JIN LEI(300443)2021-10-20 16:00Financial Performance - The company's revenue for Q3 2021 was ¥461,591,290.24, representing a 3.51% increase year-over-year, while the year-to-date revenue reached ¥1,261,612,002.31, up 19.82% compared to the same period last year[4] - The net profit attributable to shareholders for Q3 2021 was ¥139,999,093.80, a decrease of 10.78% year-over-year, with a year-to-date net profit of ¥407,866,470.84, an increase of 21.39%[4] - The basic earnings per share for Q3 2021 was ¥0.53, down 18.86% from the previous year, while the year-to-date earnings per share was ¥1.56, up 10.64%[4] - Total operating revenue for the current period reached ¥1,261,612,002.31, an increase of 19.8% compared to ¥1,052,947,787.45 in the previous period[32] - Net profit for the current period was ¥407,866,470.84, representing a 21.4% increase from ¥335,993,220.10 in the previous period[35] - Basic and diluted earnings per share for the current period were both ¥1.56, compared to ¥1.41 in the previous period[39] Assets and Liabilities - The company's total assets as of the end of Q3 2021 were ¥3,394,427,018.70, an increase of 8.98% from the end of the previous year[4] - The total equity attributable to shareholders increased by 8.62% to ¥3,162,087,977.98 compared to the end of the previous year[4] - Total liabilities amounted to ¥232,339,040.72, an increase from ¥203,718,577.97 in the previous period[31] - The company reported a total current liabilities of RMB 167,438,858.51, slightly down from RMB 168,193,091.99, showing a decrease of about 0.4%[28] Cash Flow - The cash flow from operating activities for the year-to-date period was ¥291,402,761.22, reflecting a significant increase of 93.78% compared to the same period last year[4] - Cash generated from operating activities was ¥1,206,517,113.96, an increase of 42.2% from ¥848,307,081.74 in the previous period[40] - The net cash flow from operating activities was 291,402,761.22, an increase of 93.8% compared to 150,379,691.43 from the previous period[43] - The total cash and cash equivalents at the end of the period reached 601,589,355.21, a substantial increase from 182,532,575.16, reflecting a growth of 229.5%[46] Research and Development - Research and development expenses increased by 35.70% year-over-year, indicating a focus on innovation and product development[11] - Research and development expenses for the current period were ¥43,003,605.60, an increase of 35.5% from ¥31,689,748.12 in the previous period[35] Shareholder Changes - The company plans to transfer 39,263,019 shares (15.00% of total shares) to Shandong Financial Investment Group, with the first transfer of 25,665,580 shares (9.81% of total shares)[21] - Following the share transfer, Shandong Financial will hold 24.32% of voting rights, making it the controlling shareholder of the company[21] - The company has signed a stock subscription agreement with Shandong Financial for the issuance of 55,636,620 shares, which will increase Shandong Financial's stake to 29.90% post-issuance[22] Inventory and Assets - The company’s inventory as of September 30, 2021, was RMB 405,511,520.24, up from RMB 336,017,650.27 at the end of 2020, reflecting an increase of approximately 20.7%[25] - The total non-current assets were RMB 1,521,056,244.08, compared to RMB 1,262,043,156.26 at the end of 2020, indicating an increase of around 20.5%[28] - The company’s intangible assets increased to RMB 108,774,420.41 from RMB 75,287,178.24, representing a growth of about 44.5%[28] Operating Costs - The company experienced a 22.73% increase in operating costs, primarily driven by the growth in sales volume[11] - Total operating costs for the current period were ¥823,785,199.81, up 23.7% from ¥665,749,588.24 in the previous period[32]