JIANGSU SAINTY(SH:600287)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥903,421,017.02, a decrease of 20.61% compared to the same period last year[4]. - The net profit attributable to shareholders was -¥16,256,859.64, representing a decline of 114.41% year-on-year[4]. - The basic earnings per share for the period was -¥0.0372, down 114.41% from the previous year[6]. - The net profit for the first three quarters of 2021 was a loss of ¥52,740,820.01, compared to a profit of ¥170,839,846.87 in the same period of 2020[15]. - Other comprehensive income after tax for the first three quarters of 2021 was a loss of ¥179,608,290.16, contrasting with a gain of ¥50,544,524.83 in 2020[15]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,845,003,885.73, a decrease of 18.93% compared to the end of the previous year[6]. - The company's total assets as of September 30, 2021, were ¥4,845,003,885.73, down from ¥5,976,579,987.94 at the end of 2020[14]. - Total liabilities decreased to ¥2,381,452,504.60 as of September 30, 2021, from ¥3,135,923,505.24 at the end of 2020[14]. - The total liabilities of the company amounted to 3,135,923,505.24 RMB, with current liabilities accounting for 2,889,150,134.20 RMB[19]. - The company reported a total equity of 2,840,656,482.70 RMB, unchanged from the previous year[19]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥707,283,621.88, indicating significant cash outflow[4]. - The net cash flow from operating activities for the first three quarters of 2021 was -707,283,621.88 RMB, compared to -317,083,433.31 RMB in the same period of 2020, indicating a decline in operational cash flow[16]. - Total cash inflow from operating activities was 3,565,940,436.91 RMB, while total cash outflow was 4,273,224,058.79 RMB, resulting in a net cash outflow of 707.28 million RMB[16]. - Cash flow from investment activities showed a net outflow of -191,208,630.49 RMB, a significant decrease from a net inflow of 551,675,445.52 RMB in the previous year[16]. - The cash and cash equivalents at the end of the reporting period were 635,404,467.20 RMB, down from 829,665,496.80 RMB at the end of the previous year[16]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 25,739[9]. - The largest shareholder, Jiangsu Shuntian International Group Co., Ltd., held 49.24% of the shares[9]. Operational Metrics - The weighted average return on equity decreased by 5.45 percentage points to -0.68% for the current period[6]. - The company reported a significant increase in impairment provisions due to overdue receivables in the communications equipment business[8]. - Basic earnings per share for the first three quarters of 2021 were -¥0.1626, compared to ¥0.3637 in the same period of 2020[15]. - Cash and cash equivalents decreased to ¥774,483,328.89 from ¥1,341,740,713.72 at the end of 2020, representing a decline of 42.1%[14]. - Accounts receivable increased significantly to ¥721,322,128.57 from ¥246,109,197.58, indicating a growth of 194.5%[14]. Financing Activities - The company raised 789,215,414.85 RMB through borrowings, compared to 443,272,737.78 RMB in the same period last year, reflecting a 78% increase in financing activities[16]. - The company recognized a right-of-use asset and lease liability of 4,810,167.55 RMB due to the implementation of new leasing standards[20].