2021-10-20 16:00Financial Performance - The company's operating revenue for Q3 2021 was RMB 2,309,245,108.81, representing a year-on-year increase of 51.89%[4] - The net profit attributable to shareholders for Q3 2021 was RMB 455,822,031.12, reflecting a year-on-year growth of 29.89%[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was RMB 445,675,901.34, with a year-on-year increase of 30.79%[4] - Total operating revenue for the first three quarters of 2021 reached ¥6,337,267,597.37, a significant increase of 57.6% compared to ¥4,016,570,656.49 in the same period of 2020[24] - Operating profit for the third quarter was ¥1,944,537,321.97, up 96.5% from ¥990,992,778.99 year-on-year[25] - Net profit attributable to shareholders of the parent company for the third quarter was ¥1,716,852,020.15, compared to ¥811,733,308.15 in the previous year, reflecting a growth of 111.5%[25] - Total comprehensive income for the period reached CNY 1,728,409,695.18, an increase of 802,376,356.78 compared to the previous year[26] Assets and Liabilities - The total assets at the end of Q3 2021 reached RMB 18,000,510,159.02, marking a 46.75% increase compared to the end of the previous year[5] - The total assets of the company reached ¥18,000,510,159.02, up from ¥12,265,800,375.02, indicating a growth of 46.7%[23] - The total liabilities increased to approximately RMB 7.73 billion, up from RMB 5.57 billion, reflecting a growth of 38.7%[21] - Total liabilities increased to ¥6,607,996,059.83 from ¥5,031,057,735.17, marking a rise of 31.4%[23] - The company's non-current assets totaled approximately RMB 10.27 billion, up from RMB 6.70 billion, representing a growth of 53.5%[21] Shareholder Information - The total number of common shareholders at the end of the reporting period is 78,079, with the top 10 shareholders holding 1,353,000,000 shares, accounting for 63.73% of the total shares[11] - The largest shareholder, Hong Kong Central Clearing Limited, holds 449,955,880 shares, representing 20.96% of the total shares[11] - The top 10 shareholders include several individuals, with the second-largest shareholder, Ruan Hongliang, holding 439,358,400 shares, or 20.46%[11] Cash Flow - The net cash flow from operating activities for the year-to-date was RMB -900,428,944.93, indicating a decrease of 153.32% compared to the previous year[5] - Cash inflow from investment activities totaled CNY 2,153,902,546.16, compared to CNY 1,962,613,471.42 in the prior year[27] - Net cash flow from financing activities was CNY 3,849,986,111.96, significantly higher than CNY 1,613,343,587.98 in the same period last year[28] - The company received CNY 3,591,585,177.90 in cash from sales of goods and services, down from CNY 4,794,393,648.61 in the same period last year[27] - Total cash outflow from operating activities was CNY 4,765,675,603.68, an increase from CNY 3,266,289,416.98 in the previous year[27] Inventory and Current Assets - As of September 30, 2021, the company's total current assets reached approximately RMB 7.73 billion, an increase from RMB 5.57 billion as of December 31, 2020, representing a growth of 38.7%[21] - The company's inventory increased significantly to approximately RMB 1.29 billion, up from RMB 479 million, marking a growth of 168.5%[21] - The company’s cash and cash equivalents increased to approximately RMB 1.98 billion from RMB 1.59 billion, a growth of 24.2%[20] Strategic Initiatives - The company plans to issue up to 76,000,000 new H shares, which has been approved by the China Securities Regulatory Commission[14] - The company aims to raise a total of up to RMB 4 billion through the issuance of A-share convertible bonds[14] - The company signed a strategic cooperation agreement with JA Solar for the sale of approximately 230 million square meters of photovoltaic glass[17] Incentive Plans - The company granted 700,000 A-share restricted stocks to three eligible incentive recipients as part of its incentive plan[16] - The company approved a stock option incentive plan to grant a total of 5,947,858 stock options, with 5,353,072 options to be granted initially[18] Other Financial Metrics - The basic earnings per share for Q3 2021 was RMB 0.21, up 16.67% compared to the same period last year[5] - The diluted earnings per share for Q3 2021 was also RMB 0.21, reflecting a 16.67% increase year-on-year[5] - Research and development expenses for the first three quarters amounted to ¥303,236,157.80, an increase of 72.3% compared to ¥176,033,280.28 in the same period last year[24] - The total cost of operations was ¥4,467,865,886.88, which is 49.2% higher than ¥2,993,488,137.65 in the previous year[24]