BYIS(SH:600581)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥9,154,413,415.37, representing a year-on-year increase of 56.11%[5] - The net profit attributable to shareholders for the same period was ¥955,196,920.87, a significant increase of 309.37% compared to the previous year[5] - The basic earnings per share for Q3 2021 was ¥0.624, reflecting a 313.25% increase year-on-year[6] - The company's operating revenue for the first three quarters of 2021 reached ¥23.81 billion, a significant increase of 51.8% compared to ¥15.67 billion in the same period of 2020[19] - The net profit for the first three quarters of 2021 was ¥2.23 billion, up 638.4% from ¥302.53 million in the first three quarters of 2020[20] - The total profit for the first three quarters of 2021 was ¥2.61 billion, compared to ¥345.90 million in the same period of 2020, reflecting strong operational performance[20] - The company's total comprehensive income for the first three quarters of 2021 was ¥2.23 billion, compared to ¥299.36 million in the same period of 2020[21] Assets and Liabilities - Total assets at the end of the reporting period reached ¥27,063,525,665.82, marking a 20.58% increase from the end of the previous year[6] - Current assets totaled CNY 11,096,117,599.79, up from CNY 8,396,665,254.56, indicating a growth of about 32.2%[14] - Inventory increased to CNY 4,091,284,634.69 from CNY 3,166,828,468.39, reflecting a rise of approximately 29.2%[14] - Total liabilities amounted to CNY 20,333,803,451.65, compared to CNY 17,939,358,127.89, marking an increase of around 13.3%[16] - The company's equity rose to CNY 6,729,722,214.17 from CNY 4,505,420,924.70, showing a significant increase of approximately 49.3%[16] Cash Flow and Financing - The company's cash flow from operating activities for the year-to-date was ¥764,902,580.76, showing a 4.51% increase[6] - The cash flow from operating activities for the first three quarters of 2021 was ¥764.90 million, slightly up from ¥731.92 million in the same period of 2020[22] - The company reported a net increase in cash and cash equivalents of ¥1.06 billion for the first three quarters of 2021, compared to ¥682.30 million in 2020[23] - The cash inflow from financing activities was ¥5.29 billion in 2021, compared to ¥4.74 billion in 2020, indicating robust financing efforts[23] Research and Development - Research and development expenses surged by 3,658.95%, indicating a strong focus on innovation and technology upgrades[9] - Research and development expenses surged to ¥413.03 million in 2021, compared to only ¥5.39 million in 2020, indicating a strong focus on innovation[19] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 62,390[11] - The company's total equity attributable to shareholders increased by 49.37% to ¥6,729,722,214.17 compared to the previous year[6] Operational Costs - The company reported a 44.70% increase in operating costs due to rising raw material prices and increased sales volume[9] Other Financial Metrics - The weighted average return on equity was 15.31%, up from 9.99% in the same period last year[6] - The company's financial expenses increased to ¥276.27 million in 2021 from ¥245.01 million in 2020, primarily due to interest expenses[19] - Cash and cash equivalents stood at CNY 3,463,660,458.12, up from CNY 2,407,635,865.98, representing a growth of about 44%[14] - Accounts receivable surged to CNY 746,567,162.05 from CNY 61,637,838.48, indicating a dramatic increase of approximately 1118%[14] Investment Activities - The company has ongoing investments in fixed assets totaling CNY 13,301,905,111.80, slightly down from CNY 13,622,971,847.48[15] - The company is focusing on expanding its market presence and enhancing its product offerings through new technology developments[13]