CYTS(SH:600138)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥2,710,443,385.43, representing a year-on-year increase of 29.56%[7] - The net profit attributable to shareholders for Q3 2021 was ¥3,637,334.03, a decrease of 87.46% compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥5,233,108.29, reflecting a decline of 122.25%[7] - The basic earnings per share for Q3 2021 was ¥0.0050, down 87.46% year-on-year[9] - In the first three quarters of 2021, the company achieved operating revenue of 6.231 billion RMB, a year-on-year increase of 34.07%[20] - The company reported a net profit of 37.2613 million RMB, marking a turnaround from losses in the previous year[20] - Total operating revenue for the first three quarters of 2021 reached ¥6,230,805,808.33, a significant increase of 34.0% compared to ¥4,647,261,516.01 in the same period of 2020[36] - The company's net profit for the first three quarters was impacted by a credit impairment loss of ¥-8,538,777.95, compared to a gain of ¥1,427,417.12 in the previous year[36] - The company reported a net profit of ¥59,735,328, compared to a net loss of ¥167,373,196 in the previous period, indicating a significant turnaround[41] - Operating profit was ¥104,099,769, while the previous period showed an operating loss of ¥116,977,887, reflecting improved operational efficiency[41] - Total comprehensive income amounted to ¥58,995,049, a recovery from a total comprehensive loss of ¥170,425,971 in the prior period[43] - Basic and diluted earnings per share were both ¥0.0515, compared to a loss per share of ¥0.1767 in the previous period, showcasing a positive shift in profitability[43] Assets and Liabilities - The total assets at the end of the reporting period were ¥17,207,048,456.27, an increase of 0.89% compared to the end of the previous year[9] - The total assets as of September 30, 2021, amounted to ¥17,207,048,456.27, slightly up from ¥17,055,421,298.07 at the end of 2020[34] - Current liabilities decreased to ¥6,232,158,805.24 from ¥7,608,124,823.41, indicating a reduction of approximately 18.1%[34] - Non-current liabilities increased to ¥2,329,103,528.61 from ¥874,870,580.80, showing a significant rise of 165.5%[34] - The total equity attributable to shareholders rose to ¥6,365,378,553.55 from ¥6,326,566,696.57, reflecting a growth of 0.6%[34] - Total liabilities amounted to ¥8,482,995,404.21, which increased by ¥1,132,613,367.59 compared to the last reporting period[54] - The total equity attributable to shareholders was ¥6,326,566,696.57, remaining unchanged from the previous period[54] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥645,487,057.47, an increase of 26.55%[9] - Cash flow from operating activities generated a net cash inflow of ¥645,487,057, up from ¥510,057,534 in the prior period, indicating stronger cash generation capabilities[47] - The company received cash inflows from investment activities totaling ¥510,638,206.85, while cash outflows for investments were ¥1,069,552,707.12, resulting in a net cash outflow of ¥558,914,500.27[47] - Cash flow from financing activities resulted in a net cash outflow of ¥291,065,251.22, compared to a net cash inflow of ¥875,027,901.54 in the previous period, reflecting changes in financing strategies[47] - The company’s cash and cash equivalents decreased to ¥1,334,443,307.62 from ¥1,755,978,704.36, a decline of 24.0%[32] - The company’s cash and cash equivalents decreased by ¥204,469,038.78, contrasting with an increase of ¥289,938,796.01 in the previous period, highlighting a need for cash management strategies[47] - The cash and cash equivalents at the beginning of the period were ¥1,503,504,562.47, while the ending balance was ¥1,299,035,523.69, indicating a decrease[49] Business Segments - The Wuzhen scenic area received 776,700 visitors from July to September 2021, with revenue of 198 million RMB, down 28.67% and 29.69% year-on-year respectively[23] - The company’s net profit from the Wuzhen scenic area decreased by 30.54% to 66.558 million RMB due to reduced subsidy income[23] - The Gubei Water Town scenic area saw a 68.16% increase in visitors, totaling 1.227 million, and a revenue increase of 68.63% to 609 million RMB[23] - The company’s integrated marketing business, Zhongqing Bole, achieved operating revenue of 1.135 billion RMB, a year-on-year growth of 114.55%[24] - The hotel business reported operating revenue of 299 million RMB, reflecting a year-on-year increase of 33.93%[24] - The company’s strategic investment business, Chuangge Technology, experienced a revenue growth of 7.86%[28] Shareholder Information - The total number of common shareholders at the end of the reporting period was 67,029[16] - The largest shareholder, China Youth Travel Group Co., Ltd., holds 124,305,000 shares, accounting for 17.17% of total shares[16] Research and Development - Research and development expenses for the first three quarters were ¥15,052,429.96, more than double the ¥7,057,135.03 spent in the same period last year[36] Financial Expenses - The company reported a financial expense of ¥152,638,286.93, which increased from ¥101,492,990.15 in the previous year[36]