QHHD(SH:600243)2021-10-28 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥159,327,808.22, a decrease of 21.54% compared to the same period last year[4] - The net profit attributable to shareholders was a loss of ¥1,344,098.68, representing a decline of 105.61% year-on-year[4] - Total revenue for the first three quarters of 2021 was ¥429,238,748.04, a decrease of 10.3% compared to ¥478,554,001.47 in the same period of 2020[20] - Net profit attributable to shareholders of the parent company for Q3 2021 was -¥18,822,766.54, compared to a profit of ¥3,353,452.58 in Q3 2020[22] - The basic earnings per share were -¥0.0031, down 105.61% from the same period last year[4] - The basic and diluted earnings per share for Q3 2021 were both -¥0.0429, compared to ¥0.0076 in Q3 2020, reflecting a negative shift in profitability[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,967,806,615.63, an increase of 18.64% compared to the end of the previous year[5] - The company's total assets increased to ¥1,967,806,615.63 in Q3 2021, up from ¥1,658,652,760.62 in Q3 2020, reflecting a growth of 18.6%[18] - Total liabilities rose to ¥825,183,510.04 in Q3 2021, compared to ¥503,696,439.58 in Q3 2020, marking a significant increase of 63.7%[18] - The total liabilities of the company included short-term borrowings of 155,003,938.07 RMB, indicating a stable financing structure[28] - Non-current liabilities totaled 63,901,963.95, including long-term borrowings of 15,016,319.44[29] Cash Flow - Cash flow from operating activities showed a net outflow of ¥27,988,283.10 year-to-date[4] - The company's cash flow from operating activities for the first three quarters of 2021 showed a net outflow, indicating challenges in cash generation[24] - The net cash flow from operating activities for the first three quarters of 2021 was -27,988,283.10 RMB, an improvement from -64,971,997.32 RMB in the same period of 2020[25] - Total cash inflow from operating activities decreased to 452,905,266.87 RMB in 2021 from 622,402,949.05 RMB in 2020, representing a decline of approximately 27.3%[25] - Cash outflow from operating activities also decreased to 480,893,549.97 RMB in 2021 from 687,374,946.37 RMB in 2020, a reduction of about 30.1%[25] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 36,918[9] - The company reported a total of 49,811,500 shares held by Guangzhou Lianshun Technology Development Co., Ltd., accounting for 11.35% of total shares[10] - The total number of shares held by the top ten shareholders represents a significant portion of the company's equity, indicating concentrated ownership[10] - The company has pledged 23,000,000 shares by Shenzhen Chuangdongfang Fuda Investment Enterprise, reflecting a strategy to leverage equity for financing[10] Investments and Acquisitions - The company completed the acquisition of 70% equity in Guangzhou Ruifeng Cultural Communication Co., Ltd. for RMB 27,964.111 million, enhancing its presence in the cultural creative design sector[12] - The company experienced a 100% increase in long-term equity investments due to the expansion of subsidiary acquisitions[6] Inventory and Receivables - Accounts receivable increased by 187.91% due to the acquisition of a subsidiary and contractual payment terms[6] - Inventory levels rose to RMB 477,052,212.57 compared to RMB 437,886,197.29 at the end of 2020, showing an increase of approximately 9%[16] - Accounts receivable increased significantly to RMB 217,770,400.55 from RMB 75,638,850.34, representing a growth of about 187%[16] Research and Development - Research and development expenses for Q3 2021 were ¥16,297,483.27, slightly down from ¥16,364,112.92 in Q3 2020, indicating stable investment in innovation[21] Other Financial Metrics - The company reported a government subsidy of ¥700,178.73 during the reporting period[6] - The company's non-current assets include fixed assets valued at RMB 373,287,306.94, down from RMB 391,657,549.04, indicating a decrease of about 5%[16] - The implementation of the new leasing standard resulted in the recognition of right-of-use assets and lease liabilities of 11,667,323.15 each[31] - The deferred income amounted to 48,574,735.46, which may indicate future revenue streams[29] - Employee compensation payable was reported at 6,677,631.22, reflecting the company's obligations to its workforce[29]