Langdi Group(SH:603726)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was CNY 471,242,035.90, representing a year-on-year increase of 19.58%[5] - The net profit attributable to shareholders for the same period was CNY 34,935,011.72, showing a decrease of 14.25% compared to the previous year[5] - The net profit after deducting non-recurring gains and losses was CNY 30,731,655.49, down 20.29% year-on-year[5] - Total revenue for the first three quarters of 2021 reached ¥1,420,157,589.36, a significant increase from ¥1,021,969,317.95 in the same period of 2020, representing a growth of approximately 39.1%[19] - Net profit for the first three quarters of 2021 was ¥123,616,388.07, up from ¥78,917,443.78 in 2020, reflecting a growth of approximately 56.6%[20] - Total comprehensive income for the third quarter of 2021 reached ¥123,616,388.07, compared to ¥78,917,443.78 in the same period of 2020, representing an increase of approximately 56.7%[21] - Basic and diluted earnings per share for Q3 2021 were both ¥0.67, up from ¥0.43 in Q3 2020, indicating a growth of 55.8%[21] Cash Flow - The cash flow from operating activities for the year-to-date was CNY 95,743,138.96, reflecting a significant increase of 172.26%[6] - Cash inflow from operating activities for the first three quarters of 2021 was ¥1,075,869,774.32, compared to ¥726,696,003.52 in the same period of 2020, reflecting an increase of 47.9%[23] - Net cash flow from operating activities for Q3 2021 was ¥95,743,138.96, significantly higher than ¥35,166,364.83 in Q3 2020, representing an increase of 172.5%[24] - Cash outflow from operating activities in Q3 2021 totaled ¥980,126,635.36, compared to ¥691,529,638.69 in Q3 2020, marking an increase of 41.7%[24] - Net cash flow from investing activities for Q3 2021 was -¥94,992,856.01, compared to -¥19,065,789.25 in Q3 2020, indicating a larger cash outflow due to increased investments[24] - Net cash flow from financing activities for Q3 2021 was -¥31,116,459.76, compared to -¥20,298,943.93 in Q3 2020, showing a higher cash outflow related to financing[25] Assets and Liabilities - Total assets as of September 30, 2021, were CNY 1,990,915,424.89, an increase of 12.28% from the end of the previous year[6] - The total assets as of the end of Q3 2021 were ¥1,990,915,424.89, up from ¥1,773,214,929.00 at the end of Q3 2020, representing a growth of approximately 12.3%[18] - Total liabilities as of the end of Q3 2021 were ¥927,436,932.11, compared to ¥759,092,344.29 in 2020, indicating an increase of about 22.2%[18] - The company's total shareholders' equity reached ¥1,063,478,492.78 in Q3 2021, up from ¥1,014,122,584.71 in Q3 2020, reflecting a growth of approximately 4.8%[18] - The company reported a total liability of approximately ¥759.09 billion, reflecting an increase in total liabilities due to the new accounting standards[28] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,725[12] Research and Development - Research and development expenses for the first three quarters of 2021 amounted to ¥65,891,156.96, compared to ¥50,616,242.77 in 2020, marking an increase of about 30.0%[19] Accounting Standards Impact - The company adopted a new leasing standard effective January 1, 2021, impacting the financial statements with a lease liability of ¥16.76 billion and a corresponding right-of-use asset[29] - The adjustment for non-current liabilities due to the new leasing standard increased the amount due within one year from ¥40.05 billion to ¥45.85 billion[29] - The total impact of the new revenue recognition standard on the financial statements was not detailed in the provided documents[29]