MACMIC(SH:688711)2021-10-29 16:00Financial Performance - The company's revenue for Q3 2021 was ¥135,553,769.46, representing a year-over-year increase of 42.55%[4] - Net profit attributable to shareholders for Q3 2021 was ¥14,780,633.07, an increase of 89.25% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥11,593,325.55, up 56.27% year-over-year[4] - Total operating revenue for the first three quarters of 2021 reached ¥369,942,411.58, a significant increase from ¥236,684,960.75 in the same period of 2020, representing a growth of approximately 56.2%[19] - Net profit for the third quarter of 2021 was ¥46,059,077.43, compared to ¥18,237,261.54 in the same quarter of 2020, indicating a year-over-year increase of about 152.5%[20] - Basic earnings per share for Q3 2021 were ¥0.18, up 63.64% year-over-year[5] - Basic earnings per share for the third quarter of 2021 were ¥0.61, up from ¥0.27 in the same quarter of 2020, representing an increase of about 126%[21] Assets and Liabilities - The total assets at the end of the reporting period reached ¥1,171,874,564.41, reflecting a 175.87% increase from the end of the previous year[5] - The total liabilities increased to ¥296,650,298.97 from ¥192,438,047.37, reflecting a growth of approximately 54.2%[19] - The total equity attributable to shareholders at the end of the reporting period was ¥874,235,915.91, an increase of 278.68% from the end of the previous year[5] - The total equity attributable to shareholders rose to ¥874,235,915.91, up from ¥230,863,403.52, marking an increase of about 278.5%[19] Cash Flow and Investments - The net cash generated from operating activities for the year-to-date period was ¥8,453,947.87, an increase of 35.07%[4] - The net cash flow from operating activities for the first three quarters of 2021 was ¥8,453,947.87, an increase of 35% compared to ¥6,258,934.07 in the same period of 2020[23] - Total cash inflow from operating activities was ¥216,936,316.05, slightly down by 0.5% from ¥217,970,398.19 in the previous year[23] - Cash outflow from operating activities amounted to ¥208,482,368.18, a decrease of 1.1% from ¥211,711,464.12 in 2020[23] - The net cash flow from investing activities was -¥81,282,702.78, compared to -¥16,762,166.49 in the same period last year, indicating increased investment expenditures[24] - Cash inflow from financing activities reached ¥736,606,587.41, a significant increase of 600% from ¥105,491,161.14 in the previous year[24] - The net cash flow from financing activities was ¥621,729,476.30, compared to ¥27,457,782.69 in the same period of 2020, reflecting strong capital raising efforts[24] Research and Development - The company's R&D investment for Q3 2021 was ¥8,859,353.34, a 69.45% increase compared to the same period last year[5] - Research and development expenses for the first three quarters amounted to ¥20,619,264.10, compared to ¥14,938,838.30 in the previous year, showing an increase of approximately 38.2%[19] Shareholder Information - The company reported a total of 6,285 common shares outstanding at the end of the reporting period[12] - The top shareholder, Zhao Shanqi, holds 17,524,600 shares, representing 17.79% of total shares[12] - The company has no pledged or frozen shares among its top shareholders, indicating a stable ownership structure[12] Market Outlook - The company expects continued growth in revenue and profit due to high market demand and full order intake[10] Inventory and Receivables - Inventory levels increased to CNY 152,778,984.69 from CNY 99,234,960.83, reflecting a 53.9% rise year-over-year[17] - Accounts receivable increased to CNY 139,939,402.01 from CNY 103,721,777.59, showing a 34.8% growth in receivables[16] Other Financial Metrics - The weighted average return on equity was 3.15%, a decrease of 0.42 percentage points compared to the previous year[5] - The company reported a decrease in credit impairment losses to -¥106,842.71 from -¥75,565.36, indicating improved asset quality[20] - Deferred income increased to ¥28,473,812.57 from ¥17,712,985.67, representing a growth of approximately 61%[19] - The ending balance of cash and cash equivalents was ¥567,231,009.82, up from ¥41,849,456.06 at the end of the same period last year[24] - Cash and cash equivalents reached CNY 567,231,009.82, compared to CNY 18,360,009.91 at the end of 2020, indicating a substantial growth in liquidity[16] - The cash paid for purchasing fixed assets and other long-term assets was ¥81,725,302.16, compared to ¥16,797,293.86 in the same period last year, indicating increased capital expenditures[24] - The company reported a cash inflow of ¥442,599.38 from the disposal of fixed assets, a significant increase from ¥45,127.37 in the previous year[23]