DATANG TELECOM(SH:600198)2021-10-28 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥181,525,300.03, representing a decrease of 22.31% compared to the same period last year[7]. - The company reported a 36.44% decline in operating revenue year-to-date, primarily due to the exclusion of Jiangsu Security and NXP from the consolidated financial statements[17]. - Total operating revenue for the first three quarters of 2021 was ¥477,323,191.97, a decrease of 36.3% compared to ¥751,020,214.24 in the same period of 2020[31]. - Total operating costs for the first three quarters of 2021 were ¥547,512,642.14, down 44.8% from ¥993,617,019.37 in the previous year[34]. - Net profit for the third quarter of 2021 was a loss of ¥159,898,408.27, compared to a loss of ¥321,390,772.77 in the same quarter of 2020, indicating an improvement[34]. - The total comprehensive income for the third quarter of 2021 was -¥159,898,408.27, compared to -¥321,390,772.77 in the same quarter of 2020, showing a reduction in losses[38]. - Basic earnings per share for the first three quarters of 2021 were -0.1268 CNY, compared to -0.2884 CNY in 2020, showing an improvement[40]. Profitability and Cash Flow - The net profit attributable to shareholders was -¥35,919,169.31, with a year-to-date net profit of -¥111,825,294.45[7]. - Operating cash flow for the first three quarters of 2021 was -31,702,503.10 CNY, a decline from 77,347,818.87 CNY in the same period of 2020[40]. - Total cash inflow from operating activities was 614,990,864.00 CNY, down from 1,115,383,831.30 CNY year-over-year[40]. - Cash outflow from operating activities totaled 646,693,367.10 CNY, compared to 1,038,036,012.43 CNY in the previous year[40]. - The company incurred financial expenses of ¥50,986,385.17 in the third quarter of 2021, a decrease of 43.5% from ¥90,273,650.73 in the same quarter of 2020[34]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,961,501,952.60, down 5.70% from the end of the previous year[9]. - Current assets totaled CNY 1,284,644,971.19, slightly down from CNY 1,296,033,284.29, indicating a decrease of about 0.9%[25]. - Total liabilities amounted to ¥3,640,670,211.33, slightly down from ¥3,659,689,195.65 in the previous year[31]. - The company's total non-current liabilities were ¥439,173,671.78, down from ¥682,536,932.78 in the previous year[31]. - The total equity attributable to shareholders of the parent company was -¥1,423,698,308.48, worsening from -¥1,311,873,014.03 year-over-year[31]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 77,348[18]. - The largest shareholder, Telecom Science and Technology Research Institute Co., Ltd., held 17.15% of the shares[18]. Government Support and R&D - The company received government subsidies amounting to ¥839,512.78 during the reporting period[11]. - Research and development expenses for the first three quarters of 2021 were ¥65,012,779.31, a significant decrease of 63.0% from ¥175,812,312.90 in the same period of 2020[34]. - The company did not report any new product developments or market expansion strategies during this quarter[20]. - The company has not provided any updates on new product development or market expansion strategies during the reporting period[22]. Cash and Financing Activities - Cash and cash equivalents were CNY 262,634,246.34, down from CNY 307,122,862.85, representing a decline of approximately 14.5%[25]. - Cash inflow from financing activities was 1,071,946,920.00 CNY, compared to 1,880,475,607.11 CNY in the same period last year[42]. - Cash outflow from financing activities was 1,040,379,022.85 CNY, down from 2,339,658,974.16 CNY in 2020[42]. - The ending cash and cash equivalents balance for the first three quarters of 2021 was 249,757,117.47 CNY, compared to 398,593,591.57 CNY at the end of the same period in 2020[42].