值得买(300785) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 reached ¥333,224,501.36, representing an 83.10% increase year-over-year[3] - Net profit attributable to shareholders was ¥18,957,861.90, up 14.74% compared to the same period last year[3] - The net profit excluding non-recurring gains and losses was ¥17,271,493.58, reflecting an 18.37% increase year-over-year[3] - Revenue for the first nine months of 2021 reached ¥965,086,413.28, a 77.21% increase compared to ¥544,589,161.34 in the same period of 2020[9] - Total operating revenue for Q3 2021 reached ¥965,086,413.28, a significant increase of 77.1% compared to ¥544,589,161.34 in the same period last year[21] - Net profit for Q3 2021 was ¥102,109,766.19, representing a year-over-year increase of 20.0% from ¥85,071,234.17[22] - Basic and diluted earnings per share for Q3 2021 were both ¥1.17, compared to ¥1.06 in Q3 2020[23] - The company reported a total comprehensive income of ¥101,855,064.46 for Q3 2021, compared to ¥85,056,510.74 in the same period last year[23] Assets and Liabilities - Total assets at the end of Q3 2021 amounted to ¥2,062,474,882.10, a 4.82% increase from the end of the previous year[3] - The total liabilities decreased to CNY 1,462,056,789.38 from CNY 1,600,273,388.47, a reduction of approximately 8.6%[16] - Total liabilities as of Q3 2021 amounted to ¥326,945,096.55, slightly up from ¥314,654,864.33 in the previous year[22] - The company's total equity remained stable at CNY 1,652,976,016.14, unchanged from the previous year[31] Cash Flow - The net cash flow from operating activities decreased by 79.06% to ¥18,180,861.76 from ¥86,819,075.62, attributed to rising employee compensation and service-related expenditures[10] - The net cash flow from investing activities was negative at -¥442,820,957.21, a 233.69% decline from ¥331,234,746.81, mainly due to investments in bank financial products and property acquisitions[10] - The net cash flow from operating activities for Q3 2021 was CNY 18,180,861.76, a decrease of 79% compared to CNY 86,819,075.62 in Q3 2020[26] - The total cash and cash equivalents at the end of Q3 2021 stood at CNY 756,094,342.43, a decrease from CNY 1,247,381,475.80 at the beginning of the quarter[27] Expenses - Operating costs rose to ¥419,420,963.64, reflecting a 146.94% increase from ¥169,846,298.63, primarily due to increased marketing and operational costs[9] - Research and development expenses increased by 42.56% to ¥112,455,672.25 from ¥78,885,074.19, indicating a focus on technology and product development[9] - Cash paid for purchasing goods and services was CNY 369,440,652.07, significantly higher than CNY 104,505,952.96 in Q3 2020[26] - Cash paid to employees increased to CNY 354,741,621.89 from CNY 229,285,222.70 in the same quarter last year[26] Investments - The company reported a significant increase in trading financial assets, which rose by 496.02% to ¥301,068,383.56 due to new investments in financial products[8] - The company’s long-term equity investments rose significantly to CNY 35,238,627.82 from CNY 6,976,403.53, marking an increase of about 404.1%[18] - The net cash flow from investment activities was negative CNY 442,820,957.21, contrasting with a positive CNY 331,234,746.81 in Q3 2020[26] Governance and Operations - The company completed the election of its third board of directors and supervisory board on October 18, 2021, ensuring governance continuity[15] - The company has made progress in purchasing real estate for office use, obtaining property certificates for the new location in Jinan[14] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[22] Other Financial Metrics - Basic earnings per share remained stable at ¥0.21, with a year-to-date figure of ¥1.17, reflecting a 10.38% increase[3] - The weighted average return on equity decreased to 1.10%, down 0.84% from the previous year[3] - The company received government subsidies amounting to ¥312,148.00 during the reporting period, contributing to its non-recurring gains[5] - Contract liabilities increased by 194.31% to ¥9,047,412.58 from ¥3,074,120.71, indicating a rise in advance payments received[9] - Other payables surged by 219.13% to ¥30,328,112.51 from ¥9,503,502.55, primarily due to unpaid external investment funds[9] - The company's financial income turned positive with a profit of ¥45,823.51, a 99.11% decrease from ¥5,132,284.70, reflecting reduced gains from external investments[9] Accounting and Reporting - The company has implemented changes to its accounting policies in accordance with the Ministry of Finance's new leasing standards effective from January 1, 2021[32] - The third quarter report for 2021 has not been audited[34]