Grace(SH:603256)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 reached ¥209,733,228.44, representing a year-on-year increase of 36.48%[7] - Net profit attributable to shareholders for Q3 2021 was ¥31,914,762.17, an increase of 47.60% compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥30,098,306.22, reflecting an increase of 81.35% year-on-year[7] - Total revenue for the first three quarters of 2021 reached ¥603,821,081.42, an increase from ¥460,651,264.47 in the same period of 2020, representing a growth of approximately 31%[34] - Net profit for the third quarter of 2021 was ¥100,785,730.40, up from ¥85,785,742.08 in the same quarter of 2020, reflecting a growth of approximately 17.5%[41] Assets and Liabilities - The total assets at the end of Q3 2021 amounted to ¥2,436,589,570.25, which is a 9.68% increase from the end of the previous year[10] - Total assets amounted to approximately $2.22 billion, with non-current assets totaling about $1.10 billion[51] - Current liabilities reached approximately $319.73 million, while total liabilities were around $742.21 million[53] - Total liabilities increased to ¥927,605,254.79 from ¥742,208,124.07, marking a rise of approximately 25%[34] - The company's total equity reached ¥1,508,984,315.46, up from ¥1,479,298,383.72, reflecting a growth of about 2%[34] Shareholder Information - Total number of common shareholders at the end of the reporting period was 20,728[22] - The largest shareholder, Far East International Limited, holds 75.01% of shares, totaling 658,405,037 shares[22] - The company reported a total of 3,586,873 shares held by Guosen Securities, representing 0.41% of total shares[22] - The company’s chairman, Mao Jiaming, holds 2,910,706 shares, accounting for 0.33% of total shares[22] Cash Flow and Investments - The net cash flow from operating activities for the year-to-date period was ¥65,953,548.44, a decrease of 19.67% compared to the previous year[10] - Cash inflow from operating activities for the first nine months of 2021 was CNY 500,064,480.52, up from CNY 440,956,069.89 in the same period of 2020, representing a growth of approximately 13.4%[42] - Cash outflow from operating activities totaled CNY 434,110,932.08 in Q3 2021, compared to CNY 358,857,534.88 in Q3 2020, reflecting an increase of about 21%[45] - The net cash flow from investing activities was negative CNY 492,854,528.60 in Q3 2021, compared to a positive CNY 183,530,133.49 in Q3 2020, indicating a significant shift in investment strategy[45] - The company received CNY 4,640,500.07 in cash from investment income during the first nine months of 2021, compared to CNY 12,615,834.64 in the same period of 2020, a decline of approximately 63.2%[45] Operational Metrics - The weighted average return on equity for Q3 2021 was 2.14%, an increase of 0.58 percentage points compared to the previous year[10] - The basic earnings per share for Q3 2021 was ¥0.03, compared to ¥0.11 for the same period last year, showing a 10.00% increase[10] - The basic earnings per share for the third quarter of 2021 was ¥0.11, compared to ¥0.10 in the same quarter of 2020, indicating a 10% increase[41] - The diluted earnings per share for Q3 2021 was CNY 0.11, compared to CNY 0.10 in Q3 2020, indicating a year-over-year increase of 10%[42] Costs and Expenses - Total operating costs for the first three quarters of 2021 were ¥483,556,209.95, compared to ¥367,425,737.47 in 2020, indicating an increase of about 31.6%[34] - Research and development expenses for the third quarter of 2021 were ¥21,613,393.22, compared to ¥20,381,592.70 in the same quarter of 2020, indicating a slight increase in investment in innovation[37] Other Information - The company reported government subsidies amounting to ¥1,241,548.72 for the current period[10] - The company has no known related party transactions with the top ten unrestricted shareholders[25] - The company has not disclosed any significant new strategies or product developments during the reporting period[25] - The company holds fixed assets valued at approximately $931.16 million, indicating significant investment in physical resources[51] - The company has ongoing construction projects valued at approximately $35.62 million, suggesting future growth potential[51]