GDTC(SH:688186)2021-10-28 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥469,145,994.28, a decrease of 8.41% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2021 was ¥40,753,993.04, down 18.08% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥33,488,375.56, a decrease of 30.48% compared to the same period last year[5]. - Total revenue for the first three quarters of 2021 reached ¥1,975,344,670.73, a significant increase from ¥1,318,510,287.26 in the same period of 2020, representing a growth of approximately 49.9%[23]. - Operating profit for the third quarter was ¥198,923,388.85, compared to ¥167,724,260.53 in the previous year, indicating an increase of about 18.6%[24]. - Net profit for the third quarter amounted to ¥183,206,201.56, up from ¥138,920,197.51 in the same quarter of 2020, reflecting a growth of approximately 32%[24]. - The total comprehensive income for the period was CNY 183,206,201.56, compared to CNY 138,920,197.51 in the previous period, representing an increase of approximately 32%[25]. - Basic and diluted earnings per share were both CNY 1.08, up from CNY 0.89 in the same period last year, indicating a growth of 21.35%[25]. Assets and Liabilities - The total assets at the end of the reporting period were ¥7,264,377,304.67, an increase of 75.16% compared to the end of the previous year[6]. - Total assets as of the end of the third quarter were ¥7,264,377,304.67, compared to ¥4,147,341,774.36 at the end of the same period last year, marking an increase of about 75.5%[21]. - Total liabilities increased to ¥3,793,372,128.06 from ¥2,399,446,245.65, representing a growth of approximately 58.2%[20]. - The total equity attributable to shareholders increased to ¥3,142,119,817.93 from ¥1,747,895,528.71, reflecting a growth of approximately 79.9%[21]. Cash Flow - The company reported a net cash flow from operating activities of -¥263,076,280.86 for the year-to-date period[6]. - Cash inflow from operating activities totaled CNY 1,020,347,997.84, significantly higher than CNY 530,149,095.11 in the previous year, marking an increase of 92.5%[28]. - Cash outflow from operating activities was CNY 1,283,424,278.70, compared to CNY 1,030,724,321.60 in the previous year, resulting in a net cash flow from operating activities of CNY -263,076,280.86[28]. - Cash flow from investing activities showed a net outflow of CNY -1,007,489,447.50, compared to CNY -394,495,380.32 in the previous year, indicating increased investment activity[30]. - Cash flow from financing activities generated a net inflow of CNY 1,569,615,925.11, up from CNY 940,072,826.47 in the previous year, reflecting a growth of 67%[30]. - The ending balance of cash and cash equivalents was CNY 557,225,422.58, compared to CNY 220,286,032.10 at the end of the previous year, representing an increase of 153%[30]. - The company received CNY 1,302,310,047.91 from investment activities, which is a significant increase from CNY 661,339,536.00 in the previous year[30]. - The company reported a tax refund of CNY 26,293,780.28, compared to CNY 9,524,798.20 in the previous year, indicating improved cash flow management[28]. - The company’s total cash inflow from financing activities was CNY 2,509,973,962.22, compared to CNY 1,653,970,229.53 in the previous year, showing a growth of 51.7%[30]. Shareholder Information - The equity attributable to shareholders at the end of the reporting period was ¥3,142,119,817.93, up 79.77% from the end of the previous year[6]. - The top shareholder, Zhangjiagang Guanda Investment Holdings Co., Ltd., holds 20.91% of the shares, totaling 44,800,000 shares[14]. - Xu Weiming, a significant shareholder, owns 12,050,000 shares, representing 5.6% of the total shares[14]. - The company has a total of 8,009 common stock shareholders at the end of the reporting period[13]. - The total number of shares held by the top 10 shareholders accounts for a significant portion of the company's equity, indicating concentrated ownership[14]. - The company has not reported any restrictions on the shares held by the top shareholders, suggesting liquidity in the market[14]. Research and Development - Research and development expenses for Q3 2021 totaled ¥12,590,497.20, a decrease of 42.57% compared to the same period last year[6]. - Research and development expenses for the first three quarters were ¥67,869,885.77, up from ¥47,544,231.67 in the same period of 2020, indicating a growth of approximately 42.7%[23]. Future Outlook - The company expects to increase its production capacity and sales scale, contributing to revenue growth in the future[11]. - The company plans to invest ¥220,000,000.00 in a precision component project aimed at high-end equipment manufacturing, which is expected to enhance market share and competitiveness[15]. - The company is focusing on expanding its market presence in the wind power and rail transportation sectors through the new precision component project[15].