ETERN(SH:600105)2021-10-28 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥855,133,854.98, a decrease of 14.60% compared to the same period last year[6]. - Net profit attributable to shareholders for Q3 2021 was ¥13,553,712.61, an increase of 75.15% year-on-year[6]. - Basic earnings per share for Q3 2021 was ¥0.010, up 65.09% compared to the same period last year[8]. - Total operating revenue for the first three quarters of 2021 reached ¥2,814,427,912.61, an increase from ¥2,240,155,670.89 in the same period of 2020, representing a growth of approximately 25.6%[32]. - Net profit attributable to shareholders of the parent company for Q3 2021 was ¥140,863,216.87, compared to a net loss of ¥152,701,341.94 in Q3 2020, indicating a significant turnaround[35]. - Operating profit for Q3 2021 was ¥189,723,132.44, a significant improvement from a loss of ¥165,963,361.94 in Q3 2020[35]. - The total comprehensive income attributable to the parent company was CNY 140,632,453.91, compared to a loss of CNY 153,573,498.69 in the same period last year[37]. - Basic and diluted earnings per share were CNY 0.102, recovering from a loss of CNY 0.117 in the previous year[37]. Assets and Liabilities - Total assets as of the end of the reporting period were ¥7,938,035,755.06, representing a 7.70% increase from the end of the previous year[8]. - The total liabilities increased to ¥4,746,193,277.78 from ¥4,322,867,394.01, reflecting a rise of about 9.8% year-over-year[30]. - The total equity attributable to shareholders at the end of the reporting period was ¥2,854,473,810.68, reflecting a 5.27% increase from the previous year[8]. - Current assets totaled RMB 4,192,439,347.08, compared to RMB 4,027,226,042.47 at the end of 2020, indicating an increase of about 4.1%[27]. - The company's cash and cash equivalents were RMB 1,372,546,373.55, down from RMB 2,021,117,725.55, representing a decrease of approximately 32.2%[23]. - Accounts receivable increased to RMB 1,005,435,023.51 from RMB 953,395,830.72, showing a rise of about 5.4%[23]. - The total liabilities were RMB 4,192,439,347.08, reflecting a significant increase in short-term borrowings to RMB 1,059,643,964.20 from RMB 884,459,435.32, which is an increase of approximately 19.8%[27]. - The company reported a significant increase in other receivables, which rose to RMB 296,634,278.35 from RMB 62,927,116.71, marking an increase of approximately 371.5%[27]. - Long-term equity investments increased to RMB 1,466,395,981.13 from RMB 1,332,602,039.30, indicating a growth of about 10.0%[27]. - The company’s inventory increased to RMB 549,886,723.82 from RMB 468,766,323.32, reflecting a rise of approximately 17.3%[27]. - The company’s goodwill remained stable at RMB 160,515,785.73, unchanged from the previous period[27]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥599,893,324.51, a deterioration of 437.70% compared to the same period last year[6]. - Cash inflow from operating activities totaled CNY 2,715,940,856.80, an increase from CNY 2,470,846,002.85 year-over-year[40]. - Cash outflow from operating activities was CNY 3,315,834,181.31, up from CNY 2,582,412,161.66 in the previous year[40]. - Cash inflow from investment activities was CNY 202,533,054.94, down from CNY 295,999,754.92 in the previous year[41]. - Net cash flow from investment activities was negative CNY 296,874,206.19, compared to positive CNY 60,361,412.40 in the same period last year[41]. - Cash inflow from financing activities was CNY 1,148,468,057.16, slightly decreasing from CNY 1,312,966,385.14 year-over-year[41]. - The net increase in cash and cash equivalents was negative CNY 644,051,265.29, contrasting with a positive increase of CNY 180,296,282.79 in the previous year[41]. - The ending balance of cash and cash equivalents was CNY 1,244,275,074.23, compared to CNY 807,735,966.12 at the end of the same period last year[41]. Investments and Future Plans - The company recognized an investment income of ¥100,999,700 from the transfer of part of its equity in Wuhan Optical Communication Technology Co., Ltd.[10]. - The company plans to continue expanding its market presence and developing new projects to enhance operational performance[14]. - The company plans to use up to RMB 450 million of idle raised funds to supplement working capital for a period not exceeding 12 months[22]. Research and Development - Research and development expenses for Q3 2021 amounted to ¥123,064,857.23, up from ¥112,272,680.23 in Q3 2020, marking an increase of approximately 9.3%[32]. Equity and Return Metrics - The weighted average return on equity for Q3 2021 was 0.48%, an increase of 0.23 percentage points compared to the previous year[8]. - The total equity attributable to shareholders increased to ¥2,854,473,810.68 from ¥2,711,549,495.43, reflecting a growth of about 5.3%[32]. Deferred Income and Financial Expenses - Deferred income tax liabilities increased from ¥8,476,239.88 to ¥22,657,190.90, representing a rise of about 168.5%[30]. - The company reported a decrease in financial expenses from ¥59,769,123.44 in Q3 2020 to ¥44,496,166.01 in Q3 2021, indicating a reduction of approximately 25.5%[32]. Contract Liabilities - The contract liabilities decreased from ¥1,460,558,283.12 to ¥1,334,659,822.77, a decline of approximately 8.6%[30].