CHANGYU(000869)2021-10-27 16:00Revenue and Profit - Revenue for the third quarter reached ¥796,762,047, an increase of 2.92% year-over-year, while year-to-date revenue totaled ¥2,671,222,485, reflecting a growth of 21.82%[4] - Net profit attributable to shareholders was ¥79,742,460, a decrease of 6.32% compared to the same period last year, with year-to-date net profit at ¥451,564,279, up 11.84%[4] - Total operating revenue for Q3 2021 reached CNY 2,671,222,485, an increase of 21.8% compared to CNY 2,192,739,690 in Q3 2020[16] - Net profit for Q3 2021 was CNY 449,107,818, compared to CNY 407,207,523 in Q3 2020, representing an increase of 10.3%[16] - The net profit attributable to the parent company for Q3 2021 was CNY 451,564,279, an increase of 11.8% compared to CNY 403,760,926 in the same period last year[17] - The total comprehensive income attributable to the parent company for Q3 2021 was CNY 434,423,409, up from CNY 401,128,978 in Q3 2020, reflecting a growth of 8.3%[17] Earnings Per Share - Basic and diluted earnings per share remained at ¥0.12 for the quarter, with year-to-date earnings per share at ¥0.66, an increase of 11.86%[4] - Basic and diluted earnings per share for Q3 2021 were both CNY 0.66, up from CNY 0.59 in Q3 2020, indicating a growth of 11.9%[17] Cash Flow - The net cash flow from operating activities for the year-to-date period increased by 213.82%, amounting to ¥792,193,127, primarily due to higher cash receipts from sales[4][8] - Operating cash flow for the period was CNY 792,193,127, significantly higher than CNY 252,437,074 in the previous year, marking a year-over-year increase of 213.5%[18] - Cash received from sales of goods and services reached CNY 2,812,156,999, compared to CNY 2,310,331,855 in the same period last year, representing a growth of 21.7%[18] - The net cash flow from investing activities was -CNY 137,248,160, worsening from -CNY 75,766,375 in the previous year[19] - The net cash flow from financing activities was -CNY 299,502,924, an improvement from -CNY 549,249,697 in the same period last year[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥13,336,405,794, representing a 1.79% increase from the end of the previous year[4] - Current assets totaled CNY 5,167,540,029, an increase of 3.6% from CNY 4,989,551,216 at the end of 2020[14] - Total liabilities increased to CNY 2,681,644,220 from CNY 2,598,050,907, marking a rise of 3.2%[15] - The company reported a decrease in long-term payables to CNY 64,000,000 from CNY 86,000,000, a reduction of 25.6%[15] - Total liabilities were CNY 2,598,050,907, down by CNY 107,870,245 from the previous period[23] Expenses - Sales expenses increased by 38.70%, attributed to higher marketing investments[8] - Research and development expenses for the quarter were CNY 3,723,499, compared to CNY 2,675,257 in the previous year, indicating a growth of 39.1%[16] Other Income and Comprehensive Income - Other income decreased by 45.52%, mainly due to a reduction in government subsidies received[8] - The company reported a decrease in other comprehensive income attributable to the parent company, with a net amount of -CNY 17,140,870 compared to -CNY 2,631,948 in the previous year[17] Financial Reporting and Standards - The company does not have any non-recurring gains or losses to report for the period[6] - The third-quarter report was not audited, indicating preliminary financial results[24] - The company has implemented a new leasing standard effective from January 1, 2021, impacting financial reporting[24]