LYKL(SH:605086)2021-10-21 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥69,584,951.97, representing a year-on-year increase of 23.59%[4] - The net profit attributable to shareholders for the same period was ¥23,752,072.26, reflecting a growth of 28.87% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥23,492,502.56, with a year-on-year increase of 28.74%[4] - Total operating revenue for the first three quarters of 2021 reached ¥205,992,029.11, a 39.5% increase compared to ¥147,443,378.95 in the same period of 2020[18] - Net profit for the first three quarters of 2021 was ¥69,770,751.45, representing a 46.7% increase from ¥47,504,421.14 in the previous year[19] - The total profit for the first three quarters was ¥91,878,070.45, an increase from ¥62,675,510.78 year-on-year[19] Assets and Liabilities - The total assets at the end of the reporting period reached ¥1,107,491,043.81, an increase of 68.60% compared to the end of the previous year[5] - The total liabilities decreased slightly to RMB 74,069,918.27 from RMB 75,094,583.84 year-over-year, reflecting improved financial stability[16] - The company's cash and cash equivalents reached RMB 253,073,526.50, compared to RMB 29,110,534.88 at the end of 2020, indicating a substantial growth in liquidity[13] - The company's equity attributable to shareholders increased to RMB 1,033,421,125.54, up from RMB 581,795,626.34 in the previous year, showcasing strong growth in shareholder value[16] Cash Flow - The cash flow from operating activities for the year-to-date was ¥88,189,292.71, showing a year-on-year increase of 39.84%[5] - Cash flow from operating activities generated a net amount of ¥88,189,292.71, an increase from ¥63,063,542.95 in the previous year[22] - Cash inflow from investment activities was ¥86,067,444.65, while cash outflow was ¥340,121,527.43, resulting in a net cash flow of -¥254,054,082.78[22] - The company received cash from financing activities totaling ¥393,123,773.58, with no cash inflow from financing activities in the previous year[22] - The net cash flow from financing activities was $389,827,781.69, compared to a negative cash flow of $20,724,681.01 in the previous period[23] Shareholder Information - The company had a total of 13,952 common shareholders at the end of the reporting period, with the largest shareholder holding 60.04% of the shares[9] Research and Development - The company increased its R&D expenses by 52.09% year-on-year, indicating a focus on enhancing innovation[7] - Research and development expenses for the first three quarters were ¥5,881,669.24, up from ¥3,867,345.41 in the same period of 2020[18] Operational Expenses - The sales expenses for the year-to-date increased by 39.01%, primarily due to the resumption of social insurance contributions[7] - Total operating costs amounted to ¥118,957,576.55, up 37.5% from ¥86,488,824.38 year-on-year[18] Inventory and Receivables - The inventory as of September 30, 2021, was RMB 23,572,643.75, a slight increase from RMB 22,768,219.65 at the end of 2020, indicating stable inventory management[15] - The company's accounts receivable stood at RMB 97,149.08, showing a minor increase from RMB 102.51 in the previous year, indicating stable receivables management[13] Other Financial Information - The company reported a financial income of ¥2,264,813.94, compared to a financial expense of ¥102,424.80 in the previous year[18] - The company reported a total of RMB 26,075,114.29 in other payables, which is relatively stable compared to RMB 25,951,145.79 in the previous year[16] - The company's long-term investments remained stable at RMB 5,000,000.00, consistent with the previous year, indicating a steady investment strategy[15] Future Plans - The company plans to extend the completion date of its fundraising project related to the ore dressing plant to March 2022, reflecting ongoing investment in operational improvements[12] Product Development - The company has not disclosed any significant new product developments or market expansion strategies during this reporting period[11]