BJCA(SZ:300579)2021-10-26 16:00Revenue and Profit - The company's revenue for Q3 2021 was CNY 207,022,907.48, representing a 0.30% increase year-over-year, while the year-to-date revenue reached CNY 506,013,906.54, up 24.41% compared to the same period last year [4] - The net profit attributable to shareholders for Q3 2021 was CNY 16,839,614.98, a decrease of 44.21% year-over-year, with a year-to-date net profit of CNY 20,968,269.01, reflecting a 24.22% increase [4] - The basic earnings per share for Q3 2021 was CNY 0.0936, down 44.19% from the same period last year, while the diluted earnings per share also stood at CNY 0.0936 [4] - Total operating revenue for the current period reached ¥506,013,906.54, an increase of 24.4% compared to ¥406,733,379.42 in the previous period [26] - Net profit for the current period was ¥21,623,033.50, representing a 23.5% increase from ¥17,444,895.69 in the previous period [29] - Basic and diluted earnings per share were both ¥0.1165, compared to ¥0.0938 in the previous period, reflecting a 24.5% increase [32] Assets and Liabilities - The company's total assets at the end of Q3 2021 were CNY 1,514,460,871.23, an increase of 1.43% from the end of the previous year [4] - As of September 30, 2021, the total assets of Beijing Digital Certification Co., Ltd. amounted to RMB 1,514,460,871.23, an increase from RMB 1,493,100,666.51 at the end of 2020 [24] - The total liabilities increased to RMB 749,220,194.57 compared to RMB 733,232,323.35 in the previous period [25] - The total assets increased from 1,493,100,666.51 to 1,549,727,535.67, reflecting a growth of 56,626,869.16 [39] - The total liabilities rose from 733,232,323.35 to 789,859,192.51, an increase of 56,626,869.16 [42] Cash Flow - Cash flow from operating activities for the year-to-date period was CNY -153,648,354.30, showing a 6.33% improvement compared to the same period last year [4] - The company reported a total of ¥608,989,860.67 in cash inflows from operating activities, compared to ¥430,979,761.07 in the previous period, marking a 41.4% increase [33] - The net cash flow from investing activities was -229,317,198.78, compared to -176,136,128.71 in the previous period, indicating an increase in cash outflow [36] - Total cash and cash equivalents at the end of the period amounted to 289,484,897.53, down from 309,234,455.41 in the previous period [36] Operating Costs and Expenses - The company's operating costs increased by 34.77% year-over-year, primarily due to the expansion of business scale [10] - Total operating costs amounted to ¥485,947,913.41, up 24.1% from ¥391,345,200.12 in the previous period [26] - Research and development expenses increased to ¥108,954,338.76, up 12.1% from ¥97,159,354.61 in the previous period [26] - Sales expenses rose to ¥92,602,571.70, an increase of 22.2% compared to ¥75,781,346.03 in the previous period [26] - Tax expenses for the current period were ¥2,955,769.33, compared to ¥1,990,674.50 in the previous period, reflecting a 48.5% increase [29] Inventory and Receivables - The company experienced a 64.60% increase in inventory at the end of Q3 2021, mainly due to rising project implementation costs [7] - The accounts receivable rose to RMB 313,878,983.90 from RMB 292,559,766.10, indicating a growth of approximately 7.5% [19] - The inventory increased to RMB 342,186,434.86 from RMB 207,892,767.84, reflecting a growth of about 64.4% [19] Financing Activities - The company reported a 100% increase in short-term borrowings at the end of Q3 2021, primarily due to increased borrowings by its subsidiary [7] - The cash inflow from financing activities was 10,000,000.00, up from 5,000,000.00 in the previous period [36] - The cash outflow from financing activities increased to 37,980,682.85 from 18,338,381.94, indicating higher cash distribution [36] Other Financial Metrics - The company received government subsidies amounting to CNY 6,421,020.77 for the year-to-date period, contributing to the reduction in deferred income by 53.91% [6] - The total equity attributable to the parent company reached RMB 758,338,559.56, slightly up from RMB 755,235,984.81 [25] - The company reported retained earnings of ¥379,625,402.38 [45] - Minority interests were recorded at ¥4,632,358.35 [45] - The third quarter report was not audited [46]