TJT(SZ:002977)2021-10-21 16:00Financial Performance - The company's revenue for Q3 2021 reached ¥102,007,734.52, representing a 99.45% increase year-over-year[4] - Net profit attributable to shareholders was ¥40,665,843.78, a significant increase of 292.09% compared to the same period last year[4] - The basic earnings per share (EPS) was ¥0.57, reflecting a 280.00% increase year-over-year[4] - Total operating revenue for Q3 2021 reached ¥268,863,997.13, a significant increase of 90% compared to ¥141,536,106.53 in the same period last year[20] - The net profit for Q3 2021 was CNY 88,716,711.28, a significant increase of 129% compared to CNY 38,730,267.86 in the same period last year[21] - Operating profit for the quarter was CNY 104,378,779.56, compared to CNY 45,570,587.81 in Q3 2020, marking an increase of 129%[21] - The total comprehensive income for the quarter was CNY 88,716,711.28, reflecting a 129% increase from CNY 38,730,267.86 in the previous year[22] - The company experienced a significant increase in sales revenue, with cash received from sales reaching CNY 122,151,160.00, compared to CNY 56,629,517.88 in the same quarter last year[24] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥1,217,020,574.82, an increase of 8.29% from the end of the previous year[5] - Total assets as of September 30, 2021, amounted to ¥1,217,020,574.82, an increase from ¥1,123,832,495.50 at the end of 2020, reflecting a growth of about 8.4%[17] - Total liabilities increased to ¥225,640,030.69 from ¥199,718,662.65 at the end of 2020, marking an increase of approximately 13%[18] - The company's total equity reached ¥991,380,544.13 as of September 30, 2021, up from ¥924,113,832.85 at the end of 2020, representing a growth of about 7.3%[18] Cash Flow - The company reported a net cash flow from operating activities of -¥22,004,178.32, an improvement of 33.86% compared to the previous year[10] - Cash flow from operating activities showed a net outflow of CNY 22,004,178.32, an improvement from a net outflow of CNY 33,269,257.81 in the previous year[26] - Investment activities generated a net cash flow of -¥72,538,308.86, a decrease of 81.38% from the previous year, attributed to reduced purchases of wealth management products[10] - Total cash inflow from investment activities was CNY 313,009,386.39, compared to CNY 171,850,356.16 in the same quarter last year[26] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,122[12] - The company's equity attributable to shareholders increased to ¥991,380,544.13, up 7.28% from the previous year-end[5] Inventory and Receivables - Accounts receivable rose by 37.25% to ¥472,113,164.75, driven by business growth[9] - Accounts receivable increased to ¥472,113,164.75, compared to ¥343,975,523.90 at the end of 2020, indicating a growth of approximately 37.3%[16] - Inventory as of September 30, 2021, was ¥76,404,393.25, slightly up from ¥73,280,357.84 at the end of 2020, indicating a year-over-year increase of about 4.3%[16] Research and Development - Research and development expenses rose to CNY 8,582,071.23, up 24.6% from CNY 6,888,045.66 in Q3 2020[21] Future Outlook - Future outlook includes potential market expansion and new product development, although specific strategies were not detailed in the provided content[20] Government Subsidies - The company received government subsidies totaling ¥600,000.00 during the reporting period, contributing to other income growth[7] Cash and Cash Equivalents - Cash and cash equivalents decreased to ¥341,190,598.31 as of September 30, 2021, down from ¥457,499,639.63 at the end of 2020, representing a decline of about 25.5%[16] - The cash and cash equivalents at the end of the period stood at CNY 337,945,303.73, compared to CNY 80,499,339.02 at the end of Q3 2020[26] Other Financial Metrics - The company reported a net profit margin improvement, with net profit for the period increasing significantly, although specific figures were not disclosed in the provided content[20] - The company did not require adjustments to the balance sheet for the initial application of the new leasing standards[27]