CR Double-Crane(SH:600062)2021-10-29 16:00Financial Performance - The company's revenue for Q3 2021 was ¥2,245,313,921.05, representing a year-over-year increase of 0.84%[6] - Net profit attributable to shareholders for the same period was ¥294,444,066.98, showing a decrease of 7.72% compared to the previous year[6] - The net profit after deducting non-recurring gains and losses was ¥277,150,136.54, down 9.84% year-over-year[6] - The basic earnings per share for Q3 2021 was ¥0.2822, a decrease of 7.72% from the same period last year[6] - Total operating revenue for the first three quarters of 2021 reached CNY 6,875,302,884.13, an increase of 7.9% compared to CNY 6,373,707,849.70 in the same period of 2020[18] - Operating profit for the first three quarters of 2021 was CNY 1,093,229,461.30, slightly up from CNY 1,058,035,959.49 in the previous year, reflecting a growth of 3.3%[19] - Net profit for the first three quarters of 2021 amounted to CNY 924,216,044.44, compared to CNY 881,878,136.47 in 2020, indicating an increase of 4.8%[19] - The total comprehensive income for the first three quarters of 2021 was approximately CNY 924.21 million, an increase from CNY 881.87 million in the same period of 2020, representing a growth of about 4.0%[20] - Basic earnings per share for the first three quarters of 2021 was CNY 0.8522, compared to CNY 0.8371 in 2020, reflecting an increase of approximately 1.3%[20] Assets and Liabilities - Total assets at the end of the reporting period reached ¥13,382,909,570.53, an increase of 7.78% compared to the end of the previous year[6] - The company's total assets as of September 30, 2021, were CNY 13,382,909,570.53, up from CNY 12,416,486,664.94 at the end of 2020, representing a growth of 7.8%[17] - Non-current liabilities totaled CNY 508,900,016.27 as of September 30, 2021, compared to CNY 369,469,959.14 at the end of 2020, marking an increase of 37.8%[17] - The total liabilities of the company decreased to CNY 2,943,795,964.72 as of September 30, 2021, down from CNY 3,039,500,549.86 at the end of 2020, a decline of 3.2%[17] - The company's goodwill increased to CNY 844,866,557.81 as of September 30, 2021, compared to CNY 796,412,194.41 at the end of 2020, an increase of 6.1%[17] - Deferred income tax liabilities rose to CNY 122,633,010.52 as of September 30, 2021, from CNY 103,619,792.37 at the end of 2020, indicating an increase of 18.3%[17] - Current liabilities decreased from CNY 2,670,030,590.72 to CNY 2,666,938,063.93, a reduction of CNY 3,092,526.79[25] - Total liabilities increased from CNY 3,039,500,549.86 to CNY 3,158,348,325.30, an increase of CNY 118,847,775.44[26] - Shareholders' equity decreased from CNY 9,376,986,115.08 to CNY 9,358,109,229.26, a decline of CNY 18,876,885.82[26] - Non-current liabilities increased by CNY 121,940,302.23, from CNY 369,469,959.14 to CNY 491,410,261.37[26] Cash Flow - The company reported a net cash flow from operating activities of ¥943,102,232.82, which decreased by 8.83% compared to the previous year[6] - Cash inflow from operating activities for the first three quarters of 2021 was CNY 7.13 billion, up from CNY 6.18 billion in 2020, indicating a growth of about 15.3%[22] - Cash outflow from operating activities totaled CNY 6.19 billion in 2021, compared to CNY 5.15 billion in 2020, marking an increase of approximately 20.2%[22] - The net cash flow from operating activities for the first three quarters of 2021 was CNY 943.10 million, down from CNY 1.03 billion in 2020, a decrease of about 8.8%[22] - The cash flow from investment activities showed a net outflow of CNY 506.35 million in 2021, compared to a net outflow of CNY 279.45 million in 2020, indicating a worsening of approximately 81.3%[23] - Cash flow from financing activities resulted in a net outflow of CNY 374.93 million in 2021, compared to a net outflow of CNY 338.35 million in 2020, reflecting an increase of about 10.8%[23] - The cash and cash equivalents at the end of the third quarter of 2021 amounted to CNY 1.56 billion, compared to CNY 1.35 billion at the end of the same period in 2020, representing an increase of approximately 15.2%[23] - The company received CNY 6.86 billion from sales of goods and services in the first three quarters of 2021, compared to CNY 6.13 billion in 2020, which is an increase of about 12.1%[22] - The company reported a significant increase in cash received from other operating activities, totaling CNY 209.85 million in 2021, compared to CNY 51.46 million in 2020, marking an increase of approximately 307.5%[22] Investments and Wealth Management - The company has invested a total of 100 million in wealth management products with a floating return type, yielding an annualized return rate of 1.5% to 2.98%[10] - The company reported actual returns of 715,068.49 from a wealth management investment of 100 million with 兴业银行, which was managed as bank deposits[10] - A total of 200 million was invested with 浦发银行, generating an actual return of 1,400,000.00, with an annualized return rate of 1.40% to 3.00%[10] - The company has a wealth management investment of 75 million with 平安银行, yielding an actual return of 1,925,958.90, with an annualized return rate of 1.65% to 5.15%[10] - The company has a total of 150 million invested with 中信银行, with an actual return of 1,103,219.18, and an annualized return rate of 1.48% to 3.35%[11] - The company has invested 200 million with 建设银行, achieving an actual return of 2,258,082.19, with an annualized return rate of 1.485% to 3.17%[11] - The company has a total of 25,472,000 invested with 工商银行, generating an actual return of 20,604.99, with an annualized return rate of 2.3% to 2.4%[11] - The company has a wealth management investment of 14,000,000 with 工商银行, yielding an actual return of 4,725.78, with an annualized return rate of 2.4% to 2.5%[11] - The company has confirmed that all wealth management plans have gone through legal procedures and will continue to have future wealth management plans[10] - The company has a total of CNY 2.92 billion in entrusted financial management, with various banks providing floating income products[14] - The annualized return rates for entrusted financial products range from 1.48% to 3.5%[14] - The company reported actual returns from entrusted financial management of CNY 15.87 million[14] - The total amount of entrusted financial management as of the report date is CNY 2.92 billion, with a significant portion managed by major banks[14] - The company has plans for future entrusted financial management, indicating ongoing investment strategies[14] Research and Development - Research and development expenses for the first three quarters of 2021 were CNY 266,389,905.20, up from CNY 165,221,359.77 in the same period of 2020, reflecting a significant increase of 61.2%[18]