TOYOU(300302)2021-10-28 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥89,459,967.70, representing a 6.41% increase compared to the same period last year[4]. - The net profit attributable to shareholders for Q3 2021 was ¥5,959,319.84, an increase of 17.90% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥5,364,782.96, up 37.23% from the previous year[4]. - The company's revenue for the first nine months of 2021 reached ¥248,818,515.70, a significant increase of 40.30% compared to ¥177,350,182.80 in the same period of 2020, driven by growth in self-controlled product sales and strong demand in specific industries[11]. - Total operating revenue for Q3 2021 reached ¥248,818,515.70, a significant increase of 40.2% compared to ¥177,350,182.80 in the same period last year[27]. - The net profit for Q3 2021 was a loss of ¥2,673,499.85, compared to a profit of ¥12,125,741.92 in Q3 2020, indicating a substantial decline in profitability[29]. - The company reported a comprehensive income total of -¥2,771,350.81 for Q3 2021, down from ¥11,847,477.30 in the previous year[30]. - Basic and diluted earnings per share for Q3 2021 were both -¥0.0055, a decrease from ¥0.0260 in Q3 2020[30]. Cash Flow and Investments - The net cash flow from operating activities for the year-to-date was ¥25,372,289.10, reflecting a significant increase of 145.99%[5]. - The net cash flow from operating activities improved to ¥25,372,289.10, a turnaround from a negative cash flow of -¥55,167,322.45 in the previous year, marking a 145.99% increase[11]. - Cash received from sales and services increased by 69.82% to ¥307,625,844.19, driven by enhanced sales scale and collection efforts[11]. - The net cash flow from investing activities was -76,261,379.76 CNY, compared to -21,295,145.19 CNY in the same period last year, indicating increased investment outflows[32]. - The net cash flow from financing activities was 13,111,089.04 CNY, a decrease from 162,896,557.07 CNY in the previous year, reflecting reduced financing inflows[33]. - The cash paid for investment activities was 104,860,354.76 CNY, significantly higher than 21,303,216.69 CNY in the same period last year[32]. Assets and Liabilities - The total assets at the end of Q3 2021 amounted to ¥1,841,625,035.49, a 7.83% increase from the end of the previous year[5]. - The company's current assets totaled 864,312,984.61 RMB, up from 699,788,153.04 RMB at the end of 2020, indicating a growth of approximately 23.5%[23]. - The company's cash and cash equivalents decreased to 143,637,083.70 RMB from 192,635,624.39 RMB, reflecting a decline of about 25.4%[22]. - The company's total liabilities were 239,117,559.84 RMB, compared to 171,171,893.52 RMB at the end of 2020, marking an increase of approximately 39.7%[24]. - The total liabilities increased to ¥324,697,961.57 from ¥289,345,794.64, reflecting a rise of 12.3%[25]. - Total liabilities amounted to CNY 289,345,794.64, a decrease of CNY 7,639,851.54 compared to the previous period[38]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 29,399, indicating a stable shareholder base[14]. - The top shareholder, Zhou Zexiang, holds 17.30% of the shares, with a total of 84,428,597 shares, of which 64,621,446 are pledged[14]. Research and Development - Research and development expenses increased by 56.81% to ¥36,922,004.37 from ¥23,544,957.86, attributed to higher employee compensation and stock incentive costs[11]. - Research and development expenses increased to ¥36,922,004.37, up 56.8% from ¥23,544,957.86 in the same quarter last year[28]. Other Financial Metrics - The basic earnings per share for Q3 2021 was ¥0.0122, a 16.19% increase compared to the same period last year[5]. - The company reported a significant decrease of 84.55% in notes receivable, primarily due to the maturity of notes during the period[10]. - The company’s long-term equity investments increased by 131.20% due to investments in subsidiaries[10]. - The company executed new leasing standards, resulting in a 100% increase in right-of-use assets[10]. - The company plans to raise a total of up to 430 million RMB through a private placement of A-shares, with net proceeds allocated for domestic storage systems and SSD R&D projects, as well as to supplement working capital[19]. - The company has implemented the new leasing standards since January 1, 2021, affecting financial reporting[39]. - The third quarter report was not audited, indicating potential limitations in the reliability of the financial data presented[40].