LONCIN(SH:603766)2021-10-28 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥3,180,715,401.06, representing an increase of 8.04% year-over-year[7]. - Net profit attributable to shareholders for the same period was ¥195,120,469.53, up 12.42% compared to the previous year[7]. - The net profit after deducting non-recurring gains and losses was ¥186,218,515.98, reflecting an increase of 11.63% year-over-year[7]. - The basic earnings per share for Q3 2021 was ¥0.0950, which is a 12.43% increase from the same period last year[9]. - The company reported a 30.62% increase in operating revenue year-to-date, primarily driven by growth in motorcycle and general machinery business[12]. - The net profit attributable to shareholders for the year-to-date reached ¥711,249,678.04, marking a substantial increase of 44.19% year-over-year[7]. - Total operating revenue for the first three quarters of 2021 reached ¥9,334,820,029.55, a 30.58% increase from ¥7,146,411,334.89 in the same period of 2020[41]. - Net profit for the first three quarters of 2021 was ¥713,154,359.38, representing a 55.01% increase compared to ¥460,290,886.79 in the previous year[43]. - Total profit for the first three quarters of 2021 was ¥797,548,508.10, compared to ¥551,010,421.27 in the same period of 2020, marking a 44.83% increase[43]. - The total comprehensive income for Q3 2021 was ¥692,354,524.96, compared to ¥466,901,992.25 in Q3 2020, reflecting a 48.38% increase[43]. Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥13,319,120,713.28, showing a slight increase of 1.47% compared to the end of the previous year[9]. - The company's current assets reached approximately ¥7.95 billion, compared to ¥7.81 billion at the end of 2020, indicating an increase of around 1.83%[35]. - Total liabilities decreased to approximately ¥5.25 billion from ¥5.57 billion, a reduction of about 5.73%[37]. - The company's equity attributable to shareholders increased to approximately ¥7.73 billion from ¥7.20 billion, reflecting a growth of about 7.47%[37]. - The company's non-current assets totaled approximately ¥5.37 billion, slightly up from ¥5.32 billion, indicating a growth of about 0.93%[35]. - The total liabilities stood at CNY 5,724,000,000.00, with short-term borrowings at CNY 874,640,833.72, reflecting the company's leverage strategy[51]. - Current liabilities totaled approximately ¥5.10 billion, reflecting a decrease of ¥6.97 million[53]. - Non-current liabilities were approximately ¥473 million, down by ¥26.80 million from the previous period[53]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥988,164,751.03, which is a significant increase of 102.98% compared to the same period last year[7]. - Cash flow from operating activities for the first three quarters of 2021 was ¥988,164,751.03, compared to ¥486,828,939.73 in the same period of 2020, indicating a significant improvement[47]. - The company reported a net cash inflow from investment activities of ¥15,778,952,851.28 for the first three quarters of 2021, significantly higher than ¥6,678,196,275.26 in the same period of 2020[47]. - The net cash inflow from investment activities totaled CNY 16,104,510,679.55, compared to CNY 6,743,140,943.96 in the previous period, indicating a significant increase[48]. - The net cash outflow from financing activities was CNY 787,915,407.85, a decrease from CNY 192,267,800.39 in the prior period, reflecting improved cash management[48]. Revenue Breakdown - Export revenue reached 6.268 billion RMB, up 39.18% year-on-year, while domestic revenue was 3.067 billion RMB, growing by 16.04%[19]. - Motorcycle and engine business revenue was 5.531 billion RMB, a growth of 35.37%, with a gross margin of 14.20%, down 3.34 percentage points[20]. - The "Wujie" series of large-displacement motorcycles sold 38,300 units, a 110.83% increase, generating 651 million RMB in revenue, up 93.71%[20]. - General machinery products sold 3.1119 million units, achieving revenue of 2.907 billion RMB, a 39.47% increase[25]. - The high-end components business saw revenue of 382 million RMB, a significant growth of 109.24%, with a gross margin of 25.24%[29]. Strategic Focus - The company plans to focus on "motorcycles + general machinery" to enhance its core business and drive sustainable growth[16]. - The company aims to optimize its engine combustion system and develop smart products to lead in low-carbon power solutions[18]. - The company plans to expand its market presence and invest in new technologies to drive future growth[50]. - The company is focusing on strategic acquisitions to enhance its competitive position in the market[50]. Shareholder Information - The company had a total of 45,913 common shareholders at the end of the reporting period, with 隆鑫控股有限公司 holding 50.07% of the shares[13].