Eazytec(688258)2021-10-26 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥70,898,902.13, representing a year-on-year increase of 22.23%[5] - The net profit attributable to shareholders for the same period was ¥20,168,479.09, reflecting a growth of 10.60% compared to the previous year[5] - The net profit after deducting non-recurring gains and losses was ¥14,983,820.11, with a year-on-year increase of 5.56%[5] - Total operating revenue for the first three quarters of 2021 reached RMB 167.62 million, a 25.6% increase from RMB 133.41 million in the same period of 2020[22] - Net profit for the first three quarters of 2021 was RMB 48.99 million, representing a 12.7% increase compared to RMB 43.52 million in the same period of 2020[23] - Basic earnings per share for the third quarter of 2021 was RMB 0.56, up from RMB 0.50 in the same quarter of 2020[24] - The company reported a total comprehensive income of RMB 48.99 million for the first three quarters of 2021, compared to RMB 43.52 million in the same period of 2020[24] Research and Development - Research and development expenses totaled ¥11,150,611.04, accounting for 15.73% of operating revenue, which is an increase of 0.34 percentage points from the previous year[6] - Research and development expenses for the first three quarters of 2021 were RMB 29.23 million, an increase of 18.8% from RMB 24.60 million in the same period of 2020[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,160,025,382.75, marking a 15.27% increase compared to the end of the previous year[6] - As of September 30, 2021, the total assets of the company amounted to RMB 1,160,025,382.75, an increase from RMB 1,006,316,001.06 at the end of 2020[18] - The company's total current assets were RMB 799,203,373.95, slightly down from RMB 810,395,463.54 at the end of 2020[16] - The total non-current assets increased to RMB 360,822,008.80 from RMB 195,920,537.52 in the previous year[17] - The company's total liabilities reached RMB 241,461,876.29, up from RMB 104,206,047.04 at the end of 2020[18] - Total liabilities amounted to 104,206,047.04 RMB, with an increase of 885,858.89 RMB compared to the previous year[31] - The total equity attributable to shareholders was RMB 914,593,289.65, compared to RMB 902,109,954.02 at the end of 2020[18] - The total equity attributable to shareholders was 902,109,954.02 RMB, reflecting a minor decrease of -32,497.70 RMB[31] Cash Flow - The cash flow from operating activities showed a net decrease of 53.01% year-on-year, primarily due to a significant reduction in government subsidies received[10] - Cash flow from operating activities for the first three quarters of 2021 was RMB 28.14 million, down 53.1% from RMB 59.88 million in the same period of 2020[27] - The net cash flow from financing activities was 83,225,176.55 RMB, a significant increase compared to -19,359,874.57 RMB in the previous year[28] - The total cash and cash equivalents at the end of the period amounted to 215,174,922.92 RMB, up from 207,909,205.46 RMB at the beginning of the period, reflecting a net increase of 7,265,717.46 RMB[28] - Cash inflow from investment activities was RMB 1,079.90 million, a decrease from RMB 1,470.50 million in the previous year[27] - Cash outflow from investment activities totaled RMB 1,184.00 million, compared to RMB 1,578.79 million in the same period of 2020[27] - The cash flow from financing activities increased significantly, indicating a strong capital raising effort during the quarter[28] - The company maintained a stable cash position despite fluctuations in cash flow, demonstrating effective liquidity management[28] Shareholder Information - The company had a total of 7,360 common shareholders at the end of the reporting period[12] - The largest shareholder, Xie Qian, holds 43.05% of the shares, totaling 37,430,696 shares[13] - The company reported a total of 498,557 shares in its repurchase account, representing 0.57% of the total share capital[14] Government Subsidies - The company reported a total of ¥3,614,005.06 in government subsidies recognized in the current period, closely related to its normal business operations[9] Borrowings and Investments - The company's short-term borrowings rose significantly to RMB 150,154,646.81 from RMB 30,338,125.00 at the end of 2020[18] - The company’s long-term equity investments increased to RMB 5,278,807.84 from RMB 4,661,294.88 in the previous year[17] Accounting Changes - The company adopted the new leasing standards starting January 1, 2021, which impacted the accounting treatment of leases[31] Operational Changes - The adjustments in current and non-current assets reflect ongoing operational changes and strategic financial management[29][30]