KBC(SH:688598)2021-10-25 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥375,905,061.01, representing a year-on-year increase of 264.27%[8] - The net profit attributable to shareholders for Q3 2021 was ¥130,427,602.20, reflecting a year-on-year increase of 220.01%[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was ¥118,902,596.89, an increase of 246.67% year-on-year[8] - The basic earnings per share for Q3 2021 was ¥1.63, up 175.52% compared to the same period last year[11] - Total revenue for the first three quarters of 2021 reached ¥888,002,554.59, a significant increase from ¥288,355,225.66 in the same period of 2020, representing a growth of approximately 208.5%[37] - Net profit for the third quarter of 2021 was ¥334,422,871.87, up from ¥114,273,999.06 in the same quarter of 2020, reflecting a growth of approximately 192.5%[43] - The total comprehensive income attributable to the parent company reached ¥334,422,871.87, compared to ¥114,273,999.06 in the previous year, reflecting a significant increase[46] - Basic earnings per share (EPS) increased to ¥4.18 from ¥1.66 year-over-year, indicating strong profitability growth[46] Assets and Liabilities - The total assets at the end of Q3 2021 reached ¥2,448,345,662.12, a 64.89% increase from the end of the previous year[11] - The company's total equity attributable to shareholders at the end of Q3 2021 was ¥1,684,985,578.54, a 30.35% increase from the end of the previous year[11] - Total liabilities amounted to ¥763,360,083.58, compared to ¥192,183,062.84 in the previous year, indicating a significant rise[37] - Non-current assets totaled ¥824,121,945.85, a substantial increase from ¥390,041,769.89 year-on-year[35] Cash Flow and Investments - The net cash flow from operating activities for the year-to-date was -¥65,716,102.83, a decrease of 247.78% year-on-year[11] - Cash inflow from investment activities totaled ¥753,386,174.15, while cash outflow was ¥1,131,734,794.86, resulting in a net cash flow of -¥378,348,620.71 from investments[49] - The company reported a net increase in cash and cash equivalents of ¥119,175,793.06, compared to ¥36,361,893.42 in the previous year[51] - Total cash and cash equivalents at the end of the period amounted to ¥266,499,545.65, up from ¥46,348,787.45 year-over-year[51] - The company received ¥741,500,000.00 in cash from investment recoveries, an increase from ¥669,700,000.00 in the previous year[49] - Cash received from other financing activities was ¥595,661,000.00, contributing to a total cash inflow from financing activities of ¥603,611,000.00[49] Shareholder Information - As of September 30, 2021, the total number of ordinary shareholders was 8,418, with the largest shareholder, Liao Jiqiao, holding 10,628,950 shares, representing 13.25% of the total[23] - The top ten shareholders collectively hold 18.82% of the company's shares, with Liao Jiqiao and Yiyang Rongsheng Management Consulting Center (Limited Partnership) identified as acting in concert[28] - The company reported no significant pledges or freezes on shares among the top shareholders[25] - The total number of preferred shareholders with restored voting rights was not specified, indicating a focus on ordinary shareholders[23] Research and Development - Research and development expenses for Q3 2021 amounted to ¥19,571,757.87, a 119.10% increase year-on-year[11] - Research and development expenses for the third quarter of 2021 were ¥47,512,406.91, compared to ¥25,235,516.76 in the same quarter of 2020, showing an increase of approximately 88.0%[40] Operational Metrics - The weighted average return on equity for Q3 2021 was 8.15%, an increase of 4.83 percentage points compared to the same period last year[11] - The company's cash and cash equivalents increased to ¥266,499,545.65 from ¥147,323,752.59 in the previous year, reflecting a growth of approximately 80.9%[31] - Accounts receivable rose significantly to ¥375,764,437.44 from ¥97,527,464.46, marking an increase of about 285.5% year-over-year[31] - Inventory levels surged to ¥241,296,812.50, compared to ¥47,308,792.49 in the previous year, indicating a growth of approximately 410.5%[31] - The total current assets amounted to ¥1,624,223,716.27, up from ¥1,094,812,289.63, representing an increase of around 48.4%[31] - The company's fixed assets increased to ¥466,368,920.39 from ¥246,049,265.26, showing a growth of approximately 89.5%[31] Dividend and Returns - The company paid ¥39,568,552.50 in dividends and interest, compared to ¥19,554,057.50 in the previous year, indicating increased returns to shareholders[49]