BPSemi(SH:688368)2021-10-21 16:00Financial Performance - The company achieved a revenue of 759,086,067.08 RMB in Q3 2021, representing a year-on-year increase of 135.47%[5] - Net profit attributable to shareholders reached 237,776,750.39 RMB, a significant increase of 1,062.70% compared to the same period last year[5] - The net profit excluding non-recurring gains and losses was 233,021,581.93 RMB, reflecting a remarkable growth of 2,497.03% year-on-year[5] - For the first nine months of 2021, total revenue was 1,824,620,779.37 RMB, up 158.16% from the previous year[7] - The company sold 58.54 billion units of products, a 52.06% increase from 38.50 billion units in the same period last year[8] - Revenue for the year-to-date period increased by 158.16% due to strong downstream market demand and increased product sales[11] - Net profit attributable to shareholders for the year-to-date period reached 1,818.71 million, driven by market demand and product structure optimization[12] - The net profit for the first three quarters of 2021 was ¥648,745,471.03, a substantial rise from ¥29,906,858.12 in the previous year, reflecting an increase of approximately 2061.5%[30] - The net profit for Q3 2021 was approximately ¥600.94 million, a significant increase from ¥30.61 million in Q3 2020, representing a growth of over 1,867%[31] - The net profit attributable to shareholders of the parent company was approximately ¥573.45 million, compared to ¥29.89 million in the same period last year, marking an increase of approximately 1,820%[32] Research and Development - Research and development expenses amounted to 85,088,025.60 RMB, accounting for 11.21% of total revenue[6] - Research and development expenses for the year-to-date period amounted to 246.20 million, influenced by team expansion and increased testing costs[12] - Research and development expenses for the first three quarters of 2021 totaled ¥203,099,805.75, compared to ¥62,780,858.65 in 2020, marking an increase of about 223.5%[30] Assets and Liabilities - Total assets increased by 79.01% to 2,913,510,386.23 RMB compared to the end of the previous year[6] - Total assets as of September 30, 2021, reached ¥2,913,510,386.23, compared to ¥1,627,590,561.92 at the end of 2020, indicating an increase of about 79.0%[27] - Total liabilities as of September 30, 2021, were ¥970,878,606.99, a significant rise from ¥351,067,891.75 at the end of 2020, reflecting an increase of approximately 176.5%[27] - The company's equity attributable to shareholders as of September 30, 2021, was ¥1,892,420,317.95, compared to ¥1,258,967,839.77 at the end of 2020, showing an increase of about 50.2%[27] Cash Flow - The company’s cash flow from operating activities improved due to increased revenue and cash receipts[12] - Cash flow from operating activities for the first nine months of 2021 was approximately ¥1.91 billion, compared to ¥477.13 million in the same period of 2020, reflecting a growth of approximately 300%[33] - The net cash flow from operating activities in Q3 2021 was approximately ¥509.23 million, a turnaround from a net outflow of ¥46.01 million in Q3 2020[34] Shareholder Information - The top ten shareholders collectively hold a significant portion of shares, with the largest shareholder owning 26.70%[15] - The company plans to grant 113,800 restricted stocks at a price of RMB 79.00 per share, accounting for 0.18% of the total share capital of 62,030,080 shares[18] - The second phase of the restricted stock incentive plan involves granting 441,500 restricted stocks, which is 0.71% of the total share capital[20] - The first grant under the incentive plan will be 353,200 restricted stocks at a price of RMB 168.00 per share, representing 0.57% of the total share capital[21] Acquisition Plans - The company intends to acquire 95.75% of Nanjing Lingou Chuangxin Electronics Co., Ltd. through a combination of issuing shares and cash payments[23] - The company has signed a framework agreement with 14 original shareholders of Lingou Chuangxin for the acquisition[23] Audit and Reporting - The company has not disclosed any audit opinion type for the quarterly financial report[24]