GLCC(SH:600234)2021-10-28 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥169,733,303.28, a decrease of 51.59% compared to the same period last year[6]. - The net profit attributable to shareholders was ¥4,791,960.28, down 81.15% year-on-year[6]. - The basic earnings per share were ¥0.0222, reflecting a decline of 84.70% compared to the previous year[7]. - Total operating revenue for the first three quarters of 2021 was CNY 488,055,359.63, a decrease of 7.26% compared to CNY 526,290,038.24 in the same period of 2020[21]. - Net profit for the third quarter of 2021 was CNY 10,005,696.61, a decline of 66.3% from CNY 29,686,463.14 in the same quarter of 2020[22]. - The company reported a basic earnings per share of CNY 0.0466 for Q3 2021, down from CNY 0.1451 in Q3 2020[23]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,104,009,484.58, an increase of 4.93% from the end of the previous year[7]. - The company's total liabilities decreased to CNY 471,368,266.70 in Q3 2021 from CNY 902,138,584.37 in Q3 2020, indicating improved financial health[20]. - The total current assets reached CNY 631,095,349.16, up from CNY 585,758,861.89, indicating an increase of about 7.75%[18]. - The company's total assets increased to CNY 1,104,009,484.58 in Q3 2021 from CNY 1,052,163,403.74 in Q3 2020, indicating overall growth in asset base[20]. Shareholder Equity - The equity attributable to shareholders increased by 371.88% to ¥612,456,310.16 due to a non-public offering of shares[7]. - The total equity attributable to shareholders increased to CNY 612,456,310.16 in Q3 2021 from CNY 129,789,750.63 in Q3 2020, showing significant growth in shareholder value[20]. - The company completed a non-public offering of 60,075,093 shares, increasing the total share capital and enhancing capital strength, with the controlling shareholder holding 33.23% post-offering[15]. Cash Flow - The cash flow from operating activities was not applicable for this period[7]. - Cash flow from operating activities for the first three quarters of 2021 was CNY 453,448,366.35, compared to CNY 373,839,900.11 in the same period of 2020, indicating improved cash generation[24]. - Net cash flow from operating activities was -182,173,551.38 RMB, compared to -18,474,719.37 RMB in the previous period, indicating a significant decline[25]. - Total cash inflow from financing activities was 472,388,899.11 RMB, with a net cash flow of 142,824,112.56 RMB, up from 29,405,500.00 RMB in the previous period[26]. Operational Costs and Expenses - The company’s management expenses rose by 33.27%, driven by increased personnel costs and rental expenses[10]. - Total operating costs for the first three quarters of 2021 were CNY 469,386,749.03, down from CNY 485,925,185.94 in 2020, reflecting a cost reduction strategy[21]. - The company incurred a financial expense of CNY 7,023,081.12 in the first three quarters of 2021, down from CNY 9,962,783.67 in the same period of 2020, reflecting effective cost management[21]. Contractual Obligations - The company reported a significant increase in contract assets by 66.74%, attributed to uncompleted construction contracts[10]. - The company’s contract liabilities increased to CNY 25,253,128.65 in Q3 2021 from CNY 12,455,882.11 in Q3 2020, suggesting growth in customer commitments[20]. Shareholder Structure - The number of ordinary shareholders at the end of the reporting period was 8,595[12]. - The company has established a consistent shareholder structure, with the top ten shareholders holding a combined 66.88% of the shares[14].