Willfar(SH:688100)2021-10-19 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥448,803,138.26, representing a year-on-year increase of 20.41%[8] - The net profit attributable to shareholders for Q3 2021 was ¥80,919,783.72, with a year-on-year growth of 12.40%[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥77,779,524.34, showing a year-on-year increase of 22.94%[8] - The company achieved a total revenue of RMB 1.29964 billion, with main business revenue accounting for RMB 1.29422 billion, representing 99.58% of total revenue[26] - The parent company, Weisheng Information, reported a revenue of RMB 994.53 million, a year-on-year increase of 18.08%, with a net profit of RMB 181.52 million, a slight increase of 0.17%[26] - Net profit for the third quarter of 2021 was ¥248,401,282.24, compared to ¥209,586,024.97 in the same quarter of 2020, reflecting an increase of 18.5%[43] - Earnings per share for the third quarter of 2021 were ¥0.50, up from ¥0.42 in the same quarter of 2020[46] Research and Development - The R&D investment totaled ¥48,910,153.73 in Q3 2021, an increase of 42.62% compared to the same period last year, reflecting the company's commitment to enhancing product competitiveness and expanding into new markets[11][17] - Research and development expenses accounted for 9.42% of operating revenue, an increase of 1.14 percentage points year-on-year, with 363 R&D personnel, making up 49.5% of the total workforce[27] - Research and development expenses for the third quarter of 2021 amounted to ¥122,438,275.65, an increase of 41.5% from ¥86,484,775.17 in the same quarter of 2020[40] - The company added 49 new patents (including 11 invention patents) and 58 software copyrights, bringing the total to 647 effective patents and 752 software copyrights[27] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,607,603,053.70, which is a 9.83% increase from the end of the previous year[11] - The total assets as of September 30, 2021, were RMB 3.6076 billion, an increase from RMB 3.2846 billion at the end of 2020[31] - The total current assets amounted to RMB 3.1545 billion, compared to RMB 2.8364 billion at the end of 2020[31] - The total liabilities as of September 30, 2021, were RMB 1.0563 billion, up from RMB 921.63 million at the end of 2020[36] - Total liabilities as of the end of the reporting period were ¥1,066,712,065.80, compared to ¥929,644,046.40 at the end of the previous year, representing a growth of 14.7%[37] - The total liabilities amounted to $921,629,729.96, with current liabilities accounting for a significant portion of this figure[53] Cash Flow - The company reported a net cash flow from operating activities of ¥79,785,751.48 for the year-to-date, which is a 23.99% increase year-on-year[8] - Cash inflow from operating activities for the first three quarters of 2021 totaled ¥969,734,275.46, compared to ¥877,193,953.97 in 2020, indicating a growth of 10.5%[47] - Net cash flow from operating activities increased to $79,785,751.48, up from $64,347,453.25, representing a growth of approximately 24.5% year-over-year[49] - The company’s cash flow from operating activities showed a total outflow of $889,948,523.98, compared to $812,846,500.72 in the previous period, indicating an increase of approximately 9.5%[49] Shareholder Information - The company has a total of 8,030 common shareholders at the end of the reporting period, with the largest shareholder holding 36.67% of the shares[18] - Total equity attributable to shareholders was ¥2,509,493,377.46, representing a 6.56% increase from the previous year[11] - Total equity attributable to shareholders reached ¥2,509,493,377.46, an increase of 6.6% from ¥2,354,989,705.69 in the previous year[37] - Shareholders' equity totaled approximately $2.35 billion, with no change from the previous period[56]