CAERI(SH:601965)2021-10-19 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥790,424,534.72, a decrease of 7.00% compared to the same period last year[4] - Net profit attributable to shareholders was ¥233,714,874.09, an increase of 64.58% year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥155,977,084.14, reflecting a growth of 10.77% compared to the previous year[4] - Basic earnings per share for the quarter were ¥0.24, up 60.00% year-on-year[5] - Operating profit for Q3 2021 was ¥600,641,800.80, up 48.6% from ¥403,946,357.85 in Q3 2020[21] - Net profit attributable to shareholders of the parent company for Q3 2021 was ¥495,938,493.21, a 45.6% increase from ¥340,663,532.35 in Q3 2020[22] - Earnings per share for Q3 2021 was ¥0.51, compared to ¥0.35 in Q3 2020, reflecting a growth of 45.7%[22] - The total comprehensive income for Q3 2021 was ¥504,775,858.06, an increase from ¥345,107,965.39 in Q3 2020[22] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥7,004,373,047.15, representing a 5.41% increase from the end of the previous year[5] - The company’s total equity attributable to shareholders was ¥5,278,647,703.37, an increase of 4.65% from the previous year[5] - Total assets as of September 30, 2021, amounted to CNY 7.004 billion, an increase from CNY 6.645 billion at the end of 2020[16] - The company’s total liabilities as of September 30, 2021, were CNY 1.510 billion, compared to CNY 1.415 billion at the end of 2020[18] - Total liabilities amounted to approximately $1.415 billion, a slight decrease from $1.424 billion in the previous period[28] - Total equity reached approximately $5.229 billion, remaining stable compared to the previous period[28] - The company reported a total of $2.286 billion in undistributed profits, consistent with prior figures[28] - Non-current liabilities totaled approximately $272.9 million, reflecting a minor adjustment from $281.9 million[28] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥33,681,070.41, a significant decrease of 81.85% compared to the previous year[4] - Cash flow from operating activities for the first three quarters of 2021 was ¥1,768,624,909.07, up from ¥1,679,793,096.29 in the same period of 2020[23] - Operating cash inflow totaled CNY 1,978,250,987.12, an increase from CNY 1,779,412,219.26 in the previous year, reflecting a growth of approximately 11.2%[24] - Cash outflow from operating activities was CNY 1,944,569,916.71, compared to CNY 1,593,793,539.92 in the same period last year, indicating a rise of about 22%[24] - Net cash flow from operating activities decreased to CNY 33,681,070.41, down from CNY 185,618,679.34 year-over-year[24] - Investment cash inflow was CNY 122,639,035.96, significantly lower than CNY 456,747,320.83 in the previous year, marking a decline of approximately 73%[24] - Cash outflow from investment activities amounted to CNY 236,107,828.74, down from CNY 293,811,489.42, showing a decrease of about 19.6%[24] - Net cash flow from investment activities was negative at CNY -113,468,792.78, compared to a positive CNY 162,935,831.41 last year[24] - Financing cash inflow totaled CNY 37,341,335.00, a decrease from CNY 123,629,294.40 in the previous year, reflecting a decline of approximately 69.8%[25] - Cash outflow from financing activities was CNY 314,964,013.07, compared to CNY 247,219,869.62 last year, indicating an increase of about 27.4%[25] - The net cash flow from financing activities was negative at CNY -277,622,678.07, worsening from CNY -123,590,575.22 in the same period last year[25] - The ending cash and cash equivalents balance was CNY 845,757,926.02, down from CNY 1,304,704,201.91 at the end of the previous year[25] Revenue Growth and Segments - For the first nine months of 2021, the company achieved operating revenue of CNY 2.591 billion, a year-on-year increase of 8.39%[13] - The automotive technology service segment generated revenue of CNY 1.437 billion, up 29.15% year-on-year, driven by optimized customer structure and increased market investment in new energy and intelligent connected vehicles[13] - The company’s marketing optimization efforts contributed to the increase in net profit, alongside asset disposals related to urban redevelopment[9] - The company is focusing on enhancing its marketing strategies to improve revenue quality and increase profit margins in the automotive technology service sector[13] - Total revenue for the first three quarters of 2021 reached ¥2,591,461,390.52, an increase of 8.4% compared to ¥2,390,968,384.87 in the same period of 2020[20] Research and Development - Research and development expenses for the first three quarters of 2021 totaled ¥127,194,586.51, significantly higher than ¥73,862,427.40 in the same period of 2020, indicating a focus on innovation[20] Foreign Exchange and Other Income - The company reported a foreign exchange loss of ¥5,847,691.83 in Q3 2021, compared to a loss of ¥2,800,917.80 in Q3 2020[21] - The company reported non-operating income of ¥78,860,366.07 from the disposal of non-current assets during the reporting period[6] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[20]