TINCI(SZ:002709)2021-10-26 16:00Revenue and Profitability - Revenue for Q3 2021 reached ¥2,923,578,986.04, an increase of 165.10% year-over-year[4] - Net profit attributable to shareholders was ¥770,988,555.94, up 273.00% compared to the same period last year[4] - Basic earnings per share (EPS) was ¥0.81, reflecting a growth of 268.18% year-over-year[4] - Operating revenue for the first nine months of 2021 reached ¥6,623,025,300.84, a 145.70% increase compared to ¥2,695,561,133.69 in the same period of 2020[9] - Total revenue for Q3 2021 reached ¥6,623,025,300.84, a significant increase from ¥2,695,561,133.69 in the same period last year, representing a growth of approximately 145.5%[16] - Operating profit for Q3 2021 was ¥1,877,446,288.86, compared to ¥580,117,883.07 in Q3 2020, indicating an increase of about 223.5%[16] - The total profit for Q3 2021 was approximately ¥1.91 billion, a significant increase from ¥577.27 million in the same period last year, representing a growth of 230.5%[40] - The net profit attributable to the parent company was approximately ¥1.55 billion, compared to ¥518.37 million in Q3 2020, marking an increase of 199.5%[40] Assets and Liabilities - Total assets increased to ¥10,895,724,124.07, representing an 81.28% increase from the end of the previous year[4] - Current liabilities totaled ¥3,782,870,957.96, compared to ¥2,096,552,904.14 in the same quarter last year, marking an increase of about 80.5%[14] - The company's total liabilities amounted to ¥4,111,959,001.57, compared to ¥2,474,661,464.44 in the previous year, reflecting an increase of approximately 66.1%[14] - Non-current assets reached ¥3,836,698,238.91, an increase from ¥3,188,852,513.94 year-over-year, representing a growth of approximately 20.3%[14] - The company's total assets as of September 30, 2021, included cash and cash equivalents of ¥1,940,341,796.50, a significant increase from ¥311,561,327.02 at the end of the previous month[12] Cash Flow - Cash flow from operating activities for the year-to-date was ¥988,982,638.89, up 103.03% compared to the previous year[4] - Cash flow from operating activities for Q3 2021 was approximately ¥988.98 million, compared to ¥487.12 million in the previous year, indicating an increase of 103%[20] - Cash flow from investing activities showed a net outflow of approximately ¥891.89 million in Q3 2021, compared to a net outflow of ¥237.82 million in Q3 2020[21] - Cash flow from financing activities for Q3 2021 was approximately ¥1.54 billion, a significant increase from a net outflow of ¥60.14 million in the same period last year[21] Expenses and Costs - Operating costs increased by 155.37% to ¥4,042,557,658.50, primarily due to increased sales volume and raw material prices[9] - The total operating costs for Q3 2021 were ¥4,634,010,208.29, compared to ¥2,045,404,019.10 in the same period last year, indicating an increase of approximately 126.5%[16] - Research and development expenses rose by 83.52% to ¥215,358,593.83, reflecting the company's commitment to maintaining technological advantages[9] - The company's income tax expenses surged by 233.74% to ¥269,353,859.94, attributed to profit growth[9] Shareholder Equity - Shareholders' equity attributable to the parent company rose to ¥6,534,590,256.45, a 93.00% increase year-over-year[4] - The equity attributable to shareholders of the parent company was ¥6,534,590,256.45, up from ¥3,385,861,771.64 in the same quarter last year, representing a growth of about 93.4%[14] Other Income and Gains - The company recorded a total of ¥26,668,617.89 in non-recurring gains for the current period[6] - The company reported a significant increase in other income, which rose by 177.97% to ¥22,708,325.20, mainly due to increased government subsidies[9] Financial Activities - The company’s financing activities generated ¥1,536,405,249.99, a dramatic increase of 2654.78% compared to the previous year[9] - The company experienced a significant increase in contract liabilities, which rose to ¥852,866,793.25, a 4383.59% increase due to pre-received customer payments[31] Compliance and Audits - The company did not undergo an audit for the Q3 2021 report[23] - The company did not adjust the balance sheet items at the beginning of the year under the new leasing standards, indicating compliance with the new regulations[45]