TFE(SH:600237)2021-10-25 16:00Financial Performance - The company's operating revenue for Q3 2021 was CNY 241,124,979.51, representing a year-on-year increase of 1.10%[5] - The net profit attributable to shareholders for Q3 2021 was CNY 5,662,498.89, a decrease of 42.07% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was CNY 7,030,993.26, down 11.06% year-on-year[5] - Basic earnings per share for Q3 2021 were CNY 0.0100, a decrease of 42.07% compared to the same period last year[6] - The weighted average return on equity for Q3 2021 was 0.4990%, a decrease of 44.01 percentage points compared to the previous year[6] - The company reported a significant increase in net profit for the year-to-date period, with a growth rate of 531.36% for net profit before non-recurring items[9] - The company experienced a decrease in net profit for Q3 2021 primarily due to increased non-recurring losses from fixed asset disposals[9] - Total operating revenue for the first three quarters of 2021 reached ¥743,358,276.69, an increase of 19.6% compared to ¥621,391,147.40 in the same period of 2020[19] - Net profit for the first three quarters of 2021 was ¥36,014,160.54, compared to ¥9,461,183.26 in 2020, indicating a significant increase of 280.5%[20] - The total comprehensive income for Q3 2021 was CNY 36,014,160.54, with CNY 33,239,108.57 attributable to the parent company, representing a significant increase from CNY 5,264,692.20 in the same period last year[21] - Basic and diluted earnings per share for Q3 2021 were CNY 0.0589, compared to CNY 0.0093 in Q3 2020, indicating a substantial improvement in profitability[21] Cash Flow and Assets - The cash flow generated from operating activities for the year-to-date period was CNY 110,606,191.86, an increase of 55.73% compared to the same period last year[5] - Net cash flow from operating activities for the first nine months of 2021 was CNY 110,606,191.86, up from CNY 71,023,566.79 in the same period last year, reflecting a growth of approximately 55.8%[25] - Cash and cash equivalents at the end of Q3 2021 totaled CNY 208,901,112.80, slightly down from CNY 210,105,116.56 at the end of Q3 2020[26] - The company reported cash inflows from operating activities totaling CNY 672,416,502.81 for the first nine months of 2021, compared to CNY 610,829,941.36 in the previous year, marking an increase of approximately 10.1%[25] - The net cash flow from investing activities for the first nine months of 2021 was CNY 16,943,976.31, a recovery from a negative cash flow of CNY 15,166,405.49 in the same period last year[26] - The company reported a total cash inflow from investment activities of CNY 53,434,112.72 for the first nine months of 2021, compared to CNY 1,093,327.69 in the previous year[26] - Total assets as of September 30, 2021, were CNY 1,601,239,960.14, a decrease from ¥1,677,367,227.90 at the end of 2020[17] - Current assets totaled ¥921,217,896.45 as of September 30, 2021, down from ¥974,597,119.93 at the end of 2020, reflecting a decline of 5.5%[15] - The company reported a decrease in accounts receivable to ¥184,326,402.62 from ¥251,856,892.96, a decline of 26.8%[15] - The company's total assets as of September 30, 2021, were ¥1,601,239,960.14, a decrease from ¥1,677,367,227.90 at the end of 2020[17] Liabilities and Equity - Total liabilities decreased to ¥421,364,677.38 as of September 30, 2021, from ¥533,506,105.68 at the end of 2020, a reduction of 21.0%[16] - Total liabilities amounted to 533,506,105.68, with current liabilities at 511,887,589.14[30] - Owner's equity totaled 1,143,861,122.22, including 1,104,316,409.41 attributable to shareholders[31] - The company reported an undistributed profit of -371,210,180.30, indicating a loss in retained earnings[31] - The company's total equity as of September 30, 2021, was ¥1,179,875,282.76, up from ¥1,143,861,122.22 at the end of 2020, an increase of 3.2%[17] - The capital reserve stood at 841,832,150.04, showcasing the company's financial strength[30] - The company has a total of 39,544,712.81 in minority interests, indicating external stakeholder involvement[31] - The company’s total liabilities and equity reflect a balanced financial position, essential for future growth strategies[31]