Forest Packaging(SH:605500)2021-10-26 16:00Financial Performance - The company's operating revenue for Q3 2021 was CNY 770,041,356.60, representing a year-on-year increase of 20.29%[5] - The net profit attributable to shareholders for the same period was CNY 54,307,039.19, a decrease of 12.26% compared to the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 51,675,203.76, down 15.59% year-on-year[5] - Year-to-date operating revenue reached CNY 2,111,076,393.18, an increase of 42.40% compared to the same period last year[5] - Year-to-date net profit attributable to shareholders increased by 61.22% to CNY 190,947,080.06[5] - Basic earnings per share for Q3 2021 were CNY 0.27, a decrease of 34.20% compared to the same period last year[6] - Net profit for Q3 2021 reached CNY 190,969,775.42, up 61% from CNY 118,441,699.31 in the same period last year[20] - Basic and diluted earnings per share for Q3 2021 were CNY 0.95, compared to CNY 0.79 in Q3 2020, reflecting a growth of 20%[21] - The company reported a total comprehensive income of CNY 190,096,740.91 for Q3 2021, significantly higher than CNY 118,441,699.31 in Q3 2020[21] Cash Flow and Assets - The cash flow from operating activities showed a net decrease of 57.46%, amounting to CNY 68,166,818.69 year-to-date[6] - Cash flow from operating activities for the first three quarters of 2021 was CNY 68,166,818.69, down 58% from CNY 160,243,778.30 in the previous year[23] - Cash inflow from operating activities totaled CNY 2,321,027,749.92, a 69% increase from CNY 1,372,579,575.03 in the same period last year[22] - The company's cash and cash equivalents were reported at ¥221,898,570.98, down from ¥867,994,230.78 at the end of 2020, showing a significant decrease of about 74.5%[14] - The company’s cash and cash equivalents at the end of the period were CNY 215,273,778.84, down from CNY 57,099,435.92 at the end of Q3 2020[23] - The total assets at the end of the reporting period were CNY 2,588,452,438.09, reflecting a 4.40% increase from the end of the previous year[6] - As of September 30, 2021, total assets amounted to ¥2,588,452,438.09, compared to ¥2,479,459,319.12 at the end of 2020, indicating an increase of about 4.4%[16] - Current assets totaled ¥1,382,259,473.55, a slight decrease from ¥1,449,208,683.77 at the end of 2020, reflecting a decline of approximately 4.6%[14] Liabilities and Equity - Total liabilities decreased to ¥314,574,419.79 from ¥403,384,387.09, representing a reduction of approximately 22.0%[16] - The company's equity attributable to shareholders increased to ¥2,196,148,977.58 from ¥2,076,074,932.03, reflecting a growth of about 5.8%[16] - The total equity attributable to shareholders was RMB 2,076,074,932.03, reflecting strong financial health[27] Operating Costs and Expenses - Total operating costs for Q3 2021 were CNY 1,984,746,775.56, an increase of 42% compared to CNY 1,399,003,395.83 in Q3 2020[19] - The company incurred sales expenses of CNY 20,533,909.15 in Q3 2021, up from CNY 15,224,770.34 in Q3 2020, indicating a 35% increase[19] - Research and development expenses for Q3 2021 were CNY 67,566,463.40, an increase of 37% from CNY 49,459,184.27 in the same period last year[19] Market Strategy - The company is focusing on expanding its market presence and developing new products, although specific details on new products and technologies were not provided in the content[17]