GGITG(SH:601086)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥231,812,172.41, a decrease of 9.08% compared to the same period last year[3]. - Net profit attributable to shareholders was ¥35,170,905.01, down 0.77% year-on-year, while the net profit excluding non-recurring gains and losses increased by 17.26% to ¥31,218,950.42[3]. - Total operating revenue for the first three quarters of 2021 reached ¥752,993,862.09, an increase of 14.66% compared to ¥656,494,297.15 in the same period of 2020[15]. - Net profit for the first three quarters of 2021 was ¥85,852,227.05, representing a 54.73% increase from ¥55,446,708.42 in the previous year[17]. - The company reported a total profit of ¥118,601,558.01 for the first three quarters, up from ¥78,216,570.48 in the previous year[17]. - Earnings per share for the current period were ¥0.13, compared to ¥0.08 in the same period last year, reflecting a 62.5% increase[17]. Assets and Liabilities - The total assets at the end of the reporting period reached ¥3,034,461,674.03, reflecting a year-on-year increase of 16.01%[4]. - Total assets as of September 30, 2021, were RMB 3,034,461,674.03, compared to RMB 2,615,669,869.89 at the end of 2020[13]. - The total liabilities stood at RMB 1,154,067,214.44, indicating a healthy balance sheet with manageable debt levels[13]. - The total liabilities of the company stood at ¥1,486,195,151.18, compared to ¥749,499,166.21 in the previous year, indicating a significant increase[14]. - The total equity attributable to shareholders was ¥1,548,266,522.85, down from ¥1,866,170,703.68 year-on-year[14]. - The company reported a total non-current asset value of RMB 1,880,394,459.59, slightly up from RMB 1,804,234,111.90 year-over-year[13]. Cash Flow - Cash flow from operating activities showed a significant increase of 391.31%, totaling ¥164,170,355.49[3]. - The cash inflow from operating activities for the first three quarters of 2021 was CNY 2,224,665,530.48, an increase of 13.8% compared to CNY 1,953,494,079.96 in the same period of 2020[19]. - The net cash flow from operating activities was CNY 164,170,355.49, significantly up from CNY 33,414,904.23 in the first three quarters of 2020, representing a growth of 390.5%[19]. - The net cash flow from investing activities was CNY 182,105,461.61, recovering from a negative cash flow of CNY -73,583,994.04 in the same period last year[20]. Inventory and Receivables - Accounts receivable surged by 316.11%, mainly due to an increase in rental income[6]. - Accounts receivable increased to RMB 6,232,635.32 from RMB 1,497,827.45, indicating a significant rise in credit sales[12]. - The company has a significant inventory of RMB 119,779,252.04, compared to RMB 105,879,623.77 in the previous year, suggesting potential for increased sales[12]. Tax and Other Expenses - The company incurred tax expenses of ¥32,749,330.96, compared to ¥22,769,862.07 in the same period of 2020[17]. - The company paid CNY 99,962,068.57 in taxes, which is an increase of 40.5% compared to CNY 71,028,996.61 in the previous year[19]. - Other comprehensive income after tax was ¥8,976,858.29, down from ¥42,282,305.91 year-on-year[17]. Shareholder Information - The company has a notable amount of pledged shares, with major shareholders holding significant stakes, which may impact future financing strategies[10]. - The company’s capital reserve remained stable at ¥354,530,847.21, with no changes reported[25]. - The company has a retained earnings balance of ¥480,905,477.58, unchanged from the previous period[25].