SJFW(SH:600616)2021-10-29 16:00Financial Performance - The company's operating revenue for Q3 2021 was ¥161,554,970.78, a decrease of 1.54% compared to the same period last year[4] - The net profit attributable to shareholders was -¥272,676.66, representing a significant decline of 101.76% year-on-year[4] - The basic earnings per share for the current period was -¥0.0004, down 101.76% from the previous year[4] - The net profit attributable to shareholders for the year-to-date was -¥23,082,045.70, reflecting a decline of 2,757.16% compared to the previous year[4] - Net profit for the third quarter of 2021 was a loss of ¥26,053,860.59, compared to a profit of ¥6,843,230.06 in the same quarter of 2020, indicating a significant decline[24] - The company reported a basic and diluted earnings per share of -¥0.03, compared to ¥0.001 in the previous year, indicating a significant downturn in profitability[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,232,430,692.56, a decrease of 1.59% from the end of the previous year[4] - The company's total assets decreased to ¥2,232,430,692.56 from ¥2,268,420,218.88, reflecting a reduction of approximately 1.58%[19] - Total liabilities increased to ¥329,214,531.76 from ¥318,966,017.42, showing an increase of about 2.0%[19] - The total current liabilities were ¥253,990,941.20, a decrease of ¥5,047,765.11 compared to the previous period[31] - Non-current liabilities totaled ¥64,975,076.22, reflecting a decrease of ¥37,294,765.17[31] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥10,694,048.54, showing an increase of 10,328,100.00 compared to the same period last year[6] - Operating cash inflow for the first three quarters of 2021 was CNY 556,762,663.95, an increase of 3.9% compared to CNY 535,661,057.52 in the same period of 2020[25] - Net cash flow from operating activities was CNY 10,694,048.54, a significant recovery from a net outflow of CNY -92,586,986.28 in the previous year[26] - The company paid CNY 21,373,324.95 in dividends and interest, compared to CNY 16,846,568.44 in the same period last year, indicating a 27.5% increase[27] - The company’s cash flow from financing activities showed a net outflow of CNY -27,821,696.66, compared to a net outflow of CNY -16,846,568.44 in the previous year[27] Market and Sales - The company experienced a decrease in gross profit due to declining sales and rising costs, with a notable impact from the competitive market environment post-pandemic[6] - The company noted that the recovery of the yellow wine market demand has been relatively slow, impacting sales growth[6] - The company's total sales revenue for the first nine months of 2021 was RMB 40,030.62 million, a decrease of 0.61% compared to the same period in 2020[11] - Direct sales (including group purchases) generated RMB 10,441.60 million in revenue, up 2.08% year-on-year[11] - The mid-to-high-end product sales for the first nine months of 2021 were RMB 30,044.24 million, an increase of 11.62% year-on-year[14] Shareholder Information - The total number of common shareholders at the end of the reporting period was 104,780[8] - The largest shareholder, Shanghai Sugar Tobacco and Alcohol (Group) Co., Ltd., holds 233,352,334 shares, accounting for 34.88% of total shares[8] - The company reported a decrease in equity attributable to shareholders of ¥1,913,221,461.74, down 2.21% from the previous year-end[4] - The total equity attributable to shareholders decreased to ¥1,913,221,461.74 from ¥1,956,487,687.51, a decline of about 2.2%[19] - The company’s total equity, including minority interests, was ¥1,949,454,201.46, unchanged from the previous period[31]