NHD(002264)2021-10-28 16:00Financial Performance - Total revenue for Q3 2021 reached ¥1,247,223,657.36, an increase of 9.13% compared to the same period last year[3] - Net profit attributable to shareholders was -¥24,197,735.88, a decrease of 275.42% year-on-year[3] - The company's basic earnings per share were -¥0.04, a decline of 300.00% compared to the same period last year[3] - The net profit for Q3 2021 was CNY 49,920,289.31, a decrease of 66.7% compared to CNY 149,974,240.42 in the same period last year[21] - The operating profit for Q3 2021 was CNY 65,678,074.76, down from CNY 154,254,654.06 year-over-year[21] Cash Flow - Cash flow from operating activities showed a net amount of ¥128,710,012.22, down 29.98% year-to-date[3] - Cash flow from operating activities for the period was CNY 128,710,012.22, a decline from CNY 183,811,473.48 in the previous year[24] - The net cash flow from investing activities decreased by ¥21,940,700, attributed to increased expenditures on new store construction and acquisitions[9] - The net cash flow from investing activities was CNY -28,431,311.45, worsening from CNY -6,490,621.14 in the previous year[24] - The total operating cash outflow was CNY 5,050,865,087.87, compared to CNY 3,956,895,754.40 in the previous year[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,179,975,003.52, reflecting a 17.47% increase from the end of the previous year[3] - The total assets increased to RMB 4,179,975,003.52 from RMB 3,558,378,856.98, representing a growth of 17.5%[18] - The total liabilities rose to RMB 3,088,802,122.73 from RMB 2,557,271,986.53, an increase of 20.8%[17] - Total current liabilities increased by 110,204,371.44, from 2,543,271,480.80 to 2,653,475,852.24[27] - Total liabilities increased by 1,191,745,045.69, from 2,557,271,986.53 to 3,749,017,032.22[28] Expenses - The total operating costs amounted to RMB 4,096,834,482.39, up from RMB 3,337,730,961.15, reflecting a growth of 22.8%[19] - Research and development expenses increased by 100% due to salary costs incurred by the R&D center[8] - The company reported a significant increase in sales expenses, which reached RMB 712,743,235.09 compared to RMB 628,188,716.24 in the previous period, an increase of 13.4%[19] Equity and Financing - The weighted average return on equity was -2.20%, a decrease of 3.59% year-on-year[3] - The company raised CNY 300,000,000.00 in borrowings during the quarter, compared to CNY 185,000,000.00 in the same period last year[24] - Owner's equity remained unchanged at 1,001,106,870.45[28] Regulatory and Compliance - The company received approval for a non-public offering of shares on September 10, 2021, from the China Securities Regulatory Commission[13] - The company adopted new leasing standards effective January 1, 2021, impacting financial reporting[29] - The company reported a significant amount of lease liabilities totaling 1,081,540,674.25[28] Inventory and Receivables - Accounts receivable decreased to RMB 550,595,836.68 from RMB 620,598,792.02, a reduction of 11.3%[15] - Inventory levels slightly decreased to RMB 758,694,537.17 from RMB 765,914,714.36, a decrease of 0.2%[16] - The company's cash and cash equivalents decreased to RMB 514,485,035.17 from RMB 948,392,410.31, a decline of 45.8%[15]