HANGZHOU TOKA(SH:688571)2021-10-26 16:00Financial Performance - The company's revenue for Q3 2021 was ¥300,333,453.55, representing a year-over-year increase of 9.82%[6] - Net profit attributable to shareholders decreased by 9.34% to ¥29,549,569.77 in Q3 2021[6] - The basic earnings per share for the period was ¥0.09, down 35.71% compared to the previous year[7] - Total operating revenue for the first three quarters of 2021 reached ¥834,868,956.92, a 21.1% increase from ¥689,582,183.96 in the same period of 2020[21] - Net profit for the first three quarters of 2021 was ¥82,121,529.78, representing a 17.5% increase compared to ¥70,072,140.51 in 2020[22] - The total profit for the first three quarters of 2021 was ¥93,153,290.17, an increase from ¥79,010,266.40 in 2020, marking a growth of 17.9%[22] Expenses and Costs - Research and development expenses totaled ¥10,162,891.45, accounting for 3.38% of revenue, a decrease of 0.36 percentage points year-over-year[7] - Total operating costs for the first three quarters of 2021 were ¥756,249,726.77, up 22.1% from ¥619,216,399.22 in the previous year[21] - Research and development expenses for the first three quarters of 2021 amounted to ¥29,582,223.59, slightly up from ¥28,379,349.64 in the same period of 2020[21] - Sales expenses increased to ¥52,814,656.56 in the first three quarters of 2021, compared to ¥45,774,793.68 in 2020, reflecting a growth of 15.4%[21] Assets and Liabilities - Total assets increased by 1.74% to ¥1,688,243,415.43 compared to the end of the previous year[7] - The company's total current assets reached RMB 1,380,964,012.72, compared to RMB 1,323,953,271.55 at the end of 2020, indicating an increase of about 4.3%[15] - The company's total liabilities decreased to RMB 337,564,310.75 from RMB 347,052,126.41, showing a reduction of about 2.8%[17] - The total equity attributable to shareholders increased by 3.11% to ¥1,350,679,104.68 compared to the end of the previous year[7] - The company's accounts receivable stood at RMB 278,249,096.05, slightly up from RMB 275,740,563.42, indicating a growth of about 0.5%[15] - The inventory value was reported at RMB 162,181,309.14, a marginal increase from RMB 160,026,984.92, reflecting a growth of approximately 1.3%[15] Cash Flow - Cash flow from operating activities for the year-to-date was ¥82,604,448.52, reflecting a decrease of 11.89%[7] - Cash flow from operating activities for the first three quarters of 2021 was ¥82,604,448.52, a decrease from ¥93,748,519.87 in the previous year[26] - The net cash flow from investing activities was -171,545,501.93, compared to -25,958,729.00 in the previous period, indicating a significant increase in cash outflow for investments[27] - The total cash outflow from financing activities was 40,844,186.08, slightly lower than 42,210,000.00 in the previous period, reflecting a stable financing strategy[27] - The net increase in cash and cash equivalents was -129,799,270.01, contrasting with a positive increase of 25,964,998.97 in the previous period, highlighting a cash flow challenge[27] - The ending balance of cash and cash equivalents was 314,924,316.31, down from 367,436,941.57 in the previous period, indicating a decrease in liquidity[27] - The company reported a total investment cash outflow of 943,384,061.28, significantly higher than 32,439,150.89 in the previous period, suggesting aggressive investment activities[27] Other Information - The company reported non-recurring gains of ¥3,367,938.26 for the period[9] - The weighted average return on equity decreased by 1.47 percentage points to 2.21%[7] - The company has not disclosed any significant new product developments or market expansion strategies in the current report[14] - The company did not apply the new leasing standards starting from 2021, indicating a potential area for future financial reporting adjustments[27]