Silan(SH:600460)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥1,913,513,384.09, representing a year-on-year increase of 51.98%[4] - The net profit attributable to shareholders for Q3 2021 was ¥296,756,440.07, a significant increase of 2,075.21% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses for the first nine months of 2021 was ¥687,264,713.77, reflecting a year-on-year increase of 14,883.51%[4] - Total operating revenue for Q3 2021 reached ¥5,222,002,604.31, a significant increase from ¥2,964,007,483.65 in the same period last year, representing a growth of approximately 76.1%[20] - Operating profit for Q3 2021 was ¥802,233,444.30, compared to a loss of ¥35,636,986.19 in Q3 2020, indicating a strong recovery[21] - Net profit for Q3 2021 was ¥723,430,461.10, a substantial improvement from a net loss of ¥25,792,683.82 in the previous year[21] - Basic earnings per share for Q3 2021 was ¥0.551, compared to ¥0.034 in Q3 2020, indicating improved profitability on a per-share basis[22] - Total comprehensive income for Q3 2021 was ¥724,176,201.94, a significant recovery from a loss of ¥26,461,752.46 in the same quarter of the previous year[22] Assets and Liabilities - The total assets at the end of Q3 2021 reached ¥12,686,095,031.17, marking a 28.92% increase from the end of the previous year[5] - The total equity attributable to shareholders at the end of Q3 2021 was ¥5,710,688,582.52, reflecting a 65.62% increase from the end of the previous year[5] - The company's total liabilities rose to CNY 6.38 billion, compared to CNY 5.33 billion, marking an increase of approximately 19.7%[18] - The equity attributable to shareholders reached CNY 5.71 billion, up from CNY 3.45 billion, which is an increase of about 65.7%[18] Cash Flow - The company’s cash flow from operating activities for the first nine months of 2021 showed a positive increase of ¥53,367.38 million compared to the previous year[9] - Cash flow from operating activities for the first three quarters of 2021 was ¥3,115,976,774.44, compared to ¥2,256,789,916.55 in the same period of 2020, showing a growth of approximately 37.9%[23] - The net cash flow from operating activities was 470,847,082.97, a significant improvement compared to -62,826,669.18 in the previous year[24] - Cash inflow from financing activities reached 3,705,999,965.80, compared to 2,588,197,296.98 in the previous year[24] - The net cash flow from financing activities was 1,547,554,801.25, a substantial increase from 569,446,538.99 year-over-year[24] - The total cash and cash equivalents at the end of the period were 2,433,201,807.62, up from 1,017,119,946.81 at the end of the previous year[24] Operational Activities - The company reported a total operating cost of ¥4,388,168,464.10 in Q3 2021, up from ¥2,994,937,451.64 in Q3 2020, reflecting increased operational activities[20] - Research and development expenses increased to ¥405,010,389.82 in Q3 2021, up from ¥274,727,972.70 in Q3 2020, reflecting a focus on innovation[20] - Cash paid to employees was 965,353,501.75, compared to 739,144,781.82 in the previous year, indicating a 30.6% increase[24] - Cash paid for taxes was 183,756,533.39, significantly higher than 86,117,036.97 in the same quarter last year, reflecting a 113.5% increase[24] Market and Strategic Outlook - The semiconductor industry maintained a favorable trend, with the company's revenue for the first nine months of 2021 increasing by 76.18% due to accelerated domestic substitution of chips[8] - The company plans to continue expanding its production capacity and product structure adjustments to enhance profitability in the semiconductor market[8] - The company has completed the issuance of shares for asset acquisition and matching funds, enhancing its capital structure and financial position[13] Inventory and Receivables - Inventory levels increased to CNY 1.59 billion from CNY 1.39 billion, showing a growth of approximately 15.1%[17] - The company reported a significant increase in accounts receivable, which reached CNY 1.66 billion, compared to CNY 1.19 billion, representing a growth of approximately 39.7%[17]