Financial Performance - The company's operating revenue for Q3 2021 was ¥757,505,713.38, representing an increase of 18.07% compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2021 was ¥34,111,073.79, a decrease of 49.89% year-on-year[3]. - The basic earnings per share for Q3 2021 was ¥0.51, down 49.89% from the previous year[3]. - Total operating revenue for the first three quarters of 2021 reached RMB 1,964,515,019.41, an increase from RMB 1,639,557,595.80 in the same period of 2020, representing a growth of approximately 19.8%[17]. - The net profit for the third quarter of 2021 was CNY 129,106,395.16, a decrease of 15.4% compared to CNY 152,605,992.41 in the same period last year[19]. - The operating profit for the third quarter was CNY 138,883,016.96, down from CNY 177,125,228.59, reflecting a decline of approximately 21.6%[19]. - The total comprehensive income attributable to the parent company was CNY 129,106,395.16, compared to CNY 152,605,992.41 in the previous year[20]. Assets and Liabilities - Total assets at the end of Q3 2021 reached ¥2,596,452,557.06, an increase of 71.59% compared to the end of the previous year[3]. - The total assets of the company reached RMB 2,596,452,557.06, up from RMB 1,513,159,992.34 at the end of 2020, representing a growth of approximately 71.5%[17]. - The total liabilities increased to RMB 625,522,368.18 from RMB 607,717,205.15, showing a rise of about 2.6%[16]. - The company's total liabilities increased significantly, with accounts payable rising by 248.71% to ¥62,070,696.60, reflecting increased settlement activities[8]. Cash Flow - The company reported a net cash flow from operating activities of ¥94,793,365.28 for the year-to-date, a significant increase of 2,361.29% compared to the same period last year[9]. - Cash flow from operating activities generated a net cash inflow of CNY 94,793,365.28, a significant improvement from a net outflow of CNY 4,192,004.83 in the previous year[23]. - Cash flow from investing activities resulted in a net outflow of CNY -112,197,736.41, slightly worse than the previous year's outflow of CNY -108,071,958.87[23]. - Cash flow from financing activities generated a net inflow of CNY 963,797,092.58, a significant increase from CNY 4,961,654.18 in the same period last year[23]. Equity and Investments - The company raised funds through new stock issuance, resulting in a 117.68% increase in total equity to ¥1,970,930,188.88[4]. - The company's equity attributable to shareholders rose to RMB 1,970,930,188.88 from RMB 905,442,787.19, indicating a significant increase of approximately 117.8%[17]. Expenses and Impairments - The company reported a 184.70% increase in credit impairment losses, amounting to -¥1,512,151.68, due to changes in accounts receivable[9]. - The company incurred a credit impairment loss of CNY -1,512,151.68, which was an increase from CNY -531,132.48 in the same period last year[19]. - The company’s other income decreased by 72.16% to ¥8,933,864.64, attributed to a significant reduction in government subsidies received[9]. - Research and development expenses for the period were RMB 65,295,542.57, compared to RMB 59,203,534.03 in the previous year, reflecting an increase of about 10.5%[17]. Inventory and Receivables - Accounts receivable increased to RMB 338,037,777.19 from RMB 309,057,599.84 year-over-year, reflecting a growth of approximately 9.4%[15]. - Inventory levels rose to RMB 233,637,950.86 compared to RMB 224,513,572.26 at the end of 2020, marking an increase of about 4.9%[15]. - The company's cash and cash equivalents as of September 30, 2021, amounted to RMB 1,129,939,579.17, significantly higher than RMB 186,085,920.97 at the end of 2020[14]. - The company reported a cash and cash equivalents balance of CNY 1,118,008,396.56 at the end of the period, a substantial increase from CNY 81,479,445.05 at the end of the previous year[24].
丽臣实业(001218) - 2021 Q3 - 季度财报