LSGC(SH:600738)2021-10-26 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥190,412,743.12, representing a year-over-year increase of 36.58%[3] - The net profit attributable to shareholders for Q3 2021 was ¥59,887,840.80, reflecting a significant increase of 151.29% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was ¥60,238,484.52, up by 134.11% year-over-year[3] - The basic earnings per share for Q3 2021 was ¥0.077, an increase of 151.29% compared to the same period last year[4] - The company reported a year-to-date net profit attributable to shareholders of ¥131,979,014.57, which is a 66.15% increase compared to the same period last year[3] - Total operating revenue for the first three quarters of 2021 reached ¥493,914,497.07, an increase of 13.1% compared to ¥436,639,740.19 in the same period of 2020[17] - Net profit for the first three quarters of 2021 was ¥131,790,543.62, representing a significant increase of 66.0% compared to ¥79,435,269.85 in the previous year[18] - Basic earnings per share for the first three quarters of 2021 were ¥0.171, up from ¥0.103 in the same period of 2020[18] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,402,809,618.77, showing a slight increase of 1.72% from the end of the previous year[4] - The equity attributable to shareholders at the end of the reporting period was ¥1,816,747,940.17, which is a 7.83% increase compared to the previous year[4] - Total assets as of the end of the third quarter amounted to ¥3,402,809,618.77, compared to ¥3,345,214,270.34 at the end of the previous year[15] - Total liabilities decreased to ¥1,585,965,149.55 from ¥1,660,445,344.74 year-on-year, indicating a reduction in financial obligations[15] - The company's total equity increased to ¥1,816,844,469.22, up from ¥1,684,768,925.60 in the previous year, reflecting improved financial health[15] - Long-term borrowings stood at ¥446,670,000.00, down from ¥480,000,000.00, indicating a reduction in long-term debt[15] Cash Flow - The net cash flow from operating activities for the reporting period was not applicable, but it was noted that cash received from sales increased[6] - Operating cash inflow for the first three quarters of 2021 was CNY 803,194,415.32, an increase of 12.9% compared to CNY 711,578,343.28 in the same period of 2020[20] - Net cash flow from operating activities was CNY 3,026,377.85, a significant recovery from a net outflow of CNY -85,733,936.78 in the previous year[20] - Total cash inflow from investment activities was CNY 35,735,034.00, compared to CNY 10,037,729.86 in the same period last year, marking a substantial increase[21] - Net cash flow from investment activities was CNY -324,265,538.39, worsening from CNY -278,755.71 in the previous year[21] - Cash inflow from financing activities totaled CNY 100,285,000.00, down from CNY 200,000,000.00 in the same period of 2020[21] - Net cash flow from financing activities was CNY -56,238,342.88, compared to CNY -28,943,088.87 in the previous year, indicating increased cash outflows[21] - The ending balance of cash and cash equivalents was CNY 195,651,693.21, a decrease from CNY 713,877,377.42 at the end of the previous year[21] - The company reported a cash inflow from sales of goods and services of CNY 730,964,264.57, up from CNY 647,013,066.28 in the same period last year[20] - The company incurred cash payments for purchasing goods and services amounting to CNY 602,850,707.26, an increase from CNY 495,862,151.58 in the previous year[20] - The company received CNY 1,231,195.37 in tax refunds, significantly higher than CNY 84,564.90 in the same period last year[20] Investments and Acquisitions - The company has entered into leasing agreements with Zhejiang Jianfeng Property Co., Ltd. and Hangzhou Jinghua Maternal and Child Hospital Co., Ltd., with total rental payments of RMB 200 million made to Jianfeng Property[10] - The company acquired a 34.25% stake in Hangzhou Yuchen Cultural Media Co., Ltd. for RMB 2.5 million to enhance its digital marketing capabilities[10] - A new joint venture, Meilan Fang (Hainan) Wine Industry Co., Ltd., was established with a registered capital of RMB 20 million, in which the company holds a 51% stake[11] - The company invested RMB 1 million in Shaanxi Jili Research and Biotechnology Co., Ltd. for a 25% equity stake to tap into the female consumer market[10] - The company’s subsidiary, Lishang Holdings, has confirmed a rental income of RMB 996.29 million and rental costs of RMB 531.67 million from leasing agreements[10] - The company’s subsidiary reduced its stake in Hangzhou Lishang Chengpin Network Technology Co., Ltd. from 51% to 25.5%, resulting in it no longer being included in the consolidated financial statements[10] Future Outlook - The company experienced a significant increase in revenue due to growth in leasing and real estate project settlement income[6] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[16]