SMIC(SH:600810)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥3,628,004,179.18, a decrease of 2.63% compared to the same period last year[7]. - The net profit attributable to shareholders was ¥643,654,755.89, an increase of 873.57% year-on-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥636,077,296.10, up 953.75% from the previous year[7]. - The basic earnings per share for the quarter was ¥0.70, reflecting a significant increase of 1,650% compared to the same period last year[9]. - Net profit for the third quarter of 2021 was ¥1,651,349,609.94, compared to ¥133,749,518.69 in the same quarter of 2020, indicating a significant increase[34]. - Total comprehensive income amounted to CNY 1,651,349,609.94, with a year-on-year increase of CNY 133,749,518.69[36]. - Basic earnings per share reached CNY 1.80, an increase of CNY 0.16 compared to the previous year[36]. Assets and Liabilities - The total assets at the end of the reporting period reached ¥24,707,517,361.65, representing a growth of 23.05% compared to the end of the previous year[9]. - Total assets as of September 30, 2021, reached ¥24,707,517,361.65, compared to ¥20,078,984,692.28 at the end of 2020[25]. - The company reported a significant increase in accounts receivable by 75.19%, attributed to higher sales volume and prices compared to the beginning of the year[11]. - Total liabilities increased to ¥12,349,152,877.81 from ¥10,648,890,941.58 year-over-year[25]. - The company’s total liabilities as of the reporting date amounted to ¥16,448,424,765.09, an increase from ¥14,525,127,073.40 in the previous year[27]. - Current liabilities were approximately $10.65 billion, remaining unchanged from the previous period[48]. - Total liabilities reached approximately $14.53 billion, a decrease from $14.57 billion[48]. Shareholder Information - Total number of common shareholders at the end of the reporting period was 31,597[15]. - The largest shareholder, China Pingmei Shenma Energy Chemical Group Co., Ltd., holds 613,461,879 shares, accounting for 59.60% of total shares[15]. - The total equity attributable to shareholders of the parent company increased to ¥7,588,896,305.69 from ¥4,913,039,036.00, representing a growth of 54.3%[27]. - The company reported a total equity attributable to shareholders of approximately $4.91 billion[48]. Cash Flow and Investments - The cash flow from operating activities for the year-to-date was ¥1,960,545,381.71, showing a decrease of 23.12% compared to the previous year[9]. - Cash inflow from operating activities totaled CNY 8,572,478,755.65, down from CNY 19,004,659,047.13 in the same period last year[36]. - Net cash flow from operating activities was CNY 1,960,545,381.71, compared to CNY 2,550,142,151.50 in the previous year[40]. - Cash outflow from investment activities was CNY 1,882,938,577.59, compared to CNY 1,130,770,639.55 last year[40]. - Net cash flow from financing activities was CNY 1,354,270,924.09, a significant improvement from a negative CNY 51,259,606.88 in the previous year[40]. - The company received CNY 706,679,242.66 from investment absorption, compared to CNY 134,400,000.00 in the previous year[40]. - The company paid CNY 4,650,280,000.00 in debt repayment, down from CNY 7,007,705,913.23 last year[40]. Research and Development - Research and development expenses increased by 52.10% due to intensified R&D efforts during the period[14]. - Research and development expenses for the third quarter of 2021 were ¥299,947,245.35, up from ¥197,206,623.45 in the same quarter of 2020, reflecting a year-over-year increase of 52.0%[30]. Other Financial Metrics - The company's financial expenses for the third quarter of 2021 were ¥291,478,329.55, compared to ¥219,238,826.25 in the same quarter of 2020, indicating an increase of 32.9%[30]. - The company reported a profit before tax of ¥1,925,773,688.81 for the third quarter of 2021, compared to ¥150,101,564.11 in the same quarter of 2020[34]. - The company has no significant related party transactions or concerted actions among major shareholders[18]. - The company reported intangible assets of approximately $593.26 million[48].