RNM(SH:600259)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 reached ¥4,375,792,549.64, representing a 58.56% increase compared to the same period last year[5] - Net profit attributable to shareholders was ¥44,035,551.59, a significant increase of 426.93% year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥48,572,153.12, with a year-on-year increase not applicable due to previous losses[5] - Basic earnings per share for Q3 2021 were ¥0.15, up 400.00% from ¥0.02 in the same period last year[5] - The company experienced a 70.93% increase in operating revenue for the first nine months of 2021, totaling ¥11,149,774,161.67[15] - Net profit for the third quarter of 2021 was CNY 140,224,021.09, a substantial rise from CNY 23,719,149.53 in the same quarter of 2020, reflecting an increase of approximately 490%[34] - The total comprehensive income attributable to the parent company was CNY 125,948,517.63, an increase of 305.5% compared to CNY 31,048,997.18 in the same period last year[36] - Basic and diluted earnings per share were both CNY 0.42, up from CNY 0.10 in the previous year, representing a 320% increase[36] Assets and Liabilities - Total assets as of September 30, 2021, amounted to ¥5,996,405,355.89, reflecting a 23.00% increase from the end of the previous year[8] - The company's total assets as of September 30, 2021, were CNY 5,996,405,355.89, compared to CNY 4,875,052,169.00 at the end of 2020, showing an increase of approximately 23%[31] - Current liabilities totaled CNY 2,890,566,562.16 as of September 30, 2021, compared to CNY 2,230,564,443.12 in the previous year, indicating an increase of about 30%[31] - The company's total liabilities reached CNY 4,035,673,133.53, up from CNY 2,986,671,822.62 in the previous year, representing an increase of approximately 35%[31] - The equity attributable to shareholders of the parent company increased to CNY 1,814,093,269.06 from CNY 1,725,328,955.39, showing a growth of about 5%[31] Cash Flow - Net cash flow from operating activities was -¥676,051,247.52, showing a significant increase in cash outflows due to higher purchases of goods[18] - Net cash flow from investing activities was -¥144,093,762.26, a decrease of 357.91% due to increased payments for fixed asset acquisitions[18] - Net cash flow from financing activities decreased to ¥253,275,935.63, down 17.12% as a result of increased payments for equity purchases under common control[18] - Cash inflow from operating activities totaled CNY 12,164,262,508.00, a significant increase of 58.5% from CNY 7,662,204,318.49 in the same period last year[36] - The net cash outflow from operating activities was CNY -676,051,247.52, worsening from CNY -276,540,287.87 in the previous year[39] - Cash inflow from financing activities was CNY 1,631,203,816.37, slightly up from CNY 1,630,831,599.31 year-over-year[39] - The net cash outflow from investing activities was CNY -144,093,762.26, compared to a net inflow of CNY 55,870,841.39 in the same period last year[39] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 47,911, with the largest shareholder holding 42.87% of the shares[22] - The largest shareholder, Guangdong Rare Earth Industry Group Co., Ltd., holds 129,372,517 shares, which are pledged[22] Research and Development - R&D expenses increased to ¥30,267,436.17, a rise of 170.16% due to higher investment in R&D projects and related costs[18] - Research and development expenses for the third quarter of 2021 amounted to CNY 30,267,436.17, up from CNY 11,203,488.77 in the previous year, marking an increase of about 170%[34] Acquisitions and Investments - The company completed the acquisition of a 51% stake in Fuyile Company for ¥32,389,200, which required retrospective adjustments to financial statements[9] - Investment income rose to ¥37,150,850.29, reflecting a 72.39% increase attributed to higher long-term equity investment income accounted for using the equity method[18] Other Financial Metrics - The company reported a net loss from minority shareholders of CNY -7,329,847.65, compared to a profit of CNY 14,275,503.46 in the same period last year[36] - The company's cash flow from sales of goods and services received was CNY 12,001,560,351.05, an increase of 59.8% from CNY 7,512,868,560.00 in the previous year[36]