DAYE(SZ:300879)2021-10-25 16:00Financial Performance - The company's revenue for Q3 2021 reached ¥281,191,825.99, representing a 187.41% increase compared to the same period last year[3] - Net profit attributable to shareholders was ¥8,729,002.84, up 135.97% year-on-year[3] - The company's basic earnings per share for the period was ¥0.05, reflecting a 66.67% increase year-on-year[3] - Revenue for the year-to-date reached ¥1,193,354,858.3, an increase of 53.22% compared to ¥778,838,432.31 in the same period last year[8] - Net profit for the period was CNY 72,138,931.93, representing a year-over-year increase of 15.5% from CNY 62,523,849.25[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,137,098,581.93, an increase of 16.84% from the end of the previous year[3] - Current assets amounted to CNY 1,159,984,833.59, up from CNY 953,147,456.49, indicating a growth of about 21.7% year-over-year[18] - Total liabilities increased to CNY 1,164,619,254.00, compared to CNY 909,790,008.85 in the previous period, indicating a rise in financial obligations[22] - The company's total equity reached CNY 972,479,327.93, an increase from CNY 919,262,808.91, showing growth in shareholder value[22] Cash Flow - The company’s cash flow from operating activities showed a net outflow of -¥49,483,978.88, a decline of 114.45% year-to-date[3] - The net cash flow from operating activities decreased by 114.45% to -¥49,483,978.88, primarily due to rising raw material prices and increased employee compensation[8] - The net cash flow from investment activities was -104,802,020.44 CNY, compared to -136,290,758.44 CNY in the previous year, indicating an improvement of approximately 23%[27] - The total cash inflow from financing activities was 707,998,383.01 CNY, a decrease of about 12% from 804,611,396.47 CNY in the same period last year[27] - The net cash flow from financing activities was 235,653,964.47 CNY, showing an increase of approximately 9% compared to 216,114,746.94 CNY in the previous year[27] Expenses - Operating costs increased by 56.95% to ¥981,735,531.74 from ¥625,489,283.09, primarily due to the growth in sales volume[8] - Sales expenses rose by 83.44% to ¥40,546,133.04, attributed to increased marketing costs and personnel as the company expanded into overseas markets[8] - Financial expenses surged by 243.21% to ¥15,188,329.97, mainly due to increased interest expenses from short-term loans and foreign exchange losses[8] - Research and development expenses increased to CNY 42,204,730.81, up from CNY 35,391,941.92, reflecting a focus on innovation[22] Shareholder Information - The company has a total of 17,258 common shareholders as of the report date[10] - The largest shareholder, Zhejiang Jindaye Holdings, holds 33.00% of the shares, totaling 52,800,000 shares[11] Other Financial Metrics - The weighted average return on equity was 0.90%, down 0.34% from the previous year[3] - The company reported a significant decrease of 86.27% in trading financial assets, totaling ¥2,194,771.28, due to the maturity of certain forward foreign exchange products[7] - Deferred income tax liabilities decreased by 86.27% to ¥329,215.69, reflecting a reduction in tax expenses related to fair value changes[8] - The company reported a significant drop in other comprehensive income, which decreased by 638.36% to -¥3,380,212.51, mainly due to increased foreign currency translation differences[8] - Other comprehensive income after tax was CNY -2,922,412.91, a decline from CNY 803,441.03 in the previous period, reflecting unfavorable market conditions[23] Market Conditions - The company is subject to an anti-dumping duty of 88.14% and a countervailing duty of 14.17% on exports of gasoline lawnmowers to the U.S.[15] Audit and Compliance - The third quarter report was not audited, which may affect the reliability of the financial data presented[29]