BAOSE(300402)2021-10-26 16:00Financial Performance - The company's revenue for Q3 2021 was ¥318,682,108.86, a decrease of 8.24% compared to the same period last year[4]. - Net profit attributable to shareholders was ¥12,183,461.67, an increase of 0.07% year-on-year[4]. - The net profit excluding non-recurring gains and losses was ¥10,825,083.63, up by 2.28% compared to the previous year[4]. - Total operating revenue for the period reached RMB 906,951,989.23, compared to RMB 892,756,540.65 in the previous period[20]. - The total operating revenue for Q3 2021 was 864,895,955.18 CNY, an increase from 853,029,822.23 CNY in Q3 2020, reflecting a growth of approximately 1.03%[21]. - The net profit for Q3 2021 reached 35,149,496.57 CNY, compared to 30,961,013.12 CNY in the same period last year, representing a year-over-year increase of about 13.06%[22]. - The operating profit for Q3 2021 was 32,208,971.87 CNY, up from 26,994,472.29 CNY in Q3 2020, indicating a growth of approximately 19.83%[21]. - The company reported a basic and diluted earnings per share of 0.1740 CNY, an increase from 0.1533 CNY in the same quarter last year, representing a growth of about 13.93%[22]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,031,402,150.52, reflecting a growth of 17.66% from the end of the previous year[4]. - Current assets increased to RMB 1,516,552,973.00 from RMB 1,201,403,041.74 year-on-year[17]. - The company's accounts receivable increased by 31.10% to ¥490,708,254.26 due to higher revenue[8]. - Accounts receivable rose to RMB 490,708,254.26, up from RMB 374,306,295.33 in the previous year[17]. - Inventory increased to RMB 616,465,054.02, compared to RMB 584,683,353.29 at the end of the previous year[17]. - Total liabilities amounted to RMB 1,415,478,073.39, up from RMB 1,044,714,441.32 year-on-year[19]. - Short-term borrowings rose by 37.46% to ¥330,339,750.00, attributed to increased loans[8]. - Short-term borrowings increased to RMB 330,339,750.00 from RMB 240,321,896.40 in the previous period[18]. - The company's total assets reached RMB 2,031,402,150.52, compared to RMB 1,726,489,021.88 at the end of the previous year[19]. - Non-current assets decreased slightly to RMB 514,849,177.52 from RMB 525,085,980.14 year-on-year[18]. - The company's retained earnings decreased to RMB 147,772,554.72 from RMB 213,623,058.15 in the previous period[19]. - The total equity attributable to shareholders was RMB 615,924,077.13, down from RMB 681,774,580.56 year-on-year[19]. Cash Flow and Expenses - The company's cash flow from operating activities for the year-to-date was ¥180,403,485.64, an increase of 7.20%[4]. - Cash flow from operating activities generated a net amount of 180,403,485.64 CNY, compared to 168,285,191.86 CNY in Q3 2020, reflecting a growth of approximately 7.06%[24]. - The company incurred financial expenses of 10,860,112.78 CNY, slightly down from 11,203,190.46 CNY in the previous year, showing a decrease of about 3.06%[21]. - The total operating costs for Q3 2021 were 864,895,955.18 CNY, compared to 853,029,822.23 CNY in Q3 2020, reflecting an increase of approximately 1.01%[21]. - The company reported a decrease in tax expenses to 7,022,149.29 CNY from 8,067,051.61 CNY in the previous year, indicating a reduction of about 12.94%[21]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 24,151[11]. - The largest shareholder, Baotai Group Co., Ltd., holds 57.52% of the shares[11]. Research and Development - Research and development expenses amounted to 37,330,353.76 CNY, compared to 34,850,815.98 CNY in the previous year, showing an increase of about 7.13%[21]. Other Financial Metrics - The weighted average return on equity was 1.89%, an increase of 0.29% year-on-year[4]. - The total cash and cash equivalents at the end of Q3 2021 were 79,216,938.87 CNY, up from 49,969,195.22 CNY at the end of Q3 2020, indicating an increase of approximately 58.58%[25].