XCC(SH:603667)2021-10-27 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥569,716,187.65, representing a year-on-year increase of 28.18%[7] - The net profit attributable to shareholders for Q3 2021 was ¥33,414,171.17, showing an increase of 82.35% compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥29,124,039.71, up 82.64% year-on-year[7] - The basic earnings per share for Q3 2021 was ¥0.11, an increase of 83.33% compared to the same period last year[10] - Total operating revenue for the first three quarters of 2021 reached ¥1,765,549,904, a 44.5% increase from ¥1,223,675,055 in the same period of 2020[33] - Net profit for the first three quarters of 2021 was ¥122,947,944.88, compared to ¥47,854,827.03 in the same period of 2020, representing a 157.5% increase[35] - The company reported a total comprehensive income of ¥123,067,847.63 for the first three quarters of 2021, significantly higher than ¥47,458,382.21 in 2020[35] - Basic and diluted earnings per share for the first three quarters of 2021 were both ¥0.40, compared to ¥0.16 in the same period of 2020[39] Assets and Equity - The total assets at the end of the reporting period were ¥3,816,008,502.03, reflecting a 12.39% increase from the end of the previous year[10] - The total current assets as of September 30, 2021, amounted to RMB 1,982.42 million, an increase from RMB 1,688.16 million at the end of 2020[25] - The company's total assets reached RMB 3,816.01 million as of September 30, 2021, compared to RMB 3,395.48 million at the end of 2020[29] - The total equity attributable to shareholders of the parent company was RMB 1,918.92 million as of September 30, 2021, compared to RMB 1,797.79 million at the end of 2020[32] Cash Flow - The company reported a net cash flow from operating activities of ¥69,995,121.53 for the year-to-date, which is a decrease of 40.79% year-on-year[10] - Cash flow from operating activities generated a net amount of ¥69,995,121.53 in the first three quarters of 2021, down from ¥118,224,441.52 in 2020[41] - Investment activities resulted in a net cash outflow of ¥181,415,683.56 in the first three quarters of 2021, compared to a net outflow of ¥97,907,255.21 in 2020[43] Costs and Expenses - Total operating costs for the first three quarters of 2021 were ¥1,632,183,820.83, up from ¥1,174,340,303.95 in 2020, marking an increase of 38.9%[33] - The company's financial expenses increased to ¥35,559,728.06 in 2021 from ¥26,685,327.01 in 2020, indicating a rise of 33.5%[33] - Research and development expenses increased to ¥51,646,015.96 in 2021 from ¥38,670,365.48 in 2020, reflecting a growth of 33.5%[33] Business Development - The company attributed the increase in revenue to the recovery from the pandemic and the mass production of new products such as wind power rollers and automotive parts[12] - The company plans to continue expanding its product offerings and optimizing its sales structure to sustain growth[12] - The sales revenue of wind power rollers reached RMB 42.66 million from January to September 2021, representing a year-on-year increase of 188%[20] - The sales revenue of automotive thermal management components from January to September 2021 was RMB 123.63 million, showing a year-on-year growth of 28.24%[21] - The company is constructing a high-end bearing roller sub-factory with an annual production capacity of 10 million units, expected to achieve RMB 250 million in annual capacity by the end of 2022[20] - The company is focusing on green and intelligent manufacturing, with ongoing projects in energy management systems and new product development[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,484, with the top ten shareholders holding significant stakes[15] Acquisitions - The acquisition of 100% equity and related trademarks of Poland's FLT company is progressing, with a purchase price of 100 million PLN (approximately RMB 62.19 million) announced[24]