JSAC(SH:600389)2021-10-25 16:00Financial Performance - Revenue for the third quarter reached ¥1,639,718,703.23, an increase of 55.15% compared to the same period last year[7] - Net profit attributable to shareholders was ¥217,734,266.20, reflecting a significant increase of 340.58% year-over-year[7] - Basic earnings per share for the quarter were ¥0.7331, up 340.58% from the previous year[10] - The weighted average return on equity increased by 7.41 percentage points to 9.70% for the quarter[10] - The net profit attributable to shareholders for the year-to-date reached ¥524,707,827.41, a 101.10% increase compared to the same period last year[7] - The company reported a net profit excluding non-recurring gains and losses of ¥512,535,626.63, up 97.17% year-over-year[7] - Total operating revenue for the first three quarters of 2021 reached CNY 4,793,108,683.01, an increase from CNY 3,767,513,901.78 in the same period of 2020, representing a growth of approximately 27.2%[30] - Net profit attributable to shareholders of the parent company for the third quarter of 2021 was CNY 524,707,827.41, compared to CNY 260,912,593.24 in the same quarter of 2020, reflecting a year-over-year increase of about 101.0%[33] - The company reported a profit before tax of CNY 640,076,928.50 for the third quarter of 2021, compared to CNY 314,298,910.63 in the same quarter of 2020, indicating a significant increase of approximately 103.5%[33] - The total comprehensive income for the third quarter of 2021 was impacted by a decrease in other comprehensive income, which was CNY -1,028,516.22 compared to CNY -368,279.42 in the same quarter of 2020[33] - The total comprehensive income for the period reached ¥534,899,933.17, a significant increase from ¥270,055,965.37 in the previous year, representing a growth of approximately 97.8%[35] Assets and Liabilities - Total assets at the end of the quarter amounted to ¥4,961,800,754.18, representing a 7.97% increase from the end of the previous year[10] - Total assets reached ¥4,961,800,754.18, up from ¥4,595,614,577.48, marking an increase of about 7.9%[25] - Total liabilities as of the end of the reporting period amounted to CNY 2,851,189,702.20, up from CNY 2,563,044,964.66 in the previous year, indicating a growth of approximately 11.3%[30] - The company's total equity attributable to shareholders reached CNY 2,056,450,830.80, compared to CNY 1,978,368,884.15 in the previous year, marking an increase of about 3.9%[30] - The total current assets as of September 30, 2021, amounted to ¥2,716,383,102.14, an increase from ¥2,459,341,987.82 as of December 31, 2020, reflecting a growth of approximately 10.5%[21] - Cash and cash equivalents decreased to ¥728,391,205.10 from ¥847,842,335.27, representing a decline of about 14.1%[21] - Accounts receivable increased to ¥868,003,649.44 from ¥752,736,029.34, showing a growth of approximately 15.3%[21] - Inventory rose to ¥567,520,076.16 compared to ¥524,522,706.38, indicating an increase of around 8.2%[25] - Short-term borrowings decreased significantly to ¥300,500,000.00 from ¥528,410,362.47, a reduction of approximately 43.2%[25] - The company reported a notable increase in accounts payable, which rose to ¥623,218,096.03 from ¥508,215,210.17, reflecting a growth of about 22.7%[25] Cash Flow - Cash flow from operating activities for the year-to-date was ¥528,335,367.09, an increase of 61.14%[10] - Cash flow from operating activities generated a net amount of ¥528,335,367.09, up from ¥327,873,401.06, reflecting a growth of about 61%[39] - Cash inflow from operating activities totaled ¥3,988,035,307.40, compared to ¥3,160,143,213.42 in the previous year, marking an increase of approximately 26%[39] - The company recorded cash outflow from investing activities of ¥880,478,921.46, significantly higher than ¥149,184,073.31 in the previous year, indicating increased investment activity[40] - The net cash flow from financing activities was -¥490,273,468.88, compared to -¥345,655,348.56 in the previous year, showing a deeper cash outflow[40] - The cash and cash equivalents at the end of the period amounted to ¥569,009,488.49, an increase from ¥431,227,343.08 in the previous year[40] - The company received cash from investment recovery totaling ¥620,000,000.00, which was not recorded in the previous year[39] - The total cash inflow from investment activities was ¥641,086,862.48, a substantial increase from ¥20,126,365.32 in the previous year[39] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 13,950[15] - The largest shareholder, Nantong Industrial Holding Group Co., Ltd., holds 29.30% of the shares, totaling 87,019,707 shares[15] Research and Development - Research and development expenses for the first three quarters of 2021 were CNY 150,498,809.38, compared to CNY 138,287,928.03 in the same period of 2020, showing an increase of approximately 8.8%[30] - The company has not disclosed any new product developments or market expansion strategies during this reporting period[21] - There are no significant mergers or acquisitions reported in the current financial period[21] Employee Compensation - The company paid ¥227,218,146.12 in employee compensation, up from ¥195,176,243.77, reflecting a growth of approximately 16%[39] - The company has a total of approximately $90.58 million in employee compensation payable, reflecting its commitment to workforce management[47]