ADD(SH:603089)2021-10-27 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥425,178,559.38, representing a year-on-year increase of 43.25%[5] - The net profit attributable to shareholders for Q3 2021 was ¥13,376,716.19, an increase of 3.46% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was ¥12,577,857.33, a significant increase of 436.58% year-on-year[5] - Total operating revenue for the first three quarters of 2021 reached ¥1,126,298,787.28, a significant increase of 47% compared to ¥767,553,735.58 in the same period of 2020[16] - Operating profit for the first three quarters was ¥72,418,238.45, up from ¥55,382,173.49 in the previous year, reflecting a growth of 30%[17] - Net profit attributable to shareholders of the parent company was ¥59,519,500.49, representing a 64% increase from ¥36,299,252.50 in the same period last year[17] - The total comprehensive income for the first three quarters was ¥68,789,437.26, up from ¥46,950,280.65 in the previous year, indicating a growth of 46%[17] Earnings and Cash Flow - The basic earnings per share for Q3 2021 was ¥0.0601, a decrease of 2.91% compared to the previous quarter[6] - The company achieved a basic earnings per share of ¥0.2675, compared to ¥0.1738 in the same period last year, reflecting a 54% increase[17] - The company reported a net cash flow from operating activities of -¥20,631,756.99, a decline from ¥85,481,545.50 in the previous year, indicating cash flow challenges[19] - Cash inflow from operating activities totaled ¥1,237,909,757.98, compared to ¥877,938,799.48 in the previous year, showing an increase of 41%[19] - The company reported a decrease in other income, which fell to ¥6,469,318.51 from ¥15,587,626.34 in the previous year, a decline of 58%[16] Assets and Liabilities - The total assets at the end of Q3 2021 amounted to ¥2,057,494,930.69, reflecting a year-to-date increase of 14.08%[6] - The company's total assets as of September 30, 2021, amount to RMB 2,057,494,930.69, an increase from RMB 1,803,520,557.68 at the end of 2020[14] - Current assets total RMB 1,050,930,848.99, up from RMB 874,357,779.06 in the previous year[14] - Total liabilities are reported at RMB 850,055,529.37, compared to RMB 631,072,808.85 in the previous year[15] - Total assets amounted to $1.80 billion, a decrease from $1.83 billion at the beginning of the year[25] - Total liabilities increased to $631.07 million from $663.03 million[25] Shareholder Information - The equity attributable to shareholders at the end of Q3 2021 was ¥1,048,475,858.10, showing a slight increase of 2.45% from the end of the previous year[6] - The company's equity attributable to shareholders is RMB 1,048,475,858.10, up from RMB 1,023,370,353.88[15] - The total number of common shareholders at the end of the reporting period is 9,986[10] - Zhejiang Zhengyu Investment Co., Ltd. holds 44.27% of the shares, totaling 98,490,595 shares[10] Inventory and Receivables - Inventory has increased significantly to RMB 496,858,338.20 from RMB 341,803,655.25[14] - The accounts receivable increased to RMB 322,084,815.97 from RMB 300,331,500.30[13] - The company reported a significant increase in other receivables, totaling RMB 13,056,852.63, compared to RMB 9,753,199.39 in the previous year[13] Research and Development - Research and development expenses for the first three quarters amounted to ¥55,512,017.44, compared to ¥34,903,547.63 in the same period of 2020, marking an increase of 59%[16] Cash Flow from Financing Activities - The net cash flow from investing activities was -$74.25 million, a decrease from -$155.03 million in the previous period[20] - The total cash inflow from financing activities was $137.10 million, compared to $431.88 million last year[20] - The net cash flow from financing activities was $79.13 million, down from $142.61 million in the previous year[20] - The cash and cash equivalents at the end of the period totaled $62.61 million, a decrease from $154.52 million at the end of the previous year[20] - The company’s cash and cash equivalents decreased by $17.03 million during the quarter[20] Accounting Changes - The company implemented a new leasing standard starting January 1, 2021, affecting the financial statements[25]