Revenue and Profit - The company's revenue for Q3 2021 reached ¥402,306,005.45, representing a 15.29% increase year-over-year, while the year-to-date revenue was ¥1,007,476,834.15, up 32.77% compared to the same period last year[3] - Net profit attributable to shareholders for Q3 2021 was ¥53,259,304.17, a decrease of 3.60% year-over-year, with a year-to-date net profit of ¥104,497,955.33, down 9.33% compared to the previous year[3] - The company's basic and diluted earnings per share for Q3 2021 were both ¥0.45, reflecting a significant decline of 27.70% compared to the same period last year[3] - Total operating revenue for Q3 2021 reached ¥1,007,476,834.15, an increase of 32.7% compared to ¥758,812,811.05 in the same period last year[18] - Net profit for Q3 2021 was ¥113,343,965.30, a decrease of 7.5% from ¥122,401,813.16 in Q3 2020[19] - Earnings per share for Q3 2021 was ¥1.00, down from ¥1.31 in the same quarter last year[19] Assets and Liabilities - Total assets at the end of Q3 2021 amounted to ¥2,663,815,710.54, a 30.28% increase from the end of the previous year, while equity attributable to shareholders rose by 69.68% to ¥1,172,008,647.18[3] - Total current assets as of September 30, 2021, amounted to CNY 1,038,786,989.15, an increase from CNY 762,494,010.66 at the end of 2020, reflecting a growth of approximately 36.2%[14] - The company's total liabilities increased to CNY 1,138,000,000.00, reflecting a rise from the previous period, indicating a growing leverage position[15] - The total liabilities as of the end of Q3 2021 were ¥1,446,694,739.02, an increase from ¥1,333,688,669.26 at the end of Q3 2020[18] - The company's total liabilities decreased by 99.41% for current non-current liabilities due within one year, indicating a reduction in long-term borrowings[8] Cash Flow and Investments - Operating cash flow for the year-to-date period was ¥53,671,539.35, showing a slight increase of 2.08% compared to the previous year[3] - Cash flow from operating activities generated a net amount of ¥53,671,539.35, slightly up from ¥52,579,980.65 in Q3 2020[21] - The net cash flow from investment activities was -233,037,321.75 CNY, compared to -158,015,195.74 CNY in the same period last year, indicating a decline of approximately 47.5%[22] - The total cash inflow from financing activities was 636,072,743.45 CNY, significantly higher than 331,200,000.00 CNY in the previous year, representing an increase of about 92%[22] - The net cash flow from financing activities was 149,459,865.44 CNY, slightly up from 149,170,128.87 CNY year-over-year, showing a marginal increase of 0.2%[22] Research and Development - The company reported a 57.32% increase in R&D expenses, totaling ¥52,581,268.23, due to increased investment in aluminum mold and information technology development[8] - Research and development expenses for the quarter were ¥52,581,268.23, compared to ¥33,423,841.76 in the previous year, reflecting a 57.3% increase[18] Inventory and Receivables - The company’s inventory increased by 47.07% to ¥249,667,603.90, attributed to a significant rise in production scale[7] - Accounts receivable increased significantly to CNY 365,953,952.33 from CNY 284,838,770.79, marking an increase of approximately 28.5%[14] - The company reported a significant increase in other receivables, which rose to CNY 19,843,409.06 from CNY 7,194,164.96, marking an increase of approximately 176%[14] Other Financial Metrics - The company experienced a 36.22% rise in operating costs, amounting to ¥616,779,093.18, primarily due to increased depreciation from rental templates and rising prices of aluminum and steel[8] - Total operating costs amounted to ¥869,406,951.90, up 36.6% from ¥636,432,206.04 year-on-year[18] - The company reported a decrease in sales expenses to ¥117,538,117.05 from ¥80,486,426.77 in the previous year, indicating a 46.0% increase[18] - The company's cash and cash equivalents decreased to CNY 129,260,586.79 from CNY 198,567,671.30, representing a decline of about 35%[14] - The company's fixed assets increased to CNY 1,347,950,201.27 from CNY 1,081,074,848.81, indicating a growth of about 24.7%[15] Audit and Compliance - The company did not undergo an audit for the third quarter report, which may affect the reliability of the financial data presented[28]
志特新材(300986) - 2021 Q3 - 季度财报