AKL(SH:603722)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥223,580,392.78, representing an increase of 84.73% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2021 was ¥17,648,508.15, a significant increase of 267.79% year-over-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses reached ¥16,983,337.67, up 340.57% from the previous year[5]. - Total operating revenue for the first three quarters of 2021 reached ¥639,732,721.08, a significant increase from ¥347,193,925.95 in the same period of 2020, representing an increase of approximately 84.2%[18]. - Net profit for the third quarter of 2021 was ¥68,403,296.74, up from ¥29,755,189.37 in the same quarter of 2020, reflecting an increase of approximately 129.0%[20]. - The company achieved a total comprehensive income of ¥68,403,296.74 for the third quarter of 2021, compared to ¥29,755,189.37 in the same quarter of 2020, reflecting an increase of about 129.0%[21]. Cash Flow and Assets - The net cash flow from operating activities for the year-to-date period was ¥118,491,220.12, reflecting a substantial increase of 363.41%[6]. - Cash flow from operating activities for the first three quarters of 2021 was ¥118,491,220.12, a substantial increase from ¥25,569,514.88 in the same period of 2020[23]. - The company reported a net increase in cash and cash equivalents of ¥30,253,332.27 for the first three quarters of 2021, contrasting with a decrease of ¥198,656.60 in the same period of 2020[23]. - Cash and cash equivalents stood at CNY 252,070,222.08, compared to CNY 193,100,688.89 at the end of 2020, representing a growth of approximately 30.5%[14]. - The cash and cash equivalents balance at the end of the period was 202,156,021.16[24]. Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥863,182,496.10, marking a 14.45% increase from the end of the previous year[6]. - As of September 30, 2021, the total assets of Wuxi Acolyte Technology Co., Ltd. amounted to CNY 863,182,496.10, an increase from CNY 754,229,129.74 at the end of 2020, representing a growth of approximately 14.5%[16]. - The total liabilities increased to CNY 239,333,050.96 from CNY 170,087,981.34, reflecting a rise of approximately 40.7%[16]. - The total equity attributable to shareholders rose to CNY 620,370,690.68, compared to CNY 580,453,914.17 at the end of 2020, marking an increase of about 6.9%[16]. - The equity attributable to shareholders increased to ¥620,370,690.68, which is a 6.88% rise compared to the previous year-end[6]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 7,865[12]. - The largest shareholder, Zhu Xuejun, holds 24.92% of the shares, with 21,915,700 shares pledged[12]. Operational Insights - The company experienced a significant increase in export volume due to reduced competition from foreign counterparts, contributing to higher gross margins and net profits[10]. - The increase in revenue was primarily driven by rising raw material prices, which also led to higher selling prices and increased sales volume[10]. - The company reported a total of ¥336,533.46 in government subsidies recognized during the reporting period, contributing positively to the financial results[9]. - The company has not reported any significant new product developments or market expansions during the reporting period[13]. Costs and Expenses - Total operating costs for the first three quarters of 2021 were ¥563,127,943.56, compared to ¥315,879,542.27 in 2020, marking an increase of about 78.5%[19]. - Research and development expenses for the first three quarters of 2021 were ¥25,296,976.04, significantly higher than ¥10,763,653.68 in 2020, indicating an increase of approximately 134.0%[19]. Earnings Per Share - Basic earnings per share for the year-to-date period was ¥0.20, an increase of 125.32% compared to the same period last year[6]. - Basic earnings per share for the third quarter of 2021 were ¥0.78, compared to ¥0.35 in the same quarter of 2020, indicating a growth of 122.9%[21]. Leasing Standards - The company has adopted the new leasing standards starting from 2021, affecting the financial statements[24].