SHIMAO ENERGY(SH:605028)2021-10-26 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥92,904,111.39, representing a 28.99% increase compared to the same period last year[5]. - Net profit attributable to shareholders for Q3 2021 reached ¥43,893,335.89, marking an impressive 89.01% year-over-year growth[5]. - The basic earnings per share for the period was ¥0.30, reflecting a 57.89% increase compared to the previous year[6]. - Operating revenue for the first three quarters of 2021 was CNY 276,568,759.01, up 33.3% from CNY 207,518,370.32 in the same period of 2020[22]. - Net profit for the first three quarters of 2021 was CNY 127,256,484.87, which is an increase of 98.5% compared to CNY 63,901,381.42 in the first three quarters of 2020[22]. - The company's cash and cash equivalents increased to CNY 336,938,122.58 as of September 30, 2021, compared to CNY 47,490,929.00 at the end of 2020, marking a growth of 608.5%[21]. - The net cash flow from operating activities for the first three quarters of 2021 was CNY 114,181,053.14, an increase of 78.5% compared to CNY 64,039,517.88 in the same period of 2020[26]. - Total cash inflow from operating activities reached CNY 303,668,006.96, up from CNY 243,625,194.76, representing a growth of 24.7% year-over-year[25]. Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥1,095,147,110.01, which is a 103.80% increase from the beginning of the year[10]. - The company's total assets as of September 30, 2021, reached CNY 1,095,147,110.01, a significant increase from CNY 537,355,239.23 on December 31, 2020, representing a growth of approximately 103.5%[21]. - The company's total liabilities as of September 30, 2021, were CNY 110,028,045.76, compared to CNY 101,942,659.85 at the end of 2020, reflecting a rise of 7.4%[21]. - The total liabilities amounted to CNY 101,942,659.85, indicating stable financial leverage[30]. Shareholder Information - The equity attributable to shareholders increased by 126.25% to ¥985,119,064.25, driven by the issuance of 40 million new shares and profit growth[10]. - The total number of ordinary shareholders at the end of the reporting period was 19,412[11]. - The company has a significant shareholder structure, with six individuals collectively controlling 75% of the shares, indicating a concentrated ownership[15]. - The top ten shareholders include individuals and investment funds, with the largest individual shareholder holding 623,248 shares[14]. - The company plans to distribute a cash dividend of RMB 5.00 per 10 shares (including tax), totaling RMB 80 million in profit distribution[18]. Investment and Development - The company completed its initial public offering, raising a total of RMB 567.2 million, with a net amount of RMB 502.45 million after deducting issuance costs[16]. - The registered capital increased from RMB 120 million to RMB 160 million following the IPO[17]. - The company is expanding its waste-to-energy capacity with a project to process 500 tons of waste per day, which has received approval from the local development and reform bureau[19]. - The company is actively involved in the development of new projects to meet increasing waste management demands, promoting resource recycling[19]. Cash Flow and Expenses - The net cash outflow from investing activities was CNY 260,011,739.75, compared to CNY 20,239,448.92 in the previous year, indicating a significant increase in investment expenditures[26]. - Cash inflow from financing activities surged to CNY 527,710,800.00, a substantial rise from CNY 49,100,000.00 in 2020, reflecting strong capital raising efforts[26]. - The net increase in cash and cash equivalents for the period was CNY 289,401,478.15, compared to CNY 21,369,669.25 in the same period last year, showing a robust liquidity position[26]. - Employee compensation payments increased to CNY 17,673,987.28 from CNY 13,732,160.81, reflecting a rise in workforce costs[25]. Research and Development - Research and development expenses for the first three quarters of 2021 amounted to CNY 8,610,833.55, an increase of 36.2% from CNY 6,319,709.39 in the same period of 2020[22]. Return on Investment - The weighted average return on net assets decreased by 18.67% to 5.01% for the current period[6].