Xiantong Stock(SH:603239)2021-10-19 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥176,570,178.96, representing a year-on-year increase of 19.99%[5] - The net profit attributable to shareholders for the same period was ¥23,329,468.77, up 22.19% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥23,287,360.59, reflecting a 22.19% increase compared to the previous year[5] - Year-to-date operating revenue reached ¥552,854,786.28, showing a growth of 34.31% compared to the same period last year[5] - Year-to-date net profit attributable to shareholders increased by 50.27% to ¥106,170,919.20[5] - The basic earnings per share for the year-to-date period was ¥0.39, a 50.00% increase[6] - The weighted average return on equity was 11.46%, an increase of 3.38 percentage points year-on-year[6] - The net cash flow from operating activities for the year-to-date period was ¥158,451,310.21[6] - The company reported a net profit for the first three quarters of 2021 is not explicitly stated but can be inferred from the revenue and cost figures[21] - The net profit for Q3 2021 was CNY 106,170,919.20, a 50.5% increase compared to CNY 70,654,496.66 in Q3 2020[22] - Operating profit for Q3 2021 reached CNY 121,606,741.35, up 50.9% from CNY 80,530,012.19 in the same period last year[22] - Total revenue from sales of goods and services for the first nine months of 2021 was CNY 561,952,608.78, compared to CNY 331,297,920.88 in the first nine months of 2020, reflecting a 69.5% increase[25] - The basic earnings per share for Q3 2021 was CNY 0.39, compared to CNY 0.26 in Q3 2020, marking a 50% increase[23] - The total profit for Q3 2021 was CNY 120,518,991.89, a 50.5% increase from CNY 80,032,809.47 in Q3 2020[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,187,516,621.06, a 1.29% increase from the beginning of the year[6] - As of September 30, 2021, total assets amounted to RMB 1,187.52 million, compared to RMB 1,172.45 million at the end of 2020, reflecting a growth of 1.3%[19] - Non-current liabilities totaled RMB 12.31 million as of September 30, 2021, compared to RMB 9.11 million at the end of 2020, an increase of 35.5%[19] Cash Flow and Investments - The company's cash and cash equivalents decreased to RMB 86.74 million from RMB 166.91 million at the end of 2020, a decline of 48%[17] - Accounts receivable as of September 30, 2021, were RMB 179.48 million, down 20.1% from RMB 224.77 million at the end of 2020[17] - Inventory increased to RMB 126.01 million, up 19% from RMB 105.91 million at the end of 2020[17] - Cash flow from operating activities for the first nine months of 2021 was CNY 158,451,310.21, significantly up from CNY 7,480,770.43 in the same period of 2020[25] - The company reported a net cash outflow from investing activities of CNY -142,190,116.47 for the first nine months of 2021, compared to CNY -29,721,199.68 in the same period of 2020[26] - Cash and cash equivalents at the end of Q3 2021 were CNY 74,169,220.89, down from CNY 95,262,827.68 at the end of Q3 2020[26] Strategic Initiatives - The company signed a share transfer agreement to transfer 36 million shares, representing 13.30% of the total share capital, to Huai'an Transportation Holding Co., Ltd. at a price of RMB 17 per share[15] - The company is focusing on strategic investments and market expansion through the introduction of new investors[15] Research and Development - Research and development expenses increased to CNY 28,282,990.56, a 42.2% rise from CNY 19,854,590.65 in Q3 2020[22] Operating Costs - Total operating costs for the first three quarters of 2021 were RMB 437.52 million, up 30.2% from RMB 335.91 million in the first three quarters of 2020[21]