BOCO(SH:600289)2021-10-26 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥150,936,353.94, representing a year-on-year increase of 54.20%[3] - The net profit attributable to shareholders for the same period was ¥37,459,777.71, with a year-to-date net profit of -¥16,435,610.43[3] - The basic earnings per share for Q3 2021 was ¥0.0594, compared to -¥0.0260 for the year-to-date[4] - Total operating revenue for the first three quarters of 2021 reached ¥354,506,408.67, a significant increase from ¥281,468,869.58 in the same period of 2020, representing a growth of approximately 25.9%[19] - The net profit for the first three quarters of 2021 was -¥16,662,052.61, an improvement compared to -¥144,007,699.48 in the same period of 2020, indicating a reduction in losses by approximately 88.4%[20] - The company reported a total comprehensive loss of -¥16,662,052.61 for the first three quarters of 2021, compared to -¥144,007,699.48 in 2020, showing a significant improvement[21] - The basic and diluted earnings per share for the first three quarters of 2021 were both -¥0.0260, compared to -¥0.2277 in the same period of 2020[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,421,665,749.03, a decrease of 6.12% from the end of the previous year[4] - As of September 30, 2021, the company's total assets amounted to RMB 2,421,665,749.03, a decrease from RMB 2,579,476,108.07 at the end of 2020, representing a decline of approximately 6.1%[14] - The company's cash and cash equivalents were RMB 1,487,864,553.42, down from RMB 1,771,396,100.01 at the end of 2020, indicating a decrease of about 16.0%[14] - Accounts receivable increased to RMB 336,693,498.29 from RMB 204,389,282.83, reflecting a growth of approximately 64.5% year-over-year[14] - Total current liabilities decreased to RMB 864,505,305.71 from RMB 1,034,799,766.14, a reduction of about 16.4%[15] - The company's total equity as of September 30, 2021, was RMB 1,556,706,638.32, compared to RMB 1,544,222,536.93 at the end of 2020, showing a slight increase of approximately 0.8%[16] - The total liabilities decreased to RMB 864,959,110.71 from RMB 1,035,253,571.14, a decline of about 16.4%[16] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥147,263,114.48[3] - The cash flow from operating activities showed a net outflow of -¥147,263,114.48 in 2021, worsening from -¥83,706,203.81 in 2020[24] - The total cash inflow from operating activities was ¥394,762,547.46 in 2021, compared to ¥380,318,890.31 in 2020, indicating a slight increase of about 3.7%[24] - The net cash flow from investment activities was -699,517.48, compared to -6,240,496.51 in the first three quarters of 2020, indicating an improvement[25] - The net increase in cash and cash equivalents for the period was -147,962,758.04, compared to -89,946,700.32 in the same period of 2020, reflecting a worsening cash position[25] - The cash and cash equivalents at the end of the period stood at 631,472,334.51, up from 100,626,681.01 at the end of the same period in 2020[25] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 26,107[10] - The largest shareholder, Yiyang Group Co., Ltd., held 32.89% of the shares, with 64,459,419 shares frozen[10] Expenses - Research and development expenses for the first three quarters of 2021 were ¥93,992,186.05, down from ¥122,756,626.04 in 2020, reflecting a decrease of about 23.4%[19] - Sales expenses decreased to ¥35,063,932.19 in 2021 from ¥48,949,294.24 in 2020, a reduction of approximately 28.5%[19] Other Financial Metrics - The weighted average return on equity for Q3 2021 was 2.3699%, compared to -1.0579% for the year-to-date[4] - The company reported non-recurring gains and losses totaling ¥169,579.68 for the year-to-date[7] - The company recorded an asset disposal gain of ¥184,697.06 in 2021, down from ¥3,001,374.62 in 2020, reflecting a decrease of approximately 93.8%[20] - The company did not apply the new leasing standards starting in 2021, indicating a potential impact on future financial reporting[25]