NEWU(SZ:300472)2021-10-27 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥193,933,299.39, representing a 39.56% increase year-over-year, and a total of ¥533,594,598.17 for the year-to-date, up 71.83% compared to the same period last year[3] - Net profit attributable to shareholders for Q3 2021 was ¥16,593,749.02, a 75.09% increase year-over-year, with a year-to-date total of ¥52,332,807.54, reflecting a 179.62% increase[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was ¥15,344,105.49, up 897.93% year-over-year, and ¥41,321,449.78 for the year-to-date, an increase of 1,540.14%[3] - Basic earnings per share for Q3 2021 was ¥0.06, a 50.00% increase year-over-year, with a year-to-date figure of ¥0.21, up 133.33%[3] - The company reported a net loss of CNY 97,358,292.03, an improvement from a loss of CNY 149,691,099.57 in the previous period[26] - The total profit for the quarter reached CNY 55,291,707.75, compared to CNY 15,921,849.58 in Q3 2020, marking an increase of about 247%[28] - Operating profit for the quarter was CNY 44,318,917.76, compared to CNY 9,181,362.78 in Q3 2020, reflecting an increase of approximately 383%[28] Assets and Liabilities - The company's total assets at the end of Q3 2021 were ¥1,902,669,641.51, a 33.27% increase from the end of the previous year[4] - As of September 30, 2021, the total assets of the company amounted to CNY 1,902,669,641.51, an increase from CNY 1,427,632,688.03 at the end of 2020[22] - The total liabilities decreased to CNY 672,879,716.64 from CNY 703,175,155.43, reflecting a reduction of approximately 4.3%[25] - The company's equity attributable to shareholders increased to CNY 1,205,860,499.34 from CNY 696,871,571.79, marking a growth of about 73%[26] Cash Flow - Cash flow from operating activities for the year-to-date was -¥141,101,739.24, a decrease of 157.32% compared to the same period last year[10] - Cash flow from operating activities showed a net outflow of CNY -141,101,739.24, worsening from CNY -54,834,933.74 in the same period last year[32] - Cash flow from financing activities generated a net inflow of CNY 322,178,164.93, compared to CNY 42,796,685.90 in Q3 2020, indicating a substantial increase[33] - The total cash and cash equivalents at the end of the period were CNY 47,334,960.13, up from CNY 16,626,387.31 at the end of Q3 2020[33] Shareholder Information - The company has a significant shareholder structure with the largest shareholder holding 23,008,820 shares, followed by other major shareholders with holdings ranging from 4,524,641 to 12,102,564 shares[13] - The top ten shareholders hold a total of 23,008,820 shares, representing 4.93% of the total shares[13] - The company has a total of 59,628,202 restricted shares that were released from restrictions on September 15, 2021[16] - The company reported a total of 59,628,202 shares under lock-up restrictions, all of which were released on September 15, 2021[16] - The company completed the issuance of 59,628,202 shares at a price of RMB 7.80 per share, raising a total of RMB 465,099,975.60, with a net amount of RMB 454,533,937.86 after deducting issuance costs[18] Research and Development - Research and development expenses for Q3 2021 amounted to ¥32,100,858.70, a 43.11% increase compared to the previous year, indicating increased investment in R&D projects[10] Market Activities - A sales contract was signed with Shangrao Industrial Supply Chain Management Co., Ltd. for the sale of automated production equipment for silicon waste recycling, amounting to RMB 249.25 million[19] - The company terminated a contract with Qinghai Zelin Silicon Industry Co., Ltd. for the sale of automated production equipment due to the impact of COVID-19, with a total contract value of RMB 209.5 million[19] - The company is actively pursuing market expansion and new product development in the silicon recycling sector[19] Other Financial Metrics - The company's total revenue for the current period reached CNY 533,594,598.17, compared to CNY 310,537,034.04 in the previous period[27] - The total operating costs for the current period were CNY 470,625,813.61, up from CNY 304,815,509.98 in the previous period[27] - The company's cash and cash equivalents increased to CNY 47,334,960.13 from CNY 24,701,861.03 at the end of 2020, representing a growth of approximately 91.2%[23] - Accounts receivable rose significantly to CNY 652,051,785.43 from CNY 384,831,662.62, indicating a growth of about 69.5%[24] - The company's inventory stood at CNY 209,367,117.53, slightly up from CNY 204,557,890.75[24] - The company incurred credit impairment losses of CNY -19,361,985.26, compared to CNY -10,816,285.57 in the previous year[28] - The company has faced uncertainties in contract execution due to potential changes in policies, industry environment, and customer demand[19] - The company has implemented a stock incentive plan, with the first phase of unvested restricted stock being repurchased and canceled[17] - The company has not undergone an audit for the Q3 report, as indicated in the financial statement[34]