Jalon(SH:688357)2021-10-18 16:00Financial Performance - The company's revenue for Q3 2021 reached ¥296,130,931.33, representing a year-on-year increase of 115.35%[5] - Net profit attributable to shareholders for the same period was ¥98,776,619.60, up 129.72% compared to the previous year[5] - The basic earnings per share for Q3 2021 was ¥1.71, reflecting an increase of 131.08% year-on-year[6] - Total operating revenue for the first three quarters of 2021 reached ¥606,591,150.96, a significant increase from ¥319,540,960.44 in the same period of 2020, representing an increase of approximately 89.9%[19] - Net profit for the first three quarters of 2021 was ¥200,619,524.75, up from ¥93,779,491.23 in 2020, indicating a growth of approximately 113.4%[21] - The total comprehensive income for the third quarter of 2021 was CNY 190,621,471.44, compared to CNY 93,779,491.23 in the same period of 2020, representing an increase of 103.5%[22] - Basic and diluted earnings per share for Q3 2021 were CNY 3.47, up from CNY 1.62 in Q3 2020, reflecting a growth of 114.2%[22] Assets and Liabilities - Total assets as of the end of the reporting period amounted to ¥1,576,907,500.35, a growth of 33.37% from the previous year[6] - The total assets as of the end of the third quarter of 2021 amounted to ¥1,576,907,500.35, compared to ¥1,182,374,890.54 at the end of the previous year, marking an increase of about 33.4%[17] - Total liabilities as of the end of the third quarter of 2021 were ¥437,534,048.14, up from ¥207,768,377.74 in the previous year, which is an increase of approximately 110.9%[17] - The company's fixed assets were valued at ¥514,884,937.70, compared to ¥351,455,661.48 in the previous year, reflecting an increase of about 46.5%[17] - Total liabilities amounted to 207,768,377.74, with current liabilities at 192,200,265.44[28] - Non-current liabilities totaled 15,568,112.30, including deferred income of 11,669,186.06 and deferred tax liabilities of 3,898,926.24[28] Cash Flow - The net cash flow from operating activities was ¥336,714,681.17, an increase of 265.54% compared to the same period last year[6] - Cash inflow from operating activities for the first three quarters of 2021 was CNY 554,609,430.46, significantly higher than CNY 239,304,252.47 in the same period of 2020, marking an increase of 131.7%[24] - The net cash flow from operating activities for the first three quarters of 2021 was CNY 336,714,681.17, compared to CNY 92,113,454.12 in 2020, indicating a growth of 264.5%[24] - The net cash flow from investment activities for the first three quarters of 2021 was -CNY 185,925,680.02, a decrease from CNY 113,788,066.39 in 2020[24] - The net cash flow from financing activities for the first three quarters of 2021 was -CNY 70,730,847.22, compared to -CNY 91,925,769.50 in 2020, showing an improvement of 23.0%[25] Research and Development - Research and development expenses totaled ¥11,267,299.30, which is 3.80% of revenue, marking an increase of 0.41 percentage points year-on-year[6] - Research and development expenses for the first three quarters of 2021 totaled ¥28,002,405.20, compared to ¥11,464,272.78 in 2020, indicating an increase of approximately 144.4%[19] Equity - The total equity attributable to shareholders was ¥1,139,373,452.21, reflecting a year-on-year increase of 16.91%[6] - The total equity attributable to shareholders of the parent company was ¥1,139,373,452.21, up from ¥974,606,512.80 in the previous year, indicating an increase of approximately 16.9%[17] Operational Insights - The company attributed revenue growth to the gradual release of new production capacity and optimization of product structure[9] - The company completed the construction and commissioning of new production lines in the first half of 2021, contributing to increased capacity and revenue[9] - The company reported a significant increase in sales revenue, with cash received from sales of goods and services amounting to CNY 516,069,512.01 for the first three quarters of 2021, compared to CNY 225,407,141.34 in 2020, an increase of 129.0%[23] Future Outlook - The company has not disclosed any significant new product developments or market expansion strategies during the reporting period[14] - There were no significant mergers or acquisitions reported in the third quarter of 2021[14] - The company did not provide specific future guidance or outlook for the upcoming quarters[14] - The company has implemented new leasing standards starting from 2021, which may impact financial reporting and asset management strategies moving forward[26]