XCEC(SH:600777)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥1,243,714,223.21, representing a year-on-year increase of 7.29%[4]. - The net profit attributable to shareholders for Q3 2021 was ¥199,737,861.61, with a significant increase of 446.88% year-to-date, totaling ¥502,485,769.11[4][5]. - The basic earnings per share for Q3 2021 was ¥0.0294, reflecting a year-to-date increase of 427.86%[5][7]. - The net profit attributable to shareholders for Q3 2021 was ¥502,485,769.11, a significant increase from ¥91,882,390.36 in Q3 2020, representing a growth of approximately 447%[19]. - The total profit for Q3 2021 reached ¥626,807,042.73, compared to ¥139,147,055.99 in the same period last year, indicating an increase of about 350%[19]. - The operating profit for Q3 2021 was ¥625,885,278.20, up from ¥138,453,552.19 in Q3 2020, reflecting a growth of approximately 352%[19]. - The total comprehensive income for Q3 2021 was -¥64,040,759.52, an improvement from -¥206,272,019.91 in Q3 2020[19]. - The company reported a net loss of CNY 281,325,010.04 for the first three quarters of 2021, compared to a net loss of CNY 783,810,779.15 in the same period of 2020, indicating an improvement in financial performance[15]. Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥26,762,016,228.71, an increase of 17.74% compared to the end of the previous year[5]. - The total assets as of September 30, 2021, amounted to CNY 26,762,016,228.71, an increase from CNY 22,729,928,962.75 at the end of 2020[15]. - Current assets totaled CNY 2,796,593,169.34 as of September 30, 2021, compared to CNY 2,008,976,663.10 at the end of 2020, indicating a growth of 39.19%[13]. - Non-current assets reached CNY 23,965,423,059.37, up from CNY 20,720,952,299.65, representing a growth of 10.81%[13]. - Total liabilities as of September 30, 2021, were CNY 14,397,989,951.95, compared to CNY 10,301,861,926.47 at the end of 2020, marking an increase of 39.67%[14]. - The company's equity attributable to shareholders was CNY 12,364,026,276.76, slightly down from CNY 12,428,067,036.28 at the end of 2020[15]. - The cash and cash equivalents decreased to CNY 796,275,229.21 from CNY 831,314,948.03, a decline of 4.21%[12]. - Accounts receivable increased significantly to CNY 1,404,918,370.65 from CNY 753,404,597.33, reflecting an increase of 86.39%[13]. Cash Flow - The net cash flow from operating activities year-to-date was ¥2,243,611,813.71, showing a decrease of 6.32% compared to the previous year[5]. - The cash flow from operating activities for the first nine months of 2021 was ¥2,243,611,813.71, slightly down from ¥2,395,001,472.17 in the same period of 2020[21]. - The company reported a decrease in cash received from sales and services, totaling ¥2,996,311,585.53 in the first nine months of 2021, compared to ¥3,844,041,190.04 in the previous year, a decline of about 22%[21]. - The cash flow from investing activities for Q3 2021 was -¥3,999,210,886.14, compared to -¥1,899,041,072.42 in Q3 2020, indicating a significant increase in cash outflow[22]. - The cash flow from financing activities for Q3 2021 was ¥1,742,665,857.68, contrasting with a negative cash flow of -¥576,157,245.86 in Q3 2020, showing a turnaround in financing activities[22]. Cost Management - Total operating revenue for the first three quarters of 2021 was CNY 3,353,437,459.86, a decrease of 7.48% compared to CNY 3,625,069,795.22 in the same period of 2020[16]. - Total operating costs for the first three quarters of 2021 were CNY 2,723,957,654.45, down from CNY 3,607,935,128.23 in 2020, reflecting a significant reduction in costs[16]. Other Information - The company reported non-recurring gains and losses totaling ¥288,887.70 for Q3 2021[6]. - The company experienced a rise in oil and gas prices, which contributed to the increase in net profit for the reporting period[7]. - The company has not disclosed any new product developments or market expansion strategies in the current report[10]. - The company implemented new leasing standards effective January 1, 2021, resulting in adjustments to various asset and liability accounts[26]. - The adjustment for "prepayments" was CNY -754,188.56, while "other current assets" saw an increase of CNY 3,992.53[26]. - The "right-of-use assets" increased by CNY 29,801,458.98, and "lease liabilities" also increased by CNY 29,051,262.95[26].