COPTON(SH:603798)2021-10-29 16:00Financial Performance - Q3 2021 revenue was CNY 167,699,868.16, a decrease of 28.63% year-over-year[5] - Net profit attributable to shareholders was CNY 14,588,225.27, down 38.38% compared to the same period last year[5] - Basic earnings per share were CNY 0.07, reflecting a decline of 37.37% year-over-year[6] - The net profit for Q3 2021 was CNY 95,362,971.01, an increase of 7.9% compared to CNY 88,953,527.23 in Q3 2020[18] - The total profit for Q3 2021 reached CNY 120,971,721.04, up from CNY 110,799,023.43 in the same period last year, reflecting a growth of 10.5%[18] - Operating profit for Q3 2021 was CNY 119,923,447.91, compared to CNY 110,163,643.34 in Q3 2020, indicating an increase of 8.0%[18] - Basic and diluted earnings per share for Q3 2021 were both CNY 0.48, up from CNY 0.45 in Q3 2020, representing a growth of 6.7%[18] Assets and Liabilities - Total assets increased to CNY 1,258,428,243.75, representing a growth of 7.81% from the end of the previous year[6] - The total assets as of September 30, 2021, amounted to ¥1,258,428,243.75, compared to ¥1,167,295,103.34 at the end of September 2020, representing a year-over-year increase of 7.8%[15] - The total liabilities as of September 30, 2021, were ¥180,956,758.15, an increase from ¥161,523,202.22 in the same period of 2020, indicating a growth of 12.3%[14] - The total equity attributable to shareholders as of September 30, 2021, was ¥1,079,309,749.59, up from ¥1,007,554,441.84 in the same period of 2020, reflecting a growth of 7.1%[15] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 110,549,829.49, down 38.78% compared to the previous year[6] - Cash flow from operating activities for the first nine months of 2021 was CNY 110,549,829.49, down 38.7% from CNY 180,576,507.07 in the same period of 2020[21] - The total cash inflow from operating activities for the first nine months of 2021 was CNY 839,330,478.50, compared to CNY 787,079,651.26 in the same period of 2020, reflecting an increase of 6.6%[21] - Cash flow from investing activities showed a net outflow of CNY 206,662,187.61 in Q3 2021, compared to a net inflow of CNY 8,229,805.50 in Q3 2020[22] - The company reported a decrease in cash flow from financing activities, with a net outflow of CNY 23,663,386.52 in Q3 2021 compared to CNY 9,863,448.05 in Q3 2020[22] - The cash and cash equivalents at the end of Q3 2021 were CNY 230,710,119.95, a decrease from CNY 342,017,112.23 at the end of Q3 2020[22] - Cash and cash equivalents decreased to ¥197,210,626.21 as of September 30, 2021, from ¥218,464,946.56 at the end of September 2020, a decline of 9.5%[12] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 12,380[10] - The top two shareholders held a combined 54.11% of the company's shares, with 恒嘉世科国际 (27.62%) and 青岛路邦石油化工 (26.49%) leading[10] Research and Development - Research and development expenses rose by 39.31%, indicating increased investment in innovation[7] - Research and development expenses increased to ¥28,469,082.69 in the first three quarters of 2021, compared to ¥20,436,203.62 in the same period of 2020, reflecting a growth of 39.2%[17] Inventory and Receivables - The accounts receivable as of September 30, 2021, were ¥42,231,640.74, slightly down from ¥43,226,752.81 in the same period of 2020, indicating a decrease of 2.3%[12] - The inventory as of September 30, 2021, increased to ¥144,756,156.37 from ¥123,559,371.38 in the same period of 2020, representing a growth of 17.1%[13] Financial Assets - The company reported a significant increase of 156.14% in trading financial assets, primarily due to growth in wealth management products[7] - The company's financial assets held for trading rose significantly to ¥335,000,000.00 as of September 30, 2021, compared to ¥130,787,244.44 in the same period of 2020, marking an increase of 156.5%[12] Government Subsidies - The company received government subsidies totaling CNY 756,750.00 during the reporting period[8] Asset Disposals - The company recorded a loss of CNY 1,020,484.08 from asset disposals in Q3 2021[18]