Shanghai Jahwa(SH:600315)2021-10-26 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥1,620,309,514.50, a decrease of 3.41% compared to the same period last year[7]. - Net profit attributable to shareholders was ¥134,610,072.60, an increase of 4.60% year-on-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥142,240,504.08, reflecting a significant increase of 26.28% compared to the same period last year[7]. - Net profit for the third quarter of 2021 was CNY 420,457,502.88, up from CNY 312,117,140.45 in the same quarter of 2020, reflecting a growth of approximately 34.7%[36]. - The net profit for the year-to-date increased by 34.71% compared to the same period last year, primarily due to recovery from the impact of COVID-19 and improved gross margins[16]. - Total operating revenue for the first three quarters of 2021 reached CNY 5,830,383,894.69, an increase from CNY 5,362,181,119.25 in the same period of 2020, representing a growth of approximately 8.75%[32]. Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥12,309,353,424.76, representing an increase of 8.98% from the end of the previous year[10]. - Total assets amounted to approximately $11.30 billion, a decrease of $126.35 million compared to the previous period[50]. - Current assets totaled approximately $6.15 billion, reflecting a decrease of $920,018.10[50]. - The company's cash and cash equivalents were RMB 1,977,642,544.97, up from RMB 1,286,711,007.42, representing a significant increase of approximately 54.0%[25]. - The company's total liabilities as of the latest report amounted to CNY 5,534,010,441.49, compared to CNY 4,796,096,564.81 in the previous year, marking an increase of about 15.4%[33]. - Total liabilities reached approximately $4.80 billion, down by $126.35 million[50]. - Current liabilities amounted to approximately $2.88 billion, a decrease of $49.46 million[50]. - Non-current liabilities totaled approximately $1.92 billion, a decrease of $76.89 million[50]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 25,694[17]. - The company reported a total of 344,927,001 shares held by Shanghai Jahwa United Co., Ltd., representing 50.75% of total shares[21]. - The top ten shareholders collectively hold significant stakes, with the largest shareholder holding over 50% of the company[21]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥980,640,760.45, an increase of 58.69% compared to the same period last year[10]. - Net cash flow from operating activities was CNY 980,640,760.45, up from CNY 617,946,645.91 in the same period last year, indicating a year-over-year increase of approximately 58.6%[42]. - Cash inflow from operating activities totaled CNY 6,419,114,534.92, compared to CNY 6,010,845,130.87 in the previous year, marking an increase of about 6.8%[42]. - Cash outflow from operating activities was CNY 5,438,473,774.47, slightly up from CNY 5,392,898,484.96, resulting in a net cash flow from operating activities of CNY 980,640,760.45[42]. - The net cash flow from investing activities was negative CNY 32,989,937.05, an improvement from negative CNY 267,847,342.09 in the previous year[42]. - The net cash flow from financing activities was negative CNY 165,232,634.35, compared to negative CNY 260,991,300.29 in the previous year, showing an improvement in financing outflows[44]. Research and Development - Research and development expenses for the first three quarters of 2021 were CNY 106,636,255.87, compared to CNY 100,886,775.20 in 2020, showing an increase of about 5.5%[33]. Other Financial Metrics - The weighted average return on equity was 2.00%, a decrease of 0.05 percentage points compared to the same period last year[10]. - Basic earnings per share for the period were ¥0.20, an increase of 5.26% year-on-year[10]. - Basic and diluted earnings per share increased to CNY 0.62 from CNY 0.46, reflecting a growth of 34.8%[38]. - The total comprehensive income for the period attributable to the parent company's owners was CNY 362,292,183.35, compared to CNY 240,102,408.30 in the previous year, representing a year-over-year increase of approximately 50.9%[38]. - The company reported a decrease in other comprehensive income, with a net amount of CNY -54,466,920.89 compared to CNY 3,698,398.64 in the previous year[36]. Government Subsidies - The company reported a total of ¥239,723.37 in government subsidies recognized in the current period, closely related to normal business operations[10]. Inventory and Receivables - Accounts receivable rose to RMB 1,172,467,023.46 from RMB 1,089,565,502.95, marking an increase of around 7.58%[25]. - Inventory levels increased to RMB 967,263,440.69, compared to RMB 866,505,627.66, reflecting a growth of approximately 11.65%[28]. Investment and Financing Activities - The company raised CNY 47,219,400.00 from financing activities, compared to CNY 1,072,316,400.00 in the previous year, indicating a significant decrease in financing inflow[44]. - The company reported cash inflow from investment activities of CNY 3,667,122,163.00, down from CNY 3,917,555,081.78 in the previous year[42].