PNC(SH:603690)2021-10-29 16:00Financial Performance - The company's revenue for Q3 2021 was ¥362,038,020.11, representing a year-over-year increase of 51.68%[5] - The net profit attributable to shareholders for Q3 2021 was ¥37,715,384.75, a decrease of 27.72% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥37,891,506.92, showing a significant increase of 143.76% year-over-year[5] - The basic earnings per share for Q3 2021 was ¥0.119, down 46.88% from the previous year[5] - Total operating revenue for the first three quarters of 2021 reached ¥1,282,514,063.03, a significant increase of 68.7% compared to ¥760,169,691.56 in the same period of 2020[32] - Net profit for the first three quarters of 2021 was ¥184,890,519.74, compared to ¥81,451,474.39 in 2020, reflecting a growth of 127.6%[34] - The company reported a gross profit of ¥453,693,734.95 for the first three quarters of 2021, compared to ¥258,522,695.35 in 2020, a growth of 75.5%[32] - Basic earnings per share increased to CNY 0.596 from CNY 0.322, indicating improved profitability[37] Assets and Liabilities - The total assets at the end of the reporting period were ¥6,449,645,410.87, an increase of 8.28% compared to the end of the previous year[8] - The total assets of the company amounted to ¥6,449,645,410.87, up from ¥5,956,662,795.43 in the previous year, indicating a growth of 8.3%[27] - Total liabilities increased to ¥2,890,462,341.35 from ¥2,795,942,378.94, representing a rise of 3.4%[27] - The company's equity attributable to shareholders reached ¥3,529,078,275.86, compared to ¥3,142,734,673.53 in 2020, an increase of 12.3%[27] - Long-term borrowings rose to ¥698,506,210.34 from ¥588,082,225.00, reflecting an increase of 18.8%[27] - Total liabilities reached $2,795,942,378.94, reflecting a decrease of $16,626,664.36 from the previous period[50] Cash Flow - The company reported a net cash flow from operating activities of -¥199,031,546.59 for the year-to-date period[5] - Cash inflows from operating activities totaled CNY 1,421,350,249.52, up from CNY 1,000,094,655.85 in the previous year, showing a growth of approximately 42%[41] - The net cash flow from operating activities was negative at CNY -199,031,546.59, compared to CNY -58,652,970.01 in the same period last year[42] - Cash outflows from investing activities amounted to CNY 758,141,427.23, an increase from CNY 590,312,055.68 in the previous year[42] - The net cash flow from financing activities was negative at CNY -31,341,976.96, contrasting with a positive CNY 486,196,044.26 in the previous year[42] Investments and Development - Research and development expenses increased to ¥70,238,370.69 in 2021 from ¥46,872,930.65 in 2020, marking a rise of 49.9%[32] - The company is actively pursuing market expansion and new product development strategies, although specific details were not disclosed in the report[19] Shareholder Information - The top ten shareholders include 蒋渊 with a 22.23% stake, holding 70,802,240 shares, and 共青城尚纯科技产业投资合伙企业 with a 3.98% stake, holding 12,667,200 shares[18] - The company has a total of 4,130,309 shares held by the National Social Security Fund, representing 1.30% of the total shares[18] Inventory and Current Assets - Inventory levels rose significantly to ¥1,332,289,987.39, compared to ¥794,466,619.41 in the previous year, indicating an increase of approximately 67.5%[22] - The total current assets increased to ¥3,911,526,935.36 from ¥3,751,284,080.84, reflecting a growth of about 4.3% year-over-year[22] - The company reported an increase in accounts receivable to ¥1,149,987,225.85 from ¥980,236,791.18, reflecting a growth of approximately 17.3%[22] Government Subsidies - The company received government subsidies amounting to ¥78,509,255.26 for the year-to-date period[9] Financial Instruments - The company is in the process of issuing A-share convertible bonds, with the latest developments to be announced in related public disclosures[19]