KCT(SZ:002625)2021-10-28 16:00Financial Performance - The company's revenue for Q3 2021 was ¥110,685,266.87, representing a year-over-year increase of 12.20%[3] - The net profit attributable to shareholders for Q3 2021 was ¥28,344,827.05, a decrease of 9.47% compared to the same period last year[3] - The net profit excluding non-recurring gains and losses was ¥22,641,324.12, showing an increase of 12.35% year-over-year[3] - Total operating revenue for Q3 2021 was CNY 384,624,093.77, an increase of 18.7% compared to CNY 324,154,911.68 in the same period last year[18] - Net profit for Q3 2021 reached CNY 120,151,896.49, representing a 18.4% increase from CNY 101,496,123.94 in Q3 2020[19] - Earnings per share for Q3 2021 were CNY 0.06, compared to CNY 0.05 in the same quarter last year[20] Assets and Liabilities - The total assets at the end of Q3 2021 amounted to ¥8,631,864,148.41, a slight decrease of 0.18% from the end of the previous year[3] - The company's total assets were CNY 8,631,864,148.41, slightly down from CNY 8,647,377,935.63 year-over-year[16] - Non-current assets totaled CNY 1,691,837,844.03, an increase from CNY 1,454,160,245.01 year-over-year[16] - Total liabilities decreased to CNY 644,739,537.20 from CNY 780,375,554.45 in the previous year[16] - The total amount of other current liabilities was CNY 18,004,771.90[26] Cash Flow - The company's cash flow from operating activities for the year-to-date was -¥8,476,245.53, reflecting a significant decrease of 93.34% compared to the previous year[3] - The net cash flow from operating activities for the period was -8,476,245.53 CNY, an increase of 93.34% compared to the same period last year, mainly due to increased sales collections and government subsidies received[9] - The cash inflow from operating activities for the current period is CNY 460,972,582.04, compared to CNY 263,790,141.92 in the previous period, representing a significant increase[21] - The cash outflow from operating activities totaled CNY 469,448,827.57, up from CNY 391,070,994.61 in the previous period, resulting in a net cash flow from operating activities of CNY -8,476,245.53, an improvement from CNY -127,280,852.69[22] Expenses - Management expenses for Q3 2021 rose by 44.21% to ¥80,990,115.92, primarily due to increased employee compensation and depreciation[8] - The company's income tax expense increased by 47.37% to 27,881,611.11 CNY, mainly due to increased profits compared to the same period last year[9] - Research and development expenses for Q3 2021 were CNY 47,680,891.83, a decrease from CNY 52,350,807.55 in the same period last year[18] Inventory and Investments - The company reported a 218.73% increase in inventory, totaling ¥406,098,109.50, due to increased material needs for production[7] - The company’s inventory increased significantly to 406,098,109.50 CNY from 127,411,924.10 CNY, indicating a potential buildup of stock[15] - The company’s long-term equity investments increased to 47,928,175.13 CNY from 45,090,849.48 CNY[15] - The company has made significant investments in fixed assets, with cash outflows for the purchase of fixed assets totaling CNY 228,339,031.07[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 119,051, with the largest shareholder holding 40.46% of the shares[10] - The total equity attributable to shareholders of the parent company was CNY 7,992,536,077.17, up from CNY 7,872,059,731.98 year-over-year[17] - The company’s total equity, including minority interests, was CNY 7,867,002,381.18[26] Financial Standards and Regulations - The company has not audited the third-quarter report[27] - The company implemented new lease standards, resulting in a cumulative impact of CNY 22,939,757.75 on the balance sheet[26]