Intretech(SZ:002925)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥1,957,206,724.12, representing an increase of 18.64% compared to the same period last year, which was ¥1,649,701,475.52 after adjustments[6]. - The net profit attributable to shareholders for Q3 2021 was ¥317,330,881.97, a 6.19% increase from ¥298,832,876.15 in the same period last year[6]. - The basic earnings per share for Q3 2021 was ¥0.41, up 5.13% from ¥0.39 in the previous year[8]. - Year-to-date operating revenue reached ¥5,610,020,858.40, marking a significant increase of 66.89% from ¥3,361,416,493.48 in the same period last year[9]. - The net profit attributable to shareholders for the year-to-date period was ¥887,702,005.07, reflecting a 29.07% increase from ¥687,783,342.21 last year[9]. - The company reported a total comprehensive income of ¥902,568,432.41, compared to ¥710,448,577.67 in the previous period, an increase of 27%[70]. - Net profit for the current period was ¥915,185,887.26, representing a 28% increase from ¥715,278,252.07 in the previous period[66]. - Earnings per share (EPS) for the current period was ¥1.14, compared to ¥0.89 in the previous period, indicating a growth of 28.1%[70]. Assets and Liabilities - The total assets as of the end of the reporting period were ¥8,101,450,908.56, a 6.22% increase from ¥7,626,914,047.09 at the end of the previous year[10]. - The total assets of the company increased to ¥8,101,450,908.56 from ¥7,626,914,047.09, reflecting a growth of 6.2%[58]. - The company's total liabilities as of September 30, 2021, were approximately 1.911 billion RMB, slightly decreased from 1.925 billion RMB at the end of 2020[34]. - Total liabilities increased to ¥2,705,577,980.81 from ¥2,608,071,531.72, marking a rise of 3.7%[42]. - The company's long-term borrowings increased to approximately 623.85 million RMB from 528.55 million RMB at the end of 2020, representing a growth of about 18%[34]. - Total liabilities increased to CNY 2,655,761,607.28, up from CNY 2,608,071,531.72, reflecting an increase of CNY 47,690,075.56[81]. Cash Flow - The company reported a decrease in cash flow from operating activities, with a net cash flow of ¥604,394,426.07, down 15.68% from the previous year[9]. - The cash inflow from operating activities reached CNY 6,171,611,075.34, a significant increase from CNY 3,456,161,798.70 in the previous period, representing an increase of approximately 78.5%[72]. - The net cash flow from operating activities was CNY 604,394,426.07, compared to CNY 716,799,711.72 in the same period last year, indicating a decrease of about 15.6%[72]. - The total cash inflow from investment activities was CNY 225,916,569.01, up from CNY 45,186,310.77, marking an increase of approximately 400%[74]. - The net cash flow from investment activities was -CNY 261,113,150.32, an improvement from -CNY 416,851,618.10 in the previous year[74]. - The cash inflow from financing activities totaled CNY 401,153,362.26, down from CNY 594,436,209.12, reflecting a decrease of about 32.5%[74]. - The net cash flow from financing activities was -CNY 335,687,526.86, compared to -CNY 182,277,048.60 in the same period last year, indicating a worsening of approximately 84.5%[74]. Investments and R&D - The company has made significant investments in smart manufacturing, with ongoing construction of the second phase of the production line and the Zhangzhou smart manufacturing industrial park[14]. - Research and development expenses rose by 48.68% to ¥270,670,076.09, attributed to an increase in R&D personnel and investment[16]. - Research and development expenses for the current period were ¥270,670,076.09, compared to ¥182,048,722.12 in the previous period, indicating a growth of 48.7%[66]. - The company achieved an investment income of ¥63,915,854.33, a 32.30% increase from ¥48,309,491.68 year-on-year, driven by gains from forward foreign exchange contracts and increased investment income from associates[16]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 20,777, with the largest shareholder, Shenzhen Wanlida Electronics, holding 48.87% of the shares[17]. - The company has a total of 382,026,400 shares held by its largest shareholder, which is pledged[20]. - The company completed the release of 2,420,290 restricted shares and 1,523,846 stock options under the 2018 stock incentive plan on September 24 and 29, 2021, respectively[26]. Management and Corporate Actions - The company appointed Mr. Yang Ming as the new president effective July 1, 2021, for a term of one year[25]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[16]. - The company acquired 3.5699% equity in its Malaysian subsidiary for 7.5957 million Malaysian Ringgit and plans to increase its capital by a total of 50 million Malaysian Ringgit, raising its ownership to 97%[27][28]. Inventory and Other Assets - The company's inventory increased to approximately 1.212 billion RMB from 1.021 billion RMB at the end of 2020, reflecting a growth of about 18.7%[32]. - The company reported a decrease in other receivables to approximately 94.61 million RMB from 118.72 million RMB at the end of 2020, a decline of about 20.3%[32]. - The company’s deferred income decreased to approximately 63.81 million RMB from 72.81 million RMB at the end of 2020, a reduction of about 12.1%[38]. - The company's cash and cash equivalents amounted to approximately 1.288 billion RMB as of September 30, 2021[30].