HIUV(SH:688680)2021-10-27 16:00Financial Performance - Q3 2021 revenue reached ¥792,388,860.62, an increase of 124.35% year-over-year[3] - Net profit attributable to shareholders was ¥41,340,318.00, a decrease of 30.78% compared to the same period last year[3] - Basic earnings per share decreased by 48.42% to ¥0.49 due to lower net profit and increased share capital from new stock issuance[4] - The company experienced a 120.76% increase in revenue year-to-date, driven by increased production capacity and sales volume[8] - Total operating revenue for the first three quarters of 2021 reached ¥2,001,992,501.75, a significant increase from ¥906,857,007.08 in the same period of 2020, representing a growth of approximately 120.8%[17] - Net profit for the first three quarters of 2021 was ¥120,714,063.65, slightly up from ¥116,131,270.36 in the previous year, reflecting a growth of approximately 4.9%[18] - Total comprehensive income for the period reached ¥120,714,063.65, an increase from ¥116,131,270.36 in the previous period[19] Research and Development - R&D investment for the quarter was ¥28,651,988.02, up 104.58% year-over-year, reflecting increased project investments[4] - Research and development expenses for the first three quarters of 2021 amounted to ¥86,106,251.16, which is a significant increase from ¥36,557,402.99 in 2020, showing a growth of about 135.0%[17] Assets and Liabilities - Total assets as of the end of the reporting period were ¥3,069,352,405.22, a 100.92% increase from the previous year-end[4] - The total assets of the company as of the end of the third quarter of 2021 were ¥3,069,352,405.22, compared to ¥1,527,644,240.48 at the end of the same period in 2020, representing an increase of approximately 100.8%[15] - Total liabilities increased to ¥887,853,864.93 in the third quarter of 2021 from ¥774,911,182.15 in 2020, marking a growth of about 14.6%[15] - The company reported a decrease in financial expenses to ¥6,864,542.80 in 2021 from ¥9,165,648.69 in 2020, a reduction of approximately 25.1%[17] Cash Flow - Cash flow from operating activities showed a significant increase, with net cash flow of ¥1,206,711,890.13[4] - Cash inflow from operating activities totaled ¥1,014,960,485.93, compared to ¥638,419,957.82 in the previous year, representing a 58.8% increase[21] - Cash outflow from operating activities was ¥2,221,672,376.06, significantly higher than ¥721,012,023.58 in the previous year, leading to a net cash flow from operating activities of -¥1,206,711,890.13[21] - Cash inflow from financing activities amounted to ¥1,851,067,868.68, a substantial increase from ¥233,711,817.75 in the previous year[22] - The company reported a net increase in cash and cash equivalents of ¥245,266,420.50, contrasting with a decrease of -¥3,978,766.09 in the previous year[22] Shareholder Information - The total number of shares held by the top shareholder, Li Min, is 20,020,120, accounting for 23.83% of the total shares[11] - The second-largest shareholder, Li Xiaoyu, holds 8,735,040 shares, representing 10.40% of the total shares[11] Market and Strategic Initiatives - The company has not disclosed any significant new product developments or technological advancements during the reporting period[12] - There are no indications of market expansion or mergers and acquisitions mentioned in the report[12] - The report does not highlight any new strategic initiatives undertaken by the company in the third quarter of 2021[12]