ZJGS(SH:600052)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥31,223,415.01, a decrease of 80.12% compared to the same period last year[5] - Net profit attributable to shareholders was ¥38,880,483.92, down 59.57% year-on-year[5] - The net profit excluding non-recurring gains and losses was ¥73,714,919.66, an increase of 16.19% compared to the same period last year[5] - Basic earnings per share were ¥0.04, a decrease of 63.64% year-on-year[5] - Total operating revenue for the first three quarters of 2021 was CNY 57,147,027.62, a decrease from CNY 176,697,467.45 in the same period of 2020, representing a decline of approximately 67.7%[22] - Net profit for the first three quarters of 2021 was CNY 22,885,358.70, compared to a net profit of CNY 11,257,285.23 in the same period of 2020, showing an increase of approximately 103.1%[23] - Basic earnings per share for the first three quarters of 2021 were CNY 0.02, up from CNY 0.01 in the same period of 2020[24] - The company recorded a total profit of CNY -46,161,083.34 for the first three quarters of 2021, compared to CNY -3,211,201.72 in 2020, reflecting a significant increase in losses[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,708,250,902.64, a decrease of 3.96% from the end of the previous year[6] - As of September 30, 2021, the company's total assets amounted to CNY 3,708,250,902.64, a decrease from CNY 3,861,041,583.77 at the end of 2020[16] - The company's cash and cash equivalents were CNY 1,883,665,365.54, down from CNY 2,242,523,617.61 at the end of 2020, representing a decline of approximately 16.06%[16] - The total liabilities decreased to CNY 258,631,277.25 from CNY 481,070,777.43, indicating a reduction of about 46.2%[18] - The company reported a total current liabilities of CNY 112,829,886.21, a decrease from CNY 368,801,167.24, indicating a reduction of approximately 69.5%[17] - The total assets as of Q3 2021 were 3,861,041,583.77 RMB, showing a slight increase of 5,899,221.56 RMB compared to the previous period[32] - The total liabilities increased to 481,070,777.43 RMB, reflecting a rise of 6,035,143.08 RMB from the previous reporting period[33] - The company's total equity stood at 3,379,970,806.34 RMB, with a minor decrease of 135,921.52 RMB compared to the previous period[33] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥218,291,271.23, significantly lower than the previous year's -¥24,483,725.54[9] - The company reported a net cash outflow from operating activities of CNY -218,291,271.23 for the first three quarters of 2021, worsening from CNY -24,483,725.54 in 2020[27] - Cash inflow from operating activities totaled CNY 196,735,416.72, while cash outflow was CNY 415,026,687.95, leading to a significant cash flow deficit[27] - In Q3 2021, the company reported a net cash flow from investing activities of -130,248,046.42 RMB, compared to a positive cash flow of 320,515,189.41 RMB in the same period last year[28] - The company generated a net cash flow from financing activities of 998,928,206.57 RMB, significantly higher than the negative cash flow of -353,606,763.56 RMB recorded in the same quarter last year[28] Investments and Acquisitions - The company completed the acquisition of 50.54% of Zhejiang Zhenglan Energy-saving Technology Co., Ltd., which was approved by the shareholders' meeting and relevant authorities[15] - The company’s long-term equity investments were valued at CNY 681,112,853.16, slightly down from CNY 683,997,072.84[16] - The company’s long-term equity investments remained stable at 683,997,072.84 RMB, with no significant changes reported[31] - The company’s investment losses from associates and joint ventures amounted to CNY -2,884,219.68 in the first three quarters of 2021, a decline from a profit of CNY 11,635,283.52 in 2020[22] Shareholder Information - The top ten shareholders held a total of 28.98% and 12.82% of shares, with the largest shareholder being Dongyang Dongke Digital Technology Co., Ltd.[12] Other Financial Metrics - The weighted average return on equity was 1.15%, a decrease of 1.56 percentage points compared to the previous year[5] - The company reported a significant increase in other receivables, which rose to CNY 65,339,075.83 from CNY 45,181,468.39, marking an increase of approximately 44.7%[16] - The company’s goodwill as of September 30, 2021, was CNY 129,075,460.59, an increase from CNY 20,669,429.24[17] - The company reported a financial expense of CNY -28,084,637.92 in the first three quarters of 2021, compared to CNY -16,849,811.44 in 2020, indicating an increase in financial costs[22]