SITONG(SH:603838)2021-10-27 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥117,693,890.33, representing a year-on-year increase of 103.27%[5] - The net profit attributable to shareholders was ¥14,090,518.18, with a year-to-date net profit of ¥44,961,095.32, reflecting an increase of 87.40% compared to the same period last year[5] - Total operating revenue for the first three quarters of 2021 reached ¥312,663,611.21, a significant increase from ¥166,842,248.23 in the same period of 2020, representing an increase of approximately 87.3%[20] - Net profit for the first three quarters of 2021 was ¥44,961,095.32, a turnaround from a net loss of ¥4,412,680.35 in the same period of 2020[21] - The company reported a gross profit margin of approximately 2.1% for the first three quarters of 2021, compared to a negative margin in the previous year[20] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥39,641,610.76, showing an increase of 87.60%[6] - The company reported a significant increase in cash flow due to faster collection of sales proceeds and increased customer deposits[10] - Cash flow from operating activities for the first three quarters of 2021 was ¥285,161,974.32, compared to ¥257,550,782.88 in 2020, showing an increase of approximately 10.7%[24] - The net cash inflow from operating activities was CNY 39,641,610.76, an increase from CNY 21,130,777.22 in the previous year, reflecting a growth of approximately 87.5%[25] - Total cash inflow from investment activities amounted to CNY 415,191,966.34, compared to CNY 257,780,450.16 in the same period last year, representing a year-over-year increase of about 61.1%[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,226,389,530.89, a decrease of 13.28% compared to the end of the previous year[6] - The total current assets as of September 30, 2021, amounted to RMB 762,196,789.72, an increase from RMB 665,897,662.21 in the previous year[15] - The total liabilities of the company amounted to ¥129,365,216.71 as of the end of the reporting period[20] - The total liabilities amounted to CNY 355,671,988.28, slightly down from CNY 357,529,573.28 in the previous year[29] - The total assets were reported at CNY 1,414,170,735.22, showing a decrease from CNY 1,416,028,320.22 year-over-year[28] Shareholder Information - The company’s major shareholder is Guangdong Weide Industrial Investment Co., Ltd., holding 20.26% of shares[14] - The actual controller of the company is Huang Jianping, with the board chairman being Deng Jianhua[14] - The company has undergone a change in its controlling shareholders, now under Guangdong Weide Industrial Investment Co., Ltd.[14] Earnings Per Share - Basic and diluted earnings per share for the quarter were both ¥0.0440, indicating a turnaround to profitability[6] - The company achieved a basic earnings per share of ¥0.1405 for the first three quarters of 2021, compared to a loss per share of ¥0.0155 in the same period of 2020[22] Operating Costs - Total operating costs for the first three quarters of 2021 were ¥304,533,387.36, compared to ¥184,186,680.67 in 2020, indicating an increase of about 65.4%[20] - Research and development expenses increased to ¥13,131,709.68 in the first three quarters of 2021, up from ¥9,157,508.89 in 2020, reflecting a growth of about 43%[20]