SMTC(SH:600822)2021-10-28 16:00Financial Performance - The company's operating revenue for the third quarter was CNY 2,297,761,863.13, a decrease of 11.31% compared to the same period last year[7]. - The net profit attributable to shareholders was CNY 113,483,146.50, an increase of 425.82% year-on-year[7]. - The net profit after deducting non-recurring gains and losses was CNY 7,928,258.02, down 60.65% from the previous year[7]. - The basic earnings per share for the quarter was CNY 0.2288, reflecting a year-on-year increase of 425.82%[8]. - Total operating revenue for the first three quarters of 2021 was CNY 5,556,566,615.28, a decrease of 6.57% compared to CNY 5,948,698,750.48 in the same period of 2020[25]. - Net profit for the first three quarters of 2021 reached CNY 147,817,519.92, a significant increase of 239.67% compared to CNY 43,530,206.72 in 2020[26]. - Earnings per share for the first three quarters of 2021 was CNY 0.2967, compared to CNY 0.0814 in the same period of 2020[27]. - The company reported a total comprehensive income of CNY 148,100,803.72 for the first three quarters of 2021, up from CNY 43,644,482.46 in 2020[27]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,081,075,787.96, a decrease of 5.07% from the end of the previous year[8]. - As of September 30, 2021, the total current assets amount to 1,395,052,342.24 RMB, a decrease from 1,568,895,514.89 RMB as of December 31, 2020[20]. - The total liabilities as of September 30, 2021, are 1,092,989,206.01 RMB, compared to 1,349,227,625.27 RMB at the end of 2020[21]. - The company has reported a total equity of 988,086,581.95 RMB as of September 30, 2021[21]. - The company’s total liabilities and equity as of the reporting date were CNY 2,081,075,787.96, reflecting a decrease from CNY 2,192,205,414.78 in the previous period[22]. Cash Flow - The company reported a cash flow from operating activities of CNY -117,017,328.17 for the year-to-date[7]. - Cash flow from operating activities for the first three quarters of 2021 was negative at CNY -117,017,328.17, compared to CNY -109,341,019.16 in 2020[30]. - Net cash flow from investing activities amounted to $203,450,038.90, a significant increase from $17,286,393.82 in the previous period[31]. - Total cash and cash equivalents at the end of the period reached $793,207,239.38, up from $288,608,545.03[31]. - Cash inflow from financing activities totaled $193,721,038.50, slightly down from $200,000,000.00[31]. - The company experienced a net increase in cash and cash equivalents of $157,390,569.62, contrasting with a decrease of $17,040,100.64 in the previous period[31]. Shareholder Information - The total number of shareholders at the end of the reporting period is 38,332, with A shares accounting for 25,318 and B shares for 13,014[15]. - The largest shareholder, Bailian Group Co., Ltd., holds 238,575,962 shares, representing 48.10% of the total shares[15]. Non-Recurring Gains and Expenses - Non-recurring gains included CNY 119,656,817.23 from the disposal of non-current assets[10]. - The company experienced a significant increase in financial expenses by 98.32% due to new lease liabilities[12]. - The company’s short-term borrowings increased by 59.40%, indicating a rise in bank loans[12]. Inventory and Asset Values - The inventory value is recorded at 280,452,296.65 RMB, a decrease from 330,412,174.48 RMB year-over-year[20]. - The company has a total non-current asset value of 686,023,445.72 RMB, an increase from 623,309,899.89 RMB in the previous year[20]. - Short-term borrowings have increased to 233,472,826.11 RMB from 146,467,693.08 RMB year-over-year[21].