Wujin Stainless(SH:603878)2021-10-27 16:00Financial Performance - Q3 2021 revenue reached ¥654,357,520.07, an increase of 7.59% year-over-year[3] - Net profit attributable to shareholders was ¥57,157,778.61, up 1.80% compared to the same period last year[3] - Year-to-date revenue totaled ¥1,999,045,322.99, reflecting a 12.75% increase year-over-year[3] - Year-to-date net profit attributable to shareholders decreased by 17.68% to ¥156,968,982.79[3] - The net profit for Q3 2021 was CNY 156,968,982.79, a decrease of 17.7% compared to CNY 190,680,137.37 in Q3 2020[19] - The operating profit for Q3 2021 was CNY 175,779,775.27, down from CNY 223,954,532.47 in the same period last year, reflecting a decline of 21.5%[19] - The total profit for Q3 2021 was CNY 178,255,240.33, compared to CNY 219,613,999.03 in Q3 2020, representing a decrease of 19%[19] - Basic earnings per share for Q3 2021 was ¥0.14, unchanged from the previous quarter[4] - The basic and diluted earnings per share for Q3 2021 were both CNY 0.39, down from CNY 0.48 in Q3 2020, indicating a decline of 18.75%[20] Cash Flow - Operating cash flow for the year-to-date period was ¥464,002,123.58, an increase of 42.74%[4] - Cash flow from operating activities for the first nine months of 2021 was CNY 464,002,123.58, an increase of 42.7% from CNY 325,067,868.10 in the same period of 2020[22] - Cash inflow from operating activities totaled CNY 2,017,228,554.50 for the first nine months of 2021, compared to CNY 1,491,874,021.91 in 2020, marking a growth of 35.2%[22] - Cash outflow from operating activities was CNY 1,553,226,430.92 in the first nine months of 2021, up from CNY 1,166,806,153.81 in 2020, reflecting an increase of 33.1%[22] - The net cash flow from investing activities for the first nine months of 2021 was -CNY 174,046,658.94, worsening from -CNY 31,545,637.21 in the same period of 2020[23] - The net cash flow from financing activities for the first nine months of 2021 was -CNY 182,538,183.40, compared to -CNY 142,904,883.74 in 2020, indicating a decline of 27.7%[23] - The cash and cash equivalents at the end of Q3 2021 stood at CNY 434,954,172.46, an increase from CNY 383,561,282.19 at the end of Q3 2020[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,604,631,177.93, a 5.09% increase from the end of the previous year[4] - The company's total assets as of September 30, 2021, were CNY 3,604,631,177.93, an increase from CNY 3,430,075,103.75 at the end of 2020, representing a growth of 5.07%[14] - Current assets totaled CNY 2,645,655,914.73, slightly up from CNY 2,573,061,825.65, marking an increase of 2.81%[12] - Inventory increased to CNY 963,435,921.66 from CNY 871,326,979.79, reflecting a rise of 10.56%[12] - Total liabilities increased to CNY 1,151,699,747.36 from CNY 1,025,442,775.60, showing a growth of 12.29%[14] Shareholder Information - Shareholder equity attributable to shareholders was ¥2,452,931,430.57, up 2.01% from the previous year-end[4] - The number of common shareholders at the end of the reporting period was 17,817[9] Research and Development - Research and development expenses for the first three quarters were CNY 26,697,254.25, compared to CNY 22,240,136.65 in the previous year, indicating a growth of 20.06%[18] Non-Recurring Gains - The company reported non-recurring gains of ¥6,326,115.70 for the current period[6] Financial Expenses - The company reported a decrease in financial expenses, which fell to CNY 4,324,607.56 from CNY 5,528,485.23, a reduction of 21.73%[18] Investments - The company has ongoing investments in fixed assets, which increased to CNY 535,318,531.39 from CNY 500,066,299.94, indicating a growth of 7.05%[13]