LSHEC(SH:603169)2021-10-19 16:00Financial Performance - The company's operating revenue for Q3 2021 reached ¥1,044,304,292.29, representing a year-on-year increase of 52.49%[5] - Net profit attributable to shareholders was ¥34,606,435.99, showing a significant increase of 189.40% compared to the same period last year[5] - The basic earnings per share (EPS) for the quarter was ¥0.0329, reflecting an increase of 188.60% year-on-year[5] - Total operating revenue for the first three quarters of 2021 reached ¥2,736,244,886.91, a 47.9% increase from ¥1,849,231,577.50 in the same period of 2020[27] - Net profit for the first three quarters of 2021 was ¥105,744,143.75, compared to a net loss of ¥65,891,493.56 in the same period of 2020[30] - Operating profit improved significantly to ¥98,489,275.19 from a loss of ¥64,767,982.37 year-over-year[30] - Basic earnings per share for the first three quarters of 2021 was ¥0.0933, compared to a loss per share of ¥0.0677 in 2020[32] - The company reported a total profit of ¥105,858,290.61 for the first three quarters of 2021, compared to a total loss of ¥63,651,189.08 in 2020[30] - Other income for the first three quarters of 2021 amounted to ¥16,982,200.76, significantly higher than ¥1,529,513.30 in the same period of 2020[30] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥10,756,202,643.43, a growth of 2.04% from the previous year-end[7] - As of September 30, 2021, the company's total assets amounted to CNY 10,756,202,643.43, an increase from CNY 10,541,020,007.63 at the end of 2020, representing a growth of approximately 2.04%[21] - The company's current assets totaled CNY 7,812,252,432.59, up from CNY 7,517,344,285.26, indicating an increase of about 3.93% year-over-year[17] - The company's inventory as of September 30, 2021, was CNY 2,963,432,773.15, compared to CNY 2,896,134,553.05 at the end of 2020, reflecting a growth of approximately 2.32%[17] - The total liabilities of the company reached CNY 8,932,320,833.07, slightly up from CNY 8,805,454,498.91, marking an increase of about 1.44%[22] - The company's short-term borrowings decreased to CNY 2,419,018,310.00 from CNY 2,704,858,274.30, a reduction of approximately 10.56%[21] - The company's long-term borrowings increased to CNY 530,000,000.00 from CNY 150,309,500.00, a significant rise of about 252.45%[22] Cash Flow - Cash flow from operating activities showed a net outflow of ¥66,095,116.11, a deterioration of 128.15% compared to the previous year[5] - Cash flow from operating activities showed a net outflow of ¥66,095,116.11, a decline from a net inflow of ¥234,767,370.19 in the previous year[36] - The net cash flow from investing activities was -31,001,509.34 RMB, indicating a significant outflow compared to the previous period's -21,102,140.89 RMB[38] - The total cash inflow from financing activities was 3,643,272,178.99 RMB, while the cash outflow was 3,788,870,861.70 RMB, resulting in a net cash flow of -145,598,682.71 RMB[38] - The ending balance of cash and cash equivalents decreased to 218,613,416.45 RMB from 550,677,003.52 RMB in the previous period[38] Research and Development - The company's R&D expenses increased by 182.16% due to higher investment in product development[8] - Research and development expenses increased to ¥65,358,051.98, up from ¥23,163,461.73, marking a growth of 182.5%[27] Equity - The total equity attributable to shareholders increased by 6.38% to ¥1,637,116,829.74 compared to the previous year-end[7] - The company's total equity attributable to shareholders rose to CNY 1,637,116,829.74 from CNY 1,538,968,904.40, an increase of approximately 6.43%[22] Contract Assets - The company reported a significant increase in contract assets by 215.68%, attributed to higher revenue recognition[8] - The company's contract assets increased significantly to CNY 1,086,748,372.58 from CNY 344,258,347.54, representing a growth of about 215.56%[17] Government Subsidies - The company received government subsidies amounting to ¥12,589,520.43 during the reporting period[8] Other Financial Information - The company's accounts receivable stood at CNY 1,613,536,393.63, down from CNY 1,970,656,627.55, reflecting a decrease of approximately 18.12%[17] - The company's retained earnings showed a negative balance of -1,101,945,291.90 RMB, reflecting accumulated losses[44] - The company reported a significant increase in fixed assets, with a total of 2,382,634,218.21 RMB, reflecting an adjustment of 384,286,408.53 RMB[41] - The company’s inventory stood at 2,896,134,553.05 RMB, indicating stable inventory levels compared to the previous period[41] - The total current assets were reported at 7,517,344,285.26 RMB, remaining unchanged from the previous period[41] - The company’s long-term borrowings were recorded at 150,309,500.00 RMB, indicating a stable long-term debt position[43] Missing Information - No relevant financial data or performance summary was provided in the documents[45] - No user data or metrics were mentioned in the documents[46] - No future outlook or performance guidance was included in the documents[45] - No information on new products or technology development was found in the documents[46] - No details regarding market expansion or acquisitions were present in the documents[45] - No new strategies or initiatives were outlined in the documents[46]