J-Micro(300819)2021-10-25 16:00Financial Performance - The company's revenue for Q3 2021 was ¥121,468,659.66, representing a 29.40% increase compared to the same period last year[3]. - Net profit attributable to shareholders for Q3 2021 was ¥10,552,516.69, an increase of 83.85% year-on-year[3]. - Basic earnings per share for Q3 2021 was ¥0.11, up 83.33% from the previous year[4]. - Total operating revenue for Q3 2021 reached CNY 351,174,096.52, an increase of 20.2% compared to CNY 291,939,101.43 in the same period last year[25]. - Net profit for Q3 2021 was CNY 26,790,263.30, a significant increase of 102.4% compared to CNY 13,261,213.40 in Q3 2020[26]. - Earnings per share (EPS) for Q3 2021 was CNY 0.32, doubling from CNY 0.16 in the previous year[27]. - The total profit for the year-to-date was ¥33,755,021.91, an increase of 80.23% compared to the previous year[11]. Assets and Liabilities - Total assets at the end of Q3 2021 were ¥945,629,577.12, a decrease of 1.95% from the end of the previous year[4]. - Total assets decreased to CNY 945,629,577.12 from CNY 964,420,619.67, a decline of 1.5%[23]. - Total liabilities decreased to CNY 112,026,914.30 from CNY 127,767,220.15, a reduction of 12.4%[23]. - The total liabilities increased to ¥130,453,888.77 as of Q3 2021, up from ¥127,767,220.15 in the previous year[35]. - The total equity attributable to shareholders of the parent company was CNY 806,955,168.59, slightly up from CNY 804,785,705.22[23]. Cash Flow - Cash flow from operating activities for the year-to-date was ¥9,442,629.62, down 87.57% compared to the same period last year[12]. - The net cash flow from operating activities for Q3 2021 was ¥9,442,629.62, a decrease of 87.6% compared to ¥75,943,606.28 in Q3 2020[30]. - Total cash inflow from investment activities was ¥975,531,954.88, down 56.8% from ¥2,256,922,008.85 in the same period last year[30]. - The net cash flow from investment activities was -¥139,241,176.01, compared to -¥436,532,067.44 in Q3 2020, indicating an improvement[30]. - The company reported a total cash outflow from financing activities of ¥60,400,094.34, compared to ¥63,645,943.53 in Q3 2020[31]. Accounts Receivable and Inventory - The company reported a significant increase in accounts receivable, which rose by 222.28% to ¥96,397,212.51 due to seasonal sales[10]. - Accounts receivable increased to CNY 96,397,212.51 from CNY 29,910,641.27, marking a substantial rise of approximately 222.5%[21]. - The company’s total inventory decreased to CNY 85,069,627.47 from CNY 96,302,288.20, a decline of approximately 11.6%[21]. Investments and Projects - The company decided to terminate the "ultrafine fiber dust-free ultra-clean product construction project" and redirect the funds to a new project, "ultrafine fiber impregnated fabric construction project," to align with industry trends[19]. - The investment property value increased to CNY 41,470,529.11 from CNY 11,656,855.45, reflecting a growth of approximately 256.5%[21]. - Fixed assets rose to CNY 330,406,178.94 from CNY 259,527,649.89, indicating an increase of about 27.3%[21]. - The company plans to enhance its production capacity in response to market demand, although the urgency for expansion is currently deemed low[19]. Shareholder Information - The total number of restricted shares held by major shareholders remains at 70,000,000, with no changes in the current period[18]. - The company has not reported any changes in the status of its major shareholders regarding financing and securities lending activities[18]. Other Income and Expenses - Research and development expenses increased to CNY 15,120,242.83 from CNY 12,497,468.33, marking a rise of 20.9%[25]. - The company reported a significant increase in other income, amounting to CNY 13,000,000.00, compared to CNY 22,767.02 in the previous year[26]. Audit Status - The third quarter report has not been audited[37].