XZB(SH:603040)2021-10-27 16:00Financial Performance - The company's revenue for Q3 2021 was CNY 105,277,367.72, representing a year-on-year increase of 1.89%[5] - Net profit attributable to shareholders decreased by 48.69% to CNY 21,446,579.18 in Q3 2021[5] - The basic earnings per share for Q3 2021 was CNY 0.16, down 61.90% compared to the same period last year[6] - Total operating revenue for the first three quarters of 2021 reached ¥318,844,915.36, a 26.2% increase from ¥252,547,333.13 in the same period of 2020[18] - Net profit for the first three quarters of 2021 was ¥107,451,382.80, compared to ¥111,313,945.93 in the same period of 2020, reflecting a decrease of 3.4%[20] - The net profit attributable to the parent company for Q3 2021 was ¥98,311,314.20, a decrease from ¥106,417,299.88 in Q3 2020, representing a decline of approximately 10.4%[21] - The total comprehensive income for Q3 2021 was ¥104,903,181.76, down from ¥109,412,951.37 in Q3 2020, indicating a decrease of about 4.6%[21] - Basic earnings per share for Q3 2021 were ¥0.73, compared to ¥1.04 in Q3 2020, reflecting a decline of approximately 29.8%[22] Assets and Liabilities - The total assets as of September 30, 2021, were CNY 1,048,021,060.87, a slight decrease of 0.23% from the end of the previous year[6] - Total assets as of September 30, 2021, were ¥1,048,021,060.87, slightly down from ¥1,050,480,780.59 at the end of 2020[16] - Total liabilities decreased to ¥100,761,279.48 from ¥118,390,635.41 in the previous year[16] - Current liabilities totaled approximately $103.15 million, with accounts payable at $30.35 million and short-term borrowings not specified[29] - Total liabilities reached approximately $118.39 million, with non-current liabilities accounting for $15.24 million[29] - Shareholders' equity stood at approximately $932.09 million, with retained earnings of $501.80 million[30] - The company reported a total of $4.98 million in lease liabilities, reflecting the impact of new accounting standards[29] Cash Flow - Cash flow from operating activities for the year-to-date period was CNY 73,033,161.60, down 17.53% compared to the previous year[5] - Cash flow from operating activities for the first three quarters of 2021 was ¥73,033,161.60, down from ¥88,555,465.35 in the same period of 2020, a decrease of about 17.5%[24] - Cash inflow from operating activities totaled ¥358,327,921.32 for the first three quarters of 2021, compared to ¥268,044,379.15 in the same period of 2020, representing an increase of approximately 33.7%[24] - Cash outflow from operating activities was ¥285,294,759.72 for the first three quarters of 2021, up from ¥179,488,913.80 in the same period of 2020, indicating an increase of about 58.8%[24] - The net cash flow from investing activities for the first three quarters of 2021 was ¥13,532,427.72, a significant improvement from a net outflow of ¥237,221,243.61 in the same period of 2020[25] - The cash and cash equivalents at the end of Q3 2021 were ¥178,066,815.99, compared to ¥53,477,720.17 at the end of Q3 2020, showing a substantial increase[25] - The company reported a total cash outflow from financing activities of ¥86,145,345.55 in Q3 2021, compared to ¥44,332,660.50 in Q3 2020, indicating a higher cash outflow[25] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,475[10] - The largest shareholder, Hangzhou Zuofeng Investment Management Co., Ltd., held 51.65% of the shares[10] Research and Development - Research and development expenses for the third quarter of 2021 amounted to ¥21,126,336.38, an increase from ¥15,666,797.95 in the same quarter of 2020[20] - The company did not report any new product developments or market expansion strategies in this quarter[12] Inventory and Fixed Assets - Inventory increased significantly to ¥101,418,441.41 from ¥57,051,678.28 in the previous year, indicating a 77.8% rise[14] - The company has a total of $225.80 million in fixed assets, reflecting significant investment in long-term resources[28] Financial Adjustments - The company has implemented new leasing standards effective January 1, 2021, impacting financial statement adjustments[30] - The company reported trading financial assets of approximately $208.97 million and accounts receivable of $71.71 million[28]