CONSYS(SH:688788)2021-10-27 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥115,249,736.92, representing a year-on-year increase of 143.25%[5]. - The net profit attributable to shareholders for the same period was ¥22,876,681.80, with a year-to-date increase of 351.97% to ¥205,542,105.03[5][10]. - The net profit after deducting non-recurring gains and losses reached ¥18,796,711.76 for Q3 2021, with a year-to-date increase of 457.21%[5][10]. - Basic earnings per share for Q3 2021 were ¥0.3029, reflecting a year-to-date increase of 238.96%[6]. - Total operating revenue for the first three quarters of 2021 reached ¥568,190,669.04, a significant increase from ¥342,367,709.42 in the same period of 2020, representing a growth of approximately 66%[24]. - Net profit for the third quarter of 2021 was ¥203,597,652.48, a substantial rise from ¥44,437,373.31 in the same quarter of 2020, reflecting an increase of approximately 358%[25]. - The total comprehensive income attributable to the parent company for Q3 2021 was ¥205,542,105.03, compared to ¥45,477,057.47 in the same period last year[26]. - Basic and diluted earnings per share for Q3 2021 were both ¥2.7212, up from ¥0.8028 in Q3 2020, indicating a significant increase in profitability[26]. Research and Development - Research and development expenses totaled ¥46,643,918.21 in Q3 2021, accounting for 40.47% of operating revenue, a decrease of 67.51% compared to the previous year[6]. - The company's R&D expenses for the first three quarters of 2021 amounted to ¥146,582,914.87, up from ¥121,706,477.69 in 2020, marking an increase of about 20%[24]. - R&D expenses for the current reporting period totaled 46.64 million RMB, with year-to-date R&D expenses reaching 146.58 million RMB, focusing on multiple projects including smart radio baseband processing chips[16]. Cash Flow and Liquidity - The company reported a cash flow from operating activities of -¥44,626,661.82 for the year-to-date, a decrease of 142.33%[6]. - Operating cash flow for the year-to-date period was -142.33 million RMB, primarily due to a decrease in cash received from sales and an increase in cash paid to employees[11]. - The net cash flow from operating activities for the first nine months of 2021 was -¥44,626,661.82, a decline from ¥105,430,605.69 in the same period of 2020[29]. - Cash inflows from operating activities totaled ¥399,559,662.12 for the first nine months of 2021, down from ¥503,856,766.24 in the previous year[29]. - Cash outflows from operating activities increased to ¥444,186,323.94 in 2021 from ¥398,426,160.55 in 2020[29]. - The ending cash and cash equivalents balance as of September 30, 2021, was ¥1,750,909,046.68, down from ¥46,948,312.91 at the end of Q3 2020[30]. Assets and Liabilities - Total assets at the end of Q3 2021 were ¥3,108,327,336.81, showing a slight decrease of 0.26% from the end of the previous year[6]. - The total liabilities decreased to ¥130,308,297.08 in the third quarter of 2021 from ¥272,475,213.90 in the same period of 2020, showing a reduction of approximately 52%[20]. - The equity attributable to shareholders of the parent company increased to ¥2,982,845,418.48 from ¥2,844,628,117.47, reflecting a growth of about 5%[21]. - Other receivables increased by 120.91% to 22.84 million RMB, mainly due to prepayments for chip trial production costs[11]. - The company’s total liabilities decreased, with accounts payable down by 52.59% to 55.52 million RMB, reflecting payments made to suppliers[11]. - Inventory levels decreased to ¥268,678,062.04 in the third quarter of 2021 from ¥315,626,700.29 in the same period of 2020, representing a decline of about 15%[19]. Financial Expenses - The company reported a financial expense of -¥29,761,424.41 in the third quarter of 2021, compared to a financial income of ¥7,829,546.41 in the same quarter of 2020[25]. - The company reported a net cash flow from investing activities of -¥15,149,414.09 for the first nine months of 2021, compared to -¥17,637,131.17 in the same period last year[30]. - The net cash flow from financing activities was -¥60,427,385.60 in 2021, slightly improved from -¥65,390,977.69 in 2020[30]. Orders and Production - The company held approximately 180 million RMB in unfulfilled orders and production notifications as of the report date[16]. - Revenue for the current reporting period was 143.25 million RMB, driven by a continuous increase in orders for main business products[11]. - The company achieved a year-to-date increase in operating revenue of 65.96%, driven by stable growth in main business orders[10]. Other Information - The company did not report any net profit from subsidiaries prior to consolidation in the current or previous periods[26]. - The company has not applied the new leasing standards for the current year, indicating a potential area for future financial adjustments[30].