OKE(SH:688308)2021-10-20 16:00Financial Performance - The company's revenue for Q3 2021 reached ¥263,280,477.48, representing a 40.68% increase compared to the same period last year[2] - Net profit attributable to shareholders was ¥65,921,340.31, a significant increase of 121.69% year-over-year[2] - The net profit after deducting non-recurring gains and losses was ¥56,861,002.21, up 92.87% from the previous year[2] - Basic earnings per share (EPS) was ¥0.66, reflecting a 65.00% increase year-over-year[2] - Total operating revenue for the first three quarters of 2021 reached ¥758,828,754.58, a significant increase of 53.2% compared to ¥495,380,462.31 in the same period of 2020[16] - Net profit for the first three quarters of 2021 was ¥170,094,774.54, compared to ¥77,663,661.05 in the previous year, representing a growth of 118.5%[17] - The total comprehensive income for the third quarter of 2021 was CNY 170,094,774.54, compared to CNY 77,663,661.05 in the same period of 2020, representing an increase of 118.5%[18] - Basic and diluted earnings per share for the third quarter of 2021 were CNY 1.70, up from CNY 1.04 in the same quarter of 2020, reflecting a growth of 63.5%[18] Assets and Liabilities - The company's total assets increased by 14.36% to ¥1,854,606,391.12 compared to the end of the previous year[3] - The total assets of the company as of the end of Q3 2021 were ¥1,854,606,391.12, an increase from ¥1,621,708,390.81 at the end of Q3 2020, marking a growth of 14.4%[14] - Current assets totaled ¥1,207,458,948.04, up from ¥1,133,221,001.63, indicating an increase of 6.5% year-over-year[13] - Non-current assets increased to ¥647,147,443.08 from ¥488,487,389.18, reflecting a growth of 32.5%[13] - Total liabilities rose to ¥408,940,931.85, compared to ¥314,442,430.39, which is an increase of 30.1%[14] - The company's equity attributable to shareholders reached ¥1,445,665,459.27, up from ¥1,307,265,960.42, indicating a growth of 10.6%[14] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥67,561,112.89, showing a slight decrease of 3.14%[2] - Cash inflows from operating activities for the first three quarters of 2021 amounted to CNY 422,188,620.01, compared to CNY 288,286,041.23 in the same period of 2020, indicating a rise of 46.4%[21] - The net cash flow from operating activities for the first three quarters of 2021 was CNY 67,561,112.89, slightly down from CNY 69,750,871.27 in the previous year, a decrease of 3.1%[21] - Cash outflows from investment activities totaled CNY 579,155,636.35 in the first three quarters of 2021, significantly higher than CNY 57,490,374.79 in the same period of 2020, marking an increase of 906.5%[21] - The net cash flow from investment activities was negative CNY 446,129,645.14 for the first three quarters of 2021, compared to negative CNY 45,808,648.71 in the same period of 2020[21] - Cash and cash equivalents at the end of the third quarter of 2021 were CNY 218,999,726.25, a decrease from CNY 134,132,492.13 at the end of the same period in 2020[22] - The company received CNY 130,000,000.00 from investment recoveries in the first three quarters of 2021, a significant increase from CNY 10,000,000.00 in the same period of 2020[21] - The company reported cash inflows from financing activities of CNY 60,000,000.00 in the first three quarters of 2021, compared to CNY 10,000,000.00 in the same period of 2020, reflecting a growth of 500%[22] - The net cash flow from financing activities was negative CNY 48,405,661.68 for the first three quarters of 2021, slightly worse than negative CNY 48,257,923.34 in the same period of 2020[22] Research and Development - Research and development (R&D) expenses totaled ¥11,888,967.23, a 38.93% increase from the same period last year[3] - Research and development expenses for the first three quarters were ¥33,704,959.26, compared to ¥23,824,397.70 in the previous year, showing a year-over-year increase of 41.5%[16] - The R&D expenditure as a percentage of revenue decreased by 4.52 percentage points to 4.44%[3] Shareholder Information - Total number of common shareholders at the end of the reporting period is 3,757[8] - The largest shareholder, Yuan Meihe, holds 18,060,000 shares, representing 18.06% of total shares[8] - The top ten shareholders collectively hold a significant portion of the company's shares, indicating concentrated ownership[9] - The company has no preferred shares with voting rights restored[8] - The company has not reported any financing or margin trading activities among its top shareholders[10] Operational Insights - The company reported a significant increase in cash flow from operating activities, contributing to improved liquidity and financial stability[15] - There are no significant changes in the company's operational strategies or new product developments mentioned in the reports[11] - Total operating costs amounted to ¥578,530,476.27, up from ¥401,930,796.75, reflecting a year-over-year increase of 43.9%[16]