DDMC(SH:600136)2021-10-25 16:00Financial Performance - The company's operating revenue for Q3 2021 reached ¥768,720,640.23, representing a significant increase of 872.64% compared to the same period last year[3]. - The net profit attributable to shareholders was ¥159,424,308.17, with a year-to-date net profit of ¥1,499,301.25, indicating a substantial increase[3]. - The basic earnings per share for the quarter was ¥0.27, while the diluted earnings per share also stood at ¥0.27[3]. - The weighted average return on equity increased by 28.34 percentage points to 7.54% compared to the previous year[3]. - Total operating revenue for the first three quarters of 2021 reached ¥1,553,650,915.72, a significant increase from ¥411,369,481.85 in the same period of 2020, representing a growth of approximately 277%[19]. - Operating profit for the first three quarters of 2021 was ¥19,187,086.12, a turnaround from a loss of ¥1,476,766,824.42 in the same period of 2020[19]. - Net profit for the first three quarters of 2021 was ¥3,834,987.68, compared to a net loss of ¥1,435,362,841.79 in 2020, marking a significant improvement[20]. - The company’s basic earnings per share for the first three quarters of 2021 was ¥0.003, a recovery from a loss of ¥2.22 per share in the same period of 2020[20]. - The total comprehensive income for the first three quarters of 2021 was -¥69,741,478.80, compared to -¥1,438,781,565.02 in 2020, showing a significant reduction in losses[20]. Cash Flow and Investments - The company reported a net cash flow from operating activities of ¥593,467,409.83 for the year-to-date period, reflecting a 225.87% increase[3]. - Cash flow from operating activities for the first three quarters of 2021 was ¥593,467,409.83, up from ¥182,120,186.07 in the same period of 2020, reflecting a growth of approximately 226%[22]. - Cash received from borrowings was $813.95 million, down from $1.23 billion year-over-year[23]. - Cash paid for debt repayment was $1.62 billion, compared to $2.01 billion in the previous year[23]. - Cash paid for dividends and interest was $221.79 million, slightly down from $250.23 million year-over-year[23]. - Total cash outflow from investment activities was $675.20 million, compared to $336.33 million in the previous year, resulting in a net cash flow from investment activities of -$670.26 million, up from -$325.72 million[23]. Assets and Liabilities - Total assets at the end of the reporting period were ¥8,539,846,863.21, a decrease of 5.04% from the end of the previous year[4]. - The company's total liabilities were reported at ¥6,352,549,428.17, down from ¥6,685,887,946.46, which is a reduction of about 5.00%[16]. - The company's total equity decreased to ¥2,187,297,435.04 from ¥2,307,268,492.21, representing a decline of about 5.20%[16]. - The company's cash and cash equivalents decreased significantly to ¥83,140,054.39 from ¥424,301,136.56, reflecting a decline of approximately 80.4%[14]. - The company's current assets totaled ¥2,996,447,809.29, slightly increasing from ¥2,988,944,063.86 at the end of 2020, indicating a growth of about 0.30%[14]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 24,084[10]. - Wuhan Contemporary Technology Industry Group Co., Ltd. held 13.46% of shares, amounting to 78,705,094 shares, with 38,974,575 shares pledged[11]. - The new controlling shareholder is Wuhan Guochuang Capital Investment Co., Ltd., effective from July 13, 2021[12]. - The company completed a significant share acquisition, increasing its control to 27.39% of total shares, with a total of 160,108,073 shares controlled[13]. Operational Insights - The company plans to continue expanding its market presence and developing new products and technologies in the upcoming quarters[3]. - The company experienced a 44.19% increase in accounts receivable, attributed to the gradual recovery of business operations post-COVID-19[7]. - The company’s inventory increased to ¥1,796,607,706.64 from ¥1,017,957,206.67, reflecting a growth of about 76.5%[14]. - The company reported a decrease in sales expenses by 50.35 million, mainly due to reduced sales expenses in the film and television business[8]. - The company issued bonds, receiving cash of 100.00 million during the reporting period[8]. - The company received investment income cash of 1,870.40 million, mainly from dividends received from investment projects[8]. - The company experienced a decrease in tax refunds received, amounting to 92.85 million, due to reduced tax refunds during the period[8].