ST中珠(600568) - 2021 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2021 was CNY 169,944,959.97, representing a decrease of 4.42% compared to the same period last year[5] - The net profit attributable to shareholders was CNY -15,417,086.30, a decline of 4.97% year-on-year[5] - The net profit after deducting non-recurring gains and losses was CNY -17,215,945.82, down 5.02% from the previous year[5] - The company reported a year-to-date decrease of 37.85% in net profit attributable to shareholders compared to the previous year[10] - The net loss for the first three quarters of 2021 was CNY 63,931,589.97, compared to a net loss of CNY 1,290,544,464.56 in the same period of 2020[23] - The net profit for Q3 2021 was -60,648,223.35 RMB, compared to -37,342,516.67 RMB in Q3 2020, representing an increase in net loss of approximately 62.2% year-over-year[24] - Operating profit for Q3 2021 was -41,856,897.97 RMB, worsening from -15,611,845.61 RMB in the same period last year[24] - Basic and diluted earnings per share for Q3 2021 were both -0.0319 RMB, compared to -0.0231 RMB in Q3 2020[24] Cash Flow and Assets - The cash flow from operating activities for the year-to-date was CNY 63,489,360.67, showing a significant decrease of 64.32% compared to the same period last year[6] - Cash flow from operating activities for the first three quarters of 2021 was 63,489,360.67 RMB, down 64.3% from 177,953,434.13 RMB in the first three quarters of 2020[25] - The company's cash flow from operating activities showed a significant improvement, with a net cash inflow of CNY 20,473,271.14 compared to a cash outflow in the previous year[23] - Total cash and cash equivalents at the end of Q3 2021 were 578,267,687.32 RMB, a decrease from 595,280,662.93 RMB at the end of Q3 2020[26] - Cash and cash equivalents as of September 30, 2021, were CNY 579,870,776.99, a decrease of 17% from CNY 698,609,658.27 at the end of 2020[18] - Total assets at the end of the reporting period were CNY 4,672,341,521.12, an increase of 3.25% from the end of the previous year[6] - Total assets as of September 30, 2021, amounted to CNY 4,672,341,521.12, an increase from CNY 4,525,334,908.56 at the end of 2020[20] - Current assets totaled approximately $2.10 billion, with a slight decrease of $444.65 thousand from the previous period[28] - Non-current assets decreased to approximately $2.43 billion, reflecting an increase in right-of-use assets by $291.37 million[28] Liabilities and Equity - The equity attributable to shareholders at the end of the reporting period was CNY 3,732,340,188.95, a decrease of 1.68% compared to the end of the previous year[6] - Total liabilities increased to CNY 755,887,649.82 from CNY 545,442,455.38, indicating a rise of 38.4%[19] - The company’s total liabilities increased, impacting its financial stability and future investment capabilities[27] - Total liabilities reached approximately $545.44 million, a decrease of $290.93 million compared to the previous period[29] - Shareholders' equity totaled approximately $3.98 billion, remaining stable compared to the previous period[30] - The company reported a negative retained earnings of approximately $1.29 billion, indicating accumulated losses[30] Shareholding Structure - Shenzhen Yiti Investment Holding Group Co., Ltd. holds 252,324,862 shares, accounting for 12.66% of the total share capital, and is currently in bankruptcy liquidation[16] - Xiao Feiying holds 164,555,403 shares, representing 8.26% of the total share capital[16] - Shenzhen Landi Technology Development Co., Ltd. owns 127,848,000 shares, which is 6.42% of the total share capital[16] - Guangzhou Yunying Capital Management Co., Ltd. has 122,337,830 shares, making up 6.14% of the total share capital[16] - Zhuhai Zhongzhu Group Co., Ltd. holds 119,757,422 shares, accounting for 6.01% of the total share capital[16] - Huang Pengbin owns 104,118,991 shares, representing 5.22% of the total share capital[16] - The total shareholding of major shareholders (over 5%) is close, indicating potential uncertainty in future control changes[16] - The total shareholding of Yiti Group and its concerted actors is 16.47% of the total share capital[16] Regulatory and Audit Information - The company did not conduct an audit for the Q3 financial statements[4] - The company received a notice of investigation from the China Securities Regulatory Commission for suspected information disclosure violations, which has since been resolved without penalties[15] - The company completed a judicial auction where Zeng Yamei acquired 56,926,989 shares, representing 2.86% of the total share capital[15] Cost Management - Total operating costs for the first three quarters of 2021 were CNY 431,200,140.63, down from CNY 524,772,566.40 in 2020, reflecting a reduction of 17.8%[23] - The company reported a decrease in management expenses to CNY 105,856,540.80 from CNY 111,338,534.23, reflecting a cost-saving strategy[23] - The company incurred a total of 941,021.74 RMB in non-operating expenses in Q3 2021, significantly higher than 5,039,381.41 RMB in Q3 2020[24] Sector Performance - The decline in net profit was primarily due to a significant reduction in revenue from the real estate sector[10] - Total operating revenue for the first three quarters of 2021 was CNY 399,047,188.66, a decrease of 19.93% compared to CNY 498,228,589.26 in the same period of 2020[23] - The company received cash inflows from investment activities totaling 193,445,411.38 RMB in the first three quarters of 2021, down from 365,483,563.96 RMB in the same period last year[25] - Investment activities generated a net cash outflow of -135,069,474.89 RMB in the first three quarters of 2021, compared to a net inflow of 79,032,888.84 RMB in the same period last year[26]