YYTH(SH:600096)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 reached ¥16,701,939,454.40, representing a year-on-year increase of 17.18%[4] - Net profit attributable to shareholders for the same period was ¥1,268,348,857.34, a significant increase of 895.76% compared to the previous year[4] - The net profit after deducting non-recurring gains and losses was ¥1,234,716,939.59, reflecting a year-on-year increase of 1,566.44%[4] - The basic earnings per share for Q3 2021 was ¥0.6902, up 675.58% year-on-year[5] - Total operating revenue for the first three quarters of 2021 reached ¥47.63 billion, a 19.5% increase from ¥39.91 billion in the same period of 2020[16] - Net profit for the first three quarters of 2021 was ¥3.33 billion, compared to ¥180.57 million in the same period of 2020, reflecting a significant increase[17] - Operating profit for the first three quarters of 2021 was ¥3.83 billion, up from ¥358.57 million in the same period of 2020[17] - The company reported a comprehensive income total of ¥3.38 billion for the third quarter of 2021, significantly higher than ¥185.14 million in the same quarter of 2020[18] Shareholder Equity and Assets - The weighted average return on equity increased by 33.62 percentage points to 35.98% by the end of the reporting period[5] - Total assets at the end of Q3 2021 amounted to ¥56,129,666,971.89, a 5.93% increase from the end of the previous year[5] - The equity attributable to shareholders increased by 45.58% to ¥9,359,719,275.42 compared to the previous year[5] - The total equity attributable to shareholders of the parent company increased to ¥9.36 billion from ¥6.43 billion year-over-year[16] - Shareholders' equity totaled approximately ¥8.54 billion, with equity attributable to the parent company at about ¥6.43 billion[26] Cash Flow and Liabilities - The net cash flow from operating activities for the year-to-date was ¥4,820,782,461.33, showing a 59.65% increase[7] - The company's operating cash flow for the first three quarters of 2021 was approximately ¥4.82 billion, an increase of 59.7% compared to ¥3.02 billion in the same period of 2020[20] - Total cash inflow from operating activities reached ¥52.96 billion, up 20.5% from ¥44.10 billion in the first three quarters of 2020[20] - Cash outflow for purchasing goods and services was ¥44.01 billion, compared to ¥37.40 billion in the same period last year, reflecting a 17.6% increase[20] - The total liabilities as of the end of the third quarter of 2021 were ¥44.42 billion, slightly down from ¥44.44 billion at the end of the previous year[16] - Current liabilities reached approximately ¥38.73 billion, with short-term borrowings accounting for about ¥27.92 billion[25] - The company's total liabilities as of September 30, 2021, were RMB 36,941,104,372.45, compared to RMB 38,731,362,437.42 at the end of 2020, reflecting a decrease of about 4.6%[13] Investments and Expenses - Research and development expenses increased to ¥71.66 million in the first three quarters of 2021, compared to ¥47.96 million in the same period of 2020, indicating a focus on innovation[16] - The company's long-term borrowings increased to ¥5.24 billion from ¥3.30 billion year-over-year, indicating potential expansion or investment activities[16] - Cash paid for fixed assets and intangible assets was ¥818.23 million, significantly higher than ¥446.59 million in the previous year[21] - The company received cash from investment income amounting to ¥41.46 million, compared to ¥0.52 million in the same period last year[21] Operational Efficiency - The company attributed the profit increase to rising fertilizer prices and improved operational efficiency[7] - The company's cash and cash equivalents amounted to RMB 11,661,945,656.05, up from RMB 9,845,249,856.05 in December 2020, indicating a growth of about 18.4%[12] - The total current assets increased to RMB 26,696,748,495.92 from RMB 23,244,880,187.42, reflecting a rise of approximately 14.4%[12] - The company's inventory increased to RMB 6,366,016,761.87 from RMB 6,014,500,797.73, representing a growth of about 5.9%[12] - The company's other receivables increased to RMB 113,203,614.57 from RMB 35,696,457.89, a significant rise of approximately 216.5%[12] - The company's contract liabilities increased to RMB 3,477,124,328.21 from RMB 2,581,912,165.88, representing a growth of about 34.7%[13]