LONGSHINE(SZ:300682)2021-10-28 16:00Financial Performance - The company's revenue for Q3 2021 reached ¥874,559,380.05, representing a 51.56% increase year-over-year[2] - Net profit attributable to shareholders was ¥66,301,083.52, up 22.43% compared to the same period last year[2] - The net profit after deducting non-recurring gains and losses was ¥63,503,976.44, reflecting a 21.20% increase year-over-year[2] - The company's operating revenue reached ¥2,181,787,091.68, a year-on-year increase of 52.04% driven by the national "dual carbon" strategy and accelerated growth in digital business[8] - Net profit for the current period was ¥161,226,379.24, compared to ¥114,782,349.61 in the previous period, showing an increase of around 40%[24] - Basic earnings per share for the current period were ¥0.1812, compared to ¥0.1428 in the previous period, indicating an increase of approximately 27%[26] Cash Flow and Investments - The company's cash flow from operating activities showed a net outflow of ¥342,469,781.12, a decrease of 76.02% compared to the same period last year[2] - The net cash flow from operating activities was -¥342,469,781.12, a decline of 76.02% compared to the previous period, mainly due to increased upfront investments in energy digital software[10] - The net cash flow from investing activities was -¥391,736,318.89, a significant decrease of 510.68%, primarily due to increased equity investments and bank deposits[10] - Total cash inflow from investment activities was 605,598,729.38 CNY, significantly up from 67,555,162.55 CNY year-over-year[29] - Cash outflow from investment activities reached 997,335,048.27 CNY, compared to 131,702,941.52 CNY in the same period last year, resulting in a net cash flow of -391,736,318.89 CNY from investments[29] Assets and Liabilities - The total assets as of September 30, 2021, amounted to ¥7,772,886,636.55, a slight increase of 0.44% from the end of the previous year[4] - Current assets decreased to CNY 5,152,712,169.71 from CNY 5,471,176,020.13 year-over-year[17] - Total liabilities increased to CNY 2,171,771,371.53 from CNY 2,153,780,856.27 year-over-year[19] - The total assets amounted to 7,777,803,304.43 CNY, reflecting an increase of 39,129,351.01 CNY due to adjustments in non-current assets[34] - Current liabilities totaled CNY 1,451,831,312.98, showing a decrease from CNY 1,468,679,849.97[36] Research and Development - The company reported a significant increase in development expenses, which rose by 72.32% to ¥17,379,356.62, indicating ongoing investment in R&D[7] - Research and development expenses increased by 59.55% to ¥389,223,247.98, attributed to ongoing investment in R&D and increased share-based payment allocations[8] - The company is focusing on expanding its digital business and enhancing R&D capabilities to align with market trends and strategic goals[8] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 13,718, with the top ten shareholders holding significant stakes[11] - Yue Qi Capital Limited held 14.55% of shares, amounting to 150,144,840 shares, making it the largest shareholder[11] Tax and Other Expenses - The company reported a 79.23% decrease in income tax expenses to ¥4,224,609.69, mainly due to tax refunds from subsidiaries benefiting from key software enterprise tax incentives[8] - The cash outflow for employee payments was 1,072,162,071.80 CNY, compared to 745,049,148.47 CNY in the previous year, showing increased labor costs[29] - The company reported a total of CNY 342,954,665.51 in payable employee compensation[36] Compliance and Standards - The company has not undergone an audit for the third quarter report[38] - The report indicates that the new leasing standards were not applicable for the company[38]