Bestore(SH:603719)2021-10-21 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥2,147,842,515.03, representing an increase of 11.89% compared to the same period last year[6] - The net profit attributable to shareholders of the listed company was ¥123,280,876.45, reflecting a growth of 20.01% year-on-year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥89,415,251.51, with an increase of 11.96% compared to the previous year[6] - The basic earnings per share for the quarter was ¥0.31, up by 19.23% year-on-year[8] - The company has seen a strong growth trajectory with a year-to-date revenue of ¥6,568,572,635.96, up 18.78% year-on-year[6] - Total operating revenue for Q3 2021 reached ¥6,568,572,635.96, an increase of 18.76% compared to ¥5,529,868,543.81 in Q3 2020[32] - Net profit for Q3 2021 was ¥317,589,717.33, representing a 20.36% increase from ¥263,924,995.56 in Q3 2020[34] - Basic earnings per share for Q3 2021 were ¥0.79, compared to ¥0.67 in Q3 2020, indicating a growth of 17.91%[38] - The total comprehensive income for Q3 2021 was ¥317,589,717.33, compared to ¥263,924,995.56 in Q3 2020, indicating a growth of 20.36%[38] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥4,613,674,418.09, marking a 10.27% increase from the end of the previous year[8] - As of September 30, 2021, the total assets of the company amounted to RMB 4,613,674,418.09, an increase from RMB 4,183,883,908.62 at the end of 2020, reflecting a growth of approximately 10.3%[22] - The company's current assets totaled RMB 3,386,538,949.43, slightly up from RMB 3,366,928,690.07 in the previous year, indicating a growth of about 0.6%[27] - The company reported a total of RMB 1,227,135,468.66 in non-current assets, a significant increase from RMB 816,955,218.55, reflecting a growth of about 50.4%[27] - The total liabilities increased to ¥2,427,088,115.63 in Q3 2021 from ¥2,098,415,885.47 in Q3 2020, reflecting a rise of 15.66%[32] - The company’s total liabilities and equity combined were approximately $4.18 billion, a decrease of about 7.4% compared to the previous period[50] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥393,467,095.48, showing a significant increase of 342.95%[8] - Cash generated from operating activities in the first three quarters of 2021 was ¥7,088,368,292.07, an increase from ¥6,007,273,827.82 in the same period of 2020[38] - Operating cash inflow totaled CNY 7,210,094,849.61, an increase of 17.9% from CNY 6,117,626,980.19[39] - Operating cash outflow amounted to CNY 6,816,627,754.13, up from CNY 6,028,798,622.70, resulting in a net cash flow from operating activities of CNY 393,467,095.48, compared to CNY 88,828,357.49 previously[39] - Investment activities generated a net cash flow of -CNY 170,256,240.30, an improvement from -CNY 403,844,916.78[41] - Financing activities resulted in a net cash flow of -CNY 326,537,210.37, a decrease from CNY 370,257,110.26[44] Equity - The company reported a total equity attributable to shareholders of ¥2,179,371,302.32, which is a 4.65% increase from the previous year[8] - The total equity attributable to shareholders reached ¥2,179,371,302.32 in Q3 2021, compared to ¥2,082,597,875.64 in Q3 2020, showing an increase of 4.64%[32] - The company reported an increase in undistributed profits to approximately $850.17 million, up from $834.62 million, indicating a growth of 1.7%[50] Research and Development - Research and development expenses for Q3 2021 amounted to ¥24,375,738.35, up from ¥19,514,508.01 in Q3 2020, marking a growth of 24.5%[32] Other Information - The company has not disclosed any new product developments or market expansion strategies in the provided documents[21] - The company has implemented the new leasing standards effective January 1, 2021, impacting financial reporting[53] - The company did not restate prior periods but adjusted the financial statement items for the first-time adoption of the new standards[53]