CFHI(SH:601106)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥6,370,508,725.43, representing a year-over-year increase of 35.07%[4] - The net profit attributable to shareholders for Q3 2021 was ¥9,373,703.78, a significant increase of 157.77% compared to the same period last year[4] - Total operating revenue for the first three quarters of 2021 reached ¥16,863,256,122.82, an increase of 26.5% compared to ¥13,310,966,235.62 in the same period of 2020[19] - Net profit for the third quarter of 2021 was ¥68,197,960.70, up from ¥56,857,267.02 in the previous year, representing a growth of 19.5%[20] - The total comprehensive income for the third quarter of 2021 was ¥68,197,960.70, compared to ¥52,989,260.13 in the previous year, indicating a growth of 28.8%[21] Assets and Liabilities - The total assets at the end of the reporting period reached ¥40,571,451,163.04, reflecting a growth of 23.42% from the end of the previous year[5] - Current assets totaled RMB 27,070,885,023.35, up from RMB 21,684,211,640.15, indicating a growth of about 24.8% year-over-year[16] - The company's total equity attributable to shareholders was ¥11,201,614,517.05, showing a slight increase of 0.61% from the previous year[5] - Total liabilities as of the end of the third quarter of 2021 amounted to ¥29,245,169,064.40, up from ¥21,618,379,799.76 at the end of the previous year, indicating a growth of 35.4%[18] Cash Flow - The company reported a net cash flow from operating activities of -¥1,849,986,852.76 for the year-to-date period, a decrease of 7.64% compared to the previous year[5] - The cash inflow from operating activities for Q3 2021 was CNY 12,802,639,363.95, an increase from CNY 10,365,129,542.03 in Q3 2020, representing a growth of approximately 23.5%[22] - The net cash outflow from operating activities was CNY -1,849,986,852.76, compared to CNY -1,718,642,483.95 in the same period last year, indicating a decline in cash flow performance[22] - The cash outflow for purchasing goods and services was CNY 13,126,404,335.41, up from CNY 10,552,056,561.35 in Q3 2020, reflecting an increase of about 24%[22] - The net cash flow from financing activities was CNY 4,072,074,629.85, up from CNY 2,191,925,926.26 in the previous year, showing a growth of about 85.7%[24] Research and Development - The company increased its R&D expenses by 86.50% year-over-year, indicating a commitment to product development and quality improvement[10] - Research and development expenses increased to ¥401,915,120.92 in the first three quarters of 2021, compared to ¥215,508,305.23 in the same period of 2020, reflecting an increase of 86.3%[19] Investments - The long-term equity investment saw a dramatic increase of 647.14% due to the acquisition of a 38.74% stake in Zhongpin Shengde International Development Co., Ltd.[10] - The investment income reported was ¥11,697.78 million, primarily from the equity held in Zhongpin Shengde International Development Co., Ltd.[10] - Long-term equity investments surged to RMB 2,905,168,715.49 from RMB 388,840,621.94, reflecting a substantial increase of approximately 646.5%[16] Shareholder Information - The company has a major shareholder, China First Heavy Industries Group Co., Ltd., holding 63.88% of the shares, with a pledged amount of 2,140,000,000 shares[12] - The report indicates that there are no significant related party transactions among the top shareholders, ensuring transparency in ownership structure[13]