ToLand(SZ:300855)2021-10-18 16:00Revenue and Profitability - Revenue for Q3 2021 reached ¥173,335,612.83, an increase of 13.13% compared to the same period last year[5] - Net profit attributable to shareholders was ¥42,176,354.87, up 11.29% year-on-year, while net profit excluding non-recurring items was ¥37,117,320.50, a 4.21% increase[5] - Year-to-date revenue totaled ¥520,792,899.34, reflecting a growth of 27.23% compared to the previous year[5] - Year-to-date net profit attributable to shareholders increased by 69.31% to ¥131,476,414.46, driven by increased downstream demand and changes in product sales structure[10] - Net profit for the current period was ¥131,476,414.46, representing a 69.2% increase compared to ¥77,652,664.24 in the previous period[47] - Basic earnings per share increased to ¥0.66 from ¥0.48, reflecting a 37.5% growth[47] - The total profit for the current period was ¥153,507,931.48, compared to ¥88,920,186.44 in the previous period, reflecting a 72.7% increase[47] Cash Flow and Financial Position - Cash flow from operating activities for the year-to-date period was ¥88,845,152.93, a significant increase of 64.30%[13] - Cash flow from operating activities generated a net amount of ¥88,845,152.93, compared to ¥54,073,935.42 in the previous period, marking a 64.3% increase[50] - Cash inflow from investment activities totaled ¥285,662,259.59, significantly higher than ¥141,000.00 in the previous period[50] - The company recorded a cash outflow from investment activities of ¥487,595,801.92, compared to ¥283,396,108.75 in the previous period[50] - Cash inflow from financing activities totaled $520,304,245.28, with $20,000,000.00 from new borrowings[54] - Cash outflow from financing activities amounted to $135,569,659.22, including $40,418,852.66 in dividend payments[54] - Net cash flow from financing activities was -$20,418,852.66, indicating a decrease in cash from financing[54] - The net increase in cash and cash equivalents was -$133,650,988.94, showing a decline compared to the previous period[54] - The ending balance of cash and cash equivalents was $127,031,543.29, down from $260,682,532.23 at the beginning of the period[54] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,300,927,469.29, representing a 17.37% increase from the end of the previous year[8] - The company's total liabilities amounted to RMB 131.39 million, an increase from RMB 47.31 million year-over-year[40] - The total equity attributable to the parent company increased to RMB 1.17 billion from RMB 1.06 billion year-over-year[42] - Total current assets increased to RMB 893.25 million from RMB 846.31 million year-over-year[34] - Inventory grew by 40.43% to ¥270,961,918.21, driven by increased production to meet demand[14] Shareholder Information - The total number of common shareholders at the end of the reporting period was 13,801, with the top ten shareholders holding a combined 54.89%[18] - The largest shareholder, Wan Baifang, holds 27.84% of the shares, totaling 55,672,000 shares[18] - A total of 76,010,000 shares, accounting for 38.0050% of the total share capital, were released from restrictions on July 23, 2021[26] - The actual number of shares available for trading after the release was 56,600,551, representing 28.3003% of the total share capital[26] Expenses and Investments - Management expenses increased by 80.39% to ¥31,855,866.89 due to the implementation of an equity incentive plan[17] - R&D expenses rose by 110.71% to ¥39,230,753.39, driven by increased investment in R&D projects[17] - Financial expenses decreased by 161.55% to -¥1,251,594.17, attributed to increased interest income from bank deposits and reduced interest expenses after loan repayment[17] - Other income surged by 209.46% to ¥31,824,836.45, mainly due to an increase in product tax refunds received[17] - Investment income amounted to ¥10,595,138.89, resulting from cash management of temporarily idle raised funds and interest income from bank wealth management products[17] Audit and Compliance - The company changed its auditing firm to Lixin Certified Public Accountants for the 2021 audit due to the expiration of the contract with Suya Jincheng[33] - The third quarter report was not audited, which may affect the reliability of the financial data presented[55]