CCYD(SH:600148)2021-10-22 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥254,051,318.06, a decrease of 25.70% compared to the same period last year[4] - The net profit attributable to shareholders was ¥5,110,453.47, down 72.24% year-on-year[4] - The basic earnings per share for the period was ¥0.036, reflecting a decline of 72.24% compared to the previous year[5] - The company reported a net profit of ¥212,857,591.90 for the first three quarters of 2021, compared to ¥205,752,208.76 in the same period of 2020, showing a slight increase of 3.4%[15] - Net profit decreased to ¥54,622,198.44 from ¥70,152,734.81, a decline of about 22.2% compared to the same period last year[18] - Total profit before tax decreased to ¥60,579,524.56 from ¥78,701,005.25, a drop of about 23% year-over-year[18] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥1,458,426,537.67, representing an increase of 7.38% from the end of the previous year[5] - As of September 30, 2021, the company's total assets amounted to ¥1,458,426,537.67, up from ¥1,358,190,709.12 at the end of 2020, reflecting a growth of 7.4%[15] - The company's current assets totaled ¥1,232,533,345.65, compared to ¥1,114,610,069.33 at the end of 2020, indicating an increase of 10.6%[14] - The total liabilities as of September 30, 2021, were ¥827,254,040.92, compared to ¥743,435,653.85 at the end of 2020, marking an increase of 11.3%[15] - The owner's equity totaled ¥631,172,496.76, up from ¥614,755,055.27, reflecting a growth of 2.5%[15] Cash Flow - The company reported a net cash flow from operating activities of -¥90,561,422.50 for the year-to-date[4] - Cash flow from operating activities showed a net outflow of ¥90,561,422.50, worsening from a net outflow of ¥60,343,697.43 in the prior year[21] - The company reported a net cash outflow from investing activities of ¥598,394.81, compared to a larger outflow of ¥2,208,491.89 in the previous year[21] Revenue and Costs - The total operating revenue for the first three quarters of 2021 reached ¥980,975,799.31, an increase of 8.0% compared to ¥907,933,517.13 in the same period of 2020[16] - Total operating costs increased to ¥926,239,385.47 from ¥828,376,814.85, representing an increase of approximately 11.9% year-over-year[17] - Sales revenue from goods and services received cash of ¥512,035,644.95, up from ¥411,374,605.84, indicating an increase of approximately 24.4%[20] Accounts Receivable and Inventory - Accounts receivable increased by 203.02% compared to the previous year, indicating a rise in outstanding payments[8] - The accounts receivable increased significantly to ¥414,193,997.57 from ¥136,690,918.22, representing a growth of 203.5%[13] - The inventory decreased to ¥185,768,796.38 from ¥266,497,901.48, a decline of 30.3%[14] Other Income and Expenses - Other income increased by 418.48% due to the transfer of previously deferred subsidies to current income[8] - The company recorded a decrease in financial expenses due to reduced foreign exchange losses from the previous year[8] - Research and development expenses increased to ¥36,671,078.25 from ¥35,392,306.01, reflecting a growth of about 3.6% year-over-year[17] Product Development and Strategy - The company has not disclosed any new product developments or market expansion strategies in this report[3] - The company has not disclosed any new product developments or market expansion strategies in the current report[12] Cash and Cash Equivalents - Cash and cash equivalents decreased to ¥147,955,862.12 from ¥233,061,117.41, a decline of 36.5%[13] - Cash and cash equivalents at the end of the period decreased to ¥63,915,258.08 from ¥70,924,023.00, a decline of approximately 10%[21] Equity and Borrowings - The company raised ¥20,000,000.00 through borrowings, an increase from ¥10,000,000.00 in the same period last year[21]