Cubic(SH:688665)2021-10-19 16:00Financial Performance - The company's revenue for Q3 2021 reached ¥144,817,155.55, representing a year-over-year increase of 96.43%[5] - Net profit attributable to shareholders for Q3 2021 was ¥48,890,613.78, up 110.21% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was ¥48,436,507.07, reflecting a 124.25% increase year-over-year[5] - Total operating revenue for the first three quarters of 2021 reached ¥378,550,418.07, a significant increase from ¥179,324,562.52 in the same period of 2020, representing a growth of approximately 110.9%[20] - Net profit for the first three quarters of 2021 was ¥124,000,530.38, up from ¥46,273,266.65 in 2020, reflecting a growth of approximately 168.5%[22] - Basic earnings per share for the third quarter of 2021 was ¥1.86, compared to ¥0.89 in the same quarter of 2020, showing an increase of 109.0%[23] Assets and Equity - The total assets at the end of Q3 2021 amounted to ¥974,191,481.67, a significant increase of 176.30% compared to the end of the previous year[6] - The total equity attributable to shareholders at the end of Q3 2021 was ¥771,820,293.87, which is an increase of 248.17% compared to the end of the previous year[6] - The company's total equity reached ¥774,970,732.49 by the end of the third quarter of 2021, up from ¥223,673,204.22 in 2020, indicating a growth of about 174.5%[18] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥69,560,553.97, reflecting a year-over-year increase of 78.33%[5] - The cash inflow from operating activities for the first three quarters of 2021 was approximately $376.76 million, a significant increase of 105.5% compared to $183.82 million in the same period of 2020[25] - The net cash flow from operating activities in Q3 2021 was $69.56 million, up 78.5% from $39.01 million in Q3 2020[26] - The total cash and cash equivalents at the end of Q3 2021 reached $466.09 million, compared to $47.45 million at the end of Q3 2020, reflecting a strong liquidity position[27] Investments and Expenses - The company's R&D investment for Q3 2021 totaled ¥10,343,631.74, which is 61.87% higher than the same period last year[6] - Research and development expenses for the first three quarters of 2021 were ¥26,585,543.08, compared to ¥13,915,500.61 in 2020, reflecting an increase of approximately 91.3%[21] - The total cash outflow from investing activities in the first three quarters of 2021 was approximately $117.16 million, compared to $9.76 million in the same period of 2020, indicating a substantial increase in investment[26] Shareholder Information - Total number of common shareholders at the end of the reporting period is 2,966[12] - The largest shareholder, Wuhan Youhui Technology Co., Ltd., holds 31,500,000 shares, accounting for 45.00% of total shares[12] Liabilities - Total liabilities for the third quarter of 2021 were ¥199,220,749.18, compared to ¥128,917,501.04 in 2020, representing an increase of approximately 54.7%[18] Market and Product Development - The company attributed the revenue growth to increased sales of air quality sensors, vehicle-mounted sensors, and medical gas sensors, as well as active development of new products and expansion into foreign trade[9] - The company has plans for market expansion and new product development, although specific details were not disclosed in the report[19] Miscellaneous - The company has not disclosed any significant mergers or acquisitions during the reporting period[14] - The company has not reported any financing or securities lending activities involving its top shareholders[14] - The actual controller of the company is Xiong Youhui, with significant influence from related entities[14]