HUAYOU COBALT(SH:603799)2021-10-29 16:00Revenue and Profitability - Revenue for Q3 2021 reached CNY 8.50 billion, an increase of 46.93% year-over-year[5] - Net profit attributable to shareholders was CNY 900.30 million, up 167.16% compared to the same period last year[5] - The net profit excluding non-recurring gains and losses was CNY 901.77 million, reflecting a 170.42% increase year-over-year[5] - Total revenue for the first three quarters of 2021 reached ¥22,796,099,457.17, a significant increase of 53.5% compared to ¥14,838,642,983.56 in the same period of 2020[24] - The net profit attributable to the parent company's shareholders for the third quarter of 2021 was CNY 2,368,710,171.47, compared to CNY 686,676,330.24 in the same period last year, representing a significant increase[30] - The total comprehensive income for the third quarter of 2021 was CNY 2,326,002,082.96, up from CNY 547,275,155.00 in the previous year[30] - The operating profit for the reporting period was CNY 3,243,631,603.11, a substantial increase from CNY 929,182,214.06 in the previous year[28] - The total profit for the third quarter of 2021 was CNY 3,184,083,923.80, compared to CNY 916,896,472.15 in the same period last year[28] Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 49.00 billion, representing an 81.86% increase from the end of the previous year[6] - Current assets totaled ¥22,177,922,445.51 as of September 30, 2021, compared to ¥9,826,024,219.50 at the end of 2020, reflecting a growth of 125.5%[20] - Total liabilities increased to ¥26,619,962,976.70 from ¥14,493,513,046.47, a rise of 83.9%[23] - The company's total assets reached ¥49,002,736,496.85, compared to ¥26,945,318,022.98, reflecting an increase of 81.6%[23] - The company's total liabilities were CNY 9.57 billion, reflecting an increase from CNY 8.94 billion in the previous period[33] - Total liabilities amounted to approximately ¥14.49 billion, with a slight decrease of ¥27.26 million compared to the previous period[77] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 2.31 billion, an increase of 227.17% year-over-year[5] - Operating cash inflow totaled CNY 25.27 billion, up from CNY 16.37 billion, representing a 54.5% increase year-over-year[32] - Cash outflow from operating activities was CNY 22.95 billion, compared to CNY 15.66 billion, resulting in a net cash flow from operating activities of CNY 2.31 billion, up from CNY 706.81 million[32] - Financing cash inflow amounted to CNY 18.51 billion, up from CNY 10.29 billion, with a net cash flow from financing activities of CNY 8.94 billion, compared to CNY 1.34 billion previously[33] Research and Development - R&D expenses rose to 151.24 million, reflecting increased investment in research and development, including higher employee compensation and material costs, along with the consolidation of Bamo[12] - Research and development expenses for the reporting period were CNY 552,295,437.49, significantly higher than CNY 219,827,687.08 in the previous year[28] Inventory and Goodwill - The company reported a significant increase in inventory by 78.28%, attributed to expanded production and sales scale[9] - Goodwill increased to 315.80 million, primarily due to the acquisition of Bamo[12] - The company’s inventory rose by 78.28% as a result of expanded production and sales scale[48] Shareholder Equity - The equity attributable to shareholders increased to ¥17,929,714,860.43 from ¥9,922,119,109.93, a growth of 80.7%[23] - The company's equity attributable to shareholders was CNY 17.93 billion, up from CNY 9.92 billion, indicating an increase of 80.7%[62] Financial Performance Metrics - Basic earnings per share for Q3 2021 were CNY 0.75, a 150.00% increase from the same period last year[6] - Basic earnings per share for the first three quarters of 2021 were ¥1.98, compared to ¥0.61 in the same period of 2020, indicating a substantial increase[69]