*ST中捷(002021) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was CNY 241,646,702.47, representing a 65.62% increase year-over-year, and a total revenue of CNY 756,601,972.93 for the year-to-date, up 103.43% compared to the same period last year[3]. - Net profit attributable to shareholders for Q3 2021 was CNY 6,058,215.03, a 148.62% increase year-over-year, with a year-to-date net profit of CNY 20,826,375.70, up 180.93%[3]. - Total operating revenue for the third quarter reached CNY 756,601,972.93, a significant increase of 103.5% compared to CNY 371,923,954.98 in the same period last year[21]. - The company reported a net profit of CNY 20,826,375.70, a turnaround from a net loss of CNY 25,735,396.08 in the previous year[22]. - Basic earnings per share improved to CNY 0.0303, compared to a loss of CNY 0.0374 per share in the same quarter last year[23]. Cash Flow and Assets - The company's cash flow from operating activities showed a net amount of CNY 285,510,605.56 year-to-date, reflecting a significant increase of 979.48%[3]. - The company's cash flow from operating activities was CNY 2,378,756,605.40, a substantial increase from CNY 407,357,545.53 in the previous period[25]. - The net cash flow from operating activities was CNY 285,510,605.56, compared to a negative cash flow of CNY -32,463,602.78 in the same period last year[26]. - The total cash and cash equivalents at the end of the period were CNY 111,297,038.74, an increase of CNY 18,462,734.70 from the previous quarter[27]. - The company received tax refunds amounting to CNY 20,538,709.62, compared to CNY 10,066,767.14 in the same period last year[26]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 1,422,583,180.19, a 65.06% increase from the previous year-end[3]. - The total assets of the company reached CNY 1,422,583,180.19, compared to CNY 861,860,219.59 at the end of the previous year, indicating a growth of 64.9%[19]. - The total liabilities increased to CNY 771,755,692.53, up from CNY 231,459,788.92, representing a growth of 233.5%[19]. - The company's financial assets increased by 156.7% compared to the previous year-end, mainly due to investments in bank wealth management products[6]. - The company’s short-term borrowings increased by CNY 91,162,300, primarily due to new short-term bank loans taken during the reporting period[7]. Inventory and Costs - The company reported a 107.43% increase in operating costs year-over-year, primarily due to increased sales of sewing machines[7]. - The company’s inventory grew by 67.96% year-over-year, driven by increased sales and inventory buildup to meet demand[6]. - Total operating costs amounted to CNY 738,223,291.98, up 87.3% from CNY 394,153,003.53 year-on-year[21]. - Research and development expenses increased to CNY 20,563,811.37, compared to CNY 9,143,825.94 in the same quarter last year, reflecting a growth of 125.8%[22]. - The company's R&D expenses increased by 124.89% year-over-year, attributed to higher investments in product design and employee compensation[7]. Legal and Shareholder Matters - The company reported a significant legal issue involving a trust loan of CNY 2.5 billion, with ongoing investigations and court proceedings related to this matter[12]. - The company is currently under investigation regarding the aforementioned trust loan, with its bank accounts and properties being frozen as part of the legal proceedings[12]. - The major shareholder, Ningbo Yuanxi, reduced its stake from 16.42% to 10.41% through a share transfer of 13.8 million shares, which was completed on October 26, 2021[13]. - The company has committed to timely information disclosure regarding the developments of the share transfer and ongoing legal matters to ensure investor awareness[13]. Other Financial Metrics - The company's weighted average return on equity rose to 0.93%, an increase of 2.75 percentage points compared to the previous year[3]. - The company's deferred tax assets decreased to CNY 19,901,333.52 from CNY 21,869,132.56, a decline of 9%[19]. - Other comprehensive income after tax showed a loss of CNY 399,318.70, contrasting with a gain of CNY 193,790.40 in the previous year[23]. - The trading financial assets increased to CNY 186,879,273.97 from CNY 72,800,000.00, reflecting a growth of approximately 156%[17]. - The cash paid to employees was CNY 113,523,590.18, an increase from CNY 75,259,603.96 year-over-year[26].