SOLEX(SH:603992)2021-10-27 16:00Financial Performance - The company's operating revenue for the third quarter reached ¥795,795,620.40, representing a year-on-year increase of 46.74%[6] - The net profit attributable to shareholders decreased by 9.50% to ¥73,988,714.55 compared to the same period last year[6] - The net profit after deducting non-recurring gains and losses was ¥64,480,087.01, down 13.51% year-on-year[6] - The basic earnings per share decreased by 10.00% to ¥0.18[6] - The weighted average return on equity was 3.52%, a decrease of 0.78 percentage points compared to the previous year[6] - The company reported a net profit attributable to shareholders of listed companies of -¥57,637,500 for the year-to-date period, indicating a loss[16] - Net profit attributable to shareholders of the parent company was ¥209,530,626.61, compared to ¥192,285,873.36 in the previous year, reflecting a growth of 9.3%[26] Assets and Liabilities - Total assets increased by 43.28% to ¥3,899,372,410.42 compared to the end of the previous year[7] - The total assets of the company reached ¥3,899,372,410.42, compared to ¥2,721,453,526.52 in the previous year, indicating a growth of 43.3%[22] - Total liabilities increased to ¥1,577,744,864.60 from ¥715,102,656.91, representing a rise of 120.5%[22] - The total current assets amounted to ¥1,849,931,692.32, up from ¥1,733,086,405.32, indicating an increase of approximately 6.7%[18] - The total non-current assets amounted to ¥2,049,440,718.10, compared to ¥988,367,121.20 in the previous year, reflecting a growth of 107.5%[22] - The company's total liabilities as of September 30, 2021, were not explicitly stated but can be inferred from the cash flow statements and balance sheet data provided[31] - Total liabilities amounted to CNY 715,102,656.91, with total equity at CNY 2,006,350,869.61, resulting in total assets of CNY 2,721,453,526.52[33] Cash Flow - The company reported a net cash flow from operating activities of ¥104,514,286.67, down 52.44% year-on-year[6] - The cash outflows from operating activities totaled ¥2,052,200,718.52, up from ¥1,341,029,331.10 in the previous year, resulting in a net cash flow from operating activities of ¥104,514,286.67, down 52.5% from ¥219,759,315.52[28] - The company reported cash inflows from investment activities of ¥652,289,501.73, compared to ¥623,145.59 in the same period last year[29] - Cash outflows from investment activities were ¥890,660,317.67, leading to a net cash flow from investment activities of -¥238,370,815.94, slightly improved from -¥249,726,293.04 in 2020[29] - The company raised ¥19,500,000.00 from financing activities, while cash outflows for debt repayment and dividend distribution totaled ¥122,115,923.80, resulting in a net cash flow from financing activities of -¥102,615,923.80[29] Inventory and Receivables - The company experienced a significant increase in inventory due to tight export capacity and increased production to meet customer delivery schedules[10] - The inventory level rose to ¥517,882,922.31 from ¥271,167,771.80, representing an increase of approximately 91.1%[18] - Accounts receivable increased significantly to ¥661,486,548.12 from ¥429,952,822.38, marking a growth of about 54% year-over-year[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 7,553, with the largest shareholder, Songlin Group Investment Co., Ltd., holding 124,751,108 shares, representing 31.11%[12] - The company has a total of 10 major shareholders, with the top 10 holding significant stakes in the company[12] Business Operations - The increase in operating revenue was primarily due to an increase in sales orders and the consolidation of the acquired company Beijiete[10] - The company operates two main business categories: IDM business and "Songlin Home" business, with the latter showing a negative net profit[16] - The company plans to continue expanding its "Songlin Home" stores, contributing to increased rental expenses and overall business growth[10] - The company has plans for market expansion and new product development, although specific details were not disclosed in the report[24] Research and Development - Research and development expenses amounted to ¥113,134,502.10, an increase of 25.4% from ¥90,165,997.12 in the previous year[24]