Yongmaotai(SH:605208)2021-10-27 16:00Financial Performance - The company's revenue for Q3 2021 was ¥794,490,085.21, representing a year-over-year increase of 3.59%[5] - The net profit attributable to shareholders for Q3 2021 was ¥42,187,575.41, a decrease of 30.34% compared to the same period last year[5] - Basic and diluted earnings per share for Q3 2021 were both ¥0.22, down 47.81% from the previous year[6] - In Q3 2021, the net profit reached CNY 164,027,184.99, an increase of 26.5% compared to CNY 129,599,153.32 in Q3 2020[23] - Operating profit for Q3 2021 was CNY 213,420,086.70, compared to CNY 170,015,713.90 in Q3 2020, reflecting a year-over-year increase of 25.5%[23] - The net profit margin improvement, with net profit for the first three quarters of 2021 showing a positive trend compared to the previous year[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,745,978,253.37, an increase of 22.32% from the end of the previous year[6] - The total assets of the company reached RMB 2,745,978,253.37, up from RMB 2,244,978,538.13 at the end of 2020, indicating a growth of 22.3%[20] - The total liabilities decreased to RMB 800,623,188.81 from RMB 1,001,788,238.52, a reduction of 20.1%[19] - The owner's equity increased significantly to RMB 1,945,355,064.56, compared to RMB 1,243,190,299.61 at the end of 2020, marking a growth of 56.5%[20] Cash Flow - The company reported a net cash flow from operating activities of -¥158,229,348.01 for the year-to-date period[5] - The net cash flow from operating activities for the first nine months of 2021 was negative at CNY -158,229,348.01, compared to a positive CNY 8,765,444.87 in the same period of 2020[26] - The company reported a total cash and cash equivalents balance of CNY 145,271,762.60 at the end of Q3 2021, significantly up from CNY 44,224,776.74 at the end of Q3 2020[27] - The cash flow from financing activities in Q3 2021 was CNY 402,144,618.15, a significant increase from CNY 74,731,166.08 in Q3 2020[27] Shareholder Information - The equity attributable to shareholders increased by 56.48% to ¥1,945,355,064.56 compared to the end of the previous year[6] - The total number of ordinary shareholders at the end of the reporting period was 19,977[11] Operating Costs and Expenses - Total operating revenue for the first three quarters of 2021 reached RMB 2,238,118,187.72, an increase of 20.3% compared to RMB 1,859,690,971.21 in the same period of 2020[22] - Total operating costs for the first three quarters of 2021 were RMB 2,069,567,910.40, up 19.4% from RMB 1,733,865,455.34 in the previous year[22] - Total operating expenses for Q3 2021 were CNY 142,250,503.83, compared to CNY 118,968,503.86 in Q3 2020, marking an increase of 19.5%[23] Research and Development - Research and development expenses in Q3 2021 amounted to CNY 32,203,027.06, up from CNY 25,723,581.57 in Q3 2020, indicating a growth of 25.1%[23] Future Outlook - The company is focusing on expanding its market presence and enhancing its product offerings through new technology developments[16] - Future guidance indicates a continued emphasis on operational efficiency and strategic investments to drive growth[22] Government Support - The company received government subsidies amounting to ¥10,491,948.47 during the reporting period[8] Cash and Inventory - The company's cash and cash equivalents increased significantly to RMB 163,584,565.27 as of September 30, 2021, compared to RMB 64,373,175.59 at the end of 2020, reflecting a growth of 153.5%[16] - Inventory levels rose to RMB 449,401,038.67, a substantial increase of 52.9% from RMB 294,117,544.33 at the end of 2020[18]