Financial Performance - The company's operating revenue for Q3 2021 was CNY 656,436,616.70, a decrease of 52.76% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2021 was CNY 60,560,115.27, an increase of 90.77% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 30,542,750.98, a decrease of 23.47% compared to the same period last year[5]. - The basic earnings per share for Q3 2021 was CNY 0.195, reflecting a 90.77% increase year-on-year[6]. - Total operating revenue for the first three quarters of 2021 was CNY 1,694,040,213, a decrease from CNY 3,438,933,021.89 in the same period of 2020[20]. - Net profit for the first three quarters of 2021 was CNY 94,415,538.45, compared to CNY 426,107,130.49 in the same period of 2020[21]. - Earnings attributable to shareholders of the parent company for the first three quarters of 2021 were CNY 119,861,741.17, down from CNY 343,363,417.70 in 2020[21]. - The company reported a total comprehensive income of CNY 93,076,338.11 for the first three quarters of 2021, compared to CNY 426,089,356.06 in the same period of 2020[22]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 6,980,523,767.23, a decrease of 0.94% from the end of the previous year[6]. - As of September 30, 2021, the total assets of the company amounted to ¥6,980,523,767.23, a decrease from ¥7,047,050,098.31 at the end of 2020, reflecting a decline of approximately 0.94%[16]. - The company's current assets totaled ¥5,081,968,426.68, down from ¥5,281,455,855.57, indicating a decrease of about 3.78%[15]. - Total liabilities as of the end of the third quarter of 2021 amounted to CNY 3,798,556,006.99, slightly up from CNY 3,792,675,732.49 at the end of 2020[22]. - Total liabilities amounted to approximately $3.79 billion, a slight decrease from $3.81 billion in the previous period, reflecting a change of $13.94 million[31]. - Total non-current liabilities were approximately $165.92 million, down from $179.86 million[31]. Cash Flow - The net cash flow from operating activities for the year-to-date was CNY -346,941,651.88, indicating a decline of 151.33%[6]. - The net cash flow from operating activities for the first three quarters of 2021 was -346,941,651.88 RMB, a significant decrease compared to 675,950,627.19 RMB in the same period of 2020[25]. - Total cash inflow from operating activities was 2,721,015,307.68 RMB, down 42% from 4,696,260,256.83 RMB year-on-year[25]. - Cash outflow from operating activities totaled 3,067,956,959.56 RMB, a decrease of 24% compared to 4,020,309,629.64 RMB in the previous year[25]. - The net cash flow from investment activities was 76,431,687.36 RMB, a turnaround from -41,139,261.16 RMB in the same period of 2020[26]. - Cash inflow from financing activities was 527,960,262.26 RMB, down 16% from 630,009,283.66 RMB year-on-year[26]. - The ending balance of cash and cash equivalents was 1,457,536,745.03 RMB, down from 2,271,995,253.27 RMB at the end of the same period in 2020[26]. Shareholder Information - The company reported a total of 90,417,600 shares held by its largest shareholder, Zhejiang Rongsheng Holdings Group Co., Ltd.[13]. - Total equity attributable to shareholders of the parent company was CNY 3,005,667,449.67, an increase from CNY 2,949,320,908.84 in the previous year[22]. Strategic Focus - The company plans to focus on market expansion and new product development in the upcoming quarters to enhance revenue growth[24]. Changes in Accounting Standards - The company has implemented new leasing standards starting from 2021, affecting the financial statements[28]. - The company adopted a new leasing standard, resulting in an increase in both "lease liabilities" and "right-of-use assets"[31].
宁波联合(600051) - 2021 Q3 - 季度财报