FLDT(SH:600228)2022-04-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was CNY 131,690,042.83, representing a year-on-year increase of 0.28%[3] - The net profit attributable to shareholders for Q3 2021 was CNY 2,212,561.47, a decrease of 86.80% compared to the same period last year[3] - The basic earnings per share for Q3 2021 was CNY 0.0028, down 88.84% year-on-year[3] - Total operating revenue for the first three quarters of 2021 reached ¥348,008,054.17, a slight increase of 1.9% compared to ¥343,351,361.63 in the same period of 2020[22] - Net profit for the first three quarters of 2021 was ¥42,467,179.25, a decrease of 48.7% compared to ¥82,847,924.42 in the same period of 2020[23] - Basic and diluted earnings per share for the first three quarters of 2021 were both ¥0.0543, down from ¥0.1241 in the previous year[23] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,041,253,185.02, a decrease of 3.91% from the end of the previous year[4] - The company's total assets as of September 30, 2021, amounted to RMB 1,041.25 million, a decrease from RMB 1,083.61 million at the end of 2020[18] - The total liabilities increased significantly to RMB 697.71 million from RMB 266.33 million at the end of 2020[19] - Total current assets amounted to approximately $1.075 billion, with cash and cash equivalents at $888 million and accounts receivable at $112 million[30] - Total liabilities reached approximately $266 million, with current liabilities accounting for $256 million and non-current liabilities at $9.5 million[31] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,605[10] - The top shareholder, Shanghai Xiangrui Enterprise Management Consulting, holds 24.05% of the shares, totaling 198,006,528 shares[10] - The equity attributable to shareholders decreased by 57.96% to CNY 343,542,388.27 compared to the end of the previous year[4] - The equity attributable to the parent company decreased to RMB 343.54 million from RMB 817.27 million at the end of 2020[19] - Shareholders' equity totaled approximately $817 million, with retained earnings at $103 million and capital reserves at $86 million[32] Cash Flow and Expenses - The net cash flow from operating activities for the year-to-date was CNY 18,515,690.65, down 55.01% year-on-year[9] - Cash flow from operating activities generated a net amount of ¥18,515,690.65, a decline of 55.0% from ¥41,159,639.05 in the same period of 2020[26] - The company reported a net cash outflow from investing activities of ¥342,724.37, compared to a net outflow of ¥578,243.83 in the same period of 2020[27] - The company experienced a net cash outflow from financing activities of ¥34,204,680.51, contrasting with a net inflow of ¥66,019,475.78 in the previous year[27] - The company reported a slight decrease in undistributed profits by approximately $174,000 compared to the previous period[32] Business Operations - The company experienced a significant decline in advertising and traditional guide business revenue, impacting net profit[8] - The company experienced a significant decline in net profit due to reduced revenue from advertising and traditional sales, alongside increased costs from new business investments[13] - The company completed a major asset restructuring in March 2021, which affected the financial statements due to reverse acquisition accounting principles[5] - Research and development expenses for the first three quarters of 2021 were ¥38,281,999.12, a decrease of 7.1% compared to ¥41,243,335.36 in the same period of 2020[22] - Sales expenses increased to ¥127,339,222.26, up 13.2% from ¥112,458,952.83 in the previous year[22] Other Financial Metrics - The company has committed to achieving net profits of no less than RMB 191.56 million, RMB 220.90 million, and RMB 249.50 million for the years 2021, 2022, and 2023 respectively[14] - The company noted a significant increase in other payables to RMB 524.43 million from RMB 85.84 million year-over-year[19] - The company's cash and cash equivalents were RMB 872.09 million, slightly down from RMB 888.09 million at the end of 2020[17] - Accounts receivable decreased to RMB 92.24 million from RMB 112.33 million year-over-year[17] - The company’s non-current assets increased to approximately $14.8 million, primarily due to the addition of right-of-use assets[30]