CYG(SH:600525)2021-10-28 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥1,573,818,414.89, a decrease of 18.66% compared to the same period last year[6] - The net profit attributable to shareholders of the listed company was -¥60,263,494.61, representing a decline of 166.31% year-on-year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥78,438,579.38, a decrease of 181.91% compared to the same period last year[9] - The basic and diluted earnings per share were both -¥0.0462, down 166.31% year-on-year[9] - The net profit for the third quarter was CNY -24,062,329.43, a significant decline from CNY 187,914,299.46 in the same quarter of the previous year[31] - Total revenue for the first three quarters of 2021 was CNY 4,249,338,463.30, a slight decrease of 1.1% compared to CNY 4,295,888,855.87 in the same period of 2020[29] Assets and Liabilities - Total assets at the end of the reporting period were ¥13,321,255,554.27, an increase of 13.94% compared to the end of the previous year[9] - The total assets reached RMB 13,321,255,554.27, up from RMB 11,691,744,037.18, marking an increase of around 13.9% year-over-year[25] - The company's non-current assets totaled RMB 5,418,019,218.64, compared to RMB 4,965,526,657.38, reflecting an increase of about 9.1%[25] - The total liabilities increased to CNY 8,705,157,389.75, up from CNY 7,377,670,645.90 year-over-year[29] - The total equity attributable to shareholders decreased to CNY 4,304,618,288.18 from CNY 4,351,675,392.03 in the previous year[29] - Total liabilities amounted to approximately ¥7.38 billion, with current liabilities at ¥6.28 billion and non-current liabilities at ¥1.10 billion[43] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥136,178,540.95[9] - Cash inflow from operating activities for the first three quarters of 2021 was CNY 4,746,125,440.59, an increase of 8.2% compared to CNY 4,386,312,534.48 in the same period of 2020[37] - Cash outflow from operating activities totaled CNY 4,882,303,981.54, up from CNY 4,453,239,563.27 in the previous year, resulting in a net cash flow from operating activities of -CNY 136,178,540.95[37] - Cash inflow from investment activities was CNY 9,992,535.26, significantly lower than CNY 170,815,539.53 in the same period last year, leading to a net cash flow from investment activities of -CNY 432,773,316.93[39] - Cash inflow from financing activities amounted to CNY 4,311,272,937.75, slightly down from CNY 4,393,513,001.78 in the previous year, with a net cash flow from financing activities of CNY 777,208,181.23[39] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 44,087[16] - The equity attributable to shareholders of the listed company was ¥4,304,618,288.18, a decrease of 1.08% compared to the end of the previous year[9] - The company’s total equity, including minority interests, stands at approximately ¥4.31 billion[45] Operational Changes and Governance - The company is currently adjusting the equity structure of some subsidiaries to enhance internal collaboration within its intelligent equipment segment[20] - The company has appointed new senior management and adjusted its board of directors as part of its governance updates[20] - The company is facing investor compensation claims totaling approximately RMB 202.64 million due to previous financial misreporting issues[20] - The company will conduct annual impairment tests on goodwill and adjust its book value accordingly[21] Costs and Expenses - Total operating costs increased to CNY 4,444,581,281.43, up 8.0% from CNY 4,116,237,239.10 year-over-year[29] - Research and development expenses rose to CNY 461,513,307.93, an increase of 22.3% compared to CNY 377,074,414.15 in the previous year[29] - The company reported a significant increase in cash paid to employees, totaling CNY 1,015,639,347.40, compared to CNY 815,696,379.64 in the previous year[37] Financial Reporting Standards - The company has implemented new leasing standards since January 1, 2021, affecting its financial reporting[46]