Geron(002722)2021-10-28 16:00Financial Performance - The company's revenue for Q3 2021 reached ¥818,553,523.08, representing a year-on-year increase of 34.33%[3] - Net profit attributable to shareholders was ¥44,090,115.72, a significant increase of 422.33% compared to the same period last year[3] - The basic earnings per share (EPS) for the period was ¥0.25, reflecting a 412.50% increase year-on-year[3] - Operating revenue for Q3 2021 reached ¥2,340,769,531.37, an increase of 43.81% compared to ¥1,627,655,830.68 in the same period last year[8] - Net profit attributable to shareholders of the parent company surged to ¥124,564,193.77, representing a 513.69% increase from ¥20,297,465.52 year-on-year[8] - Total operating revenue for Q3 2021 reached ¥2,340,769,531.37, an increase of 43.7% compared to ¥1,628,354,685.14 in Q3 2020[17] - The total profit for Q3 2021 was ¥171,017,408, compared to ¥44,906,614 in Q3 2020, representing a significant increase[18] - Net profit for Q3 2021 reached ¥124,670,045, up from ¥19,438,080 in the same period last year, indicating a growth of approximately 540%[18] - Basic earnings per share for Q3 2021 were ¥0.71, compared to ¥0.12 in Q3 2020, reflecting a substantial increase[19] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥3,027,873,777.52, a 1.02% increase from the end of the previous year[3] - Total assets as of September 30, 2021, were ¥3,027,873,777.52, a slight increase from ¥2,997,320,589.33 at the end of 2020[15] - Total liabilities decreased to ¥1,020,162,794.24 from ¥1,096,548,200.86, a reduction of 6.9%[15] - Total liabilities reached approximately CNY 1.097 billion, with current liabilities at CNY 909.65 million[25] - Shareholders' equity totaled approximately CNY 1.901 billion, with total equity attributable to the parent company at CNY 1.899 billion[25] Cash Flow - The company reported a net cash flow from operating activities of -¥34,052,128.19, indicating a decline of 118.11% year-to-date[3] - Cash flow from operating activities improved to ¥2,395,294,391.65, a 44.28% increase compared to ¥1,660,118,429.33 in the same quarter last year[8] - Operating cash flow for the period was negative at -¥34,052,128, a decline from a positive cash flow of ¥188,022,290 in the previous year[21] - Cash inflow from operating activities totaled ¥2,361,242,263, compared to ¥1,848,140,719 in the prior year, marking an increase of about 28%[21] - Cash outflow from operating activities was ¥2,395,294,391, up from ¥1,660,118,429, indicating a rise of approximately 44%[21] - The company reported a cash and cash equivalents balance of ¥170,609,671 at the end of the period, down from ¥356,714,182 at the end of the previous year[21] Investments - Long-term equity investments rose by 34.55% to ¥71,689,127.92, primarily due to new investments in Shanghai Kunhua New Energy Technology Co., Ltd.[7] - Investment income increased significantly to ¥4,394,781.09, a 302.47% rise from a loss of ¥2,170,557.32 in the previous year[8] - The company experienced a 53.89% decrease in cash flow from investing activities, totaling ¥1,108,799,291.05 compared to ¥2,404,459,173.46 in the previous year[8] - Investment activities generated a net cash outflow of -¥145,424,760, compared to -¥33,392,942 in the previous year, showing a worsening in investment cash flow[21] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 17,851[10] - The largest shareholder, Nantong Jinlun Holdings Co., Ltd., holds 31.07% of the shares, totaling 54,527,143 shares[10] Expenses - Sales expenses rose by 30.05% to ¥59,635,647.76, driven by the significant increase in operating revenue[8] - Research and development expenses for Q3 2021 were ¥16,424,786.97, compared to ¥13,162,282.47 in Q3 2020, indicating a year-over-year increase of 24.3%[17] Other Financial Metrics - The weighted average return on equity (ROE) for the period was 2.22%, an increase of 2.93% compared to the previous year[3] - The company recorded non-operating income of ¥1,758,391.17 for the period, with government subsidies contributing to this figure[5] - The company reported goodwill of approximately CNY 530.13 million, indicating significant intangible assets[24] - The company has a long-term debt of approximately CNY 173.88 million, reflecting its financial leverage[25] - The company has a deferred income tax asset of approximately CNY 50.17 million, which may impact future tax liabilities[24] - The report indicates that the third quarter report was not audited, which may affect the reliability of the financial data presented[26] - The company has a capital reserve of approximately CNY 1.110 billion, indicating strong retained earnings[25] - The company has a total of CNY 46 million in accounts payable, reflecting its short-term obligations[24]