LPM(SH:605577)2021-10-27 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥640,415,262.37, a decrease of 8.51% compared to the same period last year[7]. - The net profit attributable to shareholders was ¥184,939,397.77, an increase of 8.92% year-on-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥179,827,900.05, reflecting a significant increase of 25.70% compared to the previous year[7]. - The basic earnings per share for the quarter was ¥0.4458, a decrease of 5.02% from the same period last year[10]. - Total operating revenue for the first three quarters of 2021 reached RMB 1,405,945,630.07, an increase of 8.25% compared to RMB 1,298,611,233.16 in the same period of 2020[34]. - Net profit for the first three quarters of 2021 was RMB 260,233,203.46, compared to RMB 227,624,231.58 in the same period of 2020, representing a growth of 14.3%[34]. - Basic earnings per share for the first three quarters of 2021 were RMB 0.6426, an increase from RMB 0.5691 in the same period of 2020[36]. - The company reported a total profit of RMB 260,233,218.98 for the first three quarters of 2021, compared to RMB 227,632,979.13 in 2020, reflecting an increase of 14.3%[34]. Assets and Liabilities - The total assets at the end of the reporting period reached ¥4,828,117,632.03, representing a growth of 14.87% compared to the end of the previous year[10]. - The company's total current assets as of September 30, 2021, amounted to RMB 2,562,714,599.34, an increase from RMB 1,927,098,409.63 at the end of 2020[23]. - Total liabilities as of September 30, 2021, were RMB 1,961,262,922.09, up from RMB 1,807,600,659.08 at the end of 2020[29]. - The company's total assets reached RMB 4,828,117,632.03, compared to RMB 4,203,140,558.19 at the end of 2020[29]. - The total equity increased to RMB 2,866,854,709.94 from RMB 2,395,539,899.11 at the end of 2020[29]. - The total liabilities and equity amounted to RMB 4,828,117,632.03, compared to RMB 4,203,140,558.19 in 2020, representing an increase of 14.8%[34]. Cash Flow - The cash flow from operating activities for the year-to-date was ¥143,144,576.61, showing a significant decrease of 522.59% compared to the previous year[10]. - Cash flow from operating activities for the first three quarters of 2021 was RMB 1,064,057,819.97, compared to RMB 739,324,986.62 in 2020, indicating a significant increase of 43.8%[36]. - Operating cash inflow totaled CNY 1,129,910,607.73, an increase from CNY 820,955,995.75 in the previous period, reflecting a strong performance in cash generation[40]. - Cash outflow from operating activities was CNY 986,766,031.12, compared to CNY 854,829,119.15 previously, indicating increased operational expenses[40]. - Net cash flow from operating activities was CNY 143,144,576.61, a significant recovery from a negative CNY 33,873,123.40 in the prior period[40]. - Cash inflow from investment activities was CNY 822,034,261.15, down from CNY 1,159,303,392.54, showing a decline in investment returns[40]. - Cash outflow from investment activities amounted to CNY 1,059,627,912.85, compared to CNY 1,466,799,518.69 previously, indicating reduced investment spending[40]. - Net cash flow from investment activities was negative at CNY -237,593,651.70, an improvement from CNY -307,496,126.15 in the previous period[40]. - Cash inflow from financing activities totaled CNY 242,637,319.89, reflecting new capital raised[42]. - Net cash flow from financing activities was CNY 221,945,862.85, a recovery from a negative CNY 13,890,075.57 in the prior period[42]. - The ending cash and cash equivalents balance increased to CNY 1,271,346,914.67 from CNY 829,363,555.42, indicating improved liquidity[42]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 15,233, with the top ten shareholders holding 99.54% of the shares[18]. - Heilongjiang Publishing Group Co., Ltd. holds 256,080,000 shares, accounting for 57.62% of the total shares[18]. Operational Insights - The company plans to continue expanding its market presence and investing in new product development to drive future growth[16]. - The company has not disclosed any new product or technology developments in the current reporting period[22]. - The company reported a significant increase in trading financial assets due to increased purchases of wealth management products during the reporting period[15]. - The company experienced a 238.44% increase in accounts receivable, primarily due to outstanding payments for educational materials[15]. - Accounts receivable increased significantly to RMB 450,013,483.42 from RMB 132,965,171.33 year-over-year[26]. - Inventory decreased to RMB 195,674,802.55 from RMB 224,206,490.10 year-over-year[26]. - Research and development expenses for the first three quarters of 2021 were RMB 3,404,106.87, down from RMB 5,649,532.01 in 2020, showing a decrease of 39.8%[34]. - Other income for the first three quarters of 2021 was RMB 12,711,233.10, down from RMB 22,151,405.82 in 2020, indicating a decline of 42.5%[34].