YTO(SH:600233)2021-10-19 16:00Financial Performance - The company's operating revenue for Q3 2021 was CNY 1,104,660.73 million, representing a year-on-year increase of 24.98%[5] - The net profit attributable to shareholders for Q3 2021 was CNY 30,847.70 million, a decrease of 25.68% compared to the same period last year[5] - The basic earnings per share for Q3 2021 was CNY 0.0975, down 24.83% year-on-year[5] - The company's net profit for Q3 2021 was CNY 1,002,412,272.46, a decrease of 30.8% compared to CNY 1,446,110,461.62 in Q3 2020[23] - Operating profit for Q3 2021 was CNY 1,240,506,723.74, down from CNY 1,703,603,286.16 in the same period last year, reflecting a decline of 27.1%[23] - The total profit for Q3 2021 was CNY 1,219,448,932.62, down from CNY 1,693,781,187.51 in the same quarter last year, a decline of 28.0%[23] - The company reported a total comprehensive income of CNY 983,152,581.51 for Q3 2021, down from CNY 1,425,299,993.81 in Q3 2020, a decline of 30.9%[24] - Basic earnings per share for Q3 2021 were CNY 0.3020, compared to CNY 0.4526 in Q3 2020, reflecting a decrease of 33.2%[24] Assets and Liabilities - Total assets at the end of Q3 2021 reached CNY 2,900,882.39 million, an increase of 9.76% from the end of the previous year[6] - As of September 30, 2021, total assets amounted to RMB 29,008,823,873.51, up from RMB 26,429,151,896.93 at the end of 2020, reflecting a growth of approximately 9.9%[19] - The total liabilities as of September 30, 2021, were RMB 10,953,903,165.16, compared to RMB 8,913,481,219.30 at the end of 2020, an increase of about 23.0%[19] - The total cash and cash equivalents at the end of Q3 2021 amounted to approximately ¥4.02 billion, down from ¥3.89 billion at the end of Q3 2020, reflecting a net decrease of ¥634 million[28] - The total liabilities increased to approximately ¥9.67 billion in Q3 2021, up by ¥756 million compared to the previous period[32] - The company's total current liabilities reached approximately ¥8.63 billion, an increase of 2.4% from ¥8.83 billion in the previous period[32] - The non-current liabilities totaled approximately ¥835 million, reflecting an increase due to the adoption of new leasing standards[32] Cash Flow - The company reported a net cash flow from operating activities of CNY 163,959.95 million for the year-to-date, down 9.30% year-on-year[5] - The cash flow from operating activities for Q3 2021 was CNY 1,639,599,517.76, compared to CNY 1,807,649,850.94 in Q3 2020, indicating a decrease of 9.3%[27] - The cash flow from investment activities for Q3 2021 was negative at CNY -3,499,462,016.22, compared to CNY -2,718,255,407.71 in Q3 2020, indicating increased cash outflows for investments[27] - The net cash flow from financing activities for Q3 2021 was approximately ¥1.23 billion, a decrease of 3.3% compared to ¥1.28 billion in Q3 2020[28] - The company's cash flow from financing activities increased to approximately ¥2.47 billion in Q3 2021, compared to ¥1.99 billion in Q3 2020[28] Shareholder Information - The company had a total of 56,157 common shareholders at the end of the reporting period[10] - The largest shareholder, Shanghai YTO Dragon Investment Development (Group) Co., Ltd., held 33.01% of the shares[10] Costs and Expenses - Total operating costs for the first three quarters of 2021 were RMB 29,413,071,005.79, compared to RMB 21,949,075,074.00 in 2020, indicating an increase of about 34.0%[20] - The company's financial expenses for Q3 2021 were CNY 4,197,906.63, compared to a financial income of CNY 18,279,483.51 in Q3 2020, indicating a significant shift in financial performance[23] - Research and development expenses for Q3 2021 were CNY 33,637,415.78, up 32.4% from CNY 25,401,613.46 in Q3 2020[23] Market Conditions - The decline in net profit was attributed to increased industry competition, changes in market trends, and the cancellation of government incentives during the COVID-19 pandemic[9]