亿田智能(300911) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 reached ¥307,673,789.75, representing a 40.68% increase year-over-year[3] - Net profit attributable to shareholders was ¥63,914,483.48, a significant increase of 105.12% compared to the same period last year[3] - The basic earnings per share for the quarter was ¥0.6, reflecting a 20.00% growth year-over-year[3] - Total operating revenue for the first nine months of 2021 reached ¥808.52 million, a year-on-year increase of 68.61% compared to ¥479.52 million in 2020[9] - Net profit for the first nine months of 2021 was ¥155.51 million, reflecting a 62.80% increase from ¥95.52 million in the same period last year[9] - Operating profit for the first nine months of 2021 was ¥174.23 million, up 58.52% from ¥109.91 million in 2020[9] - The total profit for the first nine months of 2021 was ¥177.80 million, a 61.10% increase from ¥110.36 million in the same period last year[9] - The net profit for Q3 2021 was CNY 155,511,410.50, representing an increase of 62.8% compared to CNY 95,523,658.56 in the same period last year[20] - Operating profit for Q3 2021 reached CNY 174,227,816.16, up from CNY 109,911,173.44, indicating a growth of 58.2% year-over-year[20] Assets and Liabilities - Total assets increased to ¥1,618,974,668.78, marking a 14.78% rise from the previous year-end[4] - The company's equity attributable to shareholders rose to ¥1,128,176,214.36, a 9.96% increase compared to the end of the previous year[4] - Total liabilities increased to ¥490,798,454.42, up from ¥384,509,758.36 at the end of 2020, marking a rise of 27.7%[17] - Cash and cash equivalents at the end of the period amounted to ¥773.23 million, a 113.91% increase from ¥361.47 million in the previous year[9] - The company's cash and cash equivalents decreased to ¥773,385,496.65 as of September 30, 2021, down from ¥838,564,150.78 at the end of 2020, representing a decline of 7.8%[15] Cash Flow - The company reported a net cash flow from operating activities of ¥180,721,733.69, which is a 34.26% increase year-to-date[3] - The company experienced a 34.26% increase in net cash flow from operating activities, reaching ¥180.72 million compared to ¥134.61 million in 2020[9] - The cash flow from operating activities generated a net amount of CNY 180,721,733.69, compared to CNY 134,607,961.43 in the same quarter last year, marking an increase of 34.3%[24] Expenses - Research and development expenses increased by 46.20% to ¥32.30 million, up from ¥22.10 million, indicating a stronger focus on new product development[9] - Sales expenses surged by 126.60% to ¥156.43 million, compared to ¥69.03 million, primarily due to increased advertising and sales team costs[9] - The company incurred financial expenses of CNY -22,757,867.79, compared to CNY -5,355,096.85 in the previous year, indicating a significant increase in financial costs[20] Inventory and Receivables - Accounts receivable surged by 126.00% to ¥56,232,254.25, primarily due to a sales policy allowing credit support for select distributors[8] - Inventory levels increased by 72.54% to ¥107,439,786.70, driven by higher sales and corresponding increases in raw materials and semi-finished products[8] - Accounts receivable increased to ¥56,232,254.25, up 126.4% from ¥24,881,444.25 at the end of 2020[15] - Inventory levels rose to ¥107,439,786.70, an increase of 72.5% compared to ¥62,268,097.06 at the end of 2020[15] Other Income and Subsidies - The company recorded a total of ¥635,305.15 in government subsidies related to normal business operations during the quarter[6] - The company reported a significant increase in other income, which rose by 688.36% to ¥4.86 million, compared to ¥0.62 million in the previous year[9] Future Plans - The company has implemented a restricted stock incentive plan, granting 170.95 million shares to 85 participants at a price of ¥30.01 per share[13] - The company plans to continue expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[13]