KSHG(SH:605333)2021-10-29 16:00Financial Performance - The company's revenue for Q3 2021 was CNY 655,821,780.80, representing a 62.55% increase compared to the same period last year[5]. - The net profit attributable to shareholders was CNY 19,230,371.87, a decrease of 7.01% year-over-year[5]. - The net profit after deducting non-recurring gains and losses was CNY 17,196,194.31, down 9.53% from the previous year[5]. - Net profit for the third quarter of 2021 was ¥45,352,350.02, compared to ¥43,827,865.21 in the previous year, reflecting a growth of 3.5%[23]. - The total equity attributable to shareholders reached ¥799,197,303.59, an increase of 2.7% from ¥780,816,331.71 in the previous year[20]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 2,547,546,326.64, an increase of 32.02% compared to the end of the previous year[7]. - Total assets reached ¥2,547,546,326.64, compared to ¥1,929,604,919.96 at the end of 2020, marking an increase of approximately 32%[19]. - Current liabilities increased to ¥1,360,792,729.89 from ¥863,762,041.09, representing a growth of about 57.5%[19]. - The company reported a significant increase in short-term borrowings, which rose to ¥424,559,153.43 from ¥305,090,259.64[19]. - The company's total liabilities increased to ¥1,748,349,023.05, up 52.3% from ¥1,148,788,588.25 year-over-year[20]. Cash Flow - The company's cash flow from operating activities showed a net outflow of CNY 43,682,424.97, a significant decline of 126.32% year-over-year[5]. - Cash inflow from operating activities totaled CNY 1,441,331,906.33, a significant increase from CNY 985,650,589.27 in the same period last year, representing a growth of approximately 46.2%[25]. - Net cash outflow from operating activities was CNY -43,682,424.97, compared to a positive cash flow of CNY 165,937,535.76 in the previous year[25]. - Total operating cash outflow was CNY 1,485,014,331.30, compared to CNY 819,713,053.51 in the previous year, marking an increase of about 81%[25]. - The ending cash and cash equivalents balance was CNY 17,668,667.05, down from CNY 92,415,119.81 at the end of the previous year, indicating a decrease of approximately 80.9%[27]. Operating Costs and Expenses - The company reported a 72.19% increase in operating costs, primarily due to rising raw material prices and labor costs[9]. - Research and development expenses rose by 74.65%, reflecting increased staffing and material costs for new projects[9]. - Total operating costs for the same period were ¥1,600,534,081.16, up 69.3% from ¥945,720,051.22 in 2020[22]. - Research and development expenses for the first three quarters were ¥81,336,232.04, up 74.5% from ¥46,570,284.54 in 2020[22]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 13,331, an increase from 10 previously[14]. - The largest shareholder, Cheng Sanrong, holds 262,000,000 shares, representing 65.34% of total shares[14]. Market and Future Outlook - The company's gross revenue growth was driven by increased production and new project launches, recovering from the impact of the pandemic in the previous year[9]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[22]. - The company has not indicated any new product or technology developments in the current reporting period[16].