Holystar(SH:688330)2021-10-25 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥313,854,690.84, representing an increase of 11.12% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2021 was ¥118,610,525.37, reflecting a growth of 24.80% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥104,950,983.99, up by 11.49% from the previous year[5]. - Total operating revenue for the first three quarters of 2021 reached ¥787,458,684.98, a 15.3% increase compared to ¥682,756,198.73 in the same period of 2020[19]. - Net profit for the first three quarters of 2021 was ¥328,475,032.87, representing a 28.6% increase from ¥255,289,195.79 in the previous year[20]. - The company’s total profit for the first three quarters was ¥380,443,347.71, an increase from ¥297,359,374.90 in the same period of 2020[20]. Assets and Liabilities - The total assets at the end of the reporting period reached ¥3,603,313,446.74, marking a 6.09% increase from the end of the previous year[6]. - As of September 30, 2021, the total current assets amounted to ¥3,330,239,433.43, an increase from ¥3,187,239,993.60 at the end of 2020, reflecting a growth of approximately 4.5%[15]. - The total assets as of September 30, 2021, were ¥3,603,313,446.74, up from ¥3,396,468,088.97 at the end of 2020, marking an increase of about 6.1%[17]. - The total liabilities decreased to ¥349,687,018.25 from ¥371,316,693.35, showing a reduction of approximately 5.8%[17]. - The owner's equity increased to ¥3,253,626,428.49 from ¥3,025,151,395.62, reflecting a growth of about 7.5%[17]. Cash Flow - The net cash flow from operating activities for the year-to-date period was -¥94,142,649.11, a decrease of 64.81% compared to the previous year[6]. - The company reported a net cash outflow from operating activities of ¥94,142,649.11, an improvement from a net outflow of ¥267,500,833.16 in the same period last year[23]. - The net cash flow from investment activities was ¥286,453,397.54, compared to a net outflow of ¥41,629,907.43 in the same period of 2020[23]. - The net cash flow from financing activities was -155,124,167.67 RMB, compared to a net inflow of 2,148,630,716.46 RMB in the previous period[24]. - The total cash and cash equivalents at the end of the period amounted to 736,490,848.61 RMB, an increase of 37,186,580.76 RMB from the beginning balance[24]. Research and Development - Research and development expenses totaled ¥10,841,985.68 for the quarter, accounting for 3.45% of operating revenue, a decrease of 0.49 percentage points year-on-year[6]. - The company plans to continue increasing investment in R&D, particularly in smart equipment for power distribution networks[10]. - Research and development expenses increased to ¥36,581,905.42, up from ¥28,073,031.15 in the same period last year, indicating a focus on innovation[19]. Other Financial Metrics - The basic earnings per share for Q3 2021 was ¥1.1861, down by 6.40% from the same period last year[6]. - The weighted average return on equity was 3.71%, a decrease of 7.49 percentage points year-on-year[6]. - The company reported a total of ¥821,728.98 in government subsidies recognized in the current period, significantly lower than the previous year's amount[8]. - Basic and diluted earnings per share for the first three quarters were both ¥3.2848, slightly down from ¥3.4039 in the previous year[21]. - The company recorded other income of ¥46,088,909.49, compared to ¥44,524,565.81 in the previous year, reflecting stable additional revenue streams[19]. Inventory and Receivables - The inventory level rose to ¥411,408,664.31, compared to ¥303,986,041.85 at the end of 2020, indicating an increase of approximately 35.4%[15]. - The accounts receivable increased significantly to ¥544,931,277.10 from ¥267,248,245.56, representing a growth of approximately 104.5% year-over-year[15]. - The company reported a significant increase in other current assets, which rose to ¥9,616,734.94 from ¥5,893,294.40, representing a growth of about 63.5%[15]. - The long-term investments in real estate increased to ¥103,124,885.01 from ¥84,641,889.62, showing an increase of approximately 21.8%[16]. Market and Product Development - The company has not disclosed any new product developments or market expansion strategies in the current report[14]. - The company continues to monitor market expansion opportunities and new product development strategies as part of its growth outlook[28].