ZYNM(SH:603527)2021-10-25 16:00Financial Performance - The company's operating revenue for Q3 2021 was CNY 1,767,306,337.46, representing a year-on-year increase of 67.36%[5] - The net profit attributable to shareholders for Q3 2021 was CNY 47,266,275.96, reflecting a significant increase of 126.68% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was CNY 44,549,563.90, up by 121.58% year-on-year[5] - The company experienced a year-to-date revenue increase of 87.03%, attributed to higher production and sales volumes along with rising copper prices[10] - The net profit attributable to shareholders for the year-to-date period was CNY 107,166,077.91, reflecting a growth of 109.40% compared to the same period last year[5] - Total operating revenue for the first three quarters of 2021 reached ¥4,864,738,384.13, a significant increase from ¥2,601,093,984.61 in the same period of 2020, representing an increase of approximately 87%[19] - Net profit for the third quarter of 2021 was ¥107,139,356.18, up from ¥51,021,344.34 in the same quarter of 2020, indicating a growth of approximately 110%[20] - Basic and diluted earnings per share for the third quarter of 2021 were both ¥0.44, compared to ¥0.21 in the same quarter of 2020, marking an increase of about 109%[21] Assets and Liabilities - The total assets at the end of Q3 2021 amounted to CNY 1,817,206,784.82, an increase of 28.66% compared to the end of the previous year[6] - The company's total current assets as of September 30, 2021, amount to ¥1,424,578,294.12, an increase from ¥1,053,027,790.83 at the end of 2020[15] - Total liabilities increased to ¥787,882,481.72 from ¥459,612,128.50, reflecting a growth of approximately 71.3%[16] - The total assets of the company reached ¥1,817,206,784.82, compared to ¥1,412,442,283.29 at the end of 2020, marking an increase of about 28.6%[17] - The company's retained earnings as of September 30, 2021, are ¥410,046,924.98, up from ¥332,139,727.07, showing an increase of approximately 23.4%[17] Shareholder Information - The total number of common shareholders at the end of the reporting period is 12,966[12] - The largest shareholder, Feng Quanhua, holds 83,737,276 shares, accounting for 34.34% of the total shares[12] - The company reported a total equity attributable to shareholders of CNY 1,024,892,005.93, which is an increase of 8.07% from the previous year[6] - The total equity attributable to the parent company is reported at ¥1,024,892,005.93, compared to ¥948,371,135.89, indicating a growth of about 8.1%[17] Cash Flow and Financing Activities - The cash flow from operating activities for the year-to-date period was negative at CNY -92,019,830.13, primarily due to high procurement costs in the previous period[10] - Cash flow from operating activities for the first three quarters of 2021 was negative at -¥92,019,830.13, an improvement from -¥187,634,375.29 in the same period of 2020[25] - The company raised ¥530,000,000.00 through borrowings in the first three quarters of 2021, compared to ¥380,000,000.00 in the same period of 2020, indicating an increase of approximately 39%[25] - Total cash inflow from financing activities amounted to $530 million, compared to $380 million in the previous period, reflecting a 39.47% increase[26] - Cash outflow for debt repayment was $275 million, up from $185 million, indicating a 48.65% increase[26] - Net cash flow from financing activities reached $212.18 million, compared to $149.90 million, representing a 41.51% increase[26] - The net increase in cash and cash equivalents was $62.35 million, contrasting with a decrease of $128.89 million in the previous period[26] - The ending balance of cash and cash equivalents was $175.36 million, compared to $159.47 million, showing a 9.88% increase[26] Operating Costs and Expenses - Total operating costs for the first three quarters of 2021 were ¥4,732,152,136.17, compared to ¥2,539,434,891.94 in 2020, reflecting an increase of about 86%[19] - Research and development expenses for the first three quarters of 2021 totaled ¥41,671,406.54, compared to ¥23,549,468.96 in 2020, representing an increase of approximately 77%[19] - The company incurred a total of ¥5,446,209,509.65 in cash outflows from operating activities in the first three quarters of 2021, compared to ¥3,063,123,456.60 in 2020, reflecting an increase of approximately 78%[25] - Investment activities resulted in a net cash outflow of -¥56,427,013.83 for the first three quarters of 2021, compared to -¥90,717,319.70 in 2020, showing an improvement[25]