SCSF(SH:600779)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 reached ¥1,586,301,972.34, representing a 38.93% increase compared to the same period last year[4] - Net profit attributable to shareholders was ¥623,103,158.80, up 56.27% year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥627,792,701.02, reflecting a 58.09% increase compared to the previous year[4] - Basic earnings per share for the quarter were ¥1.2792, an increase of 56.71% year-on-year[5] - The weighted average return on equity rose to 28.19%, an increase of 4.84 percentage points from the previous year[5] - Total revenue for the first three quarters of 2021 reached ¥3,423,208,572.37, a significant increase of 75.7% compared to ¥1,945,954,088.95 in the same period of 2020[21] - The company reported a net profit of ¥1,263,971,075.64 for the first three quarters of 2021, compared to ¥849,610,043.99 in the same period of 2020, an increase of 48.8%[20] - The net profit for Q3 2021 was CNY 1,000,396,389.25, representing a 99.2% increase compared to CNY 501,818,992.18 in Q3 2020[22] - Operating profit for Q3 2021 reached CNY 1,380,171,368.27, up from CNY 656,457,593.40 in the same period last year, indicating a growth of 110.9%[22] Cash Flow and Assets - Cash flow from operating activities for the year-to-date was ¥1,444,777,761.43, showing a 91.29% increase compared to the same period last year[4] - Cash flow from operating activities for Q3 2021 was CNY 1,444,777,761.43, significantly higher than CNY 755,300,615.81 in Q3 2020, reflecting an increase of 91.1%[25] - Cash and cash equivalents as of September 30, 2021, amounted to ¥1,876,970,497.14, compared to ¥1,329,979,925.76 at the end of 2020, representing a growth of 41.0%[18] - Cash and cash equivalents at the beginning of the period were ¥1,325,334,616.68, compared to ¥1,242,610,516.70 at the same time last year, showing an increase of approximately 6.67%[26] - Cash and cash equivalents at the end of the period reached ¥1,872,284,341.53, up from ¥1,307,664,810.15, representing a growth of about 43.14%[26] - The total assets of the company reached ¥5,330,423,034.79, a 22.07% increase from the end of the previous year[5] - Total assets reached ¥5,330,423,034.79 as of Q3 2021, compared to ¥4,366,764,633.84 at the end of 2020, reflecting an increase of 22.1%[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 60,692, with the top 10 shareholders holding significant stakes[10] - Sichuan Chengdu Shuijingfang Group Co., Ltd. is the largest shareholder, holding 193,996,444 shares, which represents 39.73% of the total shares[10] - GRAND METROPOLITAN INTERNATIONAL HOLDINGS LIMITED is the second-largest shareholder, holding 114,469,776 shares, accounting for 23.44%[10] - The company has repurchased a total of 992,400 shares, which is approximately 0.20% of the total share capital, with a total payment of 118,971,601.68 RMB (excluding transaction fees)[13] - The top 10 shareholders include various investment funds and individuals, with the largest fund holding 23,366,746 shares, or 4.79%[10] - The company has not disclosed any related party relationships among the top shareholders, except for the second-largest shareholder being associated with Diageo Plc[12] - The total number of shares held by the top 10 unrestricted shareholders is 360,000,000 shares, indicating a concentration of ownership[10] Expenses and Investments - Research and development expenses surged by 305.47%, indicating increased investment in innovation[9] - Research and development expenses for Q3 2021 amounted to CNY 5,007,460.81, compared to CNY 1,234,983.01 in Q3 2020, showing a substantial increase of 304.5%[22] - Sales expenses for Q3 2021 were CNY 789,427,730.71, up from CNY 495,301,714.30 in the same quarter last year, representing a rise of 59.5%[22] - The net cash flow from investment activities increased by 134.81%, primarily due to increased investment in the production project at the Qionglai full-industry base[9] Liabilities and Equity - Total liabilities as of September 30, 2021, were ¥2,899,758,159.39, up from ¥2,230,778,263.74 at the end of 2020, representing a rise of 30.0%[20] - The company's equity attributable to shareholders increased to ¥2,430,664,875.40 in Q3 2021 from ¥2,135,986,370.10 in 2020, showing a growth of 13.8%[20] Future Outlook - The company plans to continue expanding its market presence and investing in new product development to sustain growth in the upcoming quarters[19]