HJT(SH:603577)2021-10-29 16:00Financial Performance - The company's operating revenue for the third quarter reached ¥695,609,367.89, an increase of 40.28% compared to the same period last year[3] - Net profit attributable to shareholders decreased by 40.92% to ¥20,240,032.65 in the third quarter[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 45.80% to ¥17,592,902.18[3] - Basic earnings per share for the third quarter were ¥0.0702, down 40.93% year-on-year[4] - Total operating revenue for the first three quarters of 2021 reached CNY 1,763,478,405.58, an increase of 13.1% compared to CNY 1,558,949,789.35 in the same period of 2020[17] - Net profit for the first three quarters of 2021 was CNY 72,701,268.02, down 22.0% from CNY 93,186,057.63 in the first three quarters of 2020[18] - The company's operating profit decreased to CNY 75,056,563.06, a decline of 28.6% from CNY 104,944,368.15 in the previous year[17] - Total comprehensive income for the first three quarters of 2021 was CNY 72,720,232.94, a decrease of 21.9% from CNY 93,194,109.45 in the same period of 2020[18] - The company reported a basic earnings per share of CNY 0.2505, down from CNY 0.3231 in the previous year[18] Assets and Liabilities - Total assets at the end of the reporting period increased by 33.91% to ¥3,444,148,499.05[4] - The company's current assets totaled RMB 2,768,115,073.58, up from RMB 1,934,546,639.61 at the end of 2020, indicating an increase of about 43%[12] - The company's inventory reached RMB 1,010,553,047.89, compared to RMB 966,886,680.11 at the end of 2020, showing an increase of about 4.5%[13] - Short-term borrowings increased to RMB 947,903,835.13 from RMB 705,922,594.45, marking a rise of approximately 34%[13] - The total liabilities of the company were RMB 1,669,211,352.04, up from RMB 1,210,720,134.64, reflecting an increase of around 38%[14] - Total current assets amounted to CNY 1,934,546,639.61, with a decrease of CNY 2,477,064.22 compared to the previous period[24] - Total liabilities increased to CNY 1,210,720,134.64, reflecting an increase of CNY 27,800,677.77 from the previous period[25] - Non-current liabilities rose to CNY 152,533,607.62, with an increase of CNY 18,127,867.83[25] Cash Flow - The company reported a net cash flow from operating activities of -¥271,042,067.17 for the year-to-date period[3] - The net cash flow from operating activities was negative at CNY -271,042,067.17, compared to CNY -168,554,262.29 in the first three quarters of 2020[21] - Cash and cash equivalents at the end of the period increased to CNY 248,370,139.09, compared to CNY 58,239,028.26 at the end of the same period last year[22] - Investment activities resulted in a net cash outflow of CNY -116,393,549.23, compared to CNY -86,100,351.85 in the previous year[22] - The company raised CNY 1,437,849,799.22 from financing activities, significantly up from CNY 901,691,667.95 in the same period last year[22] Shareholder Information - The company has 16,890 common shareholders as of the end of the reporting period[9] - Shareholders' equity attributable to the parent company rose by 30.63% to ¥1,761,743,539.65[4] - The company's equity attributable to shareholders reached RMB 1,761,743,539.65, compared to RMB 1,348,602,088.09 at the end of 2020, indicating a growth of approximately 30.6%[14] Legal Matters - The company is currently involved in a product liability dispute with HJT STEEL TOWER (NORTH AMERICA) CO., LTD, with the outcome still uncertain[12] - The company is actively monitoring ongoing legal proceedings and will continue to fulfill its information disclosure obligations to protect shareholder interests[12] Research and Development - Research and development expenses increased to CNY 53,131,285.58, up 4.0% from CNY 51,077,387.99 in the same period last year[17] Capital Changes - The company received approval for a non-public offering of shares, increasing its registered capital from RMB 288,268,235 to RMB 339,139,100[11]