Financial Performance - The company's operating revenue for Q3 2021 was ¥83,419,294.83, representing a year-on-year increase of 74.88%[5] - The net profit attributable to shareholders for Q3 2021 was ¥11,355,481.02, showing a significant increase of 219.45% 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 ¥9,793,407.39, an increase of 448.14% year-on-year[5] - The basic earnings per share for Q3 2021 was ¥0.07, reflecting a year-on-year increase of 219.45%[6] - The company reported a net profit of CNY 108,582,944.73 for the first three quarters of 2021, compared to CNY 67,306,140.42 for the same period in 2020, representing an increase of approximately 61.5%[19] Assets and Liabilities - The total assets at the end of the reporting period were ¥847,203,488.16, which is a 5.79% increase compared to the end of the previous year[6] - The total assets as of September 30, 2021, amounted to CNY 847,203,488.16, an increase from CNY 800,825,429.89 as of December 31, 2020, reflecting a growth of approximately 5.4%[15] - The total liabilities as of September 30, 2021, were CNY 83,110,980.63, compared to CNY 79,868,991.67 at the end of 2020, indicating an increase of approximately 4.0%[17] - The company's total equity rose to CNY 764,092,507.53 from CNY 720,956,438.22, marking an increase of around 5.9%[17] - The company's short-term borrowings and other current liabilities were not specified, but the total current liabilities amounted to CNY 60,697,948.67, up from CNY 57,439,685.60, indicating a growth of approximately 3.9%[17] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥42,209,092.03, showing a decrease of 27.16% compared to the same period last year[5] - The net cash flow from operating activities for the first nine months of 2021 was CNY 42.21 million, a decrease of 27.2% compared to CNY 57.95 million in the same period of 2020[22] - The company reported a net cash outflow from investing activities of CNY 25.04 million in the first nine months of 2021, an improvement from a net outflow of CNY 300.12 million in the same period of 2020[22] - The company's cash and cash equivalents increased to CNY 164,865,049.27 from CNY 147,876,986.37, representing a growth of about 11.9% year-over-year[15] - The cash and cash equivalents at the end of Q3 2021 were CNY 164.61 million, significantly higher than CNY 49.25 million at the end of Q3 2020[23] Expenses - Research and development expenses totaled ¥5,336,066.06 for Q3 2021, accounting for 6.40% of operating revenue, a decrease of 2.87 percentage points year-on-year[6] - Research and development expenses for Q3 2021 were CNY 13.15 million, compared to CNY 12.18 million in Q3 2020, indicating a year-over-year increase of 8.0%[20] - The total operating expenses for Q3 2021 were CNY 159.67 million, up from CNY 125.90 million in Q3 2020, reflecting a 26.9% increase[20] Inventory and Receivables - Inventory levels increased to CNY 109,532,905.92 from CNY 98,946,710.35, which is an increase of approximately 10.5%[16] - The accounts receivable rose significantly to CNY 18,606,330.34 from CNY 7,423,863.39, reflecting an increase of about 151.5%[15] Market Position and Strategy - The company has a strong shareholder base, with the largest shareholder holding 49.82% of the shares, indicating significant institutional support[12] - The company is focused on expanding its market presence and developing new technologies, although specific details on new products were not disclosed in the report[14] Other Financial Metrics - The weighted average return on equity for Q3 2021 was 1.50%, an increase of 0.99 percentage points compared to the same period last year[6] - The company experienced a decrease in total profit for Q3 2021, which was CNY 47.51 million, down from CNY 49.81 million in Q3 2020, a decline of 4.6%[20] - The company's cash flow from financing activities showed a net outflow of CNY 84.29 million in Q3 2021, reflecting the payment of dividends and interest[23]
同益中(688722) - 2021 Q3 - 季度财报