Goaland(SZ:300499)2021-10-26 16:00Financial Performance - The company's revenue for Q3 2021 reached ¥423,537,638.45, representing a 34.67% increase compared to the same period last year[5] - The net profit attributable to shareholders was ¥18,942,011.50, an increase of 13.47% year-on-year, while the net profit after deducting non-recurring gains and losses was ¥17,632,173.31, up 37.32%[5] - Year-to-date revenue as of Q3 2021 totaled ¥1,062,653,622.23, reflecting a 29.66% increase compared to the same period last year[5] - Total operating revenue for Q3 2021 reached ¥1,062,653,622.23, an increase of 29.7% compared to ¥819,565,109.59 in Q3 2020[40] - Operating profit for Q3 2021 was ¥77,772,135.84, compared to ¥61,854,877.32 in Q3 2020, representing a growth of 25.7%[40] - Net profit for Q3 2021 after tax was ¥64,894,200.98, an increase of 49.5% from ¥43,563,202.42 in Q3 2020[40] - The net profit for Q3 2021 was CNY 64,894,200.98, an increase from CNY 56,563,202.42 in the same period last year[41] - The net profit attributable to the parent company was CNY 35,759,992.81, down from CNY 43,885,893.32 year-over-year[41] - The total comprehensive income for the period was CNY 64,894,200.98, compared to CNY 55,981,165.47 in the previous year[41] Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥91,623,462.97, which is a 40.62% increase in outflow compared to the previous year[5] - Cash inflows from operating activities totaled CNY 725,677,809.75, up from CNY 440,116,421.62 in the previous year[43] - Cash outflows from operating activities increased to CNY 817,301,272.72 from CNY 594,405,366.48 year-over-year[43] - The net cash flow from operating activities was negative at CNY -91,623,462.97, an improvement from CNY -154,288,944.86 in the previous year[43] - The net cash flow from investing activities was CNY -47,880,827.28, compared to CNY -84,134,687.40 in the same period last year[44] - The net cash flow from financing activities was CNY -65,907,482.50, a decrease from CNY 151,534,185.88 in the previous year[44] - The ending cash and cash equivalents balance was CNY 146,213,794.04, up from CNY 126,071,760.28 year-over-year[44] Assets and Liabilities - Total assets at the end of Q3 2021 were ¥2,206,483,740.17, a slight increase of 0.17% from the end of the previous year[6] - Total liabilities decreased to ¥1,133,148,951.38 from ¥1,178,703,958.85, a reduction of 3.9%[38] - Shareholders' equity increased to ¥1,073,334,788.79, up from ¥1,024,106,489.10, reflecting a growth of 4.8%[38] - Current liabilities totaled CNY 897,031,698.28, with short-term borrowings at CNY 240,419,967.52 and accounts payable at CNY 349,069,879.15[48] - Non-current liabilities reached CNY 281,672,260.57, including long-term borrowings of CNY 65,636,740.00 and bonds payable of CNY 182,668,426.88[48] Shareholder Information - The total number of common shareholders at the end of the reporting period is 13,753[15] - The largest shareholder, Li Qi, holds 16.87% of shares, totaling 47,128,527 shares, with 10,000,000 shares pledged[15] - The company has repurchased a total of 2,999,060 shares, accounting for 1.07% of the total share capital, with a total expenditure of 25,054,491.40 RMB[23] - The highest transaction price for repurchased shares was 13.86 RMB per share, while the lowest was 7.68 RMB per share[23] - The company completed the repurchase and cancellation of 340,470 restricted stocks from 14 departing incentive recipients, reducing the number of incentive recipients from 149 to 135[32] Investments and R&D - Research and development expenses for the year-to-date period reached ¥52,550,545.50, a 37.20% increase compared to the same period last year, indicating a significant investment in innovation[12] - The company established the Qingdao Gaolan Jianhua Industrial Investment Fund with a total fund size of RMB 100 million, contributing RMB 80 million as a limited partner[27] - The company also set up the Guangdong Foshan Danlu Gaolan Equity Investment Partnership with a total fund size of RMB 42.1 million, contributing RMB 22 million[28] - The company established a wholly-owned subsidiary, Hainan Gaolan Technology Co., Ltd., with an investment of RMB 50 million[31] Other Notable Events - The company was re-certified as a high-tech enterprise, valid for three years, as of December 9, 2020[29] - The company was awarded the title of "Specialized, Refined, Characteristic, and Innovative 'Little Giant' Enterprise" by the Ministry of Industry and Information Technology, valid for three years[33] - The company disposed of its 20% stake in Hunan Senge Precision Machinery Co., Ltd., receiving a total payment of RMB 1.2138 million[34] - The company reduced the shareholding of a major shareholder, Wu Wenwei, below 5% by selling 850,000 shares, accounting for 0.31% of the total share capital[30] Audit and Reporting - The company did not conduct an audit for the third-quarter report[50] - The report was released by the board of directors on October 27, 2021[52]