Lianovation(SH:600363)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥1,297,133,023.89, representing a year-on-year increase of 21.18%[7] - The net profit attributable to shareholders for the same period was ¥96,934,342.27, reflecting a growth of 9.99% compared to the previous year[7] - The net profit after deducting non-recurring gains and losses was ¥91,446,266.93, with a year-on-year increase of 4.84%[7] - The basic earnings per share for Q3 2021 was ¥0.22, an increase of 8.45% year-on-year[10] - Total operating revenue for the first three quarters of 2021 reached CNY 3,267,141,198.88, an increase of 10.3% compared to CNY 2,960,544,377.79 in the same period of 2020[32] - Net profit attributable to shareholders of the parent company was CNY 249,086,545.69, compared to CNY 213,744,316.78, marking an increase of 16.5%[35] - The total comprehensive income for the period was CNY 293,045,265.80, compared to CNY 241,232,015.79 in the previous year, representing an increase of approximately 21.5%[37] - The net profit attributable to the parent company was CNY 245,265,989.41, up from CNY 210,928,950.28, reflecting a growth of about 16.2%[37] - Basic and diluted earnings per share increased to CNY 0.55 from CNY 0.48, marking an increase of approximately 14.6%[37] Assets and Liabilities - The total assets at the end of the reporting period were ¥6,104,854,396.67, a decrease of 2.98% compared to the end of the previous year[10] - The company's total liabilities decreased to CNY 2,554,928,207.64 from CNY 3,004,634,683.49, a reduction of 14.9%[31] - The total equity attributable to shareholders of the parent company increased to CNY 3,105,776,189.88 from CNY 2,886,137,987.68, representing an increase of 7.6%[31] - The total liabilities to equity ratio improved to 0.72 from 0.91, indicating a stronger financial position[31] - Deferred income decreased to CNY 13,243,949.54 from CNY 23,159,540.82, a decline of 42.9%[31] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥70,112,425.49, showing a significant increase of 310.90%[10] - The company reported a 310.90% increase in net cash flow from operating activities due to increased cash receipts from sales[16] - Cash inflows from operating activities totaled CNY 3,467,111,157.21, compared to CNY 2,706,996,664.27 in the previous year, indicating a rise of around 28.2%[40] - The net cash flow from operating activities was CNY 70,112,425.49, significantly higher than CNY 17,063,210.07 from the previous year[40] - Cash outflows from investing activities resulted in a net cash flow of -CNY 129,234,214.33, worsening from -CNY 65,135,306.15 in the previous year[40] - Cash inflows from financing activities were CNY 1,163,099,202.66, down from CNY 1,723,810,951.00, a decrease of approximately 32.5%[42] - The net cash flow from financing activities was -CNY 397,200,353.80, compared to a positive flow of CNY 60,572,857.33 in the previous year[42] - The ending balance of cash and cash equivalents was CNY 669,900,980.44, down from CNY 492,816,266.88 in the previous year[42] - The company reported a significant increase in cash received from sales of goods and services, totaling CNY 3,129,047,194.63, compared to CNY 2,450,673,368.28 in the previous year, an increase of approximately 27.7%[40] Current and Non-Current Assets - Total current assets as of September 30, 2021, amounted to RMB 3,072,128,214.37, a decrease from RMB 3,581,477,524.70 at the end of 2020, reflecting a decline of approximately 14.1%[24] - Cash and cash equivalents decreased to RMB 778,636,375.46 from RMB 1,359,129,221.86, representing a decline of about 42.6%[24] - Accounts receivable increased to RMB 974,287,685.19 from RMB 873,451,489.46, showing an increase of approximately 11.5%[24] - Inventory rose to RMB 860,191,737.72 from RMB 731,962,699.97, indicating an increase of around 17.5%[28] - Total non-current assets increased to RMB 3,032,726,182.30 from RMB 2,710,836,269.23, reflecting a growth of approximately 11.9%[28] - Total assets decreased to RMB 6,104,854,396.67 from RMB 6,292,313,793.93, a decline of about 3%[28] - Short-term borrowings decreased significantly to RMB 564,620,000.00 from RMB 1,071,676,439.27, a reduction of approximately 47.4%[28] - Accounts payable decreased to RMB 795,347,186.33 from RMB 836,674,498.44, reflecting a decline of about 4.9%[28] Shareholder Information - The company reported a total of 34,205 common shareholders at the end of the reporting period[20] - The largest shareholder, Jiangxi Electronic Group Co., Ltd., holds 93,762,092 shares, representing 20.59% of total shares[20] Research and Development - Research and development expenses for the third quarter amounted to CNY 132,365,416.95, compared to CNY 105,751,131.54 in the previous year, indicating a growth of 25.2%[35] - The company reported an investment income of CNY 265,519,944.67, up from CNY 194,379,995.79, reflecting a growth of 36.6%[35] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[16]