Huate Gas(SH:688268)2021-10-27 16:00Revenue and Profitability - Revenue for Q3 2021 reached ¥347,495,336.52, an increase of 32.94% compared to the same period last year[7] - Net profit attributable to shareholders was ¥37,155,670.34, reflecting an 18.94% year-over-year increase[7] - Year-to-date revenue totaled ¥994,912,958.07, up 45.57% from the previous year[7] - Basic earnings per share for Q3 2021 were ¥0.31, compared to ¥0.05 in the same period last year[10] - Operating profit for Q3 2021 was ¥119,353,719.82, up 34.5% from ¥88,696,329.26 in Q3 2020[39] - Net profit attributable to shareholders of the parent company for Q3 2021 was ¥103,023,298.39, compared to ¥74,069,748.15 in Q3 2020, representing an increase of 39.2%[39] - The net profit excluding non-recurring gains and losses for the year-to-date period was ¥91,508,801.55, up 33.00% year-over-year[7] Assets and Liabilities - Total assets at the end of Q3 2021 were ¥1,610,087,776.51, an increase of 8.57% from the end of the previous year[10] - As of September 30, 2021, the total assets of the company amounted to RMB 1,610,087,776.51, an increase from RMB 1,483,036,234.21 at the end of 2020, representing a growth of approximately 8.6%[28] - The company's current assets decreased to RMB 958,641,647.77 from RMB 1,075,946,608.65, reflecting a decline of about 10.9%[32] - The company's total liabilities rose to RMB 262,637,895.25 from RMB 209,531,115.08, marking an increase of around 25.4%[35] - The total liabilities reached 209,531,115.08 RMB, compared to 227,641,403.85 RMB previously, indicating a reduction[51] Cash Flow - The company reported a negative cash flow from operating activities of ¥17,504,699.49 for the year-to-date period, a decline of 126.83%[10] - Cash flow from operating activities for the first three quarters of 2021 was negative at -¥17,504,699.49, compared to a positive cash flow of ¥65,236,801.78 in the same period of 2020[44] - The company generated cash inflows from operating activities totaling ¥911,229,669.85 in the first three quarters of 2021, compared to ¥633,884,519.35 in the same period of 2020[44] - The net cash flow from investing activities was -288,636,457.10 RMB, a decrease from -370,203,319.63 RMB in the previous period[46] - The company reported a net increase in cash and cash equivalents of -329,922,962.53 RMB, compared to -358,832,562.07 RMB previously[46] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 6,039[16] - The company has a significant shareholder structure, with the largest shareholder holding 36.72% of the shares, indicating a concentrated ownership[23] - Total equity attributable to shareholders of the parent company reached RMB 1,343,564,843.77, up from RMB 1,273,118,521.59, indicating an increase of approximately 5.5%[35] Research and Development - Research and development expenses amounted to ¥11,137,686.93, representing 3.21% of revenue, a decrease of 0.02 percentage points year-over-year[10] - Research and development expenses for the first three quarters of 2021 amounted to ¥29,547,977.16, an increase of 32.4% from ¥22,331,624.67 in the same period of 2020[38] Inventory and Receivables - The inventory increased to RMB 198,011,038.37, up from RMB 147,316,681.28, indicating a growth of approximately 34.4%[32] - The company reported a significant increase in accounts receivable, which rose to RMB 269,426,189.15 from RMB 196,732,411.17, reflecting a growth of about 36.8%[28] Financial Health - The company has a total equity of approximately $1.27 billion, which is crucial for assessing financial health[54] - Total liabilities and equity stood at approximately $1.48 billion, showing the company's overall financial structure[54] - The financial data reflects a solid foundation for future expansion and strategic initiatives[54]