17]. Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥8,296,846,367.19, an increase of 30.14% compared to the end of the previous year[3]. - The company's total assets reached approximately RMB 8.30 billion as of September 30, 2021, compared to RMB 6.38 billion at the end of 2020, reflecting a growth of about 30%[14]. - The company's current assets totaled approximately RMB 3.15 billion, up from RMB 2.97 billion at the end of 2020, indicating a growth of about 6%[12]. - The company's inventory increased to approximately RMB 740.42 million, compared to RMB 516.28 million at the end of 2020, representing a growth of about 43%[12]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥256,961,371.42, showing a year-over-year increase of 437.48%[3]. - Cash flow from operating activities for the first three quarters of 2021 was ¥1,348,239,454.33, an increase from ¥909,227,956.80 in 2020, indicating a rise of 48.3%[18]. - The net cash flow from operating activities was 256,961,371.42, a significant increase from 47,808,234.79 in the previous year[19]. - Total cash inflow from financing activities amounted to 2,184,471,665.67, compared to 1,581,522,309.49 in the prior year[20]. - Cash outflow for investing activities reached 1,674,041,151.01, up from 249,708,115.71 year-over-year[19]. - The total cash and cash equivalents at the end of the period were 699,284,094.19, compared to 627,266,086.40 at the end of the previous year[20]. Shareholder Information - The company reported a total of 30,488 common shareholders at the end of the reporting period[6]. - The largest shareholder, Wang Minwen, holds 19.88% of the shares, totaling 79,615,720 shares[6]. Operational Highlights - The company experienced significant revenue growth driven by national policy, increased downstream demand, and the rapid development of the smart economy, resulting in a substantial increase in sales orders and product output[9]. - The company has completed the construction of new production lines for 6-inch and 8-inch silicon wafers, with full-capacity operations meeting the growing market demand[10]. - The company has expanded its market share in 8-inch silicon wafers and achieved large-scale shipments of power device chips and compound semiconductor RF chips, with significant increases in production and sales[10]. - The company has improved its profitability through management enhancements, lean production, and effective cost control measures[10]. - The company has adjusted product prices in response to market supply and demand conditions[10]. - The company has strengthened its collaboration with strategic customers and optimized its product structure, focusing on the development of new products and technologies[10]. Research and Development - Research and development expenses for the first three quarters of 2021 amounted to ¥143,898,508.29, compared to ¥71,118,775.65 in the previous year, reflecting an increase of 102.5%[15]. Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[15].