CNNC TD(SZ:002145)2021-10-21 16:00Financial Performance - The company's operating revenue for the third quarter reached ¥1,375,181,315.13, an increase of 27.63% compared to the same period last year[2] - Net profit attributable to shareholders was ¥345,012,816.59, representing a significant increase of 211.16% year-on-year[2] - The basic earnings per share (EPS) was ¥0.1680, up 127.33% from the previous year[2] - Revenue for the third quarter reached CNY 3,984,897,566.77, an increase of 46.77% compared to CNY 2,715,097,264.09 in the previous year[5] - Net profit attributable to shareholders increased by 58.67% to CNY 2,487,032,344.37, driven by higher sales and profitability[5] - The net profit attributable to shareholders for the first nine months was RMB 1.002 billion, reflecting a year-on-year increase of 181.37%[8] - The net profit for the third quarter reached CNY 1.00 billion, compared to CNY 356 million in the previous year, marking a significant increase of 181.2%[19] - The total profit for the quarter was CNY 1.20 billion, up from CNY 428 million, reflecting a growth of 179.5%[20] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥10,674,487,301.88, reflecting a growth of 30.58% compared to the end of the previous year[2] - The total assets of the company increased to approximately CNY 10.67 billion as of September 30, 2021, compared to CNY 8.17 billion at the end of 2020, reflecting a growth of about 30.5%[16] - The total liabilities of the company rose to approximately CNY 3.93 billion, compared to CNY 2.35 billion in the previous year, which is an increase of about 67.0%[17] - The total liabilities amounted to 2,347,966,914.52 CNY, compared to 2,353,572,689.65 CNY in the previous year[24] Cash Flow - The company's net cash flow from operating activities reached ¥900,779,439.05, an increase of 147.49% year-to-date[2] - Cash flow from operating activities increased by 57.67% to CNY 3,255,653,202.54, attributed to higher revenue and improved collections[5] - The cash inflow from sales of CNY 3.26 billion, compared to CNY 2.06 billion in the previous year, representing a growth of 57.5%[20] - The net cash inflow from investment activities was -645,235,118.13 CNY, a significant decrease compared to 90,510,437.68 CNY in the previous year[21] - The total cash and cash equivalents at the end of the period amounted to 2,190,577,659.09 CNY, down from 2,325,051,921.35 CNY year-over-year[21] Investments and R&D - R&D expenses increased by 121.97% to CNY 109,572,261.78, primarily due to increased investment by subsidiary Dongfang Titanium[5] - The company reported a significant increase in investment income, which rose by 973.60% to CNY 28,739,854.28, due to higher returns from financial products[5] - Research and development expenses amounted to CNY 109.57 million, up from CNY 49.36 million, reflecting a year-over-year increase of 121.4%[20] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 95,084, with the largest shareholder holding 43.48% of the shares[7] - The company's total equity attributable to shareholders was ¥6,746,409,737.84, up 15.78% from the end of the previous year[2] Inventory and Receivables - The inventory increased by 38.27% to ¥581,630,595.03, primarily due to strategic reserves of raw materials and rising prices[4] - The accounts receivable rose by 104.99% to ¥875,022,557.49, attributed to increased revenue leading to higher receivables[4] - The company's inventory increased to approximately CNY 581.63 million from CNY 420.64 million, reflecting a rise of about 38.3%[15] - The company reported a significant increase in accounts receivable, which rose to approximately CNY 875.02 million from CNY 426.86 million, representing a growth of about 105.5%[15] Future Plans and Strategies - The company plans to continue expanding its market presence and investing in new technologies to enhance product offerings[5] - The company plans to establish a joint venture with CATL to invest in renewable energy projects, including photovoltaic and wind power[11] - The company has initiated a non-public offering of A-shares to raise up to RMB 709.1 million for various projects, including deep processing of titanium dioxide[12] - The company has established a new materials research institute to enhance its technological innovation capabilities[12] - The company plans to continue its market expansion and product development initiatives, focusing on sustainable and innovative solutions in the chemical industry[14] Other Information - The third quarter report of China Nuclear Huayuan Titanium Dioxide Co., Ltd. has not been audited[25] - The company has implemented the new leasing standards starting from 2021, with retrospective adjustments to prior comparative data[25] - Future outlook and performance guidance are not mentioned in the document[25] - No new products or technologies are discussed in the document[25] - Market expansion and mergers or acquisitions are not addressed in the document[25]