ZYD(SH:900906)2021-10-26 16:00Financial Performance - The company's operating revenue for Q3 2021 was CNY 360,052,602.60, representing a year-on-year increase of 28.05%[5] - The net profit attributable to shareholders was CNY 27,347,480.17, with a significant increase of 391.53% compared to the same period last year[5] - Basic earnings per share for the period were CNY 0.0255, reflecting a year-on-year increase of 393.33%[6] - Total operating revenue for the first three quarters of 2021 reached ¥1,037,493,570.35, a significant increase of 34.7% compared to ¥770,326,829.64 in the same period of 2020[20] - Net profit for the third quarter of 2021 was ¥39,655,878.70, compared to ¥8,067,806.18 in the same quarter of 2020, marking an increase of 392.5%[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,328,698,982.81, a decrease of 4.72% from the end of the previous year[6] - The company's current assets totaled CNY 451,726,463.91, down from CNY 467,320,035.12 in the previous year[17] - Total liabilities as of the end of the third quarter of 2021 amounted to ¥1,199,128,169.73, a decrease from ¥1,304,616,299.44 at the end of 2020[19] - The company’s total liabilities included short-term borrowings of ¥182,369,890.90 and accounts payable of ¥91,861,886.29 as of Q3 2021[29] - Total liabilities amounted to approximately 1.30 billion, a slight decrease of 1.13 million compared to the previous period[30] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 100,043,908.40, with no applicable year-on-year comparison[6] - Cash generated from operating activities in the first three quarters of 2021 was ¥958,190,903.51, compared to ¥685,728,045.11 in 2020, indicating a growth of 39.7%[24] - Net cash flow from operating activities for Q3 2021 was ¥100,043,908.40, a significant improvement compared to a net outflow of ¥17,449,841.64 in Q3 2020[25] - Total cash inflow from financing activities was ¥151,230,000.00, while cash outflow was ¥232,518,993.90, resulting in a net cash flow of -¥81,288,993.90 for Q3 2021[26] - Cash and cash equivalents at the end of Q3 2021 totaled ¥75,589,497.97, down from ¥96,430,486.18 at the beginning of the period[26] Shareholder Information - The company reported a total of 46,226 common shareholders at the end of the reporting period[11] - The equity attributable to shareholders increased by 44.07% to CNY 129,570,813.08 compared to the end of the previous year[6] - The company's total equity attributable to shareholders increased to ¥129,570,813.08 from ¥89,934,675.51 year-over-year[19] - Shareholders' equity attributable to the parent company was approximately 89.93 million, unchanged from the previous period[31] Operational Changes and Plans - The company attributed the significant increase in net profit to the recovery of domestic and international markets, leading to improved sales and pricing of its main products[10] - The company has completed the registration change for Guizhou Zhongyida, with 100% ownership held by Shengyun Investment as of August 23, 2021[14] - The company plans to dispose of its 51% stake in Fujian Shanghe Construction Engineering Co., Ltd. through public transfer, following an asset valuation by Zhonglian Asset Appraisal Group[14] - The company will continue to monitor Shengyun Investment's asset disposal progress to protect the interests of the company and minority shareholders[14] Research and Development - Research and development expenses for the first three quarters of 2021 were ¥10,111,372.21, down from ¥24,500,597.70 in the same period of 2020, a decrease of 58.8%[20] Audit and Compliance - The company has not provided an audit opinion type for the financial statements, indicating they are unaudited[15] - The company adopted the new leasing standards effective January 1, 2021, impacting the recognition of lease liabilities and right-of-use assets[31]