RC(SZ:300596)2021-10-25 16:00Financial Performance - The company's operating revenue for Q3 2021 was CNY 908,688,500.71, representing a 51.90% increase year-over-year[5] - The net profit attributable to shareholders for the same period was CNY 113,429,064.83, up 44.71% compared to the previous year[5] - The net profit after deducting non-recurring gains and losses reached CNY 105,587,981.72, reflecting a 41.40% increase year-over-year[5] - The basic earnings per share for Q3 2021 was CNY 0.5533, an increase of 44.73% from the same period last year[5] - Operating revenue increased by 45.30% to CNY 2,525,413,022.81, driven by higher sales volume[12] - Net profit for the period was ¥307,683,631.06, representing a 43.9% increase compared to ¥213,809,574.90 in the same period last year[39] - Total operating revenue for the period reached ¥2,525,413,022.81, a 45.4% increase from ¥1,738,123,215.76 in the previous period[36] - Total comprehensive income for the period was ¥303,831,382.46, up from ¥212,170,880.48, reflecting overall growth in financial performance[39] Assets and Liabilities - Total assets at the end of Q3 2021 amounted to CNY 5,091,511,322.89, a 33.52% increase from the end of the previous year[5] - The total assets of the company reached RMB 5,091,511,322.89, a significant increase from RMB 3,813,249,520.04, marking a growth of 33.6%[28] - The company's total equity attributable to shareholders increased to CNY 2,407,011,693.12, a rise of 11.67% from the previous year[5] - The total liabilities increased to ¥2,587,883,636.97, up from ¥1,633,086,589.43, indicating a significant rise in financial obligations[36] - Non-current liabilities totaled ¥727,025,996.92, compared to ¥408,142,561.94 in the previous period, showing a 78.1% increase[36] Cash Flow - The company's cash flow from operating activities for the year-to-date was CNY 148,231,926.49, showing a significant increase of 132.35%[5] - Cash received from operating activities increased by 41.13% to CNY 1,730,245,459.86, reflecting revenue growth[12] - Operating cash flow for the current period reached ¥148,231,926.49, a significant increase of 132.2% compared to ¥63,795,711.71 in the previous period[43] - Cash inflow from operating activities totaled ¥1,829,937,461.01, up from ¥1,299,294,257.04, reflecting a growth of 40.9%[43] Inventory and Borrowings - The company reported a significant increase in inventory, which reached CNY 777,238,976.86, a 42.43% increase due to higher sales volume[9] - Short-term borrowings increased by 65.63% to CNY 645,645,114.25, primarily to meet the increased working capital needs[9] - Long-term borrowings increased by 86.35% to CNY 681,527,958.95, reflecting higher bank financing to meet project funding needs[12] Equity and Investments - The company's total equity reached ¥2,503,627,685.92, up from ¥2,180,162,930.61, indicating a growth of 14.8%[36] - The company completed a capital increase subscription for Inner Mongolia Unik Materials Technology Co., which has been renamed to Lianlong (Inner Mongolia) New Materials Co., establishing a second production base for its HALS product line[21] - The company is in the process of acquiring 92.2109% equity of Jinjou Kangtai Lubricant Additive Co., which is pending regulatory approval[24] Research and Development - Research and development expenses for the period were ¥110,186,939.55, an increase from ¥88,784,591.07, highlighting a focus on innovation[36] Other Financial Metrics - The weighted average return on equity was 4.83%, up 26.11% compared to the previous year[5] - The company reported a decrease in other comprehensive income, with a net amount of -¥3,852,248.60 compared to -¥1,638,694.42 in the previous period[39] - The company has not undergone an audit for the third quarter report[57] - The report indicates that the company has implemented new leasing standards starting from 2021[57]