Seeyon(SH:688369)2021-10-27 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥186,595,635.93, representing a year-over-year increase of 33.93%[3] - The net profit attributable to shareholders for the same period was ¥22,110,304.65, up 24.27% compared to the previous year[3] - The net profit after deducting non-recurring gains and losses was ¥20,185,761.46, reflecting a significant increase of 35.32% year-over-year[3] - The company achieved operating revenue of RMB 552.02 million in Q3 2021, representing a year-on-year growth rate of 41.2%[14] - The net profit attributable to shareholders of the listed company was RMB 66.64 million, with a year-on-year growth rate of 16.47%[14] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 63.93 million, reflecting a year-on-year growth rate of 52.86%[14] - Net profit for the third quarter of 2021 was ¥68,135,646.98, representing a 17.9% increase from ¥57,718,737.33 in the same quarter of 2020[22] Research and Development - Research and development expenses totaled ¥42,249,586.62, which is 22.64% of operating revenue, an increase of 5.40 percentage points from the previous year[4] - Research and development investment increased by RMB 48.19 million, a year-on-year growth rate of 74.12%, accounting for 20.51% of operating revenue[14] - Research and development expenses for the first three quarters of 2021 amounted to ¥113,203,475.85, which is a 74% increase from ¥65,016,461.92 in 2020[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,735,621,498.89, a decrease of 5.77% from the end of the previous year[4] - Total current assets as of September 30, 2021, were RMB 1,493.25 million, down from RMB 1,765.61 million at the end of 2020[16] - The total assets as of September 30, 2021, were RMB 1,735.62 million, compared to RMB 1,841.89 million at the end of 2020[17] - The company's total liabilities decreased to ¥368,185,066.80 in Q3 2021 from ¥517,958,863.67 in Q3 2020, indicating a reduction of approximately 29%[19] - Total liabilities reached approximately 517.96 million, reflecting an increase of 31.65 million compared to the previous period[30] Cash Flow - Cash flow from operating activities showed a net outflow of ¥154,276,966.48, indicating a significant cash drain compared to the previous year[3] - The company's cash flow from operating activities showed improvement, contributing positively to the overall financial health[20] - Operating cash inflow for the first three quarters of 2021 was CNY 611,241,359.30, an increase of 39.5% compared to CNY 437,535,426.62 in the same period of 2020[25] - Net cash flow from operating activities was negative CNY 154,276,966.48, worsening from negative CNY 103,540,524.43 year-over-year[25] - Cash and cash equivalents at the end of the period were CNY 1,240,288,428.06, down from CNY 1,371,217,649.78 at the end of the previous year[26] Equity - The company’s total equity attributable to shareholders increased by 3.40% to ¥1,355,407,177.47 compared to the end of the previous year[4] - The total equity attributable to shareholders increased to ¥1,355,407,177.47 in Q3 2021, up from ¥1,310,895,760.24 in Q3 2020, reflecting a growth of 3.4%[19] - Total equity attributable to shareholders was approximately 1.31 billion, with retained earnings at 229.16 million[31] Strategic Focus - The company is focusing on digital transformation opportunities for government and enterprise clients, enhancing customer value and expanding regional coverage[14] - The V5 collaborative technology platform is enhancing its environmental adaptability and security features, while the new V8 platform is in the testing phase[15] - The company is strengthening its marketing service cloud to empower business partners and improve their sales and implementation capabilities[15] Financial Reporting - The board of directors announced the financial results on October 27, 2021, highlighting the company's commitment to transparency[32]