Yanmade(SH:688312)2021-10-25 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥110,045,402.30, representing a year-on-year increase of 36.12%[5] - The net profit attributable to shareholders for Q3 2021 was ¥34,414,543.49, reflecting a year-on-year growth of 62.70%[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was ¥30,041,678.82, up 76.88% year-on-year[5] - The net profit for the year-to-date period reached ¥79,999,479.81, marking a 48.78% increase compared to the same period last year[5] - Net profit for the third quarter of 2021 was ¥78,929,011.05, representing a 47.1% increase from ¥53,635,956.55 in the same quarter of 2020[24] - Basic earnings per share for the third quarter of 2021 were ¥0.56, compared to ¥0.44 in the same quarter of 2020[25] - Total operating revenue for the first three quarters of 2021 reached ¥271,621,340.43, a significant increase of 51.1% compared to ¥179,812,071.72 in the same period of 2020[23] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,327,512,234.36, an increase of 3.76% compared to the end of the previous year[6] - The total current assets reached ¥1,276,561,196.78, compared to ¥1,249,939,061.02 in the previous year[18] - The total assets amounted to ¥1,327,512,234.36, up from ¥1,279,370,930.48[18] - Total liabilities as of the end of the third quarter of 2021 were ¥64,812,741.60, a decrease from ¥66,887,115.28 at the end of the previous year[20] - Total equity attributable to shareholders reached ¥1,257,245,862.44, up from ¥1,207,279,716.12 in the previous year[20] - Total liabilities rose to 66,887,115.28 RMB, compared to 83,450,483.67 RMB, indicating an increase of 16,563,368.39 RMB[32] Cash Flow - The cash flow from operating activities for the year-to-date period was ¥94,097,389.52, showing a significant increase of 648.91%[6] - Net cash flow from operating activities was 94,097,389.52 RMB, a significant improvement compared to -17,142,642.92 RMB in the previous year[27] - Cash inflow from operating activities totaled 384,966,708.36 RMB, compared to 237,552,059.84 RMB in the previous year, indicating a 62.2% increase[27] - Cash outflow from operating activities was 290,869,318.84 RMB, an increase from 254,694,702.76 RMB, reflecting a 14.2% rise[27] - Net cash flow from investing activities was 240,368,070.39 RMB, recovering from -520,176,421.06 RMB in the same period last year[28] - Total cash and cash equivalents at the end of the period reached 507,257,485.08 RMB, up from 283,987,111.71 RMB year-over-year[28] Research and Development - The company's R&D investment for Q3 2021 was ¥29,952,444.03, which accounted for 27.22% of operating revenue, an increase of 11.20 percentage points year-on-year[6] - Research and development expenses for the first three quarters of 2021 were ¥65,083,455.85, an increase of 98.3% compared to ¥32,809,711.18 in the same period of 2020[23] - The company has emphasized its commitment to technology innovation, leading to increased R&D expenditures and personnel[12] Strategic Initiatives - The company expects continued revenue growth driven by enhanced market expansion and product development strategies[11] - The company has ongoing investments in new product development and market expansion strategies[16] - The company is focusing on enhancing its financial asset management to improve liquidity and operational efficiency[18] - The company plans to explore potential mergers and acquisitions to strengthen its market position[16] Shareholder Information - The total number of ordinary shares at the end of the reporting period was 9,038,000[14] - The company reported a total of 66,528,000 shares held by the largest shareholder, accounting for 46.37% of total shares[14] Accounting Standards - The company implemented the new leasing standards starting January 1, 2021, affecting the financial statements[34] - The company did not adjust comparative period information following the new leasing standards[34] - The financial adjustments were made in accordance with the Ministry of Finance's notification issued on December 7, 2018[33] - The company’s total liabilities and equity reflect the impact of the new accounting standards[34]