JACK(SH:603337)2021-10-28 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥1,266,215,950.25, representing a year-on-year increase of 38.07%[5] - The net profit attributable to shareholders for Q3 2021 was ¥79,558,125.62, a decrease of 48.60% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥73,844,588.56, down 9.84% year-on-year[7] - The basic earnings per share for Q3 2021 was ¥0.18, a decrease of 48.57% compared to the previous year[7] - The company's net profit for the first three quarters of 2021 is not explicitly stated, but the increase in revenue and assets suggests a positive financial performance[20] - The net profit for Q3 2021 was CNY 345,084,860.68, an increase of 43% compared to CNY 241,499,513.82 in Q3 2020[22] - The total comprehensive income for Q3 2021 was CNY 341,644,173.33, compared to CNY 241,244,566.24 in Q3 2020, showing a growth of 42%[23] Assets and Liabilities - The total assets at the end of the reporting period were ¥6,790,417,189.76, an increase of 33.21% from the end of the previous year[7] - Total assets as of the end of Q3 2021 amounted to CNY 6,790,417,189.76, compared to CNY 5,097,522,892.24 at the end of Q3 2020, reflecting a growth of about 33.2%[19] - Total liabilities increased to CNY 3,558,795,563.05 in Q3 2021 from CNY 2,100,194,733.42 in Q3 2020, marking an increase of approximately 69.5%[20] - Current assets totaled CNY 3,799,615,293.40 in Q3 2021, up from CNY 2,762,309,788.75 in Q3 2020, indicating a growth of around 37.5%[18] - The total liabilities of the company were not specified but included significant short-term borrowings of 302,911,028.29 RMB[30] - The company’s long-term borrowings stood at 93,216,684.50 RMB, indicating a stable long-term financing structure[30] Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥155,846,322.22, reflecting a decrease of 120.23% year-on-year[7] - The net cash flow from operating activities decreased by 120.23%, attributed to increased accounts receivable and inventory due to higher sales[13] - The cash flow from operating activities for the first nine months of 2021 was negative at CNY -155,846,322.22, contrasting with a positive cash flow of CNY 770,469,289.56 in the same period of 2020[25] - The net cash flow from investment activities was -469,303,652.70 RMB, compared to -187,659,115.46 RMB in the previous year, indicating a significant increase in cash outflow[27] - The net cash flow from financing activities was 259,256,397.01 RMB, a turnaround from -112,270,646.08 RMB in the previous year, reflecting improved financing conditions[27] Expenses and Investments - Operating costs rose by 88.39%, primarily driven by rapid revenue growth and rising commodity prices[13] - R&D expenses surged by 80.35% as the company invested in developing integrated smart solutions[13] - Research and development expenses for Q3 2021 were CNY 253,162,006.68, significantly higher than CNY 140,372,415.92 in Q3 2020, indicating a focus on innovation[22] - The company has invested in new technologies and product development, although specific details were not provided in the financial summary[20] - The company reported a significant increase in sales expenses, totaling CNY 184,614,981.98 in Q3 2021, compared to CNY 145,131,265.34 in Q3 2020[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10,541, with the largest shareholder holding 42.62%[15] - The total equity attributable to shareholders reached CNY 3,149,469,932.60 in Q3 2021, compared to CNY 2,924,637,656.15 in Q3 2020, reflecting an increase of about 7.7%[20] - Total equity attributable to shareholders is $2,924,637,656.15[31] Market Strategy - The company plans to leverage product and brand advantages to capture opportunities in overseas order recovery for future growth[11] - The company is actively expanding its market presence through acquisitions, including the recent acquisition of Italian companies VBM, FINVER, and VINCO[13] Other Financial Metrics - The company reported a 44.09% increase in taxes and surcharges, correlating with the rise in operating income[13] - The company’s investment income rose by 37.84%, mainly from increased foreign exchange forward settlement gains[13] - The company’s other comprehensive income decreased by 57.75%, primarily due to reduced foreign currency translation differences[13] - The financial expenses for Q3 2021 were CNY 10,498,762.16, a decrease from CNY 14,424,458.54 in Q3 2020, indicating improved financial management[22] - The investment income for Q3 2021 was CNY 20,444,886.90, up from CNY 14,832,764.52 in Q3 2020, reflecting better investment performance[22]