KINGCLEAN(SH:603355)2021-10-28 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥1,671,138,835.94, a decrease of 2.07% compared to the same period last year[7]. - The net profit attributable to shareholders for Q3 2021 was ¥146,135,294.90, down 11.05% year-on-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥125,597,737.55, a decrease of 6.46% compared to the same period last year[7]. - The basic earnings per share for Q3 2021 was ¥0.25, a decline of 39.02% year-on-year[11]. - The diluted earnings per share for Q3 2021 was also ¥0.25, reflecting the same decline of 39.02%[11]. - The total assets at the end of the reporting period were ¥7,045,905,601.05, a decrease of 1.14% from the end of the previous year[11]. - The equity attributable to shareholders at the end of the reporting period was ¥3,204,774,180.44, down 7.03% from the end of the previous year[11]. - Total operating revenue for the first three quarters of 2021 reached ¥5,741,127,925.55, a significant increase from ¥4,240,874,089.46 in the same period of 2020, representing a growth of approximately 35.4%[35]. - Total operating costs for the first three quarters of 2021 were ¥5,244,473,191.94, up from ¥3,787,346,735.37 in 2020, indicating an increase of about 38.5%[35]. - Net profit for the third quarter of 2021 was ¥477,975,414.81, compared to ¥414,965,773.38 in the same quarter of 2020, reflecting a growth of approximately 15.2%[38]. - The company's total assets and equity amounted to ¥7,045,905,601.05 and ¥3,206,151,598.26 respectively as of the end of the reporting period[35]. - Basic earnings per share for the third quarter of 2021 were ¥0.83, down from ¥1.04 in the same quarter of 2020[40]. - The company reported a profit before tax of ¥496,584,439.65 for the third quarter of 2021, compared to ¥476,745,154.75 in the same quarter of 2020, showing an increase of approximately 4.0%[38]. - Other comprehensive income after tax for the third quarter of 2021 was ¥1,812,316.65, compared to ¥324,120.46 in the same quarter of 2020, indicating a significant increase[40]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥350,612,509.24, a significant decrease of 64.67%[11]. - Cash flow from operating activities for the first three quarters of 2021 was ¥6,267,908,428.50, compared to ¥4,536,417,809.60 in 2020, indicating a growth of approximately 38.2%[41]. - Operating cash inflow totaled CNY 6,699,724,476.76, an increase of 39.4% compared to CNY 4,807,056,855.97 in the previous period[44]. - Operating cash outflow amounted to CNY 6,349,111,967.52, up 66.5% from CNY 3,814,766,636.30 year-over-year[44]. - Net cash flow from operating activities was CNY 350,612,509.24, a decrease of 64.7% compared to CNY 992,290,219.67 in the prior period[44]. - Cash inflow from investment activities was CNY 745,582,338.55, down 34.9% from CNY 1,146,118,750.77[44]. - Net cash flow from investment activities was CNY 481,030,426.50, a significant improvement from a negative CNY 438,471,332.52 in the previous period[44]. - Cash inflow from financing activities totaled CNY 700,100,000.00, compared to CNY 259,219,486.60 in the prior period[45]. - Net cash flow from financing activities was negative CNY 434,309,529.43, contrasting with a positive CNY 103,186,918.55 last year[45]. - The ending balance of cash and cash equivalents was CNY 3,055,879,996.28, an increase from CNY 2,585,557,531.36 in the previous period[45]. - The company received CNY 356,805,962.87 in tax refunds, compared to CNY 159,946,191.93 previously[44]. - The company paid CNY 531,685,832.48 in other operating cash outflows, an increase from CNY 396,243,896.77 year-over-year[44]. Business Growth and Development - The company achieved a total revenue of 5.741 billion RMB in the reporting period, representing a year-on-year growth of 35.38%[21]. - The net profit attributable to the listed company was 478 million RMB, with a year-on-year increase of 14.80%, and adjusted net profit was 529 million RMB, reflecting a growth of 27.20%[21]. - In Q3, the company reported a revenue of 1.671 billion RMB, a decrease of 2.07% year-on-year, and a net profit of 146 million RMB, down 11.05% year-on-year[21]. - The company's self-owned brand business grew over 50%, with online sales for the Jimmy brand increasing by 100% and the Biyunquan brand by over 85%[24]. - The ODM business maintained stable growth, increasing by over 30%, with European market growth at 60% and Asian market growth at 40%[24]. - The core components business saw a growth of over 40%, with precision die-casting business experiencing a remarkable increase of over 90%[24]. - The company is expanding its production capacity for key components in the new energy vehicle sector, with a new facility covering 10.5 million square meters[25]. - The company plans to acquire 100% equity of Shanghai Pajie for approximately 1.216 billion RMB, enhancing its market position[25]. - The company launched two new all-in-one vacuum and floor washing machines, enhancing its product lineup and growth potential[21]. - The company expects the shipping constraints to ease in Q4, which may positively impact future revenue[21].