YTCO(SH:600066)2021-10-26 16:00Financial Performance - The company's operating revenue for Q3 2021 was CNY 5,856,500,939.09, a decrease of 2.44% compared to the same period last year[2] - The net profit attributable to shareholders was CNY 116,653,893.61, an increase of 24.80% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 57,245,484.50, a significant increase of 346.30%[2] - The basic and diluted earnings per share were both CNY 0.05, reflecting a year-on-year increase of 24.80%[2] - Total operating revenue for the first three quarters of 2021 reached ¥15,662,630,275.92, an increase from ¥13,614,419,258.60 in the same period of 2020, representing a growth of approximately 15.06%[13] - Net profit for the first three quarters of 2021 was ¥265,841,587.45, compared to ¥167,100,192.76 in 2020, marking an increase of about 59.06%[13] - Operating profit for the first three quarters of 2021 was ¥233,871,102.48, up from ¥181,296,621.54 in the previous year, reflecting a growth of approximately 29.05%[13] - Basic earnings per share for the first three quarters of 2021 were ¥0.11, compared to ¥0.07 in 2020, representing a growth of approximately 57.14%[14] Assets and Liabilities - Total assets at the end of the reporting period were CNY 32,856,517,318.13, a decrease of 1.37% from the end of the previous year[2] - As of September 30, 2021, the company's total assets amounted to ¥32,856,517,318.13, a decrease from ¥33,311,872,530.14 as of December 31, 2020[10] - The company's current assets totaled ¥22,280,453,953.23, slightly down from ¥22,945,846,225.74 in the previous year[10] - Total liabilities reached ¥18,152,620,161.24, up from ¥17,869,254,952.84, marking an increase of approximately 1.6%[12] - The company's equity attributable to shareholders decreased to ¥14,589,303,169.75 from ¥15,333,583,739.54, a decline of about 4.8%[12] - Total assets increased to ¥33,321,371,706.94, up from ¥33,311,872,530.14, reflecting a change of ¥9,499,176.80[16] - Total liabilities reached ¥17,878,754,129.64, a minor increase of ¥9,499,176.80 from the previous total[17] - Shareholders' equity totaled ¥15,442,617,577.30, remaining unchanged from the previous reporting period[17] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 722,231,816.36, an increase of 101.07% compared to the same period last year[2] - Cash flow from operating activities generated a net amount of ¥722,231,816.36 in the first three quarters of 2021, compared to ¥359,199,475.11 in 2020, indicating an increase of about 100.73%[15] - The company experienced a net cash outflow from investing activities of ¥1,275,901,742.55 in the first three quarters of 2021, compared to a net inflow of ¥1,351,881,990.32 in 2020[15] - The cash and cash equivalents at the end of the period were ¥4,632,596,901.37, compared to ¥4,087,185,033.57 at the end of the same period in 2020[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 102,079[5] - The largest shareholder, Zhengzhou Yutong Group Co., Ltd., held 36.38% of the shares, totaling 823,314,023 shares[5] Inventory and Receivables - Inventory increased to ¥6,355,726,934.58 from ¥5,016,708,399.29, reflecting a growth of about 26.7% year-over-year[10] - The company reported a decrease in accounts receivable to ¥6,955,259,188.94 from ¥8,952,266,058.03, a reduction of approximately 22.3%[10] - The company’s accounts receivable totaled ¥8,952,266,058.03, indicating no change from the previous period[16] Research and Development - Research and development expenses for the first three quarters of 2021 amounted to ¥986,639,481.30, slightly up from ¥956,420,264.75 in 2020, indicating a growth of about 3.16%[13] Government Subsidies - The company received government subsidies amounting to CNY 100,414,636.01 during the reporting period[3] Stock and Repurchase Plans - The company plans to grant 49,963,000 restricted stock units to 548 incentive recipients at a price of ¥6.99 per share[8] - The company adjusted the repurchase price of restricted stock to ¥6.49 per share, with 1,025,000 shares to be repurchased and canceled[8]