PAIKE(SH:605123)2021-10-27 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥427,016,238.89, representing a year-on-year increase of 37.68%[7] - The net profit attributable to shareholders for the same period was ¥65,384,967.52, up 24.76% compared to the previous year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses reached ¥61,691,181.01, reflecting a 28.23% increase year-on-year[7] - Total operating revenue for the first three quarters of 2021 reached ¥1,191,147,472.92, a significant increase from ¥729,687,497.33 in the same period of 2020, representing a growth of approximately 63.4%[34] - Net profit for the first three quarters of 2021 was ¥191,572,722.89, up from ¥121,868,064.19 in 2020, reflecting a growth of approximately 57.1%[37] - The company reported a total profit of ¥246,498,833.78 for the first three quarters of 2021, up from ¥140,529,807.21 in 2020, representing an increase of about 75.2%[37] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥2,880,756,098.31, an increase of 21.10% from the end of the previous year[9] - Total liabilities amounted to RMB 1,169,994,035.33, compared to RMB 803,516,817.55 at the end of 2020, reflecting an increase of approximately 46%[31] - The company's total assets reached RMB 2,880,756,098.31, up from RMB 2,378,890,639.80, indicating a growth of about 21%[31] - The company's non-current liabilities rose to RMB 230,030,379.85 from RMB 93,473,118.92, indicating a substantial increase of approximately 146%[31] Shareholder Information - The company's equity attributable to shareholders was ¥1,710,762,062.98, which is an 8.59% increase compared to the previous year[9] - Shareholders' equity increased to RMB 1,710,762,062.98 from RMB 1,575,373,822.25, representing a growth of approximately 9%[31] - The top shareholder, Zong Liping, holds 40,270,000 shares, representing 37.29% of the total shares[18] Cash Flow - The cash flow from operating activities showed a net outflow of ¥54,249,086.44, a significant decrease of 193.34% year-on-year[9] - Cash flow from operating activities for the first three quarters of 2021 showed a net outflow of ¥54,249,086.44, contrasting with a net inflow of ¥58,122,116.77 in 2020[43] - Net cash flow from financing activities was -$120.36 million, compared to $672.93 million in the previous period[44] - Total cash and cash equivalents at the end of the period reached $257.53 million, up from $186.00 million[44] - Cash inflows from financing activities totaled $43.51 million, while cash outflows amounted to $163.87 million[44] Expenses - Research and development expenses increased by 88.34%, primarily due to heightened investment in aerospace and new energy products[13] - The company reported a significant increase in sales expenses by 53.83%, attributed to growth in sales activities[13] - Total operating costs for the first three quarters of 2021 were ¥967,371,509.30, compared to ¥589,891,823.37 in 2020, indicating an increase of about 64.1%[34] Other Financial Metrics - The basic earnings per share for the first three quarters of 2021 was ¥1.7738, compared to ¥1.4508 in the same period of 2020, marking an increase of about 22.3%[39] - The company recorded other income of ¥28,649,206.44 in the first three quarters of 2021, compared to ¥6,767,267.64 in 2020, reflecting a growth of approximately 323.5%[34] - The company experienced a credit impairment loss of ¥12,297,404.25 in the first three quarters of 2021, compared to a loss of ¥5,352,059.79 in 2020, indicating an increase of about 129.4%[37] Current Assets - As of September 30, 2021, total current assets reached RMB 2,077,520,503.77, an increase from RMB 1,839,651,739.55 at the end of 2020, reflecting a growth of approximately 13%[25] - Cash and cash equivalents increased to RMB 386,427,219.82 from RMB 305,048,589.13, representing a growth of about 27% year-over-year[25] - Accounts receivable rose to RMB 718,854,756.15, up from RMB 465,532,375.64, indicating a significant increase of approximately 54%[25] - Inventory levels increased to RMB 436,128,172.58 from RMB 281,943,902.64, marking a growth of around 55%[25]