SHAREATE(SH:688257)2021-10-28 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥227,396,899.29, representing a year-on-year increase of 25.91%[5] - The net profit attributable to shareholders for Q3 2021 was ¥35,001,226.31, reflecting a year-on-year growth of 32.85%[5] - The basic earnings per share for Q3 2021 was ¥0.5029, an increase of 32.85% compared to the same period last year[6] - The company's net profit for the year-to-date period reached ¥101,565,701.75, up 25.27% year-on-year[5] - Total operating revenue for the first three quarters of 2021 reached ¥667,292,810.09, a 26.4% increase from ¥527,968,002.38 in the same period of 2020[18] - Net profit for the first three quarters of 2021 was ¥111,997,962.88, representing a 26.0% increase compared to ¥88,874,678.44 in the previous year[19] - The company reported a total profit of ¥138,453,811.08 for the first three quarters, an increase of 26.1% from ¥109,736,977.50 in the previous year[19] Assets and Liabilities - The total assets at the end of Q3 2021 amounted to ¥1,213,394,349.86, showing a growth of 22.95% from the end of the previous year[6] - Total assets reached ¥1,213,394,349.86, compared to ¥986,893,812.38 at the end of 2020, marking a growth of approximately 23%[16] - Total current assets amounted to ¥812,697,859.96, an increase from ¥687,943,783.26 at the end of 2020, reflecting a growth of approximately 18.1%[15] - Total liabilities increased to ¥812,697,859.96, up from ¥687,943,783.26, indicating a growth of approximately 18.1%[16] - Total liabilities increased to ¥569,118,827.48, up from ¥433,872,162.13, indicating a growth of 31.1%[17] - Total equity attributable to shareholders at the end of Q3 2021 was ¥603,102,170.32, an increase of 17.18% from the end of the previous year[6] - Total equity rose to ¥644,275,522.38, compared to ¥553,021,650.25, marking an increase of 16.5%[17] Cash Flow - The cash flow from operating activities for the year-to-date period was -¥408,962.30, indicating a decline of 100.45%[6] - Operating cash inflow for the first three quarters of 2021 was CNY 535,780,306.17, an increase of 19.4% compared to CNY 448,492,293.16 in the same period of 2020[22] - Net cash flow from operating activities turned negative at CNY -408,962.30, a significant decline from CNY 91,866,008.96 in the previous year[22] - Cash inflow from investment activities decreased to CNY 8,796,413.67, down 82.3% from CNY 49,565,184.80 in 2020[22] - Cash outflow for investment activities was CNY 83,213,939.18, a decrease of 21.7% compared to CNY 106,376,172.87 in the same period last year[24] - Net cash flow from financing activities improved to CNY 61,614,055.65, compared to a negative CNY -72,290,006.10 in 2020[24] Research and Development - Research and development expenses totaled ¥9,777,494.53 in Q3 2021, accounting for 4.30% of operating revenue[6] - Research and development expenses for the first three quarters were ¥29,887,226.77, up from ¥27,591,052.64, indicating a growth of 8.3%[18] Inventory and Receivables - Accounts receivable increased by ¥59,827,100, representing a growth of 27.78% compared to the beginning of the year[10] - Accounts receivable increased to ¥275,219,997.24 from ¥215,392,910.57, showing a growth of approximately 27.8%[15] - Inventory rose to ¥243,423,670.19, up from ¥191,793,065.68, indicating an increase of around 27%[15] Other Financial Metrics - The weighted average return on equity for Q3 2021 was 6.62%, an increase of 0.26 percentage points year-on-year[6] - The company reported a significant increase in accounts payable, which rose to ¥114,440,304.28 from ¥97,333,420.21, representing a growth of about 17.6%[16] - The company’s goodwill decreased to ¥49,511,976.83 from ¥53,327,377.80, reflecting a decline of approximately 7.5%[16] Future Outlook - The company plans to continue expanding its market presence and investing in new product development to sustain growth in the upcoming quarters[20] - The company has not reported any new product developments or market expansion strategies during this period[14]