QM HOME(SH:603818)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was CNY 1,229,312,872.87, representing a year-on-year increase of 7.52%[5] - The net profit attributable to shareholders for the same period was CNY 53,036,873.49, a decrease of 26.85% compared to the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 46,561,404.37, down 29.72% year-on-year[5] - The basic earnings per share for Q3 2021 was CNY 0.09, reflecting a decrease of 30.77% compared to the same period last year[6] - The company reported a significant increase in net profit attributable to shareholders for the year-to-date, up 481.68% compared to the previous year[9] - The company experienced a 29.00% increase in operating revenue year-to-date due to market recovery and new product sales[9] - Total operating revenue for the first three quarters of 2021 reached ¥3,742,735,764.25, a significant increase of 29.1% compared to ¥2,901,283,998.89 in the same period of 2020[22] - Net profit for the first three quarters of 2021 was ¥199,177,487.34, a substantial increase of 426.5% compared to ¥37,769,569.39 in the same period of 2020[23] - Basic earnings per share for the third quarter of 2021 was ¥0.31, compared to ¥0.06 in the third quarter of 2020, reflecting a 416.7% increase[23] Assets and Liabilities - The total assets at the end of the reporting period were CNY 7,671,355,657.81, a slight decrease of 0.14% from the end of the previous year[6] - As of September 30, 2021, the company's total assets amounted to RMB 7.67 billion, slightly down from RMB 7.68 billion at the end of 2020[21] - The company's current liabilities increased to RMB 2.30 billion from RMB 1.96 billion year-over-year, primarily due to short-term borrowings[20] - The total liabilities rose to RMB 5.53 billion from RMB 5.07 billion, reflecting an increase in both current and non-current liabilities[20] - The total assets increased to 7,889,972,851.22 RMB, up from 7,682,310,985.52 RMB, showing growth in the company's asset base[30] - The total liabilities rose to 5,280,926,684.68 RMB, compared to 5,073,264,818.98 RMB, indicating an increase in financial obligations[30] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 203,684,797.71, a decrease of 51.36% compared to the previous year[5] - Cash flow from operating activities for the first three quarters of 2021 was ¥203,684,797.71, down 51.3% from ¥418,789,591.49 in the same period of 2020[25] - The net cash flow from investment activities was -118,866,492.25 RMB, compared to -106,389,665.17 RMB in the previous period, indicating a decline in investment cash flow[26] - The total cash inflow from financing activities was 1,460,647,269.37 RMB, up from 1,009,692,615.20 RMB, reflecting an increase in financing efforts[26] - The net cash flow from financing activities was -342,602,068.36 RMB, an improvement from -415,955,513.68 RMB in the previous period, suggesting better cash management[26] Inventory and Costs - The inventory level increased to RMB 1.07 billion, up from RMB 845 million, indicating a buildup of stock[19] - Total operating costs for the first three quarters of 2021 were ¥3,506,962,259.29, up 24.0% from ¥2,828,617,256.48 in the first three quarters of 2020[22] Market and Production - The company's revenue growth was impacted by temporary shutdowns at its factories in Thailand and Vietnam due to COVID-19, but production has resumed with 95% of the workforce back by early October, achieving a capacity utilization rate of 75%[15] - New orders have been placed at increased prices to offset rising raw material and shipping costs, which is expected to positively impact profitability in the future[15] - The order reserve for the Stressless product line exceeds two months, approximately 174% higher than normal levels, indicating strong demand[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,405[11] - The company's equity attributable to shareholders was 2,160,512,617.15 RMB, unchanged from previous reports, reflecting stability in shareholder equity[30]