CXJG(002547)2021-10-29 16:00Financial Performance - The company's revenue for Q3 2021 was ¥731,485,000.17, a decrease of 53.35% compared to the same period last year[3]. - Total operating revenue for the current period is ¥2,083,728,520.18, a decrease of 55.1% compared to ¥4,642,873,514.22 in the previous period[16]. - The net profit attributable to shareholders was -¥75,916,766.75, representing an increase of 56.69% in losses year-over-year[3]. - Net profit for the current period is a loss of ¥257,284,014.15, an improvement from a loss of ¥366,371,433.60 in the previous period[17]. - Operating profit for the current period is a loss of ¥266,564,833.50, compared to a loss of ¥419,440,237.89 in the previous period[16]. - The total comprehensive income for the current period is a loss of ¥257,435,842.58, compared to a loss of ¥379,505,561.55 in the previous period[17]. - Basic earnings per share for the current period is -0.2176, an improvement from -0.3168 in the previous period[18]. Assets and Liabilities - Total assets at the end of the reporting period were ¥5,732,408,091.39, down 6.17% from the end of the previous year[3]. - As of September 30, 2021, the company's total assets amounted to RMB 5,732,408,091.39, a decrease from RMB 6,109,350,397.01 at the end of 2020, reflecting a decline of approximately 6.15%[12][14]. - The company's current assets totaled RMB 3,283,307,822.47, down from RMB 3,358,870,010.41, indicating a decrease of about 2.24%[13]. - The total liabilities decreased to RMB 4,206,632,324.30 from RMB 4,326,138,787.34, a reduction of approximately 2.77%[14]. - The company's equity attributable to shareholders decreased to RMB 1,417,083,185.71 from RMB 1,662,687,123.14, reflecting a decline of about 14.74%[14]. Cash Flow - Cash flow from operating activities for the year-to-date was ¥75,466,830.53, a decrease of 63.77% compared to the previous year[3]. - Cash flow from operating activities for the current period is ¥75,466,830.53, down 63.8% from ¥208,326,781.53 in the previous period[20]. - Cash flow from investing activities shows a net inflow of ¥236,889,400.36, an increase from ¥178,632,566.46 in the previous period[21]. - Cash flow from financing activities results in a net outflow of ¥339,701,451.38, worsening from a net outflow of ¥73,680,410.68 in the previous period[21]. - The ending cash and cash equivalents balance is ¥179,655,693.72, down from ¥525,328,928.28 in the previous period[21]. Operational Changes - The company reported a significant decrease in operating income due to the sale of its electronic components distribution business in September 2020, which impacted revenue and costs[7]. - The company experienced a 293.72% increase in contract liabilities year-to-date, attributed to an increase in customer prepayments[7]. - Non-operating income increased by 284.13% year-over-year, mainly due to compensation received from customers for defaults[7]. - The company reported a 136.58% increase in asset disposal losses, primarily from the disposal of idle fixed assets[7]. Asset Composition - Cash and cash equivalents increased to RMB 903,911,381.61 from RMB 875,534,465.02, representing a growth of approximately 3.93%[12]. - Accounts receivable rose to RMB 956,272,661.02 from RMB 923,174,646.03, marking an increase of about 3.59%[12]. - The company's inventory slightly decreased to RMB 458,031,178.41 from RMB 460,867,049.95, a reduction of approximately 0.61%[12]. - Short-term borrowings decreased to RMB 1,507,797,877.19 from RMB 1,657,272,797.04, a decrease of approximately 9.01%[13]. - The long-term borrowings increased to RMB 207,643,100.00 from RMB 171,885,000.00, representing an increase of about 20.83%[14]. Accounting Standards - The company has implemented the new leasing standard starting from 2021, affecting the financial statements[23]. - The adjustment for the new leasing standard resulted in a decrease of CNY 4,690,265.50 in fixed assets[24]. - The company has not undergone an audit for the third quarter report[27].