Financial Performance - The company's revenue for Q3 2021 reached ¥597,488,207.04, representing a 13.65% increase year-over-year, and a total revenue of ¥1,719,625,825.04 for the year-to-date, up 37.37% compared to the same period last year[3] - Net profit attributable to shareholders for Q3 2021 was ¥28,077,638.53, a slight increase of 0.30% year-over-year, with a year-to-date net profit of ¥60,041,341.71, up 3.83%[3] - Operating income for Q3 2021 was reported at ¥1,719,625,825.04, with operating costs rising by 41.48% to ¥1,452,797,630.55, largely due to the impact of the previous year's pandemic[7] - Total operating revenue for Q3 2021 reached ¥1,719,625,825.04, an increase of 37.3% compared to ¥1,251,792,354.54 in Q3 2020[18] - Net profit for Q3 2021 was ¥60,396,637.55, representing a 3.7% increase from ¥58,325,576.92 in Q3 2020[19] - The total comprehensive income for Q3 2021 was ¥60,396,480.57, compared to ¥58,325,091.74 in Q3 2020, showing a growth of 3.5%[19] Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥245,719,857.57, a significant decline of 855.74% compared to the same period last year[3] - Operating cash inflow for the period reached CNY 1,780,742,267.03, an increase from CNY 1,369,632,746.49 in the previous period[20] - Net cash flow from operating activities was negative at CNY -245,719,857.57, compared to a positive CNY 32,513,701.49 last year[20] - Cash inflow from investment activities totaled CNY 251,012,590.10, down from CNY 631,222,723.26 in the previous year[22] - Net cash flow from investment activities was CNY -127,252,021.89, an improvement from CNY -352,414,038.37 in the same period last year[22] - Cash inflow from financing activities was CNY 714,970,677.78, significantly higher than CNY 274,000,000.00 in the previous year[22] - Net cash flow from financing activities was CNY 304,982,663.14, compared to a negative CNY -6,678,244.40 last year[22] Assets and Liabilities - Total assets at the end of Q3 2021 amounted to ¥3,099,877,397.92, reflecting a 21.24% increase from the end of the previous year[3] - Total current assets as of September 30, 2021, amounted to CNY 1,856,717,583.03, an increase from CNY 1,472,261,431.05 as of December 31, 2020, reflecting a growth of approximately 26.1%[13] - Total assets reached CNY 3,099,877,397.92, up from CNY 2,556,836,617.82, which is an increase of about 21.4%[14] - The total liabilities increased to ¥1,474,296,615.58, compared to ¥975,054,038.17 in the previous year, reflecting a growth of 51.2%[18] - The company’s total liabilities increased, with accounts payable rising to CNY 232,830,843.90 from CNY 163,257,700.39, which is an increase of approximately 42.5%[14] - Current liabilities totaled ¥649,001,427.08, indicating a slight increase in short-term obligations[26] - Non-current liabilities were reported at ¥326,052,611.09, showing a significant decrease from the previous period[26] Shareholder Information - The company’s major shareholders include Li Zhichong with a 36.44% stake and Li Bingxing with 11.94%, indicating concentrated ownership[10] Research and Development - Research and development expenses for Q3 2021 were ¥59,550,481.08, marking a 31.50% increase year-over-year, indicating a commitment to enhancing innovation[7] - Research and development expenses increased to ¥59,550,481.08, a rise of 31.5% from ¥45,285,210.04 in Q3 2020[18] Other Financial Metrics - The weighted average return on equity for Q3 2021 was 1.74%, a slight decrease of 0.05% compared to the previous year[3] - Earnings per share remained stable at ¥0.19 for both Q3 2021 and Q3 2020[19] - The company reported an investment income of ¥842,260.10, down from ¥4,136,733.18 in the previous year[18] - The company reported a retained earnings of ¥406,505,591.99, contributing to overall equity growth[27] Audit and Compliance - The company did not conduct an audit for the third quarter report, which may affect the reliability of the financial data presented[30] - The company adopted the new leasing standards starting January 1, 2021, impacting the balance sheet with a lease liability of ¥108,206,159.36[29] - The average incremental borrowing rate used for lease liabilities was 6.09%[29] - The company has no financing leases prior to the implementation of the new leasing standards, indicating a shift in leasing strategy[28]
华源控股(002787) - 2021 Q3 - 季度财报