HYMD(600971)2021-10-28 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥1,746,962,068.51, an increase of 53.47% compared to the same period last year[7]. - The net profit attributable to shareholders was ¥319,128,449.78, reflecting a significant increase of 1,557.17% year-on-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses reached ¥337,619,955.82, up 3,022.15% from the previous year[7]. - The basic earnings per share for the quarter was ¥0.2659, an increase of 1,562.12% compared to the same period last year[10]. - Net profit for the third quarter of 2021 was CNY 815,247,998.85, up from CNY 411,855,415.72 in the same quarter of 2020, reflecting a growth of approximately 98%[35]. - The total comprehensive income for the period was approximately CNY 815.25 million, compared to CNY 411.86 million in the previous period, representing an increase of about 97.8%[37]. - Basic and diluted earnings per share increased to CNY 0.6775 from CNY 0.3408, reflecting a growth of approximately 98.7%[37]. Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥16,564,261,652.20, representing a 4.67% increase from the end of the previous year[10]. - The total assets of the company as of the end of the reporting period were CNY 16,564,261,652.20, compared to CNY 15,824,789,879.09 at the end of the previous year, showing an increase of approximately 4.66%[32]. - Total liabilities increased to CNY 6,867,098,589.08 from CNY 6,382,027,652.72, representing a growth of about 7.6%[32]. - The company's equity attributable to shareholders reached CNY 9,595,432,157.79, up from CNY 9,343,252,225.11, indicating an increase of approximately 2.7%[32]. - The company's short-term borrowings decreased to CNY 1,071,085,808.22 from CNY 1,171,469,829.15, reflecting a reduction of about 8.5%[32]. Cash Flow - Cash flow from operating activities for the year-to-date was ¥1,296,237,986.99, an increase of 16.19% compared to the previous year[10]. - Net cash flow from operating activities was CNY 1.30 billion, up from CNY 1.12 billion, indicating an increase of about 16.2%[42]. - Cash inflow from operating activities totaled CNY 6.54 billion, compared to CNY 5.00 billion in the previous period, marking a rise of approximately 30.7%[42]. - Cash outflow from operating activities increased to CNY 5.24 billion from CNY 3.89 billion, which is an increase of about 34.7%[42]. - Net cash flow from investing activities was negative at CNY -641.42 million, compared to CNY -299.83 million in the previous period, indicating a decline in investment cash flow[43]. - Cash flow from financing activities resulted in a net outflow of CNY -528.76 million, an improvement from CNY -805.80 million in the previous period[43]. - The ending balance of cash and cash equivalents was CNY 5.58 billion, up from CNY 5.24 billion, reflecting an increase of approximately 6.4%[43]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 35,433[20]. - The largest shareholder, Anhui Wanbei Coal and Electricity Group Co., Ltd., holds 659,538,889 shares, accounting for 54.96% of total shares[20]. Research and Development - Research and development expenses increased by 155.94% due to the orderly progress of R&D projects this period[15]. - Research and development expenses for the first three quarters of 2021 amounted to CNY 211,783,793.86, significantly higher than CNY 82,748,206.65 in 2020, marking an increase of about 156%[35]. - The company plans to continue investing in R&D to enhance its product offerings and market competitiveness[35]. Investments and Acquisitions - The company reported a significant increase in investment income by 60.46%, attributed to higher profits from joint ventures[15]. - The company acquired equity in Hengtai Company, impacting cash flow from investing activities[15]. - There are no major market expansions or acquisitions mentioned in the latest report[22]. Inventory and Receivables - Accounts receivable stand at ¥1,622,569,384.22, up from ¥1,590,099,586.84 year-on-year[27]. - Inventory is reported at ¥288,468,670.79, a decrease from ¥316,586,687.99 in the previous year[27]. Fixed Assets - Fixed assets are valued at ¥3,220,157,682.16, down from ¥3,354,944,888.50 in the previous year[27]. - The company has a total current asset of ¥8,105,062,731.23, compared to ¥8,061,110,758.48 in the previous year[27]. Other Information - The company has no significant new product launches or technological developments reported in the current quarter[22].