FIYTA(SZ:200026)2021-10-25 16:00Financial Performance - The company's operating revenue for Q3 2021 was CNY 1,307,278,222.69, a decrease of 4.06% compared to the same period last year[3] - The net profit attributable to shareholders for Q3 2021 was CNY 109,034,679.41, down 20.44% year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 104,537,027.94, a decrease of 19.42% compared to the previous year[3] - Total operating revenue for Q3 2021 reached ¥4,084,797,744.03, a significant increase of 38.7% compared to ¥2,944,433,436.00 in the same period last year[21] - Net profit for Q3 2021 was ¥342,599,463.24, representing a 59.5% increase from ¥214,794,379.54 in the previous year[22] - Basic and diluted earnings per share for Q3 2021 were both ¥0.7995, compared to ¥0.4940 in the same quarter of the previous year[23] Assets and Liabilities - The total assets at the end of Q3 2021 amounted to CNY 4,145,244,323.84, reflecting a 3.15% increase from the end of the previous year[4] - As of September 30, 2021, the total assets of Feiyada Precision Technology Co., Ltd. amounted to RMB 4,145,244,323.84, an increase from RMB 4,018,712,700.18 at the end of 2020[16] - The company's current assets decreased to RMB 2,913,073,669.77 from RMB 2,954,079,293.74 at the end of 2020, primarily due to a reduction in cash and cash equivalents[16] - The company's total liabilities decreased to RMB 2,913,073,669.77 from RMB 3,000,000,000, indicating a reduction in financial leverage[18] - The total liabilities decreased slightly to ¥1,177,185,763.61 from ¥1,218,752,028.75 year-over-year[22] - The total liabilities increased to 1.22 billion, reflecting a rise in both current and non-current liabilities[30] Cash Flow - Cash flow from operating activities for the year-to-date reached CNY 368,210,753.30, a significant increase of 70.35% year-on-year[3] - Cash flow from operating activities generated a net amount of ¥368,210,753.30, an increase from ¥216,148,827.79 in Q3 2020[25] - The cash received from sales of goods and services for the year-to-date was CNY 4,500,004,848.59, an increase of 45.29% year-on-year[7] - The cash received from sales of goods and services was ¥4,500,004,848.59, an increase from ¥3,097,232,379.30 in Q3 2020[25] - The net cash flow from investment activities was -154.51 million, compared to -90.31 million in the previous year, indicating a significant increase in cash outflow[26] - The total cash inflow from financing activities reached 1.01 billion, up from 722.43 million year-over-year, primarily due to increased borrowings[26] - Cash outflow from financing activities totaled 1.34 billion, compared to 723.49 million in the previous year, leading to a net cash flow from financing activities of -334.22 million[26] - The company's cash and cash equivalents decreased by 121.33 million, resulting in a closing balance of 231.73 million[26] Investments and Expenses - The company reported an increase in long-term equity investments to RMB 53,029,994.16 from RMB 51,400,665.92, reflecting a growth of approximately 3.2%[18] - Research and development expenses for Q3 2021 were ¥40,145,686.42, up from ¥34,765,728.41 in the previous year, indicating a focus on innovation[22] - The company reported a significant increase in tax expenses, which rose by 77.33% to CNY 26,025,661.25 due to increased sales[7] Corporate Governance - The company appointed Dahua Certified Public Accountants as the new auditor for the 2021 financial year, replacing the previous firm[12] - The company signed a financial services agreement with AVIC Finance Co., Ltd. to enhance its financial operations[13] - The board of directors was re-elected, with Zhang Xuhua appointed as the chairman[15] Shareholder Actions - The company repurchased 8,994,086 B-shares, accounting for 2.07% of the total share capital, with a total payment of HKD 58,207,259.08[11] Accounting Changes - The company adopted new leasing standards starting January 1, 2021, which resulted in adjustments to the balance sheet[32]