THGW(SH:600365)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥109,682,483.40, representing a year-over-year increase of 3.37%[3] - The net profit attributable to shareholders was -¥16,355,343.45, a decrease of 155.03% compared to the same period last year[3] - The basic earnings per share for the period was -¥0.041, reflecting a decline of 155.73% year-over-year[3] - Operating profit for Q3 2021 was -¥8,921,241.31, an improvement from -¥15,014,023.43 in Q3 2020[16] - Net profit for Q3 2021 was -¥13,467,980.25, compared to -¥17,258,835.67 in Q3 2020, indicating a reduction in losses[16] - Total comprehensive income for Q3 2021 was -¥13,467,980.25, compared to -¥17,258,835.67 in Q3 2020[17] - Basic and diluted earnings per share for Q3 2021 were both -¥0.047, compared to -¥0.046 in Q3 2020[17] Assets and Liabilities - Total assets at the end of the reporting period were ¥713,032,981.83, down 33.99% from the end of the previous year[4] - The equity attributable to shareholders decreased by 42.36% to ¥342,441,512.06 compared to the end of the previous year[4] - The total liabilities were RMB 370,853,146.60, down from RMB 406,488,205.01 in the previous year[14] - The company's current assets totaled RMB 358,516,309.75, significantly lower than RMB 742,160,094.84 at the end of 2020[12] - The cash and cash equivalents were reported at RMB 9,513,715.66, a significant drop from RMB 150,808,862.64[12] - The accounts receivable decreased to RMB 46,118,784.36 from RMB 60,786,300.46[12] - The company reported a total equity of RMB 342,179,835.23, down from RMB 673,670,128.86 in the previous year[14] - Current liabilities were 334,597,291.27, including short-term borrowings of 135,000,000.00 and accounts payable of 31,722,150.15[23] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥115,247,394.78, indicating a significant cash outflow[3] - Cash flow from operating activities for the first three quarters of 2021 was -¥115,247,394.78, a decline from a positive cash flow of ¥94,784,072.14 in the same period of 2020[20] - Net cash flow from financing activities for Q3 2021 was ¥102,271,927.89, a significant recovery from -¥102,109,095.24 in Q3 2020[21] Expenses and Costs - The company reported a significant increase in expenses, which contributed to the decline in net profit[6] - Total operating costs increased to ¥465,668,225.51, up 7.9% from ¥431,569,534.00 in the previous year[16] - Research and development expenses for Q3 2021 were ¥566,548.00, slightly up from ¥506,799.18 in Q3 2020[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 24,853[8] - The company had a total of 43,093,236 shares held by its largest shareholder, accounting for 10.7% of total shares[9] Future Outlook - The company is focusing on expanding its market presence and enhancing product development strategies[25] - Future outlook includes potential mergers and acquisitions to strengthen market position and drive growth[25]