TYSJ(SH:688033)2021-10-28 16:00Financial Performance - The company's revenue for Q3 2021 was ¥152,438,290.82, representing a year-over-year increase of 61.64%[5] - Net profit attributable to shareholders for Q3 2021 was ¥43,825,854.23, up 74.09% compared to the same period last year[5] - The net profit excluding non-recurring gains and losses for Q3 2021 was ¥42,875,819.94, reflecting a 70.17% increase year-over-year[5] - The basic earnings per share for Q3 2021 was ¥0.10, an increase of 66.67% from the previous year[5] - Total revenue for the first three quarters of 2021 reached ¥375,489,588.17, a significant increase of 58.8% compared to ¥236,610,026.62 in the same period of 2020[34] - The net profit for the current period reached ¥100,278,530.05, a significant increase of 66% compared to ¥60,426,832.51 in the previous period[39] - Operating profit increased to ¥120,240,248.09, up from ¥79,469,967.92, reflecting a growth of approximately 51%[39] - Total comprehensive income for the period was ¥100,278,530.05, compared to ¥60,426,832.51, reflecting a growth of approximately 66%[39] Assets and Liabilities - The total assets at the end of Q3 2021 amounted to ¥3,074,270,269.23, an 18.60% increase from the end of the previous year[8] - Total assets amounted to ¥3,074,270,269.23, up from ¥2,592,220,061.65, reflecting a growth of 18.6% year-over-year[30] - Current assets totaled ¥1,693,584,351.04, slightly down from ¥1,725,591,926.46, indicating a decrease of 1.9%[30] - Non-current assets increased to ¥1,380,685,918.19 from ¥866,628,135.19, representing a growth of 59.1%[30] - Total liabilities reached ¥522,813,162.21, compared to ¥180,291,516.36, marking an increase of 190.5%[30] - The company's equity attributable to shareholders rose to ¥2,508,510,100.47 from ¥2,416,667,505.07, an increase of 3.8%[32] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥36,696,834.67, down 67.02% year-over-year[5] - The company recorded a net cash inflow from operating activities of ¥409,575,163.08, up from ¥351,305,924.59, representing a growth of approximately 17%[41] - The net cash flow from operating activities was $36,696,834.67, a decrease from $111,280,585.42 in the previous period, indicating a decline of approximately 67%[45] - Cash outflow from investing activities totaled $522,425,742.07, significantly higher than $123,290,206.98 in the prior period, reflecting an increase of over 324%[45] - The total cash and cash equivalents at the end of the period decreased to $916,467,732.52 from $1,110,619,793.74, a decline of approximately 17.4%[45] - The company reported a net cash outflow of $468,334,182.53 from investing activities, worsening from a net outflow of $122,276,013.61 previously[45] - The company experienced a net decrease in cash and cash equivalents of $249,616,126.98, compared to a decrease of $53,625,460.27 in the prior period[45] Research and Development - Research and development expenses totaled ¥14,226,856.23 for Q3 2021, a decrease of 27.40% year-over-year[8] - The ratio of R&D expenses to revenue was 9.33%, down 11.45 percentage points compared to the previous year[8] - Research and development expenses rose to ¥48,495,487.11, compared to ¥43,237,287.92, indicating an increase of about 12%[39] Shareholder Information - The total number of common shareholders at the end of the reporting period is 11,777, with the largest shareholder holding 125,039,272 shares, representing 27.86% of the total[15] - The top ten shareholders include individuals and investment funds, with the second-largest shareholder holding 22,020,784 shares, representing 4.91%[15] - The company has not disclosed any participation in margin financing or securities lending by the top shareholders[17] Strategic Developments - The company has signed strategic cooperation agreements with Weihe Guangwei Composite Materials Co., Ltd. and Zhongfu Shenying Carbon Fiber Co., Ltd. to ensure the supply of carbon fiber raw materials for its products[20] - The construction of a 2,000-ton photovoltaic thermal field carbon-carbon composite material production line has been completed, with 500 tons of capacity already in production, and the total investment for this project is expected to be 350 million RMB[20] - The carbon fiber preform production line is progressing smoothly, with an expected total investment of 260 million RMB, and the first phase of the production line is anticipated to be operational within the year[20] - The company has signed a procurement contract with Qinghai Highview Solar Technology Co., Ltd. for carbon-carbon crucibles and other auxiliary materials, with a contract value of 14.2 million RMB, winning 200 sets of crucibles, which accounts for 18.18% of the total tender[21] - The total investment for the 2,000-ton production facility and supporting infrastructure is estimated to be 485 million RMB[21] - The company is actively seeking business cooperation with other photovoltaic silicon wafer manufacturers[21] - The first phase of the carbon fiber preform production line is currently in the debugging and installation phase[20]