Semir(002563)2021-10-29 16:00Financial Performance - The company's revenue for Q3 2021 was ¥3,504,444,731.47, a decrease of 5.69% compared to the same period last year[1]. - Net profit attributable to shareholders for the first nine months of 2021 reached ¥942,805,683.76, representing a significant increase of 336.64% year-on-year[1]. - The net profit for the third quarter of 2021 was CNY 943.60 million, a significant increase from CNY 210.57 million in the same period last year, representing a growth of approximately 347%[17]. - The total profit for the quarter was CNY 1.27 billion, compared to CNY 322.01 million in the same quarter last year, marking an increase of approximately 294%[17]. - The company reported a total comprehensive income of CNY 969.14 million, compared to CNY 208.98 million in the same quarter last year, representing an increase of approximately 364%[18]. - The basic and diluted earnings per share were both CNY 0.35, up from CNY 0.08 in the same quarter of the previous year, reflecting a growth of 337.5%[18]. Assets and Liabilities - The total assets at the end of Q3 2021 were ¥18,729,178,571.31, reflecting a growth of 9.08% from the end of the previous year[1]. - Total assets rose to ¥18,729,178,571.31, compared to ¥17,169,978,788.39, marking an increase of 9.09%[15]. - Total liabilities increased to ¥7,566,671,688.35 from ¥5,669,379,951.56, a rise of 33.47%[15]. - The total liabilities rose to approximately CNY 6.09 billion, reflecting an increase of CNY 420.92 million[22]. - The company’s long-term liabilities increased to approximately CNY 953.07 million, reflecting an increase of CNY 241.81 million[22]. Cash Flow - The company reported a net cash flow from operating activities of ¥1,001,630,439.03 for the first nine months, a decrease of 49.87% year-on-year[1]. - The cash flow from operating activities generated a net amount of CNY 1.00 billion, down from CNY 1.99 billion in the previous year, showing a decrease of about 49.9%[19]. - The net cash inflow from investment activities was approximately CNY 284.39 million, a decrease of 67.8% compared to the previous year[20]. - The net cash outflow from financing activities was approximately CNY 1.37 billion, compared to a net outflow of CNY 1.28 billion in the previous year[20]. Inventory and Prepayments - The company's inventory increased by 60.84% to ¥4,022,608,054.47, driven by the recovery of business and increased stocking for winter apparel[3]. - Inventory increased significantly to ¥4,022,608,054.47, up from ¥2,501,068,042.35, representing a growth of 60.73%[14]. - The company has seen a 51.68% increase in prepayments, totaling ¥267,235,798.28, primarily due to increased advance payments for goods and advertising expenses[3]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 35,616[6]. - The largest shareholder, Qiu Guanghe, holds 16.34% of shares, totaling 440,229,300 shares[6]. - Qiu Jianqiang, the second-largest shareholder, owns 13.34% of shares, amounting to 359,442,552 shares[6]. - The third-largest shareholder, Semir Group Co., Ltd., holds 12.47% of shares, which is 336,000,000 shares[6]. - The total number of shares held by the top ten shareholders is concentrated, with the top three holding over 40% of the total shares[6]. Future Outlook - Future outlook includes plans for market expansion and new product development to enhance revenue streams and improve profitability[16]. - The company plans to continue enhancing brand building and operational quality, which has shown improvement in the retail market environment[5]. Research and Development - Research and development expenses for the period were ¥211,469,537.60, up from ¥192,891,199.89, indicating an increase of 9.06%[16]. Other Financial Metrics - The company reported a decrease in financial expenses, reporting a net financial expense of CNY -94.54 million, compared to CNY -55.89 million in the previous year[17]. - The company recorded a tax expense of CNY 321.52 million, compared to CNY 111.43 million in the same quarter last year, which is an increase of about 188%[17]. - The company’s equity attributable to shareholders decreased to ¥11,150,654,181.73 from ¥11,472,972,746.65, a decline of 2.81%[15]. - The total equity of the company amounts to approximately CNY 11.50 billion[23].