HXSS(SH:600477)2021-10-22 16:00Financial Performance - The company's operating revenue for Q3 2021 was CNY 2,398,359,079.48, representing a year-on-year increase of 4.17%[7] - The net profit attributable to shareholders for Q3 2021 was CNY 180,148,485.16, reflecting a year-on-year increase of 6.40%[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 7,518,923.50, showing a significant decrease of 94.52% year-on-year[7] - Total operating revenue for the first three quarters of 2021 reached ¥6,741,044,298.71, an increase of 32.4% compared to ¥5,091,663,689.85 in the same period of 2020[29] - Total operating revenue for the period reached 6,503,978,428.08 CNY, an increase from 4,704,955,919.77 CNY in the previous period, reflecting a growth of approximately 38.2%[30] - Net profit for the period was 423,899,206.82 CNY, down from 670,378,234.34 CNY, indicating a decline of about 36.7%[34] - The company reported a total comprehensive income of 420,898,868.67 CNY, compared to 663,502,525.40 CNY in the previous period, a decrease of about 36.6%[36] Assets and Liabilities - The total assets at the end of Q3 2021 amounted to CNY 10,789,518,181.79, an increase of 20.36% compared to the end of the previous year[10] - As of September 30, 2021, total assets amounted to ¥10,789,518,181.79, up from ¥8,964,703,841.12 at the end of 2020, reflecting a growth of 20.4%[27] - Total liabilities reached ¥6,305,730,006.90, up from ¥4,722,208,911.37, which is an increase of 33.5%[27] - The company's total liabilities amounted to 4,595,906,693.98 CNY, indicating a stable liability structure[43] - Total liabilities amounted to approximately $4.72 billion, with total equity reaching about $4.24 billion, resulting in total assets of approximately $8.96 billion[45] Equity and Shareholder Information - The total equity attributable to shareholders at the end of Q3 2021 was CNY 4,186,899,615.59, an increase of 3.26% compared to the previous year[10] - The company's equity attributable to shareholders was ¥4,186,899,615.59, compared to ¥4,054,802,484.59, showing a growth of 3.3%[27] - The company's retained earnings stood at approximately $1.38 billion, contributing significantly to the total equity[45] - The minority interest in equity was approximately $187.69 million, showcasing the presence of minority shareholders[45] Cash Flow and Investments - The net cash flow from operating activities for the year-to-date was CNY -430,659,738.54, indicating a decline of 393.98%[10] - Cash inflow from operating activities totaled 6,504,597,943.40 CNY, up from 5,190,140,654.68 CNY, marking an increase of about 25.4%[38] - The net cash flow from operating activities was -430,659,738.54 CNY, a significant decline compared to 146,491,475.65 CNY in the previous period, indicating a negative performance in operational cash generation[39] - Total cash outflow from investing activities amounted to 411,818,763.27 CNY, up from 279,712,728.21 CNY, reflecting increased investment expenditures[39] - The cash inflow from investment activities decreased to 354,327,620.61 CNY from 620,978,471.86 CNY, reflecting reduced investment returns[39] Costs and Expenses - The total operating costs amounted to 6,503,978,428.08 CNY, compared to 4,704,955,919.77 CNY, indicating an increase of approximately 38.2%[30] - Research and development expenses increased to 253,165,390.40 CNY from 207,746,548.82 CNY, representing a rise of approximately 21.8%[30] - The company reported a decrease in tax expenses to 67,923,154.39 CNY from 141,066,521.58 CNY, a reduction of about 52.0%[34] - The cash outflow for employee compensation was 557,760,036.33 CNY, an increase from 475,166,143.51 CNY, indicating rising labor costs[39] Regulatory and Compliance - The company received approval from the China Securities Regulatory Commission for a non-public issuance of A-shares on March 23, 2021[18] - The company adopted new leasing standards effective January 1, 2021, impacting the financial statements and retained earnings[47]