AXNMC(SH:600255)2021-10-28 16:00Financial Performance - The company's operating revenue for Q3 2021 was CNY 871,994,480.66, representing a year-on-year increase of 35.48%[5] - The net profit attributable to shareholders of the listed company for the same period was CNY 19,250,626.96, up 37.12% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 39.26% to CNY 17,935,849.83[5] - The company reported a year-to-date revenue of CNY 2,431,079,105.80, which is a 36.51% increase compared to the same period last year[5] - Total operating revenue for the first three quarters of 2021 reached CNY 2,431,079,105.80, a significant increase of 57.4% compared to CNY 1,543,496,942.38 in the same period of 2020[19] - The net profit for Q3 2021 was ¥81,569,427.84, slightly down from ¥81,982,566.96 in Q3 2020, showing a decrease of approximately 0.5%[21] - The total comprehensive income for Q3 2021 was ¥81,569,427.84, compared to ¥78,211,428.69 in Q3 2020, indicating an increase of approximately 4.5%[21] Assets and Liabilities - The total assets at the end of the reporting period were CNY 3,163,377,007.19, reflecting a slight increase of 0.92% compared to the end of the previous year[6] - As of September 30, 2021, total assets amounted to CNY 3,163,377,007.19, slightly up from CNY 3,134,386,839.91 at the end of 2020[17] - Total liabilities decreased to CNY 1,644,152,887.04 from CNY 1,710,330,812.61 at the end of 2020[17] - The company's total liabilities rose from ¥1,710,330,812.61 to ¥1,712,522,536.68, indicating a slight increase of approximately 0.13%[30] Cash Flow - The company's cash flow from operating activities was negative at CNY -98,229,035.36, indicating a significant cash outflow[6] - The net cash flow from operating activities for the first nine months of 2021 was -¥98,229,035.36, an improvement from -¥208,311,941.21 in the same period of 2020[24] - The cash inflow from operating activities totaled ¥3,530,905,366.10 for the first nine months of 2021, compared to ¥2,544,477,846.31 in the same period of 2020, reflecting an increase of about 38.9%[24] - The company's cash and cash equivalents at the end of Q3 2021 stood at ¥36,690,591.38, down from ¥55,610,350.36 at the end of Q3 2020, indicating a decrease of approximately 34%[25] - The company reported a net increase in cash and cash equivalents of -¥67,936,979.12 in Q3 2021, compared to -¥23,871,189.41 in Q3 2020, indicating a worsening cash position[25] Equity - The equity attributable to shareholders of the listed company increased by 6.14% to CNY 1,257,154,772.03[6] - The company's equity attributable to shareholders increased to CNY 1,257,154,772.03 from CNY 1,179,930,353.84 at the end of 2020[17] - The total equity attributable to shareholders decreased to ¥1,179,930,353.84 from ¥1,179,930,353.84, showing no change year-over-year[30] Expenses - The total operating costs for Q3 2021 were ¥2,329,026,109.55, compared to ¥1,539,882,149.12 in Q3 2020, indicating an increase of about 51.4%[20] - The company reported a decrease in sales expenses to ¥12,639,479.74 in Q3 2021 from ¥24,018,443.00 in Q3 2020, a reduction of approximately 47.4%[20] - Research and development expenses increased to ¥97,263,318.19 in Q3 2021 from ¥60,856,556.83 in Q3 2020, marking a rise of about 60%[20] Market Strategy - The company is focusing on expanding its market presence and developing new technologies to enhance its competitive edge[13] Non-Recurring Items - Non-recurring gains and losses for the period amounted to CNY 1,314,777.13, with a significant portion attributed to government subsidies[7] - The company has implemented new leasing standards starting January 1, 2021, which may impact future financial reporting and asset valuations[30]