Financial Performance - The company's operating revenue for Q3 2021 was CNY 329,214,208.49, representing a year-on-year increase of 32.69%[4] - The net profit attributable to shareholders for Q3 2021 was CNY 17,478,696.04, a significant increase of 1,254.15% compared to the same period last year[4] - The basic earnings per share for Q3 2021 was CNY 0.15, reflecting a remarkable increase of 1,400.00% year-on-year[5] - For the year-to-date period, the operating revenue reached CNY 759,740,463.80, up 35.20% from the previous year[4] - The net profit attributable to shareholders for the year-to-date period was CNY 32,188,066.85, an increase of 297.89% compared to the same period last year[4] - The company's total revenue for the first three quarters of 2021 reached ¥759,740,463.80, an increase of 35.1% compared to ¥561,927,991.20 in the same period of 2020[17] - The net profit for the first three quarters of 2021 was ¥32,188,066.85, compared to ¥8,089,669.31 in the same period of 2020, reflecting a significant increase[18] - The basic earnings per share for the first three quarters of 2021 was ¥0.27, compared to ¥0.07 in the same period of 2020[18] Assets and Liabilities - The total assets as of September 30, 2021, were CNY 1,602,304,593.91, showing a growth of 7.85% from the end of the previous year[5] - The total assets as of September 30, 2021, amounted to ¥1,602,304,593.91, up from ¥1,485,627,725.63 at the end of 2020, indicating a growth of 7.9%[15] - The company's total liabilities increased to ¥251,570,385.69 as of September 30, 2021, compared to ¥149,240,884.26 at the end of 2020, representing a rise of 68.6%[15] Cash Flow - The company reported a cash flow from operating activities of CNY 85,648,038.52 for the year-to-date period, reflecting a decrease of 12.08% year-on-year[4] - Operating cash inflow for the first three quarters of 2021 was CNY 838.47 million, up from CNY 744.43 million in the same period of 2020, representing an increase of approximately 12.6%[20] - Net cash flow from operating activities in Q3 2021 was CNY 85.65 million, compared to CNY 97.41 million in Q3 2020, showing a decrease of about 12.5%[21] - The total cash inflow from operating activities for the first three quarters of 2021 was CNY 830.85 million, compared to CNY 725.71 million in the same period of 2020, showing an increase of approximately 14.5%[20] - The ending cash and cash equivalents balance as of Q3 2021 was CNY 222.05 million, compared to CNY 201.10 million at the end of Q3 2020, reflecting an increase of approximately 10.4%[21] - Cash inflow from the recovery of investments in Q3 2021 was CNY 950 million, up from CNY 640 million in Q3 2020, representing an increase of approximately 48.4%[21] - Cash paid for the purchase of fixed assets and intangible assets in Q3 2021 was CNY 232.93 million, compared to CNY 54.35 million in Q3 2020, indicating a significant increase of approximately 328.5%[21] - The net increase in cash and cash equivalents for Q3 2021 was negative CNY 98.45 million, an improvement from negative CNY 199.10 million in Q3 2020[21] Government Support and Expenses - The company received government subsidies amounting to CNY 3,127,800.00 during the reporting period[7] - Research and development expenses for the first three quarters of 2021 were ¥35,510,506.81, compared to ¥32,057,045.14 in the same period of 2020, showing an increase of 10.4%[17] Profitability and Growth Drivers - The increase in revenue and profit was primarily driven by higher product sales and increased sales prices[8] - The weighted average return on equity increased by 1.79 percentage points year-on-year to 2.39%[5] - The company plans to continue expanding its market presence and investing in new product development to drive future growth[19] Inventory and Cash Management - The cash and cash equivalents decreased to ¥264,828,837.09 from ¥355,563,209.98, a decline of 25.5%[13] - The inventory as of September 30, 2021, was ¥188,696,187.26, an increase of 20.3% from ¥156,863,332.46 at the end of 2020[14] - Cash inflow from investment activities in Q3 2021 totaled CNY 969.38 million, significantly higher than CNY 650.71 million in Q3 2020, marking an increase of approximately 48.9%[21] - Net cash flow from investment activities was negative CNY 158.54 million in Q3 2021, an improvement from negative CNY 243.64 million in Q3 2020[21] - Total cash outflow from financing activities in Q3 2021 was CNY 25.56 million, down from CNY 71.36 million in Q3 2020, indicating a decrease of about 64.1%[21] - The gross profit margin was approximately 6.5% for the first three quarters of 2021, compared to a margin of 8.4% in the same period of 2020[17]
苏州龙杰(603332) - 2021 Q3 - 季度财报