KEDA GROUP(SH:600986)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 reached ¥4,002,746,250.90, representing a year-on-year increase of 70.07%[7] - Net profit attributable to shareholders for Q3 2021 was ¥77,132,076.90, up 65.68% compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was ¥70,032,350.89, reflecting a 94.49% increase year-on-year[7] - Total operating revenue for the first three quarters of 2021 reached ¥10,784,320,227.98, a significant increase of 56.5% compared to ¥6,892,759,918.12 in the same period of 2020[25] - Operating profit for the first three quarters of 2021 was ¥256,873,550.11, up from ¥141,506,225.04 in 2020, reflecting an increase of 81.5%[25] - Net profit attributable to shareholders of the parent company for the first three quarters of 2021 was ¥210,418,844.08, compared to ¥102,202,374.34 in 2020, marking a growth of 106.3%[28] - The total comprehensive income for the first three quarters of 2021 was ¥211,694,797.32, compared to ¥109,368,156.12 in 2020, reflecting a growth of 93.6%[28] Assets and Liabilities - The total assets at the end of Q3 2021 amounted to ¥7,709,753,122.77, a 9.96% increase from the end of the previous year[9] - Total assets as of September 30, 2021, amounted to CNY 7,709,753,122.77, an increase from CNY 7,011,521,922.61 in the previous year[20] - Current assets totaled CNY 6,353,425,098.90, compared to CNY 5,430,104,836.18 in the same period last year, reflecting a growth of approximately 17%[20] - Total liabilities increased to ¥3,773,388,341.73 in 2021 from ¥3,266,224,702.46 in 2020, representing a growth of 15.5%[22] - The company's total equity rose to ¥3,936,364,781.04 in 2021, up from ¥3,745,297,220.15 in 2020, indicating an increase of 5.1%[22] - The company's goodwill decreased to CNY 975,037,587.56 from CNY 1,139,351,129.49, a reduction of about 14.5%[20] - Current liabilities totaled CNY 3,243,772,658.95, showing a marginal increase from CNY 3,244,270,801.83 in the previous year[35] Cash Flow - The company reported a net cash flow from operating activities of -¥635,633,902.26 for the year-to-date, indicating a decline of 901.49%[9] - Net cash flow from operating activities for the first three quarters of 2021 was negative CNY 635,633,902.26, a significant decline from a positive CNY 79,306,887.43 in 2020[30] - Cash inflow from operating activities totaled CNY 10,624,741,137.84, up from CNY 7,965,705,967.08 in the previous year, marking an increase of approximately 33%[30] - Cash outflow from operating activities increased to CNY 11,260,375,040.10 from CNY 7,886,399,079.65, reflecting a rise of about 42.5%[30] - The company reported a net increase in cash and cash equivalents of CNY 23,069,534.18, contrasting with a decrease of CNY 98,452,613.80 in the same period of 2020[32] Shareholder Information - The company reported a total of 59,161 common shareholders at the end of the reporting period[15] - The top ten shareholders held a combined total of 288,000,000 shares, representing approximately 21.73% of the total shares[15] Strategic Focus - The company has focused on digital marketing, leading to significant revenue growth and a strategic shift away from real estate[11] - The company has not reported any new product developments or market expansion strategies during this quarter[18] Financial Adjustments and Compliance - The company adopted new leasing standards effective January 1, 2021, impacting financial reporting[41] - The financial adjustments were made in accordance with the Ministry of Finance's regulations issued on December 7, 2018[38] - The company is focused on enhancing its financial reporting practices to align with international standards[41] - The report indicates a commitment to transparency and compliance with updated accounting standards[41] - The board of directors announced the third-quarter report on October 29, 2021, highlighting ongoing financial assessments[42]