FLDT(SH:600228)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥178,859,854.15, representing a year-on-year increase of 36.20%[4] - The net profit attributable to shareholders for Q3 2021 was ¥2,212,561.47, showing a significant decrease of 86.80% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,710,153.28, down 89.62% year-on-year[4] - Total operating revenue for the first three quarters of 2021 reached ¥395,177,865.49, an increase of 15.1% compared to ¥343,351,361.63 in the same period of 2020[21] - Net profit for the third quarter was ¥42,467,179.25, a decrease of 48.7% compared to ¥82,847,924.42 in the previous year[23] - Basic and diluted earnings per share for the third quarter were both ¥0.0543, down from ¥0.1241 in the same quarter of the previous year[23] Assets and Liabilities - The total assets at the end of Q3 2021 were ¥1,041,253,185.02, a decrease of 3.91% from the end of the previous year[5] - Total assets as of the end of the third quarter were ¥1,041,253,185.02, a slight decrease from ¥1,083,606,330.96 at the end of the previous quarter[19] - Total liabilities increased to ¥697,710,796.75 from ¥266,334,531.46, indicating a substantial rise in financial obligations[19] - Total liabilities were CNY 266,334,531.46, down from CNY 272,753,201.60 in the previous year[32] Shareholder Information - Total number of common shareholders at the end of the reporting period was 15,605[13] - The top 10 shareholders held a total of 24.05% of shares, with Shanghai Xiangrui Enterprise Management Consulting holding 198,006,528 shares[13] - Total equity attributable to shareholders amounted to $817,271,799.50, a slight decrease of $174,249.41 compared to the previous period[33] Cash Flow and Investments - The net cash flow from operating activities for the year-to-date period was ¥18,515,690.65, down 55.01% year-on-year[4] - Operating cash inflow for the first three quarters of 2021 was CNY 495,839,976.36, an increase of 14.2% compared to CNY 434,090,943.94 in the same period of 2020[26] - Cash flow from investing activities showed a net outflow of CNY 342,724.37, compared to a net outflow of CNY 578,243.83 in the same period last year[28] - Cash flow from financing activities resulted in a net outflow of CNY 34,204,680.51, a decrease of 151.8% from a net inflow of CNY 66,019,475.78 in 2020[28] Operational Challenges - The company experienced a significant decline in net profit compared to the same period last year due to reduced advertising and traditional guide business revenue[16] - The company experienced a significant increase in market investment for new business initiatives, impacting profitability[10] - The company is focusing on new business market investments and managing member expired points to mitigate costs[16] - The company has not disclosed any significant new product or technology developments during the reporting period[16] Future Commitments - The company has committed to achieving net profits of no less than 19,156.00 million RMB, 22,090.00 million RMB, and 24,950.00 million RMB for the years 2021, 2022, and 2023 respectively[16]