GWE(SH:600192)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥488,596,741.57, a decrease of 1.97% compared to the same period last year[5]. - The net profit attributable to shareholders was a loss of ¥45,802,028.78, with a year-to-date loss of ¥87,527,877.33[5]. - The basic and diluted earnings per share were both -¥0.1037, reflecting a significant decline from the previous year[6]. - Total operating revenue for the first three quarters of 2021 reached ¥1,462,933,233.57, a slight increase of 1.1% compared to ¥1,445,319,251.71 in the same period of 2020[17]. - The net profit for the first three quarters of 2021 was a loss of ¥88,467,638.03, compared to a profit of ¥15,541,435.05 in the same period of 2020[17]. - The total comprehensive income for the first three quarters of 2021 was -¥85,820,610.28, compared to ¥13,049,225.52 in the same period of 2020[18]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,684,645,175.28, a decrease of 0.56% from the end of the previous year[6]. - The company's current assets totaled CNY 3,245,661,117.79, compared to CNY 3,237,501,251.73 at the end of 2020, indicating a marginal increase[14]. - Total liabilities stood at CNY 2,906,961,325.11, up from CNY 2,850,254,334.90, marking an increase of about 2%[15]. - The company's equity attributable to shareholders decreased to CNY 1,728,336,693.00 from CNY 1,813,282,616.69, a decline of approximately 4.7%[15]. - The total non-current assets decreased to CNY 1,438,984,057.49 from CNY 1,473,483,425.87, indicating a decline of about 2.3%[14]. Cash Flow - Cash flow from operating activities for the year-to-date was ¥93,704,642.36, with no comparative data provided for the current quarter[5]. - The company reported a significant increase in cash flow from operating activities, with a net cash flow of ¥93,704,642.36, compared to a negative cash flow of ¥284,151,924.40 in the previous year[21]. - The company's cash inflow from operating activities totaled ¥1,431,605,028.06, compared to ¥1,152,955,277.18 in the same period of 2020[21]. - The net cash flow from investing activities was -82,869,464.50, compared to -7,978,886.58 in the previous period, indicating a significant increase in investment outflows[23]. - The net cash flow from financing activities was 25,614,352.16, a decrease from 123,279,576.63 in the previous period, reflecting reduced financing efficiency[23]. - The company reported a net increase in cash and cash equivalents of 36,449,530.02, contrasting with a decrease of -168,851,234.35 in the previous period[23]. Borrowings and Financing - The company reported a significant increase in long-term borrowings by 57,842.85%, attributed to the addition of a ¥100 million bank loan[8]. - Short-term borrowings increased to CNY 1,166,843,611.11 from CNY 1,140,720,231.94, reflecting a rise of about 2%[15]. - The company received 1,151,125,000.00 in cash from borrowings, showing reliance on debt financing[23]. - The cash paid for debt repayment was 1,078,896,148.66, reflecting ongoing obligations to creditors[23]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 31,515, with the largest shareholder holding 38.77% of the shares[11]. - The company distributed 46,339,301.27 in dividends, maintaining shareholder returns despite cash flow challenges[23]. Expenses - Total operating costs increased to ¥1,553,341,215.28, up 9.1% from ¥1,424,093,111.81 in the previous year[17]. - Research and development expenses for the first three quarters of 2021 were ¥54,106,091.69, an increase from ¥48,837,609.69 in the same period of 2020[17]. - The company experienced a decrease in sales expenses, which were reported at ¥64,326,991.23, down from ¥83,649,553.98 in the previous year[17]. Government Subsidies - The company recorded a government subsidy of ¥16,799,427.35 for the year-to-date, which is closely related to its normal business operations[7]. Compliance and Standards - The company did not apply the new leasing standards for the current financial year, indicating a potential area for future compliance adjustments[23].