CABIO(SH:688089)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥86,799,226.19, representing a year-over-year increase of 1.76%[5] - The net profit attributable to shareholders decreased by 14.18% to ¥33,381,698.78 for the same period[5] - The net profit after deducting non-recurring gains and losses was ¥21,801,554.04, down 14.51% year-over-year[5] - Net profit for the third quarter of 2021 was ¥104,179,165.99, down from ¥113,843,435.64 in the same quarter of 2020, reflecting a decrease of approximately 8.8%[23] - Earnings per share for the third quarter of 2021 were ¥0.84, compared to ¥0.92 in the same quarter of 2020, showing a decline of about 8.7%[24] - The company reported a total comprehensive income of ¥104,007,803.01 for the third quarter of 2021, down from ¥113,595,784.77 in the same quarter of 2020, indicating a decrease of approximately 8.5%[24] Research and Development - Research and development expenses totaled ¥5,844,964.91, an increase of 55.01% compared to the previous year[6] - R&D expenses accounted for 6.73% of operating revenue, up 2.31 percentage points from the previous year[6] - The company plans to continue increasing investment in new business R&D and expanding its R&D team size[10] - Research and development expenses for the third quarter of 2021 were ¥17,352,441.12, up from ¥11,773,569.80 in the same period of 2020, representing an increase of about 47.8%[22] Cash Flow and Liquidity - Cash flow from operating activities showed a significant decline of 53.73% to ¥53,374,936.52 year-to-date[6] - Operating cash inflow for the first three quarters of 2021 was CNY 267,521,499.22, a decrease of 16.1% compared to CNY 318,864,151.12 in the same period of 2020[26] - The company reported a net cash flow from operating activities of CNY 53,374,936.52, significantly lower than CNY 115,354,810.57 in Q3 2020, indicating a decline of 53.7%[27] - Cash and cash equivalents were reported at ¥367,239,854.04, down from ¥847,316,269.30 in December 2020, indicating a significant reduction of about 56.6%[16] - Cash received from investment recovery was CNY 285,587,000.00, down 39.6% from CNY 473,000,000.00 in the previous year[27] - Total cash inflow from investment activities was CNY 297,485,123.75, a decrease of 38.4% compared to CNY 482,478,424.66 in the same period of 2020[27] - The net increase in cash and cash equivalents for Q3 2021 was CNY -480,089,700.86, slightly better than CNY -515,688,143.26 in Q3 2020[28] Assets and Liabilities - Total assets increased by 1.92% to ¥1,409,391,243.45 compared to the end of the previous year[6] - The total assets as of the end of the third quarter of 2021 amounted to ¥1,409,391,243.45, slightly up from ¥1,382,820,690.79 at the end of the previous year[18] - Total liabilities for the third quarter of 2021 were ¥54,877,055.97, a decrease from ¥59,301,062.31 in the same period of 2020, representing a reduction of approximately 7.2%[18] - The company's total non-current assets reached ¥386,810,615.08, an increase from ¥259,680,565.72 in the previous year, indicating a growth of approximately 48.9%[18] Shareholder Information - The company reported a total of 53,100,000 restricted shares held by domestic state-owned legal entities, with no shares under lock-up conditions[13] - The top ten shareholders include Beiyou Limited with 14,490,000 shares and China Merchants Bank with 4,503,851 shares, indicating significant institutional ownership[14] - The company has not disclosed any related party transactions or agreements among shareholders, ensuring transparency in ownership structure[14] Operating Costs - Total operating costs for the first three quarters of 2021 were ¥160,807,974.69, compared to ¥139,782,813.28 in 2020, indicating an increase of about 15.1%[22] - The company’s total operating expenses increased to CNY 214,146,562.70, compared to CNY 203,509,340.55 in the same period last year, reflecting a rise of 5.3%[27]