Recodeal(SH:688800)2021-10-28 16:00Financial Performance - Revenue for Q3 2021 reached ¥254,023,831.43, an increase of 64.09% compared to the same period last year[2] - Net profit attributable to shareholders was ¥34,793,967.97, up 94.65% year-on-year[2] - Basic earnings per share for the quarter were ¥0.37, reflecting a 67.07% increase from the previous year[2] - Total operating revenue for the first three quarters of 2021 reached ¥599,461,598.19, a 32% increase from ¥454,366,397.43 in the same period of 2020[20] - Net profit for the first three quarters of 2021 was ¥71,396,607.83, compared to ¥60,519,979.73 in the same period of 2020, reflecting an increase of approximately 18%[21] - Earnings per share for the first three quarters of 2021 were ¥0.82, up from ¥0.76 in the same period of 2020[21] Assets and Liabilities - Total assets as of the end of the reporting period were ¥1,403,887,119.80, a 46.09% increase from the end of the previous year[4] - Total assets amounted to ¥1,403,887,119.80, compared to ¥960,982,078.96 in the same period of 2020[17] - Total liabilities increased to ¥448,541,713.40 from ¥426,866,676.60 year-over-year[17] - Non-current assets totaled ¥249,107,193.61, an increase from ¥210,810,339.04 in the previous year[17] Equity - The total equity attributable to shareholders rose to ¥954,994,655.84, marking a 78.95% increase from the previous year[4] - The total equity attributable to shareholders at the end of the reporting period was 83.08 million RMB, mainly due to increased fundraising and retained earnings[9] - The company’s capital reserve rose to ¥514,360,990.81, up from ¥191,527,594.60 in the previous year[17] Cash Flow - Cash flow from operating activities showed a net amount of ¥40,763,998.48, down 25.65% year-to-date[2] - The company's cash inflow from operating activities for the first three quarters of 2021 was approximately CNY 592.77 million, an increase of 31.2% compared to CNY 451.86 million in the same period of 2020[24] - The net cash flow from operating activities decreased to CNY 40.76 million in 2021 from CNY 54.83 million in 2020, reflecting a decline of 25.7%[24] - The company raised CNY 405.54 million from investment activities in 2021, while cash inflow from financing activities was CNY 412.27 million, a substantial increase from CNY 63.18 million in 2020[25] - The net cash flow from financing activities improved to CNY 315.25 million in 2021, compared to CNY 8.43 million in 2020, reflecting a growth of 3,635.5%[25] Research and Development - R&D expenses totaled ¥11,623,559.37, representing 4.58% of revenue, a decrease of 0.47 percentage points year-on-year[4] - The company reported a significant increase in research and development expenses, totaling ¥28,215,702.58 for the first three quarters of 2021, compared to ¥22,780,467.29 in 2020[20] Inventory and Receivables - Inventory increased by 74.74% due to rising material prices and business growth[8] - The company reported a significant increase in accounts receivable by 53.17% due to higher sales revenue[8] - The company's inventory as of September 30, 2021, was valued at 214.18 million RMB, up from 122.58 million RMB at the end of 2020[15] - The company reported a significant increase in accounts receivable, totaling 310.12 million RMB, compared to 202.47 million RMB at the end of 2020[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 4,205[11] - The largest shareholder, Wu Shijun, holds 32,250,000 shares, representing 29.86% of the total shares[11]