SGSG(300561)2021-10-28 16:00Financial Performance - The company's revenue for Q3 2021 was ¥51,605,769.37, representing a 3.10% increase year-over-year[3] - Net profit attributable to shareholders decreased by 28.83% to ¥4,996,892.89 in Q3 2021[3] - The net profit after deducting non-recurring gains and losses increased by 36.68% to ¥3,215,908.73 for Q3 2021[3] - The company’s basic earnings per share for Q3 2021 was ¥0.0152, down 28.97% year-over-year[3] - The net profit attributable to the parent company for Q3 2021 was ¥17,819,424.79, an increase from ¥16,136,086.55 in Q3 2020, representing a growth of approximately 10.5%[28] - The basic and diluted earnings per share for Q3 2021 were both ¥0.0543, up from ¥0.0492 in the same period last year, indicating an increase of about 2.1%[28] - Operating profit for the third quarter was CNY 19,085,561.63, up from CNY 17,689,694.16 in the previous year[27] - Net profit for the third quarter reached CNY 17,815,459.38, compared to CNY 16,025,010.37 in the same quarter of the previous year, reflecting a growth[27] Assets and Liabilities - The total assets as of September 30, 2021, were ¥745,466,370.42, a decrease of 1.53% from the end of the previous year[4] - Total current assets decreased to CNY 381,389,096.56 from CNY 434,346,914.10 year-over-year[22] - Total non-current assets increased to CNY 364,077,273.86 from CNY 322,708,272.41 year-over-year[23] - Total liabilities decreased to CNY 82,856,585.21 from CNY 92,069,605.28 year-over-year[24] - Shareholders' equity totaled CNY 662,609,785.21, slightly down from CNY 664,985,581.23 in the previous year[24] - Total assets amounted to CNY 757,055,186.51, a slight decrease from CNY 759,796,141.99[36] - Total liabilities reached CNY 92,069,605.28, compared to CNY 94,810,560.76 in the previous period[37] Cash Flow - Cash flow from operating activities showed a net outflow of ¥44,881,395.05, down 58.38% year-to-date[3] - Cash flow from operating activities for Q3 2021 was negative at -¥44,881,395.05, compared to -¥28,337,979.65 in Q3 2020, reflecting a decline in operational cash flow[30] - Total cash inflow from operating activities was ¥120,164,761.93, down from ¥142,450,858.24 in the previous year, a decrease of approximately 15.6%[30] - Cash outflow from operating activities totaled ¥165,046,156.98, slightly reduced from ¥170,788,837.89 in Q3 2020, showing a decrease of about 3.4%[30] - The net cash flow from investing activities was -¥1,948,892.04 for Q3 2021, an improvement from -¥26,126,323.54 in Q3 2020[32] - Cash and cash equivalents significantly decreased to CNY 11,535,356.13 from CNY 82,900,839.71 year-over-year[22] - Cash and cash equivalents at the end of Q3 2021 were ¥6,564,355.01, significantly down from ¥41,178,789.01 at the end of Q3 2020, a decline of approximately 84.0%[30] Shareholder Information - The total number of common shareholders at the end of the reporting period is 20,641[13] - Major shareholder Chen Zhe holds 38.19% of shares, totaling 125,342,826 shares[13] - Major shareholder Ma Zheng holds 21.49% of shares, totaling 70,515,557 shares[13] - The total number of restricted shares at the end of the period is 153,412,506 shares[16] - The company completed the cancellation of 77,912 restricted shares on October 12, 2021[16] - The total share capital after the cancellation of restricted shares is 328,107,975 shares[18] - The company has not received any requests from creditors regarding guarantees or early debt repayment after the announcement of capital reduction[17] - The company’s major shareholders are involved in margin trading, holding a total of 1,546,500 shares through credit trading accounts[14] Regulatory and Compliance - The company has completed the business registration change and obtained a new business license on October 20, 2021[19] - The company has not undergone an audit for the third quarter report[38] - The report indicates a total of CNY 199,927,401.93 in undistributed profits[37] - The company has implemented new leasing standards starting from 2021, with no retrospective adjustments made[38] Non-Recurring Gains - Non-recurring gains totaled ¥1,780,984.16 for the current period, with government subsidies contributing significantly[6]