DAWEI(002213)2021-10-26 16:00Financial Performance - The company's revenue for Q3 2021 reached ¥235,573,912.83, representing an increase of 88.58% compared to the same period last year[3]. - Net profit attributable to shareholders was ¥4,685,015.48, up 131.16% year-on-year, while the net profit after deducting non-recurring gains and losses was ¥2,945,714.39, an increase of 75.90%[3]. - The company's operating revenue for Q3 2021 reached CNY 570.16 million, an increase of 142.84% compared to CNY 234.79 million in the same period last year[8]. - The net profit for Q3 2021 was ¥11,763,548.66, compared to ¥4,161,971.16 in Q3 2020, representing an increase of approximately 183%[22]. - The net profit attributable to the parent company was ¥7,919,965.30, up from ¥2,297,216.97, marking a growth of about 245%[22]. - The total comprehensive income for Q3 2021 was ¥11,868,108.39, compared to ¥4,161,971.16 in the same period last year, indicating an increase of around 185%[22]. Assets and Liabilities - The total assets at the end of Q3 2021 amounted to ¥718,407,797.58, reflecting a growth of 41.24% from the end of the previous year[3]. - The total liabilities of the company as of September 30, 2021, were RMB 289,182,530.39, compared to RMB 106,733,942.51 at the end of 2020, indicating an increase of about 171.5%[19]. - Total assets amounted to approximately CNY 508.64 million, with current assets at CNY 337.78 million and non-current assets at CNY 170.86 million[28]. - Total liabilities reached CNY 106.73 million, with current liabilities at CNY 104.22 million and non-current liabilities at CNY 2.52 million[29]. Cash Flow - Cash flow from operating activities showed a net outflow of ¥74,403,174.83, a decrease of 49.64% compared to the previous year[3]. - The net cash flow from operating activities was -¥74,403,174.83, worsening from -¥49,722,500.22 in the previous year[24]. - Operating cash inflow for Q3 2021 was ¥562,699,565.56, significantly higher than ¥218,699,158.96 in Q3 2020, reflecting an increase of approximately 157%[24]. - The total cash outflow from investing activities was ¥22,045,736.43, compared to ¥298,669,714.42 in the previous year, indicating a significant reduction in investment spending[25]. - The net cash flow from financing activities was ¥33,189,222.14, an increase from ¥8,913,363.30 in Q3 2020, reflecting a growth of approximately 272%[25]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10,140, with no preferred shareholders[10]. - The top shareholder, Shenzhen Chuangtong Investment Development Co., Ltd., holds 19.49% of the shares, equating to 40,146,515 shares[10]. Inventory and Receivables - The company's inventory increased by 141.54% to ¥142,151,403.50, attributed to the expansion of business scale[7]. - The accounts receivable rose by 51.06% to ¥180,684,535.74, indicating increased business activity[7]. - The company reported accounts receivable of CNY 119.61 million and inventory of CNY 58.85 million[28]. Government Subsidies and Other Income - The company received government subsidies amounting to ¥1,421,410.05 during the reporting period, primarily related to rent and research and development support[5]. - The company received a government subsidy of RMB 6 million, which is related to the daily operations of its subsidiary, Sichuan Oule Intelligent Technology Co., Ltd.[14]. - Other income rose by 45.94% to CNY 2.38 million, mainly from increased government subsidies[8]. Operational Changes - The company plans to provide counter-guarantees for its subsidiaries' financing needs to enhance operational efficiency[13]. - The board approved the nomination of He Qiang as a non-independent director, effective from the date of the fourth extraordinary general meeting[13]. - The company appointed two new vice presidents with a salary cap of RMB 620,000 per year, effective from August 24, 2021[14]. - The company signed a trademark licensing agreement with its affiliate, Shenzhen Dahuai Hongde Automotive Industry Co., Ltd., to enhance the market value of its "Teljia" brand[15]. Research and Development - R&D expenses increased by 46.72% to CNY 6.64 million, driven by the growth in R&D projects[8].