SHBT(SH:603009)2021-10-27 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥389,490,058.91, a decrease of 0.74% compared to the same period last year[5]. - The net profit attributable to shareholders was ¥10,355,047.88, down 17.99% year-on-year, while the net profit excluding non-recurring gains and losses was ¥9,025,934.50, a decrease of 20.97%[5]. - Year-to-date net profit attributable to shareholders reached ¥51,389,982.86, an increase of 392.91% compared to the same period last year[5]. - The basic and diluted earnings per share for the current period were both ¥0.0289, a decrease of 17.66% year-on-year[6]. - Net profit for the third quarter of 2021 was ¥48,079,821.82, compared to ¥5,232,010.19 in the same quarter of 2020, marking a substantial increase[24]. - Earnings per share for the third quarter of 2021 were ¥0.1432, significantly higher than ¥0.0290 in the same quarter of 2020[25]. - The company reported a total profit of ¥54,401,701.42 for the third quarter of 2021, compared to ¥3,566,106.03 in the same quarter of 2020[24]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,159,896,222.89, a decrease of 3.65% from the end of the previous year[6]. - Total current assets as of September 30, 2021, amount to ¥1,386,115,834.53, a decrease from ¥1,487,874,821.63 at the end of 2020[17]. - Total non-current assets as of September 30, 2021, amount to ¥1,773,780,388.36, down from ¥1,791,595,008.05 at the end of 2020[19]. - The total liabilities as of the end of the third quarter of 2021 amounted to ¥1,558,926,615.20, down from ¥1,723,080,031.82 at the end of the previous year[20]. - Total liabilities include accounts payable of ¥423,912,914.48, down from ¥540,001,625.56 year-over-year[19]. Cash Flow - The company reported cash flow from operating activities of ¥145,123,801.40 year-to-date, reflecting a decrease of 7.76%[6]. - Cash inflow from operating activities for the first three quarters of 2021 totaled ¥1,080,804,565.72, compared to ¥819,956,954.10 in 2020, indicating a growth of 31.8%[27]. - The net cash flow from operating activities was 145,123,801.40, a decrease of 7.7% compared to 157,338,577.39 in the previous year[28]. - Cash outflow from operating activities totaled 935,680,764.32, up 41.2% from 662,618,376.71 year-over-year[28]. - The net cash flow from investing activities was -67,411,701.43, an improvement from -74,736,801.14 in the same quarter last year[28]. - Cash inflow from financing activities was 328,858,813.02, down 56.0% from 745,538,123.77 year-over-year[28]. - The net cash flow from financing activities was -111,821,871.74, slightly better than -133,530,582.38 in the previous year[28]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 24,710[14]. - The largest shareholder, Jin Kun, holds 106,884,100 shares, representing 29.80% of total shares, with 51,816,882 shares pledged[14]. Operational Challenges - The company faced challenges due to the overall downturn in the automotive industry and the impact of the COVID-19 pandemic, but managed to improve profitability through cost reduction measures[10]. - The company is actively responding to the negative impacts of chip shortages and rising raw material costs, leading to a steady increase in revenue and improved profitability[10]. Research and Development - Research and development expenses for the first three quarters of 2021 were ¥52,619,895.90, compared to ¥47,170,360.61 in 2020, showing an increase of 11.6%[23].