JSHX(SH:600307)2021-10-27 16:00Financial Performance - The company's operating revenue for Q3 2021 reached ¥14,089,477,017.50, representing a year-on-year increase of 30.99%[6] - Net profit attributable to shareholders was ¥535,790,400.50, up 21.44% compared to the same period last year[6] - The net profit after deducting non-recurring gains and losses was ¥514,539,253.93, reflecting a 14.20% increase year-on-year[6] - Total operating revenue for the first three quarters of 2021 reached ¥40,377,585,330.66, a significant increase of 51.9% compared to ¥26,582,844,020.35 in the same period of 2020[29] - Net profit attributable to shareholders of the parent company for the first three quarters of 2021 was ¥2,481,744,237.47, compared to ¥358,298,395.80 in the same period of 2020, reflecting a growth of 692.5%[31] - The company reported a net profit of CNY 348,539,039.92, recovering from a loss of CNY 2,133,205,197.55 in the previous year[26] - The company’s total profit for the first three quarters of 2021 was ¥2,854,430,832.79, compared to ¥341,367,331.16 in the same period of 2020, marking a substantial increase[29] Assets and Liabilities - Total assets at the end of the reporting period were ¥39,459,597,925.10, a decrease of 4.79% from the previous year[9] - The company’s total liabilities decreased by 4.79% compared to the previous year, indicating improved financial stability[9] - As of September 30, 2021, the total assets of Gansu Jiugang Group Hongxing Steel Co., Ltd. amounted to CNY 39,459,597,925.10, a decrease from CNY 41,446,666,538.99 at the end of 2020, representing a decline of approximately 4.8%[23] - The company's current assets totaled CNY 12,045,317,408.43, down from CNY 13,931,300,549.67, indicating a decrease of about 13.5% year-over-year[23] - The total liabilities of the company decreased to CNY 24,615,679,848.92 from CNY 29,098,481,643.22, marking a decline of approximately 15.9%[26] - The equity attributable to shareholders of the parent company increased to CNY 14,843,918,076.18 from CNY 12,317,019,703.48, representing an increase of about 20.5%[26] Cash Flow and Expenses - The company reported a significant increase in cash flow from operating activities, with a net cash flow of ¥5,608,250,621.95, up 169.36% year-on-year[10] - The company reported a net cash flow from operating activities of ¥5,608,250,621.95 for the first three quarters of 2021, up from ¥2,082,047,290.96 in the same period of 2020[32] - Cash and cash equivalents at the end of the period were ¥2,545,167,144.45, down from ¥3,291,971,085.09 at the end of the same period in 2020[32] - The company incurred financial expenses of ¥480,588,285.80 in the first three quarters of 2021, compared to ¥448,768,099.00 in the same period of 2020[29] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 218,498, reflecting a stable shareholder base[15] Research and Development - Research and development expenses increased by 38.95% due to higher investment in new product development[12] - Research and development expenses increased to ¥477,618,838.72 in the first three quarters of 2021, compared to ¥343,740,934.18 in the same period of 2020, indicating a focus on innovation[29] Earnings Per Share - The basic earnings per share for the period was ¥0.0855, an increase of 21.44% year-on-year[6] - Basic and diluted earnings per share for the first three quarters of 2021 were both ¥0.3962, compared to ¥0.0572 in the same period of 2020[31]