KINGSEMI(SH:688037)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥196,278,856.29, representing a 31.21% increase compared to the same period last year[8]. - The net profit attributable to shareholders for Q3 2021 was ¥18,016,220.05, a decrease of 53.17% year-on-year[8]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥16,315,196.90, down 45.61% from the previous year[8]. - Total operating revenue for the first three quarters of 2021 reached ¥547,186,894.58, a significant increase from ¥211,926,262.92 in the same period of 2020, representing a growth of approximately 158.5%[35]. - Net profit for the third quarter of 2021 was ¥53,086,158.80, compared to ¥44,686,074.52 in the same quarter of 2020, indicating an increase of about 18.5%[41]. - Basic earnings per share for Q3 2021 were ¥0.63, up from ¥0.53 in Q3 2020, showing an increase of about 19%[44]. - The company's retained earnings increased to ¥96,080,169.52 in Q3 2021 from ¥59,794,010.72 in Q3 2020, indicating a growth of about 60.5%[35]. - The total equity attributable to shareholders reached ¥865,086,762.69 in Q3 2021, compared to ¥798,597,040.69 in Q3 2020, marking an increase of approximately 8.3%[35]. Research and Development - The total R&D investment for Q3 2021 was ¥20,134,506.12, an increase of 73.07% compared to the same period last year[12]. - R&D investment accounted for 10.26% of operating revenue in Q3 2021, up 2.48 percentage points year-on-year[12]. - Research and development expenses for the third quarter of 2021 amounted to ¥68,897,697.84, up from ¥23,629,332.89 in the previous year, reflecting a growth of approximately 191.5%[38]. Assets and Liabilities - The total assets at the end of Q3 2021 were ¥1,781,186,296.51, a 45.45% increase compared to the end of the previous year[12]. - The total liabilities increased to ¥916,099,533.82 in Q3 2021, compared to ¥426,002,879.68 in Q3 2020, marking an increase of about 115.5%[35]. - Current liabilities rose to ¥888,999,495.00 from ¥398,615,682.80 year-over-year[32]. - The company reported a significant increase in contract liabilities to ¥288,028,563.26 from ¥132,377,198.56[32]. Cash Flow - The company reported a net cash flow from operating activities of -¥205,483,279.00 for the year-to-date period[12]. - The company's cash flow from operating activities for the first three quarters of 2021 was ¥682,598,420.09, compared to ¥239,784,381.15 in the same period of 2020, representing an increase of approximately 184.5%[44]. - The net cash flow from operating activities was -$205.48 million, compared to -$88.94 million in the previous year, indicating a significant increase in cash outflow[47]. - Cash inflow from investment activities totaled $1.07 million, a sharp decline from $1.33 billion in the same quarter last year[47]. - The net cash flow from investment activities was -$103.88 million, contrasting with a positive cash flow of $133.25 million in the previous year[47]. - Cash inflow from financing activities amounted to $231.31 million, with no inflow reported in the same quarter last year[47]. - The net cash flow from financing activities was $139.59 million, compared to a negative cash flow of $10.50 million in the previous year[47]. - The total cash and cash equivalents at the end of the period were $241.63 million, down from $357.22 million at the end of the previous year[47]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 6,636[24]. - The largest shareholder, Shenyang Advanced Manufacturing Technology Co., Ltd., holds 14,332,430 shares, accounting for 17.06% of total shares[24]. - The number of shares held by the top ten shareholders represents a significant portion of the company's equity, with the top shareholder alone holding over 17%[24]. Inventory and Receivables - Accounts receivable increased to ¥174,353,953.49 from ¥84,307,944.47 year-over-year[30]. - Inventory has significantly increased to ¥849,554,797.69 from ¥402,272,590.16 compared to the previous year[30]. Tax and Other Expenses - The company paid $37.66 million in various taxes, an increase from $17.30 million in the same quarter last year[47]. - The company reported a cash outflow of $104.95 million for the acquisition of fixed assets, up from $67.21 million in the previous year[47]. Market and Product Development - The company has not disclosed any significant new product developments or market expansion strategies in the current report[26].