晶瑞电材(300655) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 reached ¥445,813,749.80, representing a 56.23% increase year-over-year[4] - Net profit attributable to shareholders was ¥49,959,873.51, up 30.54% compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses was ¥39,164,747.51, showing a significant increase of 146.19% year-over-year[4] - Basic earnings per share for Q3 2021 were ¥0.1469, a 20.31% increase from the previous year[4] - Operating revenue for the first three quarters of 2021 reached ¥1,308,772,837.27, an increase of 83.31% compared to ¥713,961,038.83 in the same period of 2020[12] - The company reported a significant increase in gross profit, with operating profit rising to ¥210,165,183.76, up 171.15% from ¥77,508,387.74 in the previous year[12] - Net profit for the current period was ¥170,785,273.37, compared to ¥65,970,395.75 in the previous period, reflecting an increase of approximately 158.5%[46] - The basic earnings per share for the current period was ¥0.4860, compared to ¥0.1950 in the previous period, showing an increase of about 148.2%[46] Cash Flow and Liquidity - The operating cash flow for the year-to-date period reached ¥165,987,213.56, reflecting a remarkable increase of 2,791.87%[4] - Net cash flow from operating activities increased by 2,791.87% to ¥165,987,213.56 from ¥5,739,781.31 year-on-year[15] - Cash and cash equivalents increased significantly to CNY 681.34 million from CNY 293.76 million, marking a growth of approximately 132.5%[33] - The cash and cash equivalents at the end of the period totaled $643.38 million, significantly higher than $258.59 million at the end of the previous period, representing an increase of approximately 148.5%[53] Assets and Liabilities - Total assets as of September 30, 2021, amounted to ¥2,864,695,734.94, a 37.50% increase from the end of the previous year[6] - The company's total liabilities increased to CNY 1.23 billion from CNY 697.30 million, which is an increase of approximately 76.4%[39] - The total amount of short-term borrowings increased by 32.70% to ¥210,844,782.12, compared to ¥158,893,937.48 in the previous period[12] - The company’s long-term investments increased to CNY 126.72 million from CNY 54.72 million, showing a growth of approximately 131.1%[36] Shareholder Information - The major shareholders, Li Hulin and Xu Ping, hold a combined 10.87% of the company's shares as acting in concert[20] - The company has a total of 21,150,211 restricted shares held by Li Hulin, with no shares released during the period[20] - Xu Ping holds 15,864,509 restricted shares, with no shares released during the period[20] - The company has completed the repurchase and cancellation of 36,561 restricted shares due to performance assessment failures[30] Government Support and Investments - The company received government subsidies totaling ¥9,150,715.63 for the year-to-date period, contributing to its financial performance[7] - The company has seen a substantial increase in long-term equity investments, which reached ¥126,716,124.08, a 131.58% increase year-over-year[9] Future Plans and Strategic Initiatives - The company plans to release 25% of the restricted shares after the expiration of the lock-up period for executives[30] - The company plans to continue expanding its market presence and developing new products and technologies as part of its strategic initiatives[35] - The company has plans for further market expansion and product development as indicated in the quarterly report[29] Audit and Compliance - The third quarter report was not audited, which may affect the reliability of the financial data presented[57]