yyfp(SH:600963)2021-10-27 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥1,865,672,652.88, representing a year-on-year increase of 1.31%[5] - The net profit attributable to shareholders for Q3 2021 was ¥47,113,849.39, a decrease of 63.03% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥33,057,119.91, down 70.91% year-on-year[5] - The basic earnings per share for Q3 2021 was ¥0.027, reflecting a decline of 62.50% compared to the previous year[7] - The diluted earnings per share for Q3 2021 was also ¥0.027, showing a decrease of 62.50% year-on-year[7] - Total operating revenue for the first three quarters of 2021 reached ¥5,775,858,705.95, an increase of 18.1% compared to ¥4,887,278,933.91 in the same period of 2020[28] - Net profit for Q3 2021 was ¥360,538,079.43, representing a 34.5% increase from ¥267,889,729.25 in Q3 2020[30] - Earnings per share for Q3 2021 was ¥0.202, compared to ¥0.152 in Q3 2020, reflecting a growth of 32.9%[30] - The company achieved an operating profit of ¥418,315,494.13, an increase of 32.2% compared to ¥316,573,307.71 in the previous year[28] - The total comprehensive income for Q3 2021 was ¥360,538,079.43, up from ¥267,889,729.25 in Q3 2020, reflecting overall growth in profitability[30] Cash Flow and Investments - The net cash flow from operating activities for the year-to-date was ¥154,451,443.76, down 69.70% compared to the same period last year[8] - Operating cash inflow for the first three quarters of 2021 was CNY 4,722,358,696.69, an increase from CNY 4,315,923,151.69 in the same period of 2020, representing an increase of approximately 9.4%[34] - Net cash flow from operating activities decreased to CNY 154,451,443.76 in 2021 from CNY 509,814,709.95 in 2020, a decline of about 69.7%[34] - Cash outflow from investment activities was CNY 118,419,269.86 in 2021, down from CNY 194,387,300.70 in 2020, indicating a reduction of approximately 39.1%[36] - Net cash flow from financing activities was -CNY 257,823,814.81 in 2021, an improvement compared to -CNY 693,658,277.67 in 2020, reflecting a decrease in cash outflow of about 62.8%[36] - The company received CNY 14,900,000.00 from new investments in 2021, reflecting ongoing interest in attracting capital[36] Assets and Liabilities - The total assets at the end of the reporting period were ¥16,260,318,341.37, an increase of 2.72% from the end of the previous year[8] - The total assets of the company as of September 30, 2021, amounted to CNY 16,260,318,341.37, an increase from CNY 15,829,908,783.05 as of December 31, 2020, reflecting a growth of approximately 2.72%[19] - The total liabilities as of September 30, 2021, were CNY 9,847,829,978.30, compared to CNY 9,623,404,011.57, reflecting an increase of about 2.33%[19] - The company reported a total liability of ¥7,396,707,979.16, a slight increase from ¥7,249,906,931.34 in the previous year[24] - The total equity attributable to shareholders increased to ¥8,823,459,555.66 from ¥8,557,947,479.01, marking a growth of 3.1%[24] - The total equity of the company as of September 30, 2021, was CNY 6,412,488,363.07, slightly up from CNY 6,206,504,771.48, indicating an increase of about 3.31%[22] - The company's total liabilities were not explicitly detailed, but the short-term borrowings were reported at CNY 2,135,975,477.88, indicating a stable short-term debt position[39] Operational Insights - The company experienced a decline in net profit due to falling sales prices and increased operating costs in the paper product sector[11] - Research and development expenses for the first three quarters amounted to ¥189,660,259.16, up from ¥172,127,866.85 in the same period last year, indicating a focus on innovation[28] - Financial expenses rose significantly to ¥132,341,804.68 from ¥49,315,208.65, primarily due to increased interest expenses[28] Government Support - The company received government subsidies amounting to ¥10,485,977.05 during the reporting period[8]