MXEP(SH:600101)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥537,339,357.17, representing a year-on-year increase of 20.91%[3] - The net profit attributable to shareholders for the same period was ¥40,678,257.40, up 15.92% year-on-year[3] - The net profit attributable to shareholders excluding non-recurring gains and losses increased by 35.70% year-on-year, totaling ¥40,686,093.67[3] - The basic earnings per share for the period was ¥0.0965, reflecting a 15.85% increase compared to the same period last year[3] - Total operating revenue for the first three quarters of 2021 reached ¥1,361,306,304.49, an increase of 12.43% compared to ¥1,210,881,991.95 in the same period of 2020[17] - Net profit for the first three quarters of 2021 was ¥101,897,804.44, representing a 24.67% increase from ¥81,726,974.89 in the same period of 2020[18] - Basic and diluted earnings per share for the first three quarters of 2021 were both ¥0.2430, compared to ¥0.1872 in 2020, reflecting a growth of 29.83%[18] - The company reported a total profit of ¥125,775,649.83 for the first three quarters of 2021, up from ¥96,428,514.17 in 2020, marking a growth of 30.49%[18] Assets and Liabilities - Total assets at the end of the reporting period reached ¥3,600,169,214.38, a 5.84% increase from the end of the previous year[4] - The company's total liabilities increased to CNY 1,086,258,547.00 from CNY 969,972,308.49, reflecting a rise of about 12.00%[14] - Cash and cash equivalents stood at CNY 912,195,496.12, up from CNY 814,737,419.34, indicating an increase of approximately 11.99%[12] - Accounts receivable rose significantly to CNY 48,915,702.68 from CNY 13,935,632.51, marking an increase of about 251.36%[12] - Inventory levels increased to CNY 77,716,826.11 from CNY 35,269,100.42, which is an increase of approximately 120.55%[12] - The total current asset of CNY 1,131,807,730.62, up from CNY 921,895,539.84, indicating an increase of about 22.73%[12] - The total non-current liabilities rose to CNY 279,380,433.55 from CNY 248,880,787.39, reflecting an increase of approximately 12.23%[14] Cash Flow - The company reported a cash flow from operating activities of ¥220,504,518.98 for the year-to-date, showing a 5.28% increase[3] - Cash flow from operating activities for the first three quarters of 2021 was ¥220,504,518.98, slightly up from ¥209,452,879.34 in 2020[20] - The company achieved a total cash inflow from operating activities of ¥1,676,038,086.62, compared to ¥1,500,216,754.40 in 2020, indicating a growth of 11.71%[20] - The company’s investment activities resulted in a net cash outflow of ¥117,393,267.87 for the first three quarters of 2021, compared to a net outflow of ¥85,174,828.15 in 2020[21] Shareholder Equity - The equity attributable to shareholders increased by 3.43% year-on-year, amounting to ¥2,505,262,541.00[4] - The company's equity attributable to shareholders reached CNY 2,505,262,541.00, compared to CNY 2,422,241,303.79, reflecting a growth of about 3.43%[14] - Shareholders' equity totaled approximately ¥2,431.41 million, with undistributed profits at ¥1,328.16 million[26] Government Support and Market Conditions - The increase in net profit was primarily driven by improved water conditions in the upstream area and a rise in electricity sales due to the recovery from the COVID-19 pandemic[7] - The company received government subsidies totaling ¥391,902.32 during the reporting period, contributing to its financial performance[6] Research and Development - Research and development expenses for the first three quarters of 2021 were ¥9,801.98, significantly reduced from ¥20,000.00 in the same period of 2020[17] - The company has ongoing research and development efforts, with intangible assets recorded at approximately ¥174.26 million[25] Future Outlook - Future outlook includes potential market expansion and new product development strategies[26] - The company is committed to maintaining a strong balance sheet while exploring strategic acquisitions[26]