KEC(SH:600997)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was CNY 5,408,176,103.58, representing a year-on-year increase of 20.45%[4] - The net profit attributable to shareholders for Q3 2021 was CNY 479,145,920.44, reflecting a significant increase of 91.95% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was CNY 479,597,032.46, up 92.04% year-on-year[4] - The basic earnings per share for Q3 2021 was CNY 0.30, an increase of 87.50% compared to the same period last year[4] - The diluted earnings per share for Q3 2021 was also CNY 0.30, reflecting the same growth of 87.50% year-on-year[4] - Total operating revenue for the first three quarters of 2021 reached ¥16,355,700,010.42, an increase of 20.5% compared to ¥13,525,169,115.01 in the same period of 2020[18] - Net profit for the first three quarters of 2021 was ¥1,920,012,994.49, compared to ¥902,018,343.60 in 2020, representing a growth of 112.5%[20] - Earnings per share for the first three quarters of 2021 were ¥1.01, up from ¥0.51 in the same period last year, indicating a 98% increase[20] - The company reported a total profit of ¥2,488,994,801.85 for the first three quarters of 2021, significantly higher than ¥1,181,473,656.61 in 2020, reflecting a growth of 110.8%[20] Assets and Liabilities - The total assets at the end of Q3 2021 amounted to CNY 29,251,122,772.88, which is a 6.92% increase from the end of the previous year[4] - The total liabilities of the company as of the reporting date were ¥13,770,787,560.83, compared to ¥13,126,728,223.93 in the previous year, showing an increase of 4.9%[16] - The total equity attributable to shareholders reached ¥13,297,234,741.63, up from ¥12,090,464,865.30, indicating an increase of 10%[16] - The company's total assets amounted to ¥29,251,122,772.88, compared to ¥27,356,966,395.26 in the previous year, reflecting a growth of 6.9%[16] - Total assets amounted to approximately $27.36 billion, a decrease of $0.09 billion compared to the previous period[32] - Total liabilities reached approximately $13.13 billion, reflecting a decrease of $0.09 billion from the prior period[34] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 2,849,155,325.53, showing a substantial increase of 1,120.78% compared to the same period last year[4] - In the first three quarters of 2021, the cash inflow from operating activities was approximately CNY 16.59 billion, a significant increase from CNY 11.28 billion in the same period of 2020, representing a growth of 47.1%[24] - The net cash flow from operating activities for the first three quarters of 2021 was CNY 2.85 billion, compared to CNY 233.39 million in the same period of 2020, indicating a substantial increase[24] - The cash inflow from sales of goods and services was CNY 16.69 billion in the first three quarters of 2021, compared to CNY 11.39 billion in 2020, representing a growth of 46.5%[24] - The cash and cash equivalents at the end of the third quarter of 2021 amounted to CNY 7.98 billion, an increase from CNY 4.59 billion at the end of the same period in 2020, representing a growth of 73.5%[26] Shareholder Information - The company reported a total of 53,778 common shareholders at the end of the reporting period[11] - The largest shareholder, Kailuan Group Co., Ltd., held 732,262,656 shares, representing 46.12% of total shares[11] - The company has no known related party relationships among the top ten shareholders[11] Costs and Expenses - Total operating costs amounted to ¥13,913,274,206.19, up from ¥12,396,944,818.87, reflecting a year-over-year increase of 12.2%[18] - Research and development expenses increased to ¥133,783,213.54 from ¥105,844,109.83, marking a rise of 26.4% year-over-year[18] - Tax expenses for the first three quarters of 2021 were ¥568,981,807.36, compared to ¥279,455,313.01 in the previous year, an increase of 103.6%[20] - The company paid CNY 1.42 billion in taxes in the first three quarters of 2021, up from CNY 874.16 million in the same period of 2020, reflecting a 62.5% increase[24] Investment Activities - The total cash outflow from investing activities in the first three quarters of 2021 was CNY 909.23 million, up from CNY 494.11 million in 2020, reflecting a 83.9% increase[26] - The company reported a net cash outflow from investing activities of -CNY 705.61 million in the first three quarters of 2021, compared to -CNY 357.03 million in the same period of 2020, indicating a worsening investment cash flow situation[26] - The cash paid for the acquisition of fixed assets, intangible assets, and other long-term assets was CNY 701.96 million in the first three quarters of 2021, compared to CNY 413.51 million in 2020, indicating a 69.8% increase[25]