SUMEC(SH:600710)2021-10-25 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥44,952,761,569.08, representing a year-on-year increase of 67.95%[4] - The net profit attributable to shareholders for the same period was ¥280,473,873.09, with a slight increase of 1.58% compared to the previous year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥307,431,768.14, reflecting a year-on-year growth of 19.94%[4] - Total operating revenue for the first three quarters of 2021 reached ¥124.16 billion, a significant increase from ¥70.45 billion in the same period of 2020, representing an increase of approximately 76.3%[25] - Net profit for the first three quarters of 2021 was ¥1.81 billion, up from ¥1.34 billion in 2020, indicating a growth of approximately 34.7%[27] - The company's operating profit for the first three quarters of 2021 was ¥2.56 billion, compared to ¥1.76 billion in the same period of 2020, marking an increase of around 46%[27] - The total comprehensive income for the period reached ¥1,758,719,466.19, an increase of 26.1% compared to ¥1,394,176,114.70 in the same period last year[29] - Basic and diluted earnings per share improved to ¥0.50, up from ¥0.40, reflecting a 25% increase year-over-year[29] Assets and Liabilities - The total assets at the end of the reporting period reached ¥56,893,994,900.55, an increase of 27.12% from the end of the previous year[6] - The total liabilities increased to CNY 42.06 billion, up from CNY 32.99 billion, representing a growth of about 27.5%[18] - The total assets of the company reached ¥56.89 billion, up from ¥44.76 billion in the previous year, indicating an increase of about 27%[20] - The total liabilities of the company as of the reporting date were ¥45.84 billion, up from ¥33.78 billion in the previous year, indicating an increase of about 36%[20] - Total liabilities decreased to ¥33,780,842,781.25 from ¥35,315,746,996.03, a reduction of ¥1,534,904,214.78[40] Cash Flow - The company reported a net cash flow from operating activities of -¥811,095,271.46 for the year-to-date, indicating cash outflow due to increased operational scale[4] - Cash inflows from operating activities totaled ¥137,483,801,892.26, significantly higher than ¥83,385,837,131.77 in the previous year, marking a 64.9% increase[33] - The net cash outflow from operating activities was ¥811,095,271.46, contrasting with a net inflow of ¥2,949,838,847.21 in the same period last year[33] - The company reported a net cash outflow from investing activities of ¥1,503,656,383.45, compared to a smaller outflow of ¥603,406,456.53 in the same period last year[33] - Total cash inflows from financing activities were ¥24,308,169,956.88, up from ¥13,430,760,405.99 in the previous year, indicating an increase of 80.5%[33] - The net cash inflow from financing activities was ¥2,826,268,493.40, a turnaround from a net outflow of ¥3,436,915,439.66 in the same period last year[33] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 38,892, with the largest shareholder being China National Machinery Industry Corporation, holding 34.10% of shares[10] - The total equity attributable to shareholders of the parent company was ¥5.54 billion, compared to ¥5.22 billion in the previous year, representing an increase of approximately 6.1%[20] Operational Highlights - The company experienced a significant increase in revenue driven by growth in its supply chain operations and major business segments such as consumer goods and environmental protection[9] - The company plans to continue expanding its market presence and enhancing its operational capabilities in response to the growth in its business segments[9] Research and Development - Research and development expenses for the first three quarters of 2021 amounted to ¥280.82 million, an increase from ¥230.28 million in 2020, reflecting a growth of approximately 21.8%[25] Tax and Financial Expenses - The company reported a tax expense of ¥642.79 million for the first three quarters of 2021, compared to ¥424.29 million in 2020, reflecting an increase of approximately 51.6%[27] - The company's financial expenses decreased to ¥221.69 million in the first three quarters of 2021 from ¥396.71 million in 2020, a reduction of about 44%[25]