HIUV(SH:688680)2021-11-30 16:00Financial Performance - The company's revenue for Q3 2021 reached ¥792,388,860.62, representing a year-over-year increase of 124.35%[3] - The net profit attributable to shareholders for Q3 2021 was ¥41,076,611.15, a decrease of 31.22% compared to the same period last year[3] - Basic earnings per share for Q3 2021 were ¥0.49, down 48.42% from the previous year[4] - Total revenue for the first three quarters of 2021 reached CNY 2,001,992,501.75, a significant increase from CNY 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 CNY 120,450,356.80, slightly up from CNY 116,131,270.36 in the same period of 2020, reflecting a growth of approximately 3.0%[18] - The company reported total comprehensive income of CNY 120,450,356.80 for the third quarter of 2021, up from CNY 116,131,270.36 in the same quarter of 2020, reflecting a year-over-year increase of about 2.8%[19] Research and Development - Research and development expenses totaled ¥28,651,988.02 for Q3 2021, an increase of 104.58% year-over-year[4] - The proportion of R&D expenses to revenue increased by 0.27 percentage points to 3.62% in Q3 2021[4] - Research and development expenses for the first three quarters of 2021 amounted to CNY 86,106,251.16, which is a significant increase from CNY 36,557,402.99 in the previous year, showing a growth of about 135.0%[17] Assets and Liabilities - Total assets as of the end of the reporting period amounted to ¥3,062,765,636.92, reflecting a 100.49% increase from the previous year[4] - As of September 30, 2021, the company's total current assets amounted to ¥2,538,904,765.15, a significant increase from ¥1,194,718,423.89 as of December 31, 2020, reflecting a growth of approximately 112.5%[13] - Total liabilities reached CNY 887,853,864.93, up from CNY 774,911,182.15 in the previous year, indicating an increase of approximately 14.6%[15] - The company's total non-current assets amounted to CNY 523,860,871.77, compared to CNY 332,925,816.59 in the previous year, reflecting a growth of about 57.3%[14] Cash Flow - The company reported a net cash flow from operating activities of ¥1,206,711,890.13 for the year-to-date, a significant increase[4] - In the first three quarters of 2021, the company generated cash inflows from operating activities amounting to CNY 1,014,960,485.93, a significant increase from CNY 638,419,957.82 in the same period of 2020, representing a growth of approximately 58.8%[21] - The net cash outflow from operating activities for the first three quarters of 2021 was CNY -1,206,711,890.13, compared to CNY -82,592,065.76 in the previous year, indicating a deterioration in cash flow performance[21] Shareholder Structure - The company has no significant changes in shareholder structure, with the top shareholder, Li Min, holding 23.83% of shares[11] - The second-largest shareholder, Li Xiaoyu, holds 10.40% of shares, indicating a stable ownership distribution among the top shareholders[11] Market and Product Development - The company has not reported any significant new product developments or market expansions during this quarter[12] - There are no indications of mergers or acquisitions in the current reporting period[12] Investment Activities - The company invested CNY 95,959,728.31 in capital expenditures during the first three quarters of 2021, compared to CNY 53,349,997.66 in the same period of 2020, reflecting an increase of approximately 79.9%[22] - The total cash outflow from investing activities was CNY -81,329,385.62 for the first three quarters of 2021, compared to CNY -35,773,534.65 in the previous year, indicating a worsening investment cash flow situation[22] - The company received CNY 1,365,469,631.13 from investment activities in the first three quarters of 2021, indicating a strong capital inflow from new investments[22]