CECO(SH:603698)2021-10-28 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥408,182,554.49, a decrease of 24.59% compared to the same period last year[6] - The net profit attributable to shareholders for Q3 2021 was ¥29,518,850.44, down 43.39% year-on-year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥28,620,150.30, a decrease of 44.13% compared to the previous year[6] - The basic earnings per share for Q3 2021 was ¥0.06, a decline of 40.00% year-on-year[7] - The diluted earnings per share for Q3 2021 was also ¥0.06, reflecting a 40.00% decrease compared to the same period last year[7] - The weighted average return on equity for Q3 2021 was 1.01%, a decrease of 0.86 percentage points year-on-year[7] - Total operating revenue for the first three quarters of 2021 reached CNY 1,041,982,150.53, an increase from CNY 967,753,776.94 in the same period of 2020, representing a growth of approximately 7.7%[19] - Net profit for the third quarter of 2021 was CNY 90,962,273.44, compared to CNY 72,316,127.51 in the same quarter of 2020, reflecting a growth of approximately 25.8%[21] - The company’s total comprehensive income for the third quarter of 2021 was CNY 90,962,273.44, an increase from CNY 72,316,127.51 in the same quarter of 2020[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,688,517,267.47, an increase of 7.70% compared to the end of the previous year[7] - As of September 30, 2021, the total assets of the company amounted to RMB 4,688,517,267.47, an increase from RMB 4,353,405,884.97 at the end of 2020, representing a growth of approximately 7.7%[15] - The company's total liabilities as of the third quarter of 2021 amounted to CNY 1,731,566,372.97, an increase from CNY 1,435,054,163.35 in the previous year[19] - The total current liabilities rose to RMB 1,670,930,279.46 from RMB 1,369,620,317.80, representing an increase of about 22%[18] - Non-current assets totaled RMB 835,427,174.54, down from RMB 937,187,711.76, indicating a decrease of approximately 10.9%[18] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥495,128,772.53, an increase of 160.36% compared to the same period last year[6] - Cash inflow from operating activities totaled CNY 1,905,836,095.34, compared to CNY 1,196,811,147.74 in the same period last year, marking a 59.06% increase[24] - Net cash flow from operating activities was CNY 495,128,772.53, significantly higher than CNY 190,170,989.32 in Q3 2020, reflecting a 160.00% increase[24] - The company reported a total cash outflow from operating activities of CNY 1,410,707,322.81, compared to CNY 1,006,640,158.42 in the previous year, which is a 40.06% increase[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 33,353[11] - The total equity attributable to shareholders of the parent company was CNY 2,956,950,894.50, up from CNY 2,918,351,721.62 in the same period last year[19] Expenses - Total operating costs for the first three quarters of 2021 were CNY 967,558,254.60, up from CNY 892,130,197.18 in 2020, indicating an increase of about 8.4%[19] - Research and development expenses for the third quarter of 2021 were CNY 66,235,686.31, slightly higher than CNY 65,083,339.72 in the previous year[21] - The company reported a financial expense of CNY -41,546,242.10 in the third quarter of 2021, compared to CNY -14,921,711.49 in the same period of 2020, indicating a significant increase in financial costs[21] Inventory and Receivables - Accounts receivable decreased to RMB 286,485,351.27 from RMB 616,590,428.51, reflecting a decline of approximately 53.7%[15] - The company's inventory stood at RMB 279,130,369.53, down from RMB 314,594,272.03, which is a decrease of about 11.2%[15] Government Support - The company received government subsidies amounting to ¥680,745.79 during the reporting period[8] Other Information - The company has not disclosed any new product developments or market expansion strategies in the current report[13] - Deferred income tax liabilities decreased to CNY 586,046.00 from CNY 3,846,383.12 year-over-year[19]