SHD(SH:600630)2021-10-28 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥887,567,498.14, representing an increase of 8.85% compared to the same period last year[7]. - Net profit attributable to shareholders for the same period was ¥7,337,153.78, a significant increase of 140.87% year-on-year[7]. - The net profit after deducting non-recurring gains and losses reached ¥5,166,289.44, up by 126.92% compared to the previous year[7]. - The basic earnings per share for Q3 2021 was ¥0.02, reflecting a 150% increase from the same period last year[9]. - The net profit for the current period is 22,110,997.80 RMB, a significant recovery from a net loss of 119,012,862.97 RMB in the previous period[29]. - The total profit amount is 32,154,268.59 RMB, compared to a total loss of 106,247,004.76 RMB in the same period last year[29]. - The operating profit stands at 29,888,823.60 RMB, a turnaround from an operating loss of 88,505,147.90 RMB previously[29]. - Basic and diluted earnings per share are both 0.05 RMB, recovering from a loss of 0.28 RMB per share in the previous period[31]. Assets and Liabilities - The total assets as of September 30, 2021, amounted to ¥2,846,350,372.07, an increase of 8.37% from the end of the previous year[9]. - The total assets of the company reached CNY 2,846,350,372.07, an increase from CNY 2,626,494,109.33 year-over-year[26]. - Total liabilities amounted to CNY 1,277,995,315.85, compared to CNY 1,078,600,268.42 in the previous year, indicating a rise in financial obligations[24]. - The total liabilities increased from 1,078,600,268.42 RMB to 1,116,815,655.15 RMB, indicating a rise in financial obligations[41]. - The company has a long-term debt of 100,091,055.55 RMB, which is a critical component of its capital structure[41]. Equity and Shareholder Information - The company’s total equity attributable to shareholders was ¥1,547,545,554.62, reflecting a 1.37% increase from the end of the previous year[9]. - The company's equity attributable to shareholders was CNY 1,547,545,554.62, slightly up from CNY 1,526,692,340.71[24]. - The total equity attributable to shareholders remained stable at 1,526,692,340.71 RMB, reflecting consistent shareholder value[41]. - The company reported a total of 59,520 ordinary shareholders at the end of the reporting period[13]. Cash Flow and Financial Activities - The net cash flow from operating activities for the year-to-date was -¥82,966,917.07, a decline of 494.58% compared to the previous year[9]. - The cash flow from operating activities shows a net outflow of 82,966,917.07 RMB, contrasting with a net inflow of 21,026,525.83 RMB in the prior year[34]. - The cash inflow from investment activities is 58,203,635.88 RMB, compared to 7,163,998.27 RMB in the previous year[34]. - The cash inflow from financing activities is 717,469,058.12 RMB, slightly down from 749,420,668.96 RMB in the same period last year[34]. - The net cash flow from financing activities was -45,453,348.12 RMB, a significant decrease compared to 103,882,410.05 RMB in the previous period, indicating a shift in financing strategy[36]. - The total cash and cash equivalents at the end of the period decreased to 291,878,390.96 RMB from 369,007,880.90 RMB, reflecting a net decrease of 83,949,433.17 RMB[36]. Operational Efficiency and Cost Management - Total operating costs for the first three quarters of 2021 were CNY 2,342,997,089.19, down 6.6% from CNY 2,509,132,932.13 in the previous year[26]. - The company reported a decrease in sales expenses to CNY 458,572,109.45 from CNY 503,975,991.45, reflecting cost control measures[26]. - The cash flow from operating activities was not detailed, but the overall cash position suggests a need for improved operational efficiency[36]. Research and Development - Research and development expenses increased to CNY 31,034,337.75, up from CNY 28,229,371.25, reflecting a focus on innovation[26]. Government Support - The company received government subsidies amounting to ¥1,341,594.26 during the reporting period[9]. Inventory and Stock Management - Inventory increased to CNY 785,723,656.59 from CNY 596,113,395.72, suggesting a buildup of stock[21]. - Deferred tax assets were reported at CNY 1,550,944.59, consistent with the previous year's figure of CNY 1,551,540.84, indicating stable tax asset management[21]. Compliance and Future Outlook - The company is in compliance with the new leasing standards effective from 2021, which may impact future financial reporting[36]. - The company is focusing on expanding its market presence, although specific strategies were not disclosed in the report[42].