RAYNEN(SH:603933)2021-10-25 16:00Revenue and Profit Growth - Revenue for Q3 2021 reached ¥523,876,372.24, an increase of 30.65% compared to the same period last year[5] - Net profit attributable to shareholders was ¥24,708,252.28, a significant increase of 931.65% year-on-year[5] - Net profit attributable to shareholders after deducting non-recurring gains and losses was ¥22,868,979.39, with a year-to-date increase of 2,196.67%[5] - Basic earnings per share for Q3 2021 was ¥0.1228, up 931.65% year-on-year[5] - Total operating revenue for the first three quarters of 2021 reached ¥1,580,934,732.84, a significant increase of 47.2% compared to ¥1,073,060,146.46 in the same period of 2020[17] - Operating profit for the first three quarters of 2021 was ¥97,726,142.14, compared to ¥13,782,763.05 in 2020, indicating a substantial improvement[18] - Net profit for the first three quarters of 2021 was ¥80,557,437.08, a significant increase from ¥15,975,259.52 in the same period of 2020[18] - Basic and diluted earnings per share for the first three quarters of 2021 were both ¥0.4207, compared to ¥0.0827 in 2020, reflecting strong earnings growth[19] Cash Flow and Operating Activities - Operating cash flow net amount for the year-to-date was ¥58,565,580.74, reflecting a 126.45% increase compared to the previous year[5] - Cash inflow from operating activities for the first three quarters of 2021 was ¥1,502,965,112.97, an increase from ¥1,064,735,848.52 in 2020[21] - Cash paid for purchasing goods and services in the first three quarters of 2021 was ¥1,216,390,455.12, compared to ¥907,255,763.86 in the same period of 2020[21] - The net cash flow from operating activities for Q3 2021 was CNY 58,565,580.74, an increase from CNY 25,862,450.00 in Q3 2020, reflecting a growth of 126.5%[23] Assets and Liabilities - Total assets at the end of Q3 2021 amounted to ¥1,910,272,573.77, representing a 30.85% increase from the end of the previous year[5] - The company's current assets reached CNY 1,532,148,176.64, up from CNY 1,265,456,093.89 in the previous year, indicating a year-on-year increase of about 21.1%[13] - Accounts receivable increased significantly to CNY 458,080,341.61 from CNY 354,991,714.79, reflecting a growth of approximately 29.1%[13] - Inventory levels rose to CNY 451,370,026.78, compared to CNY 286,489,928.53 in the previous year, marking an increase of around 57.5%[13] - The total liabilities of the company were CNY 783,463,367.23, up from CNY 422,648,112.22, which is an increase of approximately 85.5%[15] - The equity attributable to shareholders reached CNY 1,105,048,331.32, compared to CNY 1,030,502,892.10 at the end of 2020, showing an increase of about 7.2%[15] - The total assets as of September 30, 2021, amounted to CNY 1,459,850,940.68, a slight increase from CNY 1,469,820,654.18 at the beginning of the year[26] - The total liabilities increased to CNY 420,525,588.52 in Q3 2021, compared to CNY 425,370,540.98 at the beginning of the year, reflecting a decrease of 1.9%[26] Research and Development - Research and development expenses for the first three quarters of 2021 amounted to ¥56,799,584.26, up from ¥35,300,623.25 in 2020, indicating a focus on innovation[18] Comprehensive Income - The company reported a total comprehensive income of ¥79,168,214.22 for the first three quarters of 2021, compared to ¥10,898,082.93 in 2020[19] - The company experienced a decrease in other comprehensive income, with a net amount of -¥1,389,222.86 in 2021 compared to -¥5,077,176.59 in 2020[19] Changes in Accounting Standards - The company executed the new leasing standards starting from 2021, impacting the financial statements accordingly[24] - The company implemented new leasing standards starting January 1, 2021, affecting accounting policies without adjustments to comparable periods[27]