ROPEOK(SH:688619)2021-10-28 16:00Revenue and Profit - Revenue for Q3 2021 was CNY 223,421,321.38, an increase of 10.32% year-over-year, while year-to-date revenue reached CNY 348,491,977.36, up 9.55% compared to the same period last year[5] - Net profit attributable to shareholders for Q3 2021 was CNY 30,576,418.98, a decrease of 23.81% year-over-year, and year-to-date net profit was CNY 39,604,090.63, down 6.07% compared to the previous year[5] - The net profit excluding non-recurring gains and losses for Q3 2021 was CNY 21,753,311.92, down 32.50% year-over-year, while year-to-date it was CNY 17,664,821.31, a decrease of 41.67%[5] - Basic and diluted earnings per share for Q3 2021 were both CNY 0.16, representing a decline of 44.83% compared to the same period last year[6] - The net profit for the first three quarters of 2021 was CNY 41,166,119.71, compared to CNY 40,825,744.56 in the same period of 2020, representing a slight increase[24] - The total profit for the first three quarters of 2021 was CNY 42,194,415.14, down from CNY 44,112,389.46 in 2020, indicating a decrease of approximately 4.4%[24] - Operating profit for the first three quarters of 2021 was CNY 43,267,186.31, slightly lower than CNY 44,520,608.82 in 2020, reflecting a decrease of about 2.8%[24] Assets and Liabilities - Total assets at the end of Q3 2021 were CNY 1,981,607,289.95, an increase of 56.51% compared to the end of the previous year[6] - Total liabilities decreased to ¥502,415,511.48 from ¥628,766,478.16, a reduction of 20.1%[19] - The company's equity increased to ¥1,479,191,778.47 as of September 30, 2021, compared to ¥637,358,127.62 at the end of 2020, reflecting a growth of 132.4%[19] Cash Flow - The cash flow from operating activities for the year-to-date was negative CNY 163,014,526.55, reflecting seasonal business characteristics and delayed cash inflows[6][9] - Cash flow from operating activities for the first three quarters of 2021 was negative at CNY -163,014,526.55, compared to CNY -63,332,707.36 in the same period of 2020, indicating a worsening cash flow situation[28] - Cash flow from investing activities showed a net outflow of CNY -154,378,329.88 in the first three quarters of 2021, compared to CNY -12,648,569.08 in 2020, highlighting increased investment expenditures[29] - Cash flow from financing activities generated a net inflow of CNY 709,926,304.15 in the first three quarters of 2021, significantly higher than CNY 45,967,613.83 in 2020, indicating strong financing activities[29] - The total cash and cash equivalents at the end of the first three quarters of 2021 amounted to CNY 564,047,237.72, up from CNY 78,896,081.49 at the end of the same period in 2020[29] Shareholder Information - The total number of common shareholders at the end of the reporting period is 187,288,015[11] - Chen Yanxing holds 70,801,353 shares, accounting for 37.80% of total shares[11] - The company plans to grant 2.8246 million restricted stocks to 270 employees, representing 1.51% of the total share capital[14] - The initial grant of restricted stocks was adjusted from 2.2597 million shares to 2.2471 million shares due to two employees losing eligibility[15] - The grant price for the restricted stocks is set at 6.48 RMB per share[15] - The top ten shareholders include Xiamen Hengyu Xingye Investment Partnership with 9,523,012 shares, accounting for 5.08%[12] - The total number of shares held by the top ten unrestricted shareholders is 1,998,852[12] - The company’s stock incentive plan was approved in the board meeting held on October 25, 2021[14] - The total number of shares in circulation held by the top ten shareholders is significant, indicating concentrated ownership[12] Research and Development - R&D expenses for Q3 2021 totaled CNY 8,037,652.24, a decrease of 2.84% year-over-year, representing 3.60% of revenue, down 0.48 percentage points[6] - Research and development expenses for the first three quarters of 2021 were ¥24,798,248.14, compared to ¥22,757,193.70 in 2020, an increase of 8.9%[23] Market and Economic Impact - The company attributed the decline in profits to the impact of the pandemic, which resulted in only a slight increase in revenue and lower gross margins on major projects completed in Q3[8] - The company's cash and cash equivalents increased significantly to ¥571,000,056.59 as of September 30, 2021, compared to ¥180,424,126.88 at the end of 2020, marking a growth of 216.5%[17] - Accounts receivable decreased to ¥393,279,017.93 from ¥544,635,725.24, indicating a reduction of 27.8%[17] - Non-current assets totaled ¥337,292,073.10 as of September 30, 2021, compared to ¥263,528,981.08 at the end of 2020, representing a growth of 28%[18] - The company's financial expenses showed a significant improvement, with a net financial income of -¥5,650,947.13 in 2021 compared to ¥1,223,381.60 in 2020[23] - The company reported a net investment income of ¥5,970,565.87 for the first three quarters of 2021, recovering from a loss of ¥2,489,766.80 in the same period of 2020[23] - The company experienced a decrease in sales revenue from goods and services, with cash received amounting to CNY 199,096,725.34 in the first three quarters of 2021, down from CNY 268,974,341.62 in 2020, representing a decline of approximately 26%[28]